Key stats
About iShares Agency Bond ETF
Expense ratio
0.20%
Home page
Inception date
Nov 5, 2008
ISIN
US4642881662
AGZ tracks the agency sector of the US government bond market. Typically, when one thinks about government agencies, institutions like Fannie Mae come to mind. However, AGZ can hold a wide range of USD-denominated bonds, including corporates and foreign debt such as development banks guaranteed by the US government. AGZ holds slightly more short-term debt, resulting in a lower weighted average maturity but a higher YTM. However, these differences haven't had a significant impact on the fund's ability to deliver market-like exposure. The index is updated monthly. The fund uses a sampling method in tracking the index, which means it will invest in a sample of securities that collectively have an investment profile similar to that of the underlying index.
Classification
What's in the fund
Exposure type
Government
Bonds, Cash & Other100.00%
Government97.98%
Corporate1.82%
Cash0.16%
Miscellaneous0.03%