iShares 1-10 Year U.S. Aggregate Bond ETF

Frequently Asked Questions About AGGM

What does AGGM invest in?

GBF excludes securitized debt from a broad-market allocation to investment-grade USD-denominated debt. The reweighting of the remainder of the US bond market pumps up GBFs exposure to Treasurys and corporate debt, which together make up over 80% of GBFs assets. The fund delivers near-perfect exposure to the broader market in terms of portfolio weighting, yield, credit rating, and duration. GBF excludes certain special issues such as targeted investor notes, state and local government series bonds and coupon issues that have been stripped from bonds. The underlying index is reconstituted monthly. GBF uses a representative sampling index strategy which purchases a subset of securities that matches the return and risk characteristics of the Underlying Index.

What is the expense ratio of AGGM?

iShares 1-10 Year U.S. Aggregate Bond ETF (AGGM) charges an expense ratio of 0.03%. This is the annual fee deducted from fund assets to cover management and operations.

What is AGGM's dividend yield?

AGGM's trailing-twelve-month yield is 3.91%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of AGGM?

Effective duration measures AGGM's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. AGGM's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of AGGM?

AGGM's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of AGGM?

Yield to maturity (YTM) is the total return you'd earn from AGGM if every bond in the portfolio is held to maturity at the current price. AGGM's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.