iShares Agency Bond ETF

Frequently Asked Questions About AGZ

What does AGZ invest in?

The iShares Agency Bond ETF (AGZ) is designed to mirror the financial performance of an underlying index. This index comprises debt obligations issued by various U.S. federal government agencies. Additionally, it includes corporate and non-U.S. bonds that carry the explicit guarantee of the U.S. government.

What is the expense ratio of AGZ?

iShares Agency Bond ETF (AGZ) charges an expense ratio of 0.15%. This is the annual fee deducted from fund assets to cover management and operations.

What is AGZ's dividend yield?

AGZ's trailing-twelve-month yield is 3.69%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of AGZ?

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

What is the credit quality of AGZ?

AGZ'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 AGZ?

Yield to maturity (YTM) is the total return you'd earn from AGZ if every bond in the portfolio is held to maturity at the current price. AGZ'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.