iShares Government/Credit Bond ETF

Frequently Asked Questions About GBF

What does GBF invest in?

iShares Trust - iShares Government/Credit Bond ETF is an exchange traded fund launched by BlackRock, Inc. The fund is managed by BlackRock Fund Advisors. It invests in fixed income markets of the United States. The fund invests in U.S. dollar-denominated, fixed-rate U.S. treasury bonds, government-related bonds, and investment-grade U.S. corporate bonds with maturity of greater than or equal to one year. It seeks to track the performance of the Bloomberg U.S. Government/Credit Bond Index, by using representative sampling technique. iShares Trust - iShares Government/Credit Bond ETF was formed on January 5, 2007 and is domiciled in the United States.

What is the expense ratio of GBF?

iShares Government/Credit Bond ETF (GBF) charges an expense ratio of 0.20%. This is the annual fee deducted from fund assets to cover management and operations.

What is GBF's dividend yield?

GBF's trailing-twelve-month yield is 3.89%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of GBF?

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

What is the credit quality of GBF?

GBF'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 GBF?

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