# iShares U.S. Treasury Bond ETF (GOVT): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/govt for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: IShares · Asset class: Fixed Income - Strategy: Passive Index · Inception: 2012-02-14 iShares Trust - iShares U.S. Treasury 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 primarily invests in U.S. dollar denominated, fixed-rate and non-convertible U.S. Treasury securities that have a remaining maturity greater than one year and less than or equal to thirty years. It seeks to replicate the performance the ICE BofA US Broad Market Index and the ICE U.S. Treasury Core Bond Index, by using representative sampling technique. iShares Trust - iShares U.... ## Key Facts | Metric | Value | |---|---| | Price | $22.16 | | Expense Ratio | 0.05% | | Assets Under Management | $42.80B | | NAV | $22.21 | | Holdings Count | 229 | | Distribution Yield (TTM) | 3.76% | | Annual Distribution (TTM) | $0.83 /share | | Distribution Frequency | Monthly | | 52-Week Range | $21.73 – $23.39 | | Beta | 0.88 | ## Latest Distribution - Amount: $0.0706 /share - Ex-date: 2026-10-01 - Pay date: 2026-10-06 ## Frequently Asked Questions ### What does GOVT invest in? iShares Trust - iShares U.S. Treasury 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 primarily invests in U.S. dollar denominated, fixed-rate and non-convertible U.S. Treasury securities that have a remaining maturity greater than one year and less than or equal to thirty years. It seeks to replicate the performance the ICE BofA US Broad Market Index and the ICE U.S. Treasury Core Bond Index, by using representative sampling technique. iShares Trust - iShares U.S. Treasury Bond ETF was formed on February 14, 2012 and is domiciled in the United States. ### What is the expense ratio of GOVT? iShares U.S. Treasury Bond ETF (GOVT) charges an expense ratio of 0.05%. This is the annual fee deducted from fund assets to cover management and operations. ### What is GOVT's dividend yield? GOVT's trailing-twelve-month yield is 3.76%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of GOVT? Effective duration measures GOVT's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. GOVT's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of GOVT? GOVT'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 GOVT? Yield to maturity (YTM) is the total return you'd earn from GOVT if every bond in the portfolio is held to maturity at the current price. GOVT'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. ### Does GOVT pay a dividend? Yes, iShares U.S. Treasury Bond ETF (GOVT) distributes dividends to shareholders. The trailing-twelve-month yield is 3.76%. Full dividend history is on this page. ### How often does GOVT pay dividends? iShares U.S. Treasury Bond ETF pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is GOVT's next ex-dividend date? The most recently announced ex-dividend date for GOVT was 2026-10-01. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will GOVT's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.05% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does GOVT charge its expense ratio? The expense ratio is deducted in tiny daily slices from GOVT's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does GOVT cost more than a fund like VOO? GOVT is a passive index fund (current expense ratio 0.05%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to GOVT? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as GOVT (0.05%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/govt - Distribution history: https://www.dividenddata.com/funds/govt/dividend - Holdings & diversification: https://www.dividenddata.com/funds/govt/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/govt/expenses - Peer comparison: https://www.dividenddata.com/funds/govt/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.