Key Highlights

  • The fund holds 18 Australian government and semi-government bonds, with the top ten at 95.41%.
  • Three Commonwealth securities account for 76.07% of the fund.
  • The management fee is 0.15% and the fund reports a beta of 2.19.
  • The October 2026 distribution of $0.729 is lower than the $1.042 paid in July.

iShares 15+ Year Australian Government Bond ETF (ASX:ALTB) seeks to achieve its objective by tracking the performance of the Bloomberg AusBond Government 15+ Yr Index. The fund was admitted to the ASX on 13 June 2024 and last traded at $90.18 on 13 October 2026. It reports a fund size of $313.36 million.

Detail

Information

Ticker

ASX:ALTB

Fund

iShares 15+ Year Australian Government Bond ETF

Category

Bonds - Australia

Benchmark

Bloomberg AusBond Govt 15+Y TR AUD

Fund size

$313.36 million

Management fee

0.15%

Total holdings

18

ASX admission date

13 June 2024

Concentration

The ten largest positions represent 95.41% of the fund. Australian Commonwealth Government Loans lead at 27.63%, followed by Commonwealth of Australia bonds with coupons of 1.75% (24.60%) and 3% (23.84%).

Treasury Corporation of Victoria securities hold 4.27%, 3.77%, 2.11%, 2.03% and 1.75%, and Queensland Treasury Corporation securities 3.37% and 1.99%.

Maturity focus and risk

Because the index covers bonds with maturities of 15 years or more, the fund carries long duration. It reports a beta of 2.19 and a standard deviation of 6.93, well above the readings for shorter-dated bond funds.

Bonds account for 99.99% of the fund and Australia for 100%, against 74.93% for the category. Cash is 0.01%, and the portfolio holds no corporate bonds.

Fee and distributions

The management fee is 0.15% a year. The interim distribution of $0.729 per unit had an ex-date of 8 October 2026, a record date of 9 October and payment on 20 October, equal to an annual yield of 3.42%.

That is higher than the $0.654 paid in April and $0.644 in January, but lower than the $1.042 paid in July and $0.786 in October 2025.

Category classification and liquidity

Morningstar places the fund in the Bonds - Australia category, which covers funds investing primarily in traditional Australian fixed interest securities, including government and corporate debt, generally with maturities longer than one year and an average credit quality typically of A- or above.

Liquidity indicators add a further view. There are 3,489,550 units on issue, and average daily trading volume is 19,666 units. Over the five sessions from 7 to 13 October 2026, daily volume ranged from 5,500 to 64,200 units, with 64,226 recorded on 13 October while the market was still open. The bid-offer range stood at $90.07 to $90.72, and the day range at $89.66 to $90.23. These figures change through the trading day and reflect market activity rather than the fund's holdings.

Recent announcements

The issuer published Components of Distributions on 12 October, distribution reinvestment plan prices and the final distribution announcement on 8 October, a revised estimated distribution announcement and monthly units-on-issue details on 7 October.

Final Takeaway

ALTB concentrates on long-dated government bonds, with three securities making up more than three-quarters of assets. The 0.15% fee is low, but the 2.19 beta reflects the fund's sensitivity to bond-market moves. These facts do not forecast outcomes.