Key Highlights

  • The fund tracks the Bloomberg AusBond Composite 0+ Yr Index and holds 750 securities.
  • Bonds make up 99.01% of the portfolio, with 86.99% issued in Australia.
  • The management fee is 0.10% and the fund size is $3.70 billion.
  • The October 2026 distribution of $0.889 is higher than each of the last four quarterly amounts.

iShares Core Composite Bond ETF (ASX:IAF) seeks to achieve its objective by tracking the performance of the Bloomberg AusBond Composite 0+ Yr Index. The fund was admitted to the ASX on 14 March 2012 and last traded at $99.72 on 13 October 2026. It reports a fund size of $3.70 billion and sits in the Bonds - Australia category.

Detail

Information

Ticker

ASX:IAF

Fund

iShares Core Composite Bond ETF

Category

Bonds - Australia

Benchmark

Bloomberg AusBond Composite 0+Y TR AUD

Fund size

$3.70 billion

Management fee

0.10%

Total holdings

750

ASX admission date

14 March 2012

Portfolio composition

Bonds account for 99.01% of the fund and cash for 0.99%. The ten largest positions represent 22.67%, and most are Commonwealth of Australia bonds, with coupons ranging from 1% to 4.75%. The largest, at 2.51%, carries a 2.75% coupon, and a holding in Australian Commonwealth Government Loans accounts for 2.19%.

Reported turnover is 13.00%. Companies are not classified by sector, since the fund holds fixed interest securities.

Geographic mix

Australia represents 86.99% of the fund, above the 74.93% category figure. Supranational issuers account for 4.18%, Germany 2.08%, Canada 1.81% and the United States 1.15%. New Zealand holds 0.73%, France 0.60% and the Netherlands 0.57%.

The United States weighting is well below the 7.20% category figure.

Fee, risk and distribution

The management fee is 0.10% a year, and the fund reports a standard deviation of 3.07. The interim distribution of $0.889 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 3.23%.

That is higher than the $0.757 paid in July, $0.806 in April, $0.769 in January and $0.858 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 37,167,003 units on issue, and average daily trading volume is 47,873 units. Over the five sessions from 7 to 13 October 2026, daily volume ranged from 20,800 to 49,300 units, with 34,352 recorded on 13 October while the market was still open. The bid-offer range stood at $99.70 to $99.80, and the day range at $99.54 to $99.78. 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, monthly units-on-issue details on 7 October and an estimated distribution announcement on 6 October.

Closing Perspective

IAF is dominated by Australian government bonds and carries a 0.10% fee across 750 holdings. The October distribution of $0.889 exceeded each of the four preceding quarterly amounts. These facts describe the fund's structure and do not indicate future outcomes.