Key Highlights

  • The fund tracks the Bloomberg AusBond Government Inflation 0+ Yr Index and holds 12 securities.
  • Commonwealth of Australia bonds and loans make up most of the portfolio, with Australia at 100%.
  • The management fee is 0.18% and the fund size is $1.58 billion.
  • The October 2026 distribution of $0.469 is lower than the $0.526 paid in October 2025.

iShares Government Inflation ETF (ASX:ILB) seeks to achieve its objective by tracking the performance of the Bloomberg AusBond Government Inflation 0+ Yr Index. The fund was admitted to the ASX on 14 March 2012 and last traded at $125.02 on 13 October 2026. It reports a fund size of $1.58 billion and sits in the Bonds - Inflation-linked category.

Detail

Information

Ticker

ASX:ILB

Fund

iShares Government Inflation ETF

Category

Bonds - Inflation-linked

Benchmark

Bloomberg AusBond Govt Infl 0+Y TR AUD

Fund size

$1.58 billion

Management fee

0.18%

Total holdings

12

ASX admission date

14 March 2012

Portfolio composition

Bonds account for 99.95% of the fund and cash for 0.05%. The ten largest positions represent 99.93%. Commonwealth of Australia bonds with coupons of 2.5% (23.82%), 2% (19.40%), 0.75% (18.13%), 1.25% (12.41%) and 1% (6.91%) dominate, and Australian Commonwealth Government Loans account for 14.53%.

State issuers are smaller: New South Wales Treasury Corporation holds 3.25%, Queensland Treasury Corporation 1.16% and two Australian Capital Territory securities 0.16% and 0.10%.

Country exposure and turnover

Australia represents 100% of the portfolio, compared with 92.70% for the category. Reported turnover is 21.00%.

Because the fund holds government and semi-government securities, it carries no equity or corporate sector weightings.

Fee, risk and distributions

The management fee is 0.18% a year. The fund reports a beta of 1.31 and a standard deviation of 2.78. The interim distribution of $0.469 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 1.61%.

That is lower than the $0.696 paid in July and $0.526 in October 2025, but higher than the $0.433 paid in April and $0.425 in January.

Category classification and liquidity

Morningstar places the fund in the Bonds - Inflation-linked category, which covers funds investing primarily in fixed interest securities indexed to inflation, most commonly CPI, issued by governments and corporations with maturities generally longer than one year.

Liquidity indicators add a further view. There are 12,634,487 units on issue, and average daily trading volume is 21,301 units. Over the five sessions from 7 to 13 October 2026, daily volume ranged from 8,000 to 22,500 units, with 21,557 recorded on 13 October while the market was still open. The bid-offer range stood at $125.01 to $125.13, and the day range at $124.91 to $125.18. 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

ILB concentrates on a dozen Australian government and semi-government inflation-linked securities, with three Commonwealth bonds making up over 60% of assets. The 0.18% fee and uneven quarterly distributions are part of its profile. These facts describe the structure and offer no forecast.