Highlights

  • AGZ seeks exposure to US agency bonds issued by government-sponsored entities.
  • The fund reports NAV of USD 107.12 as of 2 November 2026.
  • AGZ lists an expense ratio of 0.15% and distributes monthly.

iShares Agency Bond ETF (NYSE Arca:AGZ) seeks to track US agency bonds issued by government-sponsored entities. Its NAV stood at USD 107.12 as of 2 November 2026. Net Assets totalled USD 648,088,139 as of 2 November 2026.

Agency Issuers and Bond Structures Shape Exposure

AGZ tracks the Bloomberg U.S. Agency Bond Index. The benchmark covers eligible US dollar investment-grade agency debt, including callable and non-callable securities. It draws on the agency sector of the government bond market. That remit makes issuer structure and the terms of individual obligations important parts of the portfolio’s composition.

The fund uses representative sampling, selecting investments intended to resemble the benchmark’s overall characteristics. It may therefore hold a different collection of securities from the index while seeking a similar Investment profile.

Portfolio Composition and Exposure

AGZ reported 119 holdings as of 30 October 2026. Its allocation by Market Value included Owned No Guarantee at 49.14%, Government Sponsored at 47.94% and Government Guaranteed at 1.76% as of 30 October 2026.

The portfolio’s effective duration was 3.44 yrs as of 30 October 2026. Weighted average Maturity was 4.44 yrs as of 30 October 2026.

Duration measures sensitivity to Interest Rate changes. Maturity describes the timing of principal repayments, while cash-flow patterns and embedded Options can make the two measures differ. These characteristics describe the bond portfolio rather than a fixed outcome for shareholders.

The fact sheet dated 30 September 2026 recorded Credit allocations including AA Rated at 98.95%. These classifications describe underlying securities at that date; ratings and portfolio credit quality can change.

Fees and Distribution Policy

The published expense ratio is 0.15%. Distributions are scheduled monthly.

The 30-day SEC Yield was 4.82% as of 30 October 2026. This standardised income measure reflects the fund’s recent income after expenses; it is separate from changes in the market value of its shares.

The prospectus notes that brokerage commissions and other intermediary charges may apply separately. Fund shares trade at market prices, which can differ from NAV, so the stated NAV does not establish the price of every exchange transaction.

Key Insights

Agency Debt can carry different forms of government support. Interest rate, call and prepayment risks can affect the portfolio, so agency exposure should not be equated with a fixed value for fund shares.