Key Highlights

  • GGOV (ASX:GGOV) holds 40 US Treasury bonds with maturities of 20 years and longer, hedged to AUD.
  • Fund size is $82.20 million, with 6,688,689 units on issue.
  • The annual yield is 4.03%, and management fees are 0.22%.
  • Bonds make up 100% of the fund, all issued by the US Treasury.

Betashares US Treasury Bond 20+ Yr Ccy Hedged ETF (ASX:GGOV) traded at $12.35 during the trading session on 30 October 2026, up 0.48%, with 12,154 units changing hands. GGOV gives investors long-dated US government bond exposure, with the currency hedged into Australian dollars. Its long maturities make it more sensitive to changes in interest rates than shorter-dated bond funds, and the fund was admitted to the ASX on 11 May 2020.

Fund Details

Fund size is $82.20 million, with 6,688,689 units on issue. The ISIN is AU0000078651 and management fees and costs are 0.22% a year. The fund is benchmarked to the S&P US Treasury 20+ Yr Hgd TR AUD index and sits in the Bonds - Global category.

The day's range was $12.34 to $12.42, and average daily volume is about 200,278 units.

Bond Holdings

The portfolio holds 40 US Treasury bond issues. The largest positions are a 5% bond at 4.21%, a 4.75% bond at 4.05% and a further 4.75% issue at 3.99%, followed by several 4.625% and 4.75% issues. Because the holdings are spread across many maturities, the top ten make up 39.55% of the fund.

Exposure is 100% United States and fixed-interest, with no equity component.

Income Profile

The annual yield is 4.03%. The most recent interim distribution was $0.149, with an ex-date of 1 October 2026, a record date of 2 October 2026 and a payment date of 16 October 2026.

Session Trading

GGOV traded between $12.34 and $12.42 during the session, with 12,154 units changing hands. The bid-offer range was $12.34 to $12.36.

How the Portfolio Is Built

The fund aims to track the index by holding the bonds in proportion to their index weights, using a full replication approach. Because the index covers long maturities, the portfolio's value responds closely to changes in long-term US rates, and the currency hedge removes the US dollar element from the Australian dollar return.

What the Exposure Means

GGOV gives Australian investors a hedged route into long-dated US Treasuries, with a stated annual yield of 4.03% and a portfolio of 40 issues. Its exposure is to the longer end of the US government curve, which behaves differently from the short-dated funds in this group.