• ICOR tracks the Bloomberg AusBond Credit 0+ Yr Index using stratified sampling.
  • The portfolio is 98.14% bonds across 469 holdings.
  • Australia represents 53.41% of reported exposure.
  • The management fee is 0.15% and distributions are quarterly.

The iShares Core Corporate Bond ETF (ASX:ICOR) tracks the Bloomberg AusBond Credit 0+ Yr Index and provides exposure to Australian dollar credit. It sits in the Diversified Credit category and has been listed since 29 May 2020. The fund holds 469 securities and has a management fee of 0.15%. The table below sets out its main details.

Fund name

iShares Core Corporate Bond ETF

ASX code

ICOR

Category

Diversified Credit

Benchmark

Bloomberg AusBond Credit 0+Y TR AUD

Management fee

0.15%

Last price (23 October 2026 session)

$93.15

Admitted to ASX

29 May 2020

What exposure does ICOR offer?

ICOR seeks to track its index using stratified sampling, which involves choosing a subset of index-eligible securities to create a portfolio that behaves like the index, taking into account liquidity, transaction costs and overall risk. The portfolio is 98.14% bonds and 1.86% cash. Australian issuers represent 53.41% of reported exposure, followed by Canada at 10.49%, with positions in the United States, the Netherlands, the United Kingdom, Germany and other regions.

The Diversified Credit category covers funds that invest in Australian and global credit securities with a focus on credit selection. Funds in the category can hold sub-investment grade and unrated issues, although the average credit quality is typically BBB or above.

Portfolio composition

The fund's reported asset allocation comprises bonds 98.14% and cash 1.86%. By region, the largest weightings are Australia (53.41%), Canada (10.49%), the United States (5.49%), the Netherlands (4.87%) and the United Kingdom (4.30%). The fund reports 469 holdings, and the ten largest account for 8.15% of the portfolio. The leading positions include CPPIB Capital Inc 4.75% (1.34%), CPPIB Capital Inc 4.6% (1.20%) and CPPIB Capital Inc 3.9% (0.81%).

Fees, price and distributions

The management fee is 0.15%. The last quoted price was $93.15 during the 23 October 2026 session. The latest distribution was $1.202 per unit, with an ex-date of 8 October 2026, a record date of 2 October 2026 and a payment date of 20 October 2026. An annual yield of 4.62% is shown for the fund. Distributions are made quarterly.

Who ICOR may suit

The fund may be of interest to investors who want broad corporate credit exposure through an index-based product. Holdings are spread widely, with the ten largest accounting for only 8.15% of the portfolio. The latest distribution was $1.202 per unit with an annual yield of 4.62% shown, and distributions are quarterly.

Closing perspective

ICOR provides diversified corporate credit exposure through a sampling approach, with 469 holdings and a 0.15% fee. The summary above covers its composition and distribution schedule, and further disclosures are available through the fund announcements.