• ILB tracks the Bloomberg AusBond Government Inflation 0+ Yr Index.
  • The portfolio is 99.95% bonds across 12 holdings, all in Australia.
  • The management fee is 0.18% and fund size is $1.59 billion.
  • The latest distribution was $0.469 per unit.

The iShares Government Inflation ETF (ASX:ILB) tracks the Bloomberg AusBond Government Inflation 0+ Yr Index and provides exposure to inflation-linked Australian government bonds. It sits in the Bonds - Inflation-linked category and has been listed since 14 March 2012. The fund reports a size of $1.59 billion and holds 12 securities. The table below sets out its main details.

Fund name

iShares Government Inflation ETF

ASX code

ILB

Category

Bonds - Inflation-linked

Benchmark

Bloomberg AusBond Govt Infl 0+Y TR AUD

Management fee

0.18%

Fund size

$1.59 billion

Last price (23 October 2026 session)

$126.18

Admitted to ASX

14 March 2012

What exposure does ILB offer?

ILB seeks to track its index, which covers government fixed interest securities that are indexed to inflation. The portfolio is 99.95% bonds and 0.05% cash, with all reported exposure in Australia. Commonwealth government bonds make up most of the fund, with smaller positions in the New South Wales Treasury Corporation, Queensland Treasury Corporation and the Australian Capital Territory.

The Bonds - Inflation-linked category covers funds that invest mainly in fixed interest securities indexed to inflation, most commonly CPI, issued by governments and corporations with terms to maturity generally greater than one year.

Portfolio composition

Reported asset allocation is bonds 99.95% and cash 0.05%. Australia accounts for 100.00% of reported geographic exposure. The fund reports 12 holdings, and the ten largest account for 99.93% of the portfolio. The leading positions include Australia (Commonwealth of) 2.5% (23.82%), Australia (Commonwealth of) 2% (19.40%) and Australia (Commonwealth of) 0.75% (18.13%).

Fees, price and distributions

The management fee is 0.18%. Fund size is $1.59 billion, with 12,634,487 units outstanding. The last quoted price was $126.18 during the 23 October 2026 session. The latest distribution was $0.469 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 1.60% is shown for the fund. Distributions are made quarterly.

Who ILB may suit

The fund may be of interest to investors who want government bond exposure with returns linked to inflation, typically CPI. The portfolio is highly concentrated, with the ten largest holdings accounting for 99.93% of the fund. The latest distribution was $0.469 per unit with an annual yield of 1.60% shown, and the management fee is 0.18%.

Closing perspective

ILB offers inflation-linked government bond exposure with 12 holdings, a $1.59 billion fund size and quarterly distributions. The summary above covers its structure and fees, and further details are available through the fund announcements.