• ALTB tracks the Bloomberg AusBond Govt 15+ Yr Index.
  • The portfolio is 99.99% bonds across 18 holdings, all in Australia.
  • The ten largest holdings account for 95.41% of the fund.
  • The management fee is 0.15% and fund size is $317.65 million.

The iShares 15+ Year Australian Government Bond ETF (ASX:ALTB) tracks an index of Australian government bonds with terms of more than 15 years. It is classified in the Bonds - Australia category and has been listed since 13 June 2024. The fund reports a size of $317.65 million and holds 18 securities. The table below sets out its main details.

Fund name

iShares 15+ Year Australian Government Bond ETF

ASX code

ALTB

Category

Bonds - Australia

Benchmark

Bloomberg AusBond Govt 15+Y TR AUD

Management fee

0.15%

Fund size

$317.65 million

Last price (23 October 2026 session)

$92.28

Admitted to ASX

13 June 2024

What exposure does ALTB offer?

ALTB seeks to track the performance of the Bloomberg AusBond Govt 15+ Yr Index. The portfolio is made up almost entirely of long-dated Australian Commonwealth government bonds, with smaller positions in semi-government issuers such as the Treasury Corporation of Victoria and Queensland Treasury Corporation. All reported exposure is in Australia.

The Bonds - Australia category covers funds that invest in traditional Australian fixed interest securities, including government and corporate debt, with terms to maturity generally greater than one year and an average credit quality typically of A or above.

Portfolio composition

Reported asset allocation is bonds 99.99% and cash 0.01%. Australia accounts for 100.00% of reported geographic exposure. The fund reports 18 holdings, and the ten largest account for 95.41% of the portfolio. The leading positions include Australian Commonwealth Government loans (XCLWBO) (27.63%), Australia (Commonwealth of) 1.75% (24.60%) and Australia (Commonwealth of) 3% (23.84%).

Fees, price and distributions

The management fee is 0.15%. Fund size is $317.65 million, with 3,489,550 units outstanding. The last quoted price was $92.28 during the 23 October 2026 session. The latest distribution was $0.729 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 3.37% is shown for the fund. Distributions are made quarterly.

Who ALTB may suit

The fund may be of interest to investors who want long-dated Australian government bond exposure through a passive index product. The portfolio is concentrated, with the ten largest holdings making up 95.41% of the fund, and its reported standard deviation is 6.93. The latest distribution was $0.729 per unit with an annual yield of 3.37% shown, and the management fee is 0.15%.

Closing perspective

ALTB concentrates on bonds with more than 15 years to maturity, with a $317.65 million fund size and quarterly distributions. The summary above covers its structure, holdings and fee, and further notices are available through the ASX announcements.