• IAF tracks the Bloomberg AusBond Composite 0+ Yr Index.
  • The portfolio is 99.01% bonds across around 750 holdings.
  • Australia represents 86.99% of reported exposure.
  • The management fee is 0.10% and fund size is $3.72 billion.

The iShares Core Composite Bond ETF (ASX:IAF) tracks the Bloomberg AusBond Composite 0+ Yr Index and is one of the longer-established bond ETFs on the ASX, having been admitted on 14 March 2012. It sits in the Bonds - Australia category and reports a size of $3.72 billion. The portfolio holds around 750 securities. The table below summarises the key details.

Fund name

iShares Core Composite Bond ETF

ASX code

IAF

Category

Bonds - Australia

Benchmark

Bloomberg AusBond Composite 0+Y TR AUD

Management fee

0.10%

Fund size

$3.72 billion

Last price (23 October 2026 session)

$100.21

Admitted to ASX

14 March 2012

What exposure does IAF offer?

IAF seeks to track the performance of the Bloomberg AusBond Composite 0+ Yr Index, which covers the Australian fixed interest market across government, semi-government and corporate issuers. The portfolio is 99.01% bonds and 0.99% cash, with Australian issuers at 86.99% and supranational issuers at 4.18%. The largest positions are Commonwealth government bonds, each at roughly 2% to 2.5% of the fund.

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 99.01% and cash 0.99%. By region, the largest weightings are Australia (86.99%), Supranational (4.18%), Germany (2.08%), Canada (1.81%) and the United States (1.15%). The fund reports 750 holdings, and the ten largest account for 22.67% of the portfolio. The leading positions include Australia (Commonwealth of) 2.75% (2.51%), Australia (Commonwealth of) 2.75% (second series) (2.48%) and Australia (Commonwealth of) 3.25% (2.43%).

Fees, price and distributions

The management fee is 0.10%. Fund size is $3.72 billion, with 37,167,003 units outstanding. The last quoted price was $100.21 during the 23 October 2026 session. The latest distribution was $0.889 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 3.22% is shown for the fund. Distributions are made quarterly.

Who IAF may suit

The fund may be of interest to investors who want a diversified, low-fee, index-tracking exposure to Australian bonds in a single holding. Portfolio turnover is reported at 13.00%, and the ten largest positions account for 22.67% of the fund. The latest distribution was $0.889 per unit with an annual yield of 3.22% shown, and the management fee is 0.10%.

Final perspective

IAF provides broad Australian bond market exposure at a 0.10% fee, with a $3.72 billion fund size and quarterly distributions. The details above summarise its structure and composition, and further disclosures appear in the fund announcements.