AGZ

iShares Agency Bond ETF

$110.36
+0.00%
Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The iShares Agency Bond ETF (AGZ) seeks to track the investment results of an index composed of U.S. agency bonds.

Overview

ETF tracking iShares Agency Bond ETF

Issuer BlackRock
Inception Date 2008-11-07
Market Cap $607.0M
Average Volume N/A
Dividend Yield 3.15%
52-Week Range $107.46 - $110.96
VWAP $110.39

Performance

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Investment Summary

📎 Investment Objective

The iShares Agency Bond ETF (AGZ) seeks to track the investment results of an index composed of U.S. agency bonds.

🎯 Investment Strategy

The ETF invests in a portfolio of U.S. agency bonds that seeks to provide exposure to the overall U.S. agency bond market. The fund's holdings are designed to match the risk and return characteristics of the index it tracks.

✨ Key Features

  • Provides exposure to U.S. agency bonds, which are debt securities issued by government-sponsored enterprises like Fannie Mae and Freddie Mac
  • Seeks to track the investment results of the Bloomberg U.S. Agency Bond Index
  • Low expense ratio of 0.00%
  • Relatively low risk profile compared to other fixed income asset classes

⚠️ Primary Risks

  • Interest rate risk: The value of the fund's holdings may decline if interest rates rise
  • Credit risk: The risk that an issuer will default on its debt obligations
  • Liquidity risk: The risk that the fund may have difficulty selling its holdings at an optimal price
  • Tracking error risk: The fund may not perfectly track the performance of its underlying index

👤 Best For

The iShares Agency Bond ETF may be suitable for investors seeking exposure to high-quality, low-risk U.S. government-backed debt as part of a diversified fixed income portfolio. It may be particularly appealing to conservative investors with a low risk tolerance.