GGOV

iShares Global Government Bond USD Hedged Active ETF

$50.36

+0.00%

Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The iShares Global Government Bond USD Hedged Active ETF (GGOV) seeks to provide exposure to a diversified portfolio of government bonds from developed and emerging market countries, with the goal of generating income and potentially capital appreciation over the long term.

Overview

ETF tracking iShares Global Government Bond USD Hedged Active ETF

Category International

Issuer BlackRock

Inception Date 2025-06-26

Market Cap $42.3M

Average Volume N/A

Dividend Yield N/A

52-Week Range $49.94 - $50.74

VWAP $50.43

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

GGOV is an actively managed fund that invests in a broad range of government bonds denominated in various currencies. The fund's portfolio is actively managed, with the goal of outperforming the Bloomberg Global Aggregate Government Bond Index. The fund's currency exposure is hedged back to the U.S. dollar to mitigate the impact of foreign exchange rate fluctuations.

✨ Key Features

Actively managed global government bond portfolio
Exposure to both developed and emerging market government bonds
Currency exposure is hedged back to the U.S. dollar
Potential for income generation and capital appreciation

⚠️ Primary Risks

Interest rate risk: The value of the fund's holdings may decline as interest rates rise
Credit risk: The fund is exposed to the risk of default or downgrade of the government bonds it holds
Emerging market risk: Investing in emerging market bonds may be subject to greater volatility and liquidity risks
Currency risk: Even with the currency hedging, there may be residual currency exposure that could impact returns

👤 Best For

GGOV may be suitable for investors seeking exposure to a diversified portfolio of global government bonds, with the potential for income generation and capital appreciation. Investors should have a medium to long-term investment horizon and be comfortable with the risks associated with investing in government bonds, including interest rate, credit, and currency risks.