iShares ALTB ETF (ASX:ALTB)

iShares 15+ Year Australian Government Bond ETF

About the ALTB ETF

The Fund aims to provide investors with the performance of the Bloomberg Ausbond Govt 15+ Yr Index, before fees and expenses. The index is designed to measure the performance of bonds issued by the Australian Commonwealth Government and Australian Semi-Governments that have a remaining maturity of fifteen years or more.

ALTB ETF Performance Review

1
Year

3
Year

5
Year

Since
Inception

Running
Yield

3.80

Yield To
Maturity

4.83

Data Current To: 11/06/2024

ALTB ETF Investment Strategy

The iShares 15+ Year Australian Government Bond ETF (ASX: ALTB) provides targeted exposure to long-duration Australian government and semi-government bonds.

ALTB ETF Share Price

What does the ALTB ETF Invest In?

ALTB is a Government Bond ETF.

ALTB ETF Credit Quality

A detailed breakdown of the credit quality is expressed below.

ALTB Frequently Asked Questions

What index does the ALTB ETF aim to replicate?

The ALTB ETF aims to replicate the Bloomberg AusBond Govt 15+ Year Index.

How often does ALTB ETF pay distributions?

The distribution frequency of ALTB is Quarterly.

When did the ALTB ETF start?

The inception date of the ALTB ETF was 07/06/2024.

What are the net assets of the ALTB ETF?

ALTB has net assets of $2.97m (AUD) as of 11/06/2024.

What are the number of holdings in the ALTB ETF?

Total number of holdings in ALTB is 20 as of 11/06/2024.

What are the management fees for the ALTB ETF?

The annual management fees for the ALTB ETF are 0.15% p.a. Learn more about ETF fees in this article.

How can I invest in the ALTB ETF?

ALTB is an Exchange Traded Fund, and units may be bought or sold on the ASX like shares. Learn how to buy and sell ETFs in this article.

Does the ALTB ETF have a minimum investment amount?

No, there is no minimum to invest in the BlackRock ALTB ETF. Exchange Traded Funds in general do not have a minimum investment amount required by the issuer. However, if you choose to invest through a broker, they may choose to set their own minimum investment amount.

Are there any performance fees associated with the ALTB ETF?

No, ALTB has no performance fee. This is one of the advantages of Exchange Traded Funds, as they are traded like shares, you’ll generally only pay a commission to buy or sell units and an ongoing management fee.

About The Issuer Of The ALTB ETF: BlackRock

For more than 30 years, BlackRock has offered a range of solutions for institutions, financial professionals and individuals, to help them take control of their financial security.

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Luke Greensill
Luke is the Chief Technical Officer of Fixed Income News Australia. He is responsible for FINA's design and development, fund finder functionality, and is the producer of the Fixated podcast. Luke is Head of Marketing at communications, content and creative agency RGC Media & Mktng, MBA News Australia and Online MBA Australia.