iShares Agency Bond ETF
AGZ
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 50 Hudson Yards New York NY United States of America 10001
- IPO Date
- Nov 11, 2008
- CIK
- 0001100663
- Website
- ishares.com
- Similar Companies
- Business
- iShares Agency Bond ETF (AGZ) is an exchange-traded fund that seeks to track the investment results of the Bloomberg U.S. Agency Bond Index, composed of investment-grade, U.S. dollar-denominated, fixed-rate agency debt securities publicly issued by U.S. government agencies such as the Federal National Mortgage Association (Fannie Mae), Federal Home Loan Mortgage Corporation (Freddie Mac), and Federal Home Loan Banks (FHLB); Federal Farm Credit Banks Funding Corporation; Tennessee Valley Authority; and certain corporate and non-U.S. debt guaranteed by the U.S. government, including issues from the Private Export Funding Corporation, Resolution Funding Corporation, and select sovereign entities like the State of Israel. The ETF offers investors exposure to intermediate-term agency bonds with an effective duration typically around 3-4 years, a yield to maturity of approximately 3-4%, and a low expense ratio of 0.20%, managed by BlackRock Fund Advisors as part of the iShares family. Top holdings include Federal Home Loan Banks (approximately 25%), Federal National Mortgage Association (25%), and Federal Farm Credit Banks Funding Corporation (18%), with securities focused on the U.S. fixed-income market for institutional and retail investors seeking high-quality, government-backed debt. Launched in 2008 and listed on NYSE Arca, the ETF is domiciled in the United States with primary operations through BlackRock's global platform headquartered in New York. It targets fixed-income investors, including pension funds, financial advisors, and individuals pursuing low-credit-risk bond strategies amid interest rate fluctuations. The fund maintains a non-ESG focus, emphasizing traditional agency bond performance without sustainable investment mandates. In recent years, AGZ has reflected broader fixed-income market dynamics with no major structural changes, funding rounds, or acquisitions reported for the ETF itself as of late 2025; however, BlackRock has continued portfolio optimizations in response to interest rate shifts, including yield adjustments following Federal Reserve policy actions in 2024. Ongoing SEC filings, including the June 2024 prospectus update and annual reports through February 2025, confirm stable operations with periodic rebalancing to track the benchmark amid GSE debt issuance trends. The ETF benefits from BlackRock's scale, supporting liquidity and access via brokerage platforms without noted strategic alliances or product launches specific to AGZ in 2024-2025.