iShares Global Government Bond USD Hedged Active ETF
GGOV
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 400 Howard Street San Francisco CA United States of America 94105
- IPO Date
- Jun 26, 2025
- CIK
- 0001804196
- Website
- ishares.com
- Similar Companies
- Business
- iShares Global Government Bond USD Hedged Active ETF (GGOV) is an actively managed exchange-traded fund that seeks total return in excess of the Bloomberg Global Treasury USD Hedged Index through investment in a diversified portfolio of global government bonds and related derivatives, with currency exposure hedged to U.S. dollars. The fund invests primarily in sovereign bonds from approximately 40 countries, including major issuers such as United States Treasury (approximately 34% weight), Japan Government (15%), China Peoples Republic of Government (7%), France Republic (6%), and Italy Republic (5%), as well as United Kingdom conventional gilts, Spain, Canada, Korea, and Germany; it employs active management to navigate opportunities across developed and emerging markets while mitigating risks from inflation, deficits, and rising issuance. GGOV distributes annually, has a net expense ratio of 0.39%, and trades on the NYSE Arca exchange under the ticker GGOV with CUSIP 092528835. Launched on June 25, 2025, by BlackRock under its iShares brand, the ETF is headquartered in New York and managed by a team including lead portfolio manager Tom Becker, alongside Simon Wan, Richard Murrall, Dan Felder, and Vish Acharya; it joins BlackRock's over $52 billion U.S. active ETF platform and $1 trillion global bond ETF franchise. As the industry's first USD-hedged active government bond ETF, GGOV represents a major strategic expansion for BlackRock into globally diversified fixed-income active strategies, targeting U.S. asset allocators seeking higher yields and lower volatility compared to U.S.-only bond indices amid elevated economic uncertainties. No subsequent acquisitions, partnerships, funding rounds, or operational reorganizations have been reported for the fund since its inception.