Displays share price activity. Volume = number of shares traded, Turnover = value of shares traded, VWAP = volume-weighted average price for the day, sourced from Morningstar.
Last (Price)
101.19
Change
▼ -0.24 (-0.24)
Bid / Ask
101.15 - 101.18
Volume
13,114
Turnover
1,326,836
Open
101.19
Day Range
101.06 - 101.22
VWAP
101.18
Prev Close
101.43
Last Trade
11/11 12:16pm
Fund profile
Displays who issues the fund, how it is structured and invests, its Morningstar category and benchmark, size, headline costs and dates, sourced from Morningstar. Fund size counts every class of the fund; ETF net assets is this listing alone.
The Fund seeks to achieve its objective by tracking the performance of the Bloomberg AusBond Composite 0+ Yr IndexSM.
Asset allocation · 30 SEP 2026
Displays how the fund is split between shares, bonds, cash and other assets, sourced from Morningstar.
US equity 0.00%Non-US equity 0.00%
Asset class
Net %
Long %
Short %
Equity
0.00
0.00
—
Bond
99.08
99.08
—
Cash
0.92
0.92
—
Other
0.00
0.00
—
Portfolio statistics · 5 NOV 2026
Displays the valuation, yield, size, concentration and quality of the fund's shareholdings taken together (trailing twelve months), sourced from Morningstar.
Assets in top 10
22.24%
Top holdings · top 10 = 22.34% of assets
Displays the fund's ten largest holdings and their weight in the portfolio, sourced from Morningstar.
Holding
% Weight
First bought
Market value
Currency
Units held
Sector
Country
Australia (Commonwealth of) 2.75%
2.50
—
93.1M
AUD
97.6M
—
Australia
Australia (Commonwealth of) 3.25%
2.40
—
89.7M
AUD
93.0M
—
Australia
Australia (Commonwealth of) 2.75%
2.37
—
88.6M
AUD
91.2M
—
Australia
Australia (Commonwealth of) 2.5%
2.35
—
87.6M
AUD
93.5M
—
Australia
Australia (Commonwealth of) 1.5%
2.27
—
84.9M
AUD
97.7M
—
Australia
Australia (Commonwealth of) 1%
2.21
—
82.4M
AUD
95.6M
—
Australia
Australia (Commonwealth of) 1%
2.17
—
80.9M
AUD
97.0M
—
Australia
Australia (Commonwealth of) 1.25%
2.11
—
78.6M
AUD
94.6M
—
Australia
Australia (Commonwealth of) 2.25%
2.00
—
74.6M
AUD
76.9M
—
Australia
Australia (Commonwealth of) 4.75%
1.96
—
73.3M
AUD
73.2M
—
Australia
Trailing returns · 31 OCT 2026
Displays total returns after fees at net asset value, the return at the ASX market price, the return before fees, and where the fund ranks among funds in its Morningstar category, sourced from Morningstar.
Fund (NAV)Market price
1M
2.3
3M
0.2
6M
0.0
YTD
7.4
1Y
7.8
3Y
8.3
5Y
-0.4
10Y
0.8
Period
Fund (NAV) %
Market price %
Before fees %
Rank in category
1 month
2.27
2.27
2.28
24 / 106
3 months
0.20
0.34
0.22
24 / 105
6 months
-0.03
0.07
0.02
38 / 104
Year to date
7.44
7.70
7.52
32 / 104
1 year
7.78
7.90
7.88
31 / 104
3 years p.a.
8.25
8.28
8.36
59 / 93
5 years p.a.
-0.43
-0.48
-0.32
50 / 80
10 years p.a.
0.84
0.85
0.99
48 / 61
Returns to 31 OCT 2026, periods of 3 years and longer annualised. Rank is the percentile in the Morningstar category at 30 SEP 2026 (1 = best) over the funds ranked.
Calendar year returns
Displays the total return after fees and the capital (price) return for each calendar year, with the fund's rank in its Morningstar category, sourced from Morningstar.
TotalCapital
2016
4.6
2017
1.9
2018
5.0
2019
5.9
2020
4.9
2021
-3.0
2022
-11.2
2023
8.1
2024
2.4
2025
4.0
Year
Total %
Capital %
Rank in category
2025
4.03
0.07
60 / 124
2024
2.36
0.06
62 / 117
2023
8.13
3.39
69 / 117
2022
-11.22
-11.30
27 / 111
2021
-2.97
-4.62
60 / 110
2020
4.90
2.31
63 / 107
2019
5.92
4.75
44 / 110
2018
5.00
2.01
26 / 106
2017
1.90
1.13
46 / 97
2016
4.64
0.24
40 / 103
2015
3.96
-1.21
21 / 92
Financial year returns
Displays the total return after fees for each financial year to 30 June, sourced from Morningstar.
FY17
0.1
FY18
2.9
FY19
9.4
FY20
4.0
FY21
-1.0
FY22
-10.6
FY23
1.1
FY24
3.6
FY25
6.8
FY26
1.4
Financial year
Total %
Financial year to date
-0.41
Year to 30 JUN 2026
1.45
Year to 30 JUN 2025
6.75
Year to 30 JUN 2024
3.57
Year to 30 JUN 2023
1.11
Year to 30 JUN 2022
-10.56
Year to 30 JUN 2021
-1.02
Year to 30 JUN 2020
4.03
Year to 30 JUN 2019
9.38
Year to 30 JUN 2018
2.89
Year to 30 JUN 2017
0.09
Risk statistics · 31 OCT 2026
Displays how the fund has moved relative to its category index: alpha (return beyond the index), beta (sensitivity to it), R-squared (how much the index explains), volatility and risk-adjusted returns, sourced from Morningstar.
1 year
3 years
5 years
10 years
Alpha
-0.11
-0.08
-0.08
-0.13
Beta
1.00
1.00
1.00
1.00
R-squared
99.98
99.99
99.98
99.98
Standard deviation
11.32
11.30
12.54
10.86
Sharpe ratio
-1.18
0.14
-0.45
-0.12
Sortino ratio
-1.35
0.12
-0.65
-0.19
Tracking error
0.04
0.04
0.07
0.06
Information ratio
-2.52
-2.21
-1.08
-2.13
Upside capture %
98.80
99.06
99.14
98.79
Downside capture %
100.94
100.50
100.21
100.91
Maximum drawdown %
-1.84
-1.96
-11.51
-13.14
Measured against Bloomberg AusBond Composite 0+Y TR AUD with RBA Bank accepted Bills 90 Days as the risk-free rate, to 31 OCT 2026. Maximum drawdown is on gross returns at the latest quarter end.
Portfolio risk score
Displays Morningstar's Portfolio Risk Score for the fund's holdings, how closely the ETF tracks its index day to day, the estimated cost of holding it against the index, the cost of trading it at market size, and its best and worst quarters since inception, sourced from Morningstar.
Risk score
18.1
Cash 0
Global shares 100
Morningstar Portfolio Risk Score at 30 SEP 2026.
Tracking volatility
0.021
Est. holding cost %
0.090
Market impact cost %
0.011
Fees and costs
Displays the fund's ongoing costs as a percentage of assets per year: the PDS management fees and costs, performance fee and transaction costs that make up the total cost ratio (the RG 97 forward estimate, and what was charged last financial year), and the buy / sell spread, sourced from Morningstar.
Management fees and costs
0.10% p.a.
Performance fee costs
0.00% p.a.
Total cost ratio
0.10% p.a.
Total cost ratio (last FY)
0.10% p.a.
Buy / sell spread
0.06% / 0.04%
Performance fee
Not Disclosed
PDS dated
24 SEP 2026
Distributions
Displays the most recent distribution paid per unit and its key dates, sourced from Morningstar.
Latest distribution
0.8898
Ex Date
8 OCT 2026
Record Date
9 OCT 2026
Pay Date
20 OCT 2026
NAV at ex date
99.27
Paid this year
3.2228
Distributions by year
Displays the total distributions paid per unit in each calendar year, sourced from Morningstar.
2024
3.0
2023
2.8
2022
1.5
2021
1.7
2020
1.8
2019
2.3
2018
2.5
2017
2.5
2016
2.4
2015
2.6
Year
Per unit ($)
2024
3.0422
2023
2.8251
2022
1.5370
2021
1.6970
2020
1.8036
2019
2.2783
2018
2.5109
2017
2.4768
2016
2.4464
2015
2.6054
Distribution history
Displays the most recent distributions by ex date, sourced from Morningstar.
Ex Date
Per unit ($)
8 OCT 2026
0.8898
1 JUL 2026
0.7578
9 APR 2026
0.8061
7 JAN 2026
0.7692
10 OCT 2025
0.8584
1 JUL 2025
0.7186
7 APR 2025
0.7401
7 JAN 2025
0.7251
10 OCT 2024
0.8019
1 JUL 2024
0.6498
9 APR 2024
0.7154
8 JAN 2024
0.6580
Sustainability rating · 31 AUG 2026
Displays the Morningstar Sustainability Rating (1 to 5 globes, more is better) and the portfolio ESG risk score behind it (lower is less risk), against the average of the fund's global category, sourced from Morningstar and Sustainalytics.
ESG risk score
15.58
NegligibleLowMediumHighSevere
Rank in category
17th percentile
Environmental risk
2.77
Social risk
5.53
Governance risk
3.86
Portfolio covered
85.3%
ESG risk of holdings
Displays the share of the covered portfolio held in companies with negligible, low, medium, high and severe ESG risk, sourced from Morningstar and Sustainalytics.
Negligible
27.31%
Low
47.06%
Medium
20.68%
High
4.95%
Severe
0.00%
0.58% of assets are in companies with high or severe controversies.
Carbon · 31 AUG 2026
Displays the portfolio carbon risk score (lower is less exposure to the transition to a low-carbon economy), the share of the portfolio in companies with fossil fuel revenue, and whether the fund earns Morningstar's Low Carbon Designation, sourced from Morningstar and Sustainalytics.
Carbon risk score
8.74
LowMediumHighSevere
Category average 8.79
Carbon risk
Low Risk
Fossil fuel involvement
6.66%
Category average
6.99%
Portfolio covered
55.0%
Fund managers
Displays the people Morningstar lists as managers of the fund, sourced from Morningstar.
CVCraig Vardy
PPPavel Pospisil
Tenure
Displays how long the managers have run the fund: the average and longest tenure, who has served longest, the latest appointment and how many other funds the team manages, sourced from Morningstar.
Number of managers
2
Average tenure
14.7 years
Longest tenure
14.7 years
Longest serving
Craig Vardy, Pavel Pospisil · since 12 MAR 2012
Most recent appointment
Craig Vardy, Pavel Pospisil · since 12 MAR 2012
Managed since
12 MAR 2012
Other funds managed
26
Displays all company announcements released by the company to the exchange, sourced from Morningstar.
Australian bond yields made fresh 3-week lows following yesterday’s CPI release, despite the ongoing geopolitical uncertainty around Iran. The inflation read should be soft enough to allow the RBA to sit on its hands for at least a few meetings to evaluate exactly how weak the Australian property market has become, and of course whether inflation really is under control. The 3s remain above the current cash rate, but if/when they start trading down towards 4.25%, it will be confirmation that bond traders agree with MM that the next RBA move could well be a cut.
Inflation fears ticked briefly higher last week as crude oil spiked, but it didn’t last long and bonds continued with their recent recovery (yields lower) into Friday. We believe bond markets “want to go higher” which will provide a tailwind for stocks but the Middle East and oil price may make it a rocky journey.
The iShares Core Composite Bond ETF (ASX: IAF) is a simple, low-cost way for ASX investors to express a falling interest-rate view. It is unlikely to shoot the lights out in a bull market, but in a diversified portfolio, it serves two important roles: generating relatively stable income and providing defensive diversification when equity markets come under pressure. Over the past 12-months the ETF has yielded 3.1% - solid but not exciting.
The IAF ETF is a ~$3.6bn low-cost ASX bond ETF that invests in a diversified portfolio of Australian government, semi-government and investment-grade corporate bonds with ~90% of the portfolio in fixed rate debt - offering investors steady income and portfolio diversification. The ETF pays quarterly distributions and tends to dampen portfolio volatility relative to equities, with a current yield of around ~3.1%, though again, this moves with bond prices and underlying interest rates.
Local bond markets are likely to open under pressure this morning with oil market chaos likely to deepen as the upheaval, now in its ninth day, shows no sign of imminent resolution. Futures markets are pricing in two rate hikes by the RBA this year with inflation fears increasing almost by the day, a quick resolution to the conflict is required otherwise mortgage holders are likely to be in for a tough time.
This ETF aims to provide investors with the performance of the Bloomberg AusBond Composite Bond Index. The index is designed to measure the performance of the Australian bond market and includes investment-grade fixed-income securities issued by the Australian Treasury, Australian semi-government entities, supranational and sovereign entities and corporate entities.
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