AGRHiShares Interest Rate Hedged US Aggregate Bond ETF
AGRH Fund Description
AGRH tracks an index that holds iShares Core US Aggregate Bond ETF (AGG), which targets USD-denominated, investment grade bonds, while mitigating duration risk through swaps.
AGRH Factset Analytics Insight
AGRH follows an index that combines a long position in iShares Core US Aggregate Bond ETF (AGG) with an overlay of interest rate swaps. The fund includes a fixed number of AGG’s shares and a series of up to 10 interest rate swap contracts with different maturities, intended to hedge the portfolio’s duration exposure at key points on the yield curve. By entering these swaps, the fund agrees to give up a portion of the fixed payments it receives from AGG’s bond portfolio in exchange for floating payments tied to the interest rate. The fund may also invest in other interest rate futures contracts, including US Treasuries, Eurodollar, and Federal Funds futures. Swaps are rebalanced daily and restructured monthly. Investors should note that interest rate swap and futures positions are not intended to mitigate credit risk or other factors influencing the bond’s price. Note, the fund is registered as a commodity pool.
AGRH Portfolio Data
AGRH Index Data
AGRH Portfolio Management
AGRH Tax Exposures
AGRH Fund Structure
AGRH Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of AGRH. AGRH is rated a N/A out of 5.
AGRH Sector/Industry Breakdown
AGRH Top 10 Holdings
AGRH Performance Statistics
AGRH Holdings Statistics
AGRH Avg Life Maturity Distribution
AGRH OAS Breakdown
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.