iShares USD Treasury Bond 20+yr UCITS ETF EUR Hedged (Dist)

iShares USD Treasury Bond 20+yr UCITS ETF EUR Hedged (Dist) is an exchange-traded fund that seeks to track the performance of the ICE U.S. Treasury 20+ Year Bond Index, comprising U.S. dollar-denominated government bonds issued by the U.S. Treasury with maturities exceeding 20 years. This ETF provides targeted exposure to long-term U.S. Treasuries through physical replication, holding approximately 40 bonds, primarily from the United States Treasury, such as those maturing between 2045 and 2055. It features EUR hedging to mitigate currency risk for European investors and a distributing share class that pays out income periodically. Key portfolio characteristics include an average weighted maturity of 26.15 years, effective duration of 15.71 years, and a yield to maturity of 4.78%, reflecting its sensitivity to interest rate changes. Managed by BlackRock with a low total expense ratio of 0.10%, the fund holds net assets of around 839 million EUR and plays a vital role in fixed income portfolios, offering single-country government bond exposure as a benchmark for long-duration U.S. Treasury performance.