iShares Interest Rate Hedged U.S. Aggregate Bond ETF (AGRH)

iShares Interest Rate Hedged U.S. Aggregate Bond ETF (AGRH) is an exchange-traded fund in the Ultrashort Bond category. It has $7.89M in assets, an expense ratio of 0.13% and a 4.18% dividend yield. The underlying index is designed to minimize the interest rate risk exposure of a portfolio composed of U.S. dollar-denominated, investment-grade bonds. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in component securities and instruments in the fund’s underlying index. It is non-diversified.