There are two hybrid government/corporate bond funds issued by iShares. The first, iShares’ Barclays Intermediate Government/Credit Bond ETF (GVI), holds a total of 223 various bonds. The fund is 62% invested in U.S. Treasury Notes and bonds issued by government agencies, 14% invested in Industrials, and 12% invested in Financial Institutions. Of the non-government securities, GVI holds bonds in such companies as Bank of America, Cisco, and Pfizer. Over half of the notes/bonds were issued with a maturity of 1-5 years. The fund charges an expense ratio of 0.20% and trades just under 27,000 shares on average.
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