September 2026 update
iShares € Govt Bond 20yr Target Duration UCITS ETF · IE000GHXL2Q3 · CEB1
Rebalix monthly basket snapshots compared: 6 August 2026 → 31 August 2026 (issuer-declared dates; each section states its own)
In brief: 0 issuers added and 0 removed from the basket · 4 weight changes beyond ±0.25 points · NAV change over the period −3.3% · costs and key facts unchanged.
Among countries, France rises by 9.3 percentage points.
Declared positions
51
52 → 51 · Δ −1
as of 31 Aug
NAV change over the period
−3.3%
in EUR · 6 Aug → 31 Aug
Assets at month end
85 mln €
−3.7% in the month
Duration (effective)
19.05 yrs
first reading on record
as of 20 Aug
This page pictures the ETF’s basket, not the index. Because the fund uses optimised replication, portfolio changes reflect how the replication is implemented and do not necessarily coincide with the official index reviews.
Basket
Source: basket file published by the issuer, as of 20 Aug and 31 Aug, compared holding by holding by Rebalix (cash excluded, lines of the same holding merged).
Rows compared: 7 → 7 issuers. The issuer file lists 51 positions but does not identify individual issues (no code per row): rows with the same name — e.g. the issues of one sovereign — are merged into one, so additions, removals and weight changes here are per issuer. Files of 20 Aug and 31 Aug.
Weight changes beyond ±0.25 points (4)
FRANCE (REPUBLIC OF)22.1 → 31.6% · +9.48 p.p. GERMANY (FEDERAL REPUBLIC OF) RegS47.0 → 42.0% · −4.94 p.p. BELGIUM KINGDOM OF (GOVERNMENT)14.9 → 10.7% · −4.21 p.p. AUSTRIA (REPUBLIC OF)8.5 → 9.4% · +0.90 p.p. Top 10 holdings
The largest holdings are issues of the same sovereign issuer: comparing them one by one says nothing. The useful reading is by country, below.
Sectors and countries
Source: aggregate breakdowns declared by the issuer in the two snapshots (6 Aug and 31 Aug).
Sectors — where the weight moved
Treasury100.0 → 100.0% · +0.03 p.p. Bars scaled to the change: orange = up, grey = down. Basket percentages at the two snapshots.
Countries — where the weight moved
France22.3 → 31.6% · +9.32 p.p. Germany48.0 → 42.0% · −5.97 p.p. Belgium14.9 → 10.7% · −4.25 p.p. Ireland1.2 → 2.4% · +1.19 p.p. European Union0.0 → -1.2% · −1.18 p.p. The five countries that moved the most between the two snapshots.
See the numbers as a table
| Country | 6 Aug | 31 Aug |
|---|
| Germany | 48.0% | 42.0% |
| France | 22.3% | 31.6% |
| Belgium | 14.9% | 10.7% |
| Austria | 8.4% | 9.4% |
| Netherlands | 3.9% | 3.9% |
| Ireland | 1.2% | 2.4% |
| Finland | 1.3% | 1.3% |
| 3 more countries below 0.05% in both snapshots | | |
Maturities and ratings
Source: issuer factsheet with data as of 20 Aug; preserved in Rebalix’s monthly registry snapshot (2026-09).
Issuer-declared breakdowns, preserved in Rebalix’s monthly registry snapshots (as of 20 August 2026). Labels and order are the issuer document’s.
Maturities
this month (2026-09)the comparison with the prior month starts with the next snapshot
Rating — average AA (media ponderata dal breakdown)
this month (2026-09)the comparison with the prior month starts with the next snapshot
NAV and assets over the period
Source: daily NAV series published by the issuer.
NAV over the period (EUR)
4.5 → 4.35: −3.3% from 6 Aug to 31 Aug, the last NAV available at each snapshot date.
Assets over the month
88 mln € → 85 mln € (issuer’s daily series).
Costs and key facts
Source: issuer KID (costs as of 2 Sept); Rebalix events register.
Transaction costs (KID)
0.03%
unchanged
Index, name, policy
unchanged
Issuer-declared basket snapshots, compared by Rebalix. Each section states its own dates: the basket comparison uses the issuer file dates; top 10, composition and breakdowns the dates of the two archived snapshots; maturities, ratings and duration the monthly registry snapshots. Weight changes are shown above ±0.25 points (the archive records them from ±0.1). We record the past: nothing on this page is a recommendation.