AGG Tax Information
iShares Core U.S. Aggregate Bond ETF
US Gov. Obligation
Ordinary Dividends derived from Federal Obligations
Last verified 2/13/2026*
See Disclaimer
About AGG State Tax Exemptions
For the 2025 tax year, iShares Core U.S. Aggregate Bond ETF (AGG) reported that 40.58% of its Box 1a Dividend Income was derived from U.S. Government Obligations.
This percentage is critical for calculating state tax-exempt income. While federal obligations are generally free from state tax, specific states (California, New York, and Connecticut) have threshold requirements—typically requiring the fund to hold at least 50% of assets in federal obligations at quarter-end.
Fiduciary Commentary
AGG is a broad-based bond fund representing the total U.S. investment-grade bond market, including Treasuries, corporate bonds, and mortgage-backed securities (MBS).
Planning Point: Income from AGG is complex for taxes; while Treasury interest may be state-exempt, income from MBS (Ginnie Mae/Fannie Mae) and corporates usually is not.
*Disclaimer: Sourced from iShares (BlackRock) 2025 tax supplements. This data may change in a correction and state taxing authorities may disagree. This data is for informational purposes. Always verify with original source documents and a qualified tax professional before filing.