iShares II Public Limited Company has announced an interim distribution for its iShares $ Floating Rate Bond UCITS ETF GBP Hedged (Dist) fund, identified by ISIN IE00BF7TPM11. The distribution rate is set at GBP 0.1026 per unit, with a payment date of 30 November 2026. The announcement, dated 12 November 2026, sets out a clear timeline of key dates that income-focused ETF investors will need to note in order to qualify for the payment.

Key Points

  • iShares II Public Limited Company (FLOS) — operator of a range of UCITS-compliant exchange-traded funds domiciled in Ireland
  • An interim distribution of GBP 0.1026 per unit has been declared for the iShares $ Floating Rate Bond UCITS ETF GBP Hedged (Dist), ISIN IE00BF7TPM11
  • Ex-dividend date: 19 November 2026; Record date: 20 November 2026; Payment date: 30 November 2026
  • Investors should confirm their unit holdings are settled ahead of the 20 November 2026 record date to qualify for the distribution

Interim Distribution Rate of GBP 0.1026 Declared for GBP-Hedged Floating Rate Bond ETF

The announcement confirms that iShares II Public Limited Company is distributing GBP 0.1026 per unit to holders of its iShares $ Floating Rate Bond UCITS ETF GBP Hedged (Dist). This fund targets exposure to US dollar-denominated floating rate bonds while hedging currency risk back to sterling, making it a product designed for UK-based and sterling-focused investors seeking income from short-duration fixed income markets. The distribution is classified as an interim payment in respect of the current financial year, as stated in the company update. No additional commentary on the composition of the distribution or the underlying portfolio yield was included in the announcement.

Key Dates: Ex-Dividend 19 November, Record Date 20 November, Payment 30 November 2026

Investors holding units in the iShares $ Floating Rate Bond UCITS ETF GBP Hedged (Dist) must pay close attention to the distribution schedule outlined in the announcement. The ex-dividend date falls on 19 November 2026, meaning investors purchasing units on or after that date will not qualify for this particular distribution payment. The record date is confirmed as 20 November 2026, with the actual cash payment scheduled for 30 November 2026. This compressed timeline between announcement and payment reflects standard ETF distribution practice for Irish-domiciled UCITS funds distributed across UK and European markets.

GBP Currency Hedging and Floating Rate Exposure Reflect Current Fixed Income Market Positioning

The fund's structure — combining US dollar floating rate bond exposure with a GBP currency hedge — positions it as a tool for investors seeking to manage interest rate sensitivity and foreign exchange risk simultaneously. Floating rate bonds adjust their coupon payments in line with prevailing benchmark rates, which has drawn increased attention from income investors navigating higher-rate environments. The GBP-hedged share class removes the currency translation risk that would otherwise arise from holding dollar-denominated assets, a feature that may be particularly relevant given ongoing volatility in the sterling-dollar exchange rate.