AGZ?

Hey there, I imagine you mean the iShares Agency Bond ETF?

It's a pretty tough market for fixed income investments right now. Low interest rates are likely going to cause distributions in bond ETFs to drop once fixed income inside of them is renewed.

This is a bond ETF comprised of bonds from government backed agencies in the United States.

In terms of things like default risk in a bond ETF like this, it's very low. However, this isn't an ETF that's going to provide you with high returns.

Case in point, over the last 10 years this ETF has a pre-tax cumulative return of 28.71%.

Overall, this is a very conservative bond fund for fixed income investors.