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iShares Core UK Gilts UCITS ETF (Dist) (IGLT.L)

Unknown

This fund copies the FTSE Actuaries UK Conventional Gilts All Stocks index, holding UK government bonds of all lengths and paying out the interest as cash.

£9.64
≈ 964p · London-listed shares are usually quoted in pence (GBX) elsewhere; the Almanac shows pounds (£1 = 100p).

Is iShares Core UK Gilts UCITS ETF (Dist) a good fund for a UK beginner?

The honest version: This fund copies the FTSE Actuaries UK Conventional Gilts All Stocks index, holding UK government bonds of all lengths and paying out the interest as cash.

No rating · no target price · nothing for sale here
Price+4.8%
52-week range+2% past year
£9.64
Low £9.53High £10.28
Where today's price sits versus its past year - context, not a signal.
If you had put £1,000 into iShares Core UK Gilts UCITS ETF (Dist)
£1,048+5%

Over about 2 years to 2026-07-15. This is the share price only - reinvesting the dividends would add to it. Past performance is not a guide to the future, and it could just as easily have fallen.

Why has it been moving?▼ -1% past week · ▲ +2% past year

This is a fund, so it moves with its whole basket (Bonds) - not any single company's news. One share having a bad day barely shows up here.

What does iShares Core UK Gilts UCITS ETF (Dist) do?

This fund is built to copy the performance of UK government bonds, which are essentially official IOUs issued by the UK government. By making a single purchase, your money is spread across a vast basket of these government loans of all different lengths. The ongoing charge is just 0.07% a year, which means the fund manager takes about 70p annually for every £1,000 you have invested to keep the fund running. Instead of automatically reinvesting the interest it collects, this distributing version pays those returns out directly as cash.

What it tracks

Holds UK government bonds (gilts) of all lengths and pays the interest out as cash.

OCF: Ongoing Charge Figure: the fund's yearly running cost, taken automatically. 0.22% is about £2.20 a year for every £1,000 you hold.
0.07%
≈ £0.70 a year per £1,000 invested
Yield: The income the fund has paid out over the past year as a percentage of its price. Accumulating funds reinvest this for you instead of paying cash.
4.4% (paid as cash)
Acc / Dist: Accumulating (Acc) reinvests dividends inside the fund automatically; Distributing (Dist) pays them to you as cash. Same index either way.
Distributing
income paid as cash
Holdings: Roughly how many different investments the fund spreads your money across. More holdings usually means more diversification.
UK government bonds (gilts) across all maturities
Spread of your money
Index
FTSE Actuaries UK Conventional Gilts All Stocks
United Kingdom
Domicile
Ireland
ISA-eligible
Replication
Physical (holds the underlying bonds)
Category
Bonds
Where it fits in a portfolio
What's strong
  • Simple one-fund exposure to UK government debt
  • Very low ongoing cost of 0.07% a year
  • Regular income paid out as cash
  • Spreads money across UK government bonds of all lengths
What to watch
  • The value of government bonds falls when interest rates rise or market conditions change
  • Concentrated entirely on UK government debt rather than spreading across global markets
  • Returns depend entirely on the performance of UK government gilts
  • Cash payouts mean interest is not automatically reinvested into more units

More in Bonds

Vanguard UK Gilt UCITS ETF (Dist)iShares UK Gilts 0-5yr UCITS ETF (Dist)iShares Core Global Aggregate Bond UCITS ETF (Dist)Vanguard Global Aggregate Bond UCITS ETF (GBP Hedged, Acc)Vanguard UK Gilt UCITS ETF (Acc)iShares GBP Index-Linked Gilts UCITS ETF (Dist)iShares Core GBP Corporate Bond UCITS ETF (Dist)Vanguard USD Corporate Bond UCITS ETF (Dist)
Appears in
Low-cost index funds & ETFs (UK)

What are the pros and cons of iShares Core UK Gilts UCITS ETF (Dist)?

4bull points
4bear points

How many points the write-up makes each way — a balance check, not a score or verdict.

The bull case4
  • Simple one-fund exposure to UK government debt
  • Very low ongoing cost of 0.07% a year
  • Regular income paid out as cash
  • Spreads money across UK government bonds of all lengths
Key risks4
  • The value of government bonds falls when interest rates rise or market conditions change
  • Concentrated entirely on UK government debt rather than spreading across global markets
  • Returns depend entirely on the performance of UK government gilts
  • Cash payouts mean interest is not automatically reinvested into more units
Confidence: · data: GBP · flags: none · Charts by TradingView Lightweight Charts™
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Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

This plain-English summary was auto-generated on 2026-08-01 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.

Figures as of 2026-08-01. Prices may be delayed and numbers can go stale - always double-check before acting.