# iShares Spain Govt Bond UCITS ETF (IESP)

**Source:** https://fundology.uk/fund/iesp · ISIN IE00B428Z604 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 30/09/2026, IESP (iShares Spain Govt Bond UCITS ETF, ISIN IE00B428Z604) closed at €145.32 on the London Stock Exchange. Its ongoing charge is 0.20% a year (about £20 on £10,000). Over the five years to 30/09/2026 its total return was −12.1%, or −31.3% after UK CPIH inflation.

## Summary

iShares Spain Govt Bond UCITS ETF is an exchange-traded fund (ETF) from iShares, launched in 2012. It tracks the Bloomberg Euro Aggregate Treasury Spain. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.2% a year — about £20 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year.

Latest close: **€145.32** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | IESP |
| ISIN | IE00B428Z604 |
| Category | Government bonds |
| Type | ETF |
| Provider | iShares |
| Tracks | Bloomberg Euro Aggregate Treasury Spain |
| Income | Distributing |
| Ongoing charge | 0.20% a year (£20 per £10,000) |
| Fund size | £161m |
| Launched | 2012 |
| Domicile | Ireland |

## Past returns (periods to 30/09/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | -4.29% | -7.29% | income reinvested |
| 3 years | +7.68% | -2.83% | income reinvested |
| 5 years | -12.09% | -31.28% | income reinvested |

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

## Charges compared with similar funds

Ongoing charge of iShares Spain Govt Bond UCITS ETF 0.20% a year, as of 01/10/2026: 54 of the 274 other government bond funds charge more, 24 the same and 196 less (share classes counted once).

## Funds tracking the same index

3 funds track Bloomberg Euro Aggregate Treasury Spain, this one included and share classes counted once; their ongoing charges range from 0.20% to 0.23% a year (30/09/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| iShares Spain Govt Bond UCITS ETF (this fund) | 0.20% | -4.3% | +7.7% | -12.1% |
| iShares Spain Govt Bond UCITS ETF | 0.23% | +0.9% | +6.1% | -1.5% |
| iShares Spain Govt Bond UCITS ETF -HEDGED- GBP | 0.22% | +0.1% | +2.7% | — |

Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.20%** per year
- ISA eligible: yes
- SIPP eligible: yes

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.