PERFORMANCE



The Hypothetical Growth of $10,000 chart reflects a hypothetical $10,000 investment and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees and other expenses were deducted.



The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted, and numbers may reflect small variances due to rounding. Standardized performance and performance data current to the most recent month end may be obtained by clicking the "Returns" tab above.

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.

Ex-Date Payable Date Record Date Total Distribution   Income ST Cap Gains LT Cap Gains Return on Capital

Past distributions are not indicative of future distributions.



The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted, and numbers may reflect small variances due to rounding. Standardized performance and performance data current to the most recent month end may be obtained by clicking the "Returns" tab above.

Holdings

as of 26-Mar-2015

Issuer Weight (%)

as of 26-Mar-2015

Name Sector ISIN Weight (%) Market Value Country CUSIP SEDOL Asset Class Price Currency Market Currency FX Rate Coupon (%) Maturity Duration Mod. Duration YTM (%) Yield to Call (%) Yield to Worst (%) Notional Value
RUSSIAN (FEDERATION OF) RegS Sovereign XS0114288789 1.57 $2,697,027 Russian Federation S42308148 4230814 FI 113.98 USD USD 1.00 7.50 Mar 31, 2030 4.16 - 4.37 - 4.37 2,697,026.91
PETROLEOS DE VENEZUELA SA RegS Agency USP7807HAK16 1.20 $2,052,462 Venezuela - B5SC0L3 FI 64.45 USD USD 1.00 8.50 Nov 2, 2017 1.25 - 48.45 - 48.45 2,052,462.50
TURKEY (REPUBLIC OF) Sovereign US900123AW05 1.11 $1,902,581 Turkey 900123AW0 B05LG43 FI 124.13 USD USD 1.00 7.38 Feb 5, 2025 7.31 - 4.34 - 4.34 1,902,580.83
ARGENTINA REPUBLIC OF Sovereign US040114GL81 1.09 $1,874,101 Argentina 040114GL8 B2NTDS6 FI 101.65 USD USD 1.00 8.28 Dec 31, 2033 8.05 - 8.49 - 8.49 1,874,100.69
HUNGARY (REPUBLIC OF) Sovereign US445545AE60 1.04 $1,790,226 Hungary 445545AE6 B5WKXS1 FI 116.21 USD USD 1.00 6.38 Mar 29, 2021 4.98 - 3.37 - 3.37 1,790,225.62
TURKEY (REPUBLIC OF) Sovereign US900123AY60 1.03 $1,762,389 Turkey 900123AY6 B0WC9K6 FI 123.94 USD USD 1.00 6.88 Mar 17, 2036 11.99 - 5.02 - 5.02 1,762,388.62
TURKEY (REPUBLIC OF) Sovereign US900123BJ84 0.94 $1,615,250 Turkey 900123BJ8 B669ZF2 FI 114.18 USD USD 1.00 6.00 Jan 14, 2041 13.56 - 5.01 - 5.01 1,615,250.00
INDONESIA (REPUBLIC OF) RegS Sovereign USY20721AU39 0.84 $1,440,197 Indonesia - B53QG12 FI 108.88 USD USD 1.00 4.88 May 5, 2021 5.25 - 3.29 - 3.29 1,440,196.88
ARGENTINA (REPUBLIC OF) Sovereign US040114GK09 0.84 $1,434,112 Argentina 040114GK0 B0S5CR7 FI 57.25 USD USD 1.00 2.50 Dec 31, 2038 12.06 - 8.26 - 8.26 1,434,112.50
TURKEY REPUBLIC OF (GOVERNMENT) Sovereign US900123CB40 0.83 $1,426,973 Turkey 900123CB4 B8T2WV7 FI 99.76 USD USD 1.00 4.88 Apr 16, 2043 14.65 - 4.89 - 4.89 1,426,973.33
Name ISIN SEDOL Weight (%) Market Value Country Asset Class Sector Coupon (%) Maturity Duration Price Asset Class Currency Market Currency FX Rate Mod. Duration YTM (%) Yield to Call (%) Yield to Worst (%) Notional Value
Holdings are subject to change.

Exposure Breakdowns

as of 26-Mar-2015
  Turkey 14.77%
  Indonesia 14.52%
  Russian Federation 11.17%
  Venezuela 7.53%
  Brazil 5.49%
  Hungary 5.05%
  China 3.86%
  Argentina 3.18%
  Mexico 3.16%
  Kazakhstan 2.85%
  Croatia (Hrvatska) 2.81%
  Lebanon 2.53%
  India 2.13%
  South Africa 2.05%
  Jamaica 1.95%
  Sri Lanka 1.86%
  Serbia 1.62%
  Colombia 1.38%
  Dominican Republic 1.37%
  El Salvador 1.27%
  Ukraine 1.15%
  Other 8.29%
Show all 22 countries
Geographic exposure relates principally to the domicile of the issuers of the securities held in the product, added together and then expressed as a percentage of the product’s total holdings. However, in some instances it can reflect the country where the issuer of the securities carries out much of their business.
as of 26-Mar-2015

% of Market Value

Sovereign

54.95%

Industrial

21.82%

Agency

17.48%

Financial Institutions

5.26%

Cash and/or Derivatives

0.49%

as of 26-Mar-2015

  • 22
  • 18
  • 13
  • 09
  • 04
  • 0

0.49

0.70

5.35

8.03

19.71

21.28

22.32

5.03

2.56

14.53

  • Cash and/or Derivatives

  • 0 - 1 Year

  • 1 - 2 Years

  • 2 - 3 Years

  • 3 - 5 Years

  • 5 - 7 Years

  • 7 - 10 Years

  • 10 - 15 Years

  • 15 - 20 Years

  • 20+ Years

The maturity breakdown above is based on Weighted Average Life (WAL). WAL is the average length of time to the repayment of principal for the securities in the fund. This metric considers the likelihood that bonds will be called or prepaid before the scheduled maturity date.

as of 26-Mar-2015

% of Market Value

Cash and/or Derivatives

0.49%

AAA Rated

-

AA Rated

-

A Rated

-

BBB Rated

30.58%

BB Rated

36.76%

B Rated

18.33%

CCC Rated

9.99%

CC Rated

1.08%

C Rated

-

D Rated

1.93%

Not Rated

0.84%

Credit quality ratings on underlying securities of the fund are received from S&P, Moody’s and Fitch and converted to the equivalent S&P major rating category. This breakdown is provided by BlackRock and takes the median rating of the three agencies when all three agencies rate a security the lower of the two ratings if only two agencies rate a security and one rating if that is all that is provided. Unrated securities do not necessarily indicate low quality. Below investment-grade is represented by a rating of BB and below. Ratings and portfolio credit quality may change over time.
Allocations are subject to change.

KEY FACTS

Net Assets

as of 26-Mar-2015

$171,396,633
Inception Date Apr 3, 2012
Exchange BATS Exchange
Asset Class Fixed Income
Benchmark Index Morningstar Emerging Markets High Yield Bond Index
Index Ticker MSBIEHTR

Fund Credit Rating - S&P   Bf

Shares Outstanding 3,600,000
Number of Holdings

as of 26-Mar-2015

298
CUSIP 464286285
Closing Price  

as of 26-Mar-2015

47.56
20 Day Avg. Volume   27,498
Premium/Discount  

as of 26-Mar-2015

0.29%
Options Available No

FEES as of 02-Mar-2015

Expense Ratio  

0.50%

For more information on S&P fund credit ratings, please click here.

NAIC Designated (Schedule D Eligible)

PORTFOLIO CHARACTERISTICS

Equity Beta  

as of 30-Jan-2015

0.53
Standard Deviation (3y)  

as of -

-

12m Trailing Yield  

as of 26-Mar-2015

6.21%
Distribution Yield  

as of 26-Mar-2015

6.60%
30 Day SEC Yield  

as of 26-Mar-2015

7.55%

Weighted Avg Coupon  

as of 26-Mar-2015

6.86%
Weighted Avg Maturity  

as of 26-Mar-2015

9.06 yrs
Effective Duration  

as of 26-Mar-2015

5.80 yrs
Weighted Avg YTM  

as of 26-Mar-2015

8.69%
Option Adjusted Spread  

as of 26-Mar-2015

635 bps

This information must be preceded or accompanied by a current prospectus. For standardized performance, please click on the "Returns" tab above.

More Products

No recently viewed funds available

This ETF participates in the BATS Competitive Liquidity Provider ("CLP") Program. Participating in the BATS CLP Program may have potential impacts on the price and liquidity of this ETF. Learn more.

Carefully consider the Funds' investment objectives, risk factors, and charges and expenses before investing. This and other information can be found in the Funds' prospectuses or, if available, the summary prospectuses which may be obtained by visiting the iShares ETF and BlackRock Mutual Fund prospectus pages. Read the prospectus carefully before investing.

Investing involves risk, including possible loss of principal.

Fixed income risks include interest-rate and credit risk. Typically, when interest rates rise, there is a corresponding decline in bond values. Credit risk refers to the possibility that the bond issuer will not be able to make principal and interest payments.

Non-investment-grade debt securities (high-yield/junk bonds) may be subject to greater market fluctuations, risk of default or loss of income and principal than higher-rated securities.

International investing involves risks, including risks related to foreign currency, limited liquidity, less government regulation and the possibility of substantial volatility due to adverse political, economic or other developments. These risks often are heightened for investments in emerging/developing markets or in concentrations of single countries.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Market returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. eastern time (when NAV is normally determined for most ETFs), and do not represent the returns you would receive if you traded shares at other times.

Index returns are for illustrative purposes only. Index performance returns do not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index. Past performance does not guarantee future results.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor's tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

Certain sectors and markets perform exceptionally well based on current market conditions and iShares Funds can benefit from that performance. Achieving such exceptional returns involves the risk of volatility and investors should not expect that such results will be repeated.

The Funds are distributed by BlackRock Investments, LLC (together with its affiliates, “BlackRock”).

The iShares Funds are not sponsored, endorsed, issued, sold or promoted by Cohen & Steers Capital Management, Inc., European Public Real Estate Association ("EPRA®"), FTSE International Limited ("FTSE"), India Index Services & Products Limited, JPMorgan Chase & Co., MSCI Inc., Markit Indices Limited, Morningstar, Inc., The NASDAQ OMX Group, Inc., National Association of Real Estate Investment Trusts (“NAREIT”), New York Stock Exchange, Inc., Russell Investment Group or S&P Dow Jones Indices LLC, nor are they sponsored, endorsed or issued by Barclays Capital Inc. None of these companies make any representation regarding the advisability of investing in the Funds. BlackRock is not affiliated with the companies listed above. Index data related to the underlying indexes is provided by the respective companies above.

Neither FTSE nor NAREIT makes any warranty regarding the FTSE NAREIT Real Estate 50 Index, FTSE NAREIT Residential Plus Capped Index, FTSE NAREIT Industrial/Office Capped Index or FTSE NAREIT All Mortgage Capped Index; all rights vest in NAREIT. Neither FTSE nor NAREIT makes any warranty regarding the FTSE EPRA/NAREIT Developed Real Estate ex-U.S. Index, FTSE EPRA/NAREIT Developed Europe Index, FTSE EPRA/NAREIT Global REIT Index or FTSE EPRA/NAREIT Developed Asia Index; all rights vest in FTSE, NAREIT and EPRA. "FTSE®" is a trademark of London Stock Exchange Group companies and is used by FTSE under license.

©2015 BlackRock, Inc. All rights reserved. BLACKROCK, BLACKROCK SOLUTIONS, BUILD ON BLACKROCK, ALADDIN, iSHARES, iBONDS, iTHINKING, iSHARES CONNECT, FUND FRENZY, LIFEPATH, SO WHAT DO I DO WITH MY MONEY, INVESTING FOR A NEW WORLD, BUILT FOR THESE TIMES, the iShares Core Graphic, CoRI and the CoRI logo are registered and unregistered trademarks of BlackRock, Inc., or its subsidiaries in the United States and elsewhere. All other marks are the property of their respective owners.

iS-11932