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 28-Jan-2015

Holding Sector Asset Class Weight (%) Country Market Value Shares Price ISIN SEDOL Exchange Currency Maturity Coupon (%) Duration Mod. Duration YTM (%) Yield to Call (%) Yield to Worst (%) Notional Value
holding-image

HYG

iShares iBoxx $ High Yield Corporate Bond ETF

- EQ 19.79 United States $50,277,904 557,652 90.16 US4642885135 B1VZ486 ARCX USD - - - - - - - -
holding-image

LQD

iShares iBoxx $ Investment Grade Corporate Bond ETF

- EQ 15.66 United States $39,785,758 323,015 123.17 US4642872422 2971502 ARCX USD - - - - - - - -
holding-image

REM

ISHARES MORTGAGE REAL ESTATE CAPPE

- EQ 14.06 United States $35,709,633 3,049,499 11.71 US4642885390 B1WY6V9 ARCX USD - - - - - - - -
holding-image

CLY

iShares 10+ Year Credit Bond ETF

- EQ 10.75 United States $27,320,758 424,565 64.35 US4642895118 B4VTBY4 ARCX USD - - - - - - - -
holding-image

LEMB

ISHARES EMERGING MARKETS LOCAL CUR

- EQ 9.75 United States $24,779,185 532,199 46.56 US4642865178 B74T1X1 ARCX USD - - - - - - - -
holding-image

HDV

iShares Core High Dividend ETF

- EQ 9.62 United States $24,444,626 323,727 75.51 US46429B6636 B5BT1L8 ARCX USD - - - - - - - -
holding-image

IDV

ISHARES INTERNATIONAL SELECT DIVID

- EQ 9.53 United States $24,203,679 717,997 33.71 US4642884484 B1YYR25 ARCX USD - - - - - - - -
holding-image

TLT

iShares 20+ Year Treasury Bond ETF

- EQ 5.74 United States $14,579,135 106,596 136.77 US4642874329 2971546 ARCX USD - - - - - - - -
holding-image

IFGL

iShares International Developed Real Estate ETF

- EQ 5.11 United States $12,987,218 416,257 31.20 US4642884898 B29FBK6 XNAS USD - - - - - - - -
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BLKFDS

BLK CSH FND TREASURY SL AGENCY

- CA 0.01 United States $18,740 18,740 1.00 US0669224778 - - USD - - - - - - - -
Ticker Name Sector Asset Class Country Weight (%) Market Value Shares Price ISIN SEDOL Exchange Currency Maturity Coupon (%) Duration Mod. Duration YTM (%) Yield to Call (%) Yield to Worst (%) Notional Value
Ticker Name Sector Asset Class Country Weight (%) Market Value Shares Price ISIN SEDOL Exchange Currency Maturity Coupon (%) Duration Mod. Duration YTM (%) Yield to Call (%) Yield to Worst (%) Notional Value
Holdings are subject to change.

Exposure Breakdowns

as of 28-Jan-2015
as of 20-Jan-2015

% of Market Value

Other/Undefined

84.42%

Corporates

15.33%

Cash and/or Derivatives

0.14%

GOVERNMENT RELATED

0.11%

Treasury

0.01%

Allocations are subject to change.

KEY FACTS

Net Assets

as of 29-Jan-2015

$254,481,482
Inception Date Apr 3, 2012
Exchange BATS Exchange
Asset Class Equities
Benchmark Index Morningstar Multi-Asset High Income Index
Index Ticker MAHIT

Shares Outstanding 9,750,000
Number of Holdings

as of 28-Jan-2015

10
CUSIP 46432F875
Closing Price  

as of 29-Jan-2015

26.13
20 Day Avg. Volume   67,453
Premium/Discount  

as of 29-Jan-2015

-0.16%
Options Available No

FEES as of 31-Jul-2014

Expense Ratio  

0.65%

Fee Waiver  

0.05%

Expense Ratio (including waivers)

0.60%

PORTFOLIO CHARACTERISTICS

Equity Beta  

as of 31-Dec-2014

0.50
Standard Deviation (3y)  

as of -

-

12m Trailing Yield  

as of 31-Dec-2014

4.42%
Distribution Yield  

as of 31-Dec-2014

2.30%
30 Day SEC Yield  

as of 31-Dec-2014

5.93%
Unsubsidized 30-Day SEC Yield  

as of 31-Dec-2014

5.91%

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

More Products

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.

Investment in the Fund is subject to the risk of the underlying Funds.

Diversification and asset allocation may not protect against market risk or loss of principal.

Performance shown reflects fee waivers and/or expense reimbursements by the investment advisor to the fund for some or all of the periods shown. Performance would have been lower without such waivers.

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.

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