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
JAPAN (GOVERNMENT OF) 5YR #102 Treasuries JP1051021C18 3.91 $6,040,101 Japan - B6YBZL6 FI 0.84 USD JPY 119.03 0.30 Dec 20, 2016 1.73 - 0.03 - 0.03 6,040,101.36
JAPAN (GOVERNMENT OF) 5YR #105 Treasuries JP1051051C60 3.84 $5,926,579 Japan - B88R2R9 FI 0.84 USD JPY 119.03 0.20 Jun 20, 2017 2.23 - 0.04 - 0.04 5,926,578.88
NORWAY (KINGDOM OF) Treasuries NO0010313356 3.13 $4,832,469 Norway - B15S5M2 FI 13.60 USD NOK 7.88 4.25 May 19, 2017 2.02 - 0.86 - 0.86 4,832,469.00
IRELAND (REPUBLIC OF) Treasuries IE0006857530 2.93 $4,532,857 Ireland 4619969A0 0685753 FI 114.51 USD EUR 0.92 4.60 Apr 18, 2016 1.02 - 0.01 - 0.01 4,532,856.59
SWEDEN (KINGDOM OF) Treasuries SE0001811399 2.68 $4,147,279 Sweden - B1FLSS8 FI 12.82 USD SEK 8.56 3.75 Aug 12, 2017 2.29 - -0.30 - -0.30 4,147,279.25
PORTUGAL (REPUBLIC OF) Treasuries PTOTELOE0010 2.52 $3,900,045 Portugal - B1WK5W1 FI 119.78 USD EUR 0.92 4.35 Oct 16, 2017 2.53 - 0.61 - 0.61 3,900,045.12
JAPAN (GOVERNMENT OF) 2YR #344 Treasuries JP1023441E90 2.35 $3,637,898 Japan - - FI 0.84 USD JPY 119.03 0.10 Sep 15, 2016 1.47 - 0.02 - 0.02 3,637,898.50
JAPAN (GOVERNMENT OF) 5YR #106 Treasuries JP1051061C92 2.15 $3,315,268 Japan - B8N3YJ8 FI 0.84 USD JPY 119.03 0.20 Sep 20, 2017 2.48 - 0.04 - 0.04 3,315,268.09
SWITZERLAND (CONFEDERATION OF) Treasuries CH0015633453 2.04 $3,152,210 Switzerland - 7569173 FI 107.34 USD CHF 0.96 2.50 Mar 12, 2016 0.97 - -0.75 - -0.75 3,152,209.68
DENMARK (KINGDOM OF) Treasuries DK0009922759 1.86 $2,876,917 Denmark - B3ZF9R0 FI 15.36 USD DKK 6.84 2.50 Nov 15, 2016 1.62 - -0.53 - -0.53 2,876,916.75
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
  Japan 22.65%
  Italy 6.28%
  Spain 5.17%
  Germany 5.15%
  France 5.13%
  Australia 4.77%
  Ireland 4.58%
  Switzerland 4.56%
  Netherlands 4.44%
  Austria 4.43%
  Belgium 4.28%
  Portugal 4.28%
  Sweden 4.24%
  Canada 4.07%
  Denmark 3.63%
  United Kingdom 3.42%
  Finland 3.35%
  Norway 3.13%
  Cash and/or Derivatives 2.46%
Show all 19 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

Treasuries

97.54%

Cash and/or Derivatives

2.46%

as of 26-Mar-2015

  • 45
  • 36
  • 27
  • 18
  • 09
  • 0

2.46

8.50

44.82

44.22

  • Cash and/or Derivatives

  • 0 - 1 Year

  • 1 - 2 Years

  • 2 - 3 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

2.46%

AAA Rated

36.54%

AA Rated

18.03%

A Rated

27.23%

BBB Rated

11.45%

BB Rated

4.28%

B Rated

-

CCC Rated

-

CC Rated

-

C Rated

-

D Rated

-

Not Rated

-

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 27-Mar-2015

$154,187,248
Inception Date Jan 21, 2009
Exchange NASDAQ
Asset Class Fixed Income
Benchmark Index S&P/Citigroup International Treasury Bond Index Ex-US 1-3 Year
Index Ticker SPBDXU3T

Fund Credit Rating - S&P   A-f

Shares Outstanding 1,950,000
Number of Holdings

as of 26-Mar-2015

119
CUSIP 464288125
Closing Price  

as of 27-Mar-2015

79.14
20 Day Avg. Volume   15,787
Premium/Discount  

as of 27-Mar-2015

-0.01%
Options Available No

FEES as of 31-Oct-2014

Expense Ratio  

0.35%

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

0.58
Standard Deviation (3y)  

as of 30-Jan-2015

6.12%

12m Trailing Yield  

as of 26-Mar-2015

0.38%
Distribution Yield  

as of 30-Jan-2015

1.35%
30 Day SEC Yield  

as of 26-Mar-2015

-0.15%

Weighted Avg Coupon  

as of 26-Mar-2015

2.62%
Weighted Avg Maturity  

as of 26-Mar-2015

1.80 yrs
Effective Duration  

as of 26-Mar-2015

1.78 yrs
Weighted Avg YTM  

as of 26-Mar-2015

0.10%

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

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.

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-12604