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.
as of
  1y 3y 5y 10y Incept.
- - - - -
Market Price (%)   - - - - -
After Tax Pre-Liq. (%)   - - - - -
After Tax Post-Liq. (%)   - - - - -
as of
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
0.65 0.05 0.30 0.65 - - - - 0.98
Market Price (%)   0.59 0.05 0.32 0.59 - - - - 1.04
After Tax Pre-Liq. (%)   0.49 0.02 0.20 0.49 - - - - 0.75
After Tax Post-Liq. (%)   0.37 0.03 0.17 0.37 - - - - 0.55
as of
  2010 2011 2012 2013 2014


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
Sep 2, 2014 Sep 8, 2014 Sep 4, 2014 $0.036007 - - - -
Aug 1, 2014 Aug 7, 2014 Aug 5, 2014 $0.037543 - - - -
Jul 1, 2014 Jul 8, 2014 Jul 3, 2014 $0.038099 - - - -
Jun 2, 2014 Jun 6, 2014 Jun 4, 2014 $0.035334 - - - -
May 1, 2014 May 7, 2014 May 5, 2014 $0.037097 - - - -
Apr 1, 2014 Apr 7, 2014 Apr 3, 2014 $0.036965 - - - -
Mar 3, 2014 Mar 7, 2014 Mar 5, 2014 $0.039829 - - - -
Feb 3, 2014 Feb 7, 2014 Feb 5, 2014 $0.035236 - - - -
Dec 26, 2013 Jan 2, 2014 Dec 30, 2013 $0.004621 $0.004621 $0.000000 $0.000000 $0.000000
Dec 2, 2013 Dec 6, 2013 Dec 4, 2013 $0.034500 $0.034500 $0.000000 $0.000000 $0.000000
Nov 1, 2013 Nov 7, 2013 Nov 5, 2013 $0.034500 $0.034500 $0.000000 $0.000000 $0.000000

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.
Greatest Premium  

Apr 8, 2014

0.11%
Greatest Discount  

-

0.00%
Days ± 0.5% of NAV 63
Percent ± 0.5% of NAV 100.00%
Select a Quarter   

Number of Days At:

Premium   62
NAV   1
Discount   0

Premium/Discount Range

# of Days

≥ 0.0 up to 0.5

63

Chart Description  

Why is there a difference between NAV and Closing Price?  

Possible Timing Discrepancies  

Holdings

as of 12-Sep-2014

Issuer Weight (%)

as of 12-Sep-2014

Holding ISIN SEDOL Weight (%) Market Value Coupon (%) Maturity Duration Price YTM (%) Yield to Call (%) Yield to Worst (%)
holding-image

BLACKROCK FDS III

-

- - 1.96 $7,414,696 - - - 1.00 - - -
holding-image

GOLDMAN SACHS GROUP INC

Financial Institutions

US38141GEG55 B11LHK7 1.23 $4,673,467 0.68 Mar 22, 2016 0.03 100.18 0.57 - 0.57
holding-image

BANK OF AMERICA CORP

Financial Institutions

US06051GEG01 B3NR2D5 1.16 $4,407,645 3.63 Mar 17, 2016 1.46 103.71 1.07 - 1.07
holding-image

DIRECTV HOLDINGS LLC

Industrial

US25459HAV78 B3NP6J3 1.06 $4,020,588 3.13 Feb 15, 2016 1.41 103.09 0.92 - 0.92
holding-image

PENSKE TRUCK LEASING COMPANY LP

Industrial

US709599AC82 B84QNG6 1.05 $3,966,687 3.13 May 11, 2015 0.65 101.58 0.78 - 0.78
holding-image

CAISSE CENTRALE DESJARDINS

-

US50248WAD83 - 1.00 $3,800,000 0.58 Sep 12, 2017 0.25 100.00 0.59 - 0.59
holding-image

AMERICAN TOWER CORPORATION

Industrial

US029912BB77 B5VZRB8 0.89 $3,367,634 4.63 Apr 1, 2015 0.54 102.05 0.80 - 0.80
holding-image

VERIZON COMMUNICATIONS INC

Industrial

US92343VBL71 BDV82F2 0.88 $3,334,484 1.76 Sep 15, 2016 0.28 102.60 0.49 - 0.49
holding-image

OMFIT_14-2A

-

US68268BAA70 - 0.87 $3,311,036 2.47 Sep 18, 2024 2.06 100.03 2.53 - 2.53
holding-image

WACHOVIA CORP

Financial Institutions

US929903CJ96 B2PF6B6 0.86 $3,250,172 0.60 Oct 15, 2016 0.09 100.01 0.61 - 0.61
Name ISIN SEDOL Sector Weight (%) Market Value Coupon (%) Maturity Duration Price YTM (%) Yield to Call (%) Yield to Worst (%)
Holdings are subject to change.

Exposure Breakdowns

as of 12-Sep-2014

% of Market Value

Other/Undefined

32.04%

Financial Institutions

27.19%

Industrial

24.66%

CMBS

7.82%

ABS

5.23%

Utility

2.85%

Agencies

0.20%

as of 12-Sep-2014

  • 49
  • 39
  • 29
  • 19
  • 10
  • 0

21.42

48.53

10.34

3.10

1.77

1.80

11.81

  • 0 - 1 Year

  • 1 - 5 Years

  • 5 - 10 Years

  • 10 - 15 Years

  • 15 - 20 Years

  • 20 - 25 Years

  • 25+ Years

as of 12-Sep-2014

% of Market Value

AAA/Aaa

15.68%

17.29%

AA+/Aa1

1.77%

2.51%

AA/Aa2

4.51%

2.74%

AA-/Aa3

2.07%

2.40%

A+/A1

4.50%

2.17%

A/A2

13.07%

3.62%

A-/A3

13.52%

4.55%

BBB+/Baa1

11.70%

18.57%

BBB/Baa2

13.71%

16.86%

BBB-/Baa3

12.02%

10.88%

BB+/Ba1

-

0.98%

BB/Ba2

-

-

BB-/Ba3

-

-

B+/B1

-

-

B/B2

-

-

B-/B3

-

-

CCC+/Caa1

-

-

CCC/Caa2

-

-

CCC-/Caa3

-

-

CC/Ca

-

-

C

-

-

CI

-

-

R

-

-

SD

-

-

D

-

-

NR

3.38%

14.65%

Other

4.07%

2.79%

Cash

-

-

Govt/Cash

-

-

  • S&P

  • Moody's

Ratings are measured on a scale that generally ranges from AAA (S&P highest) or Aaa (Moody's highest) to D (S&P lowest) or C (Moody's lowest). "R" applies to securities where the issuing company is under regulatory supervision due to its financial situation. "SD" applies to securities where the issuing company has selectively defaulted on some obligations. “NR” applies to securities that are not rated. "Other" includes dividends booked but not yet received and, if applicable, short-term fixed income securities.
Allocations subject to change.

KEY FACTS

Net Assets

as of 15-Sep-2014

$378,588,114
Inception Date Sep 25, 2013
Exchange BATS Exchange
Asset Class Fixed Income
Benchmark Index N/A
Index Ticker -

Fund Credit Rating - S&P   BBB+f

Shares Outstanding 7,550,000
Number of Holdings

as of 12-Sep-2014

289
CUSIP 46431W507
Price  

as of 15-Sep-2014

50.13
20 Day Avg. Volume   151,685
Premium/Discount  

as of 15-Sep-2014

-0.03%
Options Available No

FEES as of 31-Oct
Expense Ratio   0.25%

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

NAIC Designated (Schedule D Eligible)

PORTFOLIO CHARACTERISTICS

Equity Beta  

as of -

-
Standard Deviation (3y)  

as of -

-

12m Trailing Yield  

as of -

-
Distribution Yield  

as of 12-Sep-2014

0.85%
30 Day SEC Yield  

as of 12-Sep-2014

1.14%

Weighted Avg Coupon  

as of 12-Sep-2014

3.11%
Weighted Average Life  

as of 12-Sep-2014

1.47 yrs
Effective Duration  

as of 12-Sep-2014

0.88 yrs
Weighted Avg YTM  

as of 12-Sep-2014

0.97%
Option Adjusted Spread  

as of 12-Sep-2014

73 bps

% Stock 0.00%
% Bond 98.74%
% Cash 0.04%
% Other  

as of 12-Sep-2014

1.23%

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

More Products

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.

The Fund is actively managed and does not seek to replicate the performance of a specified index. The Fund may have a higher portfolio turnover than funds that seek to replicate the performance of an index.

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.

The iShares Short Maturity Bond ETF will invest in privately issued securities that have not been registered under the Securities Act of 1933 and as a result are subject to legal restrictions on resale. Privately issued securities are not traded on established markets and may be illiquid, difficult to value and subject to wide fluctuations in value. Delay or difficulty in selling such securities may result in a loss to the iShares Short Maturity Bond ETF. The fund may invest in asset-backed (“ABS”) and mortgage-backed securities (“MBS”) which are subject to credit, prepayment and extension risk, and react differently to changes in interest rates than other bonds. Small movements in interest rates may quickly reduce the value of certain ABS and MBS.

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-US 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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