1. Exposure to bonds issued by U.S. utility companies
2. Targeted access to a specific subset of corporate bonds
3. Use to express a sector view and pursue income
Recently, the Board of Trustees of the iShares Trust voted to close and liquidate the Fund. Trading will be suspended prior to market open on August 24, 2015. Proceeds of the liquidation are currently scheduled to be sent to shareholders on or around August 28, 2015. For more information, please see the Prospectus.