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 of 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 03-Aug-2015

Ticker Name Weight (%) ISIN Sector Asset Class SEDOL Country Market Value Price Currency Maturity Coupon (%) Duration Notional Value YTM (%) Mod. Duration Yield to Call (%) Yield to Worst (%)
IBCC ISHARESBOND 2018 CORPORATE EX-FINA 5.22 US46432FAG28 ETFs FI BB22DK1 United States $5,075,780 99.53 USD - 0.00 2.12 5,075,780.10 1.51 - - 1.51
BLKFDS BLK CSH FND TREASURY SL AGENCY 1.38 US0669224778 Cash and/or Derivatives MM - United States $1,339,240 1.00 USD - 0.19 0.00 1,339,240.40 0.19 - - 0.19
JPM BEAR STEARNS COMPANIES LLC/THE 1.22 US073902RU43 Banking FI B2PD9G6 United States $1,183,119 112.64 USD Feb 1, 2018 7.25 2.33 1,183,119.04 2.03 - - 2.03
GE GENERAL ELECTRIC CAPITAL CORP MTN 1.19 US36962G3H54 Finance Companies FI B27YRM9 United States $1,159,697 108.82 USD Sep 15, 2017 5.63 1.98 1,159,697.03 1.38 - - 1.38
CS CREDIT SUISSE NEW YORK NY MTN 1.13 US22546QAL14 Banking FI BMW3DL2 Switzerland $1,098,277 99.59 USD May 26, 2017 1.38 1.79 1,098,277.28 1.61 - - 1.61
GS GOLDMAN SACHS GROUP INC/THE 1.09 US38141GRC05 Banking FI B9DL5D0 United States $1,064,668 101.32 USD Jan 22, 2018 2.38 2.40 1,064,667.87 1.82 - - 1.82
IBM IBM CORP 0.97 US459200GJ41 Technology FI B24GB60 United States $947,323 109.25 USD Sep 14, 2017 5.70 1.98 947,322.94 1.25 - - 1.25
C CITIGROUP INC 0.97 US172967EM99 Banking FI B29D2R4 United States $941,205 109.50 USD Nov 21, 2017 6.13 2.16 941,204.92 1.88 - - 1.88
AGN ACTAVIS FUNDING SCS 0.94 US00507UAM36 Consumer Non-Cyclical FI BW9RTQ4 United States $911,190 100.32 USD Mar 12, 2018 2.35 2.51 911,189.87 2.22 - - 2.22
C CITIGROUP INC 0.93 US172967HY01 Banking FI BQ15S90 United States $903,768 99.69 USD Aug 14, 2017 1.55 1.99 903,768.32 1.71 - - 1.71
Ticker Name ISIN SEDOL Weight (%) Sector Asset Class Country Market Value Price Coupon (%) Asset Class Maturity Currency Duration Mod. Duration YTM (%) Notional Value Yield to Call (%) Yield to Worst (%)
Ticker Name Sector Asset Class Weight (%) Country ISIN Market Value SEDOL Price Currency Maturity Coupon (%) Duration Mod. Duration Notional Value YTM (%) Yield to Call (%) Yield to Worst (%)
Holdings are subject to change.

Exposure Breakdowns

as of 03-Aug-2015

% of Market Value

Banking

36.72%

Consumer Non-Cyclical

13.49%

Consumer Cyclical

9.18%

Energy

7.72%

Communications

5.85%

Capital Goods

5.09%

Technology

5.06%

Electric

4.14%

Insurance

3.32%

Basic Industry

2.63%

Finance Companies

1.72%

Cash and/or Derivatives

1.60%

Reits

1.43%

Transportation

0.85%

Brokerage/Asset Managers/Exchanges

0.77%

Natural Gas

0.24%

Utility Other

0.17%

as of 03-Aug-2015

  • 76
  • 61
  • 46
  • 31
  • 15
  • 0

1.60

22.05

76.34

  • Cash and/or Derivatives

  • 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 03-Aug-2015

% of Market Value

Cash and/or Derivatives

1.60%

AAA Rated

1.17%

AA Rated

12.64%

A Rated

50.59%

BBB Rated

33.99%

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 03-Aug-2015

$92,164,554
Asset Class Fixed Income
Exchange NYSE Arca
Benchmark Index Barclays 2018 Maturity Corporate Index
Index Ticker BI18TRUU
Inception Date Jul 9, 2013

Fund Credit Rating - S&P   -

Shares Outstanding 900,000
CUSIP 46432FAW7
Number of Holdings  

as of 03-Aug-2015

339
Closing Price  

as of 03-Aug-2015

102.71
Mid-Point Price  

as of 03-Aug-2015

102.76
Daily Volume  

as of 03-Aug-2015

200
20 Day Avg. Volume   1,087
Premium/Discount  

as of 03-Aug-2015

0.35%
Options Available No

FEES as of 31-Oct-2014

Expense Ratio  

0.13%

Fee Waiver  

0.03%

Expense Ratio (including waivers)

0.10%

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

NAIC Designated (Schedule D Eligible)

PORTFOLIO CHARACTERISTICS

Equity Beta  

as of 30-Jun-2015

0.02
Standard Deviation (3y)  

as of -

-

12m Trailing Yield  

as of 31-Jul-2015

1.56%
Distribution Yield  

as of 31-Jul-2015

1.52%
30 Day SEC Yield  

as of 31-Jul-2015

1.51%
30 Day SEC Yield Month End  

as of 31-Jul-2015

1.51
Unsubsidized 30-Day SEC Yield  

as of 31-Jul-2015

1.51%

Weighted Avg Coupon  

as of 03-Aug-2015

3.03%
Weighted Avg Maturity  

as of 03-Aug-2015

2.20 yrs
Weighted Avg YTM  

as of 03-Aug-2015

1.69%
Effective Duration  

as of 03-Aug-2015

2.12 yrs
Option Adjusted Spread  

as of 03-Aug-2015

94 bps

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

Estimated Net Acquisition Yield Calculator

Calculate the Estimated Net Acquisition Yield (ENA Yield) based on the projected market purchase price that you input. This estimate also reflects the deduction of the expense ratio (10 basis points).
The NAV (as of 03-Aug-2015) used in the calculation is $102.41. The value you enter should correspond to your estimated market purchase price as of 03-Aug-2015.
Please note that the results generated by the Estimated Net Acquisition Yield Calculator are for illustrative purposes only and are not representative of any specific investment outcome.
The Average Yield to Maturity shown is the weighted average yield to maturity of the individual bonds. During the final year of the fund's life, the underlying bonds will mature and the proceeds will be held in cash equivalents until the liquidation of the fund. The investor's total realized yield to fund maturity will be influenced by the yield earned on these proceeds during the final year. If the future yield on cash equivalents is lower than the current Average Yield to Maturity for the portfolio’s bonds, the realized yield to fund maturity is also expected to be lower and vice versa.
Calculate

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 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.

Funds that concentrate investments in specific industries, sectors, markets or asset classes may underperform or be more volatile than other industries, sectors, markets or asset classes and than the general securities market.

The iShares® iBonds® ETFs ("Funds") will terminate on or about March 31 of the year in each Fund’s name. An investment in the Fund(s) is not guaranteed, and an investor may experience losses, including near or at the termination date. Unlike a direct investment in a bond that has a level coupon payment and a fixed payment at maturity, the Fund(s) will make distributions of income that vary over time. In the final months of each Fund’s operation, as the bonds it holds mature, its portfolio will transition to cash and cash-like instruments. As a result, its yield will tend to move toward prevailing money market rates, and may be lower than the yields of the bonds previously held by the Fund and lower than prevailing yields in the bond market.

Following the Fund’s termination date, the Fund will distribute substantially all of its net assets, after deduction of any liabilities, to then-current investors without further notice and will no longer be listed or traded. The Funds’ distributions and liquidation proceeds are not predictable at the time of investment and the Funds do not seek to return any predetermined amount.

The rate of Fund distribution payments may adversely affect the tax characterization of an investor’s returns from an investment in the Fund relative to a direct investment in bonds. If the amount an investor receives as liquidation proceeds upon the Fund’s termination is higher or lower than the investor’s cost basis, the investor may experience a gain or loss for tax purposes.

Investment in the iShares® iBonds® Corporate ETFs is subject to the risks of the other funds and ETFs (underlying funds) in which it invests. The iShares® iBonds® Corporate ETFs will incur acquired fund fees and expenses associated with its investments the underlying funds and additional fees associated with turnover in the underlying funds that are not included in the acquired fund fees and expenses.

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”).

Although BlackRock shall obtain data from sources that BlackRock considers reliable, all data contained herein is provided “as is” and BlackRock makes no representation or warranty of any kind, either express or implied, with respect to such data, the timeliness thereof, the results to be obtained by the use thereof or any other matter. BlackRock expressly disclaims any and all implied warranties, including without limitation, warranties of originality, accuracy, completeness, timeliness, non-infringement, merchantability and fitness for a particular purpose.



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.

Neither FTSE nor NAREIT makes any warranty regarding the FTSE NAREIT Real Estate 50 Index, FTSE NAREIT All Residential 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, FACTORSELECT, 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-15082