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 (%)   - - - - -
Benchmark (%)   2.01 - - - -
After Tax Pre-Liq. (%)   - - - - -
After Tax Post-Liq. (%)   - - - - -
as of
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
1.12 -0.34 -0.16 0.56 - - - - 1.61
Market Price (%)   1.20 -0.63 -0.24 0.58 - - - - 1.65
Benchmark (%)   1.33 -0.34 -0.12 0.68 2.01 - - - 1.88
After Tax Pre-Liq. (%)   0.75 -0.38 -0.29 0.29 - - - - 1.15
After Tax Post-Liq. (%)   0.63 -0.19 -0.09 0.32 - - - - 0.91
as of
  2009 2010 2011 2012 2013

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
Dec 1, 2014 Dec 5, 2014 Dec 3, 2014 $0.053717 - - - -
Nov 3, 2014 Nov 7, 2014 Nov 5, 2014 $0.049009 - - - -
Oct 1, 2014 Oct 7, 2014 Oct 3, 2014 $0.049027 - - - -
Sep 2, 2014 Sep 8, 2014 Sep 4, 2014 $0.050009 - - - -
Aug 1, 2014 Aug 7, 2014 Aug 5, 2014 $0.051003 - - - -
Jul 1, 2014 Jul 8, 2014 Jul 3, 2014 $0.050544 - - - -
Jun 2, 2014 Jun 6, 2014 Jun 4, 2014 $0.053647 - - - -
May 1, 2014 May 7, 2014 May 5, 2014 $0.054537 - - - -
Apr 1, 2014 Apr 7, 2014 Apr 3, 2014 $0.050983 - - - -
Mar 3, 2014 Mar 7, 2014 Mar 5, 2014 $0.057038 - - - -
Feb 3, 2014 Feb 7, 2014 Feb 5, 2014 $0.051683 - - - -
Dec 26, 2013 Jan 2, 2014 Dec 30, 2013 $0.046700 $0.046700 $0.000000 $0.000000 $0.000000
Dec 2, 2013 Dec 6, 2013 Dec 4, 2013 $0.066832 $0.066832 $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  

Sep 3, 2014

0.43%
Greatest Discount  

-

0.00%
Days ± 0.5% of NAV 64
Percent ± 0.5% of NAV 100.00%
Select a Quarter   

Number of Days At:

Premium   63
NAV   1
Discount   0

Premium/Discount Range

# of Days

≥ 0.0 up to 0.5

64

Chart Description  

Why is there a difference between NAV and Closing Price?  

Possible Timing Discrepancies  

Holdings

as of 18-Dec-2014

Issuer Weight (%)

as of 18-Dec-2014

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

BB&T CORP MTN

Corporates

US05531FAN33 BBMJ8B8 0.93 $278,351 2.05 Jun 19, 2018 3.32 100.20 1.99 - 1.99 A2 278,350.73
holding-image

BANK OF NOVA SCOTIA

Corporates

US064159FK71 BP9F0V1 0.91 $274,874 1.30 Jul 21, 2017 2.53 99.42 1.53 - 1.53 AA- 274,873.54
holding-image

WESTPAC BANKING CORP

Corporates

US961214CH46 - 0.91 $274,409 1.20 May 19, 2017 2.38 99.69 1.33 - 1.33 AA- 274,408.82
holding-image

MORGAN STANLEY

Corporates

US61747YDT91 B7K8HV2 0.90 $269,316 4.75 Mar 22, 2017 2.14 106.59 1.76 - 1.76 A- 269,316.46
holding-image

BLK CSH FND TREASURY SL AGENCY

Cash and/or Derivatives

US0669224778 - 0.85 $255,956 0.17 - 0.00 1.00 0.17 - 0.17 - 255,955.96
holding-image

COMMONWEALTH BANK OF AUSTRALIA

Corporates

US20271RAD26 BDZMP73 0.85 $255,884 2.50 Sep 20, 2018 3.56 101.74 2.02 - 2.02 AA- 255,884.13
holding-image

MEDCO HEALTH SOLUTIONS INC

Corporates

US58405UAD46 B2QF6T3 0.78 $235,436 7.13 Mar 15, 2018 2.91 115.88 2.04 - 2.04 BBB 235,435.67
holding-image

UBS AG STAMFORD CT

Corporates

US90261XEM02 B8K89K2 0.76 $229,199 5.88 Dec 20, 2017 2.72 111.69 1.86 - 1.86 A 229,199.12
holding-image

FORD MOTOR CREDIT CO

Corporates

US345397VP55 B4MF5P0 0.76 $227,969 6.63 Aug 15, 2017 2.43 111.72 2.07 - 2.07 BBB- 227,969.38
holding-image

CREDIT SUISSE NEY YORK

Corporates

US22541HCC43 B2PP3L5 0.75 $226,950 6.00 Feb 15, 2018 2.87 111.43 2.23 - 2.23 BBB 226,950.00
Name ISIN SEDOL Sector Weight (%) Market Value Coupon (%) Maturity Duration Price YTM (%) Yield to Call (%) Yield to Worst (%) Barcap Rating Notional Value
Holdings are subject to change.

Exposure Breakdowns

as of 18-Dec-2014

% of Market Value

Banking

38.62%

Consumer Non-Cyclical

13.80%

Communications

8.25%

Energy

7.60%

Consumer Cyclical

6.57%

Technology

5.79%

Capital Goods

4.31%

Basic Industry

3.83%

Finance Companies

3.61%

Insurance

3.11%

Electric

1.28%

Cash and/or Derivatives

0.90%

Reits

0.73%

Brokerage/Asset Managers/Exchanges

0.52%

OWNED NO GUARANTEE

0.51%

Transportation

0.38%

Natural Gas

0.20%

Utility Other

-

Financial Other

-

Industrial Other

-

as of 18-Dec-2014

  • 38
  • 31
  • 23
  • 15
  • 08
  • 0

0.90

15.23

21.01

24.74

38.13

  • Cash and/or Derivatives

  • 0 - 1 Year

  • 1 - 2 Years

  • 2 - 3 Years

  • 3 - 5 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 18-Dec-2014

% of Market Value

Cash and/or Derivatives

0.90%

AAA Rated

1.01%

AA Rated

15.55%

A Rated

54.37%

BBB Rated

28.07%

BB Rated

0.11%

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. "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 are subject to change.

KEY FACTS

Net Assets

as of 19-Dec-2014

$30,072,424
Inception Date Oct 15, 2013
Exchange NYSE Arca
Asset Class Fixed Income
Benchmark Index Markit iBoxx USD Liquid Investment Grade 0-5 Index
Index Ticker IBXXSIG1

Fund Credit Rating - S&P   BBB+f

Shares Outstanding 600,000
Number of Holdings

as of 18-Dec-2014

377
CUSIP 46434V100
Closing Price  

as of 19-Dec-2014

50.18
20 Day Avg. Volume   2,120
Premium/Discount  

as of 19-Dec-2014

0.20%
Options Available No

FEES as of 31-Oct-2013

Expense Ratio  

0.15%

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

NAIC Designated (Schedule D Eligible)

PORTFOLIO CHARACTERISTICS

Equity Beta  

as of 28-Nov-2014

0.04
Standard Deviation (3y)  

as of -

-

12m Trailing Yield  

as of 18-Dec-2014

1.23%
Distribution Yield  

as of 18-Dec-2014

1.30%
30 Day SEC Yield  

as of 18-Dec-2014

1.36%

Weighted Avg Coupon  

as of 18-Dec-2014

3.11%
Weighted Average Life  

as of 18-Dec-2014

2.50 yrs
Effective Duration  

as of 18-Dec-2014

2.36 yrs
Weighted Avg YTM  

as of 18-Dec-2014

1.61%
Option Adjusted Spread  

as of 18-Dec-2014

72 bps

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.

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.

©2014 BlackRock, Inc. All rights reserved. BLACKROCK, BLACKROCK SOLUTIONS, BUILD ON BLACKROCK, ALADDIN, iSHARES, iBONDS, iTHINKING, iSHARES CONNECT, LIFEPATH, SO WHAT DO I DO WITH MY MONEY, INVESTING FOR A NEW WORLD, BUILT FOR THESE TIMES, 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