Fixed Income

MBB

iShares MBS ETF

  • NAV as of Jun 11, 2021 USD 108.44
    52 WK: 108.19 - 111.06
  • 1 Day NAV Change as of Jun 11, 2021 -0.06 (-0.05%)
  • NAV Total Return as of Jun 10, 2021 YTD: -0.69%
  • Fees as stated in the prospectus Expense Ratio: 0.07%
    Net Expense Ratio: 0.06%

Overview

Why MBB?

1. Exposure to broad range of U.S. mortgage-backed bonds, including those issued by government sponsored enterprises such as Ginnie Mae, Fannie Mae, and Freddie Mac

 

2. Access to the domestic mortgage-backed bond market in a single fund

 

3. Use to seek income

Investment Objective

The iShares MBS ETF (MBB) seeks to track the investment results of an index composed of investment-grade mortgage-backed pass-through securities issued and/or guaranteed by U.S. government agencies.
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Performance

Performance

Growth of Hypothetical 10,000

Performance chart data not available for display.
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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 figures shown relate to past performance. Past performance is not a reliable indicator of future results and should not be the sole factor of consideration when selecting a product or strategy.

Share Class and Benchmark performance displayed in USD, hedged fund benchmark performance is displayed in USD.

Performance is shown on a Net Asset Value (NAV) basis, with gross income reinvested where applicable. Performance data is based on the net asset value (NAV) of the ETF which may not be the same as the market price of the ETF. Individual shareholders may realize returns that are different to the NAV performance.

The return of your investment may increase or decrease as a result of currency fluctuations if your investment is made in a currency other than that used in the past performance calculation. Source: BlackRock

Distributions

Ex-Date Total Distribution Income
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Distributions Schedule
Record Date Ex-Date Payable Date Total Distribution Income ST Cap Gains LT Cap Gains Return on Capital

Premium/Discount

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  1Y 3Y 5Y 10y Incept.
Total Return (%) 0.24 3.73 2.30 2.64 3.52
Market Price (%) 0.13 3.73 2.30 2.63 3.52
Benchmark (%) -0.09 3.75 2.43 2.83 3.80
After Tax Pre-Liq. (%) -0.58 2.69 1.27 1.68 2.37
After Tax Post-Liq. (%) 0.15 2.41 1.31 1.62 2.26
  YTD 1m 3M 6M 1Y 3Y 5Y 10y Incept.
Total Return (%) -1.18 -0.57 -1.18 -0.92 0.24 11.60 12.06 29.72 62.61
Market Price (%) -1.20 -0.49 -1.20 -0.92 0.13 11.61 12.02 29.65 62.55
Benchmark (%) -1.10 -0.51 -1.10 -0.86 -0.09 11.67 12.73 32.23 68.97
After Tax Pre-Liq. (%) -1.32 -0.65 -1.32 -1.27 -0.58 8.27 6.52 18.17 38.90
After Tax Post-Liq. (%) -0.70 -0.34 -0.70 -0.54 0.15 7.40 6.71 17.41 36.95
  2016 2017 2018 2019 2020
Total Return (%) 1.28 2.37 0.81 6.27 4.03
Market Price (%) 1.23 2.51 0.80 6.24 4.04
Benchmark (%) 1.67 2.47 0.99 6.35 3.87
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.

Key Facts

Key Facts

Net Assets as of Jun 11, 2021 USD 25,646,632,056
Inception Date Mar 13, 2007
Exchange NASDAQ
Asset Class Fixed Income
Benchmark Index Bloomberg Barclays US Mortgage Backed Securities Index
Bloomberg Index Ticker LUMSTRUU
Shares Outstanding as of Jun 11, 2021 236,500,000
Number of Holdings as of Jun 11, 2021 9753
Premium/Discount as of Jun 11, 2021 0.01%
CUSIP 464288588
Closing Market Price as of Jun 11, 2021 108.46
Mid-Point Market Price as of Jun 11, 2021 108.45
Options Available Yes
Premium/Discount as of Jun 11, 2021 0.02
30 Day Avg. Volume as of Jun 11, 2021 1,004,186.00
30 Day Median Bid/Ask Spread as of Jun 11, 2021 0.01
Volume - 1d as of Jun 11, 2021 611,295.00

Portfolio Characteristics

Portfolio Characteristics

Equity Beta (3y) as of May 31, 2021 -0.02
Standard Deviation (3y) as of May 31, 2021 2.06%
12m Trailing Yield as of Jun 10, 2021 1.88%
30 Day SEC Yield as of Jun 10, 2021 1.09%
Unsubsidized 30-Day SEC Yield as of Jun 10, 2021 1.08%
Weighted Avg Coupon as of Jun 11, 2021 3.43%
Effective Duration as of Jun 11, 2021 4.47 yrs
Weighted Avg Maturity as of Jun 11, 2021 4.98 yrs
Convexity as of Jun 11, 2021 -1.40
Option Adjusted Spread as of Jun 11, 2021 9
Average Yield to Maturity as of Jun 11, 2021 1.57%

Sustainability Characteristics

Sustainability Characteristics

To be included in MSCI ESG Fund Ratings, 65% of the fund’s gross weight must come from securities covered by MSCI ESG Research (certain cash positions and other asset types deemed not relevant for ESG analysis by MSCI are removed prior to calculating a fund’s gross weight; the absolute values of short positions are included but treated as uncovered), the fund’s holdings date must be less than one year old, and the fund must have at least ten securities. For newly launched funds, sustainability characteristics are typically available 6 months after launch. MSCI Ratings are currently unavailable for this fund.

Business Involvement

Business Involvement

Business Involvement metrics can help investors gain a more comprehensive view of specific activities in which a fund may be exposed through its investments.


Business Involvement metrics are not indicative of a fund’s investment objective, and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a fund. For more information regarding a fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodology behind the Business Involvement metrics, using links below.

MSCI - Controversial Weapons as of Jun 11, 2021 0.00%
MSCI - UN Global Compact Violators as of Jun 11, 2021 0.00%
MSCI - Nuclear Weapons as of Jun 11, 2021 0.00%
MSCI - Thermal Coal as of Jun 11, 2021 0.00%
MSCI - Civilian Firearms as of Jun 11, 2021 0.00%
MSCI - Oil Sands as of Jun 11, 2021 0.00%
MSCI - Tobacco as of Jun 11, 2021 0.00%
Business Involvement Coverage as of Jun 11, 2021 11.74%
Percentage of Fund not covered as of Jun 11, 2021 88.26%
BlackRock business involvement exposures as shown above for Thermal Coal and Oil Sands are calculated and reported for companies that generate more than 5% of revenue from thermal coal or oil sands as defined by MSCI ESG Research. For the exposure to companies that generate any revenue from thermal coal or oil sands (at a 0% revenue threshold), as defined by MSCI ESG Research, it is as follows: Thermal Coal 0.00% and for Oil Sands 0.00%.

Business Involvement metrics are calculated by BlackRock using data from MSCI ESG Research which provides a profile of each company’s specific business involvement. BlackRock leverages this data to provide a summed up view across holdings and translates it to a fund's market value exposure to the listed Business Involvement areas above.


Business Involvement metrics are designed only to identify companies where MSCI has conducted research and identified as having involvement in the covered activity. As a result, it is possible there is additional involvement in these covered activities where MSCI does not have coverage. This information should not be used to produce comprehensive lists of companies without involvement. Business Involvement metrics are only displayed if at least 1% of the fund’s gross weight includes securities covered by MSCI ESG Research.

Fees

Fees

as of current prospectus
Management Fee 0.06
Acquired Fund Fees and Expenses