Fixed Income

GOVZ

iShares 25+ Year Treasury STRIPS Bond ETF

Overview

Important Information: Capital at Risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested.
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Performance

Performance

  1Y 3Y 5Y 10y Incept.
-23.94 - - - -21.98
  YTD 1m 3M 1Y 3Y 5Y 10y Incept.
-28.60 -1.41 -18.00 -23.94 - - - -35.60
  2017 2018 2019 2020 2021
Total Return (%) - - - - -4.99
Benchmark (%) - - - - -4.99
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.

Cum. Fund Perf. Since Inception: -34.03

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

Interactive chart displaying fund performance. Javascript is required.

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

Interactive chart displaying fund performance. Javascript is required.

Year Total Distribution Income ST Cap Gains LT Cap Gains

Key Facts

Key Facts

Net Assets as of Aug 16, 2022 USD 336,618,700
Size of Fund (Millions) USD 336.619
Base Currency U.S. Dollar
Inception Date Sep 22, 2020
Asset Class Fixed Income
Domicile United States

Sustainability Characteristics

Sustainability Characteristics

Sustainability Characteristics provide investors with specific non-traditional metrics. Alongside other metrics and information, these enable investors to evaluate funds on certain environmental, social and governance characteristics. Sustainability Characteristics do not provide an indication of current or future performance nor do they represent the potential risk and reward profile of a fund. They are provided for transparency and for information purposes only. Sustainability Characteristics should not be considered solely or in isolation, but instead are one type of information that investors may wish to consider when assessing a fund.


This fund does not seek to follow a sustainable, impact or ESG investment strategy. The metrics do not change the fund’s investment objective or constrain the fund’s investable universe, and there is no indication that a sustainable, impact or ESG investment strategy will be adopted by the fund. For more information regarding the fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodologies behind Sustainability Characteristics using the links below.

MSCI ESG Fund Rating (AAA-CCC) as of Jul 21, 2022 A
MSCI ESG % Coverage as of Jul 21, 2022 100.00
MSCI ESG Quality Score (0-10) as of Jul 21, 2022 5.81
MSCI ESG Quality Score - Peer Percentile as of Jul 21, 2022 71.43
Fund Lipper Global Classification as of Jul 21, 2022 Bond USD Government
Funds in Peer Group as of Jul 21, 2022 133
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of - -
MSCI Weighted Average Carbon Intensity % Coverage as of Jul 21, 2022 0.00
All data is from MSCI ESG Fund Ratings as of Jul 21, 2022, based on holdings as of Jun 30, 2022. As such, the fund’s sustainable characteristics may differ from MSCI ESG Fund Ratings from time to time.

To be included in MSCI ESG Fund Ratings, 65% of the fund’s gross weight must come from securities with ESG coverage 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.

Ratings

Holdings

Holdings

as of Aug 15, 2022
Ticker Name Sector Shares Market Value Weight (%) Price Exchange Notional Value
Issuer Ticker Name Weight (%) Price Shares Market Value Notional Value Sector Exchange
Holdings are subject to change

The values shown for “market value,” “weight,” and “notional value” (the “calculated values”) are based off of a price provided by a third-party pricing vendor for the portfolio holding and do not reflect the impact of systematic fair valuation (“the vendor price”). The vendor price is not necessarily the price at which the Fund values the portfolio holding for the purposes of determining its net asset value (the “valuation price”). Additionally, where applicable, foreign currency exchange rates with respect to the portfolio holdings denominated in non-U.S. currencies for the valuation price will be generally determined as of the close of business on the New York Stock Exchange, whereas for the vendor price will be generally determined as of 4 p.m. London. The calculated values may have been different if the valuation price were to have been used to calculate such values. The vendor price is as of the most recent date for which a price is available and may not necessarily be as of the date shown above.

Please see the “Determination of Net Asset Value” section of each Fund’s prospectus for additional information on the Fund’s valuation policies and procedures.

Price Yield Calculator

Price Yield Calculator

The calculator provides clients with an indication of an ETF's yield and duration for a given market price. The ACF Yield is the discount rate that equates the ETF's aggregate cash flows (i.e., the sum of the cash flows of the ETF's holdings) to a given ETF price. The cash flows are based on the yield to worst methodology in which a bond's cash flows are assumed to occur at the call date (if applicable) or maturity, whichever results in the lowest yield for that bond holding. For a given ETF price, this calculator will estimate the corresponding ACF Yield and spread to the relevant government reference security yield. Note that the ACF Yield will differ from the ETF's "Weighted Avg YTM For more information on Aggregate Cash Flow Yield, see info here.

Aug 16, 2022
Price 15.78
3.22
Modified Duration 26.84

Spread of ACF Yield (3.22) over 30.00 yr Treasury Yield (3.11) Aug 16, 2022 is 10.68

Results generated are for illustrative purposes only and are not representative of any specific investments outcome. For standardized performance, please click the ‘returns’ tab above.

Portfolio Managers

Portfolio Managers

Scott Radell
Managing Director, Head of San Francisco Core Portfolio

Scott Radell, Managing Director

Literature

Literature