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.

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

Past distributions are not indicative of future distributions.
Click here, for the most recent 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 28-Apr-2016

Issuer Weight (%)

as of 29-Apr-2016

ISIN Name Sector SEDOL Market Value Weight (%) Price Maturity Coupon (%) Duration Notional Value YTM (%) Yield to Call (%) Yield to Worst (%) Par Value
US46623EJZ34 JPMORGAN CHASE & CO MTN Banking BJFGP88 $38,501,683 1.23 100.03 Feb 15, 2017 1.14 0.05 38,501,682.69 1.14 - 1.14 38,400,000.00
US63983TAN54 NEDERLANDSE WATERSCHAPSBANK NV MTN 144A Owned No Guarantee BJTD8P3 $30,816,111 0.98 100.04 Feb 14, 2018 0.85 0.05 30,816,111.00 0.86 - 0.86 30,750,000.00
US0669224778 BLK CSH FND TREASURY SL AGENCY Cash and/or Derivatives - $30,718,238 0.98 1.00 - 0.44 0.00 30,718,237.50 0.44 - 0.44 30,718,238.00
US38141EB735 GOLDMAN SACHS & CO MTN Banking BGHVV37 $28,318,455 0.90 100.25 Nov 15, 2018 1.72 0.06 28,318,455.45 1.67 - 1.67 28,150,000.00
US46625HJF82 JPMORGAN CHASE & CO Banking B8F3JG8 $26,996,228 0.86 100.43 Jan 25, 2018 1.54 0.24 26,996,227.75 1.31 - 1.31 26,875,000.00
US46625HKB59 JPMORGAN CHASE & CO Banking - $23,026,843 0.73 100.10 Jan 23, 2020 1.59 0.24 23,026,842.87 1.59 - 1.59 23,000,000.00
US38141GVK74 GOLDMAN SACHS GROUP INC/THE Banking B90YP43 $22,314,552 0.71 100.52 Apr 30, 2018 1.82 0.26 22,314,551.78 1.60 - 1.60 22,200,000.00
US94988J2K25 WELLS FARGO BANK NA Banking BSMWJS0 $21,823,157 0.70 100.03 Jun 2, 2016 0.78 0.09 21,823,157.21 0.51 - 0.51 21,790,000.00
US2027A0GW36 COMMONWEALTH BANK OF AUSTRALIA 144A Banking BDZMP62 $20,335,157 0.65 100.18 Sep 20, 2016 1.12 0.14 20,335,156.87 0.70 - 0.70 20,275,000.00
US94988J5B98 WELLS FARGO BANK NA MTN Banking BZ82WP1 $20,100,147 0.64 100.47 Jan 22, 2018 1.38 0.23 20,100,147.41 1.12 - 1.12 20,000,000.00
Name Asset Class Weight (%) Price Market Value Notional Value Sector SEDOL ISIN Coupon (%) Maturity YTM (%) Yield to Call (%) Yield to Worst (%) Duration Par Value
Holdings are subject to change.

Exposure Breakdowns

as of 28-Apr-2016

% of Market Value

Banking

52.5%

Supranational

8.4%

Owned No Guarantee

8.4%

Consumer Cyclical

7.3%

Consumer Non-Cyclical

4.4%

Technology

4.0%

Energy

3.9%

Communications

2.8%

Insurance

2.5%

Capital Goods

1.8%

Government Guaranteed

1.7%

Cash and/or Derivatives

0.7%

Basic Industry

0.7%

Local Authority

0.6%

Finance Companies

0.2%

Brokerage/Asset Managers/Exchanges

0.1%

Electric

0.1%

Transportation

0.1%

as of 28-Apr-2016

  • 35
  • 28
  • 21
  • 14
  • 07
  • 0

0.71

35.05

25.53

23.10

15.60

  • Cash and Derivatives

  • 0 - 1 Years

  • 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 28-Apr-2016

% of Market Value

Cash and/or Derivatives

0.7%

AAA Rated

13.6%

AA Rated

27.2%

A Rated

44.5%

BBB Rated

14.0%

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 02-May-2016

$3,134,188,494
Inception Date Jun 14, 2011
Exchange NYSE Arca
Asset Class Fixed Income
Benchmark Index Barclays US Floating Rate Note < 5 Years Index
Index Ticker BFU5TRUU

Expense Ratio

as stated in the prospectus

0.20%

Shares Outstanding

as of 02-May-2016

62,100,000
Number of Holdings  

as of 29-Apr-2016

450
Premium/Discount  

as of 02-May-2016

-0.04%
CUSIP 46429B655
Closing Price  

as of 02-May-2016

50.44
Mid-Point Price  

as of 02-May-2016

50.45
Options Available Yes
20 Day Avg. Volume  

as of 02-May-2016

48,334
Daily Volume  

as of 02-May-2016

43,067

PORTFOLIO CHARACTERISTICS

Equity Beta  

as of 31-Mar-2016

0.02
Standard Deviation (3y)  

as of 31-Mar-2016

0.32%

Distribution Yield  

as of 29-Apr-2016

0.73%
Weighted Avg YTM  

as of 28-Apr-2016

1.21%
12m Trailing Yield  

as of 29-Apr-2016

0.58%
30 Day SEC Yield  

as of 29-Apr-2016

1.02%

Weighted Avg Coupon  

as of 28-Apr-2016

1.17%
Effective Duration  

as of 28-Apr-2016

0.15 yrs
Weighted Avg Maturity  

as of 28-Apr-2016

1.77 yrs
Option Adjusted Spread  

as of 28-Apr-2016

73 bps

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

FEES as of current prospectus

Expense Ratio   0.20%
Management Fee 0.20%
Acquired Fund Fees and Expenses   0.00%
Foreign Taxes and Other Expenses 0.00%

More Products

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.

Securities with floating or variable interest rates may decline in value if their coupon rates do not keep pace with comparable market interest rates. The Fund’s income may decline when interest rates fall because most of the debt instruments held by the Fund will have floating or variable rates.

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.

Options involve risk and are not suitable for all investors. Prior to buying or selling an option, a person must receive a copy of "Characteristics and Risks of Standardized Options." Copies of this document may be obtained from your broker, from any exchange on which options are traded or by contacting The Options Clearing Corporation, One North Wacker Dr., Suite 500, Chicago, IL 60606 (1-888-678-4667). The document contains information on options issued by The Options Clearing Corporation. The document discusses exchange traded options issued by The Options Clearing Corporation and is intended for educational purposes. No statement in the document should be construed as a recommendation to buy or sell a security or to provide investment advice.

If you need further information, please feel free to call the Options Industry Council Helpline. They will be able to provide you with balanced options education and tools to assist you with your iShares options questions and trading. The Options Industry Council Helpline phone number is 1-888-Options (1-888-678-4667) and its website is www.888options.com.

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, Interactive Data, JPMorgan Chase & Co., Japan Exchange Group, 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 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 or FTSE EPRA/NAREIT Global REIT 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.

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