Fixed Income

USBF

iShares USD Bond Factor ETF

Overview

Loading

Performance

Performance

Growth of Hypothetical $10,000

Performance data is not currently available

Distributions

This fund does not have any distributions.

Premium/Discount

Performance data is not currently available
Performance data is not currently available
Performance data is not currently available
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 of Fund as of Oct 22, 2021 $19,934,902
Fund Launch Date Oct 12, 2021
Exchange NASDAQ
Asset Class Fixed Income
Benchmark Index BlackRock USD Bond Factor Index
Bloomberg Index Ticker USBNDFCT
Shares Outstanding as of Oct 22, 2021 200,000
Distribution Frequency Monthly
Premium/Discount as of Oct 22, 2021 0.12%
CUSIP 46436E452
Closing Price as of Oct 22, 2021 99.80
30 Day Avg. Volume as of Oct 22, 2021 239.00
30 Day Median Bid/Ask Spread as of Oct 22, 2021 0.08%
Daily Volume as of Oct 22, 2021 7.00

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings as of Oct 21, 2021 418
Equity Beta (3y) as of - -
30 Day SEC Yield as of - -
Standard Deviation (3y) as of - -
Weighted Avg Coupon as of Oct 21, 2021 4.58%
Weighted Avg Maturity as of Oct 21, 2021 7.32 yrs
Effective Duration as of Oct 21, 2021 6.27 yrs
Convexity as of Oct 21, 2021 -0.04
Option Adjusted Spread as of Oct 21, 2021 55.06
This information must be preceded or accompanied by a current prospectus. For standardized performance, please see the Performance section above.

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 Oct 21, 2021 1.46%
MSCI - UN Global Compact Violators as of Oct 21, 2021 0.07%
MSCI - Nuclear Weapons as of Oct 21, 2021 1.06%
MSCI - Thermal Coal as of Oct 21, 2021 0.00%
MSCI - Civilian Firearms as of Oct 21, 2021 0.34%
MSCI - Oil Sands as of Oct 21, 2021 0.11%
MSCI - Tobacco as of Oct 21, 2021 0.94%

Business Involvement Coverage as of Oct 21, 2021 55.69%
Percentage of Fund not covered as of Oct 21, 2021 44.31%
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 0.03% and for Oil Sands 0.29%.

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 0.18%
Acquired Fund Fees and Expenses 0.00%
Foreign Taxes and Other Expenses 0.00%
Expense Ratio 0.18%

Ratings

Holdings

Holdings

as of Oct 21, 2021
Issuer Weight (%)
UNIFORM MBS 21.13
UNITED STATES TREASURY 13.17
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION II 5.97
T-MOBILE USA INC 1.71
ORACLE CORPORATION 1.36
Issuer Weight (%)
BOEING CO 1.35
AT&T INC 1.33
BROADCOM INC 1.23
ABBVIE INC 1.22
CVS HEALTH CORP 1.18
Name Sector Asset Class Market Value Weight (%) Notional Value Par Value CUSIP ISIN SEDOL Price Location Exchange Currency Duration YTM (%) FX Rate Maturity Coupon (%) Mod. Duration Yield to Call (%) Yield to Worst (%) Real Duration Real YTM (%) Market Currency Accrual Date Effective Date
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.

Exposure Breakdowns

Exposure Breakdowns

as of Oct 21, 2021

% of Market Value

Type Fund
as of Oct 21, 2021

% of Market Value

Type Fund
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 Oct 21, 2021

% of Market Value

Type Fund
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.

Literature

Literature

Loading fund documents...
No documents found
Checkout {{ translations['submit'][selectedAction] }} {{ responseMessage }} {{ warningMessage }} You have previously requested to be opted out of all BlackRock Literature Services emails. To subscribe, you must opt back in.