Fixed Income

NEAR

BlackRock Short Maturity Bond ETF ACTIVE

Overview

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Performance

Performance

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Distributions

Record Date Ex-Date Total Distribution
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Premium/Discount

  From
31/Mar/2016
To
31/Mar/2017
From
31/Mar/2017
To
31/Mar/2018
From
31/Mar/2018
To
31/Mar/2019
From
31/Mar/2019
To
31/Mar/2020
From
31/Mar/2020
To
31/Mar/2021
Total Return (%)

as of 31/Mar/2021

1.52 1.42 2.61 -0.86 4.83
  1y 3y 5y 10y Incept.
4.83 2.17 1.89 - 1.53
Market Price (%)

as of 31/Mar/2021

4.79 2.15 1.89 - 1.53
After Tax Pre-Liq. (%)

as of 31/Mar/2021

4.27 1.29 1.13 - 0.91
After Tax Post-Liq. (%)

as of 31/Mar/2021

2.86 1.28 1.11 - 0.90
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
0.19 0.00 0.19 0.60 4.83 6.65 9.81 - 12.11
Market Price (%)

as of 31/Mar/2021

0.21 0.04 0.21 0.66 4.79 6.60 9.81 - 12.12
After Tax Pre-Liq. (%)

as of 31/Mar/2021

0.12 -0.03 0.12 0.40 4.27 3.93 5.76 - 7.03
After Tax Post-Liq. (%)

as of 31/Mar/2021

0.11 0.00 0.11 0.35 2.86 3.90 5.68 - 6.94
  2016 2017 2018 2019 2020
Total Return (%) 1.42 1.55 1.71 3.47 1.43
Market Price (%) 1.42 1.41 1.75 3.51 1.39

The figures shown relate to past performance. Past performance is not a reliable indicator of current or 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 Share Class 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

Key Facts

Key Facts

Net Assets as of 09/Apr/2021 USD 4,727,594,740
Size of Fund (Millions) USD 4,727.59
Base Currency U.S. Dollar
Share Class launch date 25/Sep/2013
Asset Class Fixed Income
Domicile United States
Benchmark Index N/A
Premium/Discount as of 09/Apr/2021 -0.01%
30 Day Avg. Volume as of 09/Apr/2021 697,083.00
30 Day Median Bid/Ask Spread as of 09/Apr/2021 0.02

Portfolio Characteristics

Portfolio Characteristics

Shares Outstanding as of 09/Apr/2021 94,250,000
Number of Holdings as of 09/Apr/2021 285
Benchmark Level as of 05/Oct/2012 USD 122.12
Total Net Assets as of 09/Apr/2021 USD 4,727,594,740.28
Benchmark Ticker -
Distribution Yield as of 08/Apr/2021 0.84%
Weighted Avg YTM as of 09/Apr/2021 0.75%
Weighted Avg Coupon as of 09/Apr/2021 1.85%
Fiscal Year End -
Effective Duration as of 09/Apr/2021 0.71
Weighted Avg Maturity as of 09/Apr/2021 1.26 yrs

Sustainability Characteristics

Sustainability Characteristics

Sustainability Characteristics can help investors integrate non-financial, sustainability considerations into their investment process. These metrics enable investors to evaluate funds based on their environmental, social, and governance (ESG) risks and opportunities. This analysis can provide insight into the effective management and long-term financial prospects of a fund.


The metrics below have been provided for transparency and informational purposes only. The existence of an ESG rating is not indicative of how or whether ESG factors will be integrated into a fund. The metrics are based on MSCI ESG Fund Ratings 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 Sustainability Characteristics, using links below.

MSCI ESG Fund Rating (AAA-CCC) as of 07/Apr/2021 A
MSCI ESG Quality Score (0-10) as of 07/Apr/2021 6.33
MSCI ESG Quality Score - Peer Percentile as of 07/Apr/2021 45.99
MSCI ESG % Coverage as of 07/Apr/2021 75.14
Fund Lipper Global Classification as of 07/Apr/2021 Bond USD Short Term
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of 07/Apr/2021 132.96
Funds in Peer Group as of 07/Apr/2021 137
All data is from MSCI ESG Fund Ratings as of 07/Apr/2021, based on holdings as of 28/Feb/2021. 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 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.

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 09/Apr/2021 0.35%
MSCI - UN Global Compact Violators as of 09/Apr/2021 4.83%
MSCI - Nuclear Weapons as of 09/Apr/2021 0.35%
MSCI - Thermal Coal as of 09/Apr/2021 0.00%
MSCI - Civilian Firearms as of 09/Apr/2021 0.00%
MSCI - Oil Sands as of 09/Apr/2021 0.43%
MSCI - Tobacco as of 09/Apr/2021 1.06%

Business Involvement Coverage as of 09/Apr/2021 71.41%
Percentage of Fund not covered as of 09/Apr/2021 28.59%
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 0.43%.

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.

ESG Integration

ESG Integration

ESG integration is the practice of incorporating material environmental, social and governance (ESG) information or insights alongside traditional measures into the investment decision process to improve long term financial outcomes of portfolios. Unless otherwise stated in Fund documentation or included within the Fund’s investment objective, inclusion of this statement does not imply that the Fund has an ESG-aligned investment objective, but rather describes how ESG information is considered as part of the overall investment process.


The Fund manager includes ESG considerations in combination with other information in the research and due diligence phase of the investment process. ESG information may be sourced internally, via collaboration with the BlackRock Investment Stewardship team in engaging issuers on material environmental, social or governance topics, or from third-party providers. The Fund manager’s ongoing monitoring of the portfolio involves regular portfolio risk reviews with the Risk and Quantitative Analysis group. These reviews include discussion of the portfolio’s exposure to material ESG risks, as well as exposure to sustainability-related business involvements, climate-related metrics, and other factors.

Fees

Fees

as of current prospectus
Management Fee 0.25
Acquired Fund Fees and Expenses 0.01
Foreign Taxes and Other Expenses 0.00
Gross Expense Ratio 0.26
Fee Waivers 0.01
Net Expense Ratio 0.25

Registered Locations

Registered Locations

  • United States

Holdings

Holdings

as of 09/Apr/2021
Ticker ISIN Name Sector Location Asset Class Nominal Market Value Weight (%) Price Exchange Maturity Coupon (%) Market Currency Duration Notional Value
as of 09/Apr/2021
Issuer Weight (%)
BANK OF AMERICA CORP 2.36
ABBVIE INC 2.30
VOLKSWAGEN GROUP OF AMERICA FINANCE LLC 2.08
CITIGROUP INC 1.82
GENERAL MOTORS FINANCIAL CO INC 1.81
Issuer Weight (%)
DAIMLER FINANCE NORTH AMERICA LLC 1.80
GOLDMAN SACHS GROUP INC/THE 1.78
CHARTER COMMUNICATIONS OPERATING LLC 1.68
MORGAN STANLEY 1.53
NEXTERA ENERGY CAPITAL HOLDINGS INC 1.52
Issuer Ticker Name Asset Class Weight (%) Price Nominal Market Value Notional Value Sector ISIN Coupon (%) Maturity Exchange Location Market Currency Duration
Detailed Holdings and Analytics contains detailed portfolio holdings information and select analytics.

Non-U.S. securities whose values are affected by volatility that occurs in global markets or in related or highly correlated assets (e.g., American Depositary Receipts, Global Depositary Receipts or substantially identical ETFs) on a trading day after the close of non-U.S. securities markets may be fair valued. On days where non-U.S. securities markets are closed, BlackRock Fund Advisors, an affiliate of BlackRock Investments, LLC, will determine the fair value of the stocks traded on that local market, in accordance with policies and procedures approved by the Fund’s Board of Directors/Trustees. Fair value adjustments may be calculated by referring to instruments and markets that have continued to trade, such as exchange-traded funds, correlated stock market indices or index futures. 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 09/Apr/2021

% of Market Value

Type Fund
Geographic exposure relates principally to the domicile of the issuers of the securities held in the product, added together and then expressed as a percentage of the product’s total holdings. However, in some instances it can reflect the location where the issuer of the securities carries out much of their business.
as of 09/Apr/2021

% of Market Value

Type Fund
as of 09/Apr/2021

% of Market Value

Type Fund
Maturity is provided in days. Maturity exposure is calculated by aggregating the percent par of holdings of individual securities in the portfolio by the legal final maturity date, or for securities that have a demand feature, the date in which the demand feature is exercised and proceeds received. The values reported include cash, accrued income, and/or payables/receivables which may result in negative weightings may result from specific circumstances (including timing differences between trade and settle dates of securities purchased by the funds).
as of 09/Apr/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.

Listings

Exchange Ticker Currency Listing Date SEDOL Bloomberg Ticker RIC Bloomberg INAV Reuters INAV ISIN WKN Valor Common Code (EOC) ISIN of INAV
Cboe BZX formerly known as BATS NEAR USD 26/Sep/2013 - NEAR - - - US46431W5076 - 22436773 - -

Literature

Literature