Yield
as of 5/16/2013
View all distributions
| Description |
% |
|
30-Day SEC Yield
30-Day SEC Yield
A standard yield calculation developed by the Securities and Exchange Commission that allows for fairer comparisons among bond funds. It is based on the most recent 30-day period. This yield figure reflects the interest earned during the period after deducting the fund's expenses for the period.
For funds holding To-Be-Announced (TBA) contracts, the 30 day SEC yield includes income earned on cash holdings and direct holdings of mortgage pools, net of fund expenses . Certain funds obtain a significant amount of its mortgage market exposure through TBA transactions. Those Funds invest cash pending settlement of any TBA transactions in high-quality, liquid short-term instruments. TBA contracts provide the fund with economic exposure to the mortgage market. The income that they generate is paid out in fund distributions but is not included in the SEC yield calculation. As a result, for funds holding TBA contracts, the SEC yield will generally be below the stated fund distribution yield.
|
5.57%
|
|
Average Yield to Maturity
Average Yield to Maturity
Yield to Maturity (YTM) is the discount rate that equates the present value of a bond's cash flows with its market price (including accrued interest). The Fund Average YTM is the weighted average of the fund's individual bond holding YTMs based upon Net Asset Value ('NAV'). The measure does not include fees and expenses.
|
0.69%
|
|
Average Real Yield to Maturity
Average Real Yield to Maturity
Real Yield to Maturity is the discount rate that equates the present value of an inflation-linked bond's cash flows with its market price (including accrued interest, but excluding inflation). This yield does not include any change in the bond value or interest payments as a result of inflation. If the Consumer Price Index increases (decreases), the investor would experience a YTM higher (lower) than the Real YTM. The fund's Average Real YTM is the weighted average of the fund's individual bond holding Real YTMs. The measure does not include fees and expenses.
|
-1.10%
|
|
Distribution Yield
Distribution Yield
The annual yield an investor would receive if the most recent fund distribution stayed the same going forward. The yield represents a single distribution from the fund and does not represent the total return of the fund. The yield is calculated by annualizing the most recent distribution and dividing by the fund NAV from the as-of date.
|
1.30%
|
|
12-Month Yield
12-Month Yield
The yield an investor would have received if they had held the fund over the last twelve months assuming the most recent NAV. The 12-Month yield is calculated by summing any income distributions over the past twelve months and dividing by the sum of the most recent NAV and any capital gain distributions made over the past twelve months.
as of 5/16/2013
|
0.92%
|
Fundamentals
as of 5/16/2013
| Description |
Value |
|
Weighted Average Maturity
Weighted Average Maturity
The mean of the remaining term to maturity of the underlying bonds in a portfolio.
|
2.55 yr |
|
Weighted Average Coupon
Weighted Average Coupon
The mean of the coupon rate of the underlying bonds in a portfolio.
|
1.30% |
|
Real Yield Duration
Real Yield Duration
A measure of the potential responsiveness of an inflation-linked bond or portfolio price to small parallel shifts in real interest rates (as opposed to nominal interest rates).
|
2.53
|
|
Standard Deviation (3 year)
Standard Deviation
The Standard Deviation is the statistical measure of the degree to which an individual value in a probability distribution tends to vary from the mean of the distribution. It is widely applied in modern portfolio theory, where the past performance of securities is used to determine the range of possible future performance, and a probability is attached to each performance.
as of 4/30/2013
|
--
|
Avg. Annualized Total Returns (NAV)
qtr. as of 3/31/2013
View all performance
| |
1 Year |
3 Years |
5 Years |
10 Years |
Since Inception |
| STIP |
1.24% |
-- |
-- |
-- |
3.06% |
| Index
Index
Barclays U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index (Series-L)
|
1.44% |
-- |
-- |
-- |
3.28% |
Sector Breakdown
as of 5/16/2013*
View all holdings
| Sector |
% of Fund |
|
|
Treasuries
99.61%
|
|
|
S-T Securities
0.02%
|
|
Other/Undefined
0.37%
|
| |
| |
| |
Maturity
as of 5/16/2013
View all holdings
| Time to Maturity |
% of Fund |
| 0-1 Years | 18.50% |
| 1-5 Years | 81.12% |
| 5-10 Years | 0.00% |
| 10-15 Years | 0.00% |
| 15-20 Years | 0.00% |
| 20-25 Years | 0.00% |
| 25 Years and Over | 0.00% |
| Average | 2.55 years |
Top Holdings
as of 5/16/2013*
View all holdings
| Name |
% of Fund |
Coupon |
Maturity |
Moody's/S&P Rating |
| TREASURY (CPI) NOTE |
14.53% |
0.12 |
4/15/2017 |
Aaa /AA+ |
| TREASURY (CPI) NOTE |
12.56% |
0.12 |
4/15/2016 |
Aaa /AA+ |
| TREASURY (CPI) NOTE |
7.52% |
2.00 |
7/15/2014 |
Aaa /AA+ |
| TREASURY (CPI) NOTE |
7.31% |
2.00 |
1/15/2014 |
Aaa /AA+ |
| TREASURY (CPI) NOTE |
6.84% |
2.38 |
1/15/2017 |
Aaa /AA+ |
| TREASURY (CPI) NOTE |
6.22% |
1.62 |
1/15/2015 |
Aaa /AA+ |
| TREASURY (CPI) NOTE |
6.19% |
1.88 |
7/15/2013 |
P-1 /A-1+ |
| TREASURY (CPI) NOTE |
6.13% |
0.50 |
4/15/2015 |
Aaa /AA+ |
| TREASURY (CPI) NOTE |
5.81% |
2.50 |
7/15/2016 |
Aaa /AA+ |
| TREASURY (CPI) NOTE |
5.37% |
2.62 |
7/15/2017 |
Aaa /AA+ |
| Total | 78.47% | |
Profile
as of 5/17/2013
| Description |
Value |
| Total Net Assets | $603,313,048 |
|
Expense Ratio
|
0.20%
|
| Shares Outstanding | 5,900,000 |
Number of Holdings as of 5/16/2013 |
16
|
|
Fund Credit Rating - S&P**
Fund Credit Rating - S&P
The purpose of the ratings is to provide investors with a simple system of gradation by which relative creditworthiness of a fund's securities may be noted. The ratings shown are provided by S&P.
|
AAf |
| Inception Date | 12/1/2010 |
| Index | Barclays U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index (Series-L) |
| Index Ticker | LTP5TRUU |
Net Asset Value as of 5/17/2013 |
$102.26
|
Price as of 5/17/2013 |
$102.34
|
|
|
Credit Ratings
as of 5/16/2013
S&P/Moody's |
S&P |
Moody's |
| AAA/Aaa |
0.00% |
93.44% |
| AA+/Aa1 |
93.43% |
0.00% |
| AA/Aa2 |
0.02% |
0.00% |
| AA-/Aa3 |
0.00% |
0.00% |
| A+/A1 |
0.00% |
0.00% |
| A/A2 |
0.00% |
0.00% |
| A-/A3 |
0.00% |
0.00% |
| BBB+/Baa1 |
0.00% |
0.00% |
| BBB/Baa2 |
0.00% |
0.00% |
| BBB-/Baa3 |
0.00% |
0.00% |
| BB+/Ba1 |
0.00% |
0.00% |
| BB/Ba2 |
0.00% |
0.00% |
| BB-/Ba3 |
0.00% |
0.00% |
| B+/B1 |
0.00% |
0.00% |
| B/B2 |
0.00% |
0.00% |
| B-/B3 |
0.00% |
0.00% |
| CCC+/Caa1 |
0.00% |
0.00% |
| CCC/Caa2 |
0.00% |
0.00% |
| CCC-/Caa3 |
0.00% |
0.00% |
| CC/Ca |
0.00% |
0.00% |
| C/C |
0.00% |
0.00% |
| R/-- |
0.00% |
-- |
| SD/-- |
0.00% |
-- |
| D/-- |
0.00% |
-- |
| Not Rated |
0.00% |
0.00% |
| Other |
6.56% |
6.56% |
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** For more information on S&P fund credit ratings, please click here.
The 30-Day SEC Yield is adjusted daily based on changes in the rate of inflation, as provided by the US Treasury schedule that reflects how the monthly Consumer Price Index (CPI) is accrued daily. An exceptionally high 30-Day SEC yield may be attributable to a rise in the inflation rate, which might not be repeated.
Carefully consider the iShares Funds' investment objectives, risk factors, and charges and expenses before investing. This and other information can be found in the Funds' prospectuses, which may be obtained by calling 1-800-iShares (1-800-474-2737), or by viewing or downloading a prospectus. Read the prospectus carefully before investing.
Investing involves risk, including possible loss of principal.
Certain iShares funds are subject to management fee breakpoints as assets increase. The breakpoints take effect immediately after asset tier levels are reached, thus a fund's actual management fee being applied may not match the fund's web site or prospectus on a given day.
‡ “Acquired Fund Fees and Expenses” reflect the Fund's pro rata share of the indirect fees and expenses incurred by investing in one or more acquired funds, such as mutual funds, business development companies, or other pooled investment vehicles. Acquired Fund Fees and Expenses are reflected in the prices of the acquired funds and thus included in the total returns of the Fund.
The iShares Funds ("Funds") are distributed by BlackRock Investments, LLC (together with its affiliates, "BlackRock").
Bonds and bond funds will decrease in value as interest rates rise.
An investment in the fund(s) is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.
TIPS can provide investors a hedge against inflation, as the inflation adjustment feature helps preserve the purchasing power of the investment. Because of this inflation adjustment feature, inflation protected bonds typically have lower yields than conventional fixed rate bonds and will likely decline in price during periods of deflation, which could result in losses. Government backing applies only to government issued securities, not iShares exchange traded funds.
Index returns are for illustrative purposes only and do not represent actual iShares performance. 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.
The iShares Funds are not sponsored, endorsed or issued by Barclays Capital Inc. This company does not make any representation regarding the advisability of investing in the Funds. BlackRock is not affiliated with the company listed above.
Shares of iShares Funds are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns.
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.
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