S&P Short Term National AMT-Free Municipal Bond Fund (SUB) Inception date: 11/5/2008
| The iShares S&P Short Term National AMT-Free Municipal Bond Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the municipal bond sector of the U.S. market as defined by the S&P Short Term National AMT-Free Municipal Bond Index. |
Top Daily Holdings as of 11/19/2009* | |||||
|---|---|---|---|---|---|
Holding |
% of Fund |
Coupon | Maturity | Moody's/S&P Rating | |
| RICHMOND CNTY GA BRD ED | 2.17% | 5.00 | 10/1/2011 | Aa1 /AA+ | |
| MESA AZ IDA - BANNER HEALTH | 1.76% | 5.62 | 1/1/2029 | NR /A | |
| CALIFORNIA ST | 1.45% | 5.00 | 3/1/2014 | Baa1 /A | |
| NEW JERSEY ECONOMIC DEV AUTH R | 1.36% | 5.00 | 6/15/2024 | Aaa /AAA | |
| SOUTHERN CALIF PUB PWR AUTH PW | 1.33% | 6.75 | 7/1/2010 | A2 /A+ | |
| HENRY CNTY GA SCH DIST | 1.32% | 5.00 | 4/1/2012 | Aa2 /AA+ | |
| PUERTO RICO COMWLTH GOVT DEV BANK | 1.30% | 5.00 | 12/1/2009 | Baa3 /BBB | |
| LA CA USD | 1.23% | 5.00 | 7/1/2023 | Aa3 /AAA | |
| CA ST DEPT WTR RES PWR REV | 1.17% | 5.50 | 5/1/2016 | Aaa /A+ | |
| MORGAN STANLEY TX-EX PORT | 1.17% | 0.14 | NR /NR | ||
| Total | 14.26% | ||||
| *Holdings are subject to change. | |||||
Sector Breakdown as of 11/19/2009 | |||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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Maturity as of 11/19/2009 | |
|---|---|
| 0-1 Years | 14.16% |
| 1-5 Years | 56.06% |
| 5-10 Years | 6.00% |
| 10-15 Years | 7.55% |
| 15-20 Years | 4.30% |
| 20-25 Years | 6.88% |
| 25 Years and Over | 1.99% |
| Average | 2.37 years |
1 Year |
3 Years |
5 Years |
10 Years |
Since Inception | |
|---|---|---|---|---|---|
| SUB | -- | -- | -- | -- | -- |
Index  |
6.67% | -- | -- | -- | -- |
Yield as of 11/19/2009 | ||
|---|---|---|
| 30-Day SEC Yield | 1.02% | |
| Average Yield to Maturity | 1.14% | |
| Distribution Yield | 1.06% | |
Tax Equivalent Yield as of 11/19/2009 | ||
|---|---|---|
| Tax Equivalent Distribution Yield | 1.64% | |
| Tax Equivalent 30-Day SEC Yield | 1.58% | |
| Fundamentals as of 11/19/2009 | ||
|---|---|---|
| Weighted Average Maturity |
2.37 yr | |
| Weighted Average Coupon | 5.14% | |
| Effective Duration | 2.13 | |
| Standard Deviation (3 year)
as of 9/30/2009 |
-- | |
| Profile as of 11/20/2009 | ||
|---|---|---|
| Total Net Assets | $230,766,408 | |
| Expense Ratio | 0.25% | |
| Shares Outstanding | 2,200,000 | |
| Total Holdings | 261 | |
| Fund Credit Rating - S&P | AA- | |
| Inception Date | 11/5/2008 | |
| Related Index | SPMU5YRT | |
Net Asset Value as of 11/20/2009 |
$104.89
|
|
Price as of 11/19/2009 |
$105.51
|
|
| 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. This information must be accompanied by standardized returns. For standardized returns and performance data current to the most recent month end, click the "Performance" tab above. | ||
| Fees & Expenses | |||
|---|---|---|---|
| Management Fees | 0.25% | ||
+ |
Acquired Fees & Expenses ‡ | 0.00% | |
= |
Total Annual Fund Operating Expenses | 0.25% | |
| Trading Information | ||
|---|---|---|
| Ticker | SUB | |
| Related Index | SPMU5YRT | |
| NAV | SUB.NV | |
| Underlying Trading Value | SUB.IV | |
| Shares Outstanding | SUB.SO | |
| Estimated Cash | SUB.EU | |
| Total Cash | SUB.TC | |
| CUSIP | 464288158 | |
| Quality Ratings as of 11/19/2009 | |||||
|---|---|---|---|---|---|
| Moody's | S&P | ||||
| U.S. Gov't/Agency | 0.00% | 0.00% | |||
| Aaa/AAA | 16.63% | 31.17% | |||
| Aa1/AA+ | 7.32% | 6.14% | |||
| Aa2/AA | 13.65% | 15.44% | |||
| Aa3/AA- | 24.06% | 9.19% | |||
| A1/A+ | 12.17% | 15.32% | |||
| A2/A | 4.41% | 12.27% | |||
| A3/A- | 3.19% | 0.79% | |||
| Baa1/BBB+ | 7.02% | 1.74% | |||
| Baa2/BBB | 0.13% | 1.53% | |||
| Baa3/BBB- | 3.61% | 1.16% | |||
| Ba1/BB+ | 0.00% | 0.00% | |||
| Ba2/BB | 0.00% | 0.00% | |||
| Ba3/BB- | 0.00% | 0.00% | |||
| B1/B+ | 0.00% | 0.00% | |||
| B2/B | 0.00% | 0.00% | |||
| B3/B- | 0.00% | 0.00% | |||
| Caa1/CCC+ | 0.00% | 0.00% | |||
| Caa2/CCC | 0.00% | 0.00% | |||
| Caa3/CCC- | 0.00% | 0.00% | |||
| Ca/CC | 0.00% | 0.00% | |||
| C/C | 0.00% | 0.00% | |||
| CI | -- | 0.00% | |||
| R | -- | 0.00% | |||
| SD | -- | 0.00% | |||
| D | -- | 0.00% | |||
| Other/NR | 7.81% | 5.27% | |||
| Average | Aa3 | AA | |||
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, which may be obtained by calling 1-800-iShares (1-800-474-2737) or click here to view or download a prospectus. Read the prospectus carefully before investing.
Investing involves risk, including possible loss of principal.
‡ “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 SEI Investments Distribution Co. (SEI). Barclays Global Fund Advisors (BGFA) serves as the investment advisor to the Funds. BGFA is a subsidiary of Barclays Global Investors, N.A., a majority-owned subsidiary of Barclays Bank PLC, none of which is affiliated with SEI.
Bonds and bond funds will decrease in value as interest rates rise.
A portion of the Fund's income may be subject to federal or state income taxes or the alternative minimum tax. Capital gains, if any, are subject to capital gains tax. Federal or state changes in income or alternative minimum tax rates or in the tax treatment of municipal bonds may make them less attractive as investments and cause them to lose value.
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.
S&P and Standard & Poor's are trademarks of The McGraw-Hill Companies, Inc. and have been licensed for use by Barclays Global Investors, N.A. iShares Funds are not sponsored, endorsed, issued, sold or promoted by Standard & Poor's. Nor does this company make any representation regarding the advisability of investing in iShares Funds. Index data source: Standard & Poors.
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.
©2009 Barclays Global Investors, N.A. All rights reserved. iShares® is a registered trademark of Barclays Global Investors, N.A. All other trademarks, service marks or registered trademarks are the property of their respective owners.
Investing involves risk, including possible loss of principal.
‡ “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 SEI Investments Distribution Co. (SEI). Barclays Global Fund Advisors (BGFA) serves as the investment advisor to the Funds. BGFA is a subsidiary of Barclays Global Investors, N.A., a majority-owned subsidiary of Barclays Bank PLC, none of which is affiliated with SEI.
Bonds and bond funds will decrease in value as interest rates rise.
A portion of the Fund's income may be subject to federal or state income taxes or the alternative minimum tax. Capital gains, if any, are subject to capital gains tax. Federal or state changes in income or alternative minimum tax rates or in the tax treatment of municipal bonds may make them less attractive as investments and cause them to lose value.
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.
S&P and Standard & Poor's are trademarks of The McGraw-Hill Companies, Inc. and have been licensed for use by Barclays Global Investors, N.A. iShares Funds are not sponsored, endorsed, issued, sold or promoted by Standard & Poor's. Nor does this company make any representation regarding the advisability of investing in iShares Funds. Index data source: Standard & Poors.
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.
©2009 Barclays Global Investors, N.A. All rights reserved. iShares® is a registered trademark of Barclays Global Investors, N.A. All other trademarks, service marks or registered trademarks are the property of their respective owners.
© Copyright 2009