BlackRock Short Duration Bond ETFBlackRock Short Duration Bond ETFBlackRock Short Duration Bond ETF

BlackRock Short Duration Bond ETF

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Key stats

Assets under management (AUM)
‪2.96 B‬USD
Fund flows (1Y)
‪−842.90 M‬USD
Dividend yield (indicated)
4.96%
Discount/Premium to NAV
−0.1%

About BlackRock Short Duration Bond ETF

Issuer
BlackRock, Inc.
Brand
BlackRock
Expense ratio
0.25%
Home page
Inception date
Sep 25, 2013
Index tracked
No Underlying Index
Management style
Active
NEAR pursues total return that exceeds its reference benchmark by investing in an actively managed basket of investment grade, USD-denominated debt securities. Although it primarily holds fixed- and floating-rate securities of any maturity, it expects to maintain an effective duration of three years or less which puts it in the short-term niche. The securities it will invest in includes, but is not limited to, corporate, government, and privately issued bonds, agency securities, instruments of non-US issuers, asset-backed and mortgage-backed securities, structured securities, Munis, repurchase agreements, money market instruments and investment companies. Derivatives may be utilized for hedging and enhancing returns purposes. The fund was named iShares Short Maturity Bond ETF prior to December 2, 2020, and was called the BlackRock Short Maturity Bond ETF until October 30, 2023, when it followed an effective duration of one year or less.

Classification

Asset Class
Fixed income
Category
Broad market, broad-based
Focus
Investment grade
Niche
Short-term
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund

As of April 26, 2024
Exposure type
Bonds, Cash & Other
Government
Corporate
Securitized
Bonds, Cash & Other100.00%
Government33.08%
Corporate26.38%
Securitized26.31%
Miscellaneous5.80%
Mutual fund5.68%
Cash2.75%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows