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Business Wire
4 days ago
- Business
- Business Wire
iShares® iBonds® ETF Nears Final Distribution Date
NEW YORK--(BUSINESS WIRE)--BlackRock announced today the planned termination of the iShares iBonds Oct 2025 Term TIPS ETF which includes the following timelines for trading, net-asset value (NAV) calculation and expected liquidation: iBonds ETFs are designed to cease trading and mature during a specific maturity window like an individual bond. Leading up to the ETF's final distribution date, the bonds held by the iBonds ETF mature, and the ETF transitions into short-term instruments and cash. Shareholders will receive their proceeds from the liquidation on or around the listed liquidation date, based on their brokerage's processes. iBonds ETFs across treasuries, municipal bonds, and both investment-grade and high-yield corporate credit remain available to investors. iShares iBonds ETFs can help market participants build bond ladders and enhance diversification in their portfolios. About BlackRock BlackRock's purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit | Twitter: @blackrock | LinkedIn: About iShares iShares unlocks opportunity across markets to meet the evolving needs of investors. With more than twenty years of experience, a global line-up of 1,600+ exchange traded funds (ETFs) and over $4.7 trillion in assets under management as of June 30, 2025, iShares continues to drive progress for the financial industry. iShares funds are powered by the expert portfolio and risk management of BlackRock. 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 or, if available, the summary prospectuses, which may be obtained by visiting the iShares Fund and BlackRock Fund prospectus pages. Read the prospectus carefully before investing. Investing involves risk, including possible loss of principal. Fixed income risks include interest-rate and credit risk. Typically, when interest rates rise, there is a corresponding decline in the value of debt securities. Credit risk refers to the possibility that the debt issuer will not be able to make principal and interest payments. 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, and does not apply to the funds. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency and its return and yield will fluctuate with market conditions. The iShares® iBonds® ETFs ('Funds') will terminate on or about October or December 15 of the year in each Fund's name. An investment in the Fund(s) is not guaranteed, and an investor may experience losses, including near or at the termination date. Unlike a direct investment in a bond that has a level coupon payment and a fixed payment at maturity, the Fund(s) will make distributions of income that vary over time. In the final months of each Fund's operation, as the bonds it holds mature, its portfolio will transition to cash and cash-like instruments. As a result, its yield will tend to move toward prevailing money market rates, and may be lower than the yields of the bonds previously held by the Fund and lower than prevailing yields in the bond market. As the Fund approaches its termination date, its holdings of money market or similar funds may increase, causing the Fund to incur the fees and expenses of these funds. Following the Fund's termination date, the Fund will distribute substantially all of its net assets, after deduction of any liabilities, to then-current investors without further notice and will no longer be listed or traded. The Funds' distributions and liquidation proceeds are not predictable at the time of investment and the Funds do not seek to return any predetermined amount. The rate of Fund distribution payments may adversely affect the tax characterization of an investor's returns from an investment in the Fund relative to a direct investment in bonds. If the amount an investor receives as liquidation proceeds upon the Fund's termination is higher or lower than the investor's cost basis, the investor may experience a gain or loss for tax purposes. Buying and selling shares of ETFs may result in brokerage commissions. Diversification and asset allocation may not protect against market risk or loss of principal. This material is not intended as an offer or solicitation for the purchase or sale of any financial instrument. Similarly, the material does not constitute, and should not be relied on as, legal, regulatory, accounting, tax, investment, trading or other advice. Any financial, tax, or legal information contained herein is included for informational purposes only. This material contains general information only and does not take into account an individual's financial circumstances. This information should not be relied upon as a primary basis for an investment decision. Rather, an assessment should be made as to whether the information is appropriate in individual circumstances and consideration should be given to talking to a financial professional before making an investment decision. Prepared by BlackRock Investments, LLC, member FINRA. © 2025 BlackRock, Inc. or its affiliates. All Rights Reserved. BLACKROCK and iSHARES are trademarks of BlackRock, Inc. or its affiliates. All other trademarks are those of their respective owners.
Business Wire
31-07-2025
- Business
- Business Wire
BlackRock Broadens Infrastructure Product Suite with Actively Managed ETF
NEW YORK--(BUSINESS WIRE)--Today, BlackRock expanded its infrastructure product suite with the launch of the iShares Infrastructure Active ETF (CBOE:BILT), designed to harness the long-term growth potential of listed infrastructure companies across sectors and geographies through the efficiency and convenience of an ETF. Infrastructure is a vital and distinctive segment of the global economy, with related investments projected to reach $68 trillion by 2040. 1 This growth is fueled by powerful forces reshaping how the world builds, connects, and powers itself, including the buildout of energy-intensive data centers, a renewed focus on energy independence in many parts of the world, and the modernization and expansion of logistic hubs such as terminals and airports as global supply chains are rewired. 'As structural shifts re-shape the global economy, we believe physical and digital infrastructure opportunities will continue to expand and accelerate,' said Balfe Morrison, Head of Listed Infrastructure Strategies, Global Real Asset Securities Group at BlackRock. 'Investors may be under-allocated to listed infrastructure today – partly because there is no formal sector classification for infrastructure, and the companies within the universe have represented only a small percentage of global equity indices. 2 BILT aims to offer investors an actively managed approach to tapping into the multi-decade growth potential of infrastructure, an asset class with lower volatility than global equity markets, in the convenience and transparency of an ETF. 3 ' BILT provides investors with access to a diversified portfolio of 50-60 listed infrastructure companies globally, spanning categories including transportation, energy storage and transportation, construction, and utilities. Managed by Balfe Morrison and the BlackRock Global Real Assets Securities team, BILT leverages over two decades of infrastructure investing expertise seeking alpha driven primarily by stock selection. BILT adds to BlackRock's $10 billion infrastructure ETF suite, which includes the iShares Global Infrastructure ETF (IGF), the iShares U.S. Infrastructure ETF (IFRA) and the iShares U.S. Digital Infrastructure and Real Estate ETF (IDGT). 4 BlackRock's broader infrastructure investing platform, Global Infrastructure Partners, manages approximately $183 billion across a diversified portfolio of more than 300 active investments across equity, debt, and solutions, with operations in over 100 countries serving clients worldwide. 5 About BlackRock BlackRock's purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit | Twitter: @blackrock | LinkedIn: About iShares iShares unlocks opportunity across markets to meet the evolving needs of investors. With more than twenty years of experience, a global line-up of 1,600+ exchange traded funds (ETFs) and over $4.7 trillion in assets under management as of June 30, 2025, iShares continues to drive progress for the financial industry. iShares funds are powered by the expert portfolio and risk management of BlackRock. 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 or, if available, the summary prospectuses which may be obtained by visiting or Read the prospectus carefully before investing. I nvesting involves risk, including possible loss of principal. The Fund is actively managed and does not seek to replicate the performance of a specified index. The Fund may have a higher portfolio turnover than funds that seek to replicate the performance of an index. Funds that concentrate investments in specific industries, sectors, markets or asset classes may underperform or be more volatile than other industries, sectors, markets or asset classes and the general securities market. International investing involves risks, including risks related to foreign currency, limited liquidity, less government regulation and the possibility of substantial volatility due to adverse political, economic or other developments. These risks often are heightened for investments in emerging/developing markets or in concentrations of single countries. The Fund's use of derivatives may reduce the Fund's returns and/or increase volatility and subject the Fund to counterparty risk, which is the risk that the other party in the transaction will not fulfill its contractual obligation. The Fund could suffer losses related to its derivative positions because of a possible lack of liquidity in the secondary market and as a result of unanticipated market movements, which losses are potentially unlimited. There can be no assurance that the Fund's hedging transactions will be effective. Convertible securities are subject to the market and issuer risks that apply to the underlying common stock. Diversification and asset allocation may not protect against market risk or loss of principal. This information should not be relied upon as research, investment advice, or a recommendation regarding any products, strategies, or any security in particular. This material is strictly for illustrative, educational, or informational purposes and is subject to change. The iShares Funds are distributed by BlackRock Investments, LLC (together with its affiliates, 'BlackRock'). © 2025 BlackRock, Inc. or its affiliates. All Rights Reserved. BLACKROCK and iSHARES are trademarks of BlackRock, Inc. or its affiliates. All other trademarks are those of their respective owners. 1 BlackRock, as of April 2025. Assumptions, opinions and estimates are provided for illustrative purposes only. They should not be relied upon as recommendations to buy or sell securities. Forecasts of financial market trends that are based on current market conditions constitute our judgment and are subject to change without notice. 2 Listed Infrastructure common holdings with S&P 500 and MSCI World as of 31 May 2024, as compared to the FTSE Developed Core Infrastructure 50/50 Net TR Index. 3 Data from Morningstar as of June 2025. Compares the 15-year standard deviation of MSCI ACWI Index versus Global Infrastructure, as represented by the FTSE Global Core Infrastructure 50/50 NtTx NR Index. 4 5 BlackRock, as of June 30, 2025.
Business Wire
21-05-2025
- Business
- Business Wire
BlackRock Introduces Actively-Managed Defense ETF Focused on Global Security and Resilience
NEW YORK--(BUSINESS WIRE)--Today, BlackRock announced the launch of the iShares Defense Industrials Active ETF (NASDAQ:IDEF), an actively managed thematic ETF offering precise exposure to companies at the center of shifting geopolitical dynamics, national defense strategies, and global security priorities. Long-term forces such as geopolitical fragmentation, supply chain reorientation, and rising competition over critical technologies are redefining national priorities and the global economy. In response, global investment in defense and security has surged - reaching a record $2.7 trillion in 2024, up 9.4% year-over-year and more than doubling since 2000. 1 'An active investing approach offers a nuanced and nimble approach to navigating geopolitical fragmentation and a shifting global defense landscape,' said Jay Jacobs, U.S. Head of Equity ETFs at BlackRock. 'As governments around the world rewire their economic and security strategies, IDEF provides a dynamic way to target companies at the center of that transformation - from cybersecurity and advanced technologies to aerospace and strategic manufacturing.' Managed by Simon Wan, Yasmin Meissner and Lucy Parker of the BlackRock Multi-Asset Strategies & Solutions Group, IDEF combines top-down macro research with proprietary analytics and alternative data - including defense revenue exposure and government contracting activity - to build a selective portfolio that focuses on global defense opportunities across multiples geographies and industries. IDEF joins BlackRock's $45 billion active ETF platform and builds on its growing thematic lineup. 2 BlackRock also manages one of the largest defense-themed index ETFs, the iShares U.S. Aerospace & Defense ETF (ITA), as well as the iShares Cybersecurity and Tech ETF (IHAK), offering investors broader access to key subthemes shaping today's global security environment. 3 About BlackRock BlackRock's purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit | Twitter: @blackrock | LinkedIn: About iShares iShares unlocks opportunity across markets to meet the evolving needs of investors. With more than twenty years of experience, a global line-up of 1500+ exchange traded funds (ETFs) and $4.3 trillion in assets under management as of March 31, 2025, iShares continues to drive progress for the financial industry. iShares funds are powered by the expert portfolio and risk management of BlackRock. 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 or, if available, the summary prospectuses which may be obtained by visiting or Read the prospectus carefully before investing. Investing involves risk, including possible loss of principal. The Fund is actively managed and does not seek to replicate the performance of a specified index, may have higher portfolio turnover, and may charge higher fees than index funds due to increased trading and research expenses. Funds that concentrate investments in specific industries, sectors, markets or asset classes may underperform or be more volatile than other industries, sectors, markets or asset classes and the general securities market. International investing involves risks, including risks related to foreign currency, limited liquidity, less government regulation and the possibility of substantial volatility due to adverse political, economic or other developments. These risks often are heightened for investments in emerging/ developing markets or in concentrations of single countries. Convertible securities are subject to the market and issuer risks that apply to the underlying common stock. The Fund's use of derivatives may reduce the Fund's returns and/or increase volatility and subject the Fund to counterparty risk, which is the risk that the other party in the transaction will not fulfill its contractual obligation. The Fund could suffer losses related to its derivative positions because of a possible lack of liquidity in the secondary market and as a result of unanticipated market movements, which losses are potentially unlimited. There can be no assurance that the Fund's hedging transactions will be effective. This information should not be relied upon as research, investment advice, or a recommendation regarding any products, strategies, or any security in particular. This material is strictly for illustrative, educational, or informational purposes and is subject to change. The iShares and BlackRock Funds are distributed by BlackRock Investments, LLC (together with its affiliates, 'BlackRock'). © 2025 BlackRock, Inc. or its affiliates. All Rights Reserved. BLACKROCK and iSHARES are trademarks of BlackRock, Inc. or its affiliates. All other trademarks are those of their respective owners.
