iShares 20+ Year Treasury Bond ETF | TLT

The iShares 20+ Year Treasury Bond ETF seeks to track the investment results of an index composed of U.S. Treasury bonds with remaining maturities greater ... Skiptocontent UnitedStates UnitedStates Locationnotlisted PrimaryNavigation Search OurFunds OurFunds FINDAFUND Viewallfunds Explorebygoals CompareETFs ASSETCLASS Equity FixedIncome Commodity RealEstate PRODUCTRANGE Core Factors FixedIncome Megatrends Sustainable FINANCIALPROFESSIONALS Findcorrelatedfunds ADVISORS:HELPMEETCLIENTS'NEEDSWITHiSHARESETFs InvestmentStrategies InvestmentStrategies OURSTRATEGIES GETSTARTED Exploresimplifiedinvesting InvestwithbondETFs Accessfactor-basedstrategies FindincomewithETFs GOFURTHER Investinthefuturewithmegatrends Diversifyinternationally AccesscommoditieswithETPs THINKSUSTAINABLE Learnaboutsustainableinvesting MatchyourinvestmentgoalstosustainableETFs ADVISORS:REDESIGNPORTFOLIOS MarketInsights MarketInsights OUTLOOK&INSIGHTS MARKETINSIGHTS Aseachangeinglobalinvesting iSharesreportoninvestorprogress iShares2022outlookandETFimplementationguide What’srisenfasterthaninflation?Dividends ETFFLOWS Lastmonth'sETFflows ViewallETFflows ADVISORS:EXPLOREINSIGHTSBYBLACKROCK Education Education ETFs WhatisanETF? ETFsvs.MutualFunds HowtobuyETFs ETFecosystem INDEXINVESTING Whatisindexinvesting? Whatisbondindexing? Whatissmartbeta? Whatissustainableinvesting? ADVISORS:EARNCECREDITS Resources Resources TOOLS Buildadiversifiedportfolio Customizebondladders Viewalltools DOCUMENTS Financial&legal Viewalldocuments iSharestaxcenter Taxdocuments Capitalgainsdistributions INSTITUTIONALRESOURCES PartnerwithiShares ExplorefixedincomeETFs Accesstoolsforinstitutions Attendvirtualevents Requestaportfolioconsultation CapturefactorswithETFs ADVISORS:EXPLOREMORETOOLS CLOSE SEARCH Entertickerorkeywordtosearchsite CLEAR SEARCH ReadtheiShares2022outlookandETFinvestmentguide. CLOSE Filterlistbykeyword ShowMore ShowLess to of Total Sorry,nodataavailable. Performance Performance GrowthofHypothetical$10,000 Performancechartdatanotavailablefordisplay. Viewfullchart GrowthofHypothetical$10,000 HistoricalNAVs iShares20+YearTreasuryBondETF($) TheHypotheticalGrowthof$10,000chartreflectsahypothetical$10,000investmentandassumesreinvestmentofdividendsandcapitalgains.Fundexpenses,includingmanagementfeesandotherexpenseswerededucted.Theperformancequotedrepresentspastperformanceanddoesnotguaranteefutureresults.Investmentreturnandprincipalvalueofaninvestmentwillfluctuatesothataninvestor’sshares,whensoldorredeemed,maybeworthmoreorlessthantheoriginalcost.Currentperformancemaybelowerorhigherthantheperformancequoted,andnumbersmayreflectsmallvariancesduetorounding.StandardizedperformanceandperformancedatacurrenttothemostrecentmonthendmaybefoundinthePerformancesection. HistoricalNAVs HistoricalPrices Distributions RecordDate Ex-Date PayableDate Viewfulltable DistributionsSchedule RecordDate Ex-Date PayableDate TotalDistribution Income STCapGains LTCapGains ReturnofCapital Premium/Discount Viewfullchart Returns AverageAnnual Cumulative CalendarYear asof Nov30,2021 Sep30,2021 Dec31,2020   1y 3y 5y 10y Incept. TotalReturn(%) -10.52 9.24 3.24 4.37 6.52 MarketPrice(%) -10.30 9.24 3.18 4.33 6.52 Benchmark(%) -10.46 9.36 3.34 4.46 6.62 AfterTaxPre-Liq.(%) -11.05 8.38 2.31 3.31 5.17 AfterTaxPost-Liq.(%) -6.22 6.79 2.06 2.90 4.66 Performancedataisnotcurrentlyavailable asof Nov30,2021 Sep30,2021 Dec31,2020   YTD 1m 3m 6m 1y 3y 5y 10y Incept. TotalReturn(%) -7.66 -2.95 0.37 7.35 -10.52 30.35 17.27 53.31 236.35 MarketPrice(%) -7.55 -2.91 0.36 7.41 -10.30 30.36 16.92 52.80 236.27 Benchmark(%) -7.61 -2.95 0.41 7.40 -10.46 30.80 17.87 54.72 242.20 AfterTaxPre-Liq.(%) -8.05 -3.00 0.22 7.00 -11.05 27.32 12.09 38.47 163.04 AfterTaxPost-Liq.(%) -4.54 -1.74 0.22 4.35 -6.22 21.80 10.71 33.15 139.53 Performancedataisnotcurrentlyavailable   2016 2017 2018 2019 2020 TotalReturn(%) 1.36 8.92 -2.07 14.93 17.92 MarketPrice(%) 1.17 9.19 -1.62 14.16 18.11 Benchmark(%) 1.44 8.99 -1.98 15.09 18.06 Performancedataisnotcurrentlyavailable Theperformancequotedrepresentspastperformanceanddoesnotguaranteefutureresults.Investmentreturnandprincipalvalueofaninvestmentwillfluctuatesothataninvestor'sshares,whensoldorredeemed,maybeworthmoreorlessthantheoriginalcost.Currentperformancemaybelowerorhigherthantheperformancequoted. Inputastock,orETForfundfromanyfundprovider,andexploreiSharesETFsbasedoncorrelationandholdingsoverlapdata.(forfinancialprofessionalsonly) SIGNIN SIGNIN KeyFacts KeyFacts NetAssetsofFund asofDec23,2021 $19,433,873,404 FundInception Jul22,2002 Exchange NASDAQ AssetClass FixedIncome BenchmarkIndex ICEUSTreasury20+YearIndex BloombergIndexTicker IDCOT204 SharesOutstanding asofDec23,2021 131,100,000 DistributionFrequency Monthly Premium/Discount asofDec23,2021 0.19% CUSIP 464287432 ClosingPrice asofDec23,2021 148.52 30DayAvg.Volume asofDec23,2021 21,036,278.00 30DayMedianBid/AskSpread asofDec23,2021 0.01% DailyVolume asofDec23,2021 11,642,576.00 NAICDesignated(ScheduleDEligible) PortfolioCharacteristics PortfolioCharacteristics NumberofHoldings asofDec23,2021 35 EquityBeta(3y) asofNov30,2021 -0.28 30DaySECYield asofDec22,2021 1.71% AverageYieldtoMaturity asofDec23,2021 1.92% StandardDeviation(3y) asofNov30,2021 13.75% 12mTrailingYield asofDec22,2021 1.48% WeightedAvgCoupon asofDec23,2021 2.54% WeightedAvgMaturity asofDec23,2021 26.08yrs EffectiveDuration asofDec23,2021 19.26yrs Convexity asofDec23,2021 4.60 Thisinformationmustbeprecededoraccompaniedbyacurrentprospectus.Forstandardizedperformance,pleaseseethePerformancesectionabove. SustainabilityCharacteristics SustainabilityCharacteristics SustainabilityCharacteristicsprovideinvestorswithspecificnon-traditionalmetrics.Alongsideothermetricsandinformation,theseenableinvestorstoevaluatefundsoncertainenvironmental,socialandgovernancecharacteristics.SustainabilityCharacteristicsdonotprovideanindicationofcurrentorfutureperformancenordotheyrepresentthepotentialriskandrewardprofileofafund.Theyareprovidedfortransparencyandforinformationpurposesonly.SustainabilityCharacteristicsshouldnotbeconsideredsolelyorinisolation,butinsteadareonetypeofinformationthatinvestorsmaywishtoconsiderwhenassessingafund.Learnmore. ThemetricsarenotindicativeofhoworwhetherESGfactorswillbeintegratedintoafund.Unlessotherwisestatedinfunddocumentationandincludedwithinafund’sinvestmentobjective,themetricsdonotchangeafund’sinvestmentobjectiveorconstrainthefund’sinvestableuniverse,andthereisnoindicationthatanESGorImpactfocusedinvestmentstrategyorexclusionaryscreenswillbeadoptedbyafund.Formoreinformationregardingafund'sinvestmentstrategy,pleaseseethefund'sprospectus. ReviewtheMSCImethodologiesbehindSustainabilityCharacteristicsusingthelinksbelow. MSCIESGFundRating(AAA-CCC) asofDec07,2021 A MSCIESG%Coverage asofDec07,2021 100.00% MSCIESGQualityScore(0-10) asofDec07,2021 6.1 MSCIESGQualityScore-PeerPercentile asofDec07,2021 80.29% FundLipperGlobalClassification asofDec07,2021 BondUSDGovernment FundsinPeerGroup asofDec07,2021 137 MSCIWeightedAverageCarbonIntensity(TonsCO2E/$MSALES) asof- - MSCIWeightedAverageCarbonIntensity%Coverage asofDec07,2021 0.00% AlldataisfromMSCIESGFundRatingsasofDec07,2021,basedonholdingsasofOct31,2021.Assuch,thefund’ssustainablecharacteristicsmaydifferfromMSCIESGFundRatingsfromtimetotime. TobeincludedinMSCIESGFundRatings,65%ofthefund’sgrossweightmustcomefromsecuritieswithESGcoveragebyMSCIESGResearch(certaincashpositionsandotherassettypesdeemednotrelevantforESGanalysisbyMSCIareremovedpriortocalculatingafund’sgrossweight;theabsolutevaluesofshortpositionsareincludedbuttreatedasuncovered),thefund’sholdingsdatemustbelessthanoneyearold,andthefundmusthaveatleasttensecurities.Fornewlylaunchedfunds,SustainabilityCharacteristicsaretypicallyavailable6monthsafterlaunch. Fees Fees asofcurrentprospectus ManagementFee 0.15% AcquiredFundFeesandExpenses 0.00% ForeignTaxesandOtherExpenses 0.00% ExpenseRatio 0.15% Ratings Holdings Holdings TopIssuers All asofDec23,2021 Issuer Weight(%) UNITEDSTATESTREASURY 100.08 asof Dec23,2021 Nov30,2021 Sep30,2021 Dec31,2020 Name Sector AssetClass MarketValue Weight(%) NotionalValue ParValue CUSIP ISIN SEDOL Price Location Exchange Currency Duration YTM(%) FXRate Maturity Coupon(%) Mod.Duration YieldtoCall(%) YieldtoWorst(%) RealDuration RealYTM(%) MarketCurrency AccrualDate EffectiveDate DetailedHoldingsandAnalytics Holdings(SupplementalInformation) CashFlows Holdingsaresubjecttochange. Thevaluesshownfor“marketvalue,”“weight,”and“notionalvalue”(the“calculatedvalues”)arebasedoffofapriceprovidedbyathird-partypricingvendorfortheportfolioholdinganddonotreflecttheimpactofsystematicfairvaluation(“thevendorprice”).ThevendorpriceisnotnecessarilythepriceatwhichtheFundvaluestheportfolioholdingforthepurposesofdeterminingitsnetassetvalue(the“valuationprice”).Additionally,whereapplicable,foreigncurrencyexchangerateswithrespecttotheportfolioholdingsdenominatedinnon-U.S.currenciesforthevaluationpricewillbegenerallydeterminedasofthecloseofbusinessontheNewYorkStockExchange,whereasforthevendorpricewillbegenerallydeterminedasof4p.m.London.Thecalculatedvaluesmayhavebeendifferentifthevaluationpriceweretohavebeenusedtocalculatesuchvalues.Thevendorpriceisasofthemostrecentdateforwhichapriceisavailableandmaynotnecessarilybeasofthedateshownabove.Pleaseseethe“DeterminationofNetAssetValue”sectionofeachFund’sprospectusforadditionalinformationontheFund’svaluationpoliciesandprocedures. ExposureBreakdowns ExposureBreakdowns Sector Maturity CreditQuality asofDec23,2021 %ofMarketValue Type Fund ShowMore ShowLess asofDec23,2021 %ofMarketValue Type Fund ShowMore ShowLess ThematuritybreakdownaboveisbasedonWeightedAverageLife(WAL).WAListheaveragelengthoftimetotherepaymentofprincipalforthesecuritiesinthefund.Thismetricconsidersthelikelihoodthatbondswillbecalledorprepaidbeforethescheduledmaturitydate.  asofDec23,2021 %ofMarketValue Type Fund ShowMore ShowLess CreditqualityratingsonunderlyingsecuritiesofthefundarereceivedfromS&P,Moody’sandFitchandconvertedtotheequivalentS&Pmajorratingcategory.ThisbreakdownisprovidedbyBlackRockandtakesthemedianratingofthethreeagencieswhenallthreeagenciesrateasecurity,thelowerofthetworatingsifonlytwoagenciesrateasecurity,andoneratingifthatisallthatisprovided.Unratedsecuritiesdonotnecessarilyindicatelowquality.Belowinvestment-gradeisrepresentedbyaratingofBBandbelow.Ratingsandportfoliocreditqualitymaychangeovertime. Allocationsaresubjecttochange. Literature Literature   HowtoBuyiSharesETFs HowtoBuyiSharesETFs TherearemanywaystoaccessiSharesETFs.Learnhowyoucanaddthemtoyourportfolio. LearnMore LearnMore Discusswithyourfinancialplannertoday Sharethisfundwithyourfinancialplannertofindouthowitcanfitinyourportfolio. Emailyouradvisor Buythroughyourbrokerage iSharesfundsareavailablethroughonlinebrokeragefirms.AlliSharesETFstradecommissionfreeonlinethroughFidelity. VisitFidelity CarefullyconsidertheFunds'investmentobjectives,riskfactors,andchargesandexpensesbeforeinvesting.ThisandotherinformationcanbefoundintheFunds'prospectusesor,ifavailable,thesummaryprospectuses,whichmaybeobtainedbyvisitingtheiSharesETFandBlackRockFundprospectuspages.Readtheprospectuscarefullybeforeinvesting.Investinginvolvesrisk,includingpossiblelossofprincipal. BeforeengagingFidelityoranybroker-dealer,youshouldevaluatetheoverallfeesandchargesofthefirmaswellastheservicesprovided.FreecommissionofferappliestoonlinepurchasesofselectiSharesETFsinaFidelityaccount.ThesaleofETFsissubjecttoanactivityassessmentfee(from$0.01to$0.03per$1,000ofprincipal).ForiSharesETFs,FidelityreceivescompensationfromtheETFsponsorand/oritsaffiliatesinconnectionwithanexclusivelong-termmarketingprogramthatincludespromotionofiSharesETFsandinclusionofiSharesfundsincertainFidelityBrokerageServicesplatformsandinvestmentprograms.Pleasenote,thissecuritywillnotbemarginablefor30daysfromthesettlementdate,atwhichtimeitwillautomaticallybecomeeligibleformargincollateral.Additionalinformationaboutthesources,amounts,andtermsofcompensationcanbefoundintheETF’sprospectusandrelateddocuments.FidelitymayaddorwaivecommissionsonETFswithoutpriornotice. TheFundsaredistributedbyBlackRockInvestments,LLC(togetherwithitsaffiliates,“BlackRock”). ©2019BlackRock,Inc.Allrightsreserved.BLACKROCK,BLACKROCKSOLUTIONS,BUILDONBLACKROCK,ALADDIN,iSHARES,iBONDS,iTHINKING,iSHARESCONNECT,FUNDFRENZY,LIFEPATH,SOWHATDOIDOWITHMYMONEY,INVESTINGFORANEWWORLD,BUILTFORTHESETIMES,theiSharesCoreGraphic,CoRIandtheCoRIlogoareregisteredandunregisteredtrademarksofBlackRock,Inc.,oritssubsidiariesintheUnitedStatesandelsewhere.Allothermarksarethepropertyoftheirrespectiveowners. ICRMH0719U-885409 Download Exploremore OurFunds FINDAFUND Viewallfunds Explorebygoals CompareETFs ASSETCLASS Equity FixedIncome Commodity RealEstate PRODUCTRANGE Core Factors FixedIncome Megatrends Sustainable FINANCIALPROFESSIONALS Findcorrelatedfunds ADVISORS:HELPMEETCLIENTS'NEEDSWITHiSHARESETFs InvestmentStrategies EXPLORENOW OURSTRATEGIES GETSTARTED Exploresimplifiedinvesting InvestwithbondETFs Accessfactor-basedstrategies FindincomewithETFs GOFURTHER Investinthefuturewithmegatrends Diversifyinternationally AccesscommoditieswithETPs THINKSUSTAINABLE Learnaboutsustainableinvesting MatchyourinvestmentgoalstosustainableETFs ADVISORS:REDESIGNPORTFOLIOS MarketInsights EXPLORENOW OUTLOOK&INSIGHTS MARKETINSIGHTS Aseachangeinglobalinvesting iSharesreportoninvestorprogress iShares2022outlookandETFimplementationguide What’srisenfasterthaninflation?Dividends ETFFLOWS Lastmonth'sETFflows ViewallETFflows ADVISORS:EXPLOREINSIGHTSBYBLACKROCK Education ETFs WhatisanETF? ETFsvs.MutualFunds HowtobuyETFs ETFecosystem INDEXINVESTING Whatisindexinvesting? Whatisbondindexing? Whatissmartbeta? Whatissustainableinvesting? ADVISORS:EARNCECREDITS Resources TOOLS Buildadiversifiedportfolio Customizebondladders Viewalltools DOCUMENTS Financial&legal Viewalldocuments iSharestaxcenter Taxdocuments Capitalgainsdistributions INSTITUTIONALRESOURCES PartnerwithiShares ExplorefixedincomeETFs Accesstoolsforinstitutions Attendvirtualevents Requestaportfolioconsultation CapturefactorswithETFs ADVISORS:EXPLOREMORETOOLS iSharesunlocksopportunityacrossmarketstomeettheevolvingneedsofinvestors.Withmorethantwentyyearsofexperienceandagloballine-upof900+ETFs,iSharescontinuestodriveprogressforthefinancialindustry.iSharesfundsarepoweredbytheexpertportfolioandriskmanagementofBlackRock. corporate AboutiShares ContactiShares ProductAnnouncements legal Terms&Conditions PrivacyPolicy BusinessContinuity FINRABrokerCheck ManageCookies ©2021BlackRock,Inc.Allrightsreserved. ImportantInformation ReviewtheMSCImethodologybehindtheSustainabilityCharacteristicsandBusinessInvolvementmetrics:1ESGRatings;2IndexCarbonFootprintMetrics;3BusinessInvolvementScreeningResearch;4ESGScreenedIndexMethodology;5ESGControversies;6MSCIImpliedTemperatureRise ForfundswithaninvestmentobjectivethatincludetheintegrationofESGcriteria,theremaybecorporateactionsorothersituationsthatmaycausethefundorindextopassivelyholdsecuritiesthatmaynotcomplywithESGcriteria.Pleaserefertothefund’sprospectusformoreinformation.Thescreeningappliedbythefund'sindexprovidermayincluderevenuethresholdssetbytheindexprovider.Theinformationdisplayedonthiswebsitemaynotincludeallofthescreensthatapplytotherelevantindexortherelevantfund.Thesescreensaredescribedinmoredetailinthefund’sprospectus,otherfunddocuments,andtherelevantindexmethodologydocument. Certaininformationcontainedherein(the“Information”)hasbeenprovidedbyMSCIESGResearchLLC,aRIAundertheInvestmentAdvisersActof1940,andmayincludedatafromitsaffiliates(includingMSCIInc.anditssubsidiaries(“MSCI”)),orthirdpartysuppliers(eachan“InformationProvider”),anditmaynotbereproducedorredisseminatedinwholeorinpartwithoutpriorwrittenpermission.TheInformationhasnotbeensubmittedto,norreceivedapprovalfrom,theUSSECoranyotherregulatorybody.TheInformationmaynotbeusedtocreateanyderivativeworks,orinconnectionwith,nordoesitconstitute,anoffertobuyorsell,orapromotionorrecommendationof,anysecurity,financialinstrumentorproductortradingstrategy,norshoulditbetakenasanindicationorguaranteeofanyfutureperformance,analysis,forecastorprediction.SomefundsmaybebasedonorlinkedtoMSCIindexes,andMSCImaybecompensatedbasedonthefund’sassetsundermanagementorothermeasures.MSCIhasestablishedaninformationbarrierbetweenequityindexresearchandcertainInformation.NoneoftheInformationinandofitselfcanbeusedtodeterminewhichsecuritiestobuyorsellorwhentobuyorsellthem.TheInformationisprovided“asis”andtheuseroftheInformationassumestheentireriskofanyuseitmaymakeorpermittobemadeoftheInformation.NeitherMSCIESGResearchnoranyInformationPartymakesanyrepresentationsorexpressorimpliedwarranties(whichareexpresslydisclaimed),norshalltheyincurliabilityforanyerrorsoromissionsintheInformation,orforanydamagesrelatedthereto.Theforegoingshallnotexcludeorlimitanyliabilitythatmaynotbyapplicablelawbeexcludedorlimited. CarefullyconsidertheFunds'investmentobjectives,riskfactors,andchargesandexpensesbeforeinvesting.ThisandotherinformationcanbefoundintheFunds'prospectusesor,ifavailable,thesummaryprospectuses,whichmaybeobtainedbyvisitingtheiSharesFundandBlackRockFundprospectuspages.Readtheprospectuscarefullybeforeinvesting. Investinginvolvesrisk,includingpossiblelossofprincipal. IftheFundinvestsinanyunderlyingfund,certainportfolioinformation,includingsustainabilitycharacteristicsandbusiness-involvementmetrics,providedfortheFundmayincludeinformation(onalook-throughbasis)ofsuchunderlyingfund,totheextentavailable. Fixedincomerisksincludeinterest-rateandcreditrisk.Typically,wheninterestratesrise,thereisacorrespondingdeclineinbondvalues.Creditriskreferstothepossibilitythatthebondissuerwillnotbeabletomakeprincipalandinterestpayments. AninvestmentintheFundisnotinsuredorguaranteedbytheFederalDepositInsuranceCorporationoranyothergovernmentagencyanditsreturnandyieldwillfluctuatewithmarketconditions. SharesofETFsareboughtandsoldatmarketprice(notNAV)andarenotindividuallyredeemedfromthefund.Anyapplicablebrokeragecommissionswillreducereturns.BeginningAugust10,2020,marketpricereturnsforBlackRockandiSharesETFsarecalculatedusingtheclosingpriceandaccountfordistributionsfromthefund.PriortoAugust10,2020,marketpricereturnsforBlackRockandiSharesETFswerecalculatedusingthemidpointpriceandaccountedfordistributionsfromthefund.Themidpointistheaverageofthebid/askpricesat4:00PMET(whenNAVisnormallydeterminedformostETFs).Thereturnsshowndonotrepresentthereturnsyouwouldreceiveifyoutradedsharesatothertimes. Indexreturnsareforillustrativepurposesonly.Indexperformancereturnsdonotreflectanymanagementfees,transactioncostsorexpenses.Indexesareunmanagedandonecannotinvestdirectlyinanindex.Pastperformancedoesnotguaranteefutureresults. After-taxreturnsarecalculatedusingthehistoricalhighestindividualfederalmarginalincometaxratesanddonotreflecttheimpactofstateandlocaltaxes.Actualafter-taxreturnsdependontheinvestor'staxsituationandmaydifferfromthoseshown.Theafter-taxreturnsshownarenotrelevanttoinvestorswhoholdtheirfundsharesthroughtax-deferredarrangementssuchas401(k)plansorindividualretirementaccounts. CertainsectorsandmarketsperformexceptionallywellbasedoncurrentmarketconditionsandiSharesandBlackRockFundscanbenefitfromthatperformance.Achievingsuchexceptionalreturnsinvolvestheriskofvolatilityandinvestorsshouldnotexpectthatsuchresultswillberepeated. DistributionYieldand12mTrailingYieldresultsmayhaveperiodoverperiodvolatilityduetofactorsincludingtaxconsiderationssuchastreatmentofpassiveforeigninvestmentcompanies(PFICs),treatmentofdefaultedbondsorexcisetaxrequirements;exceptionalcorporateactions;seasonalityofdividendsfromunderlyingholdings;significantfluctuationsinfundsharesoutstanding;orfundcapitalgaindistributions. TheFundsaredistributedbyBlackRockInvestments,LLC(togetherwithitsaffiliates,“BlackRock”). AlthoughBlackRockshallobtaindatafromsourcesthatBlackRockconsidersreliable,alldatacontainedhereinisprovided“asis”andBlackRockmakesnorepresentationorwarrantyofanykind,eitherexpressorimplied,withrespecttosuchdata,thetimelinessthereof,theresultstobeobtainedbytheusethereoforanyothermatter.BlackRockexpresslydisclaimsanyandallimpliedwarranties,includingwithoutlimitation,warrantiesoforiginality,accuracy,completeness,timeliness,non-infringement,merchantabilityandfitnessforaparticularpurpose. TheiSharesFundsarenotsponsored,endorsed,issued,soldorpromotedbyBloomberg,BlackRockIndexServices,LLC,Cohen&Steers,EuropeanPublicRealEstateAssociation(“EPRA®”),FTSEInternationalLimited(“FTSE”),ICEDataIndices,LLC,NSEIndicesLtd,JPMorgan,JPXGroup,LondonStockExchangeGroup(“LSEG”),MSCIInc.,MarkitIndicesLimited,Morningstar,Inc.,Nasdaq,Inc.,NationalAssociationofRealEstateInvestmentTrusts(“NAREIT”),Nikkei,Inc.,RussellorS&PDowJonesIndicesLLC.NoneofthesecompaniesmakeanyrepresentationregardingtheadvisabilityofinvestingintheFunds.WiththeexceptionofBlackRockIndexServices,LLC,whoisanaffiliate,BlackRockInvestments,LLCisnotaffiliatedwiththecompanieslistedabove.NeitherFTSE,LSEG,norNAREITmakesanywarrantyregardingtheFTSENareitEquityREITSIndex,FTSENareitAllResidentialCappedIndexorFTSENareitAllMortgageCappedIndex.NeitherFTSE,EPRA,LSEG,norNAREITmakesanywarrantyregardingtheFTSEEPRANareitDevelopedex-U.S.IndexorFTSEEPRANareitGlobalREITsIndex.“FTSE®”isatrademarkofLondonStockExchangeGroupcompaniesandisusedbyFTSEunderlicense. ©2021BlackRock,Inc.BLACKROCK,BLACKROCKSOLUTIONS,BUILDONBLACKROCK,ALADDIN,iSHARES,iBONDS,FACTORSELECT,iTHINKING,iSHARESCONNECT,FUNDFRENZY,LIFEPATH,SOWHATDOIDOWITHMYMONEY,INVESTINGFORANEWWORLD,BUILTFORTHESETIMES,theiSharesCoreGraphic,CoRIandtheCoRIlogoaretrademarksofBlackRock,Inc.,oritssubsidiariesintheUnitedStatesandelsewhere.Allothermarksarethepropertyoftheirrespectiveowners. iCRMH1220U/S-1412672