04/01/2021 | Press release | Distributed by Public on 04/01/2021 04:09
March 1, 2021 | |
(as revised April 1, 2021) |
2021 Summary Prospectus |
• | iShares iBonds 2021 Term High Yield and Income ETF* | IBHA | CBOE BZX |
Ticker: IBHA | Stock Exchange: Cboe BZX |
Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investments) |
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Management Fees |
Distribution and Service (12b-1) Fees |
Other Expenses 1 |
Acquired Fund Fees and Expenses1,2 |
Total Annual Fund Operating Expenses |
Fee Waiver1,2 |
Total Annual Fund Operating Expenses After Fee Waiver |
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0.35% | None | 0.00% | 0.00% | 0.35% | (0.00)% | 0.35% |
1 | The amount rounded to 0.00%. |
2 |
BFA, the investment adviser to the Fund, has contractually agreed to waive a portion of its management fees in an amount equal to the Acquired Fund Fees and Expenses, if any, attributable to investments by the Fund in other funds advised by BFA or its affiliates through the termination date of the Fund, on or about December 15, 2021. The contractual waiver may be terminated prior to the Fund's termination only upon the written agreement of the Trust and BFA. |
Maturity | ||
$28 |
One Year |
Since Fund Inception |
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(Inception Date: 5/7/2019) | |||
Return Before Taxes | 0.62% | 2.03% | |
Return After Taxes on Distributions1 | -0.83% | 0.38% | |
Return After Taxes on Distributions and Sale of Fund Shares1 | 0.34% | 0.85% | |
Bloomberg Barclays 2021 Term High Yield and Income Index (Index returns do not reflect deductions for fees, expenses, or taxes) | 0.32% | 1.94% |
1 | After-tax returns in the table above are calculated using the historical highest individual U.S. federal marginal income tax rates and do not reflect the impact of state or local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to tax-exempt investors or investors who hold shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts ('IRAs'). Fund returns after taxes on distributions and sales of Fund shares are calculated assuming that an investor has sufficient capital gains of the same character from other investments to offset any capital losses from the sale of Fund shares. As a result, Fund returns after taxes on distributions and sales of Fund shares may exceed Fund returns before taxes and/or returns after taxes on distributions. |