iShares Enhanced Short-Term Bond Active ETF
Data updated: 2026-09-25
C000249919 — iShares Enhanced Short-Term Bond Active ETF. Alternative · $192.68M AUM · 0.20% expense ratio. Holdings, fees, performance and SEC filings.
C000249919 Fund Overview
iShares Enhanced Short-Term Bond Active ETF is a US ETF managed by BlackRock ETF Trust, categorised as Alternative. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: BlackRock ETF Trust
- Category: Alternative
- Assets under management: $192.68M
- 1-year return: 4.1%
- SEC CIK: 0001761055
- SEC series ID: S000085056
- Share class ID: C000249919
C000249919 Investment Objective and Strategy
iShares Enhanced Short-Term Bond Active ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by BlackRock ETF Trust.
Investment objective
The iShares Dynamic Short-Term Active ETF (the Fund) (formerly known as iShares Enhanced Short-Term Bond Active ETF) seeks total return, net of Fund expenses, in excess of the ICE BofA 3-Month U.S. Treasury Bill Index.
Principal investment strategy
The Fund seeks to achieve its investment objective by allocating opportunistically across global fixed income, equities and currencies. The Fund invests a majority of its assets in a portfolio of U.S. and non-U.S. dollar-denominated investment-grade fixed- and floating-rate bonds that are rated BBB- or higher by S&P Global Ratings and/or Fitch Ratings, Inc. (Fitch), or Baa3 or higher by Moodys Investors Service, Inc. (Moodys), or, if unrated, determined by the Funds management team to be of equivalent quality. Fixed-income securities include corporate bonds of U.S. and non-U.S. issuers, U.S. government bonds (including U.S. Treasury Bills, notes, bonds, and Treasury Inflation-Protected Securities (TIPS)); municipal bonds; non-U.S. government bonds, bills, and inflation linked bonds; repurchase agreements; and money market instruments.
Floating rate bonds are bonds in which the interest rate paid fluctuates based on a reference rate (e.g., the Secured Overnight Financing Rate (SOFR)). The Fund may also invest in reverse repurchase agreements. With respect to its portfolio of fixed-income securities, the Fund will seek to maintain a weighted average duration that is less than three years. Duration is a mathematical calculation of the average life of a bond (or bonds in a fund) that serves as a useful measure of its interest rate risk. Each year of duration represents an expected 1% change in the net asset value of the bonds in a fund for every 1% immediate change in interest rates. For example, if the bonds in a fund have an average duration of four years, such bonds net asset value will fall about 4% when interest rates rise by one percentage point.
Conversely, such bonds net asset value will rise about 4% when interest rates fall by one percentage point. Duration, which measures price sensitivity to interest rate changes, is not necessarily equal to average maturity. The Fund may invest in derivatives such as futures (including but not limited to government bond futures and equity index futures), interest rate swaps, equity total return swaps, foreign exchange spot contracts and forwards. The Fund may seek to invest in equity securities. As part of its investment in equity securities, the Fund may seek to pursue an equity relative value strategy pursuant to which the Fund may seek to establish substantially offsetting positions to earn a spread (e.g., long positions in equity securities and offsetting short positions through total return swaps and equity index futures).
The Fund expects to maintain net notional equity exposures below 5%. Net notional equity exposure means the Funds aggregate long notional exposure to equity securities and equity-related instruments, including derivatives, less the Funds aggregate short notional exposure to such securities and instruments, as a percentage of the Funds net assets. Equity securities may include common stock, preferred stock, and depositary receipts. The Fund may invest in equity securities of both U.S. and non-U.S. issuers, which may be U.S. dollar-based or non-U.S. dollar based and may be currency hedged or unhedged. The Fund may invest in equity securities of companies of any market capitalization and may also invest in securities convertible into common stock. The Fund is an actively managed exchange-traded fund (ETF) that does not seek to replicate the performance of a specified index.
The Fund may have a higher degree of portfolio turnover than funds that seek to replicate the performance of an index. The Fund is classified as non-diversified under the Investment Company Act of 1940, as amended (the Investment Company Act). The Fund is not a money market fund and does not seek to maintain a stable net asset value of $1.00 per share.
C000249919 Holdings
Top 10 holdings of iShares Enhanced Short-Term Bond Active ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| United States Treasury | 10.07% |
| Japan Treasury Disc Bill | 8.01% |
| Buoni Ordinari Del Tes | 7.98% |
| French Discount T-Bill | 7.96% |
| United States Treasury | 7.93% |
| United States Treasury | 5.91% |
| Canada T-Bill | 5.06% |
| United States Treasury | 4.91% |
| Spain Letras Del Tesoro | 2.88% |
| Bilhetes Do Tesouro | 2.86% |
C000249919 Portfolio Allocation
Asset-class allocation of iShares Enhanced Short-Term Bond Active ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Cash & Equivalents | 62.4% |
| Equity | 23.0% |
| Fixed Income | 14.3% |
| Derivatives | 0.5% |
C000249919 Performance
Total returns for C000249919 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.3% |
| 1 year | 4.1% |
C000249919 Risk Information
Risk metrics for C000249919, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 0.2%
C000249919 Costs and Fees
C000249919 costs about $20 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.20%
- Gross expense ratio: 0.20%
- Portfolio turnover: 0%
- Brokerage commissions: 0.23 bps of average net assets (SEC N-CEN)
C000249919 Cashflows
Over the 12 months to 2026-04, iShares Enhanced Short-Term Bond Active ETF had net inflows of $93.29M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | −$7.45M |
| 2026-03 | $3.72M |
| 2026-02 | $1.24M |
| 2026-01 | −$1.24M |
| 2025-12 | $79.21M |
| 2025-11 | $1.24M |
C000249919 Debt Constituents
Largest debt holdings of iShares Enhanced Short-Term Bond Active ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Treasury | 4.91% |
| Wells Fargo & Company | 1.49% |
| Ford Motor Credit Co. LLC | 0.52% |
| Aercap Ireland Cap/globa | 0.52% |
| L3harris Tech, Inc. | 0.50% |
| Rtx Corp. | 0.50% |
| Dell Int LLC / Emc Corp. | 0.50% |
| Hca, Inc. | 0.50% |
| Bank Of America Corp. | 0.50% |
| Citigroup, Inc. | 0.50% |
C000249919 Prospectus and SEC Filings
Official iShares Enhanced Short-Term Bond Active ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-02-23
- Prospectus (485BPOS) — filed 2025-02-25
- Prospectus supplement (497) — filed 2024-10-10
- Portfolio holdings (N-PORT) — filed 2026-09-25
- Portfolio holdings (N-PORT) — filed 2026-06-25
- Portfolio holdings (N-PORT) — filed 2026-03-26
- Annual census (N-CEN) — filed 2026-01-14
- Annual census (N-CEN) — filed 2025-01-13
Related Funds
Other Alternative funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.