[NPORT-P] iShares Trust iShares USD Systematic Bond ETF SEC Filing

Q: Does the NPORT-P show USBF's net asset value or portfolio holdings?

<b>No.</b> All financial fields are empty, so NAV and holdings are undisclosed.

Q: Why is a blank NPORT-P significant to investors?

It provides <b>no actionable information</b>, hindering transparency and portfolio analysis.

Filing Impact

(Low)

Filing Sentiment

(Neutral)

Form Type

NPORT-P

Rhea-AI Filing Summary

Form NPORT-P filing for iShares Trust – iShares USD Systematic Bond ETF (ticker: USBF) contains no substantive portfolio or financial data. All key sections – assets & liabilities, risk metrics, securities-lending details, returns, and derivatives disclosures – are blank. The registrant, series, LEI, address, and contact fields are also left empty. Only the boiler-plate structure of the monthly portfolio report is present and the filing is marked as a LIVE electronic submission.

Because the quantitative schedules are not populated, investors receive no insight into USBF’s net assets, portfolio composition, risk exposure, or recent performance from this document. There is likewise no indication that the Fund considers this its final NPORT-P filing.

Overall, the submission appears to be an incomplete or placeholder filing, offering minimal information beyond confirming the ETF’s regulatory obligation to file monthly reports.

Positive

None.

Negative

No financial metrics disclosed, preventing assessment of USBF's portfolio, risk profile, or performance.
Key registrant and series identifiers missing, limiting transparency for investors.

Insights

TL;DR: Filing is blank; no portfolio or performance data, therefore little investor impact.

This NPORT-P for iShares USD Systematic Bond ETF provides only the form’s template without quantitative disclosures. The absence of assets, liabilities, risk metrics and return data means investors cannot evaluate NAV, duration, credit profile or recent performance. While the LIVE status confirms regulatory submission, the lack of substance renders the document immaterial for valuation or risk assessment. Unless a corrected filing follows, the market impact is negligible.

06/26/2025 - 11:43 AM

NPORT-P: Filer Information

Filer CIK
Filer CCC
Filer Investment Company Type
Is this a LIVE or TEST Filing?	LIVE TEST
Would you like a Return Copy?
Is this an electronic copy of an official filing submitted in paper format?

Submission Contact Information

Name
Phone
E-Mail Address

Notification Information

Notify via Filing Website only?
Series ID

Class (Contract) ID

Source: View Original Filing on SEC EDGAR

FAQ

What did USBF disclose in its latest NPORT-P filing?

The filing is largely blank; it contains no asset, liability, risk, or return data.

Does the NPORT-P show USBF's net asset value or portfolio holdings?

No. All financial fields are empty, so NAV and holdings are undisclosed.

Is this USBF's final NPORT-P report?

The form includes a question about final filing, but no answer was selected, so it is not marked as final.

Why is a blank NPORT-P significant to investors?

It provides no actionable information, hindering transparency and portfolio analysis.

What is Form NPORT-P used for?

It reports a fund’s monthly portfolio, risk metrics, and performance data to the SEC and investors.

a. Name of Registrant
b. Investment Company Act file number for Registrant: (e.g., 811-______)
c. CIK number of Registrant
d. LEI of Registrant

Street Address 1
Street Address 2
City
State, if applicable
Foreign country, if applicable
Zip / Postal Code
Telephone number

Amounts payable within one year.
Banks or other financial institutions for borrowings.
Controlled companies.
Other affiliates.
Others.
Amounts payable after one year.
Banks or other financial institutions for borrowings.
Controlled companies.
Other affiliates.
Others.

(i) On a delayed delivery, when-issued, or other firm commitment basis:
(ii) On a standby commitment basis:
e. Liquidation preference of outstanding preferred stock issued by the Fund.
f. Cash and cash equivalents not reported in Parts C and D.

Maturity period.
3 month.
1 year.
5 years.
10 years.
30 years.

a. Name of Series.
b. EDGAR series identifier (if any).
c. LEI of Series.

a. Date of fiscal year-end.
b. Date as of which information is reported.

a. Total assets, including assets attributable to miscellaneous securities reported in Part D.
b. Total liabilities.
c. Net assets.

a. Assets attributable to miscellaneous securities reported in Part D.
b. Assets invested in a Controlled Foreign Corporation for the purpose of investing in certain types of instruments such as, but not limited to, commodities.

Investment grade.
Maturity period.
3 month.
1 year.
5 years.
10 years.
30 years.
Non-Investment grade.
Maturity period.
3 month.
1 year.
5 years.
10 years.
30 years.

Monthly Total Return Record: 1
Monthly total returns of the Fund for each of the preceding three months - Month 1.
Monthly total returns of the Fund for each of the preceding three months - Month 2.
Monthly total returns of the Fund for each of the preceding three months - Month 3.
b. Class identification number(s) (if any) of the Class(es) for which returns are reported.

Monthly net realized gain(loss) - Month 1
Monthly net change in unrealized appreciation (or depreciation) - Month 1

a. Total net asset value of shares sold (including exchanges but excluding reinvestment of dividends and distributions).
b. Total net asset value of shares sold in connection with reinvestments of dividends and distributions.
c. Total net asset value of shares redeemed or repurchased, including exchanges.

a. If applicable, provide the Fund's current Highly Liquid Investment Minimum.
b. If applicable, provide the number of days that the Fund's holdings in Highly Liquid Investments fell below the Fund's Highly Liquid Investment Minimum during the reporting period.
c. Did the Fund's Highly Liquid Investment Minimum change during the reporting period?	Yes No N/A

a. Derivatives exposure (as defined in rule 18f-4(a) [17 CFR 270.18f-4(a)]), reported as a percentage of the Fund's net asset value.
b. Exposure from currency derivatives that hedge currency risks, as provided in rule 18f-4(c)(4)(i)(B) [17 CFR 270.18f-4(c)(4)(i)(B)], reported as a percentage of the Fund's net asset value.
c. Exposure from interest rate derivatives that hedge interest rate risks, as provided in rule 18f-4(c)(4)(i)(B) [17 CFR 270.18f-4(c)(4)(i)(B)], reported as a percentage of the Fund's net asset value.
d. The number of business days, if any, in excess of the five-business-day period described in rule 18f-4(c)(4)(ii) [17 CFR 270.18f-4(c)(4)(ii)], that the Fund's derivatives exposure exceeded 10 percent of its net assets during the reporting period.

Currency Metric: 1
ISO Currency code

a. Median daily VaR during the reporting period, reported as a percentage of the Fund's net asset value.
b. For Funds that were subject to the Relative VaR Test during the reporting period, provide:
i. As applicable, the name of the Fund's Designated Index, or a statement that the Fund's Designated Reference Portfolio is the Fund's Securities Portfolio.
ii. As applicable, the index identifier for the Fund's Designated Index.
iii. Median VaR Ratio during the reporting period, reported as a percentage of the VaRof the Fund's Designated Reference Portfolio.
c. Backtesting Results. Number of exceptions that the Fund identified as a result of its backtesting of its VaR calculation model (as described in rule 18f-4(c)(1)(iv) [17 CFR 270.18f-4(c)(1)(iv)] during the reporting period.

a. Name of issuer (if any).
b. LEI (if any) of issuer. In the case of a holding in a fund that is a series of a series trust, report the LEI of the series.
c. Title of the issue or description of the investment.
d. CUSIP (if any).

Identifier.
Other unique identifier (if ticker and ISIN are not available). Indicate the type of identifier used
Description of other unique identifier.

Balance
Units
Description of other units.
Currency. Indicate the currency in which the investment is denominated.
Value. Report values in U.S. dollars. If currency of investment is not denominated in U.S. dollars, provide the exchange rate used to calculate value.
Exchange rate.
Percentage value compared to net assets of the Fund.

Report the ISO country code that corresponds to the country where the issuer is organized.
If different from the country where the issuer is organized, also report the ISO country code that corresponds to the country of investment or issuer based on the concentrations of the risk and economic exposure of the investments.

i. Select the category that most closely reflects the coupon type among the following (fixed, floating, variable, none).
ii. Annualized rate.
c. Currently in default? [Y/N]	Yes No
d. Are there any interest payments in arrears or have any coupon payments been legally deferred by the issuer? [Y/N]	Yes No
e. Is any portion of the interest paid in kind? [Y/N] Enter "N" if the interest may be paid in kind but is not actually paid in kind or if the Fund has the option of electing in-kind payment and has elected to be paid in-kind.	Yes No

i. Mandatory convertible? [Y/N]	Yes No
ii. Contingent convertible? [Y/N]	Yes No

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[NPORT-P] iShares Trust iShares USD Systematic Bond ETF SEC Filing

Insights

Financial Analyst neutral

NPORT-P: Filer Information

Submission Contact Information

Notification Information

NPORT-P: Part A: General Information

Item A.1. Information about the Registrant.

Item A.2. Information about the Series.

Item A.3. Reporting period.

Item A.4. Final filing

NPORT-P: Part B: Information About the Fund

Item B.1. Assets and liabilities. Report amounts in U.S. dollars.

Item B.2. Certain assets and liabilities. Report amounts in U.S. dollars.

Item B.3. Portfolio level risk metrics.

Item B.4. Securities lending.

Item B.5. Return information.

Item B.6. Flow information.

Item B.7. Highly Liquid Investment Minimum information.

Item B.8. Derivatives Transactions.

Item B.9. Derivatives Exposure for limited derivatives users.

Item B.10. VaR information.

NPORT-P: Part C: Schedule of Portfolio Investments

Item C.1. Identification of investment.

Item C.2. Amount of each investment.

Item C.3. Indicate payoff profile among the following categories (long, short, N/A). For derivatives, respond N/A to this Item and respond to the relevant payoff profile question in Item C.11.

Item C.4. Asset and issuer type. Select the category that most closely identifies the instrument among each of the following:

Item C.5. Country of investment or issuer.

Item C.6. Is the investment a Restricted Security?

Item C.7.

Item C.9. For debt securities

Item C.10. For repurchase and reverse repurchase agreements, also provide:

Item C.11. For derivatives, also provide:

Item C.12. Securities lending.