iShares USD Systematic Bond ETF SEC Filings

Form NPORT-P filing overview: BlackRock’s iShares Trust has submitted a monthly portfolio report for the iShares USD Systematic Bond ETF (symbol USBF). The document is designated as a LIVE electronic filing, but virtually every quantitative field—including total assets, liabilities, net assets, portfolio risk metrics, securities-lending data and three-month return information—has been left blank. Sections covering registrant identity, series identification, reporting period dates and contact details are also empty. As a result, the filing contains no material financial disclosures that investors can use to evaluate the ETF’s size, performance, risk profile or liquidity.

The only substantive disclosure is Item A.4, where the fund indicates that this is not its final Form NPORT filing. All other required items (Parts B through D) remain unpopulated.

Because no numerical data or narrative explanations are provided, the filing does not alter the investment thesis for USBF and carries minimal informational value.

iShares Trust – iShares iBonds Dec 2045 Term Treasury ETF (Series ID S000090639) submitted a routine Form NPORT-P covering the month ended 30 April 2025. The fund disclosed $3.76 million in total assets against $0.21 million in liabilities, producing net assets of $3.76 million. No cash balances outside Parts C & D, borrowings, preferred stock, CFC holdings or credit-spread exposures were reported.

Duration risk dominates the portfolio: DV01 ranges from $3.13 (3-month) to $3,667.99 (30-year), translating into DV100 of $295.91 to $391,611.96. All credit spread risk metrics were zero, consistent with a pure Treasury strategy. Monthly performance data show a +1.23 % return two months ago and a -1.01 % return in the most recent month; the first month is marked “N/A”. Securities-lending collateral and final-filing status were left unspecified. Overall, the filing signals a small, unlevered U.S. Treasury fund with predictable interest-rate sensitivity and no material operational changes.

Form NPORT-P filing overview

The iShares Trust – iShares USD Systematic Bond ETF (symbol: USBF) submitted a monthly portfolio report (Form NPORT-P). The document is largely a template with nearly all quantitative fields—total assets, liabilities, net assets, risk metrics, securities-lending positions, and three-month return data—left blank. Only administrative placeholders such as “LIVE” filing status and standard questions regarding final filing, collateral and borrower records appear; none of these items contain populated answers.

Because no numerical values or qualitative disclosures are provided, the filing offers no visibility into the ETF’s portfolio composition, leverage, derivatives exposure or recent performance. The absence of material content suggests the submission is either an initial placeholder or an incomplete upload and therefore has minimal informational value for investors at this time.

iShares Trust – iShares USD Systematic Bond ETF has submitted a Form NPORT-P monthly portfolio report that is essentially an empty template. Key sections covering registrant identity, series details, fiscal period, assets, liabilities, risk metrics, securities-lending data and three-month return figures are completely unpopulated. The only populated selector shows both “LIVE” and “TEST,” implying a placeholder or mis-tagged transmission. Because no numerical data or narrative explanation is provided, the filing offers no transparency regarding portfolio composition, performance or risk profile. Accordingly, the document has minimal analytical value and does not affect the investment thesis for USBF.