iShares USD Systematic Bond ETF SEC Filings

iShares Trust – iShares USD Systematic Bond ETF (NYSE: USBF) filed its routine Form NPORT-P covering the period ended 30 April 2025.

The report shows total assets of $43.28 million, liabilities of $3.44 thousand, and net assets of $43.28 million. Interest-rate risk metrics (DV01) are most pronounced in the 1-year bucket at 7,027.05, with minimal exposure beyond five years. The fund reported no borrowings, preferred stock, or material derivative positions, and cash equivalents totaled just $0.02. Monthly total returns for the three most recent months were 1.0149, 1.0372, and 0.9020, indicating modest performance fluctuation.

No significant transactions, strategy changes, or new risk factors were disclosed, making this a standard informational filing.

iShares Trust – iShares iBonds 2030 Term High Yield and Income ETF filed its Form N-PORT for the period ending 30 April 2025.

• Net assets: $55.6 million, derived from $67.3 million total assets and $11.7 million liabilities.
• Interest-rate risk: 5-year DV01 of $7,037 and DV100 of $1.64 million; limited exposure beyond the 5-year bucket.
• Credit-spread risk: Non-investment-grade CS01 peaks at $17,718 (5-year), while investment-grade exposure is negligible.
• Securities lending: Approximately $11.1 million—or roughly 20 % of net assets—are on loan to 13 counterparties; the largest are Barclays Bank plc ($3.4 million) and RBC Capital Markets ($3.2 million).
• Recent performance: consecutive monthly returns of +0.49 %, –1.09 %, and +0.13 %.
• Liquidity & leverage: Cash balances are immaterial ($0.17) and the fund reports no borrowings or preferred stock.

Overview: The submitted document is a Form NPORT-P for the iShares Trust – iShares USD Systematic Bond ETF (symbol: USBF). The filing is essentially a blank template; virtually every quantitative and narrative field—including registrant identification, portfolio holdings, asset-liability figures, risk metrics, securities-lending data, and monthly performance—has been left empty.

Key observations:

• No registrant information: CIK, LEI, address, or phone details are missing.
• No Series information: the Series name, EDGAR identifier, and LEI are blank.
• Financial sections (Items B.1-B.5) contain no dollar amounts, risk calculations, or returns.
• The filing flags “LIVE” status but provides no data, indicating either an inadvertent upload or an initial placeholder submission.
• No indication that this is a final NPORT-P filing; the default “No” is shown.

Materiality: Because the report contains no financial metrics, holdings, or risk disclosures, it provides no actionable insight for investors. The absence of information also means that standard compliance disclosures under Form NPORT-P have not been met in this iteration.

iShares USD Systematic Bond ETF (NYSE: USBF) submitted a routine Form NPORT-P covering its monthly portfolio holdings. The document is largely boiler-plate, contains no specific asset, liability, risk-metric, or performance figures, and discloses no material transactions, strategy changes, or risk factors. As such, the filing serves only to meet regulatory transparency requirements and does not provide information likely to affect the ETF’s valuation or outlook.

iShares Trust – iShares USD Systematic Bond ETF (USBF) has submitted a Form NPORT-P monthly portfolio report to the SEC.

The document is largely a template: while it affirms that the submission is a LIVE electronic filing, virtually every quantitative field—total assets, liabilities, net assets, portfolio-level risk metrics, securities-lending details and three-month return data—has been left blank. Key identifiers for the registrant, series, LEI and contact information are also missing. As a result, the filing does not provide investors with any insight into the fund’s current portfolio composition, risk exposure or recent performance.

The report therefore satisfies a procedural requirement but offers no material financial information that could affect an investment decision.