| Investment Objective: |
The iShares iBonds 2033 Term High Yield and Income ETF seeks to track the investment results of an index composed of U.S. dollar-denominated, high yield and other income generating corporate bonds maturing in 2033. The Fund seeks to meet its investment objective generally by investing in component securities of the Bloomberg 2033 Term High Yield and Income Index. The Fund may also invest in U.S. government securities, short-term paper, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates. The Fund is a term fund that will terminate on or about December 15, 2033, at which time it will distribute its remaining net assets to shareholders pursuant to a plan of liquidation. The Fund does not seek to return any predetermined amount at maturity or in periodic distributions. The Underlying Index is composed of U.S. dollar denominated, taxable, fixed-rate, high yield and BBB or equivalently rated (as determined by Bloomberg Index Services Limited (the "Index Provider" or "Bloomberg") corporate bonds scheduled to mature between January 1, 2033 and December 15, 2033, inclusive. As of December 31, 2025, the Underlying Index includes approximately 135 component securities. |
