BlackRock Short Duration Bond ETF
Name
As of 11/19/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
4.4%
1 yr return
6.4%
3 Yr Avg Return
4.0%
5 Yr Avg Return
2.8%
Net Assets
$2.96 B
Holdings in Top 10
36.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.25%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 55.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 11/19/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
NEAR - Profile
Distributions
- YTD Total Return 4.4%
- 3 Yr Annualized Total Return 4.0%
- 5 Yr Annualized Total Return 2.8%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.76%
- Dividend Yield 4.6%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameBlackRock Short Duration Bond ETF
-
Fund Family NameBlackRock-advised Funds
-
Inception DateSep 25, 2013
-
Shares Outstanding93250000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerScott Radell
Fund Description
NEAR - Performance
Return Ranking - Trailing
Period | NEAR Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.4% | -0.6% | 7.6% | 91.55% |
1 Yr | 6.4% | 1.8% | 9.2% | 30.05% |
3 Yr | 4.0%* | -1.3% | 6.9% | 13.17% |
5 Yr | 2.8%* | -0.9% | 4.7% | 20.00% |
10 Yr | 2.2%* | -4.2% | 27.9% | 23.97% |
* Annualized
Return Ranking - Calendar
Period | NEAR Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.5% | -2.3% | 4.3% | 13.15% |
2022 | -1.4% | -6.5% | 0.5% | 34.95% |
2021 | -0.4% | -2.1% | 0.3% | 45.00% |
2020 | -0.2% | -3.1% | 1.8% | 76.56% |
2019 | 0.8% | -1.2% | 6.1% | 30.77% |
Total Return Ranking - Trailing
Period | NEAR Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.4% | -0.6% | 7.6% | 91.55% |
1 Yr | 6.4% | 1.8% | 9.2% | 30.05% |
3 Yr | 4.0%* | -1.3% | 6.9% | 13.17% |
5 Yr | 2.8%* | -0.9% | 4.7% | 20.00% |
10 Yr | 2.2%* | -4.2% | 27.9% | 23.97% |
* Annualized
Total Return Ranking - Calendar
Period | NEAR Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.4% | 0.8% | 12.1% | 7.51% |
2022 | 0.4% | -5.1% | 2.5% | 34.95% |
2021 | 0.3% | -2.1% | 14.5% | 27.50% |
2020 | 1.4% | -1.0% | 3.6% | 65.10% |
2019 | 3.5% | 0.3% | 9.6% | 20.33% |
NEAR - Holdings
Concentration Analysis
NEAR | Category Low | Category High | NEAR % Rank | |
---|---|---|---|---|
Net Assets | 2.96 B | 26.6 K | 22.6 B | 23.94% |
Number of Holdings | 1060 | 2 | 1258 | 8.92% |
Net Assets in Top 10 | 1.08 B | 27.7 K | 22.7 B | 19.25% |
Weighting of Top 10 | 36.38% | 6.3% | 159.6% | 19.25% |
Top 10 Holdings
- U.S. Treasury Notes 15.50%
- U.S. Treasury Notes 4.10%
- U.S. Treasury Notes 4.06%
- U.S. Treasury Notes 3.06%
- U.S. Treasury Notes 2.89%
- U.S. Treasury Notes 2.83%
- U.S. Treasury Notes 1.36%
- Bank of America Corp 0.91%
- BlackRock Cash Funds: Institutional, SL Agency Shares 0.86%
- U.S. Treasury Notes 0.82%
Asset Allocation
Weighting | Return Low | Return High | NEAR % Rank | |
---|---|---|---|---|
Bonds | 84.61% | 0.00% | 129.63% | 38.50% |
Other | 13.40% | -13.48% | 99.96% | 41.31% |
Convertible Bonds | 3.86% | 0.00% | 15.25% | 42.92% |
Cash | 1.99% | 0.00% | 112.72% | 74.18% |
Stocks | 0.00% | 0.00% | 97.16% | 81.69% |
Preferred Stocks | 0.00% | 0.00% | 0.00% | 80.28% |
Bond Sector Breakdown
Weighting | Return Low | Return High | NEAR % Rank | |
---|---|---|---|---|
Corporate | 61.72% | 0.00% | 99.91% | 12.26% |
Securitized | 21.94% | 0.00% | 100.00% | 58.02% |
Cash & Equivalents | 1.99% | 0.00% | 112.72% | 65.73% |
Municipal | 0.00% | 0.00% | 70.39% | 89.15% |
Government | 0.00% | 0.00% | 100.00% | 94.81% |
Derivative | -0.20% | -13.48% | 16.56% | 93.90% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | NEAR % Rank | |
---|---|---|---|---|
US | 80.82% | 0.00% | 129.63% | 48.83% |
Non US | 3.80% | 0.00% | 20.18% | 5.16% |
NEAR - Expenses
Operational Fees
NEAR Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.25% | 0.08% | 29.63% | 84.76% |
Management Fee | 0.25% | 0.00% | 1.19% | 57.28% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.40% | N/A |
Sales Fees
NEAR Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.50% | 5.75% | N/A |
Deferred Load | N/A | 0.25% | 1.00% | N/A |
Trading Fees
NEAR Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 1.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
NEAR Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 55.00% | 0.00% | 336.00% | 34.08% |
NEAR - Distributions
Dividend Yield Analysis
NEAR | Category Low | Category High | NEAR % Rank | |
---|---|---|---|---|
Dividend Yield | 4.56% | 0.00% | 8.76% | 37.09% |
Dividend Distribution Analysis
NEAR | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
NEAR | Category Low | Category High | NEAR % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.76% | -1.30% | 14.86% | 25.37% |
Capital Gain Distribution Analysis
NEAR | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Nov 01, 2024 | $0.192 | OrdinaryDividend |
Oct 01, 2024 | $0.207 | OrdinaryDividend |
Sep 03, 2024 | $0.210 | OrdinaryDividend |
Aug 01, 2024 | $0.226 | OrdinaryDividend |
Jul 01, 2024 | $0.213 | OrdinaryDividend |
Jun 03, 2024 | $0.204 | OrdinaryDividend |
May 01, 2024 | $0.200 | OrdinaryDividend |
Apr 01, 2024 | $0.199 | OrdinaryDividend |
Mar 01, 2024 | $0.195 | OrdinaryDividend |
Feb 01, 2024 | $0.211 | OrdinaryDividend |
Dec 14, 2023 | $0.318 | OrdinaryDividend |
Dec 01, 2023 | $0.235 | OrdinaryDividend |
Nov 01, 2023 | $0.208 | OrdinaryDividend |
Oct 02, 2023 | $0.198 | OrdinaryDividend |
Sep 01, 2023 | $0.194 | OrdinaryDividend |
Aug 01, 2023 | $0.182 | OrdinaryDividend |
Jul 03, 2023 | $0.184 | OrdinaryDividend |
Jun 01, 2023 | $0.175 | OrdinaryDividend |
May 01, 2023 | $0.184 | OrdinaryDividend |
Apr 03, 2023 | $0.161 | OrdinaryDividend |
Mar 01, 2023 | $0.146 | OrdinaryDividend |
Feb 01, 2023 | $0.131 | OrdinaryDividend |
Dec 15, 2022 | $0.157 | OrdinaryDividend |
Dec 01, 2022 | $0.125 | OrdinaryDividend |
Nov 01, 2022 | $0.132 | OrdinaryDividend |
Oct 03, 2022 | $0.091 | OrdinaryDividend |
Sep 01, 2022 | $0.083 | OrdinaryDividend |
Aug 01, 2022 | $0.067 | OrdinaryDividend |
Jul 01, 2022 | $0.058 | OrdinaryDividend |
Jun 01, 2022 | $0.042 | OrdinaryDividend |
May 02, 2022 | $0.036 | OrdinaryDividend |
Apr 01, 2022 | $0.031 | OrdinaryDividend |
Mar 01, 2022 | $0.027 | OrdinaryDividend |
Feb 01, 2022 | $0.028 | OrdinaryDividend |
Dec 16, 2021 | $0.020 | OrdinaryDividend |
Dec 01, 2021 | $0.027 | OrdinaryDividend |
Nov 01, 2021 | $0.029 | OrdinaryDividend |
Oct 01, 2021 | $0.030 | OrdinaryDividend |
Sep 01, 2021 | $0.028 | OrdinaryDividend |
Aug 02, 2021 | $0.031 | OrdinaryDividend |
Jul 01, 2021 | $0.032 | OrdinaryDividend |
Jun 01, 2021 | $0.032 | OrdinaryDividend |
May 03, 2021 | $0.032 | OrdinaryDividend |
Apr 01, 2021 | $0.036 | OrdinaryDividend |
Mar 01, 2021 | $0.040 | OrdinaryDividend |
Feb 01, 2021 | $0.043 | OrdinaryDividend |
Dec 17, 2020 | $0.042 | OrdinaryDividend |
Dec 01, 2020 | $0.044 | OrdinaryDividend |
Nov 02, 2020 | $0.040 | OrdinaryDividend |
Oct 01, 2020 | $0.041 | OrdinaryDividend |
Sep 01, 2020 | $0.047 | OrdinaryDividend |
Aug 03, 2020 | $0.052 | OrdinaryDividend |
Jul 01, 2020 | $0.061 | OrdinaryDividend |
Jun 01, 2020 | $0.070 | OrdinaryDividend |
May 01, 2020 | $0.081 | OrdinaryDividend |
Apr 01, 2020 | $0.093 | OrdinaryDividend |
Mar 02, 2020 | $0.096 | OrdinaryDividend |
Feb 03, 2020 | $0.102 | OrdinaryDividend |
Dec 19, 2019 | $0.103 | OrdinaryDividend |
Dec 02, 2019 | $0.100 | OrdinaryDividend |
Nov 01, 2019 | $0.111 | OrdinaryDividend |
Oct 01, 2019 | $0.106 | OrdinaryDividend |
Sep 03, 2019 | $0.112 | OrdinaryDividend |
Aug 01, 2019 | $0.115 | OrdinaryDividend |
Jul 01, 2019 | $0.115 | OrdinaryDividend |
Jun 03, 2019 | $0.120 | OrdinaryDividend |
May 01, 2019 | $0.119 | OrdinaryDividend |
Apr 01, 2019 | $0.118 | OrdinaryDividend |
Mar 01, 2019 | $0.120 | OrdinaryDividend |
Feb 01, 2019 | $0.111 | OrdinaryDividend |
Dec 18, 2018 | $0.091 | OrdinaryDividend |
Dec 03, 2018 | $0.101 | OrdinaryDividend |
Nov 01, 2018 | $0.110 | OrdinaryDividend |
Oct 01, 2018 | $0.101 | OrdinaryDividend |
Sep 04, 2018 | $0.106 | OrdinaryDividend |
Aug 01, 2018 | $0.100 | OrdinaryDividend |
Jul 02, 2018 | $0.100 | OrdinaryDividend |
Jun 01, 2018 | $0.093 | OrdinaryDividend |
May 01, 2018 | $0.087 | OrdinaryDividend |
Apr 02, 2018 | $0.082 | OrdinaryDividend |
Mar 01, 2018 | $0.075 | OrdinaryDividend |
Feb 01, 2018 | $0.075 | OrdinaryDividend |
Dec 21, 2017 | $0.057 | OrdinaryDividend |
Dec 01, 2017 | $0.070 | OrdinaryDividend |
Nov 01, 2017 | $0.067 | OrdinaryDividend |
Oct 02, 2017 | $0.068 | OrdinaryDividend |
Sep 01, 2017 | $0.070 | OrdinaryDividend |
Aug 01, 2017 | $0.068 | OrdinaryDividend |
Jul 03, 2017 | $0.067 | OrdinaryDividend |
Jun 01, 2017 | $0.063 | OrdinaryDividend |
May 01, 2017 | $0.061 | OrdinaryDividend |
Apr 03, 2017 | $0.059 | OrdinaryDividend |
Mar 01, 2017 | $0.059 | OrdinaryDividend |
Feb 01, 2017 | $0.053 | OrdinaryDividend |
Dec 22, 2016 | $0.039 | OrdinaryDividend |
Dec 01, 2016 | $0.049 | OrdinaryDividend |
Nov 01, 2016 | $0.047 | OrdinaryDividend |
Oct 03, 2016 | $0.049 | OrdinaryDividend |
Sep 01, 2016 | $0.054 | OrdinaryDividend |
Aug 01, 2016 | $0.049 | OrdinaryDividend |
Jul 01, 2016 | $0.047 | OrdinaryDividend |
Jun 01, 2016 | $0.043 | OrdinaryDividend |
May 02, 2016 | $0.040 | OrdinaryDividend |
Apr 01, 2016 | $0.036 | OrdinaryDividend |
Mar 01, 2016 | $0.040 | OrdinaryDividend |
Feb 01, 2016 | $0.042 | OrdinaryDividend |
Dec 24, 2015 | $0.029 | OrdinaryDividend |
Dec 01, 2015 | $0.038 | OrdinaryDividend |
Nov 02, 2015 | $0.039 | OrdinaryDividend |
Oct 01, 2015 | $0.037 | OrdinaryDividend |
Sep 01, 2015 | $0.037 | OrdinaryDividend |
Aug 03, 2015 | $0.036 | OrdinaryDividend |
Jul 01, 2015 | $0.033 | OrdinaryDividend |
Jun 01, 2015 | $0.035 | OrdinaryDividend |
May 01, 2015 | $0.034 | OrdinaryDividend |
Apr 01, 2015 | $0.034 | OrdinaryDividend |
Mar 02, 2015 | $0.039 | OrdinaryDividend |
Feb 02, 2015 | $0.033 | OrdinaryDividend |
Dec 24, 2014 | $0.032 | OrdinaryDividend |
Dec 01, 2014 | $0.035 | OrdinaryDividend |
Nov 03, 2014 | $0.034 | OrdinaryDividend |
Oct 01, 2014 | $0.030 | OrdinaryDividend |
Sep 02, 2014 | $0.036 | OrdinaryDividend |
Aug 01, 2014 | $0.038 | OrdinaryDividend |
Jul 01, 2014 | $0.038 | OrdinaryDividend |
Jun 02, 2014 | $0.035 | OrdinaryDividend |
May 01, 2014 | $0.037 | OrdinaryDividend |
Apr 01, 2014 | $0.037 | OrdinaryDividend |
Mar 03, 2014 | $0.040 | OrdinaryDividend |
Feb 03, 2014 | $0.035 | OrdinaryDividend |
Dec 26, 2013 | $0.005 | OrdinaryDividend |
Dec 02, 2013 | $0.035 | OrdinaryDividend |
NEAR - Fund Manager Analysis
Managers
Scott Radell
Start Date
Tenure
Tenure Rank
Sep 25, 2013
8.68
8.7%
Scott Radell has been employed as managing director and portfolio manager with BlackRock Investment Management LLC and BlackRock Financial Advisers (formerly, Barclays Global Fund Advisors) and its predecessors since 2009. Mr. Radell served as a portfolio manager at Barclays Global Fund Advisors and its affiliates since 2004. Radell was a credit strategist from 2003 to 2004 before becoming a CoreAlpha Bond Portfolio Manager and prior to that he was employed by Morgan Stanley Asset Management as a credit analyst from 1996 to 2003.
Scott MacLellan
Start Date
Tenure
Tenure Rank
Oct 15, 2020
1.62
1.6%
Scott MacLellan, CFA, Director, is a portfolio manager on the Short Duration team within the BlackRock Multi-Sector Fixed Income Portfolio Management Group. Prior to assuming his current responsibilities in 2008, Mr. MacLellan was a member of the Global Client Group, focused on Japanese clients. He also served as a product specialist for short duration and LIBOR-benchmarked fixed income products. Previously, Mr. MacLellan spent four years with Nomura BlackRock Asset Management (NBAM), a former joint venture between BlackRock and Nomura Asset Management Co., Ltd, in Tokyo as an account manager. Prior to joining NBAM in 2001, Mr. MacLellan spent a year in the Global Finance and Investment Department of IBJ Leasing in Tokyo. Mr. MacLellan earned a BS degree, with honors, in economics and international development studies from King's College in 1997.
Akiva Dickstein
Start Date
Tenure
Tenure Rank
Oct 15, 2020
1.62
1.6%
Akiva Dickstein, Managing Director, is Head of Customized Core Portfolios within BlackRock's Americas Fixed Income Alpha Strategies and a member of the Americas Fixed Income Executive Team. Mr. Dickstein has been the lead portfolio manager on BlackRock's mortgage portfolios since joining BlackRock in 2009. Prior to that, Mr. Dickstein spent eight years at Merrill Lynch, where he served as Managing Director and head of the U.S. Rates & Structured Credit Research Group. He was responsible for the team that produced MBS, ABS, CMBS, Treasuries, swaps, and interest rate derivatives research. Mr. Dickstein's publications on MBS strategy included the weekly Mortgage Investor as well as numerous lengthier articles on topics such as optimal loan modifications, the valuation of credit-sensitive MBS and ABS, and the pricing of mortgage derivatives, options, and pass-throughs. In addition, he developed Merrill's prepayment models for fixed rate and hybrid MBS. From 1993 to 2001, Mr. Dickstein was with Lehman Brothers, most recently as a Senior Vice President in Mortgage Derivatives Trading. In this role, he traded mortgage derivatives and developed Lehman's credit default model. He joined Lehman as a mortgage and asset-backed securities analyst and was named to Institutional Investor's All American Fixed Income Research Team in pass-throughs, non-agency mortgages, and asset-backed securities. Mr. Dickstein earned a BA degree in economics, summa cum laude, from Yale University in 1990, and an MA degree in physics from Princeton University in 1993.
James Mauro
Start Date
Tenure
Tenure Rank
Mar 01, 2021
1.25
1.3%
Head of San Francisco Fixed Income Core PM at BlackRock, Inc. since 2020; Managing Director of BlackRock, Inc. since 2015; Director of BlackRock, Inc. from 2010 to 2014; Vice President of State Street Global Advisors from 2001 to 2010. James Mauro has been employed by BlackRock Fund Advisors and BlackRock Institutional Trust Company, N.A. (“BTC”) as a portfolio manager since 2011. Prior to joining BTC, Mr. Mauro was a Vice President at State Street Global Advisors. His primary responsibilities include management of all government, inflation linked and derivative strategies. Other responsibilities include hedging and managing risk across all asset classes through futures and option overlays. James joined State Street Corporation in 1993. Previously, he worked as a portfolio manager on the passive team where he co-managed several Bond Index portfolios.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 32.44 | 6.52 | 7.92 |