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iShares 10+ Year Credit Bond Fund ETF (the Fund) seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of The BofA Merrill Lynch 10+ Year United States Corporate & Yankees Index (the Underlying Index), which includes debt securities issued publicly by United States corporations and United States dollar-denominated, publicly issued debt of non- United States corporations, non- United States government debt and supranational debt.
The Fund will generally invest at least 80% of its assets in the securities of its Underlying Index or in depositary receipts representing securities in the Underlying Index. BlackRock Fund Advisors is the investment adviser to the Fund. .