XFR - DEX Floating Rate Note Index Fund

Commencement Date: 06-Dec-2011
The iShares DEX Floating Rate Note Index Fund (XFR) seeks to provide income while limiting interest rate risk by replicating, to the extent possible, the performance of the DEX FRN Index, net of expenses. The investment strategy of XFR is to invest in a regularly rebalanced portfolio of floating-rate bonds, selected by BlackRock Canada from time to time, that closely matches the characteristics of the Index.

Please click here for a detailed Information Sheet and Trailing 12-Month Cash Yield.

Looking to add even more fixed income expertise to your portfolio? Click here to learn more about iShares Fixed Income Model Portfolios.

XFR CAD

Quote

Historical Prices

 

Market Price

as of 17-May-2013

NAV

as of 17-May-2013

Close $20.17 $20.16
Change $0.02   0.10% $0.00   0.01%
52-week Range 20.07 - 20.17 20.07 - 20.16

Tools

Top Daily Holdings* as of 17-May-2013
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Holding % of Fund Coupon Maturity Ratings
CANADA HOUSING TRUST NO.1 9.12% 1.33 15-Sep-2016 AAA
CANADA HOUSING TRUST NO 1 7.19% 1.26 15-Sep-2017 AAA
CANADA HOUSING TRUST NO 1 6.85% 1.48 15-Mar-2017 AAA
CANADA HOUSING TRUST NO 1 6.47% 1.21 15-Mar-2018 --
CANADA HOUSING TRUST 6.23% 1.65 15-Sep-2014 AAA
CANADA HOUSING TRUST 4.91% 1.40 15-Mar-2016 AAA
CANADA HOUSING TRUST NO 1 4.87% 1.43 15-Mar-2015 AAA
CANADA HOUSING TRUST NO 1 4.78% 1.41 15-Sep-2015 AAA
BANK OF MONTREAL 3.57% 1.62 23-Mar-2015 --
CANADA HOUSING TRUST NO.1 2.98% 1.78 15-Mar-2014 AAA
Total: 56.97%      
*Holdings are subject to change.

Sector Breakdown as of 16-May-2013
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Sector

% of Fund

Sector

% of Fund

 
Government
83.74%
 
Other/Undefined
7.73%
 
CORPORATE
8.52%  

Maturity as of 17-May-2013
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Timeframe % of Maturity
0 - 1 Year 13.05%
1 - 5 Years 84.86%
5 - 10 Years 1.77%
10 - 15 Years 0.00%
15 - 20 Years 0.00%
20 - 25 Years 0.00%
25+ Years 0.00%
Average: 2.63  Years

Yield as of 16-May-2013
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  % of Yield
Distribution Yield Distribution Yield

The annual yield an investor would receive if the most recent fund distribution stayed the same going forward. The yield represents a single distribution from the fund and does not represent the total return of the fund. The yield is calculated by annualizing the most recent distribution and dividing by the fund NAV from the as-of date. This figure is net of management fees and other fund expenses.

 		1.36%
12-Month Trailing Yield 12-Month Trailing Yield

The yield an investor would have received if they had held the fund over the last twelve months assuming the most recent NAV. The 12-Month yield is calculated by summing any income distributions over the past twelve months and dividing by the sum of the most recent NAV and any capital gain distributions made over the past twelve months. This figure does not take into account management fees or other fund expenses.

 		1.37%
Weighted Average Yield to Maturity (%) Weighted Average Yield to Maturity (%)

The average YTM is the interest rate that will make the present value of the cash flows from a bond equal to its market price plus accrued interest. The average yield to maturity considers not only the coupon income, but any capital gain or loss that the investor will realize by holding the bonds to maturity. It also considers the reinvestment of the coupons.

 		1.26%

Fundamentals & Risk as of 16-May-2013

 
Weighted Average Term Weighted Average Term

The average number of years that each dollar of unpaid principal due on the mortgage remains outstanding.

 		2.63
Weighted Average Coupon (%) Weighted Average Coupon (%)

The mean of the coupon rate of the underlying bonds in a portfolio.

 		1.53%
Weighted Average Duration (yrs) Weighted Average Duration (yrs)

The mean duration of the underlying bonds in the portfolio of the fund.

Duration is a measure of the responsiveness of a bond's price to small changes in interest rates. Bond prices generally move inversely to interest rates.

 		0.10

Profile

as of 17-May-2013

 
Assets Under Management $82,653,139
Fiscal Year End 31-Dec-2012
Units Outstanding 4,100,000
Number of Holdings 44
Inception Date 06-Dec-2011
Index Provider PC Bond
Underlying Index DEX FRN Index

Fees & Expenses

 
Management Fee ** Management Fee

The annual fee payable by the fund to BlackRock Canada for acting as trustee and manager of the fund.

 		  0.20%
**Effective November 14, 2011, BlackRock Canada has agreed to waive all of the management fee that would otherwise be payable by XFR. The waiver will expire on June 30, 2012. There is no assurance that any full or partial management fee waiver will continue after June 30, 2012.

Distribution Information as of  16-May-2013

 
Program Eligibility* DRIP
Eligible for Registered Plans Yes**
Distribution Frequency Monthly
Last Distribution per Share $0.02136
Distribution Yield 1.36%
Last Date Paid 31-May-2013
*BlackRock Canada offers these programs through the fund's transfer agent. Participation by individual brokerage can vary.
**Investors should consult their plan operator to verify whether their specific account supports investments in iShares ETFs.

Trading Information

 
Ticker XFR
Underlying Index DEX FRN Index
Exchange Toronto Stock Exchange
CUSIP 46432B106
Listed Options N

Ratings

as of 17-May-2013

Ratings % of Fund
AAA 52.42%
AA 10.90%
A 16.29%
BBB 0.00%
BB 0.00%
B 0.00%
CCC 0.00%
CC 0.00%
C 0.00%
D 0.00%
Other 0.00%