XLB - DEX Long Term Bond Index Fund

Commencement Date: 06-Nov-2006
The iShares DEX Long Term Bond Index Fund seeks to provide income by replicating, to the extent possible, the performance of the DEX Long Term Bond Index™, net of expenses. The DEX Long Term Bond Index is comprised primarily of semi-annual pay fixed rate government and corporate bonds issued domestically in Canada and denominated in Canadian dollars, with an investment grade rating and a remaining effective term to maturity of at least ten years.

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.

XLB CAD

Quote

Historical Prices

 

Market Price

as of 21-May-2013

NAV

as of 21-May-2013

Close $23.27 $23.24
Change $0.01   0.04% $0.01   0.06%
52-week Range 22.67 - 23.96 22.68 - 23.88

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Top Daily Holdings* as of 21-May-2013
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Holding % of Fund Coupon Maturity Ratings
CANADA (GOVERNMENT OF) 5.08% 4.00 01-Jun-2041 AAA
CANADA (GOVERNMENT OF) 4.57% 5.00 01-Jun-2037 AAA
CANADA (GOVERNMENT OF) 4.18% 5.75 01-Jun-2033 AAA
CANADA (GOVERNMENT OF) 4.18% 5.75 01-Jun-2029 AAA
ONTARIO (PROVINCE OF) 3.15% 4.65 02-Jun-2041 AA
ONTARIO (PROVINCE OF) 2.77% 3.50 02-Jun-2043 AA
CANADA (GOVERNMENT OF) 2.31% 1.50 01-Jun-2023 AAA
CANADA (GOVERNMENT OF) 2.29% 3.50 01-Dec-2045 AAA
QUEBEC (PROVINCE OF) 2.27% 5.00 01-Dec-2041 A
QUEBEC (PROVINCE OF) 2.25% 4.25 01-Dec-2043 A
Total: 33.05%      
*Holdings are subject to change.

Sector Breakdown as of 17-May-2013
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Sector

% of Fund

Sector

% of Fund

 
Provincial
46.62%
 
Communication
1.63%
 
Federal
26.81%
 
Industrial
1.42%
 
Infrastructure
9.22%
 
Municipal
1.37%
 
Energy
5.23%
 
Other/Undefined
4.11%
 
Financial
3.59%  

Maturity as of 21-May-2013
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Timeframe % of Maturity
0 - 1 Year 0.00%
1 - 5 Years 0.00%
5 - 10 Years 0.00%
10 - 15 Years 17.48%
15 - 20 Years 17.43%
20 - 25 Years 23.37%
25+ Years 39.67%
Average: 22.00  Years

Yield as of 21-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.

 		3.83%
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.

 		3.75%
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.

 		3.27%

Fundamentals & Risk as of 21-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.

 		22.00
Weighted Average Coupon (%) Weighted Average Coupon (%)

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

 		5.10%
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.

 		13.53

Profile

as of 21-May-2013

 
Assets Under Management $267,236,727
Fiscal Year End 31-Dec-2013
Units Outstanding 11,500,000
Number of Holdings 314
Inception Date 06-Nov-2006
Index Provider PC Bond
Underlying Index DEX Long Term Bond 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.

 		  0.35%
Estimated Annual HST Estimated Annual HST

Estimated annual HST payable by the fund for the current year.

 		  0.02%
Management Expense Ratio (MER) Management Expense Ratio(MER)

As reported in the fund's most recent Annual Management Report of Fund Performance. MER includes all management fees and GST/HST paid by the fund for the period, including fees paid indirectly as a result of holdings of other ETFs.

 		  0.39%

Distribution Information as of  21-May-2013

 
Eligible for Registered Plans No**
Distribution Frequency Monthly
Last Distribution per Share $0.06981
Distribution Yield 3.83%
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 XLB
Underlying Index DEX Long Term Bond Index
Exchange Toronto Stock Exchange
CUSIP 46430M104
Listed Options N

Ratings

as of 21-May-2013

Ratings % of Fund
AAA 32.46%
AA 25.95%
A 33.03%
BBB 6.51%
BB 0.00%
B 0.00%
CCC 0.00%
CC 0.00%
C 0.00%
D 0.00%
Other 0.00%