iShares Total USD Fixed Income Market ETF
BTOT
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Jose Gonzalez
- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 400 Howard Street San Francisco CA United States of America 94105
- IPO Date
- Dec 10, 2025
- CIK
- 0001100663
- Website
- blackrock.com
- Similar Companies
- Business
- iShares Total USD Fixed Income Market ETF (BTOT) is an exchange-traded fund that seeks to track the Bloomberg US Total Fixed Income Market Index, providing comprehensive exposure to U.S. dollar-denominated fixed income securities rated either investment-grade or high yield; its portfolio includes U.S. Treasuries, agency mortgage-backed securities such as those from Federal National Mortgage Association, Government National Mortgage Association and Federal Home Loan Mortgage Corporation, uniform MBS, bank loans, floating-rate notes and Treasury inflation-protected securities (TIPS); top holdings feature United States Treasury at approximately 40%, Federal National Mortgage Association at 9.7% and Government National Mortgage Association II at 3.8%, with a net expense ratio of 0.09%. BTOT operates within the broad fixed income market segment, targeting investors seeking diversified access to the full taxable U.S. bond market, including segments often excluded from traditional benchmarks like the Bloomberg US Aggregate Index; it invests at least 80% of assets in index components or substantially identical TBAs and at least 90% in fixed income securities of the underlying index types; the ETF trades on the NYSE and is issued by BlackRock's iShares platform, which pioneered ETFs in 1996 under Barclays Global Investors before BlackRock's 2009 acquisition. Launched on December 10-11, 2025, by BlackRock Inc., headquartered in New York City and founded in 1988, BTOT represents the industry's first index ETF offering single-fund access to the entire taxable U.S. bond market, expanding exposure by 28% beyond the Bloomberg US Aggregate Index and 9% beyond the Bloomberg US Universal Index; this launch complements BlackRock's multi-sector fixed income suite, such as AGG for core exposure and USIG for investment-grade strategies, amid structural bond market changes and heightened demand for diversified income sources; no further major changes, acquisitions or partnerships specific to BTOT have been reported since inception.