iShares Trust - iShares Large Cap 10% Target Buffer Dec ETF
TEND
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 400 Howard Street San Francisco CA United States of America 94105
- IPO Date
- Oct 8, 2025
- CIK
- 0001100663
- Similar Companies
- Business
- iShares Trust – iShares Large Cap 10% Target Buffer Dec ETF (TEND) is an actively managed, U.S.-domiciled exchange-traded fund that seeks to provide investors with exposure to the share-price return of the iShares Core S&P 500 ETF, up to a predetermined upside cap, while seeking to buffer approximately the first 10% of losses in the underlying fund over each approximately 12-month outcome period ending in December. The fund’s principal investment strategy consists of holdings in iShares Core S&P 500 ETF shares and a portfolio of listed and/or FLEX call and put options referencing the underlying ETF; purchased put options are designed to establish the downside buffer, while written call options help finance the hedge and establish the maximum potential upside return. TEND targets U.S. large-capitalization equity-market exposure and is designed principally for retail investors, financial advisers and other investors seeking defined-outcome equity participation with limited downside protection; the strategy does not protect against losses exceeding the applicable buffer, and the cap and buffer are reset at the end of each December. The ETF is sponsored within the iShares Trust family, advised by BlackRock Fund Advisors, distributed by BlackRock Investments LLC and marketed under BlackRock Inc.’s iShares ETF brand. Launched on October 7, 2025, TEND represents a recent expansion of BlackRock’s defined-outcome ETF offering and began trading in the U.S. market as a Cboe-listed fund in October 2025. The fund’s initial December 2025 outcome period was followed by a new outcome period running from January 1, 2026 through December 31, 2026, for which the stated initial upside cap was 16.15% and the initial buffer was 9.50%; actual investor outcomes can vary based on purchase date, sale date and market conditions. iShares Trust is headquartered in San Francisco, California, and operates as part of BlackRock’s global asset-management organization.