iShares U.S. Long Credit Bond Index Fund — new fund registration

BLACKROCK FUNDS registered 5 new fund series on Form 485APOS, filed 2021-11-19. Featured series: iShares U.S. Long Credit Bond Index Fund.

Registration

Registrant / trust: BLACKROCK FUNDS
CIK: 0000844779
Form: 485APOS
Filed: 2021-11-19
State of incorporation: MA
Accession: 0001193125-21-335351
Reported net assets: $2.3B

Series & classes (5)

Series	Class	Ticker	New
iShares U.S. Long Credit Bond Index Fund	iShares U.S. Long Credit Bond Index Fund	—	Yes
iShares U.S. Intermediate Credit Bond Index Fund	iShares U.S. Intermediate Credit Bond Index Fund	—	Yes
iShares U.S. Long Government Bond Index Fund	iShares U.S. Long Government Bond Index Fund	—	Yes
iShares U.S. Intermediate Government Bond Index Fund	iShares U.S. Intermediate Government Bond Index Fund	—	Yes
iShares U.S. Securitized Bond Index Fund	iShares U.S. Securitized Bond Index Fund	—	Yes

Fees (from the effective prospectus)

12b-1 fee: 0.00%
Gross expense ratio: 0.12%
Management fee: 0.06%
Net expense ratio: 0.00%
Other expenses: 0.06%

Investment objective

The investment objective of iShares U.S. Long Credit Bond Index Fund (the Fund), a series of BlackRock Funds SM (the Trust), is to seek to provide investment results that correspond to the total return performance of fixed-income securities, in aggregate, as represented by the Bloomberg U.S. Long Credit Index (or the Underlying Index).

Advisers

BlackRock Fund Advisors (Advisor)