iShares BBB-B CLO Active ETF — new fund registration

BlackRock ETF Trust II registered 1 new fund series on Form 485APOS, filed 2024-09-25. Featured series: iShares BBB-B CLO Active ETF.

Registration

Registrant / trust: BlackRock ETF Trust II
CIK: 0001804196
Form: 485APOS
Filed: 2024-09-25
State of incorporation: DE
Accession: 0001193125-24-226226
Reported net assets: $74.3M

Series & classes (1)

Series	Class	Ticker	New
iShares BBB-B CLO Active ETF	iShares BBB-B CLO Active ETF	—	Yes

Fees (from the effective prospectus)

12b-1 fee: 0.00%
Gross expense ratio: 0.45%
Management fee: 0.45%
Net expense ratio: 0.45%
Other expenses: 0.00%

Investment objective

The investment objective of iShares BBB-B CLO Active ETF (the Fund) is to provide capital preservation and current income by investing principally in a portfolio composed of collateralized loan obligations (CLOs) rated from BBB+ to B-.

Advisers

BlackRock Fund Advisors (Advisor)