Highlights

  • SHV seeks exposure to US Treasury securities with remaining maturities of one year or less.
  • The fund reports NAV of USD 110.05 as of 2 November 2026.
  • SHV lists an expense ratio of 0.15% and distributes monthly.

iShares 0–1 Year Treasury Bond ETF (NYSE:SHV) seeks to track US Treasury securities with remaining maturities of one year or less. Its NAV stood at USD 110.05 as of 2 November 2026. Net Assets totalled USD 21,257,578,590 as of 2 November 2026.

Short-Dated Government Obligations Define the Fund

SHV tracks the ICE Short US Treasury Securities Index. The benchmark concentrates on short-dated public obligations of the US Treasury. The prospectus states that the fund normally seeks a weighted average Maturity below one year. This makes the maturity structure central to the strategy rather than corporate Credit selection or longer-dated government borrowing.

The fund uses representative sampling, selecting investments intended to resemble the benchmark’s overall characteristics. It may therefore hold a different collection of securities from the index while seeking a similar Investment profile.

Portfolio Composition and Exposure

SHV reported 19 holdings as of 30 October 2026. Its allocation by Market Value included U.S. Treasury Debt at 99.74% and Investment Company at 0.26% as of 30 October 2026.

The portfolio’s effective duration was 0.27 yrs as of 30 October 2026. Weighted average maturity was 0.27 yrs as of 30 October 2026.

Duration measures sensitivity to Interest Rate changes. Maturity describes the timing of principal repayments, while cash-flow patterns and embedded Options can make the two measures differ. These characteristics describe the bond portfolio rather than a fixed outcome for shareholders.

Fees and Distribution Policy

The published expense ratio is 0.15%. Distributions are scheduled monthly.

The 30-day SEC Yield was 3.87% as of 30 October 2026. This standardised income measure reflects the fund’s recent income after expenses; it is separate from changes in the market value of its shares.

The prospectus notes that brokerage commissions and other intermediary charges may apply separately. Fund shares trade at market prices, which can differ from NAV, so the stated NAV does not establish the price of every exchange transaction.

Key Insights

Short maturities do not remove fluctuations in income or market value. Changes in interest rates can affect the portfolio, and securities that mature must be replaced at the rates then available.