WBROGX

About WBROGX

BlackRock 1-3 Year Government Bond Index Fund Class R is an open-end mutual fund that seeks to track the performance of a short‑term U.S. government bond benchmark, providing exposure to Treasury and agency securities with maturities of one to three years. Its primary purpose is to offer investors a low‑duration core fixed income sleeve designed to dampen interest‑rate sensitivity while maintaining high credit quality through holdings backed by the U.S. government or its agencies. The fund typically includes U.S. Treasury notes and agency debt from issuers such as the Federal National Mortgage Association, Government National Mortgage Association, and Federal Home Loan Mortgage Corporation, reflecting the structure of its target index. By focusing on the front end of the yield curve, the strategy aims to provide income and liquidity with relatively modest price volatility compared with intermediate‑ or long‑duration bond funds. In diversified portfolios, BlackRock 1-3 Year Government Bond Index Fund Class R often serves as a defensive ballast and cash management alternative, aligning with investors’ needs for short‑term rate exposure and benchmark‑consistent government bond coverage.