BlackRock to liquidate the iShares High Yield Active ETF in August 2027

BlackRock ETF Trust II filed a prospectus supplement on 29 September. It says the trust’s board approved a proposal on 9 September 2026 to close and liquidate the iShares High Yield Active ETF (BRHY).

Timetable

According to the supplement, the fund will stop accepting creation and redemption orders after the market close on or about 11 August 2027. Trading will be halted before the market opens on or about 12 August 2027, and proceeds are scheduled to be sent to shareholders on or about 16 August 2027.

The supplement says that in preparation for the liquidation the fund may deviate from its investment objective and principal strategies. It also warns that there may be no trading market for the shares during that period.

Tax

The filing says that for shareholders subject to US federal income tax, the liquidation will result in one or more taxable events. It notes that selling shares before the liquidation date will generally give rise to a capital gain or loss.

Why it matters

The notice period is long: more than ten months pass between the filing and the last trading day. The supplement does not give the fund’s assets or a reason for the closure.

Added to The Midpoint on 31 October 2026, with the ETFs section. This article is dated to the event it describes; it was not published at the time.

Sources

• Supplement to the prospectus of iShares High Yield Active ETF (Form 497), BlackRock ETF Trust II via SEC EDGAR, 29 Sep 2026
• iShares High Yield Active ETF: summary prospectus (Form 497K), BlackRock ETF Trust II via SEC EDGAR, 4 Mar 2026