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BlackRock ETF Trust II - iShares Flexible Income Active ETF is an exchange traded fund launched by BlackRock, Inc. The fund is co-managed by BlackRock Fund Advisors, BlackRock (Singapore) Limited and BlackRock International Limited. It invests in fixed income markets of global region. The fund invests in high yield securities, obligations issued or guaranteed by the U.S. Government, its agencies or instrumentalities, mortgage-backed securities issued or guaranteed by the U.S. Government or its agencies or instrumentalities, including U.S. agency mortgage pass-through securities, commercial mortgage-backed securities, non-agency residential mortgage-backed securities, mortgage to-be-announced securities, municipal securities, securitized assets such as asset-backed securities, dollar-denominated and non‑dollar‑denominated debt obligations of U.S. or foreign issuers, including emerging market issuers and money market securities. The fund invests in securities with varying maturities. It seeks to benchmark the performance of its portfolio against the Bloomberg U.S Universal Index. BlackRock ETF Trust II - iShares Flexible Income Active ETF was launched on May 19, 2023 and is domiciled in the United States.