Heteroleptic cyclometalated iridium(III) complexes (Ir1-Ir5) featuring pizbased ligands and acetylacetone ancillary ligand are synthesized and characterized. Their photophysical and electrochemical properties were studied, and DFT calculations were used to further support the experiment results. All the complexes emit yellow color with quantum yields of 12.2-56.5% in dichloromethane solution at room temperature, and the emission originates from a hybrid 3 MLCT/ 3 ILCT/ 3 LLCT excited state.