ETF profile for iShares Floating Rate Loan Active ETF (BRLN) from the issuer: top holdings, net assets, expense ratio and shares outstanding.
BRLN ETF Profile
| Family: |
Blackrock (iShares) |
| Name: |
iShares Floating Rate Loan Active ETF |
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| Inception Date: |
4-Oct-2022 |
| Termination Date: |
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| Investment Objective: |
The Fund normally invests at least 80% of its assets in floating rate loans and investments that are the economic equivalent of floating rate loans, which effectively enables the Fund to achieve a floating rate of income. The Fund may also invest in other floating rate debt instruments and investments that are the economic equivalent of floating rate debt instruments. The Fund's investments may include, but are not limited to, any combination of the following (i) senior secured floating rate loans or debt (ii) second lien or other subordinated or unsecured floating rate loans or debt and (iii) fixed-rate loans or debt with respect to which the Fund has entered into derivative instruments to effectively convert the fixed-rate interest payments into floating rate interest payments. The Fund may also purchase and sell, without limitation, participations or assignments in senior floating rate loans or second lien floating rate loans. |
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| Prospectus |
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| Top 10 Holdings |
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Top 10 Holdings Weight: |
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| Number of Holdings: |
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| Shares Outstanding: |
1,000,000 |
| Total Net Assets: |
50,345,000 |
| NAV: |
50.64 |
| Net Expense Ratio: |
0.55% |
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| Asset Class: |
Bonds |
| Developed or Emerging: |
Developed Market Funds |
| Country: |
US |
| Region: |
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| Strategy: |
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| Currency: |
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| Commodity: |
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| Sector: |
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| Industry: |
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| Dividend Type: |
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| Tax Exempt State: |
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| Maturity Duration: |
Fund Holds All Maturity Ranges |
| Market Cap: |
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| Credit Quality: |
Fund Holds Both Investment Grade & High Yield |
| Mortgage Bond Types: |
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| Bond Type: |
Corporate |
| Gov't Bond Types: |
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| Reit Type: |
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| Leverage Direction/Factor: |
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| Is Currency Hedged: |
No |
| US or Ex-US: |
Domestic |
