iShares Flexible Income Active ETFiShares Flexible Income Active ETFiShares Flexible Income Active ETF

iShares Flexible Income Active ETF

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Key stats


Assets under management (AUM)
‪7.40 B‬USD
Fund flows (1Y)
‪6.80 B‬USD
Dividend yield (indicated)
6.09%
Discount/Premium to NAV
0.3%
Shares outstanding
‪141.80 M‬
Expense ratio
0.40%

About iShares Flexible Income Active ETF


Issuer
Blackrock, Inc.
Brand
iShares
Home page
Inception date
May 19, 2023
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Management style
Active
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
BINC pursues exposure to the global debt market by actively investing in US and non-US fixed income securities that include corporate bonds, government and municipal debt, securitized assets, floating rate loans, money market securities, as well as CLOs and preferred stocks. It will primarily invest in high-yield securities but may hold investment grade bonds of up to 20%. Although the fund does not target a specific maturity or duration, it will aim to maintain an average portfolio duration between one and five years. Derivatives may also be utilized such as futures contracts, options, swaps, and indexed and inverse floating-rate securities. As an actively managed fund, the final selection of securities is at the full discretion of the adviser. BINC seeks long-term income maximization and capital preservation appreciation by providing investors with a low-cost, active fixed-income solution. Prior to October 10, 2024, the fund used Blackrock for branding purposes instead of iShares.

Classification


Asset Class
Fixed income
Category
Broad market, broad-based
Focus
High yield
Niche
Broad maturities
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Corporate
Securitized
Stocks0.44%
Communications0.13%
Utilities0.11%
Finance0.11%
0.04%
Electronic Technology0.01%
Technology Services0.00%
Bonds, Cash & Other99.56%
Corporate45.19%
Securitized44.55%
Government4.98%
Mutual fund4.30%
ETF3.90%
Miscellaneous3.41%
Loans1.26%
Municipal0.05%
Rights & Warrants0.00%
Cash−8.09%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.