Key stats
About iShares Advantage Large Cap Income ETF
Home page
Inception date
Sep 26, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
ISIN
US09290C8635
BALI aims to generate stable income by focusing on large-cap stocks and derivatives with comparable economic traits. To achieve this, the fund employs several strategies such as holding long positions in US large-cap stocks, selling call options on a large-cap equity index, and purchasing futures on the same index. The approach allows BALI to benefit from the growth and income potential of these established firms while mitigating potential caps on gains. BALI pursues its investment objective further by using proprietary return forecast models, which integrate quantitative analysis that prioritize insights that offer downside protection and identify stock mispricing opportunities. This enables the fund to strategically adjust holdings by overweighting or underweighting specific securities. BALI acknowledges that risks and discrepancies may arise from the utilization of the forecast models. As a result, no guarantee can be given regarding the success of the funds investment decisions. Prior to October 10, 2024, the fund used Blackrock for branding purposes instead of iShares.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Technology Services
Finance
Stocks96.49%
Electronic Technology22.46%
Technology Services21.66%
Finance12.90%
Retail Trade9.72%
Health Technology7.79%
Consumer Services4.59%
Consumer Non-Durables2.60%
Industrial Services2.44%
Utilities1.75%
Consumer Durables1.70%
Producer Manufacturing1.69%
Distribution Services1.34%
Communications1.25%
Transportation1.21%
Energy Minerals1.02%
Health Services1.01%
Process Industries0.66%
Non-Energy Minerals0.36%
Commercial Services0.23%
Bonds, Cash & Other3.51%
Cash3.62%
Miscellaneous−0.11%
Stock breakdown by region
North America98.31%
Europe1.69%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
BALI invests in stocks. The fund's major sectors are Electronic Technology, with 22.49% stocks, and Technology Services, with 21.68% of the basket. The assets are mostly located in the North America region.
BALI top holdings are Microsoft Corporation and NVIDIA Corporation, occupying 7.53% and 7.17% of the portfolio correspondingly.
BALI last dividends amounted to 0.19 USD. The month before, the issuer paid 0.20 USD in dividends, which shows a 9.12% decrease.
BALI assets under management is 444.57 M USD. It's risen 16.36% over the last month.
BALI fund flows account for 351.84 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, BALI pays dividends to its holders with the dividend yield of 8.20%. The last dividend (Sep 5, 2025) amounted to 0.19 USD. The dividends are paid monthly.
BALI shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on Sep 26, 2023, and its management style is Active.
BALI expense ratio is 0.35% meaning you'd have to pay 0.35% of your investment to help manage the fund.
BALI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BALI invests in stocks.
BALI price has risen by 2.89% over the last month, and its yearly performance shows a 4.53% increase. See more dynamics on BALI price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.65% over the last month, showed a 8.86% increase in three-month performance and has increased by 14.30% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.65% over the last month, showed a 8.86% increase in three-month performance and has increased by 14.30% in a year.
BALI trades at a premium (0.15%) meaning the ETF is trading at a higher price than the calculated NAV.