Key stats
About iShares Managed Futures Active ETF
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Inception date
Mar 12, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
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
US09290C7314
ISMF is actively managed and seeks to maximize total return through a managed futures strategy. It invests primarily in futures contracts and futures-related instruments, including forward contracts, across equity fixed income, currency, and commodity markets. Investments are determined using a proprietary model, which identifies trends across securities and markets. The fund takes long and short positions based on positive or negative trend outlook. It may utilize other derivatives, including options, swaps, inverse floating-rate securities, and foreign currency derivatives, to hedge against currency exchange rates, interest rates, and market movements. Under normal market conditions, the fund expects to hold at least 75% of its assets in money market instruments for collateral. The fund may gain exposure to commodity markets by investing up to 25% of its assets, inclusive of leverage, in a wholly owned Cayman Islands subsidiary.
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
Government
Cash
Bonds, Cash & Other100.00%
Government84.06%
Cash15.94%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ISMF assets under management is 19.38 M USD. It's risen 5.66% over the last month.
ISMF fund flows account for 3.51 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.
No, ISMF doesn't pay dividends to its holders.
ISMF shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on Mar 12, 2025, and its management style is Active.
ISMF expense ratio is 0.80% meaning you'd have to pay 0.80% of your investment to help manage the fund.
ISMF follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ISMF invests in bonds.
ISMF trades at a premium (0.19%) meaning the ETF is trading at a higher price than the calculated NAV.