Continue to site >
Trending ETFs
You have successfully subscribed to Advisor Access. Thank you!
Help us personalize your experience.
Which type of investor describes you best?
Help us personalize your experience.
What is your AUM?
Knowing your investable assets will help us build and prioritize features that will suit your investment needs.

Congratulations on personalizing your experience.

Email is verified. Thank you!

Name

As of 11/26/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

iShares U.S. Infrastructure ETF

IFRA | ETF

$51.60

$2.31 B

1.94%

$1.00

0.30%

Vitals

YTD Return

29.8%

1 yr return

40.2%

3 Yr Avg Return

14.2%

5 Yr Avg Return

15.3%

Net Assets

$2.31 B

Holdings in Top 10

7.6%

52 WEEK LOW AND HIGH

$51.7
$37.66
$51.71

Expenses

OPERATING FEES

Expense Ratio 0.30%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 33.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

As of 11/26/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

iShares U.S. Infrastructure ETF

IFRA | ETF

$51.60

$2.31 B

1.94%

$1.00

0.30%

IFRA - Profile

Distributions

  • YTD Total Return 29.8%
  • 3 Yr Annualized Total Return 14.2%
  • 5 Yr Annualized Total Return 15.3%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.85%
DIVIDENDS
  • Dividend Yield 1.9%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    iShares U.S. Infrastructure ETF
  • Fund Family Name
    BlackRock-advised Funds
  • Inception Date
    Apr 03, 2018
  • Shares Outstanding
    47200000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Greg Savage

Fund Description

The Fund seeks to track the investment results of the NYSE® FactSet U.S. Infrastructure Index (the “Underlying Index”), which is designed to measure the performance of equity securities of U.S. companies involved in U.S.-focused infrastructure activities (as determined by ICE Data Indices, LLC or its affiliates (the “Index Provider” or “IDI”)).
The Underlying Index is composed of equity securities primarily listed on the New York Stock Exchange (“NYSE”), NYSE American or Nasdaq (excluding master limited partnerships, royalty trusts, business development companies, and American depositary receipts (“ADRs”)) that are classified to be under one of the 95 infrastructure-related industries as defined by FactSet Revere Business Industry Classification System (“RBICS”). Each company in the Underlying Index is classified as either Category 1 or Category 2, where Category 1 companies are infrastructure enablers and Category 2 are infrastructure asset owners and operators.
Infrastructure enablers are potential beneficiaries of infrastructure investment in the U.S. Category 1 companies in the Underlying Index include companies in construction and engineering services, machineries and materials. Infrastructure asset owners and operators are companies associated with traditional equity infrastructure investing. Category 2 companies in the Underlying Index include companies in energy transportation and storage, railroad transportation, and utilities.
At the time of inclusion, eligible companies must derive 50% or more of their annual revenues from the U.S. The Underlying Index applies an equal weighting to Category 1 and Category 2, and within each category, an equal weighting is also applied to all individual securities.
The Underlying Index is reviewed and reconstituted annually in March. Constituent weights of the Underlying Index are rebalanced quarterly. The Underlying Index includes large-, mid-, and small- capitalization companies and may change over time. As of March 31, 2024, a significant portion of the Underlying Index is represented by securities of companies in the industrials, infrastructure, materials and utilities industries or sectors. The components of the Underlying Index are likely to change over time.
BFA uses an indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.
Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.
BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.
The Fund generally will invest at least 80% of its assets in the component securities of its Underlying Index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. Cash and cash equivalent investments associated with a derivative position will be treated as part of that position for the purposes of calculating the percentage of investments included in the Underlying Index. The Fund seeks to track the
investment results of the Underlying Index before fees and expenses of the Fund.
The Fund may lend securities representing up to one-third of the value of the Fund's total assets (including the value of any collateral received).
The Underlying Index is owned, maintained and administered by the Index Provider, which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index. The Underlying Index is compiled utilizing RBICS classifications licensed from FactSet Research Systems, Inc. (“FactSet”). RBICS is an industry classification system defined by FactSet, which has full discretion over the classification system and is not affiliated with the Index Provider, the Fund or BFA. The classification methodology utilized for RBICS combines both market-defined information and a bottom-up approach to classify companies from all economic sectors and industries, including those in the infrastructure industry. RBICS's assignment for companies is reviewed at least once a year, with corporate actions being monitored on an ongoing basis.
Industry Concentration Policy. The Fund will concentrate its investments i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S.
government securities are not considered to be issued by members of any industry.
Read More

IFRA - Performance

Return Ranking - Trailing

Period IFRA Return Category Return Low Category Return High Rank in Category (%)
YTD 29.8% -8.3% 33.6% 2.13%
1 Yr 40.2% 0.7% 47.7% 2.13%
3 Yr 14.2%* -11.8% 18.6% 2.13%
5 Yr 15.3%* -0.7% 22.0% 2.60%
10 Yr N/A* 2.4% 8.9% 57.89%

* Annualized

Return Ranking - Calendar

Period IFRA Return Category Return Low Category Return High Rank in Category (%)
2023 11.1% -17.5% 30.1% 2.13%
2022 -5.2% -28.1% -3.4% 5.32%
2021 27.5% -28.7% 35.7% 2.25%
2020 4.6% -12.5% 28.8% 12.99%
2019 24.8% 9.9% 33.6% 25.00%

Total Return Ranking - Trailing

Period IFRA Return Category Return Low Category Return High Rank in Category (%)
YTD 29.8% -8.3% 33.6% 2.13%
1 Yr 40.2% 0.7% 47.7% 2.13%
3 Yr 14.2%* -11.8% 18.6% 2.13%
5 Yr 15.3%* -0.7% 22.0% 2.60%
10 Yr N/A* 2.4% 8.9% N/A

* Annualized

Total Return Ranking - Calendar

Period IFRA Return Category Return Low Category Return High Rank in Category (%)
2023 13.4% -15.6% 31.0% 2.13%
2022 -3.3% -27.1% -0.5% 10.64%
2021 29.8% -3.5% 36.4% 2.25%
2020 7.4% -11.2% 29.9% 12.99%
2019 27.0% 16.7% 35.3% 61.84%

IFRA - Holdings

Concentration Analysis

IFRA Category Low Category High IFRA % Rank
Net Assets 2.31 B 1.83 M 8.77 B 6.38%
Number of Holdings 165 26 233 3.19%
Net Assets in Top 10 179 M 823 K 5.05 B 28.72%
Weighting of Top 10 7.60% 7.6% 62.5% 100.00%

Top 10 Holdings

  1. ONE GAS INC 0.77%
  2. BLACKROCK CASH FUNDS INSTITUTIONAL FUND SL AGENCY 0.77%
  3. ENLINK MIDSTREAM LLC 0.77%
  4. WILLIAMS COS INC 0.76%
  5. DT MIDSTREAM INC 0.76%
  6. KINETIK HOLDINGS INC 0.76%
  7. ONEOK INC 0.76%
  8. ARTESIAN RESOURCES CORP 0.75%
  9. SJW GROUP 0.75%
  10. CENTERPOINT ENERGY INC 0.75%

Asset Allocation

Weighting Return Low Return High IFRA % Rank
Stocks 		98.94% 86.92% 101.95% 22.34%
Cash 		0.95% 0.00% 8.05% 75.53%
Other 		0.00% -0.33% 8.99% 26.60%
Preferred Stocks 		0.00% 0.00% 2.81% 85.11%
Convertible Bonds 		0.00% 0.00% 2.46% 85.11%
Bonds 		0.00% 0.00% 6.41% 85.11%

Stock Sector Breakdown

Weighting Return Low Return High IFRA % Rank
Utilities 		42.57% 3.71% 96.19% 50.00%
Industrials 		32.16% 0.00% 68.24% 28.72%
Basic Materials 		15.29% 0.00% 25.54% 3.19%
Energy 		8.34% 0.00% 32.46% 73.40%
Consumer Cyclical 		1.04% 0.00% 10.02% 3.19%
Technology 		0.61% 0.00% 25.65% 45.74%
Real Estate 		0.00% 0.00% 23.51% 97.87%
Healthcare 		0.00% 0.00% 6.54% 85.11%
Financial Services 		0.00% 0.00% 17.28% 85.11%
Communication Services 		0.00% 0.00% 27.53% 96.81%
Consumer Defense 		0.00% 0.00% 0.99% 84.04%

Stock Geographic Breakdown

Weighting Return Low Return High IFRA % Rank
US 		98.94% 2.02% 99.99% 4.26%
Non US 		0.00% 0.00% 97.23% 97.87%

IFRA - Expenses

Operational Fees

IFRA Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.30% 0.30% 10.15% 100.00%
Management Fee 0.30% 0.30% 1.00% 1.06%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.04% 0.15% N/A

Sales Fees

IFRA Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 4.50% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

IFRA Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

IFRA Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 33.00% 13.00% 128.00% 21.92%

IFRA - Distributions

Dividend Yield Analysis

IFRA Category Low Category High IFRA % Rank
Dividend Yield 1.94% 0.00% 5.50% 76.60%

Dividend Distribution Analysis

IFRA Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Quarterly Quarterly Quarterly

Net Income Ratio Analysis

IFRA Category Low Category High IFRA % Rank
Net Income Ratio 1.85% -0.39% 4.38% 35.56%

Capital Gain Distribution Analysis

IFRA Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

IFRA - Fund Manager Analysis

Managers

Greg Savage

Start Date

Tenure

Tenure Rank

Apr 03, 2018

4.16

4.2%

Greg Savage, Managing Director; has been associated with BlackRock Fund Advisors since 2009. Mr. Savage has been a senior portfolio manager for BFA and BTC since 2009. Prior to his employment with BFA and BTC, Mr. Savage was a senior portfolio manager from 2006 to 2009 for BGFA and BGI and a portfolio manager from 2001 to 2006 for BGFA and BGI.

Jennifer Hsui

Start Date

Tenure

Tenure Rank

Apr 03, 2018

4.16

4.2%

Jennifer Hsui, Managing Director & Portfolio Manager at BlackRock Investment Management LLC has been employed by BlackRock Fund Advisors as a senior portfolio manager since 2007. Prior to that, Ms. Hsui was a portfolio manager from 2006 to 2007 for BGFA. She was a research analyst for RBC Capital Markets from 2003 to 2006.

Amy Whitelaw

Start Date

Tenure

Tenure Rank

Aug 01, 2018

3.83

3.8%

Amy Whitelaw is Managing Director of BlackRock, Inc. since 2013 and was Director of the firm from 2009 to 2012. Ms. Whitelaw's service with the firm dates back to 1998, including her years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. Ms. Whitelaw served as Principal of BGI from 2000 to 2009. Previously Ms. Whitelaw worked in the Transition Services group as a transition manager and strategist, and was also an international equity trader on BGI’s trading desk.

Paul Whitehead

Start Date

Tenure

Tenure Rank

Jan 01, 2022

0.41

0.4%

Paul Whitehead is responsible for supporting the day-to-day management of the MML Blend Fund’s portfolio, including setting the Fund’s overall investment strategy and overseeing the management of the Fund. Mr. Whitehead is a Managing Director of BlackRock, Inc., Co-Head of Index Equity, and Co-Head of BlackRock’s ETF and Index Investments business. Mr. Whitehead also oversees the management of BlackRock’s Institutional and iShares funds. Mr. Whitehead was previously the Global Head of Equity Trading and the Global Head of Transition Management within BlackRock’s Global Trading Group. Mr. Whitehead’s service with the firm dates back to 1996, including his years with Barclays Global Investors, which merged with BlackRock in 2009. Prior to his current role, Mr. Whitehead was Head of Americas Equity Trading. Previously, he managed the trading team responsible for all Institutional Index funds, Exchange Traded funds, and Transition Management mandates. Mr. Whitehead represents BlackRock on the board of Luminex, a buy-side owned Alternative Trading System launched in 2015.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.17 18.18 5.83 8.08

Advertisement

×

Wait! Do you know all the important aspects of mutual funds?

×

Free Advisor Access newsletter emailed to you.

Receive free and exclusive email updates for financial advisors about best performers, news, CE accredited webcasts and more.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Disclaimer: By registering, you agree to share your data with MutualFunds.com and opt-in to receiving occasional communications about projects and events. The contents of this form are subject to the MutualFunds.com Privacy Policy. You can unsubscribe at any time.