iShares Morningstar Multi-Asset Income ETF
Name
As of 11/08/2024Price
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
Vitals
YTD Return
5.1%
1 yr return
13.8%
3 Yr Avg Return
-0.6%
5 Yr Avg Return
0.7%
Net Assets
$120 M
Holdings in Top 10
110.4%
52 WEEK LOW AND HIGH
$20.3
$19.24
$20.72
Expenses
OPERATING FEES
Expense Ratio 0.49%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 94.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 11/08/2024Price
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
IYLD - Profile
Distributions
- YTD Total Return 5.1%
- 3 Yr Annualized Total Return -0.6%
- 5 Yr Annualized Total Return 0.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 3.16%
- Dividend Yield 3.7%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameiShares Morningstar Multi-Asset Income ETF
-
Fund Family NameBlackRock-advised Funds
-
Inception DateApr 03, 2012
-
Shares Outstanding8450000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
Fund Description
The Fund is a fund-of-funds and seeks to achieve its investment objective by investing primarily in the securities of the Underlying Funds that themselves seek investment results corresponding to their own underlying indexes. The Fund invests in a combination of Underlying Funds and may also invest in other exchange-traded funds (“ETFs”) (including other iShares funds), U.S. government securities, short-term paper, futures contracts, options on futures contracts, options, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates (“BlackRock Cash Funds”).
The Morningstar® Multi-Asset High Income IndexSM (the “Underlying Index”) is broadly diversified and seeks to deliver high current income while maintaining long-term capital appreciation. The goal of the Underlying Index is to represent an allocation strategy to distinct asset classes of 20% equities, 60% fixed-income and 20% in an “alternative income sources” asset class, which consists of Underlying Funds that the index provider, Morningstar, Inc. (“Morningstar” or the “Index Provider”), considers to exhibit both equity and fixed-income-like characteristics. Each asset class has its own risk profile. The Underlying Index is rebalanced and reconstituted quarterly. The Underlying Index is comprised of Underlying Funds within these asset classes that have demonstrated relatively high income on a consistent basis and meet liquidity characteristics as determined by Morningstar's proprietary index methodology.
The 20% equity allocation consists of Underlying Funds that invest primarily in U.S. and non-U.S. equities. The 60% fixed-income allocation consists of Underlying Funds that invest primarily in U.S. and non-U.S. fixed-income securities. The 20% alternative income source allocation generally consists of Underlying Funds that invest primarily in real estate investment trusts (“REITs”) and preferred stocks. When the combined allocation percentages equal less than 100%, the Fund may invest the remainder of its assets in BlackRock Cash Funds. Investments in Underlying Funds that have significant non-U.S. currency exposure will not exceed 25% of the weight of the Underlying Index.
As of September 23, 2024, the Underlying Index included the following Underlying Funds within the equity asset class: iShares Latin America 40 ETF and iShares MSCI EAFE Value ETF; the following Underlying Funds within the fixed-income asset class: iShares Agency Bond ETF, iShares Broad USD High Yield Corporate Bond ETF, iShares Core 1-5 Year USD Bond ETF,
iShares Floating Rate Bond ETF, iShares J.P. Morgan EM Corporate Bond ETF and iShares J.P. Morgan EM Local Currency Bond ETF; and the following Underlying Funds within the alternatives asset class: iShares Core U.S. REIT ETF, iShares Global REIT ETF and iShares Preferred and Income Securities ETF. The Underlying Index may add, eliminate or replace Underlying Funds at any time. As of September 23, 2024, a significant portion of the Underlying Index is represented by securities of companies in the financials industry or sector. 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 and an Underlying Fund may or may not hold all of the securities in the applicable Underlying Index.
The Fund generally will invest at least 80% of its assets in the component securities of its Underlying Index and in investments that have economic characteristics that are substantially identical to 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 sponsored by Morningstar, 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.
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.
IYLD - Performance
Return Ranking - Trailing
Period | IYLD Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.1% | -23.7% | 16.4% | 22.96% |
1 Yr | 13.8% | -8.9% | 48.3% | 81.76% |
3 Yr | -0.6%* | -2.2% | 16.4% | 96.21% |
5 Yr | 0.7%* | -0.7% | 13.4% | 94.86% |
10 Yr | 2.5%* | 0.9% | 11.8% | N/A |
* Annualized
Return Ranking - Calendar
Period | IYLD Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.0% | -40.8% | 20.6% | 73.61% |
2022 | -21.0% | -21.0% | 24.5% | 92.03% |
2021 | -0.2% | -24.2% | 27.8% | 75.70% |
2020 | -5.8% | -23.1% | 11.7% | 27.86% |
2019 | 9.7% | -100.0% | 20.6% | 82.83% |
Total Return Ranking - Trailing
Period | IYLD Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.1% | -23.7% | 16.4% | 81.55% |
1 Yr | 13.8% | -12.8% | 48.3% | 74.79% |
3 Yr | -0.6%* | -3.4% | 16.4% | 96.07% |
5 Yr | 0.7%* | -1.1% | 13.4% | 94.74% |
10 Yr | 2.5%* | 0.9% | 11.8% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | IYLD Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 12.6% | -40.8% | 20.6% | 73.61% |
2022 | -16.8% | -21.0% | 24.5% | 92.03% |
2021 | 3.4% | -24.2% | 27.8% | 77.10% |
2020 | -1.2% | -23.1% | 11.7% | 49.88% |
2019 | 15.8% | -2.9% | 23.1% | 92.64% |
IYLD - Holdings
Concentration Analysis
IYLD | Category Low | Category High | IYLD % Rank | |
---|---|---|---|---|
Net Assets | 120 M | 1.12 M | 110 B | 66.09% |
Number of Holdings | 12 | 2 | 10961 | 0.21% |
Net Assets in Top 10 | 131 M | -31.7 M | 22 B | 78.08% |
Weighting of Top 10 | 110.40% | 10.8% | 100.0% | 94.68% |
Top 10 Holdings
- ISHARES BROAD USD HIGH YIELD CORPORATE BOND ETF 15.14%
- ISHARES CORE 1 5 YEAR USD BOND ETF 15.11%
- ISHARES PREFERRED INCOME SECURITIES ETF 15.05%
- BLACKROCK CASH FUNDS INSTITUTIONAL FUND SL AGENCY 14.91%
- ISHARES FLOATING RATE BOND ETF 14.85%
- ISHARES MSCI EAFE VALUE ETF 14.81%
- ISHARES CORE US REIT ETF 5.47%
- ISHARES AGENCY BOND ETF 5.38%
- ISHARES J P MORGAN EM CORPORATE BOND ETF 5.04%
- ISHARES JP MORGAN EM LOCAL CURRENCY BOND ETF 4.63%
Asset Allocation
Weighting | Return Low | Return High | IYLD % Rank | |
---|---|---|---|---|
Cash | 14.99% | -97.12% | 185.58% | 74.11% |
Convertible Bonds | 0.27% | 0.00% | 25.49% | 50.10% |
Stocks | 0.00% | -45.72% | 98.42% | 94.36% |
Preferred Stocks | 0.00% | -0.03% | 14.00% | 0.21% |
Other | 0.00% | -1.25% | 197.12% | 92.07% |
Bonds | 0.00% | -39.76% | 93.84% | 4.38% |
IYLD - Expenses
Operational Fees
IYLD Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.49% | 0.16% | 2.71% | 91.86% |
Management Fee | 0.25% | 0.00% | 1.70% | 19.49% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.70% | N/A |
Sales Fees
IYLD Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
IYLD 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.
IYLD Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 94.00% | 0.00% | 441.00% | 72.49% |
IYLD - Distributions
Dividend Yield Analysis
IYLD | Category Low | Category High | IYLD % Rank | |
---|---|---|---|---|
Dividend Yield | 3.66% | 0.00% | 10.92% | 4.99% |
Dividend Distribution Analysis
IYLD | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annually | Monthly | Monthly |
Net Income Ratio Analysis
IYLD | Category Low | Category High | IYLD % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.16% | -5.20% | 6.33% | 12.85% |
Capital Gain Distribution Analysis
IYLD | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Nov 04, 2024 | $0.062 | OrdinaryDividend |
Oct 02, 2024 | $0.070 | OrdinaryDividend |
Sep 04, 2024 | $0.062 | OrdinaryDividend |
Aug 02, 2024 | $0.064 | OrdinaryDividend |
Jul 02, 2024 | $0.169 | OrdinaryDividend |
Jun 04, 2024 | $0.063 | OrdinaryDividend |
May 02, 2024 | $0.061 | OrdinaryDividend |
Apr 02, 2024 | $0.088 | OrdinaryDividend |
Mar 04, 2024 | $0.071 | OrdinaryDividend |
Feb 02, 2024 | $0.068 | OrdinaryDividend |
Dec 22, 2023 | $0.205 | OrdinaryDividend |
Dec 04, 2023 | $0.059 | OrdinaryDividend |
Nov 02, 2023 | $0.064 | OrdinaryDividend |
Oct 03, 2023 | $0.186 | OrdinaryDividend |
Sep 05, 2023 | $0.064 | OrdinaryDividend |
Aug 02, 2023 | $0.054 | OrdinaryDividend |
Jul 05, 2023 | $0.215 | OrdinaryDividend |
Jun 02, 2023 | $0.055 | OrdinaryDividend |
May 02, 2023 | $0.050 | OrdinaryDividend |
Apr 04, 2023 | $0.094 | OrdinaryDividend |
Mar 02, 2023 | $0.057 | OrdinaryDividend |
Feb 02, 2023 | $0.055 | OrdinaryDividend |
Dec 23, 2022 | $0.226 | OrdinaryDividend |
Dec 02, 2022 | $0.051 | OrdinaryDividend |
Nov 02, 2022 | $0.055 | OrdinaryDividend |
Oct 04, 2022 | $0.188 | OrdinaryDividend |
Sep 02, 2022 | $0.054 | OrdinaryDividend |
Aug 02, 2022 | $0.052 | OrdinaryDividend |
Jul 05, 2022 | $0.153 | OrdinaryDividend |
Jun 02, 2022 | $0.052 | OrdinaryDividend |
May 03, 2022 | $0.043 | OrdinaryDividend |
Apr 04, 2022 | $0.087 | OrdinaryDividend |
Mar 02, 2022 | $0.036 | OrdinaryDividend |
Feb 02, 2022 | $0.036 | OrdinaryDividend |
Dec 23, 2021 | $0.179 | OrdinaryDividend |
Dec 02, 2021 | $0.025 | OrdinaryDividend |
Nov 02, 2021 | $0.027 | OrdinaryDividend |
Oct 04, 2021 | $0.109 | OrdinaryDividend |
Sep 02, 2021 | $0.030 | OrdinaryDividend |
Aug 03, 2021 | $0.031 | OrdinaryDividend |
Jul 02, 2021 | $0.148 | OrdinaryDividend |
Jun 02, 2021 | $0.038 | OrdinaryDividend |
May 04, 2021 | $0.041 | OrdinaryDividend |
Apr 05, 2021 | $0.124 | OrdinaryDividend |
Mar 02, 2021 | $0.039 | OrdinaryDividend |
Feb 02, 2021 | $0.044 | OrdinaryDividend |
Dec 24, 2020 | $0.133 | OrdinaryDividend |
Dec 02, 2020 | $0.040 | OrdinaryDividend |
Nov 03, 2020 | $0.035 | OrdinaryDividend |
Oct 02, 2020 | $0.152 | OrdinaryDividend |
Sep 02, 2020 | $0.037 | OrdinaryDividend |
Aug 04, 2020 | $0.041 | OrdinaryDividend |
Jul 02, 2020 | $0.175 | OrdinaryDividend |
Jun 02, 2020 | $0.043 | OrdinaryDividend |
May 04, 2020 | $0.056 | OrdinaryDividend |
Apr 02, 2020 | $0.220 | OrdinaryDividend |
Mar 03, 2020 | $0.052 | OrdinaryDividend |
Feb 04, 2020 | $0.071 | OrdinaryDividend |
Dec 24, 2019 | $0.256 | OrdinaryDividend |
Dec 03, 2019 | $0.048 | OrdinaryDividend |
Nov 04, 2019 | $0.049 | OrdinaryDividend |
Oct 02, 2019 | $0.194 | OrdinaryDividend |
Sep 04, 2019 | $0.047 | OrdinaryDividend |
Aug 02, 2019 | $0.049 | OrdinaryDividend |
Jul 02, 2019 | $0.238 | OrdinaryDividend |
Jun 04, 2019 | $0.051 | OrdinaryDividend |
May 02, 2019 | $0.050 | OrdinaryDividend |
Apr 02, 2019 | $0.162 | OrdinaryDividend |
Mar 04, 2019 | $0.053 | OrdinaryDividend |
Feb 04, 2019 | $0.142 | OrdinaryDividend |
Dec 28, 2018 | $0.199 | OrdinaryDividend |
Dec 04, 2018 | $0.061 | OrdinaryDividend |
Nov 02, 2018 | $0.064 | OrdinaryDividend |
Oct 02, 2018 | $0.183 | OrdinaryDividend |
Sep 05, 2018 | $0.053 | OrdinaryDividend |
Aug 02, 2018 | $0.058 | OrdinaryDividend |
Jul 03, 2018 | $0.220 | OrdinaryDividend |
Jun 04, 2018 | $0.063 | OrdinaryDividend |
May 02, 2018 | $0.063 | OrdinaryDividend |
Apr 03, 2018 | $0.159 | OrdinaryDividend |
Mar 02, 2018 | $0.057 | OrdinaryDividend |
Feb 02, 2018 | $0.165 | OrdinaryDividend |
Dec 28, 2017 | $0.086 | OrdinaryDividend |
Dec 04, 2017 | $0.056 | OrdinaryDividend |
Nov 02, 2017 | $0.054 | OrdinaryDividend |
Oct 03, 2017 | $0.183 | OrdinaryDividend |
Sep 06, 2017 | $0.053 | OrdinaryDividend |
Aug 02, 2017 | $0.062 | OrdinaryDividend |
Jul 06, 2017 | $0.204 | OrdinaryDividend |
Jun 02, 2017 | $0.061 | OrdinaryDividend |
May 02, 2017 | $0.049 | OrdinaryDividend |
Apr 04, 2017 | $0.189 | OrdinaryDividend |
Mar 02, 2017 | $0.050 | OrdinaryDividend |
Feb 02, 2017 | $0.044 | OrdinaryDividend |
Dec 28, 2016 | $0.163 | OrdinaryDividend |
Dec 02, 2016 | $0.053 | OrdinaryDividend |
Nov 02, 2016 | $0.050 | OrdinaryDividend |
Oct 04, 2016 | $0.205 | OrdinaryDividend |
Sep 02, 2016 | $0.049 | OrdinaryDividend |
Aug 02, 2016 | $0.052 | OrdinaryDividend |
Jul 06, 2016 | $0.202 | OrdinaryDividend |
Jun 02, 2016 | $0.055 | OrdinaryDividend |
May 03, 2016 | $0.054 | OrdinaryDividend |
Apr 04, 2016 | $0.176 | OrdinaryDividend |
Mar 02, 2016 | $0.058 | OrdinaryDividend |
Feb 02, 2016 | $0.061 | OrdinaryDividend |
Dec 28, 2015 | $0.172 | OrdinaryDividend |
Dec 02, 2015 | $0.051 | OrdinaryDividend |
Dec 02, 2015 | $0.049 | CapitalGainShortTerm |
Dec 02, 2015 | $0.008 | CapitalGainLongTerm |
Nov 03, 2015 | $0.047 | OrdinaryDividend |
Oct 02, 2015 | $0.199 | OrdinaryDividend |
Sep 02, 2015 | $0.046 | OrdinaryDividend |
Aug 04, 2015 | $0.054 | OrdinaryDividend |
Jul 02, 2015 | $0.213 | OrdinaryDividend |
Jun 02, 2015 | $0.050 | OrdinaryDividend |
May 04, 2015 | $0.049 | OrdinaryDividend |
Apr 02, 2015 | $0.185 | OrdinaryDividend |
Mar 03, 2015 | $0.050 | OrdinaryDividend |
Feb 03, 2015 | $0.049 | OrdinaryDividend |
Dec 26, 2014 | $0.283 | OrdinaryDividend |
Dec 02, 2014 | $0.111 | CapitalGainShortTerm |
Dec 02, 2014 | $0.086 | CapitalGainLongTerm |
Dec 02, 2014 | $0.051 | OrdinaryDividend |
Nov 04, 2014 | $0.053 | OrdinaryDividend |
Oct 02, 2014 | $0.202 | OrdinaryDividend |
Sep 03, 2014 | $0.057 | OrdinaryDividend |
Aug 04, 2014 | $0.049 | OrdinaryDividend |
Jul 02, 2014 | $0.222 | OrdinaryDividend |
Jun 03, 2014 | $0.057 | OrdinaryDividend |
May 02, 2014 | $0.061 | OrdinaryDividend |
Apr 02, 2014 | $0.257 | OrdinaryDividend |
Mar 04, 2014 | $0.063 | OrdinaryDividend |
Feb 04, 2014 | $0.069 | OrdinaryDividend |
Dec 27, 2013 | $0.303 | OrdinaryDividend |
Dec 03, 2013 | $0.117 | OrdinaryDividend |
Nov 04, 2013 | $0.070 | OrdinaryDividend |
Oct 02, 2013 | $0.224 | OrdinaryDividend |
Sep 04, 2013 | $0.069 | OrdinaryDividend |
Aug 02, 2013 | $0.066 | OrdinaryDividend |
Jul 02, 2013 | $0.261 | OrdinaryDividend |
Jun 04, 2013 | $0.062 | OrdinaryDividend |
May 02, 2013 | $0.061 | OrdinaryDividend |
Apr 02, 2013 | $0.213 | OrdinaryDividend |
Mar 04, 2013 | $0.061 | OrdinaryDividend |
Feb 04, 2013 | $0.048 | OrdinaryDividend |
Dec 27, 2012 | $0.235 | OrdinaryDividend |
Dec 04, 2012 | $0.064 | OrdinaryDividend |
Nov 02, 2012 | $0.070 | OrdinaryDividend |
Oct 02, 2012 | $0.178 | OrdinaryDividend |
Sep 05, 2012 | $0.072 | OrdinaryDividend |
Aug 02, 2012 | $0.081 | OrdinaryDividend |
Jul 03, 2012 | $0.165 | OrdinaryDividend |
Jun 04, 2012 | $0.079 | OrdinaryDividend |
May 02, 2012 | $0.073 | OrdinaryDividend |