BlackRock Floating Rate Loan ETF (BRLN)
52.55
+0.03
(+0.06%)
USD |
BATS |
Jun 28, 16:00
52.55
0.00 (0.00%)
After-Hours: 20:00
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
0.55% | 0.38% | 47.09M | 8381.60 |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
8.57% | 22.00% | 20.86M | Upgrade |
Basic Info
Investment Strategy | |
The investment seeks to provide high current income and secondarily seeks to provide long-term capital appreciation. The fund normally invests at least 80% of its assets in floating rate loans and investments that are the economic equivalent of floating rate loans, which effectively enables the fund to achieve a floating rate of income. The fund may also invest in other floating rate debt instruments and investments that are the economic equivalent of floating rate debt instruments. It is non-diversified. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | Mid Cap/Blend |
Fixed Income Style | Low Quality/Limited Sensitivity |
Broad Asset Class | Taxable Bond |
Broad Category | Fixed Income |
Category Name | Bank Loan |
Category Index | Morningstar LSTA US LL TR USD |
Global Category Name | US Fixed Income |
YCharts Categorization | US Fixed Income |
YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
Prospectus Objective | Income |
Fund Owner Firm Name | BlackRock |
Prospectus Benchmark Index | |
Morningstar LSTA US LL Index TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^BBUSATR | 100.0% |
Manager Tenure | |
Carly Wilson | 1.66 yrs |
Mitchell Garfin | 1.66 yrs |
Tara Fitzpatrick | 1.66 yrs |
Performance Versus Category
As of June 27, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of June 27, 2024.
Basic Info
Investment Strategy | |
The investment seeks to provide high current income and secondarily seeks to provide long-term capital appreciation. The fund normally invests at least 80% of its assets in floating rate loans and investments that are the economic equivalent of floating rate loans, which effectively enables the fund to achieve a floating rate of income. The fund may also invest in other floating rate debt instruments and investments that are the economic equivalent of floating rate debt instruments. It is non-diversified. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | Mid Cap/Blend |
Fixed Income Style | Low Quality/Limited Sensitivity |
Broad Asset Class | Taxable Bond |
Broad Category | Fixed Income |
Category Name | Bank Loan |
Category Index | Morningstar LSTA US LL TR USD |
Global Category Name | US Fixed Income |
YCharts Categorization | US Fixed Income |
YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
Prospectus Objective | Income |
Fund Owner Firm Name | BlackRock |
Prospectus Benchmark Index | |
Morningstar LSTA US LL Index TR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^BBUSATR | 100.0% |
Manager Tenure | |
Carly Wilson | 1.66 yrs |
Mitchell Garfin | 1.66 yrs |
Tara Fitzpatrick | 1.66 yrs |