BlackRock ETF Trust BlackRock Advantage Large Cap Income ETFBlackRock ETF Trust BlackRock Advantage Large Cap Income ETFBlackRock ETF Trust BlackRock Advantage Large Cap Income ETF

BlackRock ETF Trust BlackRock Advantage Large Cap Income ETF

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Key stats

Assets under management (AUM)
‪30.60 M‬USD
Fund flows (1Y)
Dividend yield (indicated)
7.53%
Discount/Premium to NAV
0.1%

About BlackRock ETF Trust BlackRock Advantage Large Cap Income ETF

Issuer
BlackRock, Inc.
Brand
BlackRock
Expense ratio
0.35%
Home page
Inception date
Sep 26, 2023
Index tracked
No Underlying Index
Management style
Active
BALI aims to generate stable income by focusing on large-cap stocks and derivatives with comparable economic traits. To achieve its goal, the fund employs several strategies like holding long positions in US large cap equity securities, selling call options on a large cap equity index, and purchasing futures on the same index. This 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 that integrate quantitative analysis. These models prioritize insights that offer downside protection and identify stock mispricing opportunities. This enables the fund to strategically adjust its 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.

Classification

Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund

As of May 10, 2024
Exposure type
StocksBonds, Cash & Other
Technology Services
Electronic Technology
Finance
Stocks97.34%
Technology Services18.77%
Electronic Technology18.60%
Finance10.47%
Health Technology9.13%
Retail Trade7.35%
Consumer Non-Durables6.65%
Industrial Services4.34%
Producer Manufacturing3.45%
Consumer Services3.42%
Commercial Services3.08%
Distribution Services2.64%
Consumer Durables2.33%
Energy Minerals1.35%
Health Services1.30%
Process Industries1.30%
Utilities1.26%
Communications1.21%
Transportation0.10%
Bonds, Cash & Other2.66%
Cash3.27%
Miscellaneous−0.61%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows