iShares Floating Rate Loan Active ETFiShares Floating Rate Loan Active ETFiShares Floating Rate Loan Active ETF

iShares Floating Rate Loan Active ETF

No trades
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Key stats


Assets under management (AUM)
‪59.60 M‬USD
Fund flows (1Y)
‪2.86 M‬USD
Dividend yield (indicated)
6.76%
Discount/Premium to NAV
−0.3%
Shares outstanding
‪1.15 M‬
Expense ratio
0.55%

About iShares Floating Rate Loan Active ETF


Brand
iShares
Home page
Inception date
Oct 4, 2022
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Physical
Management style
Active
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
US0925284053
BRLN actively manages a broad portfolio of floating rate loans, effectively providing income that adjusts with prevailing interest rates. The fund typically invests in senior secured floating rate loans, second lien floating rate loans, and other subordinated or unsecured floating rate loans or debt. To a lesser extent, the fund may also hold fixed-rate loans whose interest payments are effectively converted into floating rate interest payments through the use of derivative instruments. Securities selected may be of any credit quality, including high yield, and may include loans or debt of foreign issuers without limitation. Up to 10% of the funds assets may be allocated to common stocks or other equities. The fund adviser has full discretion in managing the portfolio and may utilize derivatives such as options, futures, swaps, and forwards for hedging and non-hedging purposes. Prior to October 10, 2024, the fund used Blackrock for branding purposes.

Broaden your horizons with more funds linked to this ETF via country, focus, and more.

Classification


Asset Class
Fixed income
Category
Broad market, broad-based
Focus
Broad credit
Niche
Floating rate
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Loans
Mutual fund
Stock breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
BRLN trades at 51.68 USD today, its price has risen 0.02% in the past 24 hours. Track more dynamics on BRLN price chart.
BRLN net asset value is 51.82 today — it's risen 1.00% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
BRLN assets under management is ‪59.60 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
BRLN price has risen by 0.73% over the last month, and its yearly performance shows a −1.77% decrease. See more dynamics on BRLN price chart.
NAV returns, another gauge of an ETF dynamics, showed a 1.59% increase in three-month performance and has increased by 6.13% in a year.
BRLN fund flows account for ‪2.86 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
BRLN invests in funds. See more details in our Analysis section.
BRLN expense ratio is 0.55%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, BRLN isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, BRLN technical analysis shows the neutral rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating BRLN shows the strong sell signal. See more of BRLN technicals for a more comprehensive analysis.
Yes, BRLN pays dividends to its holders with the dividend yield of 6.76%.
BRLN trades at a premium (0.25%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
BRLN shares are issued by BlackRock, Inc.
BRLN follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 4, 2022.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.