Key stats
About iShares Floating Rate Loan Active ETF
Home page
Inception date
Oct 4, 2022
Structure
Open-Ended Fund
Replication method
Physical
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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Loans
Mutual fund
Bonds, Cash & Other100.00%
Loans82.12%
Mutual fund10.50%
Miscellaneous4.14%
ETF2.59%
Corporate2.58%
Cash−1.94%
Stock breakdown by region
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
Frequently Asked Questions
BRLN invests in funds. The fund's major sectors are Mutual fund, with 10.50% stocks, and ETF, with 2.59% of the basket. The assets are mostly located in the N/A region.
BRLN last dividends amounted to 0.29 USD. The month before, the issuer paid 0.31 USD in dividends, which shows a 6.92% decrease.
BRLN assets under management is 59.60 M USD. It's risen 0.44% over the last month.
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.
Yes, BRLN pays dividends to its holders with the dividend yield of 6.76%. The last dividend (Nov 6, 2025) amounted to 0.29 USD. The dividends are paid monthly.
BRLN shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on Oct 4, 2022, and its management style is Active.
BRLN expense ratio is 0.55% meaning you'd have to pay 0.55% of your investment to help manage the fund.
BRLN follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BRLN invests in funds.
BRLN price has risen by 0.73% over the last month, and its yearly performance shows a −1.93% 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.
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 trades at a premium (0.25%) meaning the ETF is trading at a higher price than the calculated NAV.