BINCiShares Flexible Income Active ETF

Get income3y track recordRanked #261 of 1,622 in this goal

Seeks to maximize long-term income by primarily investing in debt and income-producing securities.

By iShares · Launched 2023

Annual Cost

0.40%

#2,058 of 5,562 · average

Fund Size

$16.8B

#171 of 5,562 · large

Dividend YieldGoal

5.54%

Track Record

3 years

#3,018 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,576+5.8%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 25.3% of fund✓ well diversified

UMBS, TBA

9.0%

BlackRock Funds III

4.9%

UMBS, TBA

3.5%

UMBS, TBA

2.3%

iShares iBoxx $ High Yield Corporate Bond ETF

1.7%

iShares iBoxx $ Investment Grade Corporate Bond ETF

1.3%

BLACKROCK CASH FUNDS

1.1%

Ireland Government Bonds

0.5%

Spain Government Bonds

0.5%

NOTA DO TESOURO NACIONAL

0.5%

Asset allocation

Bonds

109.2%

Cash

7.3%

Convertible

0.1%

Preferred

0.0%

Stocks

0.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

2.3%Low

Year-on-year price swings

Max drawdown

-2.7%Mild

Worst peak-to-trough loss

Sharpe (3Y)

1.09Strong risk-adjusted returns

Sortino (3Y)

1.59Good downside protection

Bond profile

Duration

5.4 years

Avg maturity

9.9 years

Credit ratings

US Government

13.7%

AAA

21.4%

21.0%

11.7%

BBB

12.5%

18.5%

13.6%

Below B

1.3%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to maximize long-term income by primarily investing in debt and income-producing securities.
Strategy: Invests in a combination of fixed-income securities, including high yield, U.S. Government obligations, mortgage-backed securities, and municipal securities. May invest in derivatives and other instruments to enhance returns or hedge against declines, maintaining an average portfolio duration of 1-5 years.
Inception date: May 19, 2023
Fund family: iShares