BINC

iShares Flexible Income Active ETF

$53.04
+0.00%
Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The iShares Flexible Income Active ETF (BINC) seeks to provide current income while maintaining a low volatility profile.

Overview

ETF tracking iShares Flexible Income Active ETF

Category Value
Issuer BlackRock
Inception Date 2023-05-23
Market Cap $12.5B
Average Volume N/A
Dividend Yield 4.35%
52-Week Range $51.13 - $53.50
VWAP $53.04

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The iShares Flexible Income Active ETF (BINC) seeks to provide current income while maintaining a low volatility profile.

🎯 Investment Strategy

BINC is an actively managed fixed income ETF that invests in a diversified portfolio of investment-grade debt securities. The fund aims to generate income by actively managing interest rate risk and credit exposure to navigate changing market conditions.

✨ Key Features

  • Actively managed fixed income strategy focused on generating current income
  • Diversified portfolio of investment-grade bonds and other debt securities
  • Seeks to maintain a low volatility profile compared to the broader bond market
  • Flexible approach to managing interest rate risk and credit exposure

⚠️ Primary Risks

  • Interest rate risk: The fund's value may decline when interest rates rise
  • Credit risk: The fund is exposed to the risk of default by the issuers of the debt securities it holds
  • Liquidity risk: Some of the fund's holdings may be difficult to sell, which could affect performance
  • Active management risk: The fund's performance depends on the skill of the portfolio managers

👤 Best For

BINC may be suitable for investors seeking current income and lower volatility exposure within their fixed income allocation. It may be particularly appealing to conservative investors or those nearing retirement who prioritize stability and consistent income over aggressive growth.

Top Holdings

Rank Ticker Name Weight Sector
1 UM30 UMBS 30YR TBA(REG A) 9.63% Securitized
2 UM30 UMBS 30YR TBA(REG A) 3.02% Securitized
3 BISXX BLACKROCK CASH CL INST SL AGENCY 1.87% Cash and/or Derivatives
4 MSCO CASH COLLATERAL MORGAN STANLEY INT 1.21% Cash and/or Derivatives
5 SPGB SPAIN (KINGDOM OF) 0.55% Treasury
6 IRISH IRELAND (GOVERNMENT) RegS 0.54% Treasury
7 BNTNF BRAZIL FEDERATIVE REPUBLIC OF (GO 0.47% Treasury
8 RPLDCI BEIGNET INVESTOR LLC 144A 0.44% Corporates
9 BTPS ITALY (REPUBLIC OF) 0.43% Treasury
10 UM30 UMBS 30YR TBA(REG A) 0.39% Securitized
11 THAIGB THAILAND KINGDOM OF (GOVERNMENT) 0.37% Treasury
12 BLTN BRAZIL FEDERATIVE REPUBLIC OF (GOV 0.37% Treasury
13 FRTR FRANCE (REPUBLIC OF) 0.35% Treasury
14 SAGB SOUTH AFRICA (REPUBLIC OF) 0.33% Treasury
15 UM30 UMBS 30YR TBA(REG A) 0.32% Securitized