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About iShares Flexible Income Active ETF
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Inception date
May 19, 2023
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
BINC pursues exposure to the global debt market by actively investing in US and non-US fixed income securities that include corporate bonds, government and municipal debt, securitized assets, floating rate loans, money market securities, as well as CLOs and preferred stocks. It will primarily invest in high-yield securities but may hold investment grade bonds of up to 20%. Although the fund does not target a specific maturity or duration, it will aim to maintain an average portfolio duration between one and five years. Derivatives may also be utilized such as futures contracts, options, swaps, and indexed and inverse floating-rate securities. As an actively managed fund, the final selection of securities is at the full discretion of the adviser. BINC seeks long-term income maximization and capital preservation appreciation by providing investors with a low-cost, active fixed-income solution. Prior to October 10, 2024, the fund used Blackrock for branding purposes instead of iShares.
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
Securitized
Corporate
Bonds, Cash & Other100.00%
Securitized47.96%
Corporate44.84%
Government9.36%
ETF2.23%
Mutual fund1.68%
Miscellaneous1.19%
Loans0.71%
Municipal0.03%
Rights & Warrants−0.01%
Cash−7.99%
Stock breakdown by region
North America45.06%
Europe44.96%
Asia4.35%
Latin America2.41%
Africa2.17%
Middle East0.55%
Oceania0.50%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
BINC invests in bonds. The fund's major sectors are Securitized, with 47.96% stocks, and Corporate, with 44.84% of the basket. The assets are mostly located in the N/A region.
BINC last dividends amounted to 0.23 USD. The month before, the issuer paid 0.24 USD in dividends, which shows a 3.99% decrease.
BINC assets under management is 9.27 B USD. It's risen 6.51% over the last month.
BINC fund flows account for 6.21 B 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, BINC pays dividends to its holders with the dividend yield of 6.44%. The last dividend (May 6, 2025) amounted to 0.24 USD. The dividends are paid monthly.
BINC shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on May 19, 2023, and its management style is Active.
BINC expense ratio is 0.40% meaning you'd have to pay 0.40% of your investment to help manage the fund.
BINC follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BINC invests in bonds.
BINC price has risen by 0.42% over the last month, and its yearly performance shows a 0.65% increase. See more dynamics on BINC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.79% over the last month, showed a 0.58% increase in three-month performance and has increased by 7.44% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.79% over the last month, showed a 0.58% increase in three-month performance and has increased by 7.44% in a year.
BINC trades at a premium (0.26%) meaning the ETF is trading at a higher price than the calculated NAV.