iShares Morningstar Multi-Asset Income ETFiShares Morningstar Multi-Asset Income ETFiShares Morningstar Multi-Asset Income ETF

iShares Morningstar Multi-Asset Income ETF

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Key stats


Assets under management (AUM)
‪112.95 M‬USD
Fund flows (1Y)
‪−17.89 M‬USD
Dividend yield (indicated)
5.34%
Discount/Premium to NAV
0.09%

About iShares Morningstar Multi-Asset Income ETF


Issuer
Blackrock Finance, Inc.
Brand
iShares
Expense ratio
0.49%
Home page
Inception date
Apr 3, 2012
Index tracked
Morningstar Multi-Asset High Income Index
Management style
Passive
IYLD is passively-managed offering a fixed-income-focused, multi-asset yield play. The fund, which is structured a fund-of-funds, follows an allocation mandate of 60% in fixed income, 20% in equities (with a focus on dividends) and 20% in REITs and preferred stock. IYLD places bounds on currency exposure too, aiming to keep non-USD exposure under roughly 25%. Roughly applies here because the rule is applied to ETFs with significant FX exposure rather than at the security level. Still, the allocation and currency boundaries combined with ETF-based exposure gives investors a clear picture of what they're buying. IYLD searches aggressively for yield within this asset class, with a hefty stake in junk bonds and emerging market debt. The index is rebalanced and reconstituted quarterly.

Classification


Asset Class
Asset allocation
Category
Asset allocation
Focus
Target outcome
Niche
Income
Strategy
Multi-factor
Weighting scheme
Fixed
Selection criteria
Fixed
What's in the fund
Exposure type
Bonds, Cash & Other
ETF
Bonds, Cash & Other100.00%
ETF99.16%
Mutual fund0.84%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
Neutral
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Neutral
SellBuy
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Neutral
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Strong sellStrong buy
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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.