Fixed Income

BRLN

iShares Floating Rate Loan Active ETF ACTIVE

Overview

Important Information: Capital at Risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested.

Important Information: Investors must read the Prospectus for any fund in which they wish to invest. Please contact us at the BlackRock Advisors UK Limited-Dubai Branch for the relevant Prospectus.

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Performance

Performance

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Distributions

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  2020 2021 2022 2023 2024
Total Return (%) 12.5 8.3
Benchmark (%) 13.1 9.0
  From
30-Jun-2020
To
30-Jun-2021
From
30-Jun-2021
To
30-Jun-2022
From
30-Jun-2022
To
30-Jun-2023
From
30-Jun-2023
To
30-Jun-2024
From
30-Jun-2024
To
30-Jun-2025
Total Return (%)

as of 30-Jun-2025

- - - 10.13 7.05
Benchmark (%)

as of 30-Jun-2025

- - - 11.06 7.34
  1y 3y 5y 10y Incept.
6.04 - - - 9.25
Benchmark (%) 6.94 - - - 9.89
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
0.25 -0.52 0.25 2.20 6.04 - - - 24.65
Benchmark (%) 0.48 -0.31 0.48 2.76 6.94 - - - 26.45
Performance shown reflects fee waivers and/or expense reimbursements by the investment advisor to the fund for some or all of the periods shown. Performance would have been lower without such waivers.
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted, and numbers may reflect small variances due to rounding. Standardized performance and performance data current to the most recent month end may be obtained by clicking the "Returns" tab above.

Key Facts

Key Facts

Net Assets of Fund
as of 02-Jul-2025
USD 59,650,196
Exchange
Cboe BZX
Benchmark Index
Morningstar LSTA Leveraged Loan Index (USD)
Premium/Discount
as of 02-Jul-2025
-0.31%
Volume - 1d
as of 02-Jul-2025
7,426.00
Fund Launch Date
04-Oct-2022
Asset Class
Fixed Income
Distribution Frequency
Monthly
CUSIP
092528405

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 02-Jul-2025
450
12 Month Trailing Dividend Distribution Yield
as of 01-Jul-2025
7.57
Weighted Average YTM
as of 02-Jul-2025
7.63%
Weighted Avg Maturity
as of 02-Jul-2025
4.19
Option Adjusted Spread
as of 02-Jul-2025
282.98
Equity Beta (3y)
as of -
-
Standard Deviation (3y)
as of -
-
Weighted Avg Coupon
as of 02-Jul-2025
7.00
Effective Duration
as of 02-Jul-2025
0.25

Fees

Fees

as of current prospectus
Management Fee 0.60
Acquired Fund Fees and Expenses 0.03
Foreign Taxes and Other Expenses 0.00
Gross Expense Ratio 0.63
Fee Waivers 0.08
Net Expense Ratio 0.55

Ratings

Ratings

Morningstar Medalist Rating

Morningstar Medalist Rating - BRONZE
Morningstar has awarded the Fund a Bronze medal. (Effective 31-May-2025)
Analyst-Driven % as of 31-May-2025
55.00
Data Coverage % as of 31-May-2025
88.00

Registered Locations

Registered Locations

Holdings

Holdings

as of 02-Jul-2025
Issuer Weight (%)
ISHARES HIGH YIELD CORPORATE BOND 1.82
ISHARES BROAD USD HIGH YIELD CORPORATE BOND ETF 1.13
MEDLINE BORROWER LP 1.03
TRANSDIGM INC 0.97
ISHARES IBOXX HIGH YIELD CORPORATE BOND ETF 0.97
Issuer Weight (%)
ASURION LLC 0.90
CLOUD SOFTWARE GROUP INC 0.89
CLARIOS GLOBAL LP 0.80
ALLIANT HOLDINGS INTERMEDIATE LLC 0.79
EMRLD BORROWER LP 0.74
Detailed Holdings and Analytics contains detailed portfolio holdings information and select analytics.


The values shown for “market value,” “weight,” and “notional value” (the “calculated values”) are based off of a price provided by a third-party pricing vendor for the portfolio holding and do not reflect the impact of systematic fair valuation (“the vendor price”). The vendor price is not necessarily the price at which the Fund values the portfolio holding for the purposes of determining its net asset value (the “valuation price”). Holdings data shown reflects the investment book of record, which may differ from the accounting book of record used for the purposes of determining the Net Assets of the Fund. Notional value represents the portfolio's exposures based on the economic value of investments and options are delta-adjusted. Additionally, where applicable, foreign currency exchange rates with respect to the portfolio holdings denominated in non-U.S. currencies for the valuation price will be generally determined as of the close of business on the New York Stock Exchange, whereas for the vendor price will be generally determined as of 4 p.m. London. The calculated values may have been different if the valuation price were to have been used to calculate such values. The vendor price is as of the most recent date for which a price is available and may not necessarily be as of the date shown above.

Please see the “Determination of Net Asset Value” section of each Fund’s prospectus for additional information on the Fund’s valuation policies and procedures.

“Quantity” represents the number of shares, units or contracts of the corresponding security, as applicable per security type.

The “SYNTH” included in the Holdings table above are swaptions held by the Fund.

Exposure Breakdowns

Exposure Breakdowns

as of 02-Jul-2025

% of Market Value

as of 02-Jul-2025

% of Market Value

The maturity breakdown above is based on Weighted Average Life (WAL). WAL is the average length of time to the repayment of principal for the securities in the fund. This metric considers the likelihood that bonds will be called or prepaid before the scheduled maturity date.

as of 02-Jul-2025

% of Market Value

Credit quality ratings on underlying securities of the fund are received from S&P, Moody’s and Fitch and converted to the equivalent S&P major rating category. This breakdown is provided by BlackRock and takes the median rating of the three agencies when all three agencies rate a security, the lower of the two ratings if only two agencies rate a security, and one rating if that is all that is provided. Unrated securities do not necessarily indicate low quality. Below investment-grade is represented by a rating of BB and below. Ratings and portfolio credit quality may change over time.
Allocations are subject to change.

Listings

Listings

Portfolio Managers

Portfolio Managers

Carly Wilson
Carly Wilson
Mitchell Garfin
Mitchell Garfin
Tara Fitzpatrick
Tara Fitzpatrick

ESG Integration

ESG Integration

BlackRock considers many investment risks in our processes. In order to seek the best risk-adjusted returns for our clients, we manage material risks and opportunities that could impact portfolios, including financially material Environmental, Social and/or Governance (ESG) data or information, where available. See our Firm Wide ESG Integration Statement for more information on this approach and fund documentation for how these material risks are considered within this product, where applicable.

Literature

Literature

No documents available for this fund