iShares Floating Rate Loan Active ETF (BRLN) Price, Holdings, & News

ETF Overview

The BlackRock Floating Rate Loan ETF (BRLN) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks to provide current income and capital appreciation by actively investing in floating rate loans of any credit quality from around the globe. BRLN was launched on Oct 4, 2022 and is managed by BlackRock.

Key Stats

• Today's Range: $52.00 to $52.35
• 50-Day Range: $52.32 to $52.89
• 52-Week Range: N/A
• Volume: 11,245 shs
• Average Volume: N/A
• Market Capitalization: $41.77 million
• Assets Under Management: $57.46 million
• Dividend Yield: 8.64%
• Net Expense Ratio: 0.55%
• Aggregate Rating: N/A

BRLN ETF - Frequently Asked Questions

How have BRLN shares performed this year?

iShares Floating Rate Loan Active ETF's stock was trading at $52.60 at the beginning of 2024. Since then, BRLN stock has decreased by 0.7% and is now trading at $52.2143.
View the best growth stocks for 2024 here.

How do I buy shares of iShares Floating Rate Loan Active ETF?

Shares of BRLN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of iShares Floating Rate Loan Active ETF own?

Based on aggregate information from My MarketBeat watchlists, some other companies that iShares Floating Rate Loan Active ETF investors own include Johnson & Johnson (JNJ), JPMorgan Equity Premium Income ETF (JEPI), WisdomTree India Earnings Fund (EPI), Enbridge (ENB), Element Fleet Management (EFN), Discover Financial Services (DFS) and Chevron (CVX).

Fund Details

• Issuer: iShares
• Fund Name: iShares Floating Rate Loan Active ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: BATS
• Current Symbol: BATS:BRLN
• Inception Date: 10/4/2022
• Fund Manager: Mitchell Garfin, Carly Wilson, Abigail Parzanese, Tara Fitzpatrick
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Fixed Income
• Benchmark: N/A
• Category: Corporate
• Focus: Loans
• Development Level: Developed Markets
• Region: Global
• Number of Holdings: 462

Fund Statistics

• Assets Under Management: $57.46 million
• Average Daily Volume: $0.00
• Discount/Premium: 0.32%

Administrator, Advisor and Custodian

• Administrator: State Street Bank and Trust Company
• Advisor: BlackRock Fund Advisors
• Custodian: State Street Bank and Trust Company
• Distributor: BlackRock Investments, LLC
• Transfer Agent: State Street Bank and Trust Company
• Trustee: N/A
• Lead Market Maker: Virtu Financial

Miscellaneous

• Outstanding Shares: 800,000
• Beta: 0.12
• Creation Unit: 50,000
• Creation Fee: $1,500.00