Key stats
About iShares Morningstar Multi-Asset Income ETF
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Inception date
Apr 3, 2012
Structure
Open-Ended Fund
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
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
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
ETF
Bonds, Cash & Other100.00%
ETF99.62%
Mutual fund0.38%
Cash−0.01%
Top 10 holdings
Dividends
Dividend payout history