IYLDiShares Morningstar Multi-Asset Income ETF
IYLD Fund Description
IYLD tracks an index of fixed-income, equity, preferred stock and REIT ETFs with a focus on income production.
IYLD Factset Analytics Insight
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.
IYLD Summary Data
IYLD Portfolio Data
IYLD Index Data
IYLD Fund Structure
IYLD Tax Exposures
IYLD Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of IYLD. IYLD is rated a 3 out of 5.