Symbols

TOPT

iShares Top 20 U.S. Stocks ETF·NYSE

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Key Stats

Assets Under Management

463.79MUSD

Fund Flows (1Y)

297.39MUSD

Dividend Yield

0.38%

Discount/Premium to NAV

0.01%

Shares Outstanding

14.90M

Expense Ratio

0.20%

About iShares Top 20 U.S. Stocks ETF

Issuer

BlackRock Fund Advisors

Brand

iShares

Home Page

https://www.ishares.com/us/products/339779/ishares-top-20-u-s-stocks-etf

Inception Date

Oct 23, 2024

Structure

Open-Ended Fund

Index Tracked

S&P 500 Top 20 Select Index - Benchmark TR Gross

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

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

TOPT aims to replicate the performance of the 20 largest US companies by market capitalization within the S&P 500. The fund utilizes float-adjusted weights, implementing caps of 22.5% for any single issuer and 48% for the aggregate of those exceeding 4.5% to ensure diversity. Holdings are adjusted quarterly to align with current market conditions and corporate changes. Predominantly investing in these leading companies, TOPT may also utilize derivatives and cash equivalents to maintain alignment with its target index. This approach enhances the funds responsiveness to economic shifts and maximizes investment potential.