Symbols

BCLO

iShares BBB-B CLO Active ETF·NASDAQ

--(--)

Key Stats

Assets Under Management

74.34MUSD

Fund Flows (1Y)

14.91MUSD

Dividend Yield

6.44%

Discount/Premium to NAV

0.27%

Shares Outstanding

1.50M

Expense Ratio

0.45%

About iShares BBB-B CLO Active ETF

Issuer

BlackRock Fund Advisors

Brand

iShares

Home Page

https://www.ishares.com/us/products/341497/

Inception Date

Jan 29, 2025

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

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

BCLO is an actively managed fund that primarily invests in USD-denominated collateralized loan obligations of any maturity bracket. These securities must be rated BBB+ to B-, which are secondary to more senior tranches. Each constituent is capped at 10% of the funds assets. Up to 10% of the fund may be invested in obligations rated above BBB+ while up to 25% of the investments may be denominated in foreign currency. BCLO may also buy when-issued securities and participate in delayed delivery transactions, and also may invest in cash or other short-term instruments for liquidity purposes.