iShares Flexible Income Active ETF (BINC) Price, Holdings, & News

ETF Overview

The BlackRock Flexible Income ETF (BINC) is an exchange-traded fund that mostly invests in high yield fixed income. The fund provides an actively managed approach to multisector fixed-income exposure globally. It may hold debt and income-producing securities, of any credit quality or maturity, with the objective of maximizing long-term income and capital appreciation. BINC was launched on May 19, 2023 and is managed by BlackRock.

Key Stats

• Today's Range: $52.92 to $52.97
• 50-Day Range: $52.18 to $52.86
• 52-Week Range: $50.84 to $53.56
• Volume: 766,921 shs
• Average Volume: 1.32 million shs
• Market Capitalization: $10.66 billion
• Assets Under Management: $10.88 billion
• Dividend Yield: 6.25%
• Net Expense Ratio: 0.40%
• Aggregate Rating: Moderate Buy

BINC ETF - Frequently Asked Questions

How have BINC shares performed this year?

iShares Flexible Income Active ETF's stock was trading at $52.02 at the start of the year. Since then, BINC shares have increased by 1.8% and is now trading at $52.9650.

Who are iShares Flexible Income Active ETF's major shareholders?

iShares Flexible Income Active ETF's top institutional shareholders include JPMorgan Chase & Co. (5.37%), Janney Montgomery Scott LLC (0.71%), Bank of New York Mellon Corp (0.58%) and Parallel Advisors LLC (0.18%).

How do I buy shares of iShares Flexible Income Active ETF?

Shares of BINC 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.

What other stocks do shareholders of iShares Flexible Income Active ETF own?

Based on aggregate information from My MarketBeat watchlists, some other companies that iShares Flexible Income Active ETF investors own include Advanced Micro Devices (AMD), Broadcom (AVGO), Bank of America (BAC), HIVE Digital Technologies (HIVE), PennantPark Floating Rate Capital (PFLT), Riot Platforms (RIOT) and Tesla (TSLA).

Fund Details

• Issuer: iShares
• Fund Name: iShares Flexible Income Active ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:BINC
• Inception Date: 5/23/2023
• Fund Manager: Rick Rieder, Jacob Caplain, Samir Lakhani, Dylan Price, Charlotte Widjaja
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Fixed Income
• Benchmark: N/A
• Category: Broad Debt
• Focus: Strategy
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 3948

Fund Statistics

• Assets Under Management: $10.86 billion
• Average Daily Volume: $0.00
• Discount/Premium: 0.11%

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: Jane Street

Options

• Optionable: N/A
• Short Interest: 661,200 shs

Miscellaneous

• Outstanding Shares: 201,250,000
• Beta: 0.18
• Creation Unit: 50,000
• Creation Fee: $1,225.00