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Trending ETFs

Name

As of 05/22/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$28.72

$26 M

8.18%

$2.35

0.35%

Vitals

YTD Return

11.2%

1 yr return

N/A

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$26 M

Holdings in Top 10

33.8%

52 WEEK LOW AND HIGH

$28.9
$24.00
$28.89

Expenses

OPERATING FEES

Expense Ratio 0.35%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 05/22/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$28.72

$26 M

8.18%

$2.35

0.35%

BALI - Profile

Distributions

  • YTD Total Return 11.2%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 8.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    BlackRock Advantage Large Cap Income ETF
  • Fund Family Name
    BlackRock-Advised Funds
  • Inception Date
    Sep 28, 2023
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

Under normal market conditions, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in large cap equity securities and derivatives that have similar economic characteristics to such securities. The Fund seeks to achieve its investment objective by employing the following strategies:
holding long positions in U.S. large cap equity securities,
selling (writing) call options on a large cap equity index, such as the S&P 500 Index, and
buying futures on a large cap equity index, such as the S&P 500 Index.
The Fund will invest primarily in equity securities of large cap companies. For purposes of the Fund’s 80% test, large cap equity securities are equity securities of companies that, at the time of purchase, have a market capitalization within the range of companies included in the S&P 500 Index. As of March 31, 2024, the market capitalization range of companies included in the S&P 500 Index is $5.1 billion to $3.1 trillion. Equity securities include common stock, preferred stock and convertible securities or other financial instruments that are components of, or have characteristics similar to, securities included in a large cap equity index, such as the S&P 500 Index. From time to time, the Fund may invest in shares of companies through initial public offerings (“IPOs”).
To generate income, the Fund will sell (write) call options on a large cap equity index, such as the S&P 500 Index. An options contract is an agreement between a buyer and seller that gives the purchaser of the option the right to buy (in the case of a call option) a particular asset at a specified future date at an agreed upon price (commonly known as the “strike price”). When the Fund writes (sells) a call option, the Fund is entitled to receive a premium. Although not perfectly correlated, such call options may have the impact of capping potential gains from the Fund’s long position in equity securities. Therefore, to reduce the potential impact of this cap on the potential gains (with actual results dependent on various factors including the degree of options and futures activity over time), the Fund will buy futures on a large cap equity index.
The Fund seeks to pursue its investment objective by investing in securities in a disciplined manner, by using proprietary return forecast models that
incorporate quantitative analysis. These forecast models are designed to prioritize insights that demonstrate downside protection as well as identify aspects of mispricing across stocks which the Fund can seek to capture by over-and under-weighting particular equity securities while seeking to control incremental risk. BFA then constructs and rebalances the portfolio by integrating its investment insights with the model-based optimization process.
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BALI - Performance

Return Ranking - Trailing

Period BALI Return Category Return Low Category Return High Rank in Category (%)
YTD 11.2% N/A N/A N/A
1 Yr N/A N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period BALI Return Category Return Low Category Return High Rank in Category (%)
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

Total Return Ranking - Trailing

Period BALI Return Category Return Low Category Return High Rank in Category (%)
YTD 11.2% N/A N/A N/A
1 Yr N/A N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period BALI Return Category Return Low Category Return High Rank in Category (%)
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

BALI - Holdings

Concentration Analysis

BALI Category Low Category High BALI % Rank
Net Assets 26 M N/A N/A N/A
Number of Holdings 121 N/A N/A N/A
Net Assets in Top 10 6.3 M N/A N/A N/A
Weighting of Top 10 33.84% N/A N/A N/A

Top 10 Holdings

  1. Microsoft Corp 7.94%
  2. Apple Inc 7.53%
  3. Amazon.com Inc 3.50%
  4. Alphabet Inc 3.05%
  5. NVIDIA Corp 2.68%
  6. Johnson Johnson 1.89%
  7. Mastercard Inc 1.89%
  8. Meta Platforms Inc 1.83%
  9. Alphabet Inc 1.78%
  10. AbbVie Inc 1.75%

Asset Allocation

Weighting Return Low Return High BALI % Rank
Stocks
98.01% N/A N/A N/A
Cash
2.07% N/A N/A N/A
Preferred Stocks
0.00% N/A N/A N/A
Convertible Bonds
0.00% N/A N/A N/A
Bonds
0.00% N/A N/A N/A
Other
-0.09% N/A N/A N/A

Stock Sector Breakdown

Weighting Return Low Return High BALI % Rank
Utilities
0.00% N/A N/A N/A
Technology
0.00% N/A N/A N/A
Real Estate
0.00% N/A N/A N/A
Industrials
0.00% N/A N/A N/A
Healthcare
0.00% N/A N/A N/A
Financial Services
0.00% N/A N/A N/A
Energy
0.00% N/A N/A N/A
Communication Services
0.00% N/A N/A N/A
Consumer Defense
0.00% N/A N/A N/A
Consumer Cyclical
0.00% N/A N/A N/A
Basic Materials
0.00% N/A N/A N/A

Stock Geographic Breakdown

Weighting Return Low Return High BALI % Rank
US
98.01% N/A N/A N/A
Non US
0.00% N/A N/A N/A

BALI - Expenses

Operational Fees

BALI Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.35% N/A N/A N/A
Management Fee 0.35% N/A N/A N/A
12b-1 Fee N/A N/A N/A N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

BALI Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

BALI Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

BALI Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

BALI - Distributions

Dividend Yield Analysis

BALI Category Low Category High BALI % Rank
Dividend Yield 8.18% N/A N/A N/A

Dividend Distribution Analysis

BALI Category Low Category High Category Mod
Dividend Distribution Frequency Monthly

Net Income Ratio Analysis

BALI Category Low Category High BALI % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

BALI Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

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BALI - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A