BlackRock plans to convert BlackRock International Dividend’s mutual fund shares to an active exchange-traded fund by year-end 2024, a spokesperson said. The firm plans to keep the strategy’s philosophy and lead portfolio managers. The ETF is expected to charge a 0.62% expense ratio. This would be the firm’s first mutual fund-to-ETF conversion. All active ETFs in the firm’s lineup currently provide daily holdings transparency. All mutual fund shares will begin merging into a recently created active ETF shell vehicle in June 2024 and finish by year's end, according to the plan. Until the merger is official, the spokesperson could not provide additional details. The strategy’s ratings remain unchanged.
BlackRock International Dividend Instl BISIX
- NAV / 1-Day Return 34.53 / −0.12 %
- Total Assets 716.8 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.680%
- Distribution Fee Level Below Average
- Share Class Type Institutional
- Category Foreign Large Blend
- Investment Style Large Growth
- Min. Initial Investment 2.0 Mil
- Status Open
- TTM Yield 1.66%
- Turnover 34%
USD | NAV as of Apr 19, 2024 | 1-Day Return as of Apr 19, 2024, 10:09 PM GMT+0
Morningstar’s Analysis BISIX
Will BISIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 36.7
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Taiwan Semiconductor Manufacturing Co Ltd | 4.79 | 34.4 Mil | Technology |
Novo Nordisk A/S Class B | 4.35 | 31.3 Mil | Healthcare |
ASML Holding NV | 4.00 | 28.7 Mil | Technology |
Lvmh Moet Hennessy Louis Vuitton SE | 3.76 | 27.0 Mil | Consumer Cyclical |
RELX PLC | 3.68 | 26.5 Mil | Industrials |
Baker Hughes Co Class A | 3.49 | 25.1 Mil | Energy |
Keyence Corp | 3.27 | 23.5 Mil | Technology |
Air Liquide SA | 3.19 | 22.9 Mil | Basic Materials |
Assa Abloy AB Class B | 3.12 | 22.4 Mil | Industrials |
Diageo PLC | 3.05 | 21.9 Mil | Consumer Defensive |