The fund normally invests at least 80% of its assets in floating rate loans and investments that are the economic equivalent of floating rate loans, which effectively enables the fund to achieve a floating rate of income. The fund may also invest in other floating rate debt instruments and investments that are the economic equivalent of floating rate debt instruments. It is non-diversified.
Frequently asked questions
What is the Blackrock ETF Trust II - Floating Rate Loan ETF (BRLN) expense ratio?
The Blackrock ETF Trust II - Floating Rate Loan ETF funds expense ratio is 0.55%.
What is Blackrock ETF Trust II - Floating Rate Loan ETF (BRLN) current stock price?
As of the latest data, Blackrock ETF Trust II - Floating Rate Loan ETF stock price is $50.92, with a previous close of $50.85. Blackrock ETF Trust II - Floating Rate Loan ETF gained $0.07 in the last trading session, representing a 0.13% increase.
Does Blackrock ETF Trust II - Floating Rate Loan ETF (BRLN) pay dividends?
Yes. Blackrock ETF Trust II - Floating Rate Loan ETF pays monthly dividends with an annualized yield of 6.2% and an estimated annual payout of $3.16 per share.
When is the next ex-dividend date for Blackrock ETF Trust II - Floating Rate Loan ETF (BRLN)?
The next ex-dividend date is scheduled for August 03, 2026.