BRLN actively manages a broad portfolio of floating rate loans, effectively providing income that adjusts with prevailing interest rates. The fund typically invests in senior secured floating rate loans, second lien floating rate loans, and other subordinated or unsecured floating rate loans or debt. To a lesser extent, the fund may also hold fixed-rate loans whose interest payments are effectively converted into floating rate interest payments through the use of derivative instruments. Securities selected may be of any credit quality, including high yield, and may include loans or debt of foreign issuers without limitation. Up to 10% of the funds assets may be allocated to common stocks or other equities. The fund adviser has full discretion in managing the portfolio and may utilize derivatives such as options, futures, swaps, and forwards for hedging and non-hedging purposes. Prior to October 10, 2024, the fund used Blackrock for branding purposes.
What is iShares Floating Rate Loan Active stock price today?▼
The current price of BRLN is $50.7 USD — it has increased by +0.29% in the past 24 hours. Watch iShares Floating Rate Loan Active stock price performance more closely on the chart.
What is iShares Floating Rate Loan Active stock ticker?▼
Depending on the exchange, the stock ticker may vary. For instance, on exchange iShares Floating Rate Loan Active stocks are traded under the ticker BRLN.
Is iShares Floating Rate Loan Active stock price growing?▼
BRLN stock has risen by +0.14% compared to the previous week, the month change is a +0.61% rise, over the last year iShares Floating Rate Loan Active has showed a -1.26% decrease.
Does iShares Floating Rate Loan Active pay dividends?▼
Yes, BRLN dividends are paid monthly. The last dividend per share was 0.24 USD. As of today, Dividend Yield (FWD)% is 6.59%.
When did iShares Floating Rate Loan Active complete a stock split?▼
The last stock split for iShares Floating Rate Loan Active was on September 15, 2009 with a ratio of 4:1.