iShares Flexible Income Active ETF
$50.690.00 (−0.01%)
- 0.52%
- $16.5B
- +1.6%
- 6.03%
- 2M sh
- $50.60
- low $50.43high $53.51
The ETF.net BINC Grade
B
Score 63 out of 100
- 12 of 29
Score 63 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D34 out of 100Rank 19 of 29Mission
Whether the fund did what it promised, tested against its stated mandate.A82 out of 100Rank 15 of 27Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A78 out of 100Rank 5 of 29Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B67 out of 100Rank 8 of 29Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A72 out of 100Rank 7 of 29Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A80 out of 100Rank 6 of 29
Our read on BINC
BA go-anywhere bond fund from iShares. Instead of hugging the US aggregate index, it roams global debt hunting income, spreads the risk across roughly 4,200 positions, and pays monthly.
The fund seeks to maximize long-term income by primarily investing in debt and other income-producing securities.
Why people hold it
- Flexible mandate: it seeks to maximize long-term income across debt and other income-producing securities worldwide, rather than tracking a fixed bond benchmark.
- Roughly 4,200 holdings spread credit risk thin, so no single issuer carries much weight.
- Income lands monthly, and despite a 2023 launch it is already a multi-billion-dollar, actively traded fund.
Worth knowing
- At 0.52%, it costs more than the typical fund in its peer group, and well more than core index rivals BND, SPAB and SCHZ at 0.03%.
- No index to track: the managers' sector and credit calls steer it, so it can behave quite differently from a plain US aggregate bond fund.
- It launched in 2023, so there is less history to judge it by than the long-running core bond funds it sits beside.
BINC Holdings
- Bonds
- 4,463
- 23%
- Umbs 30YR Tba(Reg A) 3.50% 11/12/2026 (UM30)
Sectors
- Non-US Credit15.5%
- Agency Residential Mortgages14.0%
- US High Yield Credit12.8%
- US Investment Grade Credit9.9%
- Emerging Markets9.7%
- Non-Agency Mortgages8.2%
- Commercial Mortgages7.8%
- ABS5.9%
- CLO Securities5.8%
- US Treasuries4.1%
- Non-US Sovereign3.4%
- Bank Loans2.0%
- US Interest Rate Derivatives0.6%
- US Municipals0.0%
- Agency Debentures0.0%
Geography
- United States47.84%
- United Kingdom6.94%
- Italy5.22%
- France4.44%
- Luxembourg4.31%
- Netherlands3.87%
- Germany2.33%
- Spain2.33%
- 22.71%
Developed 68% · Emerging 32%
BINC Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.
BINC$10,158
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | BINC |
|---|---|
| Year to date | −0.1% |
| 1 month | −0.7% |
| 3 months | −1.5% |
| 1 year | +1.6% |
| 3 years | +6.5% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | BINC |
|---|---|---|
| 2026 YTD | −0.1% | |
| 2025 | +7.6% | |
| 2024 | +5.8% | |
| 2023 | +7.1% |
BINC in the news
BINC Dividends
- 6.03%
- $3.06
- $0.23 per share
- Monthly
Distribution history
BINC Risk
- 3.5%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.47
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −2.7%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.52
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
BINC Cost
0.52%
BINC0.52%
- The middle half of Global Aggregate Bond (Unhedged) funds
- Median 0.45%
18 of the 28 Global Aggregate Bond (Unhedged) funds charge less.
Other funds in Global Aggregate Bond (Unhedged)
- BHFSIHartford Strategic Income ETFExpense ratio 0.49%1 year return −0.3%
- BAPLUAllspring Core Plus ETFExpense ratio 0.31%1 year return −2.1%
- BCPLBNYLI MacKay Core Plus Bond ETFExpense ratio 0.35%1 year return −0.9%
- BPYLDPIMCO Multisector Bond Active Exchange-Traded FundExpense ratio 0.74%1 year return +1.3%
- BNFLTVirtus Newfleet Multi-Sector Bond ETFExpense ratio 0.50%1 year return +1.7%