iShares Flexible Income Active ETF
$51.13−0.27 (−0.53%)
- Expense ratio
- 0.52%
- Fund size
- $16.5B
- 1Y return
- +2.2%
- Yield · Last 12 months
- 5.92%
- Holdings
- 4152
- Volume · 30D
- 2.3M sh
- NAV per share
- $51.29
- 52W range
The ETF.net BINC Grade
Score 62 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.DScore 30Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 81Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.AScore 78Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 67Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 74Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 80Category rank
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
- 4,152
- 22%
- UMBS 30YR TBA(REG A) 3.50% 10/13/2026 (UM30)
Sectors
- Technology75.3%
- Industrials24.7%
Geography
- United States43.52%
- United Kingdom7.03%
- Italy6.16%
- Spain4.77%
- France4.62%
- Luxembourg4.33%
- Netherlands3.67%
- Germany2.21%
- 23.70%
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.
Returns run to the Sep 22, 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 | +0.8% |
| 1 month | −0.7% |
| 3 months | −0.4% |
| 1 year | +2.2% |
| 3 years | +6.6% |
| 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 | +0.8% | |
| 2025 | +7.6% | |
| 2024 | +5.8% | |
| 2023 | +7.1% |
BINC in the news
ETF.net Research hasn’t filed on BINC yet — coverage lands here as it’s written.
BINC Dividends
- 5.92%
- $3.04
- $0.23 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.23 |
| Aug 3, 2026 | Aug 6, 2026 | $0.23 |
| Jul 1, 2026 | Jul 7, 2026 | $0.23 |
| Jun 1, 2026 | Jun 4, 2026 | $0.24 |
| May 1, 2026 | May 6, 2026 | $0.22 |
| Apr 1, 2026 | Apr 7, 2026 | $0.23 |
| Mar 2, 2026 | Mar 5, 2026 | $0.21 |
| Feb 2, 2026 | Feb 5, 2026 | $0.22 |
| Dec 19, 2025 | Dec 24, 2025 | $0.43 |
| Dec 1, 2025 | Dec 4, 2025 | $0.36 |
| Nov 3, 2025 | Nov 6, 2025 | $0.22 |
| Oct 1, 2025 | Oct 6, 2025 | $0.22 |
BINC Risk
- 3.3%
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.
- 0.60
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
- The middle half of Global Aggregate Bond (Unhedged) funds
- Median 0.41%
18 of the 27 Global Aggregate Bond (Unhedged) funds charge less.