---
ticker: "BINC"
name: "iShares Flexible Income Active ETF"
url: "https://etf.net/etf/BINC"
grade: "B"
score: 63
graded_at: "2026-10-12"
category: "Global Aggregate Bond (Unhedged)"
category_rank: "12 of 29"
methodology: "https://etf.net/methodology"
---

# BINC: iShares Flexible Income Active ETF

Grade **B**, Score 63 of 100. Rank 12 of 29 in Global Aggregate Bond (Unhedged).

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 34 | 19 of 29 |
| Mission | 82 | 15 of 27 |
| Risk | 78 | 5 of 29 |
| Tradability | 67 | 8 of 29 |
| Holdings | 72 | 7 of 29 |
| Durability | 80 | 6 of 29 |

## Top holdings

The fund holds 4463 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Umbs 30YR Tba(Reg A) 3.50% 11/12/2026 (UM30) | 4.67% |
| 2 | — | Umbs 30YR Tba(Reg A) 5.50% 11/12/2026 (UM30) | 4.51% |
| 3 | — | Treasury Note (Old) 4.13% 08/31/2028 (Tnote) | 4.40% |
| 4 | — | Umbs 30YR Tba(Reg A) 6.00% 11/12/2026 (UM30) | 2.22% |
| 5 | — | Cash Collateral Morgan Stanley & C 12/31/2079 (Msopt) | 1.71% |
| 6 | — | BlackRock Cash Class Inst Sl Agency | 1.60% |
| 7 | — | Treasury Bill 10/27/2026 (Tbill) | 1.39% |
| 8 | — | Eur Cash | 1.02% |
| 9 | — | Ishares Iboxx $ Inv Grade Corporat | 0.99% |
| 10 | — | ITALY (REPUBLIC OF) RegS 2.85% 02/01/2031 (BTPS) | 0.75% |
| 11 | — | Umbs 30YR Tba(Reg A) 4.00% 11/12/2026 (UM30) | 0.73% |
| 12 | — | Eur/Usd 12/16/2026 (Eur) | 0.72% |
| 13 | — | Ishares Iboxx $ High Yield Corpora | 0.68% |
| 14 | — | Morgan Stanley Finance Llc Mtn 144A 6.18% 05/08/2031 (Ms) | 0.67% |
| 15 | — | Caturus 1L Notes 144A 12.00% 05/14/2031 (Cathold) | 0.56% |
| 16 | — | Cash Collateral USD Sgaft 12/31/2049 (Sgaft) | 0.54% |
| 17 | — | Brazil Federative Republic of (Go 10.00% 01/01/2027 (Bntnf) | 0.53% |
| 18 | — | Umbs 30YR Tba(Reg A) 2.50% 11/12/2026 (UM30) | 0.50% |
| 19 | — | FRANCE (REPUBLIC OF) RegS 2.75% 02/25/2029 (FRTR) | 0.45% |
| 20 | — | ITALY (REPUBLIC OF) RegS 2.40% 03/15/2029 (BTPS) | 0.45% |
| 21 | — | ITALY (REPUBLIC OF) RegS 3.45% 02/01/2036 (BTPS) | 0.44% |
| 22 | — | Spain (Kingdom Of) 2.35% 03/31/2029 (Spgb) | 0.43% |
| 23 | — | Spain (Kingdom Of) 3.30% 04/30/2036 (Spgb) | 0.41% |
| 24 | — | South Africa (Republic Of) 8.00% 01/31/2030 (Sagb) | 0.40% |
| 25 | — | Gs Finance Corp Mtn 6.70% 05/14/2031 (Gs) | 0.40% |
| 26 | — | South Africa (Republic Of) 7.00% 02/28/2031 (Sagb) | 0.37% |
| 27 | — | Italy (Republic Of) 3.65% 08/01/2035 (Btps) | 0.33% |
| 28 | — | Gs Finance Corp 0.00% 02/17/2031 (Gs) | 0.31% |
| 29 | — | Coreweave Compute Acquisition Co V Ddtl 5.99% 03/18/2032 (Crwv) | 0.30% |
| 30 | — | Cash Collateral USD Xbnpu 12/31/2049 (Xbnpu) | 0.27% |

Source: etf.net, https://etf.net/etf/BINC. Please cite the page URL.