iShares Morningstar Multi-Asset Income ETF (IYLD)
iShares Morningstar Multi-Asset Income ETF operates in the Asset Management - Income industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $22.29, up 0.34% on the session, giving a market capitalisation of $126.5M. Its beta of 0.60 implies it has historically moved less than the broad market.
The iShares Morningstar Multi-Asset Income ETF aims to replicate the financial performance of a specific index. This index is formed from a diverse combination of stock funds, bond funds, and other income-producing assets. The collective objective of these underlying investments is to provide a significant stream of ongoing income, alongside the prospect of long-term capital appreciation.
iShares Morningstar Multi-Asset Income ETF is most often compared with the following Financial Services names: