XTR - iShares Diversified Monthly Income ETF

The iShares Diversified Monthly Income ETF seeks to provide a consistent monthly cash distribution, with the potential for modest long-term capital growth, by investing primarily in Canadian iShares Funds that provide exposure to a diversified portfolio of income-bearing investments. Exposure to these types of income-bearing investments may also be obtained by investing directly in them and/or through the use of derivatives. The investment strategy of XTR is to invest primarily in income-bearing Canadian iShares Funds. XTR will invest in a portfolio that is a diversified representation of income-bearing asset classes, including, but not limited to, common equities, fixed income securities and real estate investment trusts.

BlackRock Canada will develop and maintain a strategic asset allocation policy for XTR. The fund will generally rebalance to this allocation policy on a quarterly basis, but may also do so more frequently if market conditions warrant. The majority of the XTR's investment exposure will be to Canadian securities, but foreign asset classes may also be included as a result of their income properties or diversification benefits. BlackRock Canada will review, and may adjust, XTR's strategic asset allocation from time to time, as market conditions change, and as the investible universe evolves.

BlackRock announces unitholders vote in favour of the change to the investment objective of the iShares S&P/TSX Income Trust Index Fund (XTR) - Press Release.

XTR CAD

Quote

Historical Prices

 

Market Price

as of 31-Jul-2014

NAV

as of 30-Jul-2014

Close $12.26 $12.31
Change -$0.06   -0.49% -$0.02   -0.16%
52-week Range 11.72 - 12.39 11.73 - 12.39

Top Daily Holdings* as of 30-Jul-2014
View all holdings

Holding % of Fund
ISHARES DEX HYBRID BOND INDEX FUND 19.96%
ISHARES 1-5 YEAR LADDERED CORPORAT 17.16%
ISHARES U.S. HIGH YIELD BOND INDEX 17.05%
ISHARES S&P/TSX CANADIAN PREFFERED 11.30%
ISHARES S&P/TSX EQUITY INCOME INDE 10.11%
ISHARES S&P/TSX CAPPED UTILITIES I 10.03%
ISHARES S&P/TSX CAPPED REIT INDEX 9.13%
ISHARES DOW JONES CANADA SELECT DI 5.11%
Total: 99.85%
*Holdings are subject to change.

Sector Breakdown as of 30-Jul-2014
View all holdings

 

Sector

% of Fund

Sector

% of Fund

 
Utilities
12.73%
 
Communication
5.02%
 
Financial Institutions
11.31%
 
Telecommunications
4.03%
 
Real Estate Investment Trusts (Reits)
8.99%
 
Oil & Gas
3.71%
 
Financials
7.72%
 
Banks
3.24%
 
Industrial
6.98%
 
Other/Undefined
29.29%
 
Energy
6.96%  

Yield as of 30-Jul-2014
View all distributions

  % of Yield
Distribution Yield Distribution Yield

The annual yield an investor would receive if the most recent fund distribution stayed the same going forward. The yield represents a single distribution from the fund and does not represent the total return of the fund. The yield is calculated by annualizing the most recent distribution and dividing by the fund NAV from the as-of date. This figure is net of management fees and other fund expenses.

5.85%
12-Month Trailing Yield 12-Month Trailing Yield

The yield an investor would have received if they had held the fund over the last twelve months assuming the most recent NAV. The 12-month trailing yield is calculated by summing any income distributions over the past twelve months and dividing by the fund NAV from the as-of date. This figure is net of management fees and other fund expenses.

5.85%

Profile

as of 30-Jul-2014

 
Assets Under Management $731,464,375
Rebalance Frequency Quarterly
Fiscal Year End 31-Dec-2014
Units Outstanding 59,400,000
Number of Holdings 1,572
Inception Date 19-Dec-2005

Fees & Expenses

 
Total Annual Fee Total Annual Fee

The sum of the annual management fee payable by the fund to BlackRock Canada for acting as trustee and manager, plus any annual fees paid indirectly by the fund to BlackRock Canada and its affiliates resulting from investments in other iShares ETFs.

  0.55%
Management Expense Ratio (MER) Management Expense Ratio(MER)

As reported in the fund's most recent Annual Management Report of Fund Performance. MER includes all management fees and GST/HST paid by the fund for the period, including fees paid indirectly as a result of holdings of other ETFs.

  0.57%

Distribution Information as of  30-Jul-2014

 
Program Eligibility* DRIP
Eligible for Registered Plans Yes**
Distribution Frequency Monthly
Last Distribution per Share $0.06000
Distribution Yield 5.85%
Last Date Paid 31-Jul-2014
*BlackRock Canada offers these programs through the fund's transfer agent. Participation by individual brokerage can vary.
**Investors should consult their plan operator to verify whether their specific account supports investments in iShares ETFs.

Trading Information

 
Ticker XTR
Exchange Toronto Stock Exchange
CUSIP 46431F108
Listed Options N