iShares U.S. Large Cap Premium Income Active ETF
Data updated: 2026-08-26
C000244680 — iShares U.S. Large Cap Premium Income Active ETF. United States Large Cap Value Equity · $1.25B AUM. Holdings, fees, performance and SEC filings.
C000244680 Fund Overview
iShares U.S. Large Cap Premium Income Active ETF is a US ETF managed by BlackRock ETF Trust, categorised as United States Large Cap Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: BlackRock ETF Trust
- Category: United States Large Cap Value Equity
- Assets under management: $1.25B
- 1-year return: 22.1%
- SEC CIK: 0001761055
- SEC series ID: S000081702
- Share class ID: C000244680
C000244680 Investment Objective and Strategy
iShares U.S. Large Cap Premium Income Active ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by BlackRock ETF Trust.
Investment objective
The iShares U.S. Large Cap Premium Income Active ETF (the Fund) (formerly known as iShares Advantage Large Cap Income ETF) seeks consistent income with lower volatility than the broader U.S. equity market.
Principal investment strategy
Under normal circumstances, the Fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in large cap equity securities of U.S. issuers. Investments in derivatives are counted toward the Funds 80% policy to the extent that they provide investment exposure to the securities included within that policy or to one or more market risk factors associated with such securities. The Fund seeks to achieve its investment objective by employing a targeted outcome strategy that is intended to optimize, in the opinion of Fund management, premium income generation and the potential for capital appreciation. The strategy consists of the following: holding long positions in U.S. large cap equity securities, selling (writing) call options on a U.S. large cap equity index, such as the S&P 500 Index (the S&P 500 Index), and buying futures on a U.S.
large cap equity index, such as the S&P 500 Index. For purposes of the Funds 80% policy, large cap equity securities are equity securities of companies that, at the time of purchase, have a market capitalization within the range of companies included in the S&P 500 Index. As of March 31, 2026, the market capitalization range of companies included in the S&P 500 Index is $5.278 billion to $4.237 trillion. Equity securities are considered to be those of U.S. issuers where (i) the company is domiciled in the U.S., (ii) the company is listed on a U.S. stock exchange, (iii) the companys principal operations are conducted in the U.S. or the company does a substantial amount of business in the U.S. or (iv) the issuer of securities is included in the Funds primary U.S. benchmark. The equity securities in which the Fund invests include common stock, preferred stock and other financial instruments that are components of, or have characteristics similar to, securities included in a U.S.
large cap equity index, such as the S&P 500 Index. From time to time, the Fund may invest in shares of companies through initial public offerings (IPOs). The Fund may also purchase convertible securities. To generate premium income, the Fund will sell (write) call options on a U.S. large cap equity index, such as the S&P 500 Index. An options contract is an agreement between a buyer and seller that gives the purchaser of the option the right to buy (in the case of a call option) a particular asset at a specified future date at an agreed upon price (commonly known as the strike price). When the Fund writes (sells) a call option, the Fund is entitled to receive a premium. Although not perfectly correlated, such call options may have the impact of capping potential gains from the Funds long position in equity securities.
Therefore, to reduce the potential impact of this cap on the potential gains (with actual results dependent on various factors including the degree of options and futures activity over time), the Fund will buy futures on a U.S. large cap equity index. The Fund seeks to pursue its investment objective by investing in securities in a disciplined manner, by using proprietary return forecast models that incorporate quantitative analysis. These forecast models are designed to prioritize insights that demonstrate downside protection as well as identify aspects of mispricing across stocks which the Fund can seek to capture by over-and under-weighting particular equity securities while seeking to control incremental risk. BFA then constructs and rebalances the portfolio by integrating its investment insights with the model-based optimization process.
C000244680 Holdings
Top 10 holdings of iShares U.S. Large Cap Premium Income Active ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| NVIDIA Corp. | 6.81% |
| Apple, Inc. | 5.79% |
| Microsoft Corp. | 4.76% |
| Amazon.com, Inc. | 3.21% |
| Blackrock Cash Funds | 3.07% |
| Alphabet, Inc. | 3.06% |
| Alphabet, Inc. | 2.49% |
| Broadcom, Inc. | 2.39% |
| Johnson & Johnson | 2.08% |
| Micron Technology, Inc. | 1.81% |
C000244680 Portfolio Allocation
Asset-class allocation of iShares U.S. Large Cap Premium Income Active ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 96.2% |
| Cash & Equivalents | 3.1% |
C000244680 Performance
Total returns for C000244680 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 11.0% |
| 1 year | 22.1% |
| 3 years (annualised) | 20.9% |
C000244680 Risk Information
Risk metrics for C000244680, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 10.2%
C000244680 Costs and Fees
C000244680 costs about $35 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.35%
- Gross expense ratio: 0.35%
- Portfolio turnover: 112%
- Brokerage commissions: 2.57 bps of average net assets (SEC N-CEN)
C000244680 Cashflows
Over the 12 months to 2026-06, iShares U.S. Large Cap Premium Income Active ETF had net inflows of $808.68M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $55.09M |
| 2026-05 | $36.82M |
| 2026-04 | $211.42M |
| 2026-03 | $42.61M |
| 2026-02 | $80.10M |
| 2026-01 | $73.05M |
C000244680 Debt Constituents
No individual debt constituents are reported in iShares U.S. Large Cap Premium Income Active ETF's latest SEC N-PORT filing.
C000244680 Prospectus and SEC Filings
Official iShares U.S. Large Cap Premium Income Active ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-27
- Prospectus (485BPOS) — filed 2025-10-16
- Prospectus (485BPOS) — filed 2025-04-25
- Portfolio holdings (N-PORT) — filed 2026-08-26
- Portfolio holdings (N-PORT) — filed 2026-05-27
- Portfolio holdings (N-PORT) — filed 2026-02-25
- Annual census (N-CEN) — filed 2026-03-13
- Annual census (N-CEN) — filed 2025-03-14
Related Funds
Other United States Large Cap Value Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.