ETF Quote Details
|NAV (month end)||NA|
Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.
This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:
See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs
ETF Expense Ratio
|Dividend (Yield)||$1.49 (6.05%)|
The Morningstar Multi-Asset High Income Index is broadly diversified and seeks to deliver high current income while maintaining long-term capital appreciation. The goal of the Index is to represent an allocation strategy to distinct asset classes of 20% equities, 60% fixed-income and 20% in an alternative income sources asset class.
The ETF seeks to replicate the Morningstar Multi-Asset High Income Index which seeks to deliver high current income while maintaining long term capital appreciation. The Index consists of a comprehensive set of iShares ETFs that collectively target equity, fixed income, and alternative income sources.