iShares Russell Mid-Cap Index Inv A

Frequently Asked Questions About BRMAX

What does BRMAX invest in?

This fund typically allocates a minimum of 90% of its total assets, including any capital acquired through borrowing for investment, to the securities that make up its reference index. This benchmark index is a float-adjusted, market capitalization-weighted measure, composed of equity shares from approximately 800 of the smallest companies found within the Russell 1000® Index.

What is the expense ratio of BRMAX?

iShares Russell Mid-Cap Index Inv A (BRMAX) charges an expense ratio of 0.36%. This is the annual fee deducted from fund assets to cover management and operations.

How big is BRMAX?

iShares Russell Mid-Cap Index Inv A (BRMAX) is one share class of a fund that manages $2.62B across all of its share classes (BRMKX reports the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is BRMAX actively managed or an index fund?

BRMAX is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (BRMAX's is 0.36%) because there's no security selection cost.

When was BRMAX launched?

iShares Russell Mid-Cap Index Inv A (BRMAX) launched in November 2015 and is managed by BlackRock.

How has BRMAX performed?

BRMAX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.