- 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) manages $2.70B in total assets. 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.
