# iShares Total Return Active ETF (BRTR): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/brtr for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: IShares · Asset class: Fixed Income - Strategy: Actively Managed · Inception: 2023-12-12 BRTR aims to outperform the Bloomberg U.S. Aggregate Bond Index by investing more than 90% of its assets in government and corporate fixed income securities of any duration or maturity. While it sets caps of 30% for non-US and 20% emerging market securities, the fund sets no limit to USD-denominated issuers from developed markets. The fund mainly invests in investment grade securities, but limits junk bonds to 20%. It may also invest up to 15% in CDOs, of which 10% may be CLOs. Additionally, the fund may invest in commodities indirectly through derivatives and other vehicles, such as ETFs.... ## Key Facts | Metric | Value | |---|---| | Price | $48.43 | | Expense Ratio | 0.41% | | Assets Under Management | $823.8M | | NAV | $48.31 | | Holdings Count | 2764 | | Distribution Yield (TTM) | 4.82% | | Annual Distribution (TTM) | $2.34 /share | | Distribution Frequency | Monthly | | 52-Week Range | $47.52 – $51.69 | | Beta | 0.18 | ## Latest Distribution - Amount: $0.1905 /share - Ex-date: 2026-10-01 - Pay date: 2026-10-06 ## Frequently Asked Questions ### What does BRTR invest in? BRTR aims to outperform the Bloomberg U.S. Aggregate Bond Index by investing more than 90% of its assets in government and corporate fixed income securities of any duration or maturity. While it sets caps of 30% for non-US and 20% emerging market securities, the fund sets no limit to USD-denominated issuers from developed markets. The fund mainly invests in investment grade securities, but limits junk bonds to 20%. It may also invest up to 15% in CDOs, of which 10% may be CLOs. Additionally, the fund may invest in commodities indirectly through derivatives and other vehicles, such as ETFs. Up to 25% of assets may be invested in a wholly owned Cayman Islands subsidiary that primarily invests in commodity-related instruments. As an actively managed ETF, the fund manager has full discretion to make any investment decision at any time. Prior to Oct. 10, 2024, the fund used Blackrock for branding purposes. ### What is the expense ratio of BRTR? iShares Total Return Active ETF (BRTR) charges an expense ratio of 0.41%. This is the annual fee deducted from fund assets to cover management and operations. ### What is BRTR's dividend yield? BRTR's trailing-twelve-month yield is 4.82%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of BRTR? Effective duration measures BRTR's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. BRTR's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of BRTR? BRTR's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of BRTR? Yield to maturity (YTM) is the total return you'd earn from BRTR if every bond in the portfolio is held to maturity at the current price. BRTR's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### Does BRTR pay a dividend? Yes, iShares Total Return Active ETF (BRTR) distributes dividends to shareholders. The trailing-twelve-month yield is 4.82%. Full dividend history is on this page. ### How often does BRTR pay dividends? iShares Total Return Active ETF pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is BRTR's next ex-dividend date? The most recently announced ex-dividend date for BRTR was 2026-10-01. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will BRTR's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.41% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does BRTR charge its expense ratio? The expense ratio is deducted in tiny daily slices from BRTR's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does BRTR cost more than a fund like VOO? BRTR is actively managed (current expense ratio 0.41%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether BRTR's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to BRTR? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as BRTR (0.41%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/brtr - Distribution history: https://www.dividenddata.com/funds/brtr/dividend - Holdings & diversification: https://www.dividenddata.com/funds/brtr/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/brtr/expenses - Peer comparison: https://www.dividenddata.com/funds/brtr/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.