iShares Russell Small/Mid-Cap Idx Inv A

Frequently Asked Questions About BSMAX

What does BSMAX invest in?

The fund's primary objective is to mirror the investment returns of the Russell 2500™ Index. This index specifically tracks the performance of U.S. companies with small to medium market capitalizations, a category frequently referred to as "smid-cap" within the American equity landscape. Notably, the Russell 2500™ Index is derived from the larger Russell 3000® Index. To achieve its goal, the fund typically allocates at least 90% of its total assets—including any funds obtained through borrowing for investment purposes—to securities that comprise its benchmark index.

What is the expense ratio of BSMAX?

iShares Russell Small/Mid-Cap Idx Inv A (BSMAX) charges an expense ratio of 0.37%. This is the annual fee deducted from fund assets to cover management and operations.

How big is BSMAX?

iShares Russell Small/Mid-Cap Idx Inv A (BSMAX) manages $1.36B 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 BSMAX actively managed or an index fund?

BSMAX 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 (BSMAX's is 0.37%) because there's no security selection cost.

When was BSMAX launched?

iShares Russell Small/Mid-Cap Idx Inv A (BSMAX) launched in August 2015 and is managed by BlackRock.

How has BSMAX performed?

BSMAX'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.