Symbols

REZ

iShares Residential and Multisector Real Estate ETF·ARCA

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Key Stats

Assets Under Management

799.21MUSD

Fund Flows (1Y)

-51.83MUSD

Dividend Yield

2.64%

Discount/Premium to NAV

-0.05%

Shares Outstanding

9.30M

Expense Ratio

0.48%

About iShares Residential and Multisector Real Estate ETF

Issuer

BlackRock Fund Advisors

Brand

iShares

Home Page

https://www.ishares.com/us/products/239545/REZ

Inception Date

May 1, 2007

Structure

Open-Ended Fund

Index Tracked

FTSE Nareit All Residential Capped Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

BlackRock Fund Advisors

Distributor

BlackRock Investments LLC

Unlike the ticker would indicate, REZ is a multisector real estate fund, which invests in a broad spectrum of US REIT securities. Prior to September 18, 2020, the fund focused on just residential — iShares Residential Real Estate ETF. The Underlying index includes all market-caps and is part of the FTSE Nareit US Real Estate Capped Index Series and includes both domestic real estate stocks and real estate investment trusts from the following sub-sectors: apartments, manufactured homes, health care, self-storage, and single-family homes. The index undergoes a quarterly review and applies a 22.5% cap per stock, with stocks above 5% not exceeding 45%.