Symbols

QUAL

iShares MSCI USA Quality Factor ETF·CBOE

--(--)

Key Stats

Assets Under Management

46.52BUSD

Fund Flow (1Y)

-7.97BUSD

Dividend Yield

0.98%

Discount / Premium to NAV

-0.02%

Shares Outstanding

243.10M

Expense Ratio

0.15%

About iShares MSCI USA Quality Factor ETF

Issuer

BlackRock Fund Advisors

Brand

iShares

Home Page

https://www.ishares.com/us/products/256101/ishares-msci-usa-quality-factor-etf

Inception Date

Jul 16, 2013

Structure

Open-Ended Fund

Index Tracked

MSCI USA Sector Neutral Quality Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

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

Seeking to capture higher quality stocks within GICS sectors, QUAL make its selections from the large- and mid-cap MSCI universe by considering "quality" factors: high ROE, low debt/equity, and stable earnings growth. The fund changed its exposure following a September 1, 2015 index change, foregoing some of its earlier sector biases in favor of an underlying index with sector weighting that looks more like our benchmark, while applying quality factors to the stocks within those sectors. The new portfolio is expected to take less active risk (compared with the old index) relative to pure cap-weighted exposure. Historically QUAL has tracked its index well. QUAL has had strong institutional interest.