Symbols

EWP

iShares MSCI Spain ETF·NYSE

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Key Stats

Assets Under Management

1.88BUSD

Fund Flows (1Y)

395.42MUSD

Dividend Yield

2.17%

Discount/Premium to NAV

-0.23%

Shares Outstanding

33.38M

Expense Ratio

0.50%

About iShares MSCI Spain ETF

Issuer

BlackRock Fund Advisors

Brand

iShares

Home Page

https://www.ishares.com/us/products/239683/ishares-msci-spain-capped-etf

Inception Date

Mar 12, 1996

Structure

Open-Ended Fund

Index Tracked

MSCI Spain 25/50 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

EWP is the first ETF that offers plain-vanilla exposure to the Spanish equity market. The concentrated fund is consists of large- and midcap companies, selected and weighted by market cap which resulted in a top-heavy portfolio. The underlying index aims to meet the Regulated Investment Company (RIC) requirements by utilizing a capping methodology so that no individual constituent exceeds 25% of index weight and the aggregate weight of constituents with over 5% weight in the index are capped at 50% weight of the portfolio. Overall, EWP effectively delivers representative, accessible exposure to the Spanish equity market. The index rebalancing occurs on a quarterly basis.