Equity

BRMAX

iShares Russell Mid-Cap Index Fund

How To Buy
  • NAV as of Nov 30, 2020 $12.40
    52 WK: 6.97 - 12.48
  • 1 Day NAV Change as of Nov 30, 2020 -0.08 (-0.64%)
  • NAV Total Return as of Nov 30, 2020 YTD: 11.58%
  • Morningstar Rating

Overview

Investment Approach

Seeks to track the investment results of the Russell Midcap® Index (the "Underlying Index"), which measures the performance of the mid-capitalization sector of the U.S. equity market. The Underlying Index is a float-adjusted, capitalization-weighted index of the 800 smallest issuers in the Russell 1000® Index. The Underlying Index includes equity securities issued by issuers which range in size between approximately $3 billion and $23 billion, although this range may change from time to time. The Fund generally invests at least 90% of its assets, plus the amount of any borrowing for investment purposes, in securities of the Underlying Index.
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Performance

Performance

Growth of Hypothetical $10,000

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Cum. Fund Perf. Since Inception: 45.93

Source: Lipper. Data reflects different methodology from the BlackRock calculated returns in the Returns tab. The $10,000 Hypothetical Over Time chart reflects a hypothetical $10,000 investment in the investor class of shares noted and does not assume the max sales charge. Had sales charge been included, returns would have been lower. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including 12b-1 fees, management fees and other expenses were deducted. Performance for other share classes will vary.

Distributions

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Ex-Date Payable Date Record Date Total Distribution Income ST Cap Gains LT Cap Gains Return of Capital

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Year Total Distribution Income ST Cap Gains LT Cap Gains

Past distributions are not indicative of future distributions.
Click here, for the most recent distributions.



  1y 3y 5y 10y Incept.
Total Return (%) 4.27 6.83 9.80 - 7.16
Benchmark (%) 4.55 7.13 10.13 - 7.42
Morningstar Category Avg. (%) -0.80 3.27 6.41 9.14 -
Morningstar Ranking 91/371 74/339 - - -
Morningstar Quartile 1 1 1 - -
Lipper Ranking 52/340 30/306 - - -
Lipper Quartile 1 1 - - -
  YTD 1m 3m 1y 3y 5y 10y Incept.
Total Return (%) -2.49 -1.98 7.47 4.27 21.93 59.56 - 45.07
Benchmark (%) -2.35 -1.95 7.46 4.55 22.97 62.01 - 47.01
Morningstar Category Avg. (%) -6.27 0.73 1.94 -0.80 10.13 36.40 139.75 -
  2015 2016 2017 2018 2019
Total Return (%) - 13.52 18.05 -9.20 29.98
Benchmark (%) - 13.80 18.52 -9.06 30.54
Morningstar Category Avg. (%) -4.75 14.14 15.93 -11.15 26.21
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted. The performance information for periods prior to the inception date of the share class is based on the Fund’s Institutional Shares, adjusted to reflect the fees and expenses applicable to such share class. See the fund prospectus for more details.

Key Facts

Key Facts

Size of Class (Millions) as of Nov 30, 2020 $105.0 M
Size of Fund (Millions) as of Nov 30, 2020 $1,371.4 M
Share Class launch date Nov 30, 2015
Asset Class Equity
Morningstar Category Mid-Cap Blend
Lipper Classification Mid-Cap Core Funds
Benchmark Index Russell MidCap Index
CUSIP 09258N307
Distribution Frequency Quarterly
Number of Holdings as of Oct 30, 2020 819
Max Offer Price as of Nov 30, 2020 $12.40
Open to New Investors Yes
Turnover Percent in the Annual Report 26%

Portfolio Characteristics

Portfolio Characteristics

P/E Ratio as of Oct 30, 2020 18.59
P/B Ratio as of Oct 30, 2020 2.58
Average Market Cap (Millions) as of Oct 30, 2020 $ 17,591.1 M
This information must be preceded or accompanied by a current prospectus. For standardized performance, please see the Performance section above.

Fees

Fees

as of current prospectus
Gross Expense Ratio 0.36%
Net Expense Ratio 0.35%

Net Expense Ratio excluding Investment Related Expenses is 0.35%

  • Acquired Fund Fees and Expenses 0.00%
  • Interest expense 0.00%

Ratings

Ratings

Morningstar Rating

4
Overall Morningstar Rating for iShares Russell Mid-Cap Index Fund, Class A, as of Nov 30, 2020 rated against 369 Mid-Cap Blend Funds based on risk adjusted total return.

Lipper Leader

 
 
 
 
Overall Lipper Leaders ratings based on an equal-weighted average of percentile ranks for each measure over 3-, 5-, and 10-year periods (if applicable) and do not take into account the effects of sales charges for these categories (Consistent Return, Preservation, Total Return, Expense, and Tax Efficiency) as of Oct 31, 2020 out of 302, 12,117, 302, 80 and 302 Funds, respectively in Lipper's Mid-Cap Core Funds classification.

Holdings

Holdings

as of Oct 30, 2020
Name Weight (%)
ISHARES RUSSELL MIDCAP INDEX FUND 0.61
TWILIO INC 0.48
XCEL ENERGY INC 0.47
LULULEMON ATHLETICA INC 0.46
VEEVA SYSTEMS INC 0.46
Name Weight (%)
DOCUSIGN INC 0.46
IDEXX LABORATORIES INC. 0.45
CHIPOTLE MEXICAN GRILL INC 0.42
ALIGN TECHNOLOGY INC 0.42
AMPHENOL CORPORATION 0.41

Exposure Breakdowns

Exposure Breakdowns

as of Oct 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Oct 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Oct 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Oct 30, 2020

% of Market Value

Type Fund Benchmark Net
Negative weightings may result from specific circumstances (including timing differences between trade and settle dates of securities purchased by the funds) and/or the use of certain financial instruments, including derivatives, which may be used to gain or reduce market exposure and/or risk management.

Allocations are subject to change.

Portfolio Managers

Portfolio Managers

Alan Mason
Alan Mason
Head of Americas ETF and Index Investment

   

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Alan Mason, Managing Director, is Head of Americas ETF & Index Investments. Mr. Mason's investment team is responsible for Index Equity, iShares Equity, Alternative Beta and Asset Allocation portfolios. Mr. Mason is a member of the EII ExCo, Americas ExCo and Global Human Capital Committees. He is a global sponsor for OUT, the firm's LGBT employee network.

 

Mr. Mason's service with the firm dates back to 1991, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. At BGI, Mr. Mason served as head of portfolio management and strategy for U.S. transitions, strategist for the Global Index and Markets Group, head of U.S. Asset Allocation, and most recently as head of Global Portfolio Management, Client Solutions. Mr. Mason has led three key growth efforts: developing the U.S. transition capability from a service to a business, growing the key asset allocation product for the firm's U.S. DC platform, LifePath, and building the foundation for key dimensions of the firm's rapidly growing solutions business.

 

Mr. Mason earned a BA degree in music from Baylor University in 1983, summa cum laude, an MA degree in musicology from the University of Louisville in 1989, with honors, and an MA degree in ethnomusicology from University of California Berkeley in 1991. In the same year that Mr. Mason became head of portfolio management for BGI's transitions business, he was advanced to Ph.D. candidacy in ethnomusicology at UC Berkeley, having completed all coursework for the degree and comprehensive doctoral oral examinations with distinction.

Rachel Aguirre
Rachel Aguirre
Jennifer Hsui
Jennifer Hsui
Amy Whitelaw
Amy Whitelaw
Head of Americas iShares Equity Portfolio Management

  

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Amy Whitelaw, Managing Director, is the Head of the U.S. & Canadian iShares Equity ETF Portfolio Engineering within BlackRock's Index Equity team. She is responsible for overseeing the management of the Americas listed U.S. & Canadian iShares equity funds.  She is a member of the LifePath Executive Committee and serves as a member of the U.S. & Canada Defined Contribution Operating Committee. Ms. Whitelaw also co-chairs the Women's Initiative Network on the West Coast.

 

Ms. Whitelaw's service with the firm dates back to 1999, including her years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. At BGI, she led the Defined Contribution Portfolio Management team in Client Solutions, responsible for the management of defined contribution strategies for institutional and retail investors. Previously, Ms. Whitelaw worked in the Transition Services group as both a transition manager and strategist, and was also an international equity trader on Barclays Global Investors' trading desk. Prior to BGI, she worked in the Institutional Derivatives Sales group at Goldman Sachs.

 

Ms. Whitelaw earned a BA degree in International studies and French from Dickinson College in 1993.

Suzanne Henige
Suzanne Henige
Portfolio Manager

Literature

Literature

 

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Carefully consider the Funds' investment objectives, risk factors, and charges and expenses before investing. This and other information can be found in the Funds' prospectuses or, if available, the summary prospectuses, which may be obtained by visiting the iShares ETF and BlackRock Fund prospectus pages. Read the prospectus carefully before investing. Investing involves risk, including possible loss of principal.

The Funds are distributed by BlackRock Investments, LLC (together with its affiliates, “BlackRock”).

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