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iShares MSCI Russia ETF
Active ETF
ERUS
Payout Change
Suspended
Price as of:
$
+0.0
+0.0%
primary theme
N/A
ERUS (ETF)
iShares MSCI Russia ETF
Payout Change
Suspended
Price as of:
$
+0.0
+0.0%
primary theme
N/A
ERUS (ETF)
iShares MSCI Russia ETF
Payout Change
Suspended
Price as of:
$
+0.0
+0.0%
primary theme
N/A
Name
As of 03/02/2022Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
-99.8%
1 yr return
-99.8%
3 Yr Avg Return
-86.7%
5 Yr Avg Return
-68.4%
Net Assets
$500 K
Holdings in Top 10
98.9%
52 WEEK LOW AND HIGH
$8.1
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.65%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 25.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 03/02/2022Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
ERUS - Profile
Distributions
- YTD Total Return -99.8%
- 3 Yr Annualized Total Return -86.7%
- 5 Yr Annualized Total Return -68.4%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 5.26%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Semi-Annually
Fund Details
-
Legal NameiShares MSCI Russia ETF
-
Fund Family NameiShares
-
Inception DateNov 09, 2010
-
Shares Outstanding13750000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerGreg Savage
Fund Description
The Fund formerly sought to track the results of the MSCI Russia 25/50 Index (the “Underlying Index”). The Underlying Index was discontinued by the index provider, MSCI, Inc. (“MSCI” or the “Index Provider”) on June 1, 2022. The Fund is currently prevented by Russian law and U.S. economic sanctions from selling its portfolio securities and from repatriating the proceeds of any such sale in U.S. dollars. On June 15, 2022, the Board of Directors of the Company (the “Board”) unanimously voted to close and liquidate the Fund, contingent on receiving any necessary relief from the SEC. On August 3, 2022, the SEC
granted exemptive relief to the Fund permitting the Fund to suspend the right of redemption with respect to shares of the Fund and, if necessary, postpone the date of payment of the redemption proceeds with respect to redemption orders received but not yet paid until the Fund completes the liquidation of its portfolio and distributes all its assets to remaining Fund shareholders.
On August 17, 2022, an initial liquidation distribution was sent to shareholders. The Fund is currently operating pursuant to a plan of liquidation filed with the SEC, which provides that, pending liquidating distributions, the Fund will invest proceeds of cash dispositions of portfolio securities solely in U.S. government securities, money market funds that are registered under the Investment Company Act of 1940 (“1940 Act”) and comply with the requirements of Rule 2a-7 under the 1940 Act, cash equivalents, securities eligible for purchase by a registered money market fund meeting the requirements of Rule 2a-7 under the 1940 Act with legal maturities not in excess of 90 days and, if determined to be necessary to protect the value of a portfolio position in a rights offering or other dilutive transaction, additional securities of the affected issuer.
Furthermore, because the Fund has been delisted by NYSE Arca in connection with the liquidation of the Fund, the Fund is no longer an exchange-traded fund and we do not anticipate that there will be a trading market for your shares. Upon payment of the final liquidating distribution, it is anticipated that the Fund will be terminated.
Industry Concentration Policy. The Fund's stated industry concentration policy is that the Fund will concentrate its investments (i.e., hold 25% or more of its total assets) in a particular industry or group of industries to approximately the same extent that the Underlying Index is concentrated. For purposes of this limitation, securities of the U.S. government (including its agencies and instrumentalities) and repurchase agreements collateralized by U.S. government securities are not considered to be issued by members of any industry. However, due to the discontinuation of the Underlying Index and ongoing restrictions relating to Russian securities, the Fund will be unable to follow its industry concentration policy.
ERUS - Performance
Return Ranking - Trailing
| Period | ERUS Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -99.8% | -99.8% | 87.2% | 100.00% |
| 1 Yr | -99.8% | -99.8% | 91.9% | 100.00% |
| 3 Yr | -86.7%* | -86.7% | 28.1% | 100.00% |
| 5 Yr | -68.4%* | -68.4% | 10.8% | 100.00% |
| 10 Yr | -44.2%* | -44.2% | 12.6% | 100.00% |
* Annualized
Return Ranking - Calendar
| Period | ERUS Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | N/A | -98.9% | 105.8% | 37.04% |
| 2022 | N/A | -14.8% | 20.1% | 88.79% |
| 2021 | N/A | -7.5% | 12.6% | 2.80% |
| 2020 | N/A | -4.8% | 10.7% | 13.00% |
| 2019 | N/A | -10.8% | 3.7% | 95.45% |
Total Return Ranking - Trailing
| Period | ERUS Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -99.8% | -99.8% | 87.2% | 100.00% |
| 1 Yr | -99.8% | -99.8% | 74.2% | 100.00% |
| 3 Yr | -86.7%* | -86.7% | 21.5% | 100.00% |
| 5 Yr | -68.4%* | -68.4% | 16.2% | 100.00% |
| 10 Yr | -44.2%* | -44.2% | 15.3% | 100.00% |
* Annualized
Total Return Ranking - Calendar
| Period | ERUS Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | N/A | -98.9% | 105.8% | 36.11% |
| 2022 | N/A | -14.8% | 20.1% | 86.92% |
| 2021 | N/A | -7.5% | 12.6% | 2.80% |
| 2020 | N/A | -4.8% | 10.7% | 13.00% |
| 2019 | N/A | -10.8% | 3.7% | 95.45% |
ERUS - Holdings
Concentration Analysis
| ERUS | Category Low | Category High | ERUS % Rank | |
|---|---|---|---|---|
| Net Assets | 500 K | 4.69 K | 6.04 B | 99.04% |
| Number of Holdings | 31 | 13 | 873 | 85.58% |
| Net Assets in Top 10 | 996 K | 996 K | 3.17 B | 100.00% |
| Weighting of Top 10 | 98.88% | 10.1% | 100.0% | 3.85% |
Top 10 Holdings
- BlackRock Cash Funds: Treasury, SL Agency Shares 90.79%
- Inter RAO UES PJSC 3.76%
- Gazprom PJSC 0.68%
- Surgutneftegas PJSC 0.60%
- Surgutneftegas PJSC 0.60%
- Sberbank of Russia PJSC 0.52%
- VTB Bank PJSC 0.23%
- Alrosa PJSC 0.21%
- United Co RUSAL International PJSC 0.16%
- Moscow Exchange MICEX-RTS PJSC 0.13%
Asset Allocation
| Weighting | Return Low | Return High | ERUS % Rank | |
|---|---|---|---|---|
| Cash | 93.88% | -2.00% | 100.00% | 3.85% |
| Stocks | 5.77% | 0.00% | 102.00% | 97.12% |
| Preferred Stocks | 0.34% | 0.00% | 1.75% | 2.88% |
| Other | 0.00% | -7.90% | 31.19% | 15.38% |
| Convertible Bonds | 0.00% | 0.00% | 0.30% | 7.69% |
| Bonds | 0.00% | 0.00% | 3.75% | 4.81% |
ERUS - Expenses
Operational Fees
| ERUS Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.65% | 0.09% | 4.32% | 42.16% |
| Management Fee | 0.57% | 0.00% | 1.35% | 52.88% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.08% | 0.15% | N/A |
Sales Fees
| ERUS Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
| ERUS Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 2.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| ERUS Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 25.00% | 4.00% | 217.50% | 67.03% |
ERUS - Distributions
Dividend Yield Analysis
| ERUS | Category Low | Category High | ERUS % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 14.85% | 75.00% |
Dividend Distribution Analysis
| ERUS | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Semi-Annually | Annually | Semi-Annually | Annually |
Net Income Ratio Analysis
| ERUS | Category Low | Category High | ERUS % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 5.26% | -4.11% | 6.59% | 2.88% |
Capital Gain Distribution Analysis
| ERUS | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Jan 05, 2022 | $0.062 | OrdinaryDividend |
| Dec 17, 2021 | $1.638 | OrdinaryDividend |
| Jun 16, 2021 | $0.576 | OrdinaryDividend |
| Dec 18, 2020 | $1.291 | OrdinaryDividend |
| Jun 19, 2020 | $0.329 | OrdinaryDividend |
| Dec 20, 2019 | $2.495 | OrdinaryDividend |
| Jun 21, 2019 | $0.645 | OrdinaryDividend |
| Dec 24, 2018 | $1.382 | OrdinaryDividend |
| Jun 25, 2018 | $0.061 | OrdinaryDividend |
| Dec 26, 2017 | $1.028 | OrdinaryDividend |
| Jun 26, 2017 | $0.219 | OrdinaryDividend |
| Dec 28, 2016 | $0.780 | OrdinaryDividend |
| Jun 28, 2016 | $0.070 | OrdinaryDividend |
| Dec 28, 2015 | $0.754 | OrdinaryDividend |
| Jul 01, 2015 | $0.111 | OrdinaryDividend |
| Dec 24, 2014 | $1.207 | OrdinaryDividend |
| Jul 02, 2014 | $0.150 | OrdinaryDividend |
| Dec 30, 2013 | $0.102 | OrdinaryDividend |
| Jul 05, 2013 | $1.074 | OrdinaryDividend |
| Dec 27, 2012 | $0.089 | OrdinaryDividend |
| Jun 28, 2012 | $0.970 | OrdinaryDividend |
| Jun 28, 2011 | $0.691 | OrdinaryDividend |
ERUS - Fund Manager Analysis
Managers
Greg Savage
Start Date
Tenure
Tenure Rank
Nov 09, 2010
11.56
11.6%
Greg Savage, Managing Director; has been associated with BlackRock Fund Advisors since 2009. Mr. Savage has been a senior portfolio manager for BFA and BTC since 2009. Prior to his employment with BFA and BTC, Mr. Savage was a senior portfolio manager from 2006 to 2009 for BGFA and BGI and a portfolio manager from 2001 to 2006 for BGFA and BGI.
Jennifer Hsui
Start Date
Tenure
Tenure Rank
Dec 31, 2012
9.42
9.4%
Jennifer Hsui, Managing Director & Portfolio Manager at BlackRock Investment Management LLC has been employed by BlackRock Fund Advisors as a senior portfolio manager since 2007. Prior to that, Ms. Hsui was a portfolio manager from 2006 to 2007 for BGFA. She was a research analyst for RBC Capital Markets from 2003 to 2006.
Amy Whitelaw
Start Date
Tenure
Tenure Rank
Dec 28, 2018
3.42
3.4%
Amy Whitelaw is Managing Director of BlackRock, Inc. since 2013 and was Director of the firm from 2009 to 2012. Ms. Whitelaw's service with the firm dates back to 1998, including her years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. Ms. Whitelaw served as Principal of BGI from 2000 to 2009. Previously Ms. Whitelaw worked in the Transition Services group as a transition manager and strategist, and was also an international equity trader on BGI’s trading desk.
Paul Whitehead
Start Date
Tenure
Tenure Rank
Jan 01, 2022
0.41
0.4%
Paul Whitehead is responsible for supporting the day-to-day management of the MML Blend Fund’s portfolio, including setting the Fund’s overall investment strategy and overseeing the management of the Fund. Mr. Whitehead is a Managing Director of BlackRock, Inc., Co-Head of Index Equity, and Co-Head of BlackRock’s ETF and Index Investments business. Mr. Whitehead also oversees the management of BlackRock’s Institutional and iShares funds. Mr. Whitehead was previously the Global Head of Equity Trading and the Global Head of Transition Management within BlackRock’s Global Trading Group. Mr. Whitehead’s service with the firm dates back to 1996, including his years with Barclays Global Investors, which merged with BlackRock in 2009. Prior to his current role, Mr. Whitehead was Head of Americas Equity Trading. Previously, he managed the trading team responsible for all Institutional Index funds, Exchange Traded funds, and Transition Management mandates. Mr. Whitehead represents BlackRock on the board of Luminex, a buy-side owned Alternative Trading System launched in 2015.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.25 | 31.8 | 8.03 | 10.64 |
