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iShares MSCI Peru and Global Exposure ETF
ETF
EPU
Payout Change
Pending
Price as of:
$43.35
-0.23
-0.53%
primary theme
Small Regions Equity
EPU (ETF)
iShares MSCI Peru and Global Exposure ETF
Payout Change
Pending
Price as of:
$43.35
-0.23
-0.53%
primary theme
Small Regions Equity
EPU (ETF)
iShares MSCI Peru and Global Exposure ETF
Payout Change
Pending
Price as of:
$43.35
-0.23
-0.53%
primary theme
Small Regions Equity
Name
As of 11/01/2024Price
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
29.2%
1 yr return
54.2%
3 Yr Avg Return
19.0%
5 Yr Avg Return
7.7%
Net Assets
$109 M
Holdings in Top 10
72.0%
52 WEEK LOW AND HIGH
$43.6
$28.93
$45.00
Expenses
OPERATING FEES
Expense Ratio 0.59%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 33.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 11/01/2024Price
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
EPU - Profile
Distributions
- YTD Total Return 29.2%
- 3 Yr Annualized Total Return 19.0%
- 5 Yr Annualized Total Return 7.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.42%
- Dividend Yield 4.6%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameiShares MSCI Peru and Global Exposure ETF
-
Fund Family NameBlackRock-advised Funds
-
Inception DateJun 19, 2009
-
Shares Outstanding4550000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerGreg Savage
Fund Description
The Fund seeks to track the investment results of the MSCI All Peru Capped Index (the “Underlying Index”), which is a free float-adjusted market capitalization-weighted index composed of securities within the “Broad Peru Equity Universe,” as defined by MSCI, Inc. (the “Index Provider” or “MSCI”), subject to certain eligibility (e.g., liquidity) and investability criteria as defined by MSCI. The Underlying Index targets a minimum of 25 securities and 20 issuers.
The Underlying Index consists of equity securities of (i) companies that are classified in Peru according to the MSCI Global Investable Market Indexes Methodology and (ii) companies that are not classified in Peru but are either headquartered or listed in Peru and have a significant linkage to Peru, as determined by MSCI based on the company’s shareholder base, revenues, assets, management, employee base, history and country of incorporation. If the criteria outlined in (i) and (ii) do not result in the target number of securities and issuers, the Underlying Index will
also include securities of companies with economic exposure of greater than 10% to Peru, as determined by MSCI based on the geographic distribution of a company’s revenues. The Broad Peru Equity Universe may include companies that are organized or listed, or that have significant operations, in developed countries, including the U.S.
Securities are included in the Underlying Index at their free float-adjusted market capitalization weight, except for securities that are included only on the basis of economic exposure to the country. The maximum weight for such constituents is generally limited to 1% each, although higher weights may result due to the group capping methodology described below.
The Underlying Index uses a capping methodology that limits the weight of any single “group entity” (constituents that MSCI determines have a control relationship) to a maximum of 25% of the Underlying Index weight, and the sum of all group entities with a weight above 5% to an aggregate of 50% of the Underlying Index weight. A group entity is a group of companies that operate as an affiliated corporate group but may separately issue listed securities. To determine “group entities,” MSCI analyzes financial accounts of listed companies holding stakes of 20% or more in other listed companies to determine whether these stakes are controlling in nature. In certain cases, even in the absence of consolidated accounts, MSCI may also consider two companies as belonging to the same group entity where there is reasonable evidence of control based on other information. All group entities are reviewed on an annual basis.
At each quarterly rebalance, the weight of any single group entity is capped at 22.5%, and all group entities with a weight greater than 4.5% are capped such that, in the aggregate, these group entities do not have a weight greater than 45% of the Underlying Index.
The Underlying Index is reviewed annually, during which the Broad Peru Equity Universe is updated by identifying all eligible securities according to the criteria discussed above. Securities that are included in the Underlying Index on the basis of being headquartered or listed in Peru and having a significant linkage to Peru are generally maintained unless the company is no longer headquartered or listed in Peru, or there has been a significant change in its geographic profile over time.
The Underlying Index includes large-, mid- and small-capitalization companies and may change over time. As of August 31, 2023, a significant portion of the Underlying Index is represented by securities of companies in the financials and materials industries or sectors. The components of the Underlying Index are likely to change over time.
BFA uses an indexing approach to try to achieve the Fund’s investment objective. Unlike many investment companies, the Fund does not try to “beat” the index it tracks and does not seek temporary defensive positions when markets decline or appear overvalued.
Indexing may eliminate the chance that the Fund will substantially outperform the Underlying Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax
performance by aiming to keep portfolio turnover low in comparison to actively managed investment companies.
BFA uses a representative sampling indexing strategy to manage the Fund. “Representative sampling” is an indexing strategy that involves investing in a representative sample of securities that collectively has an investment profile similar to that of an applicable underlying index. The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of an applicable underlying index. The Fund may or may not hold all of the securities in the Underlying Index.
The Fund generally will invest at least 80% of its assets in the component securities of its Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of its Underlying Index (i.e., depositary receipts representing securities of the Underlying Index) and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Fund track the Underlying Index. Cash and cash equivalent investments associated with a derivative position will be treated as part of that position for the purposes of calculating the percentage of investments included in the Underlying Index. The Fund seeks to track the
investment results of the Underlying Index before fees and expenses of the Fund.
The Underlying Index is sponsored by MSCI Inc. (the “Index Provider” or “MSCI”), which is independent of the Fund and BFA. The Index Provider determines the composition and relative weightings of the securities in the Underlying Index and publishes information regarding the market value of the Underlying Index.
Industry Concentration Policy. 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.
EPU - Performance
Return Ranking - Trailing
| Period | EPU Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 29.2% | -35.3% | 29.2% | 1.23% |
| 1 Yr | 54.2% | -11.2% | 55.8% | 2.47% |
| 3 Yr | 19.0%* | -34.3% | 19.5% | 2.47% |
| 5 Yr | 7.7%* | -18.8% | 14.8% | 32.05% |
| 10 Yr | 5.7%* | -8.7% | 11.0% | 26.98% |
* Annualized
Return Ranking - Calendar
| Period | EPU Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 19.9% | -15.1% | 61.2% | 23.46% |
| 2022 | -3.2% | -84.3% | 99.1% | 12.35% |
| 2021 | -14.6% | -29.9% | 283.0% | 96.20% |
| 2020 | -6.4% | -50.2% | 41.8% | 73.08% |
| 2019 | 4.4% | -19.5% | 46.8% | 84.62% |
Total Return Ranking - Trailing
| Period | EPU Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 29.2% | -35.3% | 29.2% | 1.23% |
| 1 Yr | 54.2% | -11.2% | 55.8% | 2.47% |
| 3 Yr | 19.0%* | -34.3% | 19.5% | 2.47% |
| 5 Yr | 7.7%* | -18.8% | 14.8% | 32.05% |
| 10 Yr | 5.7%* | -8.7% | 11.0% | 26.98% |
* Annualized
Total Return Ranking - Calendar
| Period | EPU Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 25.3% | -12.6% | 64.7% | 17.28% |
| 2022 | 2.1% | -83.7% | 105.8% | 8.64% |
| 2021 | -11.8% | -27.5% | 283.0% | 96.20% |
| 2020 | -4.3% | -50.2% | 43.0% | 75.64% |
| 2019 | 7.3% | -17.8% | 50.2% | 88.46% |
EPU - Holdings
Concentration Analysis
| EPU | Category Low | Category High | EPU % Rank | |
|---|---|---|---|---|
| Net Assets | 109 M | 2.92 M | 7.08 B | 54.32% |
| Number of Holdings | 27 | 13 | 873 | 90.12% |
| Net Assets in Top 10 | 57.4 M | 1.66 M | 2.8 B | 56.79% |
| Weighting of Top 10 | 72.03% | 10.1% | 94.8% | 9.88% |
Top 10 Holdings
- Credicorp Ltd 25.86%
- Southern Copper Corp 19.55%
- Hochschild Mining PLC 4.40%
- Alicorp SAA 3.83%
- Sociedad Minera Cerro Verde SAA 3.77%
- Cia de Minas Buenaventura SAA 3.24%
- Falabella SA 2.98%
- Wheaton Precious Metals Corp 2.85%
- Pan American Silver Corp 2.82%
- Triple Flag Precious Metals Corp 2.72%
Asset Allocation
| Weighting | Return Low | Return High | EPU % Rank | |
|---|---|---|---|---|
| Stocks | 99.80% | 49.47% | 100.17% | 19.75% |
| Cash | 0.19% | 0.00% | 19.34% | 86.42% |
| Other | 0.01% | -7.90% | 31.19% | 24.69% |
| Preferred Stocks | 0.00% | 0.00% | 26.41% | 35.80% |
| Convertible Bonds | 0.00% | 0.00% | 0.30% | 22.22% |
| Bonds | 0.00% | 0.00% | 2.39% | 24.69% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | EPU % Rank | |
|---|---|---|---|---|
| Basic Materials | 50.50% | 0.00% | 50.50% | 1.25% |
| Financial Services | 26.47% | 0.00% | 64.45% | 47.50% |
| Consumer Defense | 5.30% | 0.00% | 28.14% | 52.50% |
| Industrials | 5.26% | 0.00% | 39.81% | 82.50% |
| Consumer Cyclical | 4.26% | 0.00% | 24.14% | 77.50% |
| Energy | 3.47% | 0.00% | 40.11% | 51.25% |
| Utilities | 2.71% | 0.00% | 29.58% | 43.75% |
| Real Estate | 2.03% | 0.00% | 30.80% | 53.75% |
| Technology | 0.00% | 0.00% | 39.90% | 82.50% |
| Healthcare | 0.00% | 0.00% | 37.68% | 86.25% |
| Communication Services | 0.00% | 0.00% | 23.24% | 95.00% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | EPU % Rank | |
|---|---|---|---|---|
| US | 59.54% | 0.00% | 67.45% | 2.47% |
| Non US | 40.26% | 0.00% | 100.17% | 97.53% |
EPU - Expenses
Operational Fees
| EPU Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.59% | 0.01% | 4.41% | 42.50% |
| Management Fee | 0.59% | 0.00% | 1.10% | 49.38% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.08% | 0.15% | N/A |
Sales Fees
| EPU 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
| EPU 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.
| EPU Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 33.00% | 4.00% | 217.50% | 77.78% |
EPU - Distributions
Dividend Yield Analysis
| EPU | Category Low | Category High | EPU % Rank | |
|---|---|---|---|---|
| Dividend Yield | 4.56% | 0.00% | 6.29% | 24.69% |
Dividend Distribution Analysis
| EPU | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | SemiAnnual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| EPU | Category Low | Category High | EPU % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.42% | -4.11% | 4.93% | 24.69% |
Capital Gain Distribution Analysis
| EPU | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Jun 11, 2024 | $0.993 | OrdinaryDividend |
| Dec 20, 2023 | $0.709 | OrdinaryDividend |
| Jun 07, 2023 | $0.723 | OrdinaryDividend |
| Dec 13, 2022 | $0.507 | OrdinaryDividend |
| Jun 09, 2022 | $1.088 | OrdinaryDividend |
| Dec 13, 2021 | $0.666 | OrdinaryDividend |
| Jun 10, 2021 | $0.260 | OrdinaryDividend |
| Dec 14, 2020 | $0.183 | OrdinaryDividend |
| Jun 15, 2020 | $0.480 | OrdinaryDividend |
| Dec 16, 2019 | $0.325 | OrdinaryDividend |
| Jun 17, 2019 | $0.666 | OrdinaryDividend |
| Dec 18, 2018 | $0.158 | OrdinaryDividend |
| Jun 19, 2018 | $0.385 | OrdinaryDividend |
| Dec 19, 2017 | $0.746 | OrdinaryDividend |
| Jun 20, 2017 | $0.605 | OrdinaryDividend |
| Dec 21, 2016 | $0.091 | OrdinaryDividend |
| Jun 22, 2016 | $0.188 | OrdinaryDividend |
| Dec 28, 2015 | $0.130 | OrdinaryDividend |
| Dec 02, 2015 | $0.014 | OrdinaryDividend |
| Nov 03, 2015 | $0.028 | OrdinaryDividend |
| Jun 02, 2015 | $0.213 | OrdinaryDividend |
| Dec 26, 2014 | $0.106 | OrdinaryDividend |
| Dec 02, 2014 | $0.044 | OrdinaryDividend |
| Sep 03, 2014 | $0.028 | OrdinaryDividend |
| Jul 02, 2014 | $0.020 | OrdinaryDividend |
| Jun 03, 2014 | $0.280 | OrdinaryDividend |
| May 02, 2014 | $0.053 | OrdinaryDividend |
| Dec 27, 2013 | $0.094 | OrdinaryDividend |
| Dec 03, 2013 | $0.019 | OrdinaryDividend |
| Sep 04, 2013 | $0.018 | OrdinaryDividend |
| Jul 02, 2013 | $0.017 | OrdinaryDividend |
| Jun 04, 2013 | $0.424 | OrdinaryDividend |
| May 02, 2013 | $0.006 | OrdinaryDividend |
| Dec 27, 2012 | $0.134 | OrdinaryDividend |
| Dec 04, 2012 | $0.565 | OrdinaryDividend |
| Nov 02, 2012 | $0.098 | OrdinaryDividend |
| Oct 02, 2012 | $0.023 | OrdinaryDividend |
| Sep 05, 2012 | $0.028 | OrdinaryDividend |
| Jul 03, 2012 | $0.054 | OrdinaryDividend |
| Jun 04, 2012 | $0.576 | OrdinaryDividend |
| May 02, 2012 | $0.146 | OrdinaryDividend |
| Dec 28, 2011 | $0.136 | OrdinaryDividend |
| Dec 02, 2011 | $0.098 | OrdinaryDividend |
| Nov 02, 2011 | $0.024 | OrdinaryDividend |
| Oct 04, 2011 | $0.014 | OrdinaryDividend |
| Sep 02, 2011 | $0.088 | OrdinaryDividend |
| Jul 05, 2011 | $0.015 | OrdinaryDividend |
| Jun 02, 2011 | $0.339 | OrdinaryDividend |
| May 03, 2011 | $0.283 | OrdinaryDividend |
| Apr 04, 2011 | $0.030 | OrdinaryDividend |
| Mar 02, 2011 | $0.058 | OrdinaryDividend |
| Dec 29, 2010 | $0.085 | ExtraDividend |
| Dec 02, 2010 | $0.072 | OrdinaryDividend |
| Sep 02, 2010 | $0.057 | OrdinaryDividend |
| Aug 03, 2010 | $0.032 | OrdinaryDividend |
| Jul 02, 2010 | $0.065 | OrdinaryDividend |
| Jun 02, 2010 | $0.254 | OrdinaryDividend |
| May 04, 2010 | $0.230 | OrdinaryDividend |
| Apr 05, 2010 | $0.056 | OrdinaryDividend |
| Dec 29, 2009 | $0.083 | OrdinaryDividend |
| Dec 02, 2009 | $0.048 | OrdinaryDividend |
EPU - Fund Manager Analysis
Managers
Greg Savage
Start Date
Tenure
Tenure Rank
Jun 19, 2009
12.96
13.0%
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 | 8.72 | 10.64 |
