BlackRock Files to Add ETF Share Classes to Five Active Funds
BlackRock has filed to add ETF share classes to five active mutual funds with nearly $55 billion in combined assets. The proposed classes cover its High Yield…
BlackRock plans to close and liquidate the iShares High Yield Active ETF following approval from the BlackRock ETF Trust II board. The fund will stop accepting creation and redemption orders after market close on or about August 11, 2027, with Nasdaq trading expected to halt before the market opens on August 12. Liquidation proceeds are scheduled to be distributed to shareholders around August 16, 2027. Investors may sell shares on Nasdaq until the August 11 market close, while shareholders remaining in the fund through liquidation will have their shares automatically redeemed for cash based on the fund’s net asset value. Ahead of closure, the ETF may deviate from its stated investment objective and strategy as the portfolio is prepared for liquidation.
Source: SEC Filings
BlackRock has filed to add ETF share classes to five active mutual funds with nearly $55 billion in combined assets. The proposed classes cover its High Yield…
BlackRock has partnered with Ondo Finance to launch three tokenized portfolios for non-U.S. investors: Ondo High Income (BLKHIon), Diversified Growth…
Exchange Traded Concepts Trust has approved the termination and liquidation of the MUSQ Global Music Industry Index ETF (MUSQ), expected on or about October…
BlackRock will remove 49 ETF trading lines from SIX Swiss Exchange, transferring 14 to retail-focused BX Swiss on 15 December. It will also delist 14 trading…
More from United States