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Fund Updates

iShares Renames IWMW and Revamps Russell 2000 Income Strategy

BlackRock will rename the iShares Russell 2000 BuyWrite ETF (IWMW) to the iShares IWM Premium Income+ ETF and update its covered call strategy around Sept. 17, 2026. The ETF will track a new Cboe buy-write index that holds the iShares Russell 2000 ETF (IWM) while selling four staggered weekly FLEX call option tranches on the Russell 2000 Index, with a greater emphasis on generating option premium income. The fund will continue making monthly distributions, which may include return of capital, and will also change its fiscal year-end to Dec. 31.

At a glance
Beat
Fund Updates
Issuer
iShares
Region
United States
Filed
16 July 2026

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