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Ishares Morningstar Multi Asset Income

iShares Morningstar Multi-Asset Income ETF (IYLD) is a publicly traded exchange-traded fund (ETF) that is listed on the US stock exchange, specifically on the NYSE Arca.

IYLD seeks to track the investment results of the Morningstar Multi-Asset Income Index, which is designed to provide broad exposure to various asset classes, including dividend-paying stocks, real estate investment trusts (REITs), preferred stocks, and master limited partnerships (MLPs). The index is composed of approximately 80-120 securities that are selected and weighted based on factors such as yield, financial health, and diversification.

The IYLD ETF is managed by BlackRock, Inc., which is one of the largest asset managers in the world. The ETF has an expense ratio of 0.60%, meaning that investors will pay $60 per year for every $10,000 invested.

IYLD may be suitable for investors who are seeking a diversified income-oriented portfolio that does not require active management. However, as with any investment, investors should carefully consider the fund's investment objectives, risks, and fees before investing. It is important to note that IYLD is subject to various risks, including equity, interest rate, and credit risks, among others.