iShares Developed Real Estate Idx Instl (BIRDX)
| Fund Assets | 236.57M |
| Expense Ratio | 0.22% |
| Min. Investment | $2,000,000 |
| Turnover | 20.00% |
| Dividend (ttm) | 1.84 |
| Dividend Yield | 21.69% |
| Dividend Growth | -92.84% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | n/a |
| Previous Close | 8.54 |
| YTD Return | 8.89% |
| 1-Year Return | -0.67% |
| 5-Year Return | 25.82% |
| 52-Week Low | 7.26 |
| 52-Week High | 10.57 |
| Beta (5Y) | n/a |
| Holdings | 411 |
| Inception Date | Aug 13, 2015 |
About BIRDX
The iShares Developed Real Estate Index Fund Institutional Shares is an open-end mutual fund designed to track the performance of the FTSE EPRA/NAREIT Developed Index. This index comprises publicly traded real estate equities, including real estate investment trusts (REITs), from developed markets around the world. The fund’s primary objective is to provide broad exposure to companies engaged in the ownership, development, and management of income-producing real estate assets, such as office buildings, shopping centers, industrial properties, and residential complexes. With hundreds of holdings diversified across geographies and property types, this fund captures the real estate sector’s role as both an income generator and a source of diversification for global portfolios. Major constituents often include leading REITs and real estate firms with established track records in developed economies. Managed by BlackRock, the fund aims to closely replicate the returns of its benchmark by investing at least 90% of its assets in securities comprising the underlying index. The iShares Developed Real Estate Index Fund Institutional Shares is typically utilized by institutional investors seeking efficient access to the global real estate market within a single, cost-effective vehicle, and plays a significant role in asset allocation strategies focused on property sector exposure and income generation.
Performance
BIRDX had a total return of -0.67% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.40%.
Top 10 Holdings
32.13% of assets| Name | Symbol | Weight |
|---|---|---|
| Welltower Inc. | WELL | 5.44% |
| Prologis, Inc. | PLD | 5.27% |
| Equinix, Inc. | EQIX | 4.20% |
| Digital Realty Trust, Inc. | DLR | 3.18% |
| Simon Property Group, Inc. | SPG | 2.82% |
| Realty Income Corporation | O | 2.77% |
| Public Storage | PSA | 2.50% |
| Goodman Group | GMG | 2.41% |
| VICI Properties Inc. | VICI | 1.86% |
| Extra Space Storage Inc. | EXR | 1.68% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 17, 2025 | $0.07755 | Jul 18, 2025 |
| Apr 9, 2025 | $0.05681 | Apr 10, 2025 |
| Oct 10, 2024 | $1.70303 | Oct 11, 2024 |
| Jul 18, 2024 | $0.0879 | Jul 19, 2024 |
| Apr 10, 2024 | $0.08549 | Apr 11, 2024 |
| Dec 14, 2023 | $0.08378 | Dec 15, 2023 |