iShares Russell Mid-Cap Index Fund Institutional Shares (BRMIX)
| Fund Assets | 2.06B |
| Expense Ratio | 0.09% |
| Min. Investment | $2,000,000 |
| Turnover | 26.00% |
| Dividend (ttm) | 0.95 |
| Dividend Yield | 6.08% |
| Dividend Growth | 130.64% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Apr 9, 2025 |
| Previous Close | 15.68 |
| YTD Return | 6.51% |
| 1-Year Return | 13.77% |
| 5-Year Return | 88.25% |
| 52-Week Low | 12.59 |
| 52-Week High | 16.77 |
| Beta (5Y) | n/a |
| Holdings | 813 |
| Inception Date | May 13, 2015 |
About BRMIX
The iShares Russell Mid-Cap Index Fund Institutional Shares is a mutual fund designed to closely track the performance of the Russell Midcap Index, a widely recognized benchmark representing the mid-capitalization segment of the U.S. equity market. This index consists of approximately 800 of the smallest companies within the Russell 1000 Index and covers firms generally ranging from about $3 billion to $23 billion in market capitalization. The fund employs a passively managed strategy, seeking to replicate the index by investing at least 90% of its assets in the constituent securities of the benchmark. Its portfolio spans diverse sectors including technology, industrials, financials, and consumer discretionary, offering broad exposure to U.S. mid-sized companies. Prominent holdings include companies such as Palantir Technologies, AppLovin Corp, and Arthur J. Gallagher & Co. With a competitive expense ratio, the fund appeals to institutional investors pursuing efficient, cost-effective access to U.S. mid-cap equities for diversification and potential long-term growth. Its risk and return characteristics typically fall between those of large-cap and small-cap equity funds, making it an important vehicle for capturing the unique dynamics of mid-sized American businesses.
Performance
BRMIX had a total return of 13.77% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.24%.
Top 10 Holdings
8.32% of assets| Name | Symbol | Weight |
|---|---|---|
| Palantir Technologies Inc. | PLTR | 2.28% |
| AppLovin Corporation | APP | 0.86% |
| iShares Russell Midcap ETF | IWR | 0.83% |
| Arthur J. Gallagher & Co. | AJG | 0.72% |
| MicroStrategy Incorporated | MSTR | 0.72% |
| BlackRock Cash Funds Treasury SL Agency | XTSLA | 0.64% |
| The Williams Companies, Inc. | WMB | 0.62% |
| Howmet Aerospace Inc. | HWM | 0.58% |
| E-mini S&P MidCap 400 Future June 25 | n/a | 0.54% |
| The Bank of New York Mellon Corporation | BK | 0.53% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 9, 2025 | $0.04779 | Apr 10, 2025 |
| Dec 12, 2024 | $0.78949 | Dec 13, 2024 |
| Oct 10, 2024 | $0.07347 | Oct 11, 2024 |
| Jul 18, 2024 | $0.04218 | Jul 19, 2024 |
| Apr 10, 2024 | $0.04241 | Apr 11, 2024 |
| Dec 14, 2023 | $0.28379 | Dec 15, 2023 |