iShares Russell Mid-Cap Index Fund Institutional Shares (BRMIX)
| Fund Assets | 2.39B |
| Expense Ratio | 0.10% |
| Min. Investment | $2,000,000 |
| Turnover | 17.00% |
| Dividend (ttm) | 0.91 |
| Dividend Yield | 5.48% |
| Dividend Growth | -4.37% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Apr 15, 2026 |
| Previous Close | 16.64 |
| YTD Return | 7.95% |
| 1-Year Return | 15.85% |
| 5-Year Return | 45.05% |
| 52-Week Low | 14.70 |
| 52-Week High | 17.04 |
| 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 15.85% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.49%.
Top 10 Holdings
7.29% of assets| Name | Symbol | Weight |
|---|---|---|
| BlackRock Cash Funds Treasury SL Agency | XTSLA | 0.97% |
| Corning Incorporated | GLW | 0.83% |
| iShares Russell Midcap ETF | IWR | 0.75% |
| Vertiv Holdings Co | VRT | 0.74% |
| Howmet Aerospace Inc. | HWM | 0.72% |
| Western Digital Corporation | WDC | 0.72% |
| Sandisk Corporation | SNDK | 0.71% |
| The Bank of New York Mellon Corporation | BK | 0.64% |
| Quanta Services, Inc. | PWR | 0.63% |
| Valero Energy Corporation | VLO | 0.59% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 15, 2026 | $0.04943 | Apr 16, 2026 |
| Dec 16, 2025 | $0.73734 | Dec 17, 2025 |
| Oct 9, 2025 | $0.06354 | Oct 10, 2025 |
| Jul 17, 2025 | $0.06103 | Jul 18, 2025 |
| Apr 9, 2025 | $0.04779 | Apr 10, 2025 |
| Dec 12, 2024 | $0.78949 | Dec 13, 2024 |