iShares Nasdaq Premium Income Active ETF (BALQ)

iShares Nasdaq Premium Income Active ETF (BALQ) is an exchange-traded fund in the Derivative Income category. It has $15.65M in assets and an expense ratio of 0.35%. The fund seeks to achieve its investment objective by employing a targeted outcome strategy that is intended to optimize, in the opinion of Fund management, premium income generation and the potential for capital appreciation. The fund invests at least 80% of its net assets in equity securities listed on the Nasdaq Stock Market. Investments in derivatives are counted toward the fund’s 80% policy to the extent that they provide investment exposure to the securities included within that policy or…