iShares Large Cap Moderate Quarterly Laddered ETF (IVVM)

iShares Large Cap Moderate Quarterly Laddered ETF (IVVM) is an exchange-traded fund in the Defined Outcome category. It has $168.40M in assets, an expense ratio of 0.50% and a 0.59% dividend yield. Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of large capitalization companies or instruments with similar economic characteristics. For purposes of the fund’s 80% policy, “large capitalization companies” are those within the range of capitalizations of the underlying ETF’s index.