iShares Morningstar Multi-Asset Income ETF (IYLD)

iShares Morningstar Multi-Asset Income ETF (IYLD) is an exchange-traded fund in the Global Moderately Conservative Allocation category. It has $124.84M in assets, an expense ratio of 0.50% and a 4.75% dividend yield. The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The index is broadly diversified and seeks to deliver high current income while maintaining long-term capital appreciation. The fund is a fund-of-funds and invests primarily in the securities of the underlying funds that themselves seek investment r…