iShares Nasdaq Premium Income Active ETF
BALQ
NASDAQ Global Market- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Robert John Fisher
- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 400 Howard Street San Francisco CA United States of America 94105
- IPO Date
- Dec 4, 2025
- CIK
- 0001761055
- Website
- truthsocial.com
- Similar Companies
- Business
- iShares Nasdaq Premium Income Active ETF (BALQ) is an actively managed exchange-traded fund that seeks to provide current income with consideration for capital appreciation by investing primarily in equity securities listed on the Nasdaq Stock Market and employing an options overlay strategy. The fund generates income from two principal sources, long positions in equity securities of innovation leaders within the Nasdaq 100 Index and option premiums derived from selling call options on the Nasdaq 100; it adopts a dynamic approach to actively manage stock exposures and options writing to balance income generation, upside participation during market rallies, and adaptation to evolving market conditions. BALQ maintains a net expense ratio of 0.35%, with a management fee of 0.35% and no acquired fund fees or other expenses, and does not pursue a sustainable, impact, or ESG investment strategy. Launched on December 2, 2025, by BlackRock ETF Trust under the iShares brand and sponsored by BlackRock Fund Advisors, BALQ began trading on Nasdaq on December 3, 2025, with initial assets under management around $11 million. This recent launch represents BlackRock's strategic expansion of its outcome-oriented ETF suite, building on the momentum of the complementary iShares U.S. Large Cap Premium Income Active ETF (BALI) to strengthen its premium income offerings amid projected growth in U.S. outcome ETF assets to $650 billion by 2030. The fund is managed by BlackRock's systematic investment team, leveraging the firm's extensive data-driven platform and decades of experience in active ETF strategies. BlackRock ETF Trust, the issuer, operates as part of BlackRock, Inc., the world's largest asset manager with over $5 trillion in global ETF assets; iShares ETFs like BALQ target institutional and individual investors seeking income-focused solutions with equity growth potential. The fund is domiciled in the United States and listed exclusively on Nasdaq, with portfolio transparency provided daily through intraday indicative values. Headquartered in San Francisco, California, with BlackRock, Inc.'s principal offices at 50 Hudson Yards in New York City, the fund serves U.S. markets without specified international geographic operations beyond BlackRock's global platform.