- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 50 Hudson Yards New York NY United States of America 10001
- IPO Date
- Feb 2, 2001
- Business
- iShares Cohen & Steers REIT ETF (ICF) is an exchange-traded fund that seeks to track the investment results of the Cohen & Steers Realty Majors Index, composed primarily of large-cap U.S. real estate investment trusts (REITs). The fund provides investors with targeted exposure to the U.S. REIT sector through a portfolio of equity REITs focused on diversified property types including office, residential, retail, industrial, healthcare, lodging, self-storage, and data centers; mortgage REITs; and select cash equivalents and short-term securities. Top holdings typically include Prologis Inc., American Tower Corp., Equinix Inc., Welltower Inc., and Digital Realty Trust Inc., representing significant weightings in logistics, communications infrastructure, healthcare, and data center subsectors. Managed by BlackRock Fund Advisors with an expense ratio of 0.32%, the ETF distributes dividends quarterly and trades on the Nasdaq under the ticker ICF.
Launched on January 29, 2001, and domiciled in the United States, ICF operates within the real estate investment management industry, targeting institutional and retail investors seeking income and growth from U.S. commercial real estate without direct property ownership. The fund's geographic focus remains exclusively on U.S.-based REITs listed on major exchanges, with no international exposure. BlackRock, Inc., the ETF's sponsor and parent entity headquartered in New York, oversees a broad family of iShares ETFs including this product.
In recent developments, portfolio managers Peter Sietsema, Matt Waldron, and Steven White joined the management team effective April 1, 2025, alongside longstanding manager Jennifer Hsui. The fund maintained stable performance amid REIT sector volatility, delivering a 5.30% total return in 2024, with assets under management reaching approximately $1.93 billion as of late 2025. No major acquisitions, partnerships, funding rounds, or structural changes to the ETF itself were reported in 2024 or 2025, reflecting continuity in its index-tracking strategy.