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IShares Active Infrastructure ETF

In your May 2025 commentary you noted that this ETF was in the filing stage.
It is anticipated to start trading July 31. Symbol BILT. Looking forward to
reviewing it's portfolio, expense ratio and frequency of dividends.

Comments

  • Ill be interested in BILT as well
  • Agreed. C'mon, lets' get this pup launched!
  • It will be interesting to see how BILT compares to GLIFX.
  • This fund was launched in Australia. The last 5 years it has averaged 10.40% per year.
    BILT will have the same managers and should have a similar portfolio.
  • Mitchelg said:

    This fund was launched in Australia. The last 5 years it has averaged 10.40% per year.
    BILT will have the same managers and should have a similar portfolio.

    I didn't know that. Thanks for the heads up.
  • BILT started trading today. I bought a 1/4 position.
  • edited 1:32PM
    Mitchelg said:

    BILT started trading today. I bought a 1/4 position.

    Thanks for the tip. Its holdings are quite solid, though I wish there were some more concentrated positions and fewer airports. As to the former point, I'd probably still lean toward GLFOX.

    Other than WMB, its top 10 holdings don't overlap with my stuff in this area, so it'll go on the watchlist for now.
  • I wish there were some more concentrated positions and fewer airports.

    ISTM that one might be even more concerned about the size of airport holdings in GLIFX. Like BILT, it has five airport stocks. At least if I've counted correctly. But with half as many stocks overall, those five account for twice the percentage of total assets (17.21% vs 9.75%).
    Stock				BILT	GLIFX
    AENA SME SA 6.61% 1.86%
    FLUGHAFEN ZUERICH AG 0.74% 1.62%
    VINCI SA 0.50% 4.87%

    AEROPORTS DE PARIS SA 0.98%
    JAPAN AIRPORT TERMINAL LTD 0.92%

    Ferrovial SE 7.74%
    Auckland International Airport Ltd 1.12%
    Also, as with gold assets, there are airport stocks and there are airport stocks. Some airport companies actually own the airports (just as some gold holdings are really gold) while other companies manage airport operations (just as some gold holdings are mining operations).

    I like GLIFX, I've owned it in the past (sold to simplify portfolio, not because of dissatisfaction). GLIFX is available (with TF) with a $1 min at Schwab and a $10K min in a Fidelity IRA.

    BILT and GLIFX are sufficiently concentrated that one can read through all their holdings to get a better sense of how they invest.


  • Could someone advise if there is any connection at all between BILT (the ETF) and BILTX (a Doubleline Infrastructure Income Mutual Fund) ? Thanks-
  • edited 9:26PM
    Old_Joe said:

    Could someone advise if there is any connection at all between BILT (the ETF) and BILTX (a Doubleline Infrastructure Income Mutual Fund) ? Thanks-

    On quick glance @ M*, BILTX holds bonds and other FI from infrastructure players. BILT holds equities only. I doubt there's any connection between them.
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