Highlights

  • IAT seeks exposure to US regional bank equities.
  • The fund reports NAV of USD 60.96 as of 2 November 2026.
  • IAT lists an expense ratio of 0.37% and distributes quarterly.

iShares U.S. Regional Banks ETF (NYSE Arca:IAT) seeks to track US regional bank equities. Its NAV stood at USD 60.96 as of 2 November 2026. Net Assets totalled USD 646,160,526 as of 2 November 2026.

Regional Banks Selected From a Wider Banking Universe

IAT tracks the Dow Jones U.S. Select Regional Banks Index. The benchmark is drawn from a broader US bank index and selects regional banks using relative asset-size measures. It can include companies of different market capitalisations. The fund’s mandate therefore focuses on a defined banking segment rather than all financial services businesses.

The fund uses representative sampling, selecting investments intended to resemble the benchmark’s overall characteristics. It may therefore hold a different collection of securities from the index while seeking a similar Investment profile.

Portfolio Composition and Exposure

IAT reported 30 holdings as of 30 October 2026. Its allocation by Market Value included Regional Banks at 57.72%, Diversified Banks at 42.07% and Cash and/or Derivatives at 0.21% as of 30 October 2026.

The fact sheet dated 30 September 2026 identified holdings including US Bancorp at 15.16%, PNC Financial Services Group at 14.94% and Truist Financial at 9.54%. These position weights refer to that reporting date and can change as the portfolio and market values evolve.

The same fact sheet reported a P/E ratio of 12.72x and a P/B ratio of 1.31x. These valuation measures complement the holdings information with Earnings and book-value characteristics associated with the Equity portfolio.

Fees and Distribution Policy

The published expense ratio is 0.37%. Distributions are scheduled quarterly.

The 30-day SEC Yield was 2.78% as of 30 September 2026. This standardised income measure reflects the fund’s recent income after expenses; it is separate from changes in the market value of its shares.

The prospectus notes that brokerage commissions and other intermediary charges may apply separately. Fund shares trade at market prices, which can differ from NAV, so the stated NAV does not establish the price of every exchange transaction.

Key Insights

Credit losses, interest rates, deposit conditions and regulation can affect bank earnings and finances. A regional banking mandate concentrates the portfolio’s exposure to developments affecting that segment and its individual institutions.