Highlights

  • IMCB targets medium sized US companies.
  • The published expense ratio is 0.04%.
  • The fund's distribution frequency is quarterly.

iShares Morningstar Mid-Cap ETF (NYSE Arca:IMCB) seeks exposure to medium sized US companies. With net asset value of USD 97.86 per share as of 30 October 2026, the fund reported net Assets of USD 1,746,807,212 as of 30 October 2026. Its Investment approach centres on tracking the Morningstar US Mid cap Market Index.

The Middle Company Size Segment Has Its Own Mix

A dedicated mid cap mandate focuses on a distinct segment of the US listed company universe. These businesses can have different financing needs and competitive positions from the largest companies, while spanning a broad range of industries. The portfolio's sector mix gives the size classification practical meaning. A mid cap label alone cannot establish how much exposure comes from industrial demand, financial activity or consumer spending.

Portfolio Composition and Exposure

IMCB reported 394 holdings as of 30 October 2026. This count describes the portfolio at that date and can change as securities enter or leave the fund. It does not indicate that each position carries the same weight.

The published exposure breakdown as of 29 October 2026 included Industrials at 19.08% and Financials at 15.34%. These allocations show where a meaningful part of the portfolio's exposure was concentrated. The percentages can change with market values and portfolio adjustments.

Fees and Distribution Policy

IMCB lists an expense ratio of 0.04%. This is an ongoing fund cost, rather than a charge covering every expense of buying or selling shares. Brokerage charges and the difference between buying and selling prices can add to an investor's transaction costs. Fund shares trade on NYSE Arca at market prices, which may differ from net asset value.

The stated distribution frequency is quarterly. That schedule describes the timing framework for payments and does not establish a fixed amount. Distributions depend on the fund's available income and applicable distribution decisions. A cash payment also needs to be considered alongside changes in the value of the investment.

Key Insights

Company earnings, borrowing costs and changes in Equity valuations can affect mid caps. A size based portfolio remains exposed to economic weakness and can contain substantial concentrations in selected industries. IMCB isolates the US mid cap segment, while its sector weights provide the clearest picture of the Business activities that drive that allocation.