Highlights

  • IMCG targets US Mid cap stocks selected for growth characteristics.
  • The published expense ratio is 0.06%.
  • The fund's distribution frequency is quarterly.

iShares Morningstar Mid-Cap Growth ETF (NYSE Arca:IMCG) seeks exposure to US mid cap stocks selected for growth characteristics. With net asset value of USD 93.24 per share as of 30 October 2026, the fund reported net Assets of USD 4,037,130,187 as of 30 October 2026. Its Investment approach centres on tracking the Morningstar US Mid Cap Broad Growth Index.

Company Size and Growth Style Work Together

The portfolio applies a growth classification within the mid cap company universe. This combines a size boundary with a focus on Business expansion measures, creating a narrower exposure than a broad US Equity fund. Growth opportunities can come with execution demands, including spending on capacity, product development or market access. The relevant question is whether businesses can convert that spending into sustainable cash generation.

Portfolio Composition and Exposure

IMCG reported 259 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 23.39% and Information Technology at 23.26%. 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

IMCG lists an expense ratio of 0.06%. 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

Growth expectations can disappoint, while higher financing costs can constrain investment plans. Mid cap companies can also face stronger competition from larger businesses with greater financial resources. IMCG combines mid cap exposure with a growth preference, making industry concentration and the financial demands of expansion important features of the portfolio.