iShares Infrastructure Active ETF (BILT)

The iShares Infrastructure Active ETF (BILT) is an actively managed equity fund from iShares, BlackRock's exchange-traded fund business.

The fund invests in companies that own, operate or develop infrastructure assets around the world. These can include utilities, transportation networks such as toll roads, airports, railways and ports, energy pipelines and storage, communications towers and data centers. Such businesses often have long-lived assets and relatively stable, regulated or contracted cash flows.

BlackRock's managers select holdings through fundamental research across regions and infrastructure subsectors rather than tracking an index. The fund seeks long-term total return from a combination of capital appreciation and income.