Skip to Content
Morningstar

BlackRock High Yield Bond K BRHYX

Morningstar Medalist Rating
Medalist Rating as of | See BlackRock Investment Hub
  • NAV / 1-Day Return 6.95  /  +0.31 %
  • Total Assets 21.6 Bil
  • Adj. Expense Ratio
    0.480%
  • Expense Ratio 0.480%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 5.0 Mil
  • Status Open
  • TTM Yield 6.92%
  • Effective Duration 3.16 years

USD | NAV as of Apr 22, 2024 | 1-Day Return as of Apr 22, 2024, 10:10 PM GMT+0

Morningstar’s Analysis BRHYX

Will BRHYX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable BRHYX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the BRHYX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of BRHYX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A strong team with a solid offering.

Analyst Jeana Marie Doubell

Jeana Marie Doubell

Analyst

Summary

BlackRock’s U.S. high-yield bond strategy is a worthwhile offering, boasting a veteran management team and extensive supporting resources coupled with a well-rounded investment approach.

by Jeana Marie Doubell
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings BRHYX

More BRHYX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 10.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

BlackRock Liquidity T-Fund Instl

2.59 575.0 Mil
Cash and Equivalents

iShares Broad USD High Yield Corp Bd ETF

2.06 457.4 Mil
—

ICE: (CDX.NA.HY.42.V1)

1.57 348.7 Mil
Derivative

EUR/USD Purchased

1.26 280.4 Mil
Derivative

HUB International Ltd.

1.16 257.5 Mil
Corporate

TRSWAP: IBOXHY INDEX

1.13 251.5 Mil
—

HUB International Ltd.

0.96 213.9 Mil
Corporate

UKG Inc.

0.85 188.0 Mil
Corporate

Tibco Software Inc

0.83 183.5 Mil
Corporate

EMRLD Borrower LP / Emerald Co-Issuer Inc.

0.81 179.9 Mil
Corporate