Morningstar

BlackRock Multi-Asset Income Portfolio Investor A Shares BAICX

Morningstar Medalist Rating
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Medalist Rating as of See BlackRock Investment Hub
  • NAV / 1-Day Return $10.41  /  +0.10 %
  • Fund Size $10.1B
  • Adjusted Expense Ratio 0.820%
  • Net Expense Ratio 0.800%
  • Fee Level: Distribution Low
  • Share Class Type Front Load
  • Morningstar Category Global Moderately Conservative Allocation
  • Equity Style Box (Funds) Large Value
  • Fixed-Income Style Box (Funds) Medium/Limited
  • Investment Status Open
  • TTM Yield 6.04%
  • Turnover Ratio 211%
NAV and 1-Day Return as of

Morningstar’s Analysis BAICX

Will BAICX outperform in the 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 BAICX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the BAICX 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 BAICX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Leadership continues to change.

Senior Analyst Jodi Lim

Jodi Lim

Senior Analyst

Summary

BlackRock Multi-Asset Income’s recent leadership turnover and uneven depth across underlying investment sleeves temper conviction in this multi-asset, income-oriented strategy. As a result, the strategy now earns an Average People Pillar rating, down from Above Average.

by Jodi Lim
Rated on Published on

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Portfolio Holdings BAICX

More BAICX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 13.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

BlackRock Liquidity T-Fund Instl

4.10 430M
Cash and Equivalents

EUR/USD Purchased

3.48 366M
Derivative

Societe Generale Sa

2.32 243M
—

iShares iBoxx $ High Yield Corp Bd ETF

2.02 212M
—

Bmo Capital Markets Corp

1.95 205M
—

Morgan Stanley & Co Llc

1.86 195M
—

Bnp Paribas Sa

1.55 163M
—

Cash Offset

1.47 154M
—

Barclays Bank Plc

1.37 143M
—

CASH COLLATERAL USD BZUFT

1.02 107M
Cash and Equivalents

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