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Morningstar

BlackRock Multi-Asset Income Investor A BAICX

Morningstar Medalist Rating
Medalist Rating as of | See BlackRock Investment Hub
  • NAV / 1-Day Return 9.41  /  0.51 %
  • Total Assets 11.5 Bil
  • Adj. Expense Ratio
    0.810%
  • Expense Ratio 0.820%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category Moderately Conservative Allocation
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Status Open
  • TTM Yield 5.43%
  • Turnover 57%

USD | NAV as of Sep 26, 2023 | 1-Day Return as of Sep 26, 2023, 10:16 PM GMT+0

Morningstar’s Analysis BAICX

Will BAICX 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 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.

An appealing option for investors looking for income.

Senior Analyst Megan Pacholok

Megan Pacholok

Senior Analyst

Summary

BlackRock Multi-Asset Income benefits from a strong and well-resourced team that deftly executes a research-driven, flexible process that delivers income while limiting downside risk. The departure of longtime lead manager Michael Fredericks is a loss, but the remaining portfolio managers are up to the task.

by Megan Pacholok
Rated on Published on

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Portfolio Holdings BAICX

More BAICX Holdings
  • Current Portfolio Date
  • Equity Holdings 527
  • Bond Holdings 3478
  • Other Holdings 738
  • % Assets in Top 10 Holdings 35.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Us 5Yr Note Dec 23

13.99
1,663,641,281
Government

Future on 10 Year Treasury Note

12.50
1,487,067,000
Government

Future on Ultra 10 Year US Treasury Note

5.35
636,370,688
Government

iShares MBS ETF

3.06
364,307,958
—

Gbp/Usd Future (Cme) Sep 23

2.75
326,600,524
Derivative

EUR/USD Purchased

2.55
303,780,621
Derivative

BlackRock Liquidity T-Fund Instl

2.44
290,018,819
Cash and Equivalents

EUR/USD Purchased

0.94
112,089,681
Derivative

CASH COLLATERAL USD HBCFT

0.73
86,344,000
Cash and Equivalents

iShares iBoxx $ Invmt Grade Corp Bd ETF

0.70
82,904,909
—