Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
BlackRock Short Obligations Investor A BASOX
- NAV / 1-Day Return 10.04 / +0.04 %
- Total Assets 1.2 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.600%
- Distribution Fee Level Above Average
- Share Class Type No Load
- Category Ultrashort Bond
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 4.54%
- Effective Duration —
USD | NAV as of May 03, 2024 | 1-Day Return as of May 03, 2024, 11:33 PM GMT+0
Morningstar’s Analysis BASOX
Will BASOX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 5.6
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
TransCanada Pipelines Limited 1% | 1.82 | 22.5 Mil | Corporate |
TRI-PARTY GOLDMAN SACHS & CO. LLC | 1.62 | 20.0 Mil | Cash and Equivalents |
TRI-PARTY MIZUHO SECURITIES USA LL | 1.54 | 19.0 Mil | Cash and Equivalents |
BMW US Capital, LLC 5.70615% | 1.45 | 17.9 Mil | Corporate |
TRI-PARTY CITIGROUP GLOBAL MARKETS | 1.30 | 16.0 Mil | Cash and Equivalents |
Bank of America Corp. 5.7269% | 1.29 | 16.0 Mil | Cash and Equivalents |
BMW US Capital, LLC 5.8809% | 1.28 | 15.8 Mil | Cash and Equivalents |
Jupiter Securitization Co LLC 0% | 1.21 | 15.0 Mil | Cash and Equivalents |
KeyBank National Association 5.63476% | 1.17 | 14.4 Mil | Cash and Equivalents |
Oversea-Chinese Banking Corp Ltd. 0% | 1.12 | 13.9 Mil | Cash and Equivalents |