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Morningstar

BlackRock Core Bond Inv A BCBAX

Morningstar Medalist Rating
Medalist Rating as of | See BlackRock Investment Hub
  • NAV / 1-Day Return 8.38  /  0.37 %
  • Total Assets 3.7 Bil
  • Adj. Expense Ratio
    0.690%
  • Expense Ratio 0.690%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity High / Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.65%
  • Effective Duration 5.81 years

USD | NAV as of May 31, 2023 | 1-Day Return as of May 31, 2023, 10:11 PM GMT+0

Morningstar’s Analysis BCBAX

Will BCBAX 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 BCBAX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

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

null Morningstar Manager Research

Morningstar Manager Research

Summary

A strong management team and sound investment process underpin BlackRock Core Bond Inv A's Morningstar Medalist Rating of Bronze. 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.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings BCBAX

More BCBAX Holdings
  • Current Portfolio Date Feb 28, 2023
  • Equity Holdings 0
  • Bond Holdings 1935
  • Other Holdings 431
  • % Assets in Top 10 Holdings 15.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

BARCLAYS TREASURY INDEX

40.68
1,404,534,775
Derivative

BARCLAYS MBS INDEX

27.43
947,085,105
Derivative

BARCLAYS US CORPORATE INDU

14.18
489,668,219
Derivative

Us 5Yr Note Jun 23

12.29
424,274,484
Government

BlackRock Liquidity T-Fund Instl

11.14
384,731,838
Cash and Equivalents

BARCLAYS ABS INDEX

8.75
302,237,182
Derivative

BARCLAYS IG CREDIT - FINAN

8.30
286,475,940
Derivative

Us 2Yr Note Jun 23

8.15
281,378,750
Government

BARCLAYS IG CREDIT - FINAN

5.35
184,688,532
Derivative

Us 10Yr Note Jun 23

5.18
178,786,672
Government