Skip to Content
Morningstar

BlackRock Core Bond Instl BFMCX

Morningstar Medalist Rating
Medalist Rating as of | See BlackRock Investment Hub
  • NAV / 1-Day Return 8.03  /  0.41 %
  • Total Assets 3.8 Bil
  • Adj. Expense Ratio
    0.440%
  • Expense Ratio 0.440%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity High / Moderate
  • Min. Initial Investment 2,000,000
  • Status Open
  • TTM Yield 3.44%
  • Effective Duration 6.62 years

USD | NAV as of Sep 22, 2023 | 1-Day Return as of Sep 22, 2023, 10:11 PM GMT+0

Morningstar’s Analysis BFMCX

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

People Pillar

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

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

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings BFMCX

More BFMCX Holdings
  • Current Portfolio Date
  • Equity Holdings 2
  • Bond Holdings 2170
  • Other Holdings 137
  • % Assets in Top 10 Holdings 15.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

BlackRock Liquidity T-Fund Instl

5.99
225,800,910
Cash and Equivalents

United States Treasury Notes 0.375%

2.91
109,646,082
Government

Federal National Mortgage Association 5%

2.79
105,260,547
Securitized

United States Treasury Notes 1.5%

2.17
81,645,117
Government

United States Treasury Notes 1.75%

2.16
81,358,781
Government

Federal National Mortgage Association 5.5%

2.07
78,019,607
Securitized

United States Treasury Notes 4%

1.44
54,150,335
Government

United States Treasury Notes 3.875%

1.43
53,762,519
Government

United States Treasury Notes 2.75%

1.33
49,990,136
Government

United States Treasury Notes 2.25%

1.12
42,033,229
Government