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Morningstar

BlackRock Low Duration Bond Instl BFMSX

Morningstar Analyst Rating
Analyst rating as of | See BlackRock Investment Hub
  • NAV / 1-Day Return 8.97  /  0.01 %
  • Total Assets 6.2 Bil
  • Adj. Expense Ratio
    0.400%
  • Expense Ratio 0.400%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Min. Initial Investment 2,000,000
  • Status Open
  • TTM Yield 2.37%
  • Effective Duration 0.02 years

USD | NAV as of Feb 02, 2023 | 1-Day Return as of Feb 02, 2023, 11:13 PM GMT+00:00

Morningstar’s Analysis BFMSX

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

People Pillar

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

A reinforced management team and deep resources maintain this strategy's appeal.‎

Strategist

Summary

| by Eric Jacobson

BlackRock Low Duration’s vast analytical resources and late 2020 management reinforcements offer ‎enough promise to earn a Morningstar Analyst Rating of Silver for its cheapest share class, while its ‎more-expensive ones are rated Bronze and Neutral.‎

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