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Morningstar

BlackRock Low Duration Bond Instl BFMSX

Morningstar Medalist Rating
Medalist Rating as of | See BlackRock Investment Hub
  • NAV / 1-Day Return 8.93  /  −0.10 %
  • Total Assets 4.5 Bil
  • Adj. Expense Ratio
    0.400%
  • Expense Ratio 0.400%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 2.0 Mil
  • Status Open
  • TTM Yield 4.19%
  • Effective Duration 1.88 years

USD | NAV as of Apr 16, 2024 | 1-Day Return as of Apr 16, 2024, 10:51 PM GMT+0

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 strong management team and sound investment process underpin BlackRock Low Duration Bond Instl's Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

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

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings BFMSX

More BFMSX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 36.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Us 2Yr Note Jun 24

42.78 2.0 Bil
Government

United States Treasury Notes

4.27 194.7 Mil
Government

United States Treasury Notes

2.95 134.6 Mil
Government

United States Treasury Notes

2.55 116.3 Mil
Government

United States Treasury Notes

2.43 110.6 Mil
Government

EUR/USD Purchased

2.01 91.6 Mil
Derivative

United States Treasury Notes

1.92 87.4 Mil
Government

BlackRock Liquidity T-Fund Instl

1.90 86.5 Mil
Cash and Equivalents

United States Treasury Notes

1.76 80.4 Mil
Government

Jun24 Sfrm4 P @ 94.75

1.63 74.5 Mil
Derivative