BlackRock U.S. Government Bond boasts a seasoned management trio and deep supporting cast, but it’s difficult to discern a sustainable advantage for the strategy compared with its Bloomberg U.S. Government/Mortgage Index benchmark. It earns a Morningstar Analyst Rating of Neutral for its cheaper share classes, while its priciest share class is rated Negative.
Will BGBRX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable BGBRX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the BGBRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of BGBRX’s parent organization’s priorities and whether they’re in line with investors’ interests.