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Morningstar

BlackRock High Yield Bond Inv A BHYAX

Morningstar Medalist Rating
Medalist Rating as of | See BlackRock Investment Hub
  • NAV / 1-Day Return 7.10  /  +0.19 %
  • Total Assets 23.5 Bil
  • Adj. Expense Ratio
    0.930%
  • Expense Ratio 0.930%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 6.67%
  • Effective Duration 3.08 years

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:12 PM GMT+0

Morningstar’s Analysis BHYAX

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

  • People Pillar

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

A strong team with a solid offering.

Analyst Jeana Marie Doubell

Jeana Marie Doubell

Analyst

Summary

BlackRock’s U.S. high-yield bond strategy is a worthwhile offering, boasting a veteran management team and extensive supporting resources coupled with a well-rounded investment approach.

by Jeana Marie Doubell
Rated on Published on

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Portfolio Holdings BHYAX

More BHYAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 10.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

ICE: (CDX.NA.HY.42.V1)

3.33 744.6 Mil
Derivative

iShares Broad USD High Yield Corp Bd ETF

2.88 644.0 Mil
—

BlackRock Liquidity T-Fund Instl

1.65 369.3 Mil
Cash and Equivalents

EUR/USD Purchased

1.59 355.1 Mil
Derivative

HUB International Ltd.

1.18 263.8 Mil
Corporate

TRSWAP: IBOXHY INDEX

1.14 254.6 Mil
—

EUR/USD Purchased

1.03 230.6 Mil
Derivative

HUB International Ltd.

0.93 207.5 Mil
Corporate

Mauser Packaging Solutions Holding Co.

0.85 190.0 Mil
Corporate

UKG Inc.

0.80 179.6 Mil
Corporate