Morningstar

BlackRock High Yield Portfolio Fund Institutional Shares BHYIX

Morningstar Medalist Rating
Unlock
Medalist Rating as of See BlackRock Investment Hub
  • NAV / 1-Day Return$6.92  /  −0.14%
  • Fund Size$25.8B
  • Adjusted Expense Ratio0.570%
  • Net Expense Ratio0.560%
  • Fee Level: DistributionBelow Average
  • Share Class TypeInstitutional
  • Morningstar CategoryHigh Yield Bond
  • Fixed-Income Style Box (Funds)Low/Limited
  • Minimum Initial Investment$2M
  • Investment StatusOpen
  • TTM Yield6.75%
  • Average Effective Duration1.86 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis BHYIX

Will BHYIX outperform in the 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 BHYIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

An experienced duo drives this well-tested approach.

Analyst Jeana Doubell

Jeana Doubell

Analyst

Summary

BlackRock's US high-yield bond strategy boasts a veteran management team and extensive supporting resources, coupled with a well-rounded investment approach.

by Jeana Doubell
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings BHYIX

More BHYIX Holdings
  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings11.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

BlackRock Liquidity T-Fund Instl

4.521B
Cash and Equivalents

iShares Broad USD High Yield Corp Bd ETF

3.951B
—

EUR/USD Purchased

2.55708M
Derivative

1261229 Bc Ltd.

1.29357M
Corporate

Talen Energy Supply LLC

0.99275M
Corporate

BEIGNET INV LLC

0.81224M
Corporate

HUB International Ltd.

0.80223M
Corporate

HUB International Ltd.

0.70195M
Corporate

EUR/USD Purchased

0.66184M
Derivative

EchoStar Corp.

0.66183M
Corporate

Sponsor Center

Site Index
United States Flag United States

© Copyright 2026 Morningstar, Inc. All rights reserved. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time.