BlackRock High Yield Bond’s distinctive and versatile approach benefits from one of the strongest team in its category. The managers have leveraged an expansive tool kit and the firm's impressive resources to navigate through various market environments and maintain the strategy’s edge over time. This strategy’s cheapest shares earn a Morningstar Analyst Rating to Gold while more expensive ones are rated Silver, Bronze, and Neutral.
BlackRock High Yield Bond Instl BHYIX
NAV / 1-Day Return
7.81
/
0.40
%
Total Assets
27.3 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.620%
Expense Ratio
0.620%
Fee Level
Below Average
Longest Manager Tenure
13.17
years
Category
High Yield Bond
Credit Quality / Interest Rate Sensitivity
Low / LimitedMin. Initial Investment
2,000,000
Status
Open
TTM Yield
5.03%
Effective Duration
3.50
years
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will BHYIX 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 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.
One of the strongest options in its category.
