Morningstar

BlackRock High Yield Portfolio Fund Institutional Shares BHYIX

Morningstar Medalist Rating
Medalist Rating as of | See BlackRock Investment Hub
  • NAV / 1-Day Return 7.13  /  −0.14 %
  • Total Assets 27.7B
  • Adj. Expense Ratio
    0.570%
  • Expense Ratio 0.560%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 2M
  • Status Open
  • TTM Yield 6.65%
  • Effective Duration 2.97 years

USD | NAV as of Jul 11, 2026 | 1-Day Return as of Jul 11, 2026, 12:11 AM GMT+0

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 time-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 Holdings 10.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

BlackRock Liquidity T-Fund Instl

3.34 914M
Cash and Equivalents

iShares Broad USD High Yield Corp Bd ETF

3.22 881M
—

Ice: (Cdx.Na.Hy.46.V2)

2.92 798M
Derivative

BEIGNET INV LLC

1.39 381M
Corporate

1261229 Bc Ltd.

1.25 341M
Corporate

Meridian Arc Holdco LLC

1.14 310M
Corporate

Talen Energy Supply LLC

0.99 270M
Corporate

HUB International Ltd.

0.94 257M
Corporate

HUB International Ltd.

0.72 198M
Corporate

EchoStar Corp.

0.68 185M
Corporate

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