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Morningstar

BlackRock High Yield Bond R BHYRX

Morningstar Medalist Rating
Medalist Rating as of | See BlackRock Investment Hub
  • NAV / 1-Day Return 6.74  /  0.57 %
  • Total Assets 19.7 Bil
  • Adj. Expense Ratio
    1.180%
  • Expense Ratio 1.180%
  • Distribution Fee Level Average
  • Share Class Type Retirement, Medium
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low / Limited
  • Min. Initial Investment 100
  • Status Open
  • TTM Yield 5.95%
  • Effective Duration 3.39 years

USD | NAV as of Sep 22, 2023 | 1-Day Return as of Sep 22, 2023, 10:11 PM GMT+0

Morningstar’s Analysis BHYRX

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

People Pillar

The People Pillar is our evaluation of the BHYRX 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 BHYRX’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 BHYRX

More BHYRX Holdings
  • Current Portfolio Date
  • Equity Holdings 16
  • Bond Holdings 1442
  • Other Holdings 367
  • % Assets in Top 10 Holdings 8.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

BlackRock Liquidity T-Fund Instl

3.51
696,708,070
Cash and Equivalents

ICE: (CDX.NA.HY.40.V1)

3.01
596,915,614
Derivative

TransDigm, Inc.

1.52
302,676,021
Corporate

EUR/USD Purchased

1.40
277,176,124
Derivative

iShares iBoxx $ High Yield Corp Bd ETF

1.14
225,840,000
—

Tibco Software Inc

0.87
173,187,773
Corporate

Mauser Packaging Solutions Holding Company

0.85
168,961,659
Corporate

EUR/USD Purchased

0.79
157,323,376
Derivative

Emerald Debt Merger Sub L.L.C. / Emerald Co-Issuer Inc

0.79
156,218,314
Corporate

Carnival Holdings Bermuda Ltd.

0.78
154,187,514
Corporate