A strong team leads BlackRock US Mortgage Portfolio, but its focus limits the fund’s opportunity set and fails to stand out relative to other wide-ranging multisector bond Morningstar Category peers.
BlackRock US Mortgage Portfolio A BMPAX
- NAV / 1-Day Return 8.66 / +0.02 %
- Total Assets 373.8 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.700%
- Distribution Fee Level Low
- Share Class Type Front Load
- Category Multisector Bond
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 4.74%
- Effective Duration 3.81 years
USD | NAV as of Apr 22, 2024 | 1-Day Return as of Apr 22, 2024, 10:15 PM GMT+0
Morningstar’s Analysis BMPAX
Will BMPAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 25.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Us 2Yr Note Jun 24 | 14.33 | 52.3 Mil | Government |
United States Treasury Bills | 14.28 | 52.2 Mil | Government |
Federal National Mortgage Association | 5.31 | 19.4 Mil | Securitized |
Federal National Mortgage Association | 4.66 | 17.0 Mil | Securitized |
Federal National Mortgage Association | 4.23 | 15.5 Mil | Securitized |
Federal Home Loan Mortgage Corp. | 4.18 | 15.3 Mil | Securitized |
Federal Home Loan Mortgage Corp. | 3.12 | 11.4 Mil | Securitized |
Federal Home Loan Mortgage Corp. | 3.07 | 11.2 Mil | Securitized |
Federal National Mortgage Association | 2.96 | 10.8 Mil | Securitized |
Fnma Pass-Thru I | 2.81 | 10.3 Mil | Securitized |