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Morningstar

BlackRock US Mortgage Portfolio C BMPCX

Morningstar Analyst Rating
Analyst rating as of | See BlackRock Investment Hub
  • NAV / 1-Day Return 8.97  /  0.10 %
  • Total Assets 333.5 Mil
  • Adj. Expense Ratio
    1.470%
  • Expense Ratio 1.450%
  • Distribution Fee Level Low
  • Share Class Type Level Load
  • Category Multisector Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.39%
  • Effective Duration 5.93 years

USD | NAV as of Feb 07, 2023 | 1-Day Return as of Feb 07, 2023, 11:16 PM GMT+00:00

Morningstar’s Analysis BMPCX

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

People Pillar

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

A solid mortgage-focused multi-sector offering.

Senior Analyst

Summary

| by R.J. D'Ancona

BlackRock U.S. Mortgage boasts a seasoned and well-resourced team, but its opportunity set is narrow relative to multi-sector bond Morningstar Category peers. The strategy’s cheapest share class earns a Morningstar Analyst Rating of Bronze, while its pricier share classes are rated Neutral.

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