BlackRock U.S. Mortgage’s well-resourced and experienced team operates in a narrow market segment compared with most multi-sector bond Morningstar Category rivals. The strategy’s cheapest share class earns a Morningstar Analyst Rating of Bronze, while its pricier share classes are rated Neutral.
BlackRock US Mortgage Portfolio C BMPCX
NAV / 1-Day Return
10.30
/
0.21
%
Total Assets
300.4 Mil
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.
1.450%
Expense Ratio
1.450%
Fee Level
Low
Longest Manager Tenure
12.40
years
Category
Multisector Bond
Credit Quality / Interest Rate Sensitivity
Low / ModerateMin. Initial Investment
1,000
Status
Open
TTM Yield
1.37%
Effective Duration
5.11
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 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.
This sizable team made significant portfolio adjustments during 2020.
