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Morningstar

BlackRock Income Fund Instl BMSIX

Morningstar Medalist Rating
Medalist Rating as of | See BlackRock Investment Hub
  • NAV / 1-Day Return 8.59  /  0.05 %
  • Total Assets 1.0 Bil
  • Adj. Expense Ratio
    0.640%
  • Expense Ratio 0.640%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Multisector Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Min. Initial Investment 2,000,000
  • Status Open
  • TTM Yield 5.27%
  • Effective Duration 2.81 years

USD | NAV as of Sep 29, 2023 | 1-Day Return as of Sep 29, 2023, 10:12 PM GMT+0

Morningstar’s Analysis BMSIX

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

People Pillar

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

A strong management team and sound investment process underpin BlackRock Income Fund Instl's Morningstar Medalist Rating of Silver.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings BMSIX

More BMSIX Holdings
  • Current Portfolio Date
  • Equity Holdings 11
  • Bond Holdings 1615
  • Other Holdings 133
  • % Assets in Top 10 Holdings 16.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Us 5Yr Note Dec 23

33.91
364,469,625
Government

Federal National Mortgage Association

14.68
157,725,066
Securitized

United States Treasury Bills

11.04
118,662,970
Government

Mar24 Sfrh4 C @ 95.5

5.03
54,093,959
Derivative

Federal National Mortgage Association

4.66
50,126,602
Securitized

iShares 0-5 Year High Yield Corp Bd ETF

2.05
22,061,622
—

CASH COLLATERAL USD JPFFT

1.47
15,787,000
Cash and Equivalents

iShares Floating Rate Bond ETF

1.46
15,671,979
—

Truist Financial Corporation

1.44
15,508,920
Corporate

B.A.T. Capital Corporation

1.03
11,076,178
Corporate