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Morningstar

BlackRock High Yield Bond K BRHYX

Morningstar Medalist Rating
Medalist Rating as of | See BlackRock Investment Hub
  • NAV / 1-Day Return 6.84  /  0.13 %
  • Total Assets 20.1 Bil
  • Adj. Expense Ratio
    0.510%
  • Expense Ratio 0.510%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low / Limited
  • Min. Initial Investment 5,000,000
  • Status Open
  • TTM Yield 6.87%
  • Effective Duration 3.34 years

USD | NAV as of Nov 30, 2023 | 1-Day Return as of Nov 30, 2023, 11:15 PM GMT+0

Morningstar’s Analysis BRHYX

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

People Pillar

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

More BRHYX Holdings
  • Current Portfolio Date
  • Equity Holdings 14
  • Bond Holdings 1433
  • Other Holdings 133
  • % Assets in Top 10 Holdings 10.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

BlackRock Liquidity T-Fund Instl

2.75
511,117,713
Cash and Equivalents

iShares iBoxx $ High Yield Corp Bd ETF

2.34
435,420,000
—

ICE: (CDX.NA.HY.41.V2)

2.23
414,515,163
Derivative

EUR/USD Purchased

1.74
322,748,267
Derivative

TransDigm, Inc.

1.54
286,907,314
Corporate

EUR/USD Purchased

0.99
184,241,047
Derivative

Tibco Software Inc

0.90
166,439,963
Corporate

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

0.81
151,113,202
Corporate

Carnival Holdings Bermuda Ltd.

0.81
150,204,887
Corporate

Mauser Packaging Solutions Holding Company

0.80
149,138,968
Corporate