BlackRock U.S. Government Bond boasts an experienced and well-resourced team, but it's difficult to discern a sustainable advantage for the strategy compared with its Bloomberg Barclays U.S. Government/Mortgage Index benchmark. Its cheaper share classes earn a Morningstar Analyst Rating of Neutral, while its priciest share class is rated Negative.
BlackRock US Government Bond Inv A CIGAX
NAV / 1-Day Return
10.63
/
0.09
%
Total Assets
639.3 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.
0.710%
Expense Ratio
0.820%
Fee Level
Low
Longest Manager Tenure
9.20
years
Category
Intermediate Government
Credit Quality / Interest Rate Sensitivity
High / ModerateMin. Initial Investment
1,000
Status
Open
TTM Yield
1.22%
Effective Duration
4.99
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 CIGAX 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 CIGAX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the CIGAX 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 CIGAX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A strong team plying a flexible approach.
