A strong team leads BlackRock US Mortgage Portfolio, but its focus limits the fund’s opportunity set and fails to stand out relative to other wide-ranging multisector bond Morningstar Category peers.
BlackRock US Mortgage Portfolio Instl MSUMX
- NAV / 1-Day Return 8.67 / −0.33 %
- Total Assets 359.8 Mil
-
Adj. Expense Ratio
0.450%
- Expense Ratio 0.450%
- Distribution Fee Level Low
- Share Class Type Institutional
- Category Multisector Bond
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 2.0 Mil
- Status Open
- TTM Yield 4.98%
- Effective Duration 4.00 years
USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:16 PM GMT+0
Morningstar’s Analysis MSUMX
Will MSUMX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 7.8
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Cash Offset | 12.92 | 37.8 Mil | — |
Federal National Mortgage Association | 6.58 | 19.3 Mil | Securitized |
Federal National Mortgage Association | 5.78 | 16.9 Mil | Securitized |
Federal Home Loan Mortgage Corp. | 5.19 | 15.2 Mil | Securitized |
Us 2Yr Note Jun 24 | 5.11 | 15.0 Mil | Government |
United States Treasury Bills | 4.36 | 12.8 Mil | Government |
Federal Home Loan Mortgage Corp. | 3.91 | 11.4 Mil | Securitized |
Federal Home Loan Mortgage Corp. | 3.82 | 11.2 Mil | Securitized |
Federal National Mortgage Association | 3.43 | 10.0 Mil | Securitized |
Federal National Mortgage Association | 3.29 | 9.6 Mil | Securitized |