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Morningstar

BlackRock Multi-Asset Income Instl BIICX

Morningstar Medalist Rating
Medalist Rating as of | See BlackRock Investment Hub
  • NAV / 1-Day Return 9.90  /  −0.08 %
  • Total Assets 10.9 Bil
  • Adj. Expense Ratio
    0.570%
  • Expense Ratio 0.570%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Moderately Conservative Allocation
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Status Open
  • TTM Yield 5.83%
  • Turnover 56%

USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 11:41 PM GMT+0

Morningstar’s Analysis BIICX

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

  • People Pillar

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

An appealing option for investors looking for income.

Senior Analyst Megan Pacholok

Megan Pacholok

Senior Analyst

Summary

BlackRock Multi-Asset Income benefits from a strong and well-resourced team that deftly executes a research-driven, flexible process that delivers income while limiting downside risk. The departure of longtime lead manager Michael Fredericks is a loss, but the remaining portfolio managers are up to the task.

by Megan Pacholok
Rated on Published on

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Portfolio Holdings BIICX

More BIICX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 34.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Us 5Yr Note Jun 24

15.07 1.7 Bil
Government

Us 10Yr Note Jun 24

8.96 1.0 Bil
Government

BlackRock Liquidity T-Fund Instl

4.47 500.7 Mil
Cash and Equivalents

Eur/Usd Future (Cme) Mar 24

3.49 390.2 Mil
Derivative

Euro Bund Future Mar 24

3.07 343.4 Mil
Government

EUR/USD Purchased

2.92 326.5 Mil
Derivative

Gbp/Usd Future (Cme) Mar 24

2.55 285.0 Mil
Derivative

Us Ultra 10Yr Note Jun 24

2.45 273.6 Mil
Government

iShares Core Dividend Growth ETF

2.38 266.4 Mil
—

iShares iBoxx $ High Yield Corp Bd ETF

2.06 231.0 Mil
—