Filter list by keyword Show All Show Fewer to of Total Sorry, no data available.

Growth of Hypothetical $10,000

Source: Lipper. Data reflects different methodology from the BlackRock calculated returns in the Returns tab. The $10,000 Hypothetical Over Time chart reflects a hypothetical $10,000 investment in the investor class of shares noted and does not assume the max sales charge. Had sales charge been included, returns would have been lower. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including 12b-1 fees, management fees and other expenses were deducted. Performance for other share classes will vary.

Distributions

Interactive chart displaying fund performance. Javascript is required.

Ex-Date Payable Date Record Date Total Distribution Income ST Cap Gains LT Cap Gains Return of Capital

Interactive chart displaying fund performance. Javascript is required.

Year Total Distribution Income ST Cap Gains LT Cap Gains

Past distributions are not indicative of future distributions.
Click here, for the most recent distributions.

  • Returns

Performance data is not currently available

Performance data is not currently available

Performance data is not currently available

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investors shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.

The Fund’s returns between July 29, 2013 and October 1, 2016 are the returns of the Fund when it followed different investment strategies under the name “BlackRock Investment Grade Bond Portfolio.” The Fund’s returns prior to July 29, 2013 are the returns of the Fund when it followed different investment strategies under the name “BlackRock Long Duration Bond Portfolio.” 

The scarcity of decent yields has driven determined income-seekers into fewer, more highly correlated asset classes.

Rethink

Size of Class (Millions) as of Aug 30, 2021 $414.2 M

Size of Fund (Millions) as of Aug 30, 2021 $904.4 M

Share Class launch date Oct 19, 2007

Asset Class MultiAsset

Morningstar Category Allocation--15% to 30% Equity

Lipper Classification Multi-Sector Income Fds

Benchmark Index 70% BBG US Aggregate Bond / 30% S&P 500 Index

CUSIP 091937185

Distribution Frequency Monthly

Number of Holdings as of Jul 30, 2021 2,724

Max Offer Price as of Aug 30, 2021 $10.52

Open to New Investors Yes

Turnover Percent in the Annual Report 76%

Fund Sharpe Ratio (3y)
A ratio to measure risk-adjusted performance. The Sharpe ratio is calculated by subtracting the risk-free rate - such as that of the 10-year U.S. Treasury bond - from the rate of return for a portfolio and dividing the result by the standard deviation of the portfolio returns.>
as of Jul 31, 2021
0.80

30 Day SEC Yield as of Jul 31, 2021 2.97%

Unsubsidized 30-Day SEC Yield as of Jul 31, 2021 2.76%

Best 3-Month Return Over the Last 3 Years 3 months ending Jun 30, 2020 7.20%

Worst 3-Month Return Over the Last 3 Years 3 months ending Mar 31, 2020 -7.62%

R-Squared (3y) as of Jul 31, 2021 74.92

Fund Standard Deviation (3y) as of Jul 31, 2021 5.83

Effective Duration 2.02 yrs

For the latest month-end Distribution Yield, click here.


This information must be preceded or accompanied by a current prospectus. For standardized performance, please see the Performance section above.

Sustainability Characteristics can help investors integrate non-financial, sustainability considerations into their investment process. These metrics enable investors to evaluate funds based on their environmental, social, and governance (ESG) risks and opportunities. This analysis can provide insight into the effective management and long-term financial prospects of a fund.

The metrics below have been provided for transparency and informational purposes only. The existence of an ESG rating is not indicative of how or whether ESG factors will be integrated into a fund. The metrics are based on MSCI ESG Fund Ratings and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a fund. For more information regarding a funds investment strategy, please see the funds prospectus.

Review the MSCI methodology behind Sustainability Characteristics, using links below.

MSCI ESG Fund Rating (AAA-CCC) as of Jun 07, 2021 A

MSCI ESG Quality Score (0-10) as of Jun 07, 2021 5.8

MSCI ESG Quality Score - Peer Percentile as of Jun 07, 2021 48.64%

MSCI ESG % Coverage as of Jun 07, 2021 65.22%

Fund Lipper Global Classification as of Jun 07, 2021 Bond USD

MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of Jun 07, 2021 234.79

Funds in Peer Group as of Jun 07, 2021 220

All data is from MSCI ESG Fund Ratings as of Jun 07, 2021, based on holdings as of Feb 28, 2021. As such, the fund’s sustainable characteristics may differ from MSCI ESG Fund Ratings from time to time.

To be included in MSCI ESG Fund Ratings, 65% of the fund’s gross weight must come from securities covered by MSCI ESG Research (certain cash positions and other asset types deemed not relevant for ESG analysis by MSCI are removed prior to calculating a fund’s gross weight; the absolute values of short positions are included but treated as uncovered), the fund’s holdings date must be less than one year old, and the fund must have at least ten securities. For newly launched funds, sustainability characteristics are typically available 6 months after launch.

Business Involvement metrics can help investors gain a more comprehensive view of specific activities in which a fund may be exposed through its investments.

Business Involvement metrics are not indicative of a fund’s investment objective, and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a fund. For more information regarding a funds investment strategy, please see the funds prospectus.

Review the MSCI methodology behind the Business Involvement metrics, using links below.

MSCI - Controversial Weapons as of Jul 30, 2021 0.05%

MSCI - UN Global Compact Violators as of Jul 30, 2021 1.35%

MSCI - Nuclear Weapons as of Jul 30, 2021 0.03%

MSCI - Thermal Coal 5% of total revenue from thermal coal mining. For further details regarding MSCIs methodology, see footnote 4 at the bottom of the page.> as of Jul 30, 2021 0.01%

MSCI - Civilian Firearms as of Jul 30, 2021 0.01%

MSCI - Oil Sands 5% of total revenue from oil sands extraction. For further details regarding MSCIs methodology, see footnote 4 at the bottom of the page.> as of Jul 30, 2021 0.02%

MSCI - Tobacco as of Jul 30, 2021 0.57%


Business Involvement Coverage as of Jul 30, 2021 58.02%

Percentage of Fund not covered as of Jul 30, 2021 41.98%

BlackRock business involvement exposures as shown above for Thermal Coal and Oil Sands are calculated and reported for companies that generate more than 5% of revenue from thermal coal or oil sands as defined by MSCI ESG Research. For the exposure to companies that generate any revenue from thermal coal or oil sands (at a 0% revenue threshold), as defined by MSCI ESG Research, it is as follows: Thermal Coal 0.07% and for Oil Sands 0.35%.

Business Involvement metrics are calculated by BlackRock using data from MSCI ESG Research which provides a profile of each company’s specific business involvement. BlackRock leverages this data to provide a summed up view across holdings and translates it to a funds market value exposure to the listed Business Involvement areas above.

Business Involvement metrics are designed only to identify companies where MSCI has conducted research and identified as having involvement in the covered activity. As a result, it is possible there is additional involvement in these covered activities where MSCI does not have coverage. This information should not be used to produce comprehensive lists of companies without involvement. Business Involvement metrics are only displayed if at least 1% of the fund’s gross weight includes securities covered by MSCI ESG Research.

ESG Integration

ESG integration is the practice of incorporating material environmental, social and governance (ESG) information or insights alongside traditional measures into the investment decision process to improve long term financial outcomes of portfolios. Unless otherwise stated in Fund documentation or included within the Fund’s investment objective, inclusion of this statement does not imply that the Fund has an ESG-aligned investment objective, but rather describes how ESG information is considered as part of the overall investment process.

The Fund manager includes ESG considerations in combination with other information in the research and due diligence phase of the investment process. ESG information may be sourced internally, via collaboration with the BlackRock Investment Stewardship team in engaging issuers on material environmental, societal or governance topics, and from third-party providers. The Fund manager’s ongoing monitoring of the portfolio involves regular portfolio risk reviews with the Risk and Quantitative Analysis group. These reviews include discussion of the portfolio’s exposure to material ESG risks, as well as exposure to sustainability-related business involvements, climate-related metrics, and other factors.

as of current prospectus

Gross Expense Ratio 0.69%
Net Expense Ratio 0.44%

Net Expense Ratio excluding Investment Related Expenses is 0.37%

  • Acquired Fund Fees and Expenses 0.07%
  • Interest expense 0.00%

There is an additional management fee waiver of 0.14% related to certain affiliated investments.

Lipper Leader

Overall Lipper Leaders ratings based on an equal-weighted average of percentile ranks for each measure over 3-, 5-, and 10-year periods (if applicable) and do not take into account the effects of sales charges for these categories (Consistent Return, Preservation, Total Return, Expense, and Tax Efficiency) as of Jul 31, 2021 out of 309, 6,151, 309, 213 and 309 Funds, respectively in Lippers Multi-Sector Income Fds classification.

Morningstar Analyst Rating

Morningstar

Morningstar has awarded the Fund a Bronze medal. Fewer than 10% of US open-end funds hold medalist ratings. (Effective Dec 12, 2020) https://www.morningstar.com/content/dam/marketing/shared/pdfs/Research/962834.pdf. The Morningstar Analyst Rating (i) should not be used as the sole basis in evaluating a fund, (ii) involves unknown risks and uncertainties which may cause the Manager Research Group’s expectations not to occur or to differ significantly from what they expected, and (iii) should not be considered an offer or solicitation to buy or sell the fund.>

as of Jul 30, 2021

Name Weight (%)
ISHARES CORE DIVIDEND GROWTH ETF 2.17
APPLE INC - ELN 0.69
MICROSOFT CORP - ELN 0.46
MICROSOFT CORP 0.38
SANOFI SA 0.34
Name Weight (%)
ALPHABET INC CLASS A - ELN 0.34
RELX PLC 0.33
INTERCONTINENTAL EXCHANGE INC 0.29
AMAZON COM INC - ELN 0.29
TAIWAN SEMICONDUCTOR MANUFACTURING 0.29

as of Jul 30, 2021

Name Weight (%)
Notional Cash Offset (FVU1 FUTURE) 3.13
Notional Cash Offset (TYU1 FUTURE) 2.97
Notional Cash Offset (WNU1 FUTURE) 2.33
ISHARES IBOXX $ HIGH YIELD CORP BO 2.27
Notional Cash Offset (USU1 FUTURE) 1.77
Name Weight (%)
Notional Cash Offset (UXYU1 FUTURE) 1.16
ISHARES IBOXX $ INV GRADE CORPORAT 1.09
CAMELOT FINANCE/CLARIVATE ANALYTIC TL-B 0.22
REALPAGE INC TL-B 0.22
ZAYO GROUP HOLDING / FRONT RANGE TL-B 0.22

as of Jul 30, 2021

% Market Value

Allocations subject to change.

as of Jul 30, 2021

% Notional Exposures

as of Apr 28, 2017

% Notional Exposures

as of Jul 30, 2021

% Market Value

The fund itself has not been rated by an independent rating agency. Credit quality ratings on underlying securities of the fund are received from S&P, Moody’s and Fitch and converted to the equivalent S&P major rating category. This breakdown is provided by BlackRock and takes the median rating of the three agencies when all three agencies rate a security the lower of the two ratings if only two agencies rate a security and one rating if that is all that is provided. Unrated securities do not necessarily indicate low quality. Below investment-grade is represented by a rating of BB and below. Ratings and portfolio credit quality may change over time.

Negative weightings may result from specific circumstances (including timing differences between trade and settle dates of securities purchased by the funds) and/or the use of certain financial instruments, including derivatives, which may be used to gain or reduce market exposure and/or risk management. Certain transactions the funds may utilize may give rise to a form of leverage through either (a) additional market exposure or (b) borrowing capital in an attempt to increase investment return. The use of such transactions includes certain leverage-related risks, including potential for higher volatility, greater decline of the fund’s net asset value and fluctuations of dividends and distributions paid by the fund.

Allocations are subject to change.

Michael

Head of Income Investing for BlackRock Multi-Asset Strategies Team

Michael Fredericks, Managing Director, is head of Income Investing for the BlackRock Multi-Asset Strategies & Solutions group and lead portfolio manager for the Multi-Asset Income, Global Multi-Asset Income, Dynamic High Income, and Managed Income funds.

Mr. Fredericks joined BlackRock in 2011 from JPMorgan Asset Management where he was an Executive Director and portfolio manager in the Global Multi-Asset Group (GMAG) responsible for retail asset allocation solutions. At JPMorgan he co-managed the JPMorgan Diversified Fund and the JPMorgan Income Builder Fund, and served on the GMAG New York investment committee. Previously he was an equity analyst responsible for global consumer discretionary stocks at Nicholas Applegate Capital Management.

Mr. Fredericks holds a B.A. in Economics and History from the University of California, Berkeley and an M.P.I.A. from the Graduate School of International Relations and Pacific Studies at the University of California, San Diego.

He regularly contributes to financial news media and has been featured in print and broadcast outlets including the Wall Street Journal, Financial Times, Associated Press, CNBC and Bloomberg TV, among others.

Justin

Portfolio Manager, Multi-Asset Portfolio Strategies

Justin Christofel, CFA, CAIA, Managing Director and portfolio manager, is a member of the BlackRock Multi-Asset Strategies & Solutions group, which is responsible for developing, assembling, and managing global tactical asset allocation portfolios as well as outcome oriented investment solutions. Mr. Christofel is a portfolio manager for the Multi-Asset Income, Global Multi-Asset Income, Dynamic High Income, and the Managed Income Funds. He also manages decumulation strategies designed for investors in retirement.

Prior to the launch of the Income strategies, Mr. Christofel managed customized asset allocation portfolios for institutional investors. He also managed volatility control strategies, and a multi-asset real return portfolio.

Mr. Christofel joined Blackrock in 2007 from Oliver Wyman, a consulting firm specializing in financial services. His projects spanned from retail banking to structured finance.

Mr. Christofel graduated from Yale University with a BA degree, with honors, in economics and mathematics.

Alex

Portfolio Manager, Multi-Asset Portfolio Strategies

Alex Shingler, CFA, Managing Director, is a member of BlackRocks Multi-Asset Strategies group and a portfolio manager for over $20 billion of income-oriented multi-asset portfolios, including the BlackRock Multi-Asset Income fund.

Prior to his current role, Mr. Shingler served as a research analyst and portfolio manager within BlackRocks European and U.S. credit businesses. Before joining BlackRock in 2009 in London, Mr. Shingler was Head of European Research at R3 Capital Partners and its predecessor. From 1999 to 2007, Mr. Shingler was with Seneca Capital Advisors, focusing on special situation equity and debt investments. He began his career as an analyst with J.P. Morgan.

Mr. Shingler earned an AB degree, summa cum laude, in philosophy from Princeton University.

There are many ways to access BlackRock Funds, learn how you can add them to your portfolio

Discuss with your financial planner today

Share this fund with your financial planner to find out how it can fit in your portfolio.

Email your advisor

Buy through your brokerage

BlackRock funds are also available through certain brokerage accounts. Visit your brokerage today to see how you can get started.