PERFORMANCE

as of
  1y 3y 5y 10y Incept.  
1.77 6.76 8.24 - 5.87
-3.57 4.86 7.08 - 5.09
Benchmark (%)   3.98 7.95 7.68 - 4.84
Morningstar Category Avg. (%)   -0.61 4.39 5.30 3.92 -
Lipper Category Avg. (%)   -0.01 7.26 7.61 5.43 -
as of
  1m 3m YTD 1y 3y 5y 10y Incept.  
0.59 -0.90 1.24 1.77 21.70 48.56 - 51.80
-4.69 -6.11 -4.08 -3.57 15.31 40.76 - 43.83
Benchmark (%)   1.25 -0.43 2.61 3.98 25.81 44.74 - 41.32
Morningstar Category Avg. (%)   -0.01 -2.42 -0.18 -0.61 13.75 29.45 46.86 -
Lipper Category Avg. (%)   0.00 -2.15 0.61 -0.01 24.22 46.14 70.76 -
as of
  2010 2011 2012 2013 2014
Total Return (%)   12.14 4.85 13.09 9.07 4.79
Annual w/ Sales Charge (%)   6.28 -0.62 7.20 3.34 -0.71
Benchmark (%)   9.73 1.34 10.13 11.56 5.53
Morningstar Category Avg. (%)   10.53 -3.36 9.45 8.62 2.41


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 investor’s 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.
Performance chart data not available for display.
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 investor’s 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, and numbers may reflect small variances due to rounding. Standardized performance and performance data current to the most recent month end may be obtained by clicking the "Returns" tab above.

Interactive chart displaying fund performance. Javascript is required.

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

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.



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 investor’s 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, and numbers may reflect small variances due to rounding. Standardized performance and performance data current to the most recent month end may be obtained by clicking the "Returns" tab above.

Holdings

  • Top Holdings - Equity

as of 31-Jul-2015

Name Weight (%)
JOHNSON & JOHNSON 0.36
IMPERIAL TOBACCO GROUP PLC 0.36
NOVARTIS AG 0.34
ASTRAZENECA PLC 0.34
ALTRIA GROUP INC 0.32
COCA-COLA 0.27
MICROSOFT CORP 0.26
CFR HSBC BANK PLC 144A 14.139/23/2015 0.26
SCHW NOMURA INTERNATIONAL FUNDING PTE L 144A 11.74210/9/2015 0.26
WFC CREDIT SUISSE AG (LONDON BRANCH) 5.599/30/2015 0.25
  • Top Holdings - Fixed Income

as of 31-Jul-2015

Name Weight (%)
ISHARES IBOXX USD HIGH YIELD CORPO 4.30
SPDR BARCLAYS HIGH YIELD BOND ETF 2.46
ISHARES US PREFERRED STOCK ETF 0.57
ISHARES IBOXX $ INV GRADE CORPORAT 0.39
LIBERTY MUTUAL GROUP INC 144A 7.8 03/07/2087 0.25
ROYAL BANK OF SCOTLAND PLC 6 12/19/2023 0.24
SLOVENIA (REPUBLIC OF) RegS 4.75 05/10/2018 0.24
DEUTSCHE BANK AG 7.5 12/31/2049 0.22
LLOYDS BANKING GROUP PLC 7.5 12/31/2049 0.22
CAPITAL ONE FINANCIAL CORPORATION 5.55 12/31/2049 0.22

Exposure Breakdowns

as of 31-Jul-2015

% of Market Value

US Fixed Income

45.4%

-

US Equity

20.5%

-

Non-US Equity

17.3%

-

Non-US Fixed Income

16.1%

-

Cash and Derivatives

0.9%

-

  • Fund

  • Benchmark

Allocations subject to change.
as of 31-Jul-2015

% of Market Value

North America

68.0%

-

Europe

20.7%

-

Emerging Markets

7.0%

-

Cash and Derivatives

2.9%

-

Japan

1.8%

-

Asia Pac ex Japan

1.7%

-

  • Fund

  • Benchmark

Geographic exposure relates principally to the domicile of the issuers of the securities held in the product, added together and then expressed as a percentage of the product’s total holdings. However, in some instances it can reflect the country where the issuer of the securities carries out much of their business.
as of 31-Jul-2015

% of Market Value

Cash and Derivatives

0.1%

-

AAA Rated

3.8%

-

AA Rated

2.5%

-

A Rated

6.7%

-

BBB Rated

10.0%

-

BB Rated

15.0%

-

B Rated

11.4%

-

CCC Rated

5.1%

-

CC Rated

1.6%

-

C Rated

0.2%

-

D Rated

1.2%

-

Not Rated

3.0%

-

  • Fund

  • Benchmark

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.

Allocations are subject to change.

Ratings

  • Morningstar Rating
     
  • Overall   :
  • 4
  • Overall Morningstar Rating for Multi-Asset Income Fund, CLASS A, as of 31-Jul-2015 rated against 229 Tactical Allocation Funds.
  • Lipper Leader Ratings
  • Expense   :
     
  • Preservation   :
     
  • 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 31-Jul-2015 out of 383, 3,910, 390, 144 and 390 Funds, respectively in Lipper's Flexible Portfolio Funds classification.

KEY FACTS

Size of Class (Millions)

as of 27-Aug-2015

$3,526.6 M
Size of Fund (Millions)

as of 27-Aug-2015

$11,833.3 M
Asset Class MultiAsset
Morningstar Category Tactical Allocation
Lipper Classification Flexible Portfolio Funds
Benchmark Index 50% MSCI World Ind(Net TR)/50% Bar US Agg Ind
CUSIP 09256H351
Inception Date Apr 7, 2008

Net, Including Investment Related Expenses   0.84%
Net, Excluding Investment Related Expenses 0.80%
Expense Ratio 0.99%

Max Offer Price

as of 27-Aug-2015

$11.35
Number of Holdings

as of 30-Jun-2015

3,890
Distribution Frequency   Monthly
Open to New Investors Yes
Turnover Percent

as of 31-Jul-2015

146%

PORTFOLIO CHARACTERISTICS

R-Squared (3y)

as of 31-Jul-2015

89.96
Sharpe Ratio (3y)  

as of -

-
Beta (3y)

as of 31-Jul-2015

0.85
Standard Deviation (3y)  

as of -

-

30 Day SEC Yield  

as of 30-Jun-2015

4.65%
Unsubsidized 30-Day SEC Yield  

as of 30-Jun-2015

4.52%

Effective Duration  

as of 31-Jul-2015

2.52 yrs
Worst 3-Month Return Over the Last 3 Years

3 months ending 31-Aug-2013

-2.36%
Best 3-Month Return Over the Last 3 Years

3 months ending 30-Nov-2013

5.20%

This information must be preceded or accompanied by a current prospectus. For standardized performance, please click on the "Returns" tab above.

More Products

Carefully consider the Funds' investment objectives, risk factors, and charges and expenses before investing. This and other information can be found in the Funds' prospectuses or, if available, the summary prospectuses which may be obtained by visiting the iShares ETF and BlackRock Fund prospectus pages. Read the prospectus carefully before investing.

The fund is actively managed and its characteristics will vary.

Stock and bond values fluctuate in price so the value of your investment can go down depending on market conditions.

Fund of funds are subject to the risks associated with the underlying BlackRock funds in which it invests.

International investing involves special risks including, but not limited to currency fluctuations, illiquidity and volatility. These risks may be heightened for investments in emerging markets.

Fixed income risks include interest-rate and credit risk. Typically, when interest rates rise, there is a corresponding decline in bond values. Credit risk refers to the possibility that the bond issuer will not be able to make principal and interest payments.

Non-investment-grade debt securities (high-yield/junk bonds) may be subject to greater market fluctuations, risk of default or loss of income and principal than higher rated securities.

Asset allocation strategies do not assure profit and do not protect against loss.

Non-diversification of investments means that more assets are potentially invested in fewer securities than if investments were diversified, so risk is increased because each investment has a greater effect on performance.

The fund may use derivatives to hedge its investments or to seek to enhance returns. Derivatives entail risks relating to liquidity, leverage and credit that may reduce returns and increase volatility.

Performance results reflect past performance and are no guarantee of future results. Investment return and principal value of shares will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. All returns assume reinvestment of all dividends. Performance information shown without sales charge would have been lower if the applicable sales charge had been included. Performance during periods of exceptional market conditions should not be expected to be repeated in a normal market environment. Current performance may be lower or higher than the performance data quoted.

Investing involves risk, including possible loss of principal.

Fund details, holdings and characteristics are as of the date noted and subject to change.

Yields are based on income earned for the period cited and on the Fund's NAV at the end of the period.

Some BlackRock funds make distributions of ordinary income and capital gains at calendar year end. Those distributions temporarily cause extraordinarily high yields. There is no assurance that a fund will repeat that yield in the future. Subsequent monthly distributions that do not include ordinary income or capital gains in the form of dividends will likely be lower.

The Funds are distributed by BlackRock Investments, LLC (together with its affiliates, “BlackRock”).

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USR-3384