Cash

BEMXX

BLF T-Fund

Overview

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Performance

Performance


The daily Mark-to-Market Net Asset Value (“MTM NAV”) chart is provided in accordance with the Securities and Exchange Commission’s Rule 2a-7 of the Investment Company Act of 1940, and reflects fund level data. The Mark-to-Market NAV value should not be viewed as indicative of future MTM NAVs or the future performance of any of the funds and should not be relied upon for purposes of making an investment decision. The MTM NAV may change from day today. The MTM NAV does not reflect the price at which an investor may transact in the Fund. Values in the chart above represent the actual fund MTM NAV and are rounded to 4 decimal places, which could cause chart variances.
 
You could lose money by investing in the Fund. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund’s sponsor has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time.
 
Past performance does not guarantee future results.
Performance chart data not available for display.
Performance chart data not available for display.

Key Facts

Key Facts

Size of Class (Millions) as of 26-Oct-2021 $13.0
Size of Fund (Millions) as of 26-Oct-2021 $122,444.9
Base Currency U.S. Dollar
Performance Start Date 31-Dec-1986
Domicile United States
CUSIP 09250C309
Fund Code -
Net Expense Ratio 0.17%
Gross Expense Ratio 0.19%
Minimum Initial Investment $3,000,000
Trading Deadline 5:00 p.m. (ET)
Asset Class Government
Regulatory Links
Public Filings
Form N-MFP
Expenses are as of the most current prospectus. BlackRock may contractually agree to waive or reimburse certain fees until a specified date. Contractual waivers are terminable upon 90 days’ notice by a majority of the funds non-interested trustees or by a vote of the majority of the outstanding voting securities of the fund. The investment advisor and/or other service providers may also voluntarily agree to waive certain fees and expenses which can be discontinued at any time without notice. When waivers or reimbursements are in place, the operating expenses are reduced and total returns to the shareholder in the fund increase. Please see the prospectus for additional information.

Portfolio Characteristics

Portfolio Characteristics

Daily Liquid Assets as of 25-Oct-2021 95.3%
Weekly Liquid Assets as of 25-Oct-2021 100.0%
Weighted Average Maturity as of 25-Oct-2021 19 days
Weighted Average Life as of 25-Oct-2021 71 days
Daily Distribution Factor as of 26-Oct-2021 0.000000140
Net Shareholder Flows as of 26-Oct-2021 $905,216,666
1-day Yield as of 26-Oct-2021 0.01%
Unsubsidized 1-day Yield as of 26-Oct-2021 -0.12%
7-day Yield as of 26-Oct-2021 0.01%
Unsubsidized 7-day Yield as of 26-Oct-2021 -0.12%
7-day SEC Yield as of 26-Oct-2021 0.01%
7-day Unsubsidized SEC Yield as of 26-Oct-2021 -0.12%
30-day Yield as of 26-Oct-2021 0.01%
Unsubsidized 30-day Yield as of 26-Oct-2021 -0.12%
30-day SEC Yield as of 26-Oct-2021 0.01%
Unsubsidized 30-day SEC Yield as of 26-Oct-2021 -0.12%
The daily shareholder flows data is provided in accordance with the Rule 2a-7 of the Investment Company Act of 1940. If there are no or net zero daily shareholder flows for a given business day, the chart will not reflect a data point for that business day.

Fund Ratings

Fund Ratings

Moody'sS&P
Aaa-mfAAAm
This Fund fits an exemption from that rule which permits a state regulated insurance company to report shares of this fund as debt. Representatives of state regulated insurance companies should contact the NAIC's Securities Valuation Office for further information on the criteria for listing on the U.S. Direct Obligations / Full Faith and Credit Exempt List.
Ratings by S&P and/or Moody's apply to the credit quality of a fund’s portfolio and are not a recommendation to buy, sell or hold securities of a fund, are subject to change and do not remove market risks associated with investments in the fund. For complete information on the methodology used by each rating agency, please visit the S&P or Moody's websites.

Holdings

Holdings

Position Description %Par Par Amortized Cost Identifier Yield/Coupon Final Maturity Maturity/Reset
Holdings shown are unaudited and are based on the fund’s unofficial books and records, and may not be representative of current or future investments. Fund holdings should not be relied on in making investment decisions and should not be construed as research or investment advice regarding particular securities. The holdings report provided represents certain information regarding the traded positions held within the portfolio as of the specified date. It does not include cash, accrued income and/or payables/receivables. The total assets reflected on the holdings report provided will not match to the net asset value of the fund as these items are excluded.

Exposure Breakdowns

Exposure Breakdowns

as of 25-Oct-2021

% of Weight

Type Fund
Sector exposure is calculated by aggregating the percent par of individual securities in the portfolio by security type. BlackRock uses a proprietary process to determine the security type of individual securities, by conducting a thorough analysis of the issuer/obligor, including but not limited to any support providers or enhancers. The values reported include cash, accrued income, and/or payables/receivables which may result in negative weightings from specific circumstances (including timing differences between trade and settle dates of securities purchased by the funds). Allocations are subject to change.
as of 25-Oct-2021

% of Weight

Type Fund
Geographic exposure is calculated by aggregating the percent par of holdings of individual securities in the portfolio based on a hierarchy by security type.  For repurchase agreements, exposure is rolled-up to the counterparty for Other Repurchase agreements.  For US Treasury and US Government Agency repurchase agreements, exposure looks through to the underlying collateral.  For Asset Backed Commercial Paper (“ABCP”), exposure looks to the sponsor level of the ABCP conduit.  For Variable Rate Demand Notes, exposure rolls up to the credit-enhancer.  The Geography report represents BlackRock’s view of each security’s geography risk. The values reported include cash, accrued income, and/or payables/receivables which may result in negative weightings may result from specific circumstances (including timing differences between trade and settle dates of securities purchased by the funds).  Allocations are subject to change.
as of 25-Oct-2021

% of Weight

Type Fund
Maturity is provided in days. Maturity exposure is calculated by aggregating the percent par of holdings of individual securities in the portfolio by the legal final maturity date, or for securities that have a demand feature, the date in which the demand feature is exercised and proceeds received.  The values reported include cash, accrued income, and/or payables/receivables which may result in negative weightings may result from specific circumstances  (including timing differences between trade and settle dates of securities purchased by the funds). Allocations are subject to change.
as of 25-Oct-2021

% of Weight

Type Fund
Credit quality ratings on underlying securities of the fund are received from S&P, Moody’s and Fitch and converted by BlackRock 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. The values reported include cash, accrued income, and/or payables/receivables which may result in negative weightings may result from specific circumstances (including timing differences between trade and settle dates of securities purchased by the funds). Allocations are subject to change.

Portfolio Managers

Portfolio Managers

Rich Mejzak, CFA
Managing Director, Global Head of Portfolio Management for Cash Management

Rich Mejzak, CFA, Managing Director and portfolio manager, is head of Global Portfolio Management for Cash Management within BlackRock's Global Lending and Liquidity Group.

Joseph Markowski
Managing Director, Portfolio Manager

Joseph Markowski, Managing Director and portfolio manager, is a member of Cash Management within BlackRock's Global Lending and Liquidity Group.

Eion D'Anjou
Director, Portfolio Manager

Eion D'Anjou, Director and portfolio manager, is a member of Cash Management within BlackRock's Global Lending and Liquidity Group.

Christopher Linsky
Vice President, Portfolio Manager

Christopher Linsky, Vice President and portfolio manager, is a member of Cash Management within BlackRock's Global Lending and Liquidity Group.

Portfolio Manager

Literature

Literature

 

How to Buy BlackRock Cash Management Funds

How to Buy BlackRock Cash Management Funds

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