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PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS.
Disclosures related to institutional prime and institutional municipal money market funds: You could lose money by investing in the Fund. Because the share price of the Fund will fluctuate, when you sell your shares they may be worth more or less than what you originally paid for them. The Fund may impose a fee upon sale of your shares or may temporarily suspend your ability to sell shares if the Fund's liquidity falls below required minimums because of market conditions or other factors. 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.
Disclosures related to retail money market funds: 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. The Fund may impose a fee upon sale of your shares or may temporarily suspend your ability to sell shares if the Fund's liquidity falls below required minimums because of market conditions or other factors. 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.
Disclosures related to government money market funds: 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.
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BlackRock PPIP, L.P. - Luxury Expense Policy
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Dated: July 2017.
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Overview
Performance
Performance
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Key Facts
Key Facts
Size of Class (Millions)
as of 26-May-2023
$2,156.5
Size of Fund (Millions)
as of 26-May-2023
$2,156.5
Base Currency
U.S. Dollar
Performance Start Date
18-Apr-2017
Domicile
United States
Fund Code
-
Trading Deadline
3:00 PM (ET)
Asset Class
Prime
Portfolio Characteristics
Portfolio Characteristics
Daily Liquid Assets
as of 26-May-2023
39.2%
Weekly Liquid Assets
as of 26-May-2023
45.4%
Net Shareholder Flows
as of 26-May-2023
-$135,290,397
Unsubsidized 1-day Yield
as of -
-
Unsubsidized 7-day Yield
as of -
-
7-day Unsubsidized SEC Yield
as of -
-
Unsubsidized 30-day Yield
as of -
-
Unsubsidized 30-day SEC Yield
as of -
-
ESG Integration
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 considers ESG information in the research, security selection and portfolio review stages of the investment process. The Fund manager conducts bi-weekly credit meetings, wherein each credit is examined through an internal relative value analysis, which contains qualitative governance considerations combined with environmental, societal and governance metrics derived from third-party data providers. The Fund manager conducts regular portfolio risk reviews with Risk and Quantitative Analysis group. These reviews include discussion of the portfolio’s exposure to material ESG risks.
Fund Ratings
Exposure Breakdowns
Exposure Breakdowns
as of 26-May-2023
% of Weight
as of 26-May-2023
% of Weight
as of 26-May-2023
% of Weight
as of 26-May-2023
% of Weight
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.
Portfolio Managers
Portfolio Managers
Vice President, Portfolio Manager
Murdoch M. Johnson IV, Vice President and portfolio manager, is a member of Cash Management within BlackRock’s Global Lending and Liquidity Group.
Director, Portfolio Manager
Edward C. Ingold, CFA, Director and portfolio manager, is a member of Cash Management within BlackRock's Global Lending and Liquidity Group.
Christina Hurley, CFA
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
Important Information
Review the MSCI methodology behind the Sustainability Characteristics and Business Involvement metrics: 1ESG Fund Ratings; 2Index Carbon Footprint Metrics; 3Business Involvement Screening Research; 4ESG Screened Index Methodology; 5ESG Controversies; 6MSCI Implied Temperature Rise
For funds with an investment objective that include the integration of ESG criteria, there may be corporate actions or other situations that may cause the fund or index to passively hold securities that may not comply with ESG criteria. Please refer to the fund’s prospectus for more information. The screening applied by the fund's index provider may include revenue thresholds set by the index provider. The information displayed on this website may not include all of the screens that apply to the relevant index or the relevant fund. These screens are described in more detail in the fund’s prospectus, other fund documents, and the relevant index methodology document.
Certain information contained herein (the “Information”) has been provided by MSCI ESG Research LLC, a RIA under the Investment Advisers Act of 1940, and may include data from its affiliates (including MSCI Inc. and its subsidiaries (“MSCI”)), or third party suppliers (each an “Information Provider”), and it may not be reproduced or redisseminated in whole or in part without prior written permission. The Information has not been submitted to, nor received approval from, the US SEC or any other regulatory body. The Information may not be used to create any derivative works, or in connection with, nor does it constitute, an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. Some funds may be based on or linked to MSCI indexes, and MSCI may be compensated based on the fund’s assets under management or other measures. MSCI has established an information barrier between equity index research and certain Information. None of the Information in and of itself can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided “as is” and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information. Neither MSCI ESG Research nor any Information Party makes any representations or express or implied warranties (which are expressly disclaimed), nor shall they incur liability for any errors or omissions in the Information, or for any damages related thereto. The foregoing shall not exclude or limit any liability that may not by applicable law be excluded or limited.
This material is provided for educational purposes only and is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy.
Weighted Average Maturity (WAM): Calculated by the final maturity for a security and the interest rate reset date held in the portfolio. This is a way to measure a fund’s sensitivity to potential interest rate changes.
Weighted Average Life (WAL): Measurement of a fund’s sensitivity to a deteriorating credit environment; potential credit spread changes or tightening liquidity conditions. The WAL calculation is based on a security’s stated final maturity date or, when relevant, the date of the demand feature when the fund may receive payment of principal and interest.
Prepared by BlackRock Investments, LLC, member FINRA.
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Although BlackRock shall obtain data from sources that BlackRock considers reliable, all data contained herein is provided “as is” and BlackRock makes no representation or warranty of any kind, either express or implied, with respect to such data, the timeliness thereof, the results to be obtained by the use thereof or any other matter. BlackRock expressly disclaims any and all implied warranties, including without limitation, warranties of originality, accuracy, completeness, timeliness, non-infringement, merchantability and fitness for a particular purpose.
BlackRock provides compensation in connection with obtaining or using third-party ratings and rankings.
Red Oak # (L-MMS)