Cash

BMMXX

BlackRock Wealth Liquid Environmentally Aware 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. 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 to day. 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. The Fund may impose a fee upon the 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.
 
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.  Visit www.blackrock.com/cash for current month-end returns.
Performance chart data not available for display.
Performance chart data not available for display.

Key Facts

Key Facts

Size of Class (Millions) as of 15-Oct-2021 $0.0
Size of Fund (Millions) as of 15-Oct-2021 $1,518.1
Base Currency U.S. Dollar
Performance Start Date 29-Jul-2019
Domicile United States
CUSIP 09258N166
Fund Code 02062
Net Expense Ratio 0.20%
Gross Expense Ratio 0.58%
Minimum Initial Investment $1,000
Trading Deadline 4:00 p.m. (ET)
Asset Class Prime
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 14-Oct-2021 35.0%
Weekly Liquid Assets as of 14-Oct-2021 49.7%
Weighted Average Maturity as of 14-Oct-2021 48 days
Weighted Average Life as of 14-Oct-2021 74 days
Daily Distribution Factor as of 15-Oct-2021 0.000000272
Net Shareholder Flows as of 15-Oct-2021 -$235,455
1-day Yield as of 15-Oct-2021 0.01%
Unsubsidized 1-day Yield as of 15-Oct-2021 -0.46%
7-day Yield as of 15-Oct-2021 0.01%
Unsubsidized 7-day Yield as of 15-Oct-2021 -0.46%
7-day SEC Yield as of 15-Oct-2021 0.01%
7-day Unsubsidized SEC Yield as of 15-Oct-2021 -0.46%
30-day Yield as of 15-Oct-2021 0.01%
Unsubsidized 30-day Yield as of 15-Oct-2021 -0.46%
30-day SEC Yield as of 15-Oct-2021 0.01%
Unsubsidized 30-day SEC Yield as of 15-Oct-2021 -0.46%
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.

Business Involvement

Business Involvement

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 fund's investment strategy, please see the fund's prospectus.


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

MSCI - Controversial Weapons as of 30-Sep-2021 0.00%
MSCI - UN Global Compact Violators as of 30-Sep-2021 0.00%
MSCI - Nuclear Weapons as of 30-Sep-2021 0.00%
MSCI - Thermal Coal as of 30-Sep-2021 0.00%
MSCI - Civilian Firearms as of 30-Sep-2021 0.00%
MSCI - Oil Sands as of 30-Sep-2021 0.00%
MSCI - Tobacco as of 30-Sep-2021 0.00%

Business Involvement Coverage as of 30-Sep-2021 61.47%
Percentage of Fund not covered as of 30-Sep-2021 38.53%
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 0.00% and for Oil Sands 0.00%.

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 fund's 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

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

Fund Ratings

Moody's
Aaa-mf
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.

Exposure Breakdowns

Exposure Breakdowns

as of 14-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 14-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 14-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 14-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.

Eric Hiatt, CFA, FRM
Managing Director, Portfolio Manager

Eric D. Hiatt, CFA, FRM, Managing Director and portfolio manager, is a member of Cash Management within BlackRock's Global Lending and Liquidity Group.

Edward Ingold, CFA
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.

Portfolio Manager

Literature

Literature

 

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