BFMSX
Low Duration Bond Fund
Fixed Income
You can trade this ETF now.
-
NAV as of Apr 18, 2024
$8.93
52 WK: 8.77 - 9.03 - 1 Day NAV Change as of Apr 18, 2024 0.00 (0.00%)
- NAV Total Return as of Apr 18, 2024 YTD: 0.44%
-
BRONZE
Overview
About this Fund
- Bonds with Less Interest Rate Risk
- Access BlackRock's Deep Bond Expertise
- Seeking Income with Stability
Investment Approach
Invests at least 65% of its assets in investment grade bonds and maintains an average portfolio duration that is between 0-3 years. The Fund may invest up to 35% of its assets in non-investment grade bonds. The Fund may also invest up to 35% of its assets in foreign issuers, of which 10% may be invested in emerging markets issuers. Up to 10% of the Fund’s assets may be exposed to non-U.S. currency risk.