Fixed Income

BIIIX

Impact Bond Fund

Overview

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Performance

Performance

  • Returns

  1y 3y 5y 10y Incept. Performance data for certain classes of shares of certain funds are based on pre-class inception information dating back to an older class of fund shares. This information may be considered when assessing a fund's performance, but it does not represent actual performance of these classes of shares. The inception date noted under Key Fund Facts is the date the class of shares was incepted. See fund prospectus or fact sheet for details.
-1.47 - - - -0.51
Benchmark (%) Index: BBG Barc U.S. Aggregate Index.<br /><br /> Index returns are for illustrative purposes only. Index performance returns do not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index. Past performance does not guarantee future results. -1.22 - - - -0.60
Morningstar Category Avg. (%) Intermediate-Term Bond -1.06 1.65 2.14 4.21 -
Lipper Ranking Rankings are based on total return excluding sales charges. 35/47 - - - -
Lipper Quartile Rankings are based on total return excluding sales charges. 3 - - - -
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.

Growth of Hypothetical $10,000 The growth of hypothetical $10,000 chart reflects a hypothetical $10,000 investment and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees and other expenses were deducted.

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Distributions

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BlackRock Fixed Income Funds Delivered
19 of 25 U.S. bond funds, accounting for 97% of our assets, outperformed within their Morningstar peer groups*

22 of 25 U.S. bond funds, accounting for 88% of our fixed income funds, are priced in the least expensive quartile
See the numbers See the numbers

Key Facts

Key Facts

Size of Class (Millions) as of Nov 13, 2018 $23.1 M
Size of Fund (Millions) as of Nov 13, 2018 $23.8 M
Share Class launch date Aug 23, 2016
Asset Class Fixed Income
Morningstar Category Intermediate-Term Bond
Lipper Classification General Bond Funds
Benchmark Index BBG Barc U.S. Aggregate Index
CUSIP 09260C877
Number of Holdings as of Oct 31, 2018 331
Max Offer Price as of Nov 13, 2018 $9.31
Open to New Investors Yes
Turnover Percent as of Oct 31, 2018 530%

Portfolio Characteristics

Portfolio Characteristics

R-Squared (3y) as of Oct 31, 2018 0.00
Beta (3y) as of Oct 31, 2018 0.00
Average Coupon as of Oct 31, 2018 3.65%
Nominal WAL as of Oct 31, 2018 4.97 yrs

For the latest month-end Distribution Yield, click here.


This information must be preceded or accompanied by a current prospectus. For standardized performance, please see the Performance section above.

Ratings

Holdings

Holdings

as of Oct 31, 2018
Name Weight (%)
FEDERAL NATIONAL MORTGAGE ASSOCIATION 18.29
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION II 8.54
FEDERAL HOME LOAN MORTGAGE CORPORATION 4.02
FEDERAL HOME LOAN MORTGAGE CORPORATION -GOLD 2.96
MORGAN STANLEY 1.87
Name Weight (%)
JPMORGAN CHASE & CO 1.19
GOLDMAN SACHS GROUP INC/THE 1.17
CITIGROUP INC 1.01
NVIDIA CORPORATION 1.00
CHARTER COMMUNICATIONS OPERATING LLC 0.97

Exposure Breakdowns

Exposure Breakdowns

as of Oct 31, 2018

% of Market Value

Type Fund Benchmark Net
as of Oct 31, 2018

% of Market Value

Type Fund Benchmark Net
as of Oct 31, 2018

% of Market Value

Type Fund Benchmark Net
as of Oct 31, 2018

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of Oct 31, 2018

% of Market Value

Type Fund Benchmark Net
as of Oct 31, 2018

% of Market Value

Type Fund Benchmark Net
as of Oct 31, 2018

% of Market Value

Type Fund Benchmark Net
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.

Portfolio Managers

Portfolio Managers

Scott Radell
Scott Radell
Joel Silva
Joel Silva
Portfolio Manager

Literature

Literature

 

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