Fixed Income

BIIIX

Impact Bond Fund

Overview

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Performance

Performance

  • Returns

  1y 3y 5y 10y
- - - -
Morningstar Category Avg. (%) Intermediate-Term Bond 0.80 2.38 2.50 4.39
  2012 2013 2014 2015 2016
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund. - - - - -
Morningstar Category Avg. (%) Intermediate-Term Bond 7.01 -1.42 5.18 -0.26 3.23


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
15 of 23 U.S. bond funds, accounting for 89% of assets, have 1st quartile performance*
20 of 23 U.S. bond funds, accounting for 87% 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 Aug 17, 2017 $19.8 M
Size of Fund (Millions) as of Aug 17, 2017 $20.0 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 09258N539
Contractual End Date Sep 30, 2018
Number of Holdings as of Jul 31, 2017 287
Max Offer Price as of Aug 17, 2017 $9.83
Open to New Investors Yes

Portfolio Characteristics

Portfolio Characteristics

R-Squared (3y) as of Jul 31, 2017 0.00
Beta (3y) as of Jul 31, 2017 0.00
Average Coupon as of Jul 31, 2017 4.62%
Nominal WAL as of Jul 31, 2017 5.59 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 Jul 31, 2017
Name Weight (%)
FEDERAL NATIONAL MORTGAGE ASSOCIATION 23.47
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION II 12.68
FEDERAL HOME LOAN MORTGAGE CORPORATION - GOLD 10.79
MORGAN STANLEY 1.98
GOLDMAN SACHS GROUP INC/THE 1.58
Name Weight (%)
BANK OF NOVA SCOTIA 1.40
TORONTO-DOMINION BANK/THE 1.28
ROYAL BANK OF CANADA 1.21
HEWLETT PACKARD ENTERPRISE CO 1.18
AMERICAN TOWER CORPORATION 1.03

Exposure Breakdowns

Exposure Breakdowns

as of Jul 31, 2017

% of Market Value

Type Fund Benchmark Net
as of Jul 31, 2017

% of Market Value

Type Fund Benchmark Net
as of Jul 31, 2017

% of Market Value

Type Fund Benchmark Net
as of Jul 31, 2017

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of Jul 31, 2017

% of Market Value

Type Fund Benchmark Net
as of Jul 31, 2017

% of Market Value

Type Fund Benchmark Net
as of Jul 31, 2017

% 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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