Multi Asset

BAICX

Multi-Asset Income Fund

Overview

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Performance

Performance

  1y 3y 5y 10y
17.78 2.80 4.40 4.27
11.60 0.97 3.28 3.71
Morningstar Category Avg. (%) 18.42 1.30 4.56 4.43
Morningstar Ranking 269/453 159/440 292/403 201/300
Morningstar Quartile 3 2 4 3
Lipper Category Avg. (%) 21.14 3.97 6.89 5.52
Lipper Ranking 313/431 267/400 295/353 192/243
Lipper Quartile 3 3 4 4
  YTD 1m 3m 1y 3y 5y 10y
9.07 1.38 5.60 17.78 8.65 24.00 51.86
3.35 -3.94 0.06 11.60 2.95 17.49 43.89
Morningstar Category Avg. (%) 7.72 -1.89 1.22 18.42 8.05 28.42 58.76
Lipper Category Avg. (%) 11.83 1.55 5.18 21.14 12.69 40.81 74.51
  2019 2020 2021 2022 2023
Total Return (%) 13.59 6.32 6.87 -11.73 10.80
Annual w/ Sales Charge (%) 7.63 0.74 1.26 -16.36 4.98
Morningstar Category Avg. (%) 14.81 8.86 8.24 -13.31 10.43

Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.

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.

The Fund’s returns prior to November 28, 2011 are the returns of the Fund when it followed different investment strategies under the name “BlackRock Income Portfolio.” 


Click here for Distribution data

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Key Facts

Key Facts

Size of Fund (Millions)
as of Dec 11, 2024
$10,815.6 M
Share Class launch date
Apr 07, 2008
Distribution Frequency
Monthly
Lipper Classification
Flexible Portfolio Funds
Max Offer Price
as of Dec 11, 2024
$10.88
Turnover Percent in the Annual Report
as of Jul 31, 2024
83%
Size of Class (Millions)
as of Dec 11, 2024
$3,738.7 M
Asset Class
Multi Asset
Morningstar Category
Moderately Conservative Allocation
CUSIP
09256H351
Open to New Investors
Yes

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of Nov 29, 2024
3,620
Modified Duration
as of Nov 29, 2024
2.74 yrs
Fund Standard Deviation (3y)
as of Nov 30, 2024
9.31
Unsubsidized 30-Day SEC Yield
as of Nov 30, 2024
5.02%
Weighted Avg Maturity
as of Nov 29, 2024
2.40 yrs
Worst 3-Month Return Over the Last 3 Years
3 months ending Jun 30, 2022
-9.26%
30 Day SEC Yield
as of Nov 30, 2024
5.11%
R-Squared (3y)
as of Nov 30, 2024
95.21
Beta (3y)
as of Nov 30, 2024
0.78
Effective Duration
as of Nov 29, 2024
2.37 yrs
Best 3-Month Return Over the Last 3 Years
3 months ending Jan 31, 2024
9.86%

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.

ESG Integration

ESG Integration

BlackRock considers many investment risks in our processes. In order to seek the best risk-adjusted returns for our clients, we manage material risks and opportunities that could impact portfolios, including financially material Environmental, Social and/or Governance (ESG) data or information, where available. See our Firm Wide ESG Integration Statement for more information on this approach and fund documentation for how these material risks are considered within this product, where applicable.

Fees

Fees

as of current prospectus
Gross Expense Ratio 0.92%
Net Expense Ratio 0.82%

Net Expense Ratio excluding Investment Related Expenses is 0.80%

  • Acquired Fund Fees and Expenses 0.02%
  • Interest expense 0.00%

Ratings

Ratings

Morningstar Medalist Rating

Morningstar Medalist Rating - BRONZE
Morningstar has awarded the Fund a Bronze medal. (Effective May 03, 2024)
Analyst-Driven % as of May 03, 2024
100.00
Data Coverage % as of May 03, 2024
100.00

Lipper Leader

 
 
 
Overall Lipper Leaders ratings based on an equal-weighted average of percentile ranks for each measure over 3-, 5-, and 10-year periods (if applicable) and do not take into account the effects of sales charges for these categories (Consistent Return, Preservation, Total Return, Expense, and Tax Efficiency) as of Nov 30, 2024 out of 393, 4,406, 397, 116 and 397 Funds, respectively in Lipper's Flexible Portfolio Funds classification.

Holdings

Holdings

as of Nov 29, 2024
Name Weight (%)
ISHARES CORE DIVIDEND GROWTH ETF 2.27
MICROSOFT CORP 0.88
MICROSOFT CORP - ELN 0.71
NVIDIA CORP - ELN 0.56
AMAZON COM INC - ELN 0.50
Name Weight (%)
ALPHABET INC CLASS A - ELN 0.49
APPLE INC - ELN 0.47
TAIWAN SEMICONDUCTOR MANUFACTURING 0.43
UNITEDHEALTH GROUP INC 0.37
ASTRAZENECA PLC 0.36
as of Nov 29, 2024
Name Weight (%)
ISHARES IBOXX $ HIGH YIELD CORPORA 2.19
ISHARES 5-10 YR INV GRD CRP BD ETF 1.99
BX_24-AIRC A 144A 0.18
HOUSTON CENTER (BSREP II HOUSTON) CML Prvt 0.17
BAMLL_24-BHP A 144A 0.16
Name Weight (%)
BGCLO_24-9A A1 144A 0.16
BSP_19-19AR AR 144A 0.16
CIFC_19-5A A1R1 144A 0.15
BAHA_24-MAR A 144A 0.14
ABBSL_21-2A A 144A 0.14
Name Market Value Weight (%) Shares
Holdings are subject to change. Fund holdings and allocations shown are unaudited, and may not be representative of current or future investments. The Fund is actively managed and its details, holdings and characteristics will vary. Holdings shown should not be deemed as a recommendation to buy or sell securities. The user relies on this data at its own risk and neither BlackRock nor any other party makes any representations or express or implied warranties (which are expressly disclaimed) nor shall they incur any liability for any errors or omissions in the data.

Exposure Breakdowns

Exposure Breakdowns

Sorry, countries/regions are not available at this time.
as of Nov 29, 2024

% of Market Value

Type Fund
as of Nov 29, 2024

% of Market Value

Type Fund
Allocations subject to change.
as of Nov 29, 2024

% of Market Value

Type Fund
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.

Tactical asset allocation in action

See how Multi-Asset Income Fund manages income for a better outcome.
Tactical asset allocation in action

Portfolio Managers

Portfolio Managers

Justin Christofel, CFA
Co-Head of Income Investing, Multi-Asset Strategies & Solutions

   

Alex Shingler, CFA
Co-Head of Income Investing, Multi-Asset Strategies & Solutions

     

Portfolio Manager

Team's Commentary

Get timely market outlooks, thought leadership and portfolio positioning insights from the investment team.

Read the Team's Commentary

Literature

Literature

 

Funds related to BAICX

Funds related to BAICX

BDHIX
Dynamic High Income Fund
MALOX
Global Allocation Fund
BSIIX
Strategic Income Opportunities Fund
IYLD
iShares Morningstar Multi-Asset Income ETF

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