Fixed Income

WOBAX

BlackRock Core Bond Option (529 Ohio)

Overview

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Performance

Performance

  1y 3y 5y 10y
11.19 -1.88 0.00 1.27
7.86 -2.87 -0.61 0.96
Benchmark (%) 11.57 -1.39 0.33 1.84
  YTD 1m 3m 1y 3y 5y 10y
4.31 1.25 5.02 11.19 -5.54 0.00 13.48
1.18 -1.79 1.87 7.86 -8.38 -3.00 10.07
Benchmark (%) 4.45 1.34 5.20 11.57 -4.11 1.67 20.04
  2019 2020 2021 2022 2023
Total Return (%) 7.73 8.04 -2.35 -13.74 5.41
Annual w/ Sales Charge (%) 3.42 3.72 -6.25 -17.19 2.25
Benchmark (%) 8.72 7.51 -1.54 -13.01 5.53

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 September 30, 2022 are the returns of the Fund when it followed different investment strategies under the name “Wells Fargo Core Bond Option.”

Click here for Distribution data

Key Facts

Key Facts

Size of Fund (Millions)
as of Dec 13, 2024
$47.8 M
Share Class launch date
Oct 05, 2009
Benchmark Index
BBG U.S. Aggregate Index
CUSIP
19452P461
Open to New Investors
Yes
Size of Class (Millions)
as of Dec 13, 2024
$42.5 M
Asset Class
Fixed Income
Distribution Frequency
None
Max Offer Price
as of Dec 13, 2024
$13.88

Portfolio Characteristics

Portfolio Characteristics

30 Day SEC Yield
as of -
-
R-Squared (3y)
as of Oct 31, 2024
0.00
Beta (3y)
as of Oct 31, 2024
0.00
Unsubsidized 30-Day SEC Yield
as of -
-
Nominal WAL
as of Nov 29, 2024
9.43 yrs
Alpha (3y)
as of Oct 31, 2024
0.00
Fund Standard Deviation (3y)
as of Oct 31, 2024
0.00
Average Coupon
as of Nov 29, 2024
0.08%
Effective Duration
as of Nov 29, 2024
6.34 yrs
This information must be preceded or accompanied by a current prospectus. For standardized performance, please see the Performance section above.

Fees

Fees

as of current program description
Gross Expense Ratio 1.09%
Net Expense Ratio 1.09%

Net Expense Ratio excluding Investment Related Expenses is 0.39%

  • Acquired Fund Fees and Expenses 0.70%
  • Interest expense 0.00%

Holdings

Holdings

Name Market Value Weight (%) Shares Maturity Coupon (%)
as of Nov 29, 2024
Name Weight (%)
N/A Issuer Name 99.79
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

as of Nov 29, 2024

% of Market Value

Type Fund Benchmark Net
as of Jul 31, 2024

% of Market Value

Type Fund Benchmark Net
as of Jul 31, 2024

% 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. Certain transactions the funds may utilize may give rise to a form of leverage through either (a) additional market exposure or (b) borrowing capital in an attempt to increase investment return. The use of such transactions includes certain leverage-related risks, including potential for higher volatility, greater decline of the fund’s net asset value and fluctuations of dividends and distributions paid by the fund.

Allocations are subject to change.

Portfolio Managers

Portfolio Managers

Rick Rieder
Chief Investment Officer of Global Fixed Income

        

Chi Chen
Managing Director

    

Akiva Dickstein
Managing Director, Global Fixed Income, Head of Customized Multi-Sector Portfolios, Head of Short Duration

    

David Rogal
Managing Director, Global Fixed Income, Head of Core and Core Plus Fixed Income Strategies, Head of Inflation Linked Portfolios

 

 

Portfolio Manager

Literature

Literature

 

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