Fixed Income

BOSBX

Strategic Income Opportunities 529 Option

Overview

Loading

Performance

Performance

Growth of Hypothetical $10,000

Performance chart data not available for display.
View full chart

Distributions

This fund does not have any distributions.
  1y 3y 5y 10y Incept.
5.23 -0.23 2.05 - 1.88
4.23 -0.23 2.05 - 1.88
Benchmark (%) 2.67 -2.11 0.69 - 1.68
Morningstar Category Avg. (%) 4.05 0.56 1.63 - -
Morningstar Ranking 53/182 122/170 51/147 - -
Morningstar Quartile 1 3 2 - -
  YTD 1m 3m 1y 3y 5y 10y Incept.
0.53 0.88 0.53 5.23 -0.69 10.67 - 19.78
-0.48 -0.12 -0.48 4.23 -0.69 10.67 - 19.78
Benchmark (%) -0.47 0.98 -0.47 2.67 -6.20 3.47 - 17.56
Morningstar Category Avg. (%) 0.68 0.59 0.68 4.05 1.68 8.40 - -
  2019 2020 2021 2022 2023
Total Return (%) 6.35 6.06 -0.17 -6.77 6.14
Benchmark (%) 9.29 7.58 -1.10 -12.99 6.17
Morningstar Category Avg. (%) 4.95 3.50 0.46 -4.71 5.27

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.

Key Facts

Key Facts

Size of Class (Millions) as of Apr 24, 2024 $1.2 M
Size of Fund (Millions) as of Apr 24, 2024 $23.0 M
Share Class launch date Jul 15, 2014
Asset Class Fixed Income
Benchmark Index BBG U.S. Universal Index (USD)
CUSIP 67776G568
Max Offer Price as of Apr 24, 2024 $11.32
Open to New Investors No
Expenses as of current program description

Portfolio Characteristics

Portfolio Characteristics

Alpha (3y) as of Mar 31, 2024 0.07
R-Squared (3y) as of Mar 31, 2024 82.86
Beta (3y) as of Mar 31, 2024 0.51
30 Day SEC Yield as of Mar 28, 2024 3.27%
Yield to Maturity as of Mar 28, 2024 5.81%
Yield to Worst as of Mar 28, 2024 5.73%
Nominal WAL as of Mar 28, 2024 9.28 yrs
Effective Duration 3.67 yrs
Fund Standard Deviation (3y) as of Mar 31, 2024 3.99
This information must be preceded or accompanied by a current program description. For standardized performance, please see the Performance section above.

Fees

Fees

as of current program description
Gross Expense Ratio 1.74%
Net Expense Ratio 1.74%

Net Expense Ratio excluding Investment Related Expenses is 1.14%

  • Acquired Fund Fees and Expenses 0.60%
  • Interest expense 0.00%

Ratings

Holdings

Holdings

as of Mar 28, 2024
Name Weight (%)
STRATEGIC INCOME OPPORTUNITIES PORTFOLIO 99.89
The portfolio holds a mutual fund and/or an ETF. Top holdings from the underlying vehicles are listed above for greater visibility

Exposure Breakdowns

Exposure Breakdowns

as of Mar 28, 2024

% of Market Value

Type Fund Benchmark Net
as of Mar 28, 2024

% of Market Value

Type Fund Benchmark Net
as of Mar 28, 2024

% of Market Value

Type Fund Benchmark Net
as of Mar 28, 2024

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of Feb 28, 2020

% of Market Value

Type Fund
as of Mar 28, 2024

% of Market Value

Type Fund Benchmark Net
as of Feb 28, 2020

% 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.

Portfolio Managers

Portfolio Managers

Rick Rieder
Chief Investment Officer of Global Fixed Income

        

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

 

 

Rick Rieder
Chief Investment Officer of Global Fixed Income

        

Portfolio Manager

Literature

Literature

 

There are many ways to access BlackRock Funds, learn how you can add them to your portfolio