BlackRock High Yield Bond Inv A
- BHYAX
- Price as of: Nov 27, 2020
-
$7.68
N/A N/A
- Primary Theme
- High Yield Bond
- Fund Company
- BlackRock
- Share Class
BHYAX - Snapshot
Vitals
- YTD Return -1.0%
- 3 Yr Annualized Return 3.7%
- 5 Yr Annualized Return 5.4%
- Net Assets $25.5 B
- Holdings in Top 10 9.8%
52 WEEK LOW AND HIGH
$7.68
$5.97
$7.81
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.94%
SALES FEES
- Front Load 4.00%
- Deferred Load N/A
BROKERAGE FEES
- Turnover 102.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $1,000
- IRA N/A
Fund Classification
-
Primary Theme
High Yield Bond
- Fund Type Open End Mutual Fund
- Investment Style High Yield Bond
BHYAX - Profile
Distributions
- YTD Total Return -1.0%
- 3 Yr Annualized Total Return 2.3%
- 5 Yr Annualized Total Return 4.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 5.58%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameBlackRock High Yield Bond Portfolio
-
Fund Family NameBlackRock
-
Inception DateNov 19, 1998
-
Shares Outstanding176981070
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJames Keenan
BHYAX - Performance
Return Ranking - Trailing
| Period | BHYAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -1.0% | -48.2% | 392.8% | 48.46% |
| 1 Yr | 2.3% | -54.3% | 9.9% | 41.41% |
| 3 Yr | 3.7%* | -21.8% | 8.3% | 24.49% |
| 5 Yr | 5.4%* | -0.9% | 9.0% | 31.84% |
| 10 Yr | 6.0%* | 0.7% | 9.2% | 14.20% |
* Annualized
Return Ranking - Calendar
| Period | BHYAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 9.0% | -10.3% | 226.1% | 23.34% |
| 2018 | -8.6% | -18.4% | -0.2% | 68.49% |
| 2017 | 2.2% | -9.5% | 18.8% | 18.67% |
| 2016 | 7.0% | -9.1% | 28.6% | 63.35% |
| 2015 | -9.5% | -34.3% | 3.5% | 56.07% |
Total Return Ranking - Trailing
| Period | BHYAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -1.0% | -48.2% | 392.8% | 48.46% |
| 1 Yr | -1.8% | -54.3% | 9.9% | 82.50% |
| 3 Yr | 2.3%* | -21.8% | 8.3% | 65.51% |
| 5 Yr | 4.5%* | -1.1% | 9.0% | 58.73% |
| 10 Yr | 5.5%* | 0.7% | 9.2% | 30.02% |
* Annualized
Total Return Ranking - Calendar
| Period | BHYAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2019 | 9.0% | -8.1% | 23.9% | 25.36% |
| 2018 | -8.6% | -18.4% | 1.3% | 75.04% |
| 2017 | 2.4% | -8.5% | 18.8% | 34.83% |
| 2016 | 7.4% | -9.1% | 39.0% | 64.59% |
| 2015 | -8.9% | -32.4% | 3.5% | 55.30% |
NAV & Total Return History
BHYAX - Holdings
Concentration Analysis
| BHYAX | Category Low | Category High | BHYAX % Rank | |
|---|---|---|---|---|
| Net Assets | 25.5 B | 3.33 M | 27.6 B | 0.55% |
| Number of Holdings | 1630 | 1 | 2239 | 1.22% |
| Net Assets in Top 10 | 2.5 B | -492 M | 2.87 B | 0.41% |
| Weighting of Top 10 | 9.76% | 3.4% | 100.0% | 68.14% |
Top 10 Holdings
- iShares Preferred&Income Securities ETF 1.80%
- BlackRock Liquidity T-Fund Instl 1.72%
- SPDR® Blmbg Barclays High Yield Bd ETF 1.47%
- TransDigm, Inc. 6.25% 1.32%
- Xtrackers USD High Yield Corp Bd ETF 0.71%
- iShares Broad USD High Yield Corp Bd ETF 0.63%
- Allied Universal Holdco LLC / Allied Universal Finance Corporation 6.62% 0.57%
- Connect Finco SARL/Connect US Finco LLC 6.75% 0.53%
- Solera, LLC / Solera Finance, Inc. 10.5% 0.53%
- Altice France Holdings S A 10.5% 0.52%
Asset Allocation
| Weighting | Return Low | Return High | BHYAX % Rank | |
|---|---|---|---|---|
| Bonds | 93.08% | 0.00% | 141.18% | 66.89% |
| Convertible Bonds | 2.39% | 0.00% | 19.96% | 20.90% |
| Preferred Stocks | 1.78% | 0.00% | 7.97% | 6.51% |
| Cash | 1.46% | -48.94% | 100.00% | 77.07% |
| Stocks | 1.13% | -28.46% | 28.23% | 17.91% |
| Other | 0.16% | -2.78% | 58.14% | 16.15% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | BHYAX % Rank | |
|---|---|---|---|---|
| Basic Materials | 33.80% | 0.00% | 100.00% | 3.94% |
| Real Estate | 29.19% | 0.00% | 100.00% | 2.41% |
| Communication Services | 13.41% | 0.00% | 100.00% | 16.41% |
| Utilities | 10.91% | 0.00% | 99.51% | 18.82% |
| Healthcare | 10.59% | 0.00% | 100.00% | 12.91% |
| Industrials | 1.66% | 0.00% | 100.00% | 31.95% |
| Financial Services | 0.29% | 0.00% | 100.00% | 22.54% |
| Consumer Cyclical | 0.12% | 0.00% | 100.00% | 35.45% |
| Energy | 0.02% | 0.00% | 100.00% | 68.71% |
| Technology | 0.01% | 0.00% | 46.47% | 23.41% |
| Consumer Defense | 0.00% | 0.00% | 52.26% | 40.70% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | BHYAX % Rank | |
|---|---|---|---|---|
| US | 0.96% | -28.07% | 19.67% | 18.72% |
| Non US | 0.17% | -0.39% | 13.32% | 8.82% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | BHYAX % Rank | |
|---|---|---|---|---|
| Corporate | 97.32% | 0.00% | 100.00% | 27.17% |
| Cash & Equivalents | 2.21% | 0.00% | 100.00% | 69.02% |
| Securitized | 0.37% | 0.00% | 95.38% | 28.53% |
| Derivative | 0.08% | 0.00% | 51.02% | 18.61% |
| Government | 0.02% | 0.00% | 74.11% | 37.09% |
| Municipal | 0.00% | 0.00% | 16.25% | 39.95% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | BHYAX % Rank | |
|---|---|---|---|---|
| US | 78.73% | 0.00% | 127.79% | 62.42% |
| Non US | 14.35% | -27.40% | 96.73% | 41.79% |
BHYAX - Expenses
Operational Fees
| BHYAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.94% | 0.04% | 20.17% | 57.78% |
| Management Fee | 0.41% | 0.00% | 1.84% | 15.55% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 32.00% |
| Administrative Fee | N/A | 0.00% | 0.50% | 25.66% |
Sales Fees
| BHYAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 4.00% | 2.00% | 5.75% | 50.79% |
| Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
| BHYAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| BHYAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 102.00% | 1.00% | 349.00% | 89.04% |
BHYAX - Distributions
Dividend Yield Analysis
| BHYAX | Category Low | Category High | BHYAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 6.07% | 40.95% |
Dividend Distribution Analysis
| BHYAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
| BHYAX | Category Low | Category High | BHYAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 5.58% | -0.81% | 10.03% | 27.21% |
Capital Gain Distribution Analysis
| BHYAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Feb 28, 2019 | $0.031 |
| Jan 31, 2019 | $0.035 |
| Dec 31, 2018 | $0.037 |
| Nov 30, 2018 | $0.036 |
| Oct 31, 2018 | $0.037 |
| Sep 28, 2018 | $0.035 |
| Aug 31, 2018 | $0.035 |
| Jul 31, 2018 | $0.035 |
| Jun 29, 2018 | $0.033 |
| May 31, 2018 | $0.034 |
| Apr 30, 2018 | $0.033 |
| Mar 29, 2018 | $0.033 |
| Feb 28, 2018 | $0.031 |
| Jan 31, 2018 | $0.035 |
| Dec 29, 2017 | $0.035 |
| Nov 30, 2017 | $0.033 |
| Oct 31, 2017 | $0.034 |
| Sep 29, 2017 | $0.033 |
| Aug 31, 2017 | $0.034 |
| Jul 31, 2017 | $0.035 |
| Jun 30, 2017 | $0.034 |
| May 31, 2017 | $0.036 |
| Apr 28, 2017 | $0.036 |
| Mar 31, 2017 | $0.036 |
| Feb 28, 2017 | $0.033 |
| Jan 31, 2017 | $0.037 |
| Dec 30, 2016 | $0.034 |
| Nov 30, 2016 | $0.035 |
| Oct 31, 2016 | $0.036 |
| Sep 30, 2016 | $0.035 |
| Aug 31, 2016 | $0.034 |
| Jul 29, 2016 | $0.034 |
| Jun 30, 2016 | $0.035 |
| May 31, 2016 | $0.034 |
| Apr 29, 2016 | $0.032 |
| Mar 31, 2016 | $0.033 |
| Feb 29, 2016 | $0.029 |
| Jan 29, 2016 | $0.032 |
| Dec 31, 2015 | $0.032 |
| Nov 30, 2015 | $0.030 |
| Oct 30, 2015 | $0.031 |
| Sep 30, 2015 | $0.031 |
| Aug 31, 2015 | $0.034 |
| Jul 31, 2015 | $0.035 |
| Jun 30, 2015 | $0.033 |
| May 29, 2015 | $0.033 |
| Apr 30, 2015 | $0.032 |
| Mar 31, 2015 | $0.032 |
| Feb 27, 2015 | $0.028 |
| Jan 30, 2015 | $0.031 |
| Dec 31, 2014 | $0.036 |
| Nov 28, 2014 | $0.036 |
| Oct 31, 2014 | $0.038 |
| Sep 30, 2014 | $0.036 |
| Aug 29, 2014 | $0.038 |
| Jul 31, 2014 | $0.037 |
| Jun 30, 2014 | $0.036 |
| May 30, 2014 | $0.034 |
| Apr 30, 2014 | $0.033 |
| Mar 31, 2014 | $0.039 |
| Mar 03, 2014 | $0.037 |
| Feb 03, 2014 | $0.041 |
| Jan 02, 2014 | $0.039 |
| Dec 02, 2013 | $0.036 |
| Nov 01, 2013 | $0.037 |
| Oct 01, 2013 | $0.038 |
| Sep 03, 2013 | $0.041 |
| Aug 01, 2013 | $0.041 |
| Jul 01, 2013 | $0.042 |
| Jun 03, 2013 | $0.042 |
| May 01, 2013 | $0.042 |
| Apr 01, 2013 | $0.040 |
| Mar 01, 2013 | $0.035 |
| Feb 01, 2013 | $0.038 |
| Jan 02, 2013 | $0.040 |
| Dec 03, 2012 | $0.041 |
| Nov 01, 2012 | $0.039 |
| Oct 01, 2012 | $0.039 |
| Sep 04, 2012 | $0.042 |
| Aug 01, 2012 | $0.040 |
| Jul 02, 2012 | $0.041 |
| Jun 01, 2012 | $0.042 |
| May 01, 2012 | $0.040 |
| Apr 02, 2012 | $0.039 |
| Mar 01, 2012 | $0.036 |
| Feb 01, 2012 | $0.039 |
| Jan 03, 2012 | $0.038 |
| Dec 01, 2011 | $0.036 |
| Nov 01, 2011 | $0.039 |
| Oct 03, 2011 | $0.039 |
| Sep 01, 2011 | $0.038 |
| Aug 01, 2011 | $0.037 |
| Jul 01, 2011 | $0.038 |
| Jun 01, 2011 | $0.039 |
| May 02, 2011 | $0.039 |
| Apr 01, 2011 | $0.043 |
| Mar 01, 2011 | $0.040 |
| Feb 01, 2011 | $0.042 |
| Jan 03, 2011 | $0.044 |
| Dec 01, 2010 | $0.041 |
| Nov 01, 2010 | $0.045 |
| Oct 01, 2010 | $0.044 |
| Sep 01, 2010 | $0.044 |
| Aug 02, 2010 | $0.047 |
| Jul 01, 2010 | $0.046 |
| Jun 01, 2010 | $0.047 |
| May 03, 2010 | $0.046 |
| Apr 01, 2010 | $0.051 |
| Mar 01, 2010 | $0.045 |
| Feb 01, 2010 | $0.049 |
| Jan 04, 2010 | $0.047 |
| Dec 01, 2009 | $0.047 |
| Nov 02, 2009 | $0.053 |
| Oct 01, 2009 | $0.048 |
| Sep 01, 2009 | $0.052 |
| Aug 03, 2009 | $0.050 |
| Jul 01, 2009 | $0.050 |
| Jun 01, 2009 | $0.048 |
| May 01, 2009 | $0.047 |
| Apr 01, 2009 | $0.046 |
| Mar 02, 2009 | $0.043 |
| Feb 02, 2009 | $0.049 |
| Jan 02, 2009 | $0.055 |
| Dec 01, 2008 | $0.052 |
| Nov 03, 2008 | $0.055 |
| Oct 01, 2008 | $0.048 |
| Sep 02, 2008 | $0.053 |
| Aug 01, 2008 | $0.053 |
| Jul 01, 2008 | $0.053 |
| Jun 02, 2008 | $0.053 |
| May 01, 2008 | $0.053 |
| Apr 01, 2008 | $0.053 |
| Mar 03, 2008 | $0.052 |
| Feb 01, 2008 | $0.052 |
| Jan 02, 2008 | $0.051 |
| Dec 03, 2007 | $0.050 |
| Nov 01, 2007 | $0.050 |
| Oct 01, 2007 | $0.050 |
| Sep 04, 2007 | $0.050 |
| Aug 01, 2007 | $0.050 |
| Jul 02, 2007 | $0.050 |
| Jun 01, 2007 | $0.049 |
| May 01, 2007 | $0.049 |
| Apr 02, 2007 | $0.049 |
| Mar 01, 2007 | $0.049 |
| Feb 01, 2007 | $0.046 |
| Jan 02, 2007 | $0.046 |
| Dec 01, 2006 | $0.047 |
| Nov 01, 2006 | $0.047 |
| Oct 02, 2006 | $0.047 |
| Sep 01, 2006 | $0.047 |
| Aug 01, 2006 | $0.047 |
| Jul 03, 2006 | $0.047 |
| Jun 01, 2006 | $0.047 |
| May 01, 2006 | $0.047 |
| Apr 03, 2006 | $0.047 |
| Mar 01, 2006 | $0.047 |
| Feb 01, 2006 | $0.048 |
| Dec 01, 2005 | $0.047 |
| Nov 01, 2005 | $0.047 |
| Oct 03, 2005 | $0.047 |
| Sep 01, 2005 | $0.047 |
| Aug 01, 2005 | $0.047 |
| Jul 01, 2005 | $0.047 |
| Jun 01, 2005 | $0.049 |
| May 02, 2005 | $0.049 |
| Apr 01, 2005 | $0.049 |
| Mar 01, 2005 | $0.049 |
| Feb 01, 2005 | $0.048 |
| Jan 03, 2005 | $0.044 |
| Dec 01, 2004 | $0.044 |
| Nov 01, 2004 | $0.044 |
| Oct 01, 2004 | $0.044 |
| Sep 01, 2004 | $0.044 |
| Aug 02, 2004 | $0.042 |
| Jul 01, 2004 | $0.042 |
| Jun 01, 2004 | $0.043 |
| May 03, 2004 | $0.047 |
| Apr 01, 2004 | $0.047 |
| Mar 01, 2004 | $0.047 |
| Feb 02, 2004 | $0.047 |
| Jan 02, 2004 | $0.047 |
| Dec 01, 2003 | $0.047 |
| Nov 03, 2003 | $0.047 |
| Oct 01, 2003 | $0.047 |
| Sep 02, 2003 | $0.047 |
| Aug 01, 2003 | $0.054 |
| Jul 01, 2003 | $0.057 |
| Jun 02, 2003 | $0.058 |
| May 01, 2003 | $0.063 |
| Apr 01, 2003 | $0.064 |
| Mar 03, 2003 | $0.063 |
| Feb 03, 2003 | $0.063 |
| Jan 02, 2003 | $0.063 |
| Dec 02, 2002 | $0.063 |
| Nov 01, 2002 | $0.063 |
| Oct 01, 2002 | $0.063 |
| Sep 03, 2002 | $0.063 |
| Aug 01, 2002 | $0.063 |
| Jul 01, 2002 | $0.063 |
| Jun 03, 2002 | $0.063 |
| May 01, 2002 | $0.064 |
| Apr 01, 2002 | $0.065 |
| Mar 01, 2002 | $0.065 |
| Feb 01, 2002 | $0.065 |
| Jan 02, 2002 | $0.065 |
| Dec 03, 2001 | $0.066 |
| Nov 01, 2001 | $0.075 |
| Oct 01, 2001 | $0.075 |
| Sep 04, 2001 | $0.075 |
| Aug 01, 2001 | $0.076 |
| Jul 02, 2001 | $0.076 |
| Jun 01, 2001 | $0.083 |
| May 01, 2001 | $0.083 |
| Apr 02, 2001 | $0.086 |
| Mar 01, 2001 | $0.088 |
| Feb 01, 2001 | $0.088 |
| Jan 02, 2001 | $0.093 |
| Dec 01, 2000 | $0.097 |
| Nov 01, 2000 | $0.096 |
| Oct 02, 2000 | $0.089 |
| Sep 01, 2000 | $0.089 |
| Aug 01, 2000 | $0.084 |
| Jul 03, 2000 | $0.084 |
| Jun 01, 2000 | $0.084 |
| May 01, 2000 | $0.084 |
| Apr 03, 2000 | $0.087 |
| Mar 01, 2000 | $0.081 |
| Feb 01, 2000 | $0.086 |
| Dec 01, 1999 | $0.081 |
| Nov 01, 1999 | $0.081 |
| Oct 01, 1999 | $0.081 |
| Sep 01, 1999 | $0.080 |
| Aug 02, 1999 | $0.081 |
| Jul 01, 1999 | $0.080 |
| Jun 01, 1999 | $0.080 |
| Mar 01, 1999 | $0.080 |
BHYAX - Fund Manager Analysis
Managers
James Keenan
Start Date
Tenure
Tenure Rank
Dec 31, 2007
12.84
12.8%
Mr. Keenan is a Managing Director of BlackRock, Inc. since 2008 and Head of the Leveraged Finance Portfolio Team from 2006 to 2007;Prior to joining BlackRock in 2004, He was a senior high yield trader at Columbia Management Group from 2003 to 2004. Mr. Keenan began his investment career at UBS Global Asset Management where he held roles as a trader, research analyst and a portfolio analyst from 1998 through 2003. Mr. Keenan holds the Chartered Financial Analyst designation.
Mitchell Garfin
Start Date
Tenure
Tenure Rank
May 08, 2009
11.49
11.5%
Managing Director of BlackRock, Inc. since 2009 and Co-Head of U.S. Leveraged Finance; Director of BlackRock, Inc. from 2005 to 2008.
Derek Schoenhofen
Start Date
Tenure
Tenure Rank
May 08, 2009
11.49
11.5%
Derek Schoenhofen is a Managing Director of BlackRock, Inc. since 2019; Director of BlackRock, Inc. from 2006 to 2018; Vice President of BlackRock, Inc. from 2000 to 2005.
David Delbos
Start Date
Tenure
Tenure Rank
Mar 20, 2014
6.62
6.6%
Managing Director of BlackRock, Inc. since 2012; Director of BlackRock, Inc. from 2007 to 2011; Vice President of BlackRock, Inc. from 2005 to 2006.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 36.21 | 6.49 | 1.34 |