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BHYAX BlackRock High Yield Bond Inv A

  • Fund
  • BHYAX
  • Price as of: Jul 15, 2019
  • $7.64 - $0.00 - 0.00%
  • Category
  • High Yield Bonds

BHYAX - Profile

Vitals

  • YTD Return 7.2%
  • 3 Yr Annualized Return 0.6%
  • 5 Yr Annualized Return -1.9%
  • Net Assets $16.2 B
  • Holdings in Top 10 8.7%

52 WEEK LOW AND HIGH

$7.64
$7.09
$7.68

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.96%

SALES FEES

  • Front Load 4.00%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 90.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000

IRA

N/A

Investment Themes

CATEGORY

High Yield Bonds
  • Fund Type Open End Mutual Fund
  • Investment Style High Yield Bond

Distributions

  • YTD Total Return 7.2%
  • 3 Yr Annualized Total Return 0.8%
  • 5 Yr Annualized Total Return -1.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 5.17%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name BlackRock High Yield Bond Portfolio
  • Fund Family Name BlackRock
  • Inception Date Nov 19, 1998
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager James Keenan

BHYAX - Performance

Return Ranking - Trailing

Period BHYAX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.2% 0.2% 15.0% 17.74%
1 Yr 0.0% -15.4% 4.3% 43.58%
3 Yr 0.6%* -2.3% 5.6% 35.71%
5 Yr -1.9%* -8.3% 1.7% 47.97%
10 Yr 2.5%* -5.0% 4.6% 6.45%

* Annualized


Return Ranking - Calendar

Period BHYAX Return Category Return Low Category Return High Rank in Category (%)
2018 -8.6% -23.1% -0.4% 72.04%
2017 2.2% -9.5% 28.5% 19.13%
2016 7.0% -3.5% 28.6% 55.04%
2015 -9.5% -34.3% 1.0% 63.03%
2014 -4.0% -23.1% 27.7% 43.02%

Total Return Ranking - Trailing

Period BHYAX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.2% 0.7% 15.0% 20.97%
1 Yr 0.0% -15.4% 7.0% 55.60%
3 Yr 0.8%* -2.3% 9.7% 40.76%
5 Yr -1.3%* -6.9% 5.8% 42.86%
10 Yr 3.1%* -0.8% 8.7% 20.79%

* Annualized


Total Return Ranking - Calendar

Period BHYAX Return Category Return Low Category Return High Rank in Category (%)
2018 -8.6% -23.1% 1.3% 78.78%
2017 2.4% -3.9% 36.8% 35.76%
2016 7.4% -3.5% 39.0% 57.98%
2015 -8.9% -28.3% 4.3% 62.61%
2014 -2.3% -21.8% 27.7% 34.37%

NAV & Total Return History

BHYAX - Holdings

Concentration Analysis

BHYAX Category Low Category High BHYAX % Rank
Net Assets 16.2 B 1.02 M 24.4 B 3.41%
Number of Holdings 1360 6 1626 0.80%
Net Assets in Top 10 1.37 B -197 K 3.73 B 1.00%
Weighting of Top 10 8.71% 5.4% 100.1% 71.29%

Top 10 Holdings

  1. TransDigm, Inc. 6.25% 1.96%

  2. Refinitiv Us Hold/Thomson & Reuter Tl-B 0.96%

  3. Blackstone CQP Holdco 6.5% 0.87%

  4. Ally Financial Inc. 8% 0.87%

  5. Solera, LLC / Solera Finance, Inc. 10.5% 0.74%

  6. Infor (US), Inc. 6.5% 0.73%

  7. Clear Channel Worldwide Holdings Inc. 9.25% 0.72%

  8. HD Supply, Inc. 5.38% 0.66%

  9. Clear Channel Worldwide Holdings Inc. 6.5% 0.62%

  10. CSC Holdings, LLC 10.88% 0.58%


Asset Allocation

Weighting Return Low Return High BHYAX % Rank
Bonds
95.21% -17.48% 100.43% 26.51%
Cash
2.40% -4.10% 117.48% 72.89%
Stocks
1.06% -0.44% 99.99% 18.47%
Convertible Bonds
0.63% 0.00% 11.40% 45.18%
Preferred Stocks
0.50% 0.00% 11.13% 17.07%
Other
0.20% -1.24% 11.36% 25.10%

Stock Sector Breakdown

Weighting Return Low Return High BHYAX % Rank
Consumer Cyclical
0.52% -0.14% 15.43% 11.25%
Basic Materials
0.41% 0.00% 1.36% 4.75%
Real Estate
0.12% -0.03% 2.98% 7.00%
Utilities
0.00% -0.04% 1.62% 41.25%
Technology
0.00% -0.17% 30.52% 35.75%
Industrials
0.00% 0.00% 14.47% 51.75%
Healthcare
0.00% 0.00% 14.67% 45.25%
Financial Services
0.00% -0.03% 16.74% 38.50%
Energy
0.00% -0.06% 2.74% 63.75%
Communication Services
0.00% -0.04% 2.00% 39.00%
Consumer Defense
0.00% -0.09% 4.73% 35.25%

Stock Geographic Breakdown

Weighting Return Low Return High BHYAX % Rank
US
0.87% -0.43% 50.32% 21.49%
Non US
0.19% -0.01% 49.67% 12.45%

Bond Sector Breakdown

Weighting Return Low Return High BHYAX % Rank
Corporate
94.53% 0.00% 100.28% 35.94%
Cash & Equivalents
2.44% -0.40% 117.48% 70.28%
Securitized
1.82% 0.00% 60.24% 18.07%
Government
0.04% -5.69% 66.73% 27.31%
Municipal
0.00% 0.00% 100.40% 33.94%
Derivative
-0.09% -17.48% 8.43% 93.98%

Bond Geographic Breakdown

Weighting Return Low Return High BHYAX % Rank
US
79.08% -17.48% 99.77% 52.81%
Non US
16.13% 0.00% 59.88% 24.30%

BHYAX - Expenses

Operational Fees

BHYAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.96% 0.00% 6.42% 59.04%
Management Fee 0.41% 0.00% 1.00% 9.64%
12b-1 Fee 0.25% 0.00% 1.00% 31.31%
Administrative Fee 0.06% 0.01% 0.45% 22.50%

Sales Fees

BHYAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 4.00% 2.00% 5.75% 52.88%
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

Turnover 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 90.00% 5.00% 1334.00% 85.34%

BHYAX - Distributions

Dividend Yield Analysis

BHYAX Category Low Category High BHYAX % Rank
Dividend Yield 0.09% 0.00% 4.38% 18.47%

Dividend Distribution Analysis

BHYAX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Dividend Payout History


Net Income Ratio Analysis

BHYAX Category Low Category High BHYAX % Rank
Net Income Ratio 5.17% -1.92% 7.22% 41.77%

Capital Gain Distribution Analysis

BHYAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

BHYAX - Managers

James Keenan

Manager

Start Date

Tenure

Tenure Rank

Dec 31, 2007

11.5

11.5%

Mr. Keenan is a Managing Director of BlackRock, Inc. since 2008 and Head of the Leveraged Finance Portfolio Team;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 S. Garfin

Manager

Start Date

Tenure

Tenure Rank

May 08, 2009

10.15

10.2%

Managing Director of BlackRock, Inc. since 2009; Director of BlackRock, Inc. from 2005 to 2008.


Derek Schoenhofen

Manager

Start Date

Tenure

Tenure Rank

May 08, 2009

10.15

10.2%

Director of BlackRock since 2006; Member of BlackRock’s Portfolio Management Group from 2000 to 2006.


David Delbos

Manager

Start Date

Tenure

Tenure Rank

Mar 20, 2014

5.28

5.3%

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

0.1

Category High

21.26

Category Average

6.8

Category Mode

0.1