BHYIX: BlackRock High Yield Bond Portfolio - MutualFunds.com

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BlackRock High Yield Bond Instl

BHYIX - Snapshot

Vitals

  • YTD Return -1.0%
  • 3 Yr Annualized Return 4.0%
  • 5 Yr Annualized Return 5.7%
  • Net Assets $25.5 B
  • Holdings in Top 10 9.8%

52 WEEK LOW AND HIGH

$7.69
$5.97
$7.81

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.60%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 102.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,000,000
  • IRA N/A

Fund Classification

  • Primary Theme
  • Fund Type Open End Mutual Fund
  • Investment Style High Yield Bond

Compare BHYIX to Popular High Yield Bond Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$5.93

0.00%

$27.58 B

4.78%

$0.28

-0.50%

-

$7.69

0.00%

$25.49 B

5.27%

$0.41

-1.03%

-

$86.41

+0.16%

$23.82 B

4.89%

$4.22

-1.74%

-

$5.45

0.00%

$20.11 B

5.80%

$0.32

-2.33%

-

$9.99

+0.10%

$16.76 B

5.69%

$0.57

-0.89%

-

BHYIX - Profile

Distributions

  • YTD Total Return -1.0%
  • 3 Yr Annualized Total Return 4.0%
  • 5 Yr Annualized Total Return 5.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 5.89%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    BlackRock High Yield Bond Portfolio
  • Fund Family Name
    BlackRock
  • Inception Date
    Nov 19, 1998
  • Shares Outstanding
    1631986168
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    James Keenan

Fund Description

The fund invests primarily in non-investment grade bonds with maturities of ten years or less. It normally invests at least 80% of its assets in high yield bonds. The fund may invest up to 30% of its assets in non-dollar denominated bonds of issuers located outside of the United States. Its investment in non-dollar denominated bonds may be on a currency hedged or unhedged basis. The fund may also invest in convertible and preferred securities.


BHYIX - Performance

Return Ranking - Trailing

Period BHYIX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.0% -48.2% 392.8% 48.32%
1 Yr 2.5% -54.3% 9.9% 35.73%
3 Yr 4.0%* -21.8% 8.3% 15.22%
5 Yr 5.7%* -0.9% 9.0% 17.16%
10 Yr 6.3%* 0.7% 9.2% 7.51%

* Annualized

Return Ranking - Calendar

Period BHYIX Return Category Return Low Category Return High Rank in Category (%)
2019 8.8% -10.3% 226.1% 27.23%
2018 N/A -18.4% -0.2% N/A
2017 N/A -9.5% 18.8% N/A
2016 N/A -9.1% 28.6% N/A
2015 N/A -34.3% 3.5% N/A

Total Return Ranking - Trailing

Period BHYIX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.0% -48.2% 392.8% 48.32%
1 Yr 2.5% -54.3% 9.9% 28.75%
3 Yr 4.0%* -21.8% 8.3% 13.77%
5 Yr 5.7%* -1.1% 9.0% 15.92%
10 Yr 6.3%* 0.7% 9.2% 6.90%

* Annualized

Total Return Ranking - Calendar

Period BHYIX Return Category Return Low Category Return High Rank in Category (%)
2019 8.8% -8.1% 23.9% 30.12%
2018 N/A -18.4% 1.3% N/A
2017 N/A -8.5% 18.8% N/A
2016 N/A -9.1% 39.0% N/A
2015 N/A -32.4% 3.5% N/A

NAV & Total Return History


BHYIX - Holdings

Concentration Analysis

BHYIX Category Low Category High BHYIX % Rank
Net Assets 25.5 B 3.33 M 27.6 B 0.41%
Number of Holdings 1630 1 2239 1.09%
Net Assets in Top 10 2.5 B -492 M 2.87 B 0.27%
Weighting of Top 10 9.76% 3.4% 100.0% 68.00%

Top 10 Holdings

  1. iShares Preferred&Income Securities ETF 1.80%
  2. BlackRock Liquidity T-Fund Instl 1.72%
  3. SPDR® Blmbg Barclays High Yield Bd ETF 1.47%
  4. TransDigm, Inc. 6.25% 1.32%
  5. Xtrackers USD High Yield Corp Bd ETF 0.71%
  6. iShares Broad USD High Yield Corp Bd ETF 0.63%
  7. Allied Universal Holdco LLC / Allied Universal Finance Corporation 6.62% 0.57%
  8. Connect Finco SARL/Connect US Finco LLC 6.75% 0.53%
  9. Solera, LLC / Solera Finance, Inc. 10.5% 0.53%
  10. Altice France Holdings S A 10.5% 0.52%

Asset Allocation

Weighting Return Low Return High BHYIX % Rank
Bonds
93.08% 0.00% 141.18% 66.76%
Convertible Bonds
2.39% 0.00% 19.96% 20.76%
Preferred Stocks
1.78% 0.00% 7.97% 6.38%
Cash
1.46% -48.94% 100.00% 76.93%
Stocks
1.13% -28.46% 28.23% 17.77%
Other
0.16% -2.78% 58.14% 16.01%

Stock Sector Breakdown

Weighting Return Low Return High BHYIX % Rank
Basic Materials
33.80% 0.00% 100.00% 3.72%
Real Estate
29.19% 0.00% 100.00% 2.19%
Communication Services
13.41% 0.00% 100.00% 16.19%
Utilities
10.91% 0.00% 99.51% 18.60%
Healthcare
10.59% 0.00% 100.00% 12.69%
Industrials
1.66% 0.00% 100.00% 31.73%
Financial Services
0.29% 0.00% 100.00% 22.32%
Consumer Cyclical
0.12% 0.00% 100.00% 35.23%
Energy
0.02% 0.00% 100.00% 68.49%
Technology
0.01% 0.00% 46.47% 23.19%
Consumer Defense
0.00% 0.00% 52.26% 40.48%

Stock Geographic Breakdown

Weighting Return Low Return High BHYIX % Rank
US
0.96% -28.07% 19.67% 18.59%
Non US
0.17% -0.39% 13.32% 8.68%

Bond Sector Breakdown

Weighting Return Low Return High BHYIX % Rank
Corporate
97.32% 0.00% 100.00% 27.04%
Cash & Equivalents
2.21% 0.00% 100.00% 68.89%
Securitized
0.37% 0.00% 95.38% 28.40%
Derivative
0.08% 0.00% 51.02% 18.48%
Government
0.02% 0.00% 74.11% 36.96%
Municipal
0.00% 0.00% 16.25% 39.81%

Bond Geographic Breakdown

Weighting Return Low Return High BHYIX % Rank
US
78.73% 0.00% 127.79% 62.28%
Non US
14.35% -27.40% 96.73% 41.66%

BHYIX - Expenses

Operational Fees

BHYIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.60% 0.04% 20.17% 87.08%
Management Fee 0.41% 0.00% 1.84% 15.42%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% 26.97%

Sales Fees

BHYIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

BHYIX 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.

BHYIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 102.00% 1.00% 349.00% 88.90%

BHYIX - Distributions

Dividend Yield Analysis

BHYIX Category Low Category High BHYIX % Rank
Dividend Yield 0.00% 0.00% 6.07% 40.81%

Dividend Distribution Analysis

BHYIX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

BHYIX Category Low Category High BHYIX % Rank
Net Income Ratio 5.89% -0.81% 10.03% 16.57%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

BHYIX - 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
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