BRHYX: BlackRock High Yield Bond K

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BRHYX BlackRock High Yield Bond K


Profile

BRHYX - Profile

Vitals

  • YTD Return -6.7%
  • 3 Yr Annualized Return -2.1%
  • 5 Yr Annualized Return -1.5%
  • Net Assets $22.8 B
  • Holdings in Top 10 9.3%

52 WEEK LOW AND HIGH

$7.26
$5.98
$7.82

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.49%

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) $5,000,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -6.7%
  • 3 Yr Annualized Total Return -2.1%
  • 5 Yr Annualized Total Return -1.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 5.99%
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
    1367007321
  • Share Class
    Other
  • 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.


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Fund Company Quick Screens

Performance

BRHYX - Performance

Return Ranking - Trailing

Period BRHYX Return Category Return Low Category Return High Rank in Category (%)
YTD -6.7% -19.7% 6.2% 55.66%
1 Yr -5.0% -18.8% 9.2% 42.99%
3 Yr -2.1%* -9.6% 1.7% 33.41%
5 Yr -1.5%* -6.2% 1.2% 38.30%
10 Yr 0.1%* -4.1% 1.3% 9.48%

* Annualized

Return Ranking - Calendar

Period BRHYX Return Category Return Low Category Return High Rank in Category (%)
2019 9.0% 0.7% 12.6% 24.83%
2018 -8.5% -14.2% -1.8% 68.16%
2017 2.1% -5.7% 4.9% 13.46%
2016 7.2% 1.1% 13.4% 61.56%
2015 -9.5% -20.6% 1.0% 61.79%

Total Return Ranking - Trailing

Period BRHYX Return Category Return Low Category Return High Rank in Category (%)
YTD -6.7% -19.7% 6.2% 55.66%
1 Yr -5.0% -18.8% 9.2% 42.99%
3 Yr -2.1%* -9.6% 4.0% 49.76%
5 Yr -1.3%* -6.2% 3.7% 47.66%
10 Yr 0.6%* -4.1% 6.4% 23.22%

* Annualized

Total Return Ranking - Calendar

Period BRHYX Return Category Return Low Category Return High Rank in Category (%)
2019 9.0% 0.7% 12.6% 27.79%
2018 -8.5% -14.2% 0.4% 74.53%
2017 2.3% -5.1% 9.3% 34.30%
2016 7.6% 1.1% 20.7% 58.22%
2015 -8.9% -20.6% 1.0% 62.09%

NAV & Total Return History


Holdings

BRHYX - Holdings

Concentration Analysis

BRHYX Category Low Category High BRHYX % Rank
Net Assets 22.8 B 251 K 25.6 B 1.34%
Number of Holdings 1555 3 1596 1.34%
Net Assets in Top 10 2.09 B -362 M 2.13 B 1.34%
Weighting of Top 10 9.34% 4.1% 98.9% 63.95%

Top 10 Holdings

  1. iShares iBoxx $ High Yield Corp Bd ETF 2.16%
  2. SPDR® Blmbg Barclays High Yield Bd ETF 1.58%
  3. TransDigm, Inc. 6.25% 1.43%
  4. FREEPORT-MCMORAN INC 5.45% 0.67%
  5. Oracle Corporation 3.85% 0.60%
  6. Solera, LLC / Solera Finance, Inc. 10.5% 0.60%
  7. Oracle Corporation 3.6% 0.58%
  8. Allied Universal Holdco LLC / Allied Universal Finance Corporation 6.62% 0.58%
  9. Verscend Escrow Corp 9.75% 0.57%
  10. Altice France Holdings S A 10.5% 0.57%

Asset Allocation

Weighting Return Low Return High BRHYX % Rank
Bonds
98.44% 80.46% 148.76% 7.37%
Convertible Bonds
1.36% 0.00% 6.42% 16.52%
Stocks
1.14% 0.00% 8.60% 18.08%
Other
0.13% -4.83% 41.18% 7.14%
Preferred Stocks
0.08% 0.00% 5.25% 33.48%
Cash
-1.15% -49.31% 19.40% 97.54%

Stock Sector Breakdown

Weighting Return Low Return High BRHYX % Rank
Basic Materials
31.14% 0.00% 100.00% 5.78%
Real Estate
29.14% 0.00% 75.20% 2.53%
Consumer Cyclical
21.16% 0.00% 100.00% 21.66%
Healthcare
12.37% 0.00% 100.00% 11.55%
Communication Services
6.02% 0.00% 100.00% 33.94%
Financial Services
0.15% 0.00% 100.00% 23.10%
Energy
0.01% 0.00% 100.00% 56.68%
Utilities
0.00% 0.00% 100.00% 67.51%
Technology
0.00% 0.00% 43.86% 62.45%
Industrials
0.00% 0.00% 100.00% 77.62%
Consumer Defense
0.00% 0.00% 23.29% 56.32%

Stock Geographic Breakdown

Weighting Return Low Return High BRHYX % Rank
US
1.00% 0.00% 8.60% 20.54%
Non US
0.14% 0.00% 0.94% 3.35%

Bond Sector Breakdown

Weighting Return Low Return High BRHYX % Rank
Corporate
97.94% 58.22% 100.00% 16.52%
Cash & Equivalents
1.87% 0.00% 32.30% 76.34%
Securitized
0.18% 0.00% 11.23% 27.23%
Government
0.01% 0.00% 21.25% 33.71%
Derivative
0.00% 0.00% 7.46% 62.05%
Municipal
0.00% 0.00% 0.60% 57.14%

Bond Geographic Breakdown

Weighting Return Low Return High BRHYX % Rank
US
83.68% 65.89% 127.59% 32.59%
Non US
14.76% 0.17% 29.53% 30.36%

Expenses

BRHYX - Expenses

Operational Fees

BRHYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.49% 0.13% 20.17% 96.84%
Management Fee 0.41% 0.00% 1.10% 9.44%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.30% 28.95%

Sales Fees

BRHYX 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

BRHYX 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.

BRHYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 102.00% 16.00% 216.00% 93.21%

Distributions

BRHYX - Distributions

Dividend Yield Analysis

BRHYX Category Low Category High BRHYX % Rank
Dividend Yield 0.00% 0.00% 2.43% 58.71%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

BRHYX Category Low Category High BRHYX % Rank
Net Income Ratio 5.99% 2.13% 9.34% 11.69%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

BRHYX - Fund Manager Analysis

Managers

James Keenan


Start Date

Tenure

Tenure Rank

Dec 31, 2007

12.51

12.5%

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

11.15

11.2%

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

11.15

11.2%

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

6.28

6.3%

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 Category High Category Average Category Mode
0.16 35.88 6.82 1.5