BlackRock Funds II - BlackRock Retirement Income 2040 Fd USD - Institutional
Name
As of 05/03/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$90.95
$4.72 M
6.63%
$6.00
5.88%
Vitals
YTD Return
2.1%
1 yr return
7.3%
3 Yr Avg Return
0.2%
5 Yr Avg Return
N/A
Net Assets
$4.72 M
Holdings in Top 10
N/A
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 5.88%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 2.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/03/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$90.95
$4.72 M
6.63%
$6.00
5.88%
BRIEX - Profile
Distributions
- YTD Total Return 2.1%
- 3 Yr Annualized Total Return 0.2%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 3.91%
- Dividend Yield 6.6%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameBlackRock Funds II - BlackRock Retirement Income 2040 Fd USD - Institutional
-
Fund Family NameBlackRock
-
Inception DateAug 17, 2020
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerMichael Pensky
Fund Description
BRIEX - Performance
Return Ranking - Trailing
Period | BRIEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.1% | -2.9% | 10.5% | 21.13% |
1 Yr | 7.3% | -2.6% | 29.4% | 57.28% |
3 Yr | 0.2%* | -16.7% | 4.5% | 48.79% |
5 Yr | N/A* | -4.8% | 7.0% | 69.15% |
10 Yr | N/A* | -0.2% | 8.5% | 50.86% |
* Annualized
Return Ranking - Calendar
Period | BRIEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.4% | -1.3% | 27.4% | 73.24% |
2022 | -16.8% | -35.0% | -7.4% | 53.44% |
2021 | 1.0% | -11.5% | 14.6% | 62.04% |
2020 | N/A | -10.3% | 40.7% | N/A |
2019 | N/A | -9.5% | 22.1% | N/A |
Total Return Ranking - Trailing
Period | BRIEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.1% | -2.9% | 10.5% | 21.13% |
1 Yr | 7.3% | -2.6% | 29.4% | 57.28% |
3 Yr | 0.2%* | -16.7% | 4.5% | 48.79% |
5 Yr | N/A* | -4.8% | 7.0% | 63.71% |
10 Yr | N/A* | -0.2% | 8.5% | 48.00% |
* Annualized
Total Return Ranking - Calendar
Period | BRIEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 9.4% | -1.3% | 28.2% | 69.48% |
2022 | -11.5% | -35.0% | -3.1% | 31.35% |
2021 | 7.5% | -11.5% | 32.0% | 55.72% |
2020 | N/A | -5.4% | 40.7% | N/A |
2019 | N/A | 4.5% | 27.7% | N/A |
NAV & Total Return History
BRIEX - Holdings
Concentration Analysis
BRIEX | Category Low | Category High | BRIEX % Rank | |
---|---|---|---|---|
Net Assets | 4.72 M | 244 K | 50.8 B | 98.83% |
Number of Holdings | 3 | 3 | 5294 | 99.53% |
Net Assets in Top 10 | 5.02 M | 243 K | 10.1 B | 98.83% |
Weighting of Top 10 | N/A | 6.4% | 127.7% | 4.78% |
Top 10 Holdings
- BlackRock Multi-Asset Income Portfolio K 98.21%
- BlackRock Liquidity T-Fund Instl 2.27%
Asset Allocation
Weighting | Return Low | Return High | BRIEX % Rank | |
---|---|---|---|---|
Bonds | 54.05% | 0.00% | 80.16% | 19.44% |
Stocks | 36.93% | 0.00% | 102.36% | 78.45% |
Cash | 4.78% | -35.68% | 37.58% | 18.54% |
Convertible Bonds | 2.97% | 0.00% | 71.77% | 12.32% |
Other | 0.77% | -0.44% | 63.55% | 19.48% |
Preferred Stocks | 0.49% | 0.00% | 21.95% | 11.03% |
Stock Sector Breakdown
Weighting | Return Low | Return High | BRIEX % Rank | |
---|---|---|---|---|
Financial Services | 17.06% | 0.00% | 83.50% | 14.56% |
Technology | 14.55% | 0.22% | 27.92% | 59.19% |
Real Estate | 12.51% | 0.00% | 43.16% | 11.22% |
Healthcare | 9.83% | 0.00% | 24.25% | 88.78% |
Industrials | 9.62% | 0.14% | 17.90% | 60.62% |
Consumer Cyclical | 9.53% | 0.00% | 14.20% | 52.51% |
Communication Services | 7.76% | 0.00% | 11.11% | 26.25% |
Consumer Defense | 6.70% | 0.00% | 18.62% | 63.72% |
Utilities | 4.81% | 0.00% | 48.33% | 31.74% |
Energy | 4.42% | 0.00% | 62.93% | 62.77% |
Basic Materials | 3.21% | 0.00% | 32.82% | 86.87% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | BRIEX % Rank | |
---|---|---|---|---|
US | 22.86% | 0.00% | 102.36% | 82.63% |
Non US | 14.07% | 0.00% | 23.57% | 7.98% |
Bond Sector Breakdown
Weighting | Return Low | Return High | BRIEX % Rank | |
---|---|---|---|---|
Corporate | 62.38% | 0.00% | 96.66% | 9.95% |
Securitized | 19.50% | 0.00% | 52.08% | 39.57% |
Cash & Equivalents | 15.24% | 0.00% | 36.70% | 4.69% |
Government | 2.84% | 0.00% | 63.33% | 92.89% |
Derivative | 0.05% | -0.44% | 63.54% | 22.07% |
Municipal | 0.00% | 0.00% | 99.85% | 85.31% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | BRIEX % Rank | |
---|---|---|---|---|
US | 35.81% | 0.00% | 80.16% | 30.52% |
Non US | 18.24% | 0.00% | 18.69% | 1.64% |
BRIEX - Expenses
Operational Fees
BRIEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 5.88% | 0.06% | 7.81% | 1.17% |
Management Fee | 0.10% | 0.00% | 1.25% | 33.80% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.06% | 0.01% | 0.70% | 29.52% |
Sales Fees
BRIEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
BRIEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 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.
BRIEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 2.00% | 2.00% | 380.00% | 0.26% |
BRIEX - Distributions
Dividend Yield Analysis
BRIEX | Category Low | Category High | BRIEX % Rank | |
---|---|---|---|---|
Dividend Yield | 6.63% | 0.00% | 8.05% | 2.34% |
Dividend Distribution Analysis
BRIEX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annual | Monthly | Monthly |
Net Income Ratio Analysis
BRIEX | Category Low | Category High | BRIEX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.91% | -1.22% | 6.83% | 5.46% |
Capital Gain Distribution Analysis
BRIEX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Monthly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 30, 2024 | $0.500 | OrdinaryDividend |
Mar 31, 2024 | $0.500 | OrdinaryDividend |
Feb 29, 2024 | $0.500 | OrdinaryDividend |
Jan 31, 2024 | $0.544 | OrdinaryDividend |
Dec 29, 2023 | $0.459 | OrdinaryDividend |
Nov 30, 2023 | $0.417 | OrdinaryDividend |
Oct 31, 2023 | $0.436 | OrdinaryDividend |
Sep 29, 2023 | $0.458 | OrdinaryDividend |
Aug 31, 2023 | $0.458 | OrdinaryDividend |
Jul 31, 2023 | $0.458 | OrdinaryDividend |
Jun 30, 2023 | $0.458 | OrdinaryDividend |
May 31, 2023 | $0.458 | OrdinaryDividend |
Apr 28, 2023 | $0.457 | OrdinaryDividend |
Mar 31, 2023 | $0.458 | OrdinaryDividend |
Feb 28, 2023 | $0.458 | OrdinaryDividend |
Jan 31, 2023 | $0.458 | OrdinaryDividend |
Dec 30, 2022 | $0.030 | OrdinaryDividend |
Nov 30, 2022 | $0.417 | OrdinaryDividend |
Oct 31, 2022 | $0.417 | OrdinaryDividend |
Sep 30, 2022 | $0.485 | OrdinaryDividend |
Aug 31, 2022 | $0.458 | OrdinaryDividend |
Jul 29, 2022 | $0.458 | OrdinaryDividend |
Jun 30, 2022 | $0.458 | OrdinaryDividend |
May 31, 2022 | $0.500 | OrdinaryDividend |
Apr 29, 2022 | $0.516 | OrdinaryDividend |
Mar 31, 2022 | $0.500 | OrdinaryDividend |
Feb 28, 2022 | $0.500 | OrdinaryDividend |
Jan 31, 2022 | $0.500 | OrdinaryDividend |
Dec 31, 2020 | $0.362 | OrdinaryDividend |
Nov 30, 2020 | $0.362 | OrdinaryDividend |
Oct 30, 2020 | $0.363 | OrdinaryDividend |
Sep 30, 2020 | $0.500 | OrdinaryDividend |
Aug 31, 2020 | $0.476 | OrdinaryDividend |
BRIEX - Fund Manager Analysis
Managers
Michael Pensky
Start Date
Tenure
Tenure Rank
Jul 31, 2020
1.83
1.8%
Michael Pensky, CFA, Vice President and Associate, is a researcher and portfolio manager in the GTAA team. The team is responsible for managing global tactical asset allocation products with custom client preferences and constraints. Mr. Pensky’s service with the firm dates back to 2011. Prior to joining BlackRock, Mr. Pensky held a trading desk strategist position in Morgan Stanley’s Securitized Products Group and had worked as a senior analyst in Foreign Exchange Sales & Trading at SunTrust Robinson Humphrey.
Michael Fredericks
Start Date
Tenure
Tenure Rank
Jul 31, 2020
1.83
1.8%
Michael Fredericks, Managing Director, is head of Income Investing for the Blackrock Multi-Asset Strategies group and lead portfolio manager for the Multi-Asset Income, Global Multi-Asset Income, Dynamic High Income, and Managed Income funds. Mr. Fredericks joined BlackRock in 2011 from JPMorgan Asset Management where he was an Executive Director and portfolio manager in the Global Multi-Asset Group (GMAG) responsible for retail asset allocation solutions. At JPMorgan he co-managed the JPMorgan Diversified Fund and the JPMorgan Income Builder Fund, and served on the GMAG New York investment committee. Previously he was an equity analyst responsible for global consumer discretionary stocks at Nicholas Applegate Capital Management. Mr. Fredericks holds a B.A. in Economics and History from the University of California, Berkeley and an M.P.I.A. from the Graduate School of International Relations and Pacific Studies at the University of California, San Diego. He regularly contributes to financial news media and has been featured in print and broadcast outlets including the Wall Street Journal, Financial Times, Associated Press, CNBC and Bloomberg TV, among others.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 28.73 | 6.41 | 2.41 |