XMPFX: BlackRock Floating Rate Income Instl

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XMPFX BlackRock Floating Rate Income Instl


Profile

XMPFX - Profile

Vitals

  • YTD Return 0.3%
  • 3 Yr Annualized Return -0.7%
  • 5 Yr Annualized Return -0.3%
  • Net Assets $2.98 B
  • Holdings in Top 10 13.9%

52 WEEK LOW AND HIGH

$10.06
$9.88
$10.06

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.67%

SALES FEES

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

BROKERAGE FEES

  • Turnover 52.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification


Distributions

  • YTD Total Return 0.3%
  • 3 Yr Annualized Total Return -0.7%
  • 5 Yr Annualized Total Return -0.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 5.08%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    BlackRock Floating Rate Income Fund
  • Fund Family Name
    BlackRock
  • Inception Date
    Mar 18, 2011
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States

Fund Description

The fund normally invests at least 80% of its assets in floating rate investments and investments that are the economic equivalent of floating rate investments, which effectively enables the fund to achieve a floating rate of income. It may also purchase, without limitation, participations or assignments in senior floating rate loans or second lien floating rate loans.


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Categories

Fund Company Quick Screens

XMPFX - Fund Company Quick Screens


Performance

XMPFX - Performance

Return Ranking - Trailing

Period XMPFX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.3% -38.9% 1.0% 0.75%
1 Yr 1.8% -45.8% 2.3% 0.77%
3 Yr -0.7%* -10.9% 1.7% 1.75%
5 Yr -0.3%* -7.6% 3.0% 2.55%
10 Yr N/A* -3.4% 4.6% 12.38%

* Annualized

Return Ranking - Calendar

Period XMPFX Return Category Return Low Category Return High Rank in Category (%)
2019 3.6% -8.1% 5.7% 17.31%
2018 -5.0% -12.2% 0.1% 65.71%
2017 -0.5% -2.7% 2.5% 64.73%
2016 3.4% -0.4% 12.9% 73.81%
2015 -3.0% -12.5% -0.8% 18.46%

Total Return Ranking - Trailing

Period XMPFX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.3% -38.9% 1.0% 0.75%
1 Yr 1.8% -45.8% 1.8% 0.38%
3 Yr -0.7%* -10.9% 0.6% 1.75%
5 Yr -0.3%* -7.6% 2.4% 3.57%
10 Yr N/A* -3.4% 4.2% 11.43%

* Annualized

Total Return Ranking - Calendar

Period XMPFX Return Category Return Low Category Return High Rank in Category (%)
2019 3.6% -8.1% 5.7% 19.23%
2018 -5.0% -12.2% 2.5% 73.47%
2017 -0.5% -2.5% 7.2% 71.88%
2016 3.4% -0.1% 12.9% 79.05%
2015 -3.0% -12.5% 1.6% 27.69%

NAV & Total Return History


Holdings

XMPFX - Holdings

Concentration Analysis

XMPFX Category Low Category High XMPFX % Rank
Net Assets 2.98 B 11.4 M 9.74 B 17.87%
Number of Holdings 362 28 1111 30.71%
Net Assets in Top 10 433 M -115 M 1.38 B 18.73%
Weighting of Top 10 13.90% 6.3% 89.5% 34.83%

Top 10 Holdings

  1. Invesco Senior Loan ETF 4.65%
  2. Inmarsat Plc / Connect Us Finco Tl-B 1.41%
  3. Sotera Health(Sterigenics-Nordion) Tl-B 1.25%
  4. Infor Us Inc Tl-B6 1.09%
  5. Jaguar Holding(Pharmaceutical Pro) Tl-B 1.00%
  6. Bausch Health Co (Valeant Pharma) Tl-B 0.99%
  7. Reynolds Group Holdings Inc Tl 0.97%
  8. Clear Channel Outdoor Holdings Inc Tl-B 0.89%
  9. Transdigm Inc Tl-F 0.83%
  10. Refinitiv Us Hold/Thomson & Reuter Tl-B 0.82%

Asset Allocation

Weighting Return Low Return High XMPFX % Rank
Bonds
93.26% 81.88% 150.95% 71.54%
Cash
6.51% -49.60% 18.14% 22.47%
Stocks
0.16% 0.00% 6.18% 56.93%
Other
0.07% -51.57% 8.58% 40.82%
Preferred Stocks
0.00% 0.00% 11.31% 13.48%
Convertible Bonds
0.00% 0.00% 6.07% 19.85%

Stock Sector Breakdown

Weighting Return Low Return High XMPFX % Rank
Consumer Cyclical
0.02% 0.00% 100.00% 51.23%
Utilities
0.00% 0.00% 86.15% 17.24%
Technology
0.00% 0.00% 100.00% 41.87%
Real Estate
0.00% 0.00% 29.08% 5.91%
Industrials
0.00% 0.00% 42.01% 32.51%
Healthcare
0.00% 0.00% 100.00% 15.76%
Financial Services
0.00% 0.00% 100.00% 17.73%
Energy
0.00% 0.00% 100.00% 57.64%
Communication Services
0.00% 0.00% 100.00% 65.02%
Consumer Defense
0.00% 0.00% 1.45% 13.79%
Basic Materials
0.00% 0.00% 100.00% 28.08%

Stock Geographic Breakdown

Weighting Return Low Return High XMPFX % Rank
US
0.16% 0.00% 6.18% 53.18%
Non US
0.00% 0.00% 0.85% 27.34%

Bond Sector Breakdown

Weighting Return Low Return High XMPFX % Rank
Corporate
92.85% 0.00% 99.84% 50.94%
Cash & Equivalents
6.52% 0.00% 52.88% 33.33%
Securitized
0.40% 0.00% 98.94% 45.32%
Municipal
0.00% 0.00% 99.80% 11.61%
Government
0.00% 0.00% 8.01% 15.36%
Derivative
-0.01% -0.01% 17.24% 100.00%

Bond Geographic Breakdown

Weighting Return Low Return High XMPFX % Rank
US
79.10% 37.45% 139.57% 41.95%
Non US
14.16% 0.00% 105.95% 62.55%

Expenses

XMPFX - Expenses

Operational Fees

XMPFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.67% 0.01% 27.10% 89.89%
Management Fee 0.50% 0.00% 1.00% 13.58%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.06% 0.03% 0.40% 14.85%

Sales Fees

XMPFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.75% 5.00% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

XMPFX 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.

XMPFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 52.00% 1.00% 209.00% 54.68%

Distributions

XMPFX - Distributions

Dividend Yield Analysis

XMPFX Category Low Category High XMPFX % Rank
Dividend Yield 0.00% 0.00% 3.95% 34.83%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

XMPFX Category Low Category High XMPFX % Rank
Net Income Ratio 5.08% 1.49% 10.03% 31.46%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

XMPFX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 16.28 5.28 2.42