BlackRock Managed Income Institutional
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
Vitals
YTD Return
-11.0%
1 yr return
-4.3%
3 Yr Avg Return
2.9%
5 Yr Avg Return
3.1%
Net Assets
$962 M
Holdings in Top 10
21.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.44%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 45.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Investment Style
Allocation--15% to 30% Equity
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
BLDIX - Profile
Distributions
- YTD Total Return -11.0%
- 3 Yr Annualized Total Return 2.9%
- 5 Yr Annualized Total Return 3.1%
- Capital Gain Distribution Frequency None
- Net Income Ratio 3.17%
- Dividend Yield 3.3%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameBlackRock Managed Income Fund
-
Fund Family NameBlackRock
-
Inception DateOct 19, 2007
-
Shares Outstanding50562971
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJustin Christofel
Fund Description
The fund may invest up to 100% of its assets in fixed-income securities and up to 30% of its assets in equity securities. It may also gain exposure to such fixed-income securities and equity securities by investing in BlackRock fixed-income and/or equity mutual funds and affiliated and unaffiliated ETFs. With respect to the fund's fixed-income investments, the fund may invest in fixed-income securities such as corporate bonds and notes, commercial and residential mortgage-backed securities, asset-backed securities, municipal securities, etc.
BLDIX - Performance
Return Ranking - Trailing
Period | BLDIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -11.0% | -35.2% | 8.0% | 36.43% |
1 Yr | -4.3% | -17.5% | 15.5% | 15.71% |
3 Yr | 2.9%* | -2.6% | 9.8% | 53.03% |
5 Yr | 3.1%* | -3.6% | 7.2% | 41.54% |
10 Yr | 3.1%* | 1.2% | 6.2% | 72.73% |
* Annualized
Return Ranking - Calendar
Period | BLDIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2021 | 0.3% | -8.5% | 3.8% | 36.03% |
2020 | 2.0% | -16.2% | 11.1% | 87.50% |
2019 | 5.5% | 3.0% | 10.9% | 92.19% |
2018 | -4.7% | -14.7% | -1.2% | 12.80% |
2017 | 0.7% | -3.3% | 14.3% | 95.04% |
Total Return Ranking - Trailing
Period | BLDIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -11.0% | -35.2% | 8.0% | 33.57% |
1 Yr | -4.3% | -21.0% | 15.5% | 15.00% |
3 Yr | 2.9%* | -3.7% | 9.8% | 45.45% |
5 Yr | 3.1%* | -4.0% | 7.2% | 36.92% |
10 Yr | 3.1%* | 1.2% | 6.2% | 66.36% |
* Annualized
Total Return Ranking - Calendar
Period | BLDIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2021 | 0.3% | -8.5% | 3.8% | 36.03% |
2020 | 2.0% | -16.2% | 11.1% | 87.50% |
2019 | 5.5% | 3.0% | 10.9% | 92.19% |
2018 | -4.7% | -14.7% | 0.4% | 44.80% |
2017 | 1.5% | -3.3% | 17.4% | 95.04% |
NAV & Total Return History
BLDIX - Holdings
Concentration Analysis
BLDIX | Category Low | Category High | BLDIX % Rank | |
---|---|---|---|---|
Net Assets | 962 M | 1.58 M | 6.08 B | 27.97% |
Number of Holdings | 2856 | 3 | 7774 | 5.59% |
Net Assets in Top 10 | 218 M | -56 M | 5.07 B | 41.96% |
Weighting of Top 10 | 21.27% | 10.9% | 100.0% | 97.76% |
Top 10 Holdings
- BlackRock Allocation Target Shrs Ser A 6.49%
- BlackRock Floating Rate Income K 2.95%
- BlackRock GNMA K 2.92%
- BlackRock Liquidity T-Fund Instl 2.04%
- BlackRock High Yield Bond K 1.82%
- Russell 2000 - Eln 0.76%
- Russell 2000 - Eln 0.76%
- Russell 2000 - Eln 0.76%
- Russell 2000 - Eln 0.76%
- Russell 2000 - Eln 0.76%
Asset Allocation
Weighting | Return Low | Return High | BLDIX % Rank | |
---|---|---|---|---|
Bonds | 75.39% | 0.00% | 130.40% | 19.58% |
Stocks | 18.32% | -1.95% | 57.00% | 70.63% |
Convertible Bonds | 3.28% | 0.00% | 3.97% | 5.59% |
Cash | 2.67% | -54.98% | 76.00% | 72.03% |
Preferred Stocks | 0.31% | 0.00% | 3.73% | 23.78% |
Other | 0.02% | -3.09% | 22.34% | 51.05% |
Stock Sector Breakdown
Weighting | Return Low | Return High | BLDIX % Rank | |
---|---|---|---|---|
Healthcare | 18.59% | 0.00% | 19.76% | 2.80% |
Technology | 16.57% | 0.00% | 25.62% | 61.54% |
Financial Services | 16.41% | 0.00% | 20.10% | 7.69% |
Consumer Cyclical | 9.14% | 0.00% | 19.49% | 69.23% |
Real Estate | 9.04% | 0.00% | 78.69% | 23.78% |
Industrials | 8.75% | 0.00% | 29.86% | 87.41% |
Consumer Defense | 7.71% | 0.00% | 22.77% | 14.69% |
Communication Services | 7.43% | 0.00% | 11.71% | 37.06% |
Utilities | 2.63% | 0.00% | 91.26% | 65.73% |
Energy | 2.38% | 0.00% | 27.98% | 93.71% |
Basic Materials | 1.36% | 0.00% | 12.77% | 92.31% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | BLDIX % Rank | |
---|---|---|---|---|
US | 14.41% | -1.96% | 56.43% | 57.34% |
Non US | 3.91% | -2.14% | 14.08% | 64.34% |
Bond Sector Breakdown
Weighting | Return Low | Return High | BLDIX % Rank | |
---|---|---|---|---|
Corporate | 73.91% | 0.00% | 73.91% | 1.40% |
Securitized | 20.70% | 0.00% | 61.25% | 41.96% |
Cash & Equivalents | 5.17% | 1.69% | 100.00% | 80.42% |
Government | 0.20% | 0.00% | 62.10% | 95.80% |
Derivative | 0.01% | 0.00% | 23.66% | 58.74% |
Municipal | 0.00% | 0.00% | 20.03% | 84.62% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | BLDIX % Rank | |
---|---|---|---|---|
US | 62.64% | 0.00% | 130.40% | 27.97% |
Non US | 12.75% | -1.54% | 27.51% | 29.37% |
BLDIX - Expenses
Operational Fees
BLDIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.44% | 0.11% | 3.16% | 91.61% |
Management Fee | 0.35% | 0.00% | 1.25% | 71.33% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.06% | 0.01% | 0.70% | 26.92% |
Sales Fees
BLDIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.50% | N/A |
Trading Fees
BLDIX 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.
BLDIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 45.00% | 6.00% | 318.00% | 62.70% |
BLDIX - Distributions
Dividend Yield Analysis
BLDIX | Category Low | Category High | BLDIX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.27% | 0.00% | 8.70% | 6.29% |
Dividend Distribution Analysis
BLDIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annually | Monthly | Quarterly |
Net Income Ratio Analysis
BLDIX | Category Low | Category High | BLDIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.17% | -1.30% | 3.99% | 5.07% |
Capital Gain Distribution Analysis
BLDIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | None | Annually | Semi-Monthly | Annually |
Dividend Payout History
Date | Amount | Type |
---|---|---|
Aug 31, 2022 | $0.025 | DailyAccrualFund |
Jul 29, 2022 | $0.039 | DailyAccrualFund |
Jul 15, 2022 | $0.014 | OrdinaryDividend |
Jun 30, 2022 | $0.025 | DailyAccrualFund |
May 31, 2022 | $0.025 | DailyAccrualFund |
Apr 29, 2022 | $0.029 | DailyAccrualFund |
Mar 31, 2022 | $0.025 | DailyAccrualFund |
Jan 31, 2022 | $0.025 | DailyAccrualFund |
Dec 31, 2021 | $0.032 | DailyAccrualFund |
Nov 30, 2021 | $0.025 | DailyAccrualFund |
Oct 29, 2021 | $0.039 | DailyAccrualFund |
Sep 30, 2021 | $0.025 | DailyAccrualFund |
Aug 31, 2021 | $0.025 | DailyAccrualFund |
Jul 30, 2021 | $0.037 | DailyAccrualFund |
Jun 30, 2021 | $0.025 | DailyAccrualFund |
May 28, 2021 | $0.025 | DailyAccrualFund |
Apr 30, 2021 | $0.030 | DailyAccrualFund |
Mar 31, 2021 | $0.025 | DailyAccrualFund |
Feb 26, 2021 | $0.025 | DailyAccrualFund |
Jan 29, 2021 | $0.025 | DailyAccrualFund |
Dec 31, 2020 | $0.033 | DailyAccrualFund |
Nov 30, 2020 | $0.025 | DailyAccrualFund |
Oct 30, 2020 | $0.030 | DailyAccrualFund |
Sep 30, 2020 | $0.029 | DailyAccrualFund |
Aug 31, 2020 | $0.034 | DailyAccrualFund |
Jul 31, 2020 | $0.032 | DailyAccrualFund |
Jun 30, 2020 | $0.029 | DailyAccrualFund |
May 29, 2020 | $0.029 | DailyAccrualFund |
Apr 30, 2020 | $0.035 | DailyAccrualFund |
Mar 31, 2020 | $0.029 | DailyAccrualFund |
Feb 28, 2020 | $0.029 | DailyAccrualFund |
Dec 31, 2019 | $0.044 | DailyAccrualFund |
Nov 29, 2019 | $0.029 | DailyAccrualFund |
Oct 31, 2019 | $0.044 | DailyAccrualFund |
Sep 30, 2019 | $0.029 | DailyAccrualFund |
Aug 30, 2019 | $0.029 | DailyAccrualFund |
Jul 31, 2019 | $0.038 | DailyAccrualFund |
May 31, 2019 | $0.029 | DailyAccrualFund |
Apr 30, 2019 | $0.032 | DailyAccrualFund |
Mar 29, 2019 | $0.029 | DailyAccrualFund |
Feb 28, 2019 | $0.029 | DailyAccrualFund |
Jan 31, 2019 | $0.029 | DailyAccrualFund |
Dec 31, 2018 | $0.053 | DailyAccrualFund |
Nov 30, 2018 | $0.029 | DailyAccrualFund |
Oct 31, 2018 | $0.056 | DailyAccrualFund |
Sep 28, 2018 | $0.025 | DailyAccrualFund |
Aug 31, 2018 | $0.025 | DailyAccrualFund |
Jul 31, 2018 | $0.042 | DailyAccrualFund |
Jun 29, 2018 | $0.025 | DailyAccrualFund |
May 31, 2018 | $0.025 | DailyAccrualFund |
Apr 30, 2018 | $0.028 | DailyAccrualFund |
Mar 29, 2018 | $0.025 | DailyAccrualFund |
Feb 28, 2018 | $0.025 | DailyAccrualFund |
Jan 31, 2018 | $0.025 | DailyAccrualFund |
Nov 30, 2017 | $0.025 | DailyAccrualFund |
Oct 31, 2017 | $0.044 | DailyAccrualFund |
Sep 29, 2017 | $0.026 | DailyAccrualFund |
Jul 31, 2017 | $0.037 | DailyAccrualFund |
Jun 30, 2017 | $0.025 | DailyAccrualFund |
May 31, 2017 | $0.025 | DailyAccrualFund |
Apr 28, 2017 | $0.025 | DailyAccrualFund |
Mar 31, 2017 | $0.025 | DailyAccrualFund |
Feb 28, 2017 | $0.025 | DailyAccrualFund |
Dec 30, 2016 | $0.025 | DailyAccrualFund |
Nov 30, 2016 | $0.025 | DailyAccrualFund |
Oct 31, 2016 | $0.025 | DailyAccrualFund |
Sep 30, 2016 | $0.022 | DailyAccrualFund |
Aug 31, 2016 | $0.023 | DailyAccrualFund |
Jul 29, 2016 | $0.024 | DailyAccrualFund |
Jun 30, 2016 | $0.022 | DailyAccrualFund |
May 31, 2016 | $0.022 | DailyAccrualFund |
Apr 29, 2016 | $0.022 | DailyAccrualFund |
Mar 31, 2016 | $0.024 | DailyAccrualFund |
Feb 29, 2016 | $0.021 | DailyAccrualFund |
Jan 29, 2016 | $0.023 | DailyAccrualFund |
Dec 31, 2015 | $0.024 | DailyAccrualFund |
Nov 30, 2015 | $0.022 | DailyAccrualFund |
Oct 30, 2015 | $0.023 | DailyAccrualFund |
Sep 30, 2015 | $0.024 | DailyAccrualFund |
Aug 31, 2015 | $0.025 | DailyAccrualFund |
Jul 31, 2015 | $0.024 | DailyAccrualFund |
Jun 30, 2015 | $0.022 | DailyAccrualFund |
May 29, 2015 | $0.023 | DailyAccrualFund |
Apr 30, 2015 | $0.021 | DailyAccrualFund |
Mar 31, 2015 | $0.023 | DailyAccrualFund |
Feb 27, 2015 | $0.020 | DailyAccrualFund |
Jan 30, 2015 | $0.022 | DailyAccrualFund |
Dec 31, 2014 | $0.025 | DailyAccrualFund |
Nov 28, 2014 | $0.024 | DailyAccrualFund |
Oct 31, 2014 | $0.024 | DailyAccrualFund |
Sep 30, 2014 | $0.025 | DailyAccrualFund |
Aug 29, 2014 | $0.026 | DailyAccrualFund |
Jul 31, 2014 | $0.026 | DailyAccrualFund |
Jun 30, 2014 | $0.026 | DailyAccrualFund |
May 30, 2014 | $0.026 | DailyAccrualFund |
Apr 30, 2014 | $0.025 | DailyAccrualFund |
Mar 31, 2014 | $0.027 | DailyAccrualFund |
Mar 03, 2014 | $0.026 | DailyAccrualFund |
Feb 03, 2014 | $0.029 | DailyAccrualFund |
Jan 02, 2014 | $0.032 | DailyAccrualFund |
Dec 02, 2013 | $0.029 | DailyAccrualFund |
Nov 01, 2013 | $0.029 | DailyAccrualFund |
Oct 01, 2013 | $0.028 | DailyAccrualFund |
Sep 03, 2013 | $0.027 | DailyAccrualFund |
Aug 01, 2013 | $0.031 | DailyAccrualFund |
Jul 01, 2013 | $0.031 | DailyAccrualFund |
Jun 03, 2013 | $0.031 | DailyAccrualFund |
May 01, 2013 | $0.032 | DailyAccrualFund |
Apr 01, 2013 | $0.033 | DailyAccrualFund |
Mar 01, 2013 | $0.029 | DailyAccrualFund |
Feb 01, 2013 | $0.032 | DailyAccrualFund |
Jan 02, 2013 | $0.034 | DailyAccrualFund |
Dec 03, 2012 | $0.034 | DailyAccrualFund |
Nov 01, 2012 | $0.034 | DailyAccrualFund |
Oct 01, 2012 | $0.034 | DailyAccrualFund |
Sep 04, 2012 | $0.033 | DailyAccrualFund |
Aug 01, 2012 | $0.035 | DailyAccrualFund |
Jul 02, 2012 | $0.034 | DailyAccrualFund |
Jun 01, 2012 | $0.035 | DailyAccrualFund |
May 01, 2012 | $0.033 | DailyAccrualFund |
Apr 02, 2012 | $0.035 | DailyAccrualFund |
Mar 01, 2012 | $0.033 | DailyAccrualFund |
Feb 01, 2012 | $0.036 | DailyAccrualFund |
Jan 03, 2012 | $0.037 | DailyAccrualFund |
Dec 01, 2011 | $0.039 | DailyAccrualFund |
Nov 01, 2011 | $0.040 | DailyAccrualFund |
Oct 03, 2011 | $0.039 | DailyAccrualFund |
Sep 01, 2011 | $0.039 | DailyAccrualFund |
Aug 01, 2011 | $0.039 | DailyAccrualFund |
Jul 01, 2011 | $0.038 | DailyAccrualFund |
Jun 01, 2011 | $0.041 | DailyAccrualFund |
May 02, 2011 | $0.038 | DailyAccrualFund |
Apr 01, 2011 | $0.041 | DailyAccrualFund |
Mar 01, 2011 | $0.036 | DailyAccrualFund |
Feb 01, 2011 | $0.038 | DailyAccrualFund |
Jan 03, 2011 | $0.042 | DailyAccrualFund |
Dec 01, 2010 | $0.039 | DailyAccrualFund |
Nov 01, 2010 | $0.041 | DailyAccrualFund |
Oct 01, 2010 | $0.042 | DailyAccrualFund |
Sep 01, 2010 | $0.044 | DailyAccrualFund |
Aug 02, 2010 | $0.044 | DailyAccrualFund |
Jul 01, 2010 | $0.038 | DailyAccrualFund |
Jun 01, 2010 | $0.041 | DailyAccrualFund |
May 03, 2010 | $0.040 | DailyAccrualFund |
Apr 01, 2010 | $0.044 | DailyAccrualFund |
Mar 01, 2010 | $0.040 | DailyAccrualFund |
Feb 01, 2010 | $0.043 | DailyAccrualFund |
Jan 04, 2010 | $0.041 | DailyAccrualFund |
Dec 01, 2009 | $0.039 | DailyAccrualFund |
Nov 02, 2009 | $0.039 | DailyAccrualFund |
Oct 01, 2009 | $0.039 | DailyAccrualFund |
Sep 01, 2009 | $0.042 | DailyAccrualFund |
Aug 03, 2009 | $0.043 | DailyAccrualFund |
Jul 01, 2009 | $0.046 | DailyAccrualFund |
Jun 01, 2009 | $0.045 | DailyAccrualFund |
May 01, 2009 | $0.044 | DailyAccrualFund |
Apr 01, 2009 | $0.048 | DailyAccrualFund |
Mar 02, 2009 | $0.039 | DailyAccrualFund |
Feb 02, 2009 | $0.040 | DailyAccrualFund |
Jan 02, 2009 | $0.035 | DailyAccrualFund |
Dec 01, 2008 | $0.037 | DailyAccrualFund |
Nov 03, 2008 | $0.037 | DailyAccrualFund |
Oct 01, 2008 | $0.042 | DailyAccrualFund |
Sep 02, 2008 | $0.046 | DailyAccrualFund |
Aug 01, 2008 | $0.043 | DailyAccrualFund |
Jul 01, 2008 | $0.038 | DailyAccrualFund |
Jun 02, 2008 | $0.039 | DailyAccrualFund |
May 01, 2008 | $0.039 | DailyAccrualFund |
Apr 01, 2008 | $0.039 | DailyAccrualFund |
Mar 03, 2008 | $0.037 | DailyAccrualFund |
Feb 01, 2008 | $0.042 | DailyAccrualFund |
BLDIX - Fund Manager Analysis
Managers
Justin Christofel
Start Date
Tenure
Tenure Rank
Sep 30, 2016
5.67
5.7%
Justin Christofel, CFA, CAIA, Managing Director and portfolio manager, is a member of the BlackRock Multi-Asset Strategies group. Prior to the launch of the Income strategies, Mr. Christofel managed customized asset allocation portfolios for institutional investors. He also managed volatility control strategies, and a multi-asset real return portfolio. Mr. Christofel joined Blackrock in 2007 from Oliver Wyman, a consulting firm specializing in financial services. His projects spanned from retail banking to structured finance. Mr. Christofel graduated from Yale University with a BA degree, with honors, in economics and mathematics.
Michael Fredericks
Start Date
Tenure
Tenure Rank
Sep 30, 2016
5.67
5.7%
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.
Alex Shingler
Start Date
Tenure
Tenure Rank
Sep 30, 2016
5.67
5.7%
Alex Shingler, CFA, Managing Director and portfolio manager, is a member of BlackRock's Multi-Asset Strategies group. Prior to his current role, Mr. Shingler served as a research analyst and portfolio manager within European and US Credit Strategies. Before joining BlackRock in 2009 in London, Mr. Shingler was Head of European Research at R3 Capital Partners and its predecessor. From 1999 to 2007, Mr. Shingler was with Seneca Capital Advisors, focusing on special situation equity and debt investments. He began his career as ananalyst with J.P. Morgan. Mr. Shingler earned an AB degree, summa cum laude, in philosophy from Princeton University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 26.96 | 6.14 | 1.92 |