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BlackRock Investment Grade Bd BlackRock (BLDRX) Fund Ranking and Research

Ranking, Research and Recommendation of BlackRock Investment Grade Bd BlackRock (BLDRX) Fund

    Last Trade: $ on , Change: (0%)

 

Graph of BlackRock Investment Grade Bd BlackRock Fund (BLDRX) ManagerFund Manager - Jeffrey Cucunato

Fund Manager Information

Fund Manager Tenure: 10.6 years
Similar Funds: BLDIX 
Fund Family: BlackRock
Fund Category: Corporate Bond
Fund Performance: May 30, 2016
Fundmojo Fund Grade: B (Score: 0.61)     (What does this score mean?)

 

Graph of BlackRock Investment Grade Bd BlackRock Fund (BLDRX) ProfileBlackRock Investment Grade Bd BlackRock Fund (BLDRX) Profile

Fund Profile and Description

BlackRock Investment Grade Bd BlackRock Fund seeks to maximize total return, consistent with income generation and prudent investment management. BlackRock Investment Grade Bd BlackRock Fund normally invests at least 80% of assets in bonds and maintains an average portfolio duration that is within 20% of the duration of the Barclay Capital Long Government/Credit index. It may invest up to 20% of its assets in any combination of non-investment grade bonds. The Fund may buy or sell options or futures on a security or an index of securities, or enter into credit default swaps and interest rate or foreign currency transactions, including swaps.

 

BlackRock Investment Grade Bd BlackRock (BLDRX) Fund Strength What we like about BlackRock Investment Grade Bd BlackRock (BLDRX) Fund

Data for BlackRock Investment Grade Bd BlackRock Fund (BLDRX) as of May 30, 2016

  • BlackRock Investment Grade Bd BlackRock Fund (BLDRX) management has been with BlackRock Investment Grade Bd BlackRock Fund for 10.6 years
  • BlackRock Investment Grade Bd BlackRock Fund (BLDRX) has good short-term performance (1-year return 2.86% vs 2.33% Corporate Bond category median performance)
  • BlackRock Investment Grade Bd BlackRock Fund (BLDRX) has good Long-term performance (5-year return 6.22% vs 4.51% Corporate Bond category median performance)
  • BlackRock Investment Grade Bd BlackRock Fund (BLDRX) ratio of up-years vs down years is greater than 2
  • BlackRock Investment Grade Bd BlackRock Fund (BLDRX) has a Morningstar rating of 4 and above
  • Asset base in BlackRock Investment Grade Bd BlackRock Fund (BLDRX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support
  • BlackRock Investment Grade Bd BlackRock Fund (BLDRX) is less volatile than its peers as it has a 3-year Standard Deviation of 4.23, lower than category average of 4.51
  • BlackRock Investment Grade Bd BlackRock Fund (BLDRX) has a lower expense ratio than its Corporate Bond average: 0.45% vs 0.87%
  • BlackRock Investment Grade Bd BlackRock Fund (BLDRX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

BlackRock Investment Grade Bd BlackRock Fund (BLDRX) Weakness What we are cautious about BlackRock Investment Grade Bd BlackRock (BLDRX) Fund

Data for BlackRock Investment Grade Bd BlackRock Fund (BLDRX) as of May 30, 2016

  • BlackRock Investment Grade Bd BlackRock Fund (BLDRX) has a less-than-ideal mid-term performance (3-year return 2.71% vs 3.05% Corporate Bond category median performance)
  • BlackRock Investment Grade Bd BlackRock Fund (BLDRX) is less safe compared to its Corporate Bond peers
  • BlackRock Investment Grade Bd BlackRock Fund (BLDRX) has an annual stock turnover rate of 74.00% that is higher than the Corporate Bond average of 62.08%. This could mean BlackRock Investment Grade Bd BlackRock is more nimble, but also signal potential high tax impact and high trading fees
See BlackRock Investment Grade Bd BlackRock Fund (BLDRX) performance details as of May 30, 2016

 

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Compare BlackRock Investment Grade Bd BlackRock Fund (BLDRX)Compare with other top Corporate Bond category mutual funds

Aadditional top Corporate Bond mutual funds for your consideration

FundYear to Date1 Year3 year5 year
BlackRock Investment Grade Bd BlackRock5.032.862.716.22
Morgan Stanley Inst Corporate Bond A (MIGAX)10.687.415.145.83Compare
Western Asset Corporate Bond I (SIGYX)5.282.914.655.54Compare
Vanguard Long-Term Investment-Grade Adm (VWETX)8.898.306.598.09Compare

See top fund managers for Corporate Bond Category Funds

 

Compare BlackRock Investment Grade Bd BlackRock Fund (BLDRX)Compare with Corporate Bond category ETFs

Some Corporate Bond ETFs for your consideration

ETFYear to DateOne YearThree Year
Vanguard Long-Term Corporate Bond ETF (VCLT)9.19%6.65%5.84%
iShares 10+ Year Credit Bond (CLY)9.16%5.38%5.02%
PIMCO Investment Grade Corporate Bd ETF (CORP)6.10%4.37%4.08%
Vanguard Intermediate-Term Corp Bd ETF (VCIT)5.00%4.25%4.10%
FlexShares Credit-Scored US Corp Bd ETF (SKOR)3.56%3.30%NaN

 

Graph of BlackRock Investment Grade Bd BlackRock Fund (BLDRX) Net Asset TrackingBlackRock Investment Grade Bd BlackRock (BLDRX) Fund Net Asset

Track net asset change of BlackRock Investment Grade Bd BlackRock fund (BLDRX)

DateNet Asset
05/2016$90.98M
03/2016$85.01M
02/2016$82.79M
More historic net asset information on BlackRock Investment Grade Bd BlackRock Fund (BLDRX)

  

Graph of BlackRock Investment Grade Bd BlackRock Fund (BLDRX) Portfolio TrackingBlackRock Investment Grade Bd BlackRock (BLDRX) Fund Portfolio Allocation

Track portfolio allocation change of BlackRock Investment Grade Bd BlackRock fund (BLDRX)

DateCashStockBondOther
04/201611.81%0%85.98%0.06%
02/201615.41%0%82.18%0.03%
01/201613.97%0%83.64%0.03%
Click here to see more historic asset allocation information on BlackRock Investment Grade Bd BlackRock Fund (BLDRX)

 

graph of BlackRock Investment Grade Bd BlackRock Fund (BLDRX) Top 10 Position TrackingTop 10 Holdings in BlackRock Investment Grade Bd BlackRock (BLDRX) Fund

Discover what BlackRock Investment Grade Bd BlackRock Fund (BLDRX) manager is buying

Apr 29, 2016
US Treasury Note 1.75% [7.15%]
US Treasury Bond 3% [2.79%]
US Treasury Bond 2.5% [1.7%]
Bk Amer 6% [1.16%]
FNMA 2.125% [1.07%]
Nbcuniversal Entpr 144A 5.25% [0.99%]
Bk Amer 4.45% [0.88%]
Crown Castle Towers 2010-1-2- CMO 6.113% [0.75%]
Credit Suisse New York Branch 1.7% [0.73%]
Jpmorgan Chase 6.125% [0.72%]

Feb 28, 2016
US Treasury Note 1.75% [7.47%]
US Treasury Bond 3% [4.54%]
Bk Amer 6% [1.21%]
Nbcuniversal Entpr 144A 5.25% [1.03%]
Bk Amer 4.45% [0.92%]
Crown Castle Towers 2010-1-2- CMO 6.113% [0.78%]
Credit Suisse New York Branch 1.7% [0.77%]
Jpmorgan Chase 6.125% [0.76%]
Amer Tower 4.5% [0.75%]
Anheuser Busch Inbev Fin 3.65% [0.71%]

Jan 30, 2016
US Treasury Note 1.75% [7.83%]
US Treasury Bond 2.875% [2.43%]
US Treasury Bond 3% [2.36%]
Bk Amer 6% [1.29%]
Nbcuniversal Entpr 144A 5.25% [1.11%]
Crown Castle Towers 2010-1-2- CMO 6.113% [0.82%]
Credit Suisse New York Branch 1.7% [0.8%]
Jpmorgan Chase 6.125% [0.78%]
Amer Tower 4.5% [0.77%]
Anheuser Busch Inbev Fin 3.65% [0.72%]
Click here for Stock Holding Change Map in BlackRock Investment Grade Bd BlackRock Fund (BLDRX)

  

Latest News on BlackRock Investment Grade Bd BlackRock (BLDRX) Fund

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