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BlackRock Low Duration Bd Inv A1 (CMGAX) Fund Ranking and Research

Ranking, Research and Recommendation of BlackRock Low Duration Bd Inv A1 (CMGAX) Fund

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

 

Graph of BlackRock Low Duration Bd Inv A1 Fund (CMGAX) ManagerFund Manager - Scott F. MacLellan

Fund Manager Information

Fund Manager Tenure: 7.2 years
Similar Funds: CMGBX 
Fund Family: BlackRock
Fund Category: Short-Term Bond
Fund Performance: May 30, 2016
Fundmojo Fund Grade: B (Score: 0.65)     (What does this score mean?)

 

Graph of BlackRock Low Duration Bd Inv A1 Fund (CMGAX) ProfileBlackRock Low Duration Bd Inv A1 Fund (CMGAX) Profile

Fund Profile and Description

BlackRock Low Duration Bd Inv A1 Fund seeks to maximize total return, consistent with income generation and prudent investment management. BlackRock Low Duration Bd Inv A1 Fund invests primarily in investment grade bonds and maintains an average portfolio duration that is within 1 year of the duration of the benchmark. The benchmark has an average duration between 1 and 3 years. It may also invest up to 10% of assets in non-investment grade bonds, non-dollar denominated bonds of issuers located outside of the United States and emerging market debt securities.

 

BlackRock Low Duration Bd Inv A1 (CMGAX) Fund Strength What we like about BlackRock Low Duration Bd Inv A1 (CMGAX) Fund

Data for BlackRock Low Duration Bd Inv A1 Fund (CMGAX) as of May 30, 2016

  • BlackRock Low Duration Bd Inv A1 Fund (CMGAX) management has been with BlackRock Low Duration Bd Inv A1 Fund for 7.2 years
  • BlackRock Low Duration Bd Inv A1 Fund (CMGAX) has good mid-term performance (3-year return 1.15% vs 0.93% Short-Term Bond category median performance)
  • BlackRock Low Duration Bd Inv A1 Fund (CMGAX) has good Long-term performance (5-year return 1.81% vs 1.38% Short-Term Bond category median performance)
  • BlackRock Low Duration Bd Inv A1 Fund (CMGAX) ratio of up-years vs down years is greater than 2
  • BlackRock Low Duration Bd Inv A1 Fund (CMGAX) has a Morningstar rating of 4 and above
  • BlackRock Low Duration Bd Inv A1 Fund (CMGAX) is less volatile than its peers as it has a 3-year Standard Deviation of 1.08, lower than category average of 1.36
  • BlackRock Low Duration Bd Inv A1 Fund (CMGAX) has a lower expense ratio than its Short-Term Bond average: 0.60% vs 0.80%

BlackRock Low Duration Bd Inv A1 Fund (CMGAX) Weakness What we are cautious about BlackRock Low Duration Bd Inv A1 (CMGAX) Fund

Data for BlackRock Low Duration Bd Inv A1 Fund (CMGAX) as of May 30, 2016

  • BlackRock Low Duration Bd Inv A1 Fund (CMGAX) has a less-than-ideal short-term performance (1-year return 0.53% vs 0.74% Short-Term Bond category median performance)
  • BlackRock Low Duration Bd Inv A1 Fund (CMGAX) is less safe compared to its Short-Term Bond peers
  • BlackRock Low Duration Bd Inv A1 Fund (CMGAX) has an annual stock turnover rate of 289.00% that is higher than the Short-Term Bond average of 64.39%. This could mean BlackRock Low Duration Bd Inv A1 is more nimble, but also signal potential high tax impact and high trading fees
  • Even though BlackRock Low Duration Bd Inv A1 Fund carries no load, it does have a 0.10% of 12b1 promotion, distributions, marketing expenses
See BlackRock Low Duration Bd Inv A1 Fund (CMGAX) performance details as of May 30, 2016

 

What do you think?

 

Compare BlackRock Low Duration Bd Inv A1 Fund (CMGAX)Compare with other top Short-Term Bond category mutual funds

Aadditional top Short-Term Bond mutual funds for your consideration

FundYear to Date1 Year3 year5 year
BlackRock Low Duration Bd Inv A10.870.531.151.81
Hartford Short Duration I (HSDIX)2.031.361.562.08Compare
Principal Short-Term Income R5 (PSIQX)1.481.141.271.77Compare
Morgan Stanley Inst Limited Duration I (MPLDX)3.682.861.941.90Compare

See top fund managers for Short-Term Bond Category Funds

 

Compare BlackRock Low Duration Bd Inv A1 Fund (CMGAX)Compare with Short-Term Bond category ETFs

Some Short-Term Bond ETFs for your consideration

ETFYear to DateOne YearThree Year
Vanguard Short-Term Bond ETF (BSV)1.45%1.38%1.31%
iShares 1-3 Year Credit Bond (CSJ)1.33%1.29%1.11%
SPDR Barclays Short Term Corp Bd ETF (SCPB)000
Vanguard Short-Term Corporate Bond ETF (VCSH)000

 

Graph of BlackRock Low Duration Bd Inv A1 Fund (CMGAX) Net Asset TrackingBlackRock Low Duration Bd Inv A1 (CMGAX) Fund Net Asset

Track net asset change of BlackRock Low Duration Bd Inv A1 fund (CMGAX)

DateNet Asset
05/2016$5.10B
03/2016$4.96B
02/2016$5.06B
More historic net asset information on BlackRock Low Duration Bd Inv A1 Fund (CMGAX)

  

Graph of BlackRock Low Duration Bd Inv A1 Fund (CMGAX) Portfolio TrackingBlackRock Low Duration Bd Inv A1 (CMGAX) Fund Portfolio Allocation

Track portfolio allocation change of BlackRock Low Duration Bd Inv A1 fund (CMGAX)

DateCashStockBondOther
04/20169.02%0%89.37%0.15%
02/201630.37%0%68.22%0.15%
01/201631.96%0%66.52%0.16%
Click here to see more historic asset allocation information on BlackRock Low Duration Bd Inv A1 Fund (CMGAX)

 

graph of BlackRock Low Duration Bd Inv A1 Fund (CMGAX) Top 10 Position TrackingTop 10 Holdings in BlackRock Low Duration Bd Inv A1 (CMGAX) Fund

Discover what BlackRock Low Duration Bd Inv A1 Fund (CMGAX) manager is buying

Apr 29, 2016
US Treasury Note 1% [6.26%]
US Treasury Note 0.875% [2.75%]
US Treasury Note 0.5% [1.96%]
Fannie Mae Single Family TBA 2.5% 2031-05-01 [1.93%]
US Treasury Note 0.75% [1.56%]
Fed Natl Mort Assc 3.5% [1.34%]
Bank of Nova Scotia 144A FRN [1.29%]

Feb 28, 2016
US Treasury Note 1% [9.92%]
US Treasury Note 0.875% [5.27%]
US Treasury Note 0.094% [2.02%]
US Treasury Note 0.75% [1.61%]
Bank of Nova Scotia 144A FRN [1.32%]
Carmax Auto Owner Tr 2015-2 1.37% [1.2%]
Freddie Mac Gold Single Family TBA 3% 2031-04-01 [1.06%]
Fannie Mae Single Family TBA 3% 2031-04-01 [1.05%]
Ford Motor Credit Co 1.724% [0.95%]

Jan 30, 2016
Fed Natl Mort Assc 3.5% [1.37%]
Bank of Nova Scotia 144A FRN [1.33%]
Chase Issuance Tr 2015-2a 1.59% [1.24%]
Carmax Auto Owner Tr 2015-2 1.37% [1.19%]
Denmark(Kingdom) 1.75% [1.09%]
Goldman Sachs Grp 2.9% [1.06%]
Fannie Mae Single Family TBA 3% 2031-02-01 [1.05%]
Ford Motor Credit Co 1.724% [0.93%]
Freddie Mac Gold Single Family TBA 3.5% 2031-02-01 [0.92%]
Royal Bk Cda 1.2% [0.87%]
Click here for Stock Holding Change Map in BlackRock Low Duration Bd Inv A1 Fund (CMGAX)

  

Latest News on BlackRock Low Duration Bd Inv A1 (CMGAX) Fund

See what is happening with BlackRock Low Duration Bd Inv A1 Fund (CMGAX)

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BlackRock Low Duration Bd Inv A1 Fund (CMGAX) Related ResourcesSee more information on BlackRock Low Duration Bd Inv A1 (CMGAX) Fund

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