Morningstar

BlackRock High Yield Instl BHYIX

Morningstar Medalist Rating
Medalist Rating as of | See BlackRock Investment Hub
  • NAV / 1-Day Return 7.23  /  +0.02 %
  • Total Assets 25.2 Bil
  • Adj. Expense Ratio
    0.580%
  • Expense Ratio 0.580%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 2.0 Mil
  • Status Open
  • TTM Yield 6.90%
  • Effective Duration 3.05 years

USD | NAV as of Sep 26, 2024 | 1-Day Return as of Sep 26, 2024, 10:13 PM GMT+0

Morningstar’s Analysis BHYIX

Will BHYIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable BHYIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the BHYIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of BHYIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A good offering.

Analyst Jeana Marie Doubell

Jeana Marie Doubell

Analyst

Summary

BlackRock’s US high-yield bond strategy is a strong offer, boasting a veteran management team and extensive supporting resources coupled with a well-rounded investment approach.

by Jeana Marie Doubell
Rated on Published on

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Portfolio Holdings BHYIX

More BHYIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 11.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

iShares Broad USD High Yield Corp Bd ETF

3.60 850.5 Mil
—

ICE: (CDX.NA.HY.42.V1)

2.72 644.1 Mil
Derivative

BlackRock Liquidity T-Fund Instl

1.51 357.4 Mil
Cash and Equivalents

EUR/USD Purchased

1.50 355.1 Mil
Derivative

HUB International Ltd.

1.10 259.6 Mil
Corporate

TRSWAP: IBOXHY INDEX

1.09 258.9 Mil
—

EUR/USD Purchased

0.97 230.6 Mil
Derivative

HUB International Ltd.

0.90 212.9 Mil
Corporate

Mauser Packaging Solutions Holding Co.

0.82 193.2 Mil
Corporate

UKG Inc.

0.78 185.6 Mil
Corporate

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