Continue to site >
Trending ETFs
You have successfully subscribed to Advisor Access. Thank you!
Help us personalize your experience.
Which type of investor describes you best?
Help us personalize your experience.
What is your AUM?
Knowing your investable assets will help us build and prioritize features that will suit your investment needs.

Congratulations on personalizing your experience.

Email is verified. Thank you!

Name

As of 04/18/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

BlackRock Financial Institutions Series Trust - BlackRock Summit Cash Reserves Fd USD Cls INST - Institutional Shares

MSIXX | Fund

$1.00

$464 M

0.00%

0.61%

Vitals

YTD Return

1.7%

1 yr return

5.0%

3 Yr Avg Return

2.4%

5 Yr Avg Return

N/A

Net Assets

$464 M

Holdings in Top 10

56.7%

52 WEEK LOW AND HIGH

$1.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.61%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

$2,000,000

IRA

N/A

Fund Classification

Fund Type

Money Market Fund

Name

As of 04/18/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

BlackRock Financial Institutions Series Trust - BlackRock Summit Cash Reserves Fd USD Cls INST - Institutional Shares

MSIXX | Fund

$1.00

$464 M

0.00%

0.61%

MSIXX - Profile

Distributions

  • YTD Total Return 1.7%
  • 3 Yr Annualized Total Return 2.4%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.00%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    BlackRock Financial Institutions Series Trust - BlackRock Summit Cash Reserves Fd USD Cls INST - Institutional Shares
  • Fund Family Name
    BlackRock
  • Inception Date
    Jul 22, 2019
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Management Team

Fund Description

MSIXX - Performance

Return Ranking - Trailing

Period MSIXX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.7% 0.0% 1.8% 66.89%
1 Yr 5.0% 0.0% 1444.3% 62.33%
3 Yr 2.4%* 0.0% 2.8% 68.89%
5 Yr N/A* 0.0% 121.5% 54.41%
10 Yr N/A* 0.0% 1.6% 68.01%

* Annualized

Return Ranking - Calendar

Period MSIXX Return Category Return Low Category Return High Rank in Category (%)
2023 0.0% 0.0% 0.1% 81.94%
2022 0.0% 0.0% 0.0% 58.67%
2021 0.0% 0.0% 0.0% 57.86%
2020 N/A 0.0% 0.0% 54.48%
2019 N/A 0.0% 0.0% 53.34%

Total Return Ranking - Trailing

Period MSIXX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.7% 0.0% 1.8% 66.89%
1 Yr 5.0% 0.0% 1444.3% 62.33%
3 Yr 2.4%* 0.0% 2.8% 68.89%
5 Yr N/A* 0.0% 121.5% 54.59%
10 Yr N/A* 0.0% 1.6% 68.01%

* Annualized

Total Return Ranking - Calendar

Period MSIXX Return Category Return Low Category Return High Rank in Category (%)
2023 5.0% 0.0% 5.8% 61.11%
2022 1.3% 0.0% 1.8% 64.67%
2021 0.0% 0.0% 0.1% 74.29%
2020 N/A 0.0% 0.8% 54.93%
2019 N/A 0.0% 4868.4% 53.68%

NAV & Total Return History

MSIXX - Holdings

Concentration Analysis

MSIXX Category Low Category High MSIXX % Rank
Net Assets 464 M 16.1 M 86.2 B 47.10%
Number of Holdings 69 1 345 74.84%
Net Assets in Top 10 263 M 22.7 M 21.7 B 89.03%
Weighting of Top 10 56.74% 14.2% 100.0% 11.61%

Top 10 Holdings

  1. Mizuho Securities Usa Llc Tri-Party Mizuho Securities Usa Llc 0.050000% 13.15%
  2. Mizuho Securities Usa Llc Tri-Party Mizuho Securities Usa Llc 0.050000% 13.15%
  3. Mizuho Securities Usa Llc Tri-Party Mizuho Securities Usa Llc 0.050000% 13.15%
  4. Mizuho Securities Usa Llc Tri-Party Mizuho Securities Usa Llc 0.050000% 13.15%
  5. Mizuho Securities Usa Llc Tri-Party Mizuho Securities Usa Llc 0.050000% 13.15%
  6. Mizuho Securities Usa Llc Tri-Party Mizuho Securities Usa Llc 0.050000% 13.15%
  7. Mizuho Securities Usa Llc Tri-Party Mizuho Securities Usa Llc 0.050000% 13.15%
  8. Mizuho Securities Usa Llc Tri-Party Mizuho Securities Usa Llc 0.050000% 13.15%
  9. Mizuho Securities Usa Llc Tri-Party Mizuho Securities Usa Llc 0.050000% 13.15%
  10. Mizuho Securities Usa Llc Tri-Party Mizuho Securities Usa Llc 0.050000% 13.15%

Asset Allocation

Weighting Return Low Return High MSIXX % Rank
Cash 		69.37% 35.74% 100.00% 96.13%
Bonds 		30.63% 0.00% 64.26% 4.52%
Stocks 		0.00% 0.00% 1.03% 60.00%
Preferred Stocks 		0.00% 0.00% 1.01% 64.52%
Other 		0.00% 0.00% 0.04% 60.00%
Convertible Bonds 		0.00% 0.00% 13.25% 68.39%

Bond Sector Breakdown

Weighting Return Low Return High MSIXX % Rank
Cash & Equivalents 		69.37% 35.74% 100.00% 96.13%
Government 		30.63% 0.00% 30.63% 1.29%
Derivative 		0.00% 0.00% 0.36% 60.00%
Securitized 		0.00% 0.00% 0.98% 61.94%
Corporate 		0.00% 0.00% 14.24% 90.97%
Municipal 		0.00% 0.00% 49.89% 90.97%

Bond Geographic Breakdown

Weighting Return Low Return High MSIXX % Rank
US 		30.63% 0.00% 64.26% 4.52%
Non US 		0.00% 0.00% 2.90% 72.26%

MSIXX - Expenses

Operational Fees

MSIXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.61% 0.11% 20.36% 24.34%
Management Fee 0.50% 0.00% 0.57% 97.42%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.03% 0.55% N/A

Sales Fees

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

Trading Fees

MSIXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A 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.

MSIXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 212.00% N/A

MSIXX - Distributions

Dividend Yield Analysis

MSIXX Category Low Category High MSIXX % Rank
Dividend Yield 0.00% 0.00% 5.34% 76.13%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

MSIXX Category Low Category High MSIXX % Rank
Net Income Ratio 0.00% -1.14% 1.97% 86.30%

Capital Gain Distribution Analysis

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

Distributions History

View More +

MSIXX - Fund Manager Analysis

Managers

Management Team

Start Date

Tenure

Tenure Rank

Oct 09, 1998

23.66

23.7%

Team Managed

Tenure Analysis

Category Low Category High Category Average Category Mode
0.25 41.58 16.52 18.34

Advertisement

×

Wait! Do you know all the important aspects of mutual funds?

×

Free Advisor Access newsletter emailed to you.

Receive free and exclusive email updates for financial advisors about best performers, news, CE accredited webcasts and more.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Disclaimer: By registering, you agree to share your data with MutualFunds.com and opt-in to receiving occasional communications about projects and events. The contents of this form are subject to the MutualFunds.com Privacy Policy. You can unsubscribe at any time.