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Trending ETFs

Name

As of 06/14/2024

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

$10.06

$1.24 B

5.17%

$0.52

0.33%

Vitals

YTD Return

2.6%

1 yr return

5.3%

3 Yr Avg Return

2.6%

5 Yr Avg Return

2.2%

Net Assets

$1.24 B

Holdings in Top 10

14.3%

52 WEEK LOW AND HIGH

$10.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.33%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 67.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$5,000,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 06/14/2024

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

$10.06

$1.24 B

5.17%

$0.52

0.33%

BBSOX - Profile

Distributions

  • YTD Total Return 2.6%
  • 3 Yr Annualized Total Return 2.6%
  • 5 Yr Annualized Total Return 2.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.41%
DIVIDENDS
  • Dividend Yield 5.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    BlackRock Short Obligations Fund
  • Fund Family Name
    BlackRock-Advised Funds
  • Inception Date
    Nov 15, 2012
  • Shares Outstanding
    N/A
  • Share Class
    K
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Richard Mejzak

Fund Description

Under normal market conditions, Short Obligations Fund will invest in U.S. dollar-denominated investment grade and short-term fixed and floating rate debt securities maturing in three years or less (with certain exceptions) and will maintain a dollar-weighted average maturity of 180 days or less and a dollar-weighted average life of 365 days or less.
To achieve its investment objective, the Fund may invest in corporate securities, mortgage- and asset-backed securities, and money market instruments, including government, U.S. and foreign bank and commercial obligations, obligations issued by or on behalf of states, territories and possessions of the United States, the District of Columbia and their respective authorities, agencies, instrumentalities and political subdivisions and derivative securities such as beneficial interests in municipal trust certificates and partnership trusts, and repurchase agreements.
The Fund may invest in variable and floating rate instruments and when-issued and delayed delivery securities.
The Fund invests a significant portion of its assets in securities issued by financial services companies, including banks, broker-dealers and insurance companies, and repurchase agreements secured by such obligations.
Investment grade securities purchased by the Fund (or the issuers of such securities) will carry a rating of BBB-, or equivalent, or higher by at least one nationally recognized statistical rating organization (“NRSRO”) and short-term investments (or the issuers of such securities) will carry a rating in the highest two rating categories of at least one NRSRO (e.g., A-2, P-2 or F2 or better by Standard & Poor’s Ratings Services, Moody’s Investors Service, Inc., or Fitch Ratings Inc., respectively), or if such investments are unrated, determined to be of comparable quality by BlackRock, at the time of investment.
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BBSOX - Performance

Return Ranking - Trailing

Period BBSOX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.6% -0.9% 4.4% 60.65%
1 Yr 5.3% 0.7% 10.9% 82.41%
3 Yr 2.6%* -1.8% 6.1% 54.37%
5 Yr 2.2%* -0.9% 4.5% 56.08%
10 Yr 1.7%* -4.4% 27.6% 51.28%

* Annualized

Return Ranking - Calendar

Period BBSOX Return Category Return Low Category Return High Rank in Category (%)
2023 0.9% -2.3% 4.3% 62.96%
2022 -0.7% -6.5% 0.5% 21.53%
2021 -0.4% -2.1% 0.3% 38.92%
2020 0.4% -3.1% 1.8% 41.24%
2019 0.4% -1.2% 6.1% 63.59%

Total Return Ranking - Trailing

Period BBSOX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.6% -0.9% 4.4% 60.65%
1 Yr 5.3% 0.7% 10.9% 82.41%
3 Yr 2.6%* -1.8% 6.1% 54.37%
5 Yr 2.2%* -0.9% 4.5% 56.08%
10 Yr 1.7%* -4.4% 27.6% 51.28%

* Annualized

Total Return Ranking - Calendar

Period BBSOX Return Category Return Low Category Return High Rank in Category (%)
2023 5.4% 0.8% 12.1% 71.76%
2022 0.8% -5.1% 2.5% 19.62%
2021 0.0% -2.1% 14.5% 66.01%
2020 1.7% -1.0% 3.6% 44.33%
2019 3.0% 0.3% 9.6% 51.63%

NAV & Total Return History


BBSOX - Holdings

Concentration Analysis

BBSOX Category Low Category High BBSOX % Rank
Net Assets 1.24 B 25.6 K 22.6 B 43.52%
Number of Holdings 238 2 1291 54.17%
Net Assets in Top 10 177 M 23.7 K 17.3 B 51.39%
Weighting of Top 10 14.26% 5.6% 163.3% 68.98%

Top 10 Holdings

  1. TransCanada PipeLines Ltd. 1.79%
  2. Goldman Sachs Co. LLC 1.61%
  3. Mizuho Securities USA LLC 1.53%
  4. Siemens Financieringsmaatschappij NV 1.53%
  5. BMW US Capital LLC 1.42%
  6. Wells Fargo Securities LLC 1.37%
  7. Citigroup Global Markets, Inc. 1.29%
  8. Bank of America Corp. 1.28%
  9. BMW US Capital LLC 1.26%
  10. Credit Suisse AG 1.21%

Asset Allocation

Weighting Return Low Return High BBSOX % Rank
Cash
45.34% 0.00% 109.88% 4.17%
Bonds
41.24% 0.00% 128.16% 90.74%
Other
13.43% -7.74% 99.94% 37.96%
Convertible Bonds
1.82% 0.00% 15.25% 62.79%
Stocks
0.00% 0.00% 95.95% 18.98%
Preferred Stocks
0.00% 0.00% 1.74% 6.02%

Bond Sector Breakdown

Weighting Return Low Return High BBSOX % Rank
Corporate
50.00% 0.00% 99.91% 34.42%
Cash & Equivalents
45.34% 0.00% 109.88% 4.17%
Municipal
4.68% 0.00% 70.39% 7.44%
Securitized
0.59% 0.00% 100.00% 80.93%
Government
0.58% 0.00% 100.00% 60.00%
Derivative
0.00% -7.49% 21.59% 24.07%

Bond Geographic Breakdown

Weighting Return Low Return High BBSOX % Rank
US
41.24% 0.00% 128.16% 90.74%
Non US
0.00% 0.00% 19.76% 18.98%

BBSOX - Expenses

Operational Fees

BBSOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.33% 0.02% 29.63% 72.43%
Management Fee 0.25% 0.00% 1.19% 41.67%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.06% 0.01% 0.40% 18.95%

Sales Fees

BBSOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.50% 5.75% N/A
Deferred Load N/A 0.25% 1.00% N/A

Trading Fees

BBSOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 1.00% 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.

BBSOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 67.00% 0.00% 369.54% 47.25%

BBSOX - Distributions

Dividend Yield Analysis

BBSOX Category Low Category High BBSOX % Rank
Dividend Yield 5.17% 0.00% 8.76% 46.30%

Dividend Distribution Analysis

BBSOX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

BBSOX Category Low Category High BBSOX % Rank
Net Income Ratio 0.41% -1.30% 14.86% 58.17%

Capital Gain Distribution Analysis

BBSOX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

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BBSOX - Fund Manager Analysis

Managers

Richard Mejzak


Start Date

Tenure

Tenure Rank

Nov 15, 2012

9.55

9.6%

Richard Mejzak has been with BlackRock since 1990, including his years with Merrill Lynch Investment Managers, which was acquired by BlackRock in 2006. Mr. Mejzak became a portfolio manager for BlackRock Fund Advisors in 2012.

Bradford Glessner


Start Date

Tenure

Tenure Rank

Jan 27, 2022

0.34

0.3%

BlackRock

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 32.44 6.56 7.92