BlackRock Dynamic High Income Portfolio
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
10.2%
1 yr return
17.5%
3 Yr Avg Return
0.9%
5 Yr Avg Return
3.7%
Net Assets
$1.09 B
Holdings in Top 10
34.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.08%
SALES FEES
Front Load 5.25%
Deferred Load N/A
TRADING FEES
Turnover 180.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
BDHAX - Profile
Distributions
- YTD Total Return 10.2%
- 3 Yr Annualized Total Return 0.9%
- 5 Yr Annualized Total Return 3.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 4.87%
- Dividend Yield 7.8%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameBlackRock Dynamic High Income Portfolio
-
Fund Family NameBlackRock-advised Funds
-
Inception DateNov 03, 2014
-
Shares Outstanding16664346
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJustin Christofel
Fund Description
BDHAX - Performance
Return Ranking - Trailing
Period | BDHAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 10.2% | -3.2% | 57.3% | 56.30% |
1 Yr | 17.5% | -2.8% | 65.2% | 73.66% |
3 Yr | 0.9%* | -5.5% | 13.6% | 82.67% |
5 Yr | 3.7%* | -3.3% | 19.4% | 94.88% |
10 Yr | 4.8%* | 0.8% | 11.9% | N/A |
* Annualized
Return Ranking - Calendar
Period | BDHAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.9% | -12.2% | 23.9% | 78.07% |
2022 | -21.9% | -34.7% | 2.8% | 82.55% |
2021 | 3.4% | -11.9% | 18.1% | 62.06% |
2020 | -1.2% | -20.9% | 39.7% | 94.60% |
2019 | 13.1% | 0.8% | 25.7% | 60.78% |
Total Return Ranking - Trailing
Period | BDHAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 10.2% | -3.2% | 57.3% | 56.30% |
1 Yr | 17.5% | -2.8% | 65.2% | 73.66% |
3 Yr | 0.9%* | -5.5% | 13.6% | 82.67% |
5 Yr | 3.7%* | -3.3% | 19.4% | 94.88% |
10 Yr | 4.8%* | 0.8% | 11.9% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | BDHAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 13.4% | -12.2% | 26.8% | 51.37% |
2022 | -17.5% | -29.0% | 10.9% | 90.18% |
2021 | 10.6% | -3.0% | 27.3% | 76.93% |
2020 | 4.6% | -19.5% | 40.6% | 90.95% |
2019 | 19.2% | 2.2% | 32.7% | 57.35% |
NAV & Total Return History
BDHAX - Holdings
Concentration Analysis
BDHAX | Category Low | Category High | BDHAX % Rank | |
---|---|---|---|---|
Net Assets | 1.09 B | 789 K | 230 B | 49.43% |
Number of Holdings | 1737 | 2 | 16015 | 6.06% |
Net Assets in Top 10 | 371 M | 577 K | 69.8 B | 55.27% |
Weighting of Top 10 | 34.21% | 10.8% | 122.7% | 62.48% |
Top 10 Holdings
- BlackRock Liquidity Funds, T-Fund, Institutional Class 14.06%
- iShares Core Dividend Growth ETF 11.12%
- iShares International Dividend Growth ETF 2.91%
- BlackRock Floating Rate Income Portfolio, Class K Shares 1.57%
- Wells Fargo Bank NA 1.28%
- BNP Paribas Issuance BV 1.14%
- Barclays Bank plc 0.56%
- U.S. Treasury Inflation Linked Notes 0.54%
- U.S. Treasury Inflation Linked Bonds 0.53%
- Nomura America Finance LLC 0.51%
Asset Allocation
Weighting | Return Low | Return High | BDHAX % Rank | |
---|---|---|---|---|
Bonds | 62.72% | 0.00% | 74.58% | 2.89% |
Stocks | 18.93% | 0.00% | 100.16% | 93.80% |
Cash | 14.23% | -7.92% | 100.00% | 2.45% |
Convertible Bonds | 1.78% | 0.00% | 23.84% | 11.77% |
Other | 0.49% | -42.55% | 113.97% | 25.83% |
Preferred Stocks | 0.02% | 0.00% | 23.91% | 24.24% |
Stock Sector Breakdown
Weighting | Return Low | Return High | BDHAX % Rank | |
---|---|---|---|---|
Real Estate | 18.72% | 0.00% | 65.01% | 2.92% |
Technology | 14.59% | 0.00% | 44.21% | 82.36% |
Healthcare | 13.81% | 0.00% | 29.35% | 53.94% |
Financial Services | 11.86% | 0.00% | 38.77% | 87.17% |
Industrials | 10.07% | 0.00% | 24.37% | 51.02% |
Consumer Cyclical | 8.27% | 0.00% | 19.36% | 70.26% |
Communication Services | 6.87% | 0.00% | 38.10% | 57.87% |
Utilities | 5.83% | 0.00% | 99.55% | 12.10% |
Consumer Defense | 4.67% | 0.00% | 15.14% | 83.97% |
Energy | 3.53% | 0.00% | 85.65% | 76.82% |
Basic Materials | 1.78% | 0.00% | 33.35% | 86.73% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | BDHAX % Rank | |
---|---|---|---|---|
US | 13.86% | 0.00% | 100.16% | 92.64% |
Non US | 5.07% | 0.00% | 39.06% | 10.53% |
Bond Sector Breakdown
Weighting | Return Low | Return High | BDHAX % Rank | |
---|---|---|---|---|
Corporate | 68.51% | 0.00% | 98.21% | 10.17% |
Securitized | 17.27% | 0.00% | 92.13% | 49.71% |
Cash & Equivalents | 14.23% | 0.00% | 99.92% | 2.31% |
Government | 4.04% | 0.00% | 97.26% | 90.99% |
Derivative | 0.35% | -2.87% | 42.43% | 4.47% |
Municipal | 0.00% | 0.00% | 24.80% | 98.69% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | BDHAX % Rank | |
---|---|---|---|---|
US | 54.98% | 0.00% | 74.58% | 3.75% |
Non US | 7.74% | 0.00% | 15.37% | 1.73% |
BDHAX - Expenses
Operational Fees
BDHAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.08% | 0.03% | 17.63% | 43.33% |
Management Fee | 0.59% | 0.00% | 1.83% | 70.63% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 54.13% |
Administrative Fee | 0.06% | 0.01% | 0.83% | 39.57% |
Sales Fees
BDHAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.25% | 2.25% | 5.75% | 63.72% |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
BDHAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 2.00% | 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.
BDHAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 180.00% | 0.00% | 343.00% | 95.69% |
BDHAX - Distributions
Dividend Yield Analysis
BDHAX | Category Low | Category High | BDHAX % Rank | |
---|---|---|---|---|
Dividend Yield | 7.75% | 0.00% | 17.90% | 3.15% |
Dividend Distribution Analysis
BDHAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annually | Quarterly | Annual |
Net Income Ratio Analysis
BDHAX | Category Low | Category High | BDHAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 4.87% | -2.34% | 19.41% | 1.62% |
Capital Gain Distribution Analysis
BDHAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 30, 2024 | $0.056 | OrdinaryDividend |
Aug 30, 2024 | $0.051 | OrdinaryDividend |
Jul 31, 2024 | $0.049 | OrdinaryDividend |
Apr 30, 2024 | $0.050 | OrdinaryDividend |
Mar 31, 2024 | $0.053 | OrdinaryDividend |
Feb 29, 2024 | $0.047 | OrdinaryDividend |
Jan 31, 2024 | $0.044 | OrdinaryDividend |
Dec 29, 2023 | $0.051 | OrdinaryDividend |
Dec 20, 2023 | $0.007 | CapitalGainShortTerm |
Nov 30, 2023 | $0.042 | OrdinaryDividend |
Oct 31, 2023 | $0.044 | OrdinaryDividend |
Sep 29, 2023 | $0.046 | OrdinaryDividend |
Aug 31, 2023 | $0.047 | OrdinaryDividend |
Jul 31, 2023 | $0.042 | OrdinaryDividend |
Jun 30, 2023 | $0.003 | OrdinaryDividend |
May 31, 2023 | $0.040 | OrdinaryDividend |
Apr 28, 2023 | $0.041 | OrdinaryDividend |
Mar 31, 2023 | $0.044 | OrdinaryDividend |
Feb 28, 2023 | $0.036 | OrdinaryDividend |
Jan 31, 2023 | $0.038 | OrdinaryDividend |
Dec 30, 2022 | $0.003 | OrdinaryDividend |
Nov 30, 2022 | $0.038 | OrdinaryDividend |
Oct 31, 2022 | $0.039 | OrdinaryDividend |
Sep 30, 2022 | $0.044 | OrdinaryDividend |
Aug 31, 2022 | $0.041 | OrdinaryDividend |
Jul 29, 2022 | $0.040 | OrdinaryDividend |
Jun 30, 2022 | $0.042 | OrdinaryDividend |
May 31, 2022 | $0.038 | OrdinaryDividend |
Apr 29, 2022 | $0.039 | OrdinaryDividend |
Mar 31, 2022 | $0.041 | OrdinaryDividend |
Feb 28, 2022 | $0.034 | OrdinaryDividend |
Jan 31, 2022 | $0.033 | OrdinaryDividend |
Dec 31, 2021 | $0.043 | OrdinaryDividend |
Dec 22, 2021 | $0.202 | OrdinaryDividend |
Nov 30, 2021 | $0.033 | OrdinaryDividend |
Oct 29, 2021 | $0.034 | OrdinaryDividend |
Sep 30, 2021 | $0.052 | OrdinaryDividend |
Aug 31, 2021 | $0.035 | OrdinaryDividend |
Jun 30, 2021 | $0.044 | OrdinaryDividend |
May 28, 2021 | $0.039 | OrdinaryDividend |
Apr 30, 2021 | $0.039 | OrdinaryDividend |
Mar 31, 2021 | $0.039 | OrdinaryDividend |
Feb 26, 2021 | $0.036 | OrdinaryDividend |
Jan 29, 2021 | $0.038 | OrdinaryDividend |
Dec 31, 2020 | $0.043 | OrdinaryDividend |
Nov 30, 2020 | $0.039 | OrdinaryDividend |
Oct 30, 2020 | $0.039 | OrdinaryDividend |
Sep 30, 2020 | $0.043 | OrdinaryDividend |
Aug 31, 2020 | $0.036 | OrdinaryDividend |
Jul 31, 2020 | $0.038 | OrdinaryDividend |
Jun 30, 2020 | $0.047 | OrdinaryDividend |
May 29, 2020 | $0.042 | OrdinaryDividend |
Apr 30, 2020 | $0.035 | OrdinaryDividend |
Mar 31, 2020 | $0.043 | OrdinaryDividend |
Feb 28, 2020 | $0.038 | OrdinaryDividend |
Jan 31, 2020 | $0.037 | OrdinaryDividend |
Dec 31, 2019 | $0.042 | OrdinaryDividend |
Nov 29, 2019 | $0.039 | OrdinaryDividend |
Oct 31, 2019 | $0.044 | OrdinaryDividend |
Sep 30, 2019 | $0.046 | OrdinaryDividend |
Aug 30, 2019 | $0.046 | OrdinaryDividend |
Jul 31, 2019 | $0.036 | OrdinaryDividend |
Dec 22, 2017 | $0.024 | CapitalGainLongTerm |
Dec 22, 2016 | $0.017 | CapitalGainShortTerm |
Dec 23, 2015 | $0.031 | CapitalGainShortTerm |
Dec 22, 2014 | $0.011 | CapitalGainShortTerm |
BDHAX - Fund Manager Analysis
Managers
Justin Christofel
Start Date
Tenure
Tenure Rank
Nov 03, 2014
7.58
7.6%
Justin Christofel, CFA, CAIA, Managing Director and portfolio manager, is a member of the BlackRock Multi-Asset Strategies group. Prior to the launch of the Income strategies, Mr. Christofel managed customized asset allocation portfolios for institutional investors. He also managed volatility control strategies, and a multi-asset real return portfolio. Mr. Christofel joined Blackrock in 2007 from Oliver Wyman, a consulting firm specializing in financial services. His projects spanned from retail banking to structured finance. Mr. Christofel graduated from Yale University with a BA degree, with honors, in economics and mathematics.
Michael Fredericks
Start Date
Tenure
Tenure Rank
Nov 03, 2014
7.58
7.6%
Michael Fredericks, Managing Director, is head of Income Investing for the Blackrock Multi-Asset Strategies group and lead portfolio manager for the Multi-Asset Income, Global Multi-Asset Income, Dynamic High Income, and Managed Income funds. Mr. Fredericks joined BlackRock in 2011 from JPMorgan Asset Management where he was an Executive Director and portfolio manager in the Global Multi-Asset Group (GMAG) responsible for retail asset allocation solutions. At JPMorgan he co-managed the JPMorgan Diversified Fund and the JPMorgan Income Builder Fund, and served on the GMAG New York investment committee. Previously he was an equity analyst responsible for global consumer discretionary stocks at Nicholas Applegate Capital Management. Mr. Fredericks holds a B.A. in Economics and History from the University of California, Berkeley and an M.P.I.A. from the Graduate School of International Relations and Pacific Studies at the University of California, San Diego. He regularly contributes to financial news media and has been featured in print and broadcast outlets including the Wall Street Journal, Financial Times, Associated Press, CNBC and Bloomberg TV, among others.
Alex Shingler
Start Date
Tenure
Tenure Rank
Mar 09, 2015
7.23
7.2%
Alex Shingler, CFA, Managing Director and portfolio manager, is a member of BlackRock's Multi-Asset Strategies group. Prior to his current role, Mr. Shingler served as a research analyst and portfolio manager within European and US Credit Strategies. Before joining BlackRock in 2009 in London, Mr. Shingler was Head of European Research at R3 Capital Partners and its predecessor. From 1999 to 2007, Mr. Shingler was with Seneca Capital Advisors, focusing on special situation equity and debt investments. He began his career as ananalyst with J.P. Morgan. Mr. Shingler earned an AB degree, summa cum laude, in philosophy from Princeton University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 34.51 | 6.36 | 2.41 |