Name
As of 02/07/2025Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.1%
1 yr return
8.0%
3 Yr Avg Return
6.2%
5 Yr Avg Return
5.0%
Net Assets
$4.07 B
Holdings in Top 10
14.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.97%
SALES FEES
Front Load 2.50%
Deferred Load N/A
TRADING FEES
Turnover 47.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 02/07/2025Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
BFRAX - Profile
Distributions
- YTD Total Return 1.1%
- 3 Yr Annualized Total Return 6.2%
- 5 Yr Annualized Total Return 5.0%
- Capital Gain Distribution Frequency None
- Net Income Ratio 3.43%
- Dividend Yield 6.7%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameBlackRock Floating Rate Income Portfolio
-
Fund Family NameBlackRock-advised Funds
-
Inception DateNov 03, 1989
-
Shares Outstanding41752732
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJames Keenan
Fund Description
BFRAX - Performance
Return Ranking - Trailing
Period | BFRAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.1% | -2.6% | 2.2% | 56.60% |
1 Yr | 8.0% | -4.9% | 10.7% | 53.79% |
3 Yr | 6.2%* | -7.0% | 8.4% | 31.92% |
5 Yr | 5.0%* | -4.7% | 38.1% | 30.58% |
10 Yr | 4.3%* | -0.5% | 20.0% | 32.24% |
* Annualized
Return Ranking - Calendar
Period | BFRAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2024 | -0.2% | -4.1% | 2.7% | 41.51% |
2023 | 3.2% | -12.0% | 11.1% | 45.28% |
2022 | -5.3% | -22.9% | 5.1% | 8.91% |
2021 | 0.6% | -12.2% | 11.1% | 77.38% |
2020 | -1.6% | -14.1% | 289.8% | 21.90% |
Total Return Ranking - Trailing
Period | BFRAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.1% | -2.6% | 2.2% | 56.60% |
1 Yr | 8.0% | -4.9% | 10.7% | 53.79% |
3 Yr | 6.2%* | -7.0% | 8.4% | 31.92% |
5 Yr | 5.0%* | -4.7% | 38.1% | 30.58% |
10 Yr | 4.3%* | -0.5% | 20.0% | 32.24% |
* Annualized
Total Return Ranking - Calendar
Period | BFRAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2024 | 8.8% | -4.1% | 13.6% | 50.19% |
2023 | 12.1% | -12.0% | 22.1% | 58.87% |
2022 | -0.4% | -22.9% | 5.1% | 8.53% |
2021 | 4.1% | -10.2% | 11.1% | 71.43% |
2020 | 2.7% | -8.8% | 306.9% | 26.45% |
NAV & Total Return History
BFRAX - Holdings
Concentration Analysis
BFRAX | Category Low | Category High | BFRAX % Rank | |
---|---|---|---|---|
Net Assets | 4.07 B | 29.9 M | 13.5 B | 13.13% |
Number of Holdings | 481 | 2 | 2051 | 22.57% |
Net Assets in Top 10 | 595 M | -191 M | 2.22 B | 12.06% |
Weighting of Top 10 | 14.62% | 5.2% | 100.7% | 41.80% |
Top 10 Holdings
- BlackRock Liquidity Funds, T-Fund, Institutional Class 6.78%
- Invesco Senior Loan ETF 1.08%
- BlackRock Cash Funds: Institutional, SL Agency Shares 0.93%
- Alliant Holdings Intermediate LLC, 1st Lien Term Loan 0.93%
- Cloud Software Group, Inc., Facility 1st Lien Term Loan B 0.91%
- Dun Bradstreet Corp. (The), 1st Lien Term Loan B 0.87%
- SPDR Blackstone Senior Loan ETF 0.85%
- Allied Universal HoldCo LLC, 1st Lien Term Loan 0.77%
- Zayo Group Holdings, Inc., 1st Lien Term Loan 0.75%
- TK Elevator Midco GmbH, 1st Lien Term Loan C 0.75%
Asset Allocation
Weighting | Return Low | Return High | BFRAX % Rank | |
---|---|---|---|---|
Bonds | 92.71% | 0.00% | 161.82% | 73.93% |
Cash | 7.70% | -61.90% | 16.36% | 15.56% |
Stocks | 0.34% | 0.00% | 100.70% | 68.09% |
Other | 0.13% | -52.39% | 26.58% | 36.96% |
Convertible Bonds | 0.07% | 0.00% | 5.51% | 40.00% |
Preferred Stocks | 0.02% | -3.99% | 7.54% | 27.24% |
Stock Sector Breakdown
Weighting | Return Low | Return High | BFRAX % Rank | |
---|---|---|---|---|
Energy | 74.60% | 0.00% | 100.00% | 14.78% |
Industrials | 24.75% | 0.00% | 100.00% | 7.83% |
Consumer Cyclical | 0.34% | 0.00% | 97.66% | 27.83% |
Technology | 0.31% | 0.00% | 100.00% | 13.91% |
Utilities | 0.00% | 0.00% | 100.00% | 33.91% |
Real Estate | 0.00% | 0.00% | 48.61% | 22.61% |
Healthcare | 0.00% | 0.00% | 100.00% | 22.61% |
Financial Services | 0.00% | 0.00% | 89.61% | 23.48% |
Communication Services | 0.00% | 0.00% | 100.00% | 65.22% |
Consumer Defense | 0.00% | 0.00% | 100.00% | 34.78% |
Basic Materials | 0.00% | 0.00% | 1.36% | 20.87% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | BFRAX % Rank | |
---|---|---|---|---|
US | 0.34% | -0.01% | 100.70% | 65.76% |
Non US | 0.00% | 0.00% | 0.68% | 35.02% |
Bond Sector Breakdown
Weighting | Return Low | Return High | BFRAX % Rank | |
---|---|---|---|---|
Corporate | 89.08% | 0.00% | 99.80% | 52.55% |
Cash & Equivalents | 7.70% | 0.00% | 25.03% | 14.01% |
Derivative | 0.13% | -11.46% | 0.67% | 19.46% |
Securitized | 0.00% | 0.00% | 91.68% | 54.12% |
Municipal | 0.00% | 0.00% | 0.47% | 21.57% |
Government | 0.00% | 0.00% | 3.18% | 37.65% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | BFRAX % Rank | |
---|---|---|---|---|
US | 92.70% | 0.00% | 124.50% | 49.42% |
Non US | 0.01% | 0.00% | 63.23% | 44.75% |
BFRAX - Expenses
Operational Fees
BFRAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.97% | 0.03% | 5.51% | 62.88% |
Management Fee | 0.49% | 0.00% | 1.89% | 10.98% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 24.06% |
Administrative Fee | 0.06% | 0.02% | 0.27% | 21.11% |
Sales Fees
BFRAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 2.50% | 1.00% | 5.75% | 66.67% |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
BFRAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 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.
BFRAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 47.00% | 4.00% | 180.00% | 36.36% |
BFRAX - Distributions
Dividend Yield Analysis
BFRAX | Category Low | Category High | BFRAX % Rank | |
---|---|---|---|---|
Dividend Yield | 6.68% | 0.00% | 11.13% | 92.83% |
Dividend Distribution Analysis
BFRAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
BFRAX | Category Low | Category High | BFRAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.43% | 1.77% | 9.82% | 58.10% |
Capital Gain Distribution Analysis
BFRAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | None | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jan 31, 2025 | $0.054 | OrdinaryDividend |
Dec 31, 2024 | $0.058 | OrdinaryDividend |
Nov 29, 2024 | $0.058 | OrdinaryDividend |
Oct 31, 2024 | $0.061 | OrdinaryDividend |
Sep 30, 2024 | $0.063 | OrdinaryDividend |
Aug 30, 2024 | $0.066 | OrdinaryDividend |
Jul 31, 2024 | $0.065 | OrdinaryDividend |
Apr 30, 2024 | $0.066 | OrdinaryDividend |
Mar 31, 2024 | $0.069 | OrdinaryDividend |
Feb 29, 2024 | $0.068 | OrdinaryDividend |
Jan 31, 2024 | $0.069 | OrdinaryDividend |
Dec 29, 2023 | $0.072 | OrdinaryDividend |
Nov 30, 2023 | $0.069 | OrdinaryDividend |
Oct 31, 2023 | $0.070 | OrdinaryDividend |
Sep 30, 2023 | $0.067 | OrdinaryDividend |
Aug 31, 2023 | $0.069 | OrdinaryDividend |
Jul 31, 2023 | $0.068 | OrdinaryDividend |
Jun 30, 2023 | $0.005 | OrdinaryDividend |
May 31, 2023 | $0.071 | OrdinaryDividend |
Apr 28, 2023 | $0.064 | OrdinaryDividend |
Mar 31, 2023 | $0.066 | OrdinaryDividend |
Feb 28, 2023 | $0.058 | OrdinaryDividend |
Jan 31, 2023 | $0.059 | OrdinaryDividend |
Dec 30, 2022 | $0.057 | OrdinaryDividend |
Nov 30, 2022 | $0.054 | OrdinaryDividend |
Oct 31, 2022 | $0.051 | OrdinaryDividend |
Sep 30, 2022 | $0.044 | OrdinaryDividend |
Aug 31, 2022 | $0.042 | OrdinaryDividend |
Jul 29, 2022 | $0.039 | OrdinaryDividend |
Jun 30, 2022 | $0.032 | OrdinaryDividend |
May 31, 2022 | $0.031 | OrdinaryDividend |
Apr 29, 2022 | $0.028 | OrdinaryDividend |
Mar 31, 2022 | $0.029 | OrdinaryDividend |
Feb 28, 2022 | $0.024 | OrdinaryDividend |
Jan 31, 2022 | $0.024 | OrdinaryDividend |
Dec 31, 2021 | $0.025 | OrdinaryDividend |
Nov 30, 2021 | $0.023 | OrdinaryDividend |
Oct 29, 2021 | $0.026 | OrdinaryDividend |
Sep 30, 2021 | $0.027 | OrdinaryDividend |
Aug 31, 2021 | $0.026 | OrdinaryDividend |
Jul 30, 2021 | $0.026 | OrdinaryDividend |
Jun 30, 2021 | $0.027 | OrdinaryDividend |
May 28, 2021 | $0.028 | OrdinaryDividend |
Apr 30, 2021 | $0.026 | OrdinaryDividend |
Mar 31, 2021 | $0.027 | OrdinaryDividend |
Feb 26, 2021 | $0.024 | OrdinaryDividend |
Jan 29, 2021 | $0.027 | OrdinaryDividend |
Dec 31, 2020 | $0.029 | OrdinaryDividend |
Dec 23, 2020 | $0.008 | OrdinaryDividend |
Nov 30, 2020 | $0.028 | OrdinaryDividend |
Oct 30, 2020 | $0.030 | OrdinaryDividend |
Sep 30, 2020 | $0.027 | OrdinaryDividend |
Aug 31, 2020 | $0.026 | OrdinaryDividend |
Jul 31, 2020 | $0.029 | OrdinaryDividend |
Jun 30, 2020 | $0.028 | OrdinaryDividend |
May 29, 2020 | $0.031 | OrdinaryDividend |
Apr 30, 2020 | $0.033 | OrdinaryDividend |
Mar 31, 2020 | $0.037 | OrdinaryDividend |
Feb 28, 2020 | $0.033 | OrdinaryDividend |
Jan 31, 2020 | $0.035 | OrdinaryDividend |
Dec 31, 2019 | $0.034 | OrdinaryDividend |
Nov 29, 2019 | $0.033 | OrdinaryDividend |
Oct 31, 2019 | $0.037 | OrdinaryDividend |
Sep 30, 2019 | $0.036 | OrdinaryDividend |
Aug 30, 2019 | $0.038 | OrdinaryDividend |
Jul 31, 2019 | $0.041 | OrdinaryDividend |
Dec 21, 2018 | $0.003 | CapitalGainShortTerm |
Dec 21, 2012 | $0.019 | CapitalGainShortTerm |
Dec 21, 2011 | $0.010 | CapitalGainShortTerm |
Dec 22, 2010 | $0.013 | CapitalGainShortTerm |
BFRAX - Fund Manager Analysis
Managers
James Keenan
Start Date
Tenure
Tenure Rank
Jul 07, 2010
11.91
11.9%
Mr. Keenan is a Managing Director of BlackRock, Inc. since 2008 and Head of the Leveraged Finance Portfolio Team from 2006 to 2007;Prior to joining BlackRock in 2004, He was a senior high yield trader at Columbia Management Group from 2003 to 2004. Mr. Keenan began his investment career at UBS Global Asset Management where he held roles as a trader, research analyst and a portfolio analyst from 1998 through 2003. Mr. Keenan holds the Chartered Financial Analyst designation.
Mitchell Garfin
Start Date
Tenure
Tenure Rank
Aug 31, 2018
3.75
3.8%
Managing Director of BlackRock, Inc. since 2009 and Co-Head of U.S. Leveraged Finance; Director of BlackRock, Inc. from 2005 to 2008.
Carly Wilson
Start Date
Tenure
Tenure Rank
Aug 31, 2018
3.75
3.8%
Carly Wilson, Director, is a portfolio manager on the Global Long Short Credit team. Before this role, she was a portfolio manager on the Leveraged Finance Credit Team responsible for managing Bank Loan strategies. Prior to joining BlackRock in 2009, Ms. Wilson was an Associate and trader in the US Leveraged Loans group at R3 Capital Partners. Previously, she was with Lehman Brothers for four years, most recently in the Global Principal Strategies team. Earlier, she was in Lehman Brothers' Equity and Capital Structure Arbitrage Group. Ms. Wilson earned a BS degree in economics from the University of Pennsylvania Wharton School of Business in 2004.
Abigail Apistolas
Start Date
Tenure
Tenure Rank
Aug 31, 2018
3.75
3.8%
Vice President of BlackRock, Inc. since 2018;; Associate of BlackRock, Inc. since 2016; Associate at Morgan Stanley from 2014 to 2016; Analyst at Morgan Stanley from 2012 to 2014.
David Delbos
Start Date
Tenure
Tenure Rank
Aug 31, 2018
3.75
3.8%
Managing Director of BlackRock, Inc. since 2012; Director of BlackRock, Inc. from 2007 to 2011; Vice President of BlackRock, Inc. from 2005 to 2006.
Matthew Maxwell
Start Date
Tenure
Tenure Rank
Aug 31, 2018
3.75
3.8%
Director of BlackRock, Inc. since 2016; Executive Director at Morgan Stanley from 2014 to 2016; Vice President at Morgan Stanley from 2011 to 2014.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 21.18 | 6.08 | 3.25 |