BlackRock Funds V - BlackRock High Yield Bond Institutional Class
Name
As of 12/01/2023Price
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
$6.86
$19.3 B
7.01%
$0.48
0.57%
Vitals
YTD Return
8.5%
1 yr return
6.4%
3 Yr Avg Return
1.3%
5 Yr Avg Return
3.9%
Net Assets
$19.3 B
Holdings in Top 10
9.0%
52 WEEK LOW AND HIGH
$6.8
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.57%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 76.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/01/2023Price
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
$6.86
$19.3 B
7.01%
$0.48
0.57%
BHYIX - Profile
Distributions
- YTD Total Return 8.5%
- 3 Yr Annualized Total Return 1.3%
- 5 Yr Annualized Total Return 3.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 4.73%
- Dividend Yield 7.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameBlackRock Funds V - BlackRock High Yield Bond Institutional Class
-
Fund Family NameBlackRock
-
Inception DateDec 14, 1998
-
Shares Outstanding1632912750
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJames Keenan
Fund Description
BHYIX - Performance
Return Ranking - Trailing
| Period | BHYIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.5% | -7.8% | 13.4% | 39.14% |
| 1 Yr | 6.4% | -10.5% | 74.6% | 56.43% |
| 3 Yr | 1.3%* | -15.2% | 20.1% | 37.73% |
| 5 Yr | 3.9%* | -11.0% | 37.4% | 28.71% |
| 10 Yr | 1.2%* | -4.5% | 19.5% | 91.74% |
* Annualized
Return Ranking - Calendar
| Period | BHYIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2022 | -15.3% | -33.4% | 3.6% | 46.12% |
| 2021 | 0.6% | -8.4% | 8.2% | 30.28% |
| 2020 | 0.3% | -13.2% | 302.7% | 43.29% |
| 2019 | 8.8% | -4.4% | 13.3% | 29.21% |
| 2018 | -8.5% | -18.4% | -0.4% | 64.27% |
Total Return Ranking - Trailing
| Period | BHYIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.5% | -7.8% | 13.4% | 39.14% |
| 1 Yr | 6.4% | -10.5% | 74.6% | 56.43% |
| 3 Yr | 1.3%* | -15.2% | 20.1% | 37.73% |
| 5 Yr | 3.9%* | -11.0% | 37.4% | 28.71% |
| 10 Yr | 1.2%* | -4.5% | 19.5% | 91.74% |
* Annualized
Total Return Ranking - Calendar
| Period | BHYIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2022 | -10.5% | -33.4% | 47.8% | 46.57% |
| 2021 | 6.4% | -8.4% | 12.4% | 22.67% |
| 2020 | 6.3% | -9.6% | 325.6% | 32.59% |
| 2019 | 14.7% | 0.9% | 19.4% | 29.70% |
| 2018 | -2.9% | -10.7% | 4.5% | 39.93% |
NAV & Total Return History
BHYIX - Holdings
Concentration Analysis
| BHYIX | Category Low | Category High | BHYIX % Rank | |
|---|---|---|---|---|
| Net Assets | 19.3 B | 1.85 M | 22.6 B | 0.58% |
| Number of Holdings | 1636 | 2 | 2736 | 1.47% |
| Net Assets in Top 10 | 1.88 B | -492 M | 4.6 B | 4.55% |
| Weighting of Top 10 | 8.97% | 4.2% | 149.0% | 85.61% |
Top 10 Holdings
- BlackRock Liquidity T-Fund Instl 2.61%
- TransDigm, Inc. 6.25% 1.34%
- Clarios Global Lp 8.5% 0.73%
- Ascent Resources Utica Holdings Ll Tl 0.69%
- Ascent Resources Utica Holdings Ll Tl 0.69%
- Ascent Resources Utica Holdings Ll Tl 0.69%
- Ascent Resources Utica Holdings Ll Tl 0.69%
- Ascent Resources Utica Holdings Ll Tl 0.69%
- Ascent Resources Utica Holdings Ll Tl 0.69%
- Ascent Resources Utica Holdings Ll Tl 0.69%
Asset Allocation
| Weighting | Return Low | Return High | BHYIX % Rank | |
|---|---|---|---|---|
| Bonds | 93.45% | 0.00% | 154.38% | 66.81% |
| Stocks | 2.77% | 0.00% | 99.61% | 19.59% |
| Cash | 2.37% | -52.00% | 78.36% | 73.72% |
| Convertible Bonds | 1.43% | 0.00% | 17.89% | 33.77% |
| Preferred Stocks | 0.00% | 0.00% | 7.89% | 69.60% |
| Other | -0.03% | -63.70% | 98.03% | 89.87% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | BHYIX % Rank | |
|---|---|---|---|---|
| Energy | 44.14% | 0.00% | 100.00% | 46.56% |
| Real Estate | 18.96% | 0.00% | 86.71% | 3.70% |
| Basic Materials | 13.39% | 0.00% | 100.00% | 12.17% |
| Technology | 10.70% | 0.00% | 33.17% | 9.79% |
| Healthcare | 4.38% | 0.00% | 22.17% | 9.52% |
| Communication Services | 3.45% | 0.00% | 99.99% | 44.18% |
| Consumer Cyclical | 2.82% | 0.00% | 100.00% | 26.98% |
| Industrials | 2.17% | 0.00% | 100.00% | 24.60% |
| Utilities | 0.00% | 0.00% | 100.00% | 60.85% |
| Financial Services | 0.00% | 0.00% | 100.00% | 61.38% |
| Consumer Defense | 0.00% | 0.00% | 100.00% | 57.14% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | BHYIX % Rank | |
|---|---|---|---|---|
| US | 2.77% | 0.00% | 99.61% | 19.68% |
| Non US | 0.00% | -0.01% | 0.83% | 53.30% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | BHYIX % Rank | |
|---|---|---|---|---|
| Corporate | 96.49% | 0.00% | 129.69% | 33.68% |
| Cash & Equivalents | 3.05% | 0.00% | 78.19% | 47.14% |
| Securitized | 0.33% | 0.00% | 97.24% | 28.68% |
| Derivative | 0.10% | -12.96% | 42.26% | 15.71% |
| Government | 0.04% | 0.00% | 99.07% | 31.76% |
| Municipal | 0.00% | 0.00% | 4.66% | 51.47% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | BHYIX % Rank | |
|---|---|---|---|---|
| US | 80.41% | 0.00% | 129.21% | 82.97% |
| Non US | 13.04% | 0.00% | 97.19% | 11.75% |
BHYIX - Expenses
Operational Fees
| BHYIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.57% | 0.04% | 31.61% | 88.25% |
| Management Fee | 0.41% | 0.00% | 1.84% | 15.69% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.06% | 0.00% | 0.50% | 28.14% |
Sales Fees
| BHYIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.25% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| BHYIX 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.
| BHYIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 76.00% | 1.00% | 255.00% | 72.52% |
BHYIX - Distributions
Dividend Yield Analysis
| BHYIX | Category Low | Category High | BHYIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 7.01% | 0.00% | 35.00% | 56.14% |
Dividend Distribution Analysis
| BHYIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
| BHYIX | Category Low | Category High | BHYIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 4.73% | -2.39% | 14.30% | 32.59% |
Capital Gain Distribution Analysis
| BHYIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Nov 30, 2022 | $0.035 | DailyAccrualFund |
| Oct 31, 2022 | $0.035 | DailyAccrualFund |
| Sep 30, 2022 | $0.035 | DailyAccrualFund |
| Aug 31, 2022 | $0.033 | DailyAccrualFund |
| Jul 29, 2022 | $0.032 | DailyAccrualFund |
| Jun 30, 2022 | $0.031 | DailyAccrualFund |
| May 31, 2022 | $0.032 | DailyAccrualFund |
| Apr 29, 2022 | $0.031 | DailyAccrualFund |
| Mar 31, 2022 | $0.032 | DailyAccrualFund |
| Feb 28, 2022 | $0.028 | DailyAccrualFund |
| Jan 31, 2022 | $0.030 | DailyAccrualFund |
| Dec 31, 2021 | $0.031 | DailyAccrualFund |
| Nov 30, 2021 | $0.030 | DailyAccrualFund |
| Oct 29, 2021 | $0.031 | DailyAccrualFund |
| Sep 30, 2021 | $0.030 | DailyAccrualFund |
| Aug 31, 2021 | $0.031 | DailyAccrualFund |
| Jul 30, 2021 | $0.031 | DailyAccrualFund |
| Jun 30, 2021 | $0.032 | DailyAccrualFund |
| May 28, 2021 | $0.032 | DailyAccrualFund |
| Apr 30, 2021 | $0.031 | DailyAccrualFund |
| Mar 31, 2021 | $0.032 | DailyAccrualFund |
| Feb 26, 2021 | $0.030 | DailyAccrualFund |
| Jan 29, 2021 | $0.030 | DailyAccrualFund |
| Dec 31, 2020 | $0.034 | DailyAccrualFund |
| Nov 30, 2020 | $0.031 | DailyAccrualFund |
| Oct 30, 2020 | $0.032 | DailyAccrualFund |
| Sep 30, 2020 | $0.032 | DailyAccrualFund |
| Aug 31, 2020 | $0.032 | DailyAccrualFund |
| Jul 31, 2020 | $0.033 | DailyAccrualFund |
| Jun 30, 2020 | $0.034 | DailyAccrualFund |
| May 29, 2020 | $0.034 | DailyAccrualFund |
| Apr 30, 2020 | $0.034 | DailyAccrualFund |
| Mar 31, 2020 | $0.036 | DailyAccrualFund |
| Feb 28, 2020 | $0.033 | DailyAccrualFund |
| Jan 31, 2020 | $0.034 | DailyAccrualFund |
| Dec 31, 2019 | $0.037 | DailyAccrualFund |
| Nov 29, 2019 | $0.035 | DailyAccrualFund |
| Oct 31, 2019 | $0.035 | DailyAccrualFund |
| Sep 30, 2019 | $0.034 | DailyAccrualFund |
| Aug 30, 2019 | $0.036 | DailyAccrualFund |
| Jul 31, 2019 | $0.037 | DailyAccrualFund |
| Apr 30, 2019 | $0.037 | DailyAccrualFund |
| Mar 29, 2019 | $0.038 | DailyAccrualFund |
| Feb 28, 2019 | $0.033 | DailyAccrualFund |
| Jan 31, 2019 | $0.037 | DailyAccrualFund |
| Dec 31, 2018 | $0.039 | DailyAccrualFund |
| Nov 30, 2018 | $0.038 | DailyAccrualFund |
| Oct 31, 2018 | $0.039 | DailyAccrualFund |
| Sep 28, 2018 | $0.037 | DailyAccrualFund |
| Aug 31, 2018 | $0.037 | DailyAccrualFund |
| Jul 31, 2018 | $0.038 | DailyAccrualFund |
| Jun 29, 2018 | $0.035 | DailyAccrualFund |
| May 31, 2018 | $0.036 | DailyAccrualFund |
| Apr 30, 2018 | $0.035 | DailyAccrualFund |
| Mar 29, 2018 | $0.035 | DailyAccrualFund |
| Feb 28, 2018 | $0.033 | DailyAccrualFund |
| Jan 31, 2018 | $0.037 | DailyAccrualFund |
BHYIX - Fund Manager Analysis
Managers
James Keenan
Start Date
Tenure
Tenure Rank
Dec 31, 2007
14.42
14.4%
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
May 08, 2009
13.07
13.1%
Managing Director of BlackRock, Inc. since 2009 and Co-Head of U.S. Leveraged Finance; Director of BlackRock, Inc. from 2005 to 2008.
Derek Schoenhofen
Start Date
Tenure
Tenure Rank
May 08, 2009
13.07
13.1%
Derek Schoenhofen is a Managing Director of BlackRock, Inc. since 2019; Director of BlackRock, Inc. from 2006 to 2018; Vice President of BlackRock, Inc. from 2000 to 2005.
David Delbos
Start Date
Tenure
Tenure Rank
Mar 20, 2014
8.2
8.2%
Managing Director of BlackRock, Inc. since 2012; Director of BlackRock, Inc. from 2007 to 2011; Vice President of BlackRock, Inc. from 2005 to 2006.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.13 | 37.79 | 7.13 | 8.17 |