Blackrock Funds - iShares Municipal Bond Index Fd USD Cls INV - A Shares
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$11.06
$308 M
2.74%
$0.30
0.53%
Vitals
YTD Return
-0.5%
1 yr return
3.1%
3 Yr Avg Return
-0.7%
5 Yr Avg Return
1.0%
Net Assets
$308 M
Holdings in Top 10
7.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.53%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 7.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$11.06
$308 M
2.74%
$0.30
0.53%
BIDAX - Profile
Distributions
- YTD Total Return -0.5%
- 3 Yr Annualized Total Return -0.7%
- 5 Yr Annualized Total Return 1.0%
- Capital Gain Distribution Frequency None
- Net Income Ratio 2.15%
- Dividend Yield 2.7%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameBlackrock Funds - iShares Municipal Bond Index Fd USD Cls INV - A Shares
-
Fund Family NameBlackRock
-
Inception DateJun 11, 2018
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJames Mauro
Fund Description
BIDAX - Performance
Return Ranking - Trailing
Period | BIDAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.5% | -2.7% | 12.2% | 89.73% |
1 Yr | 3.1% | -3.0% | 38.5% | 60.76% |
3 Yr | -0.7%* | -10.3% | 3.3% | 48.25% |
5 Yr | 1.0%* | -5.7% | 1102.9% | 47.58% |
10 Yr | N/A* | -0.2% | 248.3% | 46.41% |
* Annualized
Return Ranking - Calendar
Period | BIDAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.4% | -1.4% | 41.0% | 23.45% |
2022 | -11.1% | -39.7% | 0.3% | 45.01% |
2021 | -1.0% | -5.6% | 6.9% | 73.61% |
2020 | 2.2% | -2.6% | 310.0% | 24.88% |
2019 | 3.7% | 0.0% | 26.0% | 51.60% |
Total Return Ranking - Trailing
Period | BIDAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.5% | -2.7% | 12.2% | 89.73% |
1 Yr | 3.1% | -3.0% | 38.5% | 60.76% |
3 Yr | -0.7%* | -10.3% | 3.3% | 48.25% |
5 Yr | 1.0%* | -5.7% | 1102.9% | 47.58% |
10 Yr | N/A* | -0.2% | 248.3% | 44.20% |
* Annualized
Total Return Ranking - Calendar
Period | BIDAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.4% | -1.3% | 41.0% | 29.47% |
2022 | -8.7% | -39.7% | 1.1% | 42.97% |
2021 | 1.5% | -4.8% | 23761504.0% | 50.20% |
2020 | 3.7% | -1.5% | 17057.9% | 51.52% |
2019 | 7.3% | 0.2% | 3514.6% | 28.36% |
NAV & Total Return History
BIDAX - Holdings
Concentration Analysis
BIDAX | Category Low | Category High | BIDAX % Rank | |
---|---|---|---|---|
Net Assets | 308 M | 3.48 M | 68.1 B | 59.06% |
Number of Holdings | 316 | 2 | 12848 | 37.69% |
Net Assets in Top 10 | 24.3 M | -317 M | 3.4 B | 82.22% |
Weighting of Top 10 | 7.86% | 1.9% | 100.4% | 88.65% |
Top 10 Holdings
- TENNESSEE ST 4% 1.58%
- NEW YORK ST URBAN DEV CORP REV 4% 0.91%
- SALT RIV PROJ AGRIC IMPT & PWR DIST ARIZ ELEC SYS REV 5% 0.91%
- NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5% 0.87%
- GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 5% 0.86%
- NEW YORK ST TWY AUTH ST PERS INCOME TAX REV 4% 0.84%
- SAN DIEGO CALIF UNI SCH DIST 5% 0.76%
- WASHINGTON ST HEALTH CARE FACS AUTH REV 5% 0.76%
- NEW YORK N Y CITY HEALTH & HOSP CORP REV 5% 0.75%
- LOS ANGELES CALIF UNI SCH DIST 5% 0.74%
Asset Allocation
Weighting | Return Low | Return High | BIDAX % Rank | |
---|---|---|---|---|
Bonds | 99.44% | 0.00% | 150.86% | 23.89% |
Cash | 0.56% | -50.86% | 50.09% | 76.80% |
Stocks | 0.00% | 0.00% | 99.80% | 30.33% |
Preferred Stocks | 0.00% | 0.00% | 0.52% | 20.43% |
Other | 0.00% | -8.54% | 33.35% | 27.90% |
Convertible Bonds | 0.00% | 0.00% | 0.93% | 20.50% |
Bond Sector Breakdown
Weighting | Return Low | Return High | BIDAX % Rank | |
---|---|---|---|---|
Municipal | 99.33% | 44.39% | 100.00% | 33.31% |
Cash & Equivalents | 0.67% | 0.00% | 48.02% | 34.41% |
Derivative | 0.00% | -8.54% | 23.38% | 24.81% |
Securitized | 0.00% | 0.00% | 5.93% | 21.60% |
Corporate | 0.00% | 0.00% | 9.41% | 33.83% |
Government | 0.00% | 0.00% | 52.02% | 26.78% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | BIDAX % Rank | |
---|---|---|---|---|
US | 99.44% | 0.00% | 142.23% | 21.91% |
Non US | 0.00% | 0.00% | 23.89% | 28.61% |
BIDAX - Expenses
Operational Fees
BIDAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.53% | 0.01% | 20.65% | 78.39% |
Management Fee | 0.10% | 0.00% | 1.20% | 2.51% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 42.04% |
Administrative Fee | N/A | 0.01% | 0.44% | 13.98% |
Sales Fees
BIDAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.50% | 4.75% | 57.92% |
Deferred Load | N/A | 0.25% | 5.00% | N/A |
Trading Fees
BIDAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 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.
BIDAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 7.00% | 0.00% | 283.00% | 10.51% |
BIDAX - Distributions
Dividend Yield Analysis
BIDAX | Category Low | Category High | BIDAX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.74% | 0.00% | 14.36% | 58.34% |
Dividend Distribution Analysis
BIDAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
BIDAX | Category Low | Category High | BIDAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.15% | -0.53% | 5.33% | 38.36% |
Capital Gain Distribution Analysis
BIDAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | None | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Feb 29, 2024 | $0.025 | OrdinaryDividend |
Jan 31, 2024 | $0.024 | DailyAccrualFund |
Dec 29, 2023 | $0.025 | DailyAccrualFund |
Nov 30, 2023 | $0.025 | DailyAccrualFund |
Oct 31, 2023 | $0.025 | DailyAccrualFund |
Sep 29, 2023 | $0.025 | DailyAccrualFund |
Aug 31, 2023 | $0.024 | DailyAccrualFund |
Jul 31, 2023 | $0.024 | DailyAccrualFund |
Jun 30, 2023 | $0.024 | DailyAccrualFund |
May 31, 2023 | $0.024 | DailyAccrualFund |
Apr 28, 2023 | $0.024 | DailyAccrualFund |
Mar 31, 2023 | $0.023 | DailyAccrualFund |
Feb 28, 2023 | $0.025 | DailyAccrualFund |
Jan 31, 2023 | $0.023 | DailyAccrualFund |
Dec 30, 2022 | $0.023 | DailyAccrualFund |
Nov 30, 2022 | $0.024 | DailyAccrualFund |
Oct 31, 2022 | $0.023 | DailyAccrualFund |
Sep 30, 2022 | $0.023 | DailyAccrualFund |
Aug 31, 2022 | $0.023 | DailyAccrualFund |
Jul 29, 2022 | $0.022 | DailyAccrualFund |
Jul 15, 2022 | $0.004 | OrdinaryDividend |
Jun 30, 2022 | $0.023 | DailyAccrualFund |
May 31, 2022 | $0.022 | DailyAccrualFund |
Apr 29, 2022 | $0.022 | DailyAccrualFund |
Mar 31, 2022 | $0.022 | DailyAccrualFund |
Feb 28, 2022 | $0.023 | DailyAccrualFund |
Jan 31, 2022 | $0.022 | DailyAccrualFund |
Dec 31, 2021 | $0.022 | DailyAccrualFund |
Nov 30, 2021 | $0.022 | DailyAccrualFund |
Oct 29, 2021 | $0.022 | DailyAccrualFund |
Sep 30, 2021 | $0.022 | DailyAccrualFund |
Aug 31, 2021 | $0.022 | DailyAccrualFund |
Jul 30, 2021 | $0.022 | DailyAccrualFund |
Jun 30, 2021 | $0.022 | DailyAccrualFund |
May 28, 2021 | $0.022 | DailyAccrualFund |
Apr 30, 2021 | $0.022 | DailyAccrualFund |
Mar 31, 2021 | $0.022 | DailyAccrualFund |
Feb 26, 2021 | $0.024 | DailyAccrualFund |
Jan 29, 2021 | $0.022 | DailyAccrualFund |
Dec 31, 2020 | $0.022 | DailyAccrualFund |
Nov 30, 2020 | $0.023 | DailyAccrualFund |
Oct 30, 2020 | $0.022 | DailyAccrualFund |
Sep 30, 2020 | $0.023 | DailyAccrualFund |
Aug 31, 2020 | $0.023 | DailyAccrualFund |
Jul 31, 2020 | $0.022 | DailyAccrualFund |
Jun 30, 2020 | $0.022 | DailyAccrualFund |
May 29, 2020 | $0.022 | DailyAccrualFund |
Apr 30, 2020 | $0.022 | DailyAccrualFund |
Mar 31, 2020 | $0.022 | DailyAccrualFund |
Feb 28, 2020 | $0.023 | DailyAccrualFund |
Jan 31, 2020 | $0.022 | DailyAccrualFund |
Dec 31, 2019 | $0.023 | DailyAccrualFund |
Nov 29, 2019 | $0.023 | DailyAccrualFund |
Oct 31, 2019 | $0.022 | DailyAccrualFund |
Sep 30, 2019 | $0.022 | DailyAccrualFund |
Aug 30, 2019 | $0.022 | DailyAccrualFund |
Jul 31, 2019 | $0.022 | DailyAccrualFund |
May 31, 2019 | $0.022 | DailyAccrualFund |
Apr 30, 2019 | $0.023 | DailyAccrualFund |
Mar 29, 2019 | $0.022 | DailyAccrualFund |
Feb 28, 2019 | $0.024 | DailyAccrualFund |
Jan 31, 2019 | $0.022 | DailyAccrualFund |
Dec 31, 2018 | $0.023 | DailyAccrualFund |
Nov 30, 2018 | $0.009 | DailyAccrualFund |
BIDAX - Fund Manager Analysis
Managers
James Mauro
Start Date
Tenure
Tenure Rank
May 31, 2018
4.0
4.0%
Head of San Francisco Fixed Income Core PM at BlackRock, Inc. since 2020; Managing Director of BlackRock, Inc. since 2015; Director of BlackRock, Inc. from 2010 to 2014; Vice President of State Street Global Advisors from 2001 to 2010. James Mauro has been employed by BlackRock Fund Advisors and BlackRock Institutional Trust Company, N.A. (“BTC”) as a portfolio manager since 2011. Prior to joining BTC, Mr. Mauro was a Vice President at State Street Global Advisors. His primary responsibilities include management of all government, inflation linked and derivative strategies. Other responsibilities include hedging and managing risk across all asset classes through futures and option overlays. James joined State Street Corporation in 1993. Previously, he worked as a portfolio manager on the passive team where he co-managed several Bond Index portfolios.
Karen Uyehara
Start Date
Tenure
Tenure Rank
Dec 03, 2020
1.49
1.5%
Ms. Uyehara is a Director of BlackRock, which she joined in 2010. Ms. Uyehara is a portfolio manager and member of BlackRock’s Model-Based Fixed Income Portfolio Management Group. Prior to joining BlackRock, Ms. Uyehara was a portfolio manager at Western Asset Management Company from2002 to 2010.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 35.05 | 7.36 | 1.58 |