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Trending ETFs

Name

As of 06/11/2024

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

$8.88

$2.7 B

3.64%

$0.32

0.10%

Vitals

YTD Return

-0.7%

1 yr return

2.6%

3 Yr Avg Return

-3.1%

5 Yr Avg Return

-0.2%

Net Assets

$2.7 B

Holdings in Top 10

12.8%

52 WEEK LOW AND HIGH

$8.8
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.10%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 175.00%

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 06/11/2024

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

$8.88

$2.7 B

3.64%

$0.32

0.10%

BMOIX - Profile

Distributions

  • YTD Total Return -0.7%
  • 3 Yr Annualized Total Return -3.1%
  • 5 Yr Annualized Total Return -0.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.75%
DIVIDENDS
  • Dividend Yield 3.6%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    iShares U.S. Aggregate Bond Index Fund
  • Fund Family Name
    BlackRock-advised Funds
  • Inception Date
    Apr 01, 2011
  • Shares Outstanding
    N/A
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    James Mauro

Fund Description

The Fund pursues its investment objective by seeking to match the total return performance of the Bloomberg U.S. Aggregate Index, which is composed of approximately 10,000 fixed-income securities. The fixed-income securities that comprise the Bloomberg U.S. Aggregate Index include U.S. Government securities and corporate bonds, as well as mortgage-backed securities, asset-backed securities and commercial mortgage-backed securities. All securities in the Bloomberg U.S. Aggregate Index are investment-grade. The Fund maintains a weighted average maturity consistent with that of the Bloomberg U.S. Aggregate Index, which generally ranges between 5 and 10 years. The Fund invests in a representative sample of these securities. Securities are selected for investment by the Fund in accordance with their relative proportion within the Bloomberg U.S. Aggregate Index as well as based on credit quality, issuer sector, maturity structure, coupon rates and callability, among other factors. BFA, the investment adviser to the Master Portfolio in which the Fund invests, considers investments that provide substantially similar exposure to securities in the Bloomberg U.S. Aggregate Index to be investments comprising the Fund’s benchmark index. For example, the Fund may invest in mortgage dollar rolls and participate in to-be-announced (“TBA”) transactions on a regular basis to obtain exposure to mortgage-backed securities.
The Fund is managed by determining which securities are to be purchased or sold to reflect, to the extent feasible, the investment characteristics of its benchmark index. Under normal circumstances, at least 90% of the value of the Fund’s assets, plus the amount of any borrowing for investment purposes, is invested in securities comprising the Bloomberg U.S. Aggregate Index, which, for the Fund, are considered bonds.
The Fund is a “feeder” fund that invests all of its assets in the Master Portfolio of MIP, which has the same investment objective and strategies as the Fund. All investments are made at the Master Portfolio level. This structure is sometimes called a “master/feeder” structure. The Fund’s investment results will correspond directly to the investment results of the Master Portfolio. For simplicity, the prospectus uses the name of the Fund or the term “Fund” (as applicable) to include the Master Portfolio.
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BMOIX - Performance

Return Ranking - Trailing

Period BMOIX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.7% -7.1% 4.9% 82.41%
1 Yr 2.6% -6.7% 12.5% 81.65%
3 Yr -3.1%* -10.9% 26.1% 50.80%
5 Yr -0.2%* -7.2% 190.8% 66.48%
10 Yr 1.3%* -2.6% 73.5% 55.70%

* Annualized

Return Ranking - Calendar

Period BMOIX Return Category Return Low Category Return High Rank in Category (%)
2023 2.4% -16.2% 8.1% 35.35%
2022 -15.2% -34.7% 131.9% 24.17%
2021 -3.8% -11.6% 4.4% 67.21%
2020 4.8% -10.1% 946.1% 36.23%
2019 5.5% -1.7% 16.9% 55.98%

Total Return Ranking - Trailing

Period BMOIX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.7% -7.1% 4.9% 82.41%
1 Yr 2.6% -6.7% 12.5% 81.65%
3 Yr -3.1%* -10.9% 26.1% 50.80%
5 Yr -0.2%* -7.2% 190.8% 66.48%
10 Yr 1.3%* -2.6% 73.5% 55.70%

* Annualized

Total Return Ranking - Calendar

Period BMOIX Return Category Return Low Category Return High Rank in Category (%)
2023 5.7% -11.3% 11.0% 64.24%
2022 -13.1% -32.2% 131.9% 33.88%
2021 -1.8% -9.4% 9.2% 81.77%
2020 7.6% -1.9% 1009.0% 68.00%
2019 8.6% 1.1% 21668.0% 58.77%

NAV & Total Return History


BMOIX - Holdings

Concentration Analysis

BMOIX Category Low Category High BMOIX % Rank
Net Assets 2.7 B 2.9 M 314 B 36.78%
Number of Holdings 6634 1 17816 4.33%
Net Assets in Top 10 2.16 B 1.57 M 34.8 B 16.41%
Weighting of Top 10 12.75% 4.4% 132.5% 87.16%

Top 10 Holdings

  1. BlackRock Cash Funds Instl SL Agency 6.73%
  2. Federal National Mortgage Association 2.5% 2.26%
  3. Federal National Mortgage Association 2% 2.08%
  4. Federal National Mortgage Association 2% 1.36%
  5. Federal National Mortgage Association 2% 1.29%
  6. Federal National Mortgage Association 2% 1.28%
  7. Federal National Mortgage Association 2% 1.19%
  8. Federal National Mortgage Association 2.5% 1.14%
  9. Federal National Mortgage Association 2.5% 1.14%
  10. Government National Mortgage Association 2.5% 1.13%

Asset Allocation

Weighting Return Low Return High BMOIX % Rank
Bonds
93.19% 0.00% 211.59% 63.52%
Cash
5.74% -54.51% 87.74% 27.59%
Convertible Bonds
1.07% 0.00% 7.93% 64.60%
Stocks
0.00% 0.00% 99.99% 97.79%
Preferred Stocks
0.00% 0.00% 74.98% 97.38%
Other
0.00% -16.94% 53.20% 96.17%

Bond Sector Breakdown

Weighting Return Low Return High BMOIX % Rank
Government
41.39% 0.00% 86.23% 16.02%
Corporate
23.59% 0.00% 100.00% 76.17%
Securitized
22.92% 0.00% 98.40% 74.24%
Cash & Equivalents
11.53% 0.00% 83.04% 13.70%
Municipal
0.57% 0.00% 100.00% 43.00%
Derivative
0.00% -9.72% 50.66% 86.20%

Bond Geographic Breakdown

Weighting Return Low Return High BMOIX % Rank
US
86.64% 0.00% 211.59% 75.23%
Non US
6.55% 0.00% 33.48% 8.46%

BMOIX - Expenses

Operational Fees

BMOIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.10% 0.01% 39.10% 97.06%
Management Fee 0.04% 0.00% 1.76% 3.46%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.06% 0.01% 0.50% 35.52%

Sales Fees

BMOIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

BMOIX 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.

BMOIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 175.00% 2.00% 493.39% 61.05%

BMOIX - Distributions

Dividend Yield Analysis

BMOIX Category Low Category High BMOIX % Rank
Dividend Yield 3.64% 0.00% 10.11% 94.87%

Dividend Distribution Analysis

BMOIX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly SemiAnnual Monthly Monthly

Net Income Ratio Analysis

BMOIX Category Low Category High BMOIX % Rank
Net Income Ratio 1.75% -1.28% 4.79% 46.34%

Capital Gain Distribution Analysis

BMOIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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BMOIX - Fund Manager Analysis

Managers

James Mauro


Start Date

Tenure

Tenure Rank

Apr 29, 2011

11.1

11.1%

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 33.43 6.78 1.16