Managed Account Series II - Managed Acunt Ser US Mrtge Portf Fd USD Cls A
Name
As of 05/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$8.76
$245 M
5.70%
$0.50
0.90%
Vitals
YTD Return
0.9%
1 yr return
4.3%
3 Yr Avg Return
-2.3%
5 Yr Avg Return
0.4%
Net Assets
$245 M
Holdings in Top 10
49.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.90%
SALES FEES
Front Load 4.00%
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$8.76
$245 M
5.70%
$0.50
0.90%
BMPAX - Profile
Distributions
- YTD Total Return 0.9%
- 3 Yr Annualized Total Return -2.3%
- 5 Yr Annualized Total Return 0.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.43%
- Dividend Yield 5.7%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameManaged Account Series II - Managed Acunt Ser US Mrtge Portf Fd USD Cls A
-
Fund Family NameBlackRock
-
Inception DateSep 17, 2018
-
Shares Outstanding2416242
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerMatthew Kraeger
Fund Description
BMPAX - Performance
Return Ranking - Trailing
Period | BMPAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.9% | -8.9% | 7.3% | 69.00% |
1 Yr | 4.3% | -7.3% | 26.3% | 83.64% |
3 Yr | -2.3%* | -17.2% | 17.1% | 88.09% |
5 Yr | 0.4%* | -13.0% | 15.1% | 82.58% |
10 Yr | N/A* | -13.6% | 6.5% | 81.87% |
* Annualized
Return Ranking - Calendar
Period | BMPAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.3% | -12.0% | 15.7% | 72.47% |
2022 | -16.3% | -31.8% | 18.4% | 78.79% |
2021 | 0.1% | -26.6% | 25.7% | 20.92% |
2020 | 2.2% | -49.2% | 18.7% | 45.81% |
2019 | 3.3% | -35.1% | 15.3% | 70.31% |
Total Return Ranking - Trailing
Period | BMPAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.9% | -8.9% | 7.3% | 69.00% |
1 Yr | 4.3% | -7.3% | 26.3% | 83.64% |
3 Yr | -2.3%* | -17.2% | 17.1% | 88.09% |
5 Yr | 0.4%* | -13.0% | 15.1% | 82.58% |
10 Yr | N/A* | -13.6% | 6.5% | 89.01% |
* Annualized
Total Return Ranking - Calendar
Period | BMPAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.2% | -7.0% | 22.2% | 77.14% |
2022 | -13.6% | -31.8% | 21.1% | 91.55% |
2021 | 2.4% | -13.5% | 49.9% | 45.14% |
2020 | 5.7% | -28.6% | 24.1% | 49.73% |
2019 | 6.3% | -4.8% | 19.1% | 76.25% |
NAV & Total Return History
BMPAX - Holdings
Concentration Analysis
BMPAX | Category Low | Category High | BMPAX % Rank | |
---|---|---|---|---|
Net Assets | 245 M | 2.53 M | 143 B | 69.34% |
Number of Holdings | 716 | 4 | 9868 | 35.48% |
Net Assets in Top 10 | 132 M | -1.57 B | 65.8 B | 53.38% |
Weighting of Top 10 | 49.53% | 0.7% | 171.7% | 23.96% |
Top 10 Holdings
- Federal National Mortgage Association 2.5% 27.46%
- Federal National Mortgage Association 2.5% 27.21%
- Federal National Mortgage Association 2.5% 20.04%
- Federal National Mortgage Association 2.5% 14.44%
- Federal National Mortgage Association 2.5% 13.85%
- Federal National Mortgage Association 2.5% 12.73%
- Federal National Mortgage Association 2.5% 11.28%
- Federal National Mortgage Association 2% 10.32%
- Federal National Mortgage Association 2.5% 10.18%
- Federal National Mortgage Association 2% 9.96%
Asset Allocation
Weighting | Return Low | Return High | BMPAX % Rank | |
---|---|---|---|---|
Bonds | 87.68% | -150.81% | 196.48% | 51.33% |
Cash | 12.32% | -94.66% | 258.91% | 16.33% |
Stocks | 0.00% | -4.18% | 99.88% | 87.76% |
Preferred Stocks | 0.00% | 0.00% | 30.46% | 72.06% |
Other | 0.00% | -62.91% | 100.00% | 80.38% |
Convertible Bonds | 0.00% | 0.00% | 33.50% | 92.04% |
Bond Sector Breakdown
Weighting | Return Low | Return High | BMPAX % Rank | |
---|---|---|---|---|
Securitized | 57.78% | 0.00% | 99.65% | 12.64% |
Cash & Equivalents | 41.22% | 0.00% | 74.29% | 2.52% |
Corporate | 0.73% | 0.00% | 96.66% | 90.72% |
Government | 0.22% | 0.00% | 99.43% | 84.80% |
Derivative | 0.05% | -62.91% | 37.37% | 37.64% |
Municipal | 0.00% | 0.00% | 54.26% | 69.12% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | BMPAX % Rank | |
---|---|---|---|---|
US | 87.68% | -151.11% | 196.48% | 35.48% |
Non US | 0.00% | 0.00% | 67.77% | 83.99% |
BMPAX - Expenses
Operational Fees
BMPAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.90% | 0.03% | 20.67% | 66.98% |
Management Fee | 0.40% | 0.00% | 2.29% | 10.75% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 38.29% |
Administrative Fee | N/A | 0.00% | 0.70% | N/A |
Sales Fees
BMPAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 4.00% | 0.00% | 5.75% | 42.86% |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
BMPAX 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.
BMPAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 632.00% | 100.00% |
BMPAX - Distributions
Dividend Yield Analysis
BMPAX | Category Low | Category High | BMPAX % Rank | |
---|---|---|---|---|
Dividend Yield | 5.70% | 0.00% | 13.03% | 46.19% |
Dividend Distribution Analysis
BMPAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | SemiAnnual | Monthly | Monthly |
Net Income Ratio Analysis
BMPAX | Category Low | Category High | BMPAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.43% | -1.55% | 10.56% | 67.94% |
Capital Gain Distribution Analysis
BMPAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 30, 2024 | $0.042 | OrdinaryDividend |
Mar 31, 2024 | $0.036 | OrdinaryDividend |
Feb 29, 2024 | $0.034 | OrdinaryDividend |
Jan 31, 2024 | $0.037 | OrdinaryDividend |
Dec 29, 2023 | $0.039 | OrdinaryDividend |
Dec 20, 2023 | $0.016 | CapitalGainShortTerm |
Nov 30, 2023 | $0.036 | OrdinaryDividend |
Oct 31, 2023 | $0.035 | OrdinaryDividend |
Sep 30, 2023 | $0.034 | OrdinaryDividend |
Aug 31, 2023 | $0.035 | OrdinaryDividend |
Jul 31, 2023 | $0.035 | OrdinaryDividend |
Jun 30, 2023 | $0.002 | OrdinaryDividend |
May 31, 2023 | $0.033 | OrdinaryDividend |
Apr 28, 2023 | $0.032 | OrdinaryDividend |
Mar 31, 2023 | $0.033 | OrdinaryDividend |
Feb 28, 2023 | $0.030 | OrdinaryDividend |
Jan 31, 2023 | $0.032 | OrdinaryDividend |
Dec 30, 2022 | $0.030 | OrdinaryDividend |
Dec 19, 2022 | $0.003 | CapitalGainShortTerm |
Dec 19, 2022 | $0.003 | OrdinaryDividend |
Nov 30, 2022 | $0.028 | OrdinaryDividend |
Oct 31, 2022 | $0.028 | OrdinaryDividend |
Sep 30, 2022 | $0.026 | OrdinaryDividend |
Aug 31, 2022 | $0.026 | OrdinaryDividend |
Jul 29, 2022 | $0.023 | OrdinaryDividend |
Jun 30, 2022 | $0.020 | OrdinaryDividend |
May 31, 2022 | $0.019 | OrdinaryDividend |
Apr 29, 2022 | $0.019 | OrdinaryDividend |
Mar 31, 2022 | $0.018 | OrdinaryDividend |
Feb 28, 2022 | $0.016 | OrdinaryDividend |
Jan 31, 2022 | $0.016 | OrdinaryDividend |
Dec 31, 2021 | $0.022 | OrdinaryDividend |
Nov 30, 2021 | $0.014 | OrdinaryDividend |
Oct 29, 2021 | $0.015 | OrdinaryDividend |
Sep 30, 2021 | $0.013 | OrdinaryDividend |
Aug 31, 2021 | $0.015 | OrdinaryDividend |
Jul 30, 2021 | $0.020 | OrdinaryDividend |
Jun 30, 2021 | $0.025 | OrdinaryDividend |
May 28, 2021 | $0.022 | OrdinaryDividend |
Apr 30, 2021 | $0.019 | OrdinaryDividend |
Mar 31, 2021 | $0.018 | OrdinaryDividend |
Feb 26, 2021 | $0.015 | OrdinaryDividend |
Jan 29, 2021 | $0.024 | OrdinaryDividend |
Dec 31, 2020 | $0.022 | OrdinaryDividend |
Dec 23, 2020 | $0.004 | OrdinaryDividend |
Nov 30, 2020 | $0.023 | OrdinaryDividend |
Oct 30, 2020 | $0.020 | OrdinaryDividend |
Sep 30, 2020 | $0.029 | OrdinaryDividend |
Aug 31, 2020 | $0.028 | OrdinaryDividend |
Jul 31, 2020 | $0.031 | OrdinaryDividend |
Jun 30, 2020 | $0.029 | OrdinaryDividend |
May 29, 2020 | $0.027 | OrdinaryDividend |
Apr 30, 2020 | $0.029 | OrdinaryDividend |
Mar 31, 2020 | $0.029 | OrdinaryDividend |
Feb 28, 2020 | $0.026 | OrdinaryDividend |
Jan 31, 2020 | $0.023 | OrdinaryDividend |
Dec 31, 2019 | $0.023 | OrdinaryDividend |
Nov 29, 2019 | $0.024 | OrdinaryDividend |
Oct 31, 2019 | $0.024 | OrdinaryDividend |
Sep 30, 2019 | $0.024 | OrdinaryDividend |
Aug 30, 2019 | $0.025 | OrdinaryDividend |
Jul 31, 2019 | $0.026 | OrdinaryDividend |
Dec 21, 2018 | $0.009 | CapitalGainShortTerm |
BMPAX - Fund Manager Analysis
Managers
Matthew Kraeger
Start Date
Tenure
Tenure Rank
Aug 28, 2009
12.76
12.8%
Managing Director of BlackRock, Inc. since 2015; Director of BlackRock, Inc. from 2009 to 2014; Vice President of BlackRock, Inc. from 2006 to 2008; Associate of BlackRock, Inc. from 2002 to 2005.
Siddharth Mehta
Start Date
Tenure
Tenure Rank
Aug 26, 2016
5.76
5.8%
Siddharth Mehta, Director of BlackRock, Inc. since 2017; Vice President of BlackRock, Inc. from 2011 to 2016.Vice President, is a member of the Mortgage Portfolio Team within BlackRock's Americas Fixed Income Alpha Strategies. Mr. Mehta joined the Portfolio Management Group in 2008.From 2006 to 2008, Mr. Mehta was a member of BlackRock's Risk and Quantitative Analytics Group, where he was responsible for supporting the mortgage team. Mr. Mehta began his investment career with BlackRock as an analyst in the Portfolio Analytics Group. Mr. Mehta earned a BS degree, magna cum laude, in electrical engineering from the University of Michigan in 2005.
Ibrahim Incoglu
Start Date
Tenure
Tenure Rank
Dec 17, 2019
2.45
2.5%
Mr. Ibrahim Incoglu is Managing Director of BlackRock, Inc. since 2015 and Director of BlackRock, Inc. from 2009 to 2014. Mr. Incoglu, a Managing Director of BlackRock, is part of the Securitized Assets Investment team and a member of Americas Fixed Income within the Alpha Strategies Group. Mr. Incoglu is a Senior Portfolio Manager and Trader on the Non-Agency desk. His responsibilities include managing Prime, Alt-a, Option Arm and Subprime positions across numerous BlackRock portfolios. Prior to joining BlackRock in 2009, Mr. Incoglu spent more than six years on the sell side at Wachovia Securities, most recently as a Director. He was responsible for managing the synthetic ABS desk, market making and hedging activities. Prior to launching synthetic desk in 2006, Mr. Incoglu was a Senior Trader at Wachovia and traded / made markets on Alt-a, Sub-prime and 2nd liens/ HELOC's (Home Equity Line of Credit). From 2002 to 2003, Mr. Incoglu was an Associate at Bank of America Securities, where he structured up Non-Agency deals, and ran arbitrage to buy and securitize mortgage whole loans. Mr. Incoglu began his career at Ocwen Federal Bank in 2000. He focused on trading of IO's, servicing strips, as well as hedging activities of the derivatives. Mr. Incoglu earned a BS degree in civil engineering from Bogazici University in 1998, and an MBA degree in business administration from the University of Tulsa in 1999.
Samir Lakhani
Start Date
Tenure
Tenure Rank
Dec 17, 2019
2.45
2.5%
Managing Director of BlackRock, Inc. since 2014; Director of BlackRock, Inc. from 2010 to 2013
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 28.19 | 5.78 | 3.19 |