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Name

As of 07/24/2024

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

BlackRock Income Fund

BMSCX | Fund

$8.94

$1.12 B

4.91%

$0.44

1.75%

Vitals

YTD Return

2.7%

1 yr return

7.8%

3 Yr Avg Return

-1.3%

5 Yr Avg Return

1.3%

Net Assets

$1.12 B

Holdings in Top 10

49.1%

52 WEEK LOW AND HIGH

$9.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.75%

SALES FEES

Front Load N/A

Deferred Load 1.00%

TRADING FEES

Turnover 81.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 07/24/2024

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

BlackRock Income Fund

BMSCX | Fund

$8.94

$1.12 B

4.91%

$0.44

1.75%

BMSCX - Profile

Distributions

  • YTD Total Return 2.7%
  • 3 Yr Annualized Total Return -1.3%
  • 5 Yr Annualized Total Return 1.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.52%
DIVIDENDS
  • Dividend Yield 4.9%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    BlackRock Income Fund
  • Fund Family Name
    BlackRock-advised Funds
  • Inception Date
    Sep 17, 2018
  • Shares Outstanding
    2721444
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Mitchell Garfin

Fund Description

Under normal market conditions, the Fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in fixed-income securities. The Fund may invest without limit in fixed-income securities across several investment sectors, including, but not limited to: fixed-income securities rated below investment grade, investment grade corporate bonds, fixed-income securities issued by governmental entities (including supranational entities), their agencies and instrumentalities, mezzanine investments, collateralized loan obligations (“CLOs”), bank loans, mortgage-related securities (including, but not limited to, “to be announced” or “TBA” securities), asset-backed securities and other fixed and floating or variable rate obligations. The Fund may invest in such fixed-income securities of issuers located in the United States and non-U.S. countries, including emerging market countries. The Fund is not required to invest in each investment sector at all times, and its investment in each investment sector may vary over time.
The Fund may invest in instruments of any credit quality without limitation, including instruments rated below investment grade, which are commonly referred to as “junk bonds.” The Fund may invest in fixed-income securities of any duration or maturity.
The Fund may also invest in companies whose financial condition is uncertain, where the borrower has defaulted in the payment of interest or principal or in the performance of its covenants or agreements, or that may be involved in bankruptcy proceedings, reorganizations or financial restructurings.
The Fund may use a variety of portfolio strategies to hedge its portfolio against interest rate and currency risk, or to seek to enhance its return. These strategies include the use of derivatives, such as options on portfolio positions or currencies, financial and currency futures and options on these futures, forward foreign currency transactions, interest rate swaps, credit default swaps and total return swaps. Derivatives are financial instruments whose value is derived from another security or an index.
The Fund may invest in indexed and inverse securities (which are securities that provide a potential return based on a particular index of value or interest rates).
The Fund may engage in active and frequent trading of portfolio securities to achieve its primary investment strategies.
Read More

BMSCX - Performance

Return Ranking - Trailing

Period BMSCX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.7% -9.0% 11.2% 63.77%
1 Yr 7.8% -12.3% 21.7% 36.07%
3 Yr -1.3%* -17.9% 16.7% 81.19%
5 Yr 1.3%* -14.8% 14.6% 68.86%
10 Yr N/A* -13.9% 6.5% 60.16%

* Annualized

Return Ranking - Calendar

Period BMSCX Return Category Return Low Category Return High Rank in Category (%)
2023 3.1% -12.0% 15.7% 43.47%
2022 -13.3% -31.8% 18.4% 51.25%
2021 -5.4% -26.6% 25.7% 90.98%
2020 2.4% -49.2% 18.7% 43.53%
2019 6.6% -35.1% 15.3% 25.28%

Total Return Ranking - Trailing

Period BMSCX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.7% -9.0% 11.2% 63.77%
1 Yr 7.8% -12.3% 21.7% 36.07%
3 Yr -1.3%* -17.9% 16.7% 81.19%
5 Yr 1.3%* -14.8% 14.6% 68.86%
10 Yr N/A* -13.9% 6.5% 57.97%

* Annualized

Total Return Ranking - Calendar

Period BMSCX Return Category Return Low Category Return High Rank in Category (%)
2023 8.0% -7.0% 22.2% 48.63%
2022 -10.5% -31.8% 21.1% 61.84%
2021 -0.8% -13.5% 49.9% 86.15%
2020 6.3% -28.6% 24.1% 43.36%
2019 10.6% -4.8% 19.1% 30.57%

NAV & Total Return History

BMSCX - Holdings

Concentration Analysis

BMSCX Category Low Category High BMSCX % Rank
Net Assets 1.12 B 2.53 M 143 B 39.97%
Number of Holdings 1738 2 9213 9.97%
Net Assets in Top 10 552 M -204 M 70.2 B 30.52%
Weighting of Top 10 49.12% 5.8% 271.9% 23.80%

Top 10 Holdings

  1. Uniform Mortgage-Backed Securities 18.84%
  2. Uniform Mortgage-Backed Securities 10.61%
  3. U.S. Treasury Bills 4.00%
  4. U.S. Treasury Bills 3.53%
  5. U.S. Treasury Bills 3.10%
  6. U.S. Treasury Bills 3.09%
  7. BlackRock Liquidity Funds, T-Fund, Institutional Class 2.16%
  8. iShares Floating Rate Bond ETF 1.40%
  9. Truist Financial Corp. 1.38%
  10. BAT Capital Corp. 1.01%

Asset Allocation

Weighting Return Low Return High BMSCX % Rank
Bonds 		108.77% 0.00% 215.76% 12.58%
Cash 		16.35% -94.66% 100.00% 11.96%
Convertible Bonds 		3.66% 0.00% 33.50% 27.09%
Other 		0.53% -66.66% 153.75% 66.56%
Stocks 		0.10% -4.92% 99.84% 62.27%
Preferred Stocks 		0.00% 0.00% 28.28% 74.85%

Stock Sector Breakdown

Weighting Return Low Return High BMSCX % Rank
Energy 		38.63% 0.00% 100.00% 28.90%
Real Estate 		13.66% 0.00% 100.00% 16.43%
Communication Services 		10.82% 0.00% 100.00% 17.85%
Financial Services 		10.13% 0.00% 100.00% 37.11%
Basic Materials 		8.84% 0.00% 100.00% 13.31%
Technology 		7.50% 0.00% 28.30% 24.08%
Utilities 		3.66% 0.00% 100.00% 24.65%
Healthcare 		3.27% 0.00% 18.60% 25.21%
Consumer Cyclical 		1.89% 0.00% 89.95% 38.53%
Industrials 		1.61% 0.00% 100.00% 42.21%
Consumer Defense 		0.00% 0.00% 99.97% 69.41%

Stock Geographic Breakdown

Weighting Return Low Return High BMSCX % Rank
US 		0.10% -4.85% 99.84% 60.28%
Non US 		0.00% -0.07% 17.73% 22.55%

Bond Sector Breakdown

Weighting Return Low Return High BMSCX % Rank
Corporate 		67.17% 0.00% 96.66% 11.71%
Cash & Equivalents 		16.35% 0.00% 99.66% 9.69%
Government 		10.47% 0.00% 99.43% 53.48%
Securitized 		10.35% 0.00% 99.65% 66.93%
Derivative 		0.02% -66.66% 153.75% 41.69%
Municipal 		0.00% 0.00% 54.26% 70.57%

Bond Geographic Breakdown

Weighting Return Low Return High BMSCX % Rank
US 		104.32% 0.00% 215.76% 11.81%
Non US 		4.45% 0.00% 69.85% 42.79%

BMSCX - Expenses

Operational Fees

BMSCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.75% 0.03% 20.67% 26.15%
Management Fee 0.49% 0.00% 2.29% 21.77%
12b-1 Fee 1.00% 0.00% 1.00% 91.48%
Administrative Fee 0.06% 0.00% 0.70% 27.70%

Sales Fees

BMSCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load 1.00% 1.00% 5.00% 63.53%

Trading Fees

BMSCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 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.

BMSCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 81.00% 0.00% 632.00% 51.39%

BMSCX - Distributions

Dividend Yield Analysis

BMSCX Category Low Category High BMSCX % Rank
Dividend Yield 4.91% 0.00% 23.30% 45.90%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

BMSCX Category Low Category High BMSCX % Rank
Net Income Ratio 2.52% -1.55% 11.51% 65.58%

Capital Gain Distribution Analysis

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

Distributions History

View More +

BMSCX - Fund Manager Analysis

Managers

Mitchell Garfin

Start Date

Tenure

Tenure Rank

Jul 02, 2012

9.92

9.9%

Managing Director of BlackRock, Inc. since 2009 and Co-Head of U.S. Leveraged Finance; Director of BlackRock, Inc. from 2005 to 2008.

James Keenan

Start Date

Tenure

Tenure Rank

Jul 01, 2016

5.92

5.9%

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.

Jeffrey Cucunato

Start Date

Tenure

Tenure Rank

Jul 01, 2016

5.92

5.9%

Jeffrey Cucunato, Managing Director, is a member of the US Bonds Portfolio Team within BlackRock's Fixed Income Portfolio Management Group. He is the lead manager for the Investment Grade Corporates and Long Duration Portfolio Team. Prior to joining the corporate bond team, Mr. Cucunato focused on interest rate products, including government and agency securities. He was also involved in the day-to-day management of BlackRock's inflation-linked bond portfolios. Mr. Cucunato joined the Portfolio Management Group in 1997. He began his career at BlackRock in 1995 as an analyst in the Account Management Group, working with international clients and alternative investments.

Jose Aguilar

Start Date

Tenure

Tenure Rank

Jul 01, 2016

5.92

5.9%

Jose Aguilar is Managing Director of BlackRock, Inc. since 2016 and Director of BlackRock, Inc. from 2013 to 2016. Previously, Jose was Vice President of BlackRock, Inc. from 2011 to 2013 and Associate of BlackRock, Inc. from 2009 to 2011. Prior to this, Jose was Associate of R3 Capital Partners from 2008 to 2009.

Ronie Ganguly

Start Date

Tenure

Tenure Rank

Oct 19, 2021

0.61

0.6%

Director of BlackRock, Inc. since 2016; Senior Vice President of PIMCO from 2013 to 2016; Credit Trader of Deutsche Bank from 2006 to 2013; Analyst of Citigroup from 2005 to 2006; Analyst of JP Morgan from 2001 to 2005.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 28.19 5.73 3.19

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