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Trending ETFs

BlackRock Low Duration Bond Portfolio

mutual fund
BFMSX
Dividend policy
Active
Price as of:
$9.77 +0.01 +0%
primary theme
U.S. Short-Term Bond Duration
BFMSX (Mutual Fund)

BlackRock Low Duration Bond Portfolio

Dividend policy
Active
Price as of:
$9.77 +0.01 +0%
primary theme
U.S. Short-Term Bond Duration
BFMSX (Mutual Fund)
BlackRock Low Duration Bond Portfolio
Dividend policy
Active
Price as of:
$9.77 +0.01 +0%
primary theme
U.S. Short-Term Bond Duration

BFMSX - Snapshot

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return 3.2%
  • 5 Yr Annualized Return 2.5%
  • Net Assets $8.42 B
  • Holdings in Top 10 29.5%

52 WEEK LOW AND HIGH

$9.76
$9.44
$9.79

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.45%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 213.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,000,000
  • IRA N/A

Fund Classification

  • Primary Theme U.S. Short-Term Bond Duration
  • Fund Type Open End Mutual Fund
  • Investment Style Short-Term Bond

Compare BFMSX to Popular U.S. Short-Term Bond Duration Funds

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$10.97

+0.09%

$75.42 B

2.05%

$0.22

blocked
blocked
blocked

-0.54%

0.20%

$10.79

0.00%

$64.61 B

-

$0.00

blocked
blocked
blocked

-0.74%

0.15%

$4.21

0.00%

$57.91 B

2.69%

$0.11

blocked
blocked
blocked

0.00%

0.59%

$27.54

+0.07%

$45.02 B

2.04%

$0.56

blocked
blocked
blocked

-0.54%

0.05%

$13.85

+0.07%

$30.74 B

0.90%

$0.12

blocked
blocked
blocked

-0.93%

0.63%

Compare BFMSX to Popular U.S. Short-Term Bond Duration ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$82.29

0.00%

$64.61 B

1.60%

$1.32

blocked
blocked
blocked

-0.70%

0.05%

$82.65

+0.02%

$45.02 B

2.04%

$1.69

blocked
blocked
blocked

-0.71%

0.05%

$54.77

+0.04%

$24.40 B

2.15%

$1.18

blocked
blocked
blocked

-0.74%

0.06%

$31.31

+0.03%

$7.48 B

1.67%

$0.52

blocked
blocked
blocked

-0.29%

0.07%

$51.34

0.00%

$4.85 B

2.01%

$1.03

blocked
blocked
blocked

-0.54%

0.06%

BFMSX - Profile

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return 3.2%
  • 5 Yr Annualized Total Return 2.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.03%
DIVIDENDS
  • Dividend Yield 1.8%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    BlackRock Low Duration Bond Portfolio
  • Fund Family Name
    BlackRock
  • Inception Date
    Jul 17, 1992
  • Shares Outstanding
    615802188
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Scott MacLellan

Fund Description

The fund invests primarily in investment grade bonds and maintains an average portfolio duration that is between 0 and 3 years. It normally invests at least 80% of its assets in debt securities. The fund may invest up to 20% of its assets in non-investment grade bonds (commonly called "high yield" or "junk bonds"). It may also invest up to 35% of its assets in assets of foreign issuers, of which 10% (as a percentage of the fund's assets) may be invested in emerging markets issuers.


BFMSX - Performance

Return Ranking - Trailing

Period BFMSX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% -3.1% 98.4% 19.70%
1 Yr 7.0% 0.2% 33.0% 32.50%
3 Yr 3.2%* 0.8% 7.5% 53.20%
5 Yr 2.5%* 0.2% 6.7% 40.75%
10 Yr 2.4%* 0.3% 4.3% 25.71%

* Annualized

Return Ranking - Calendar

Period BFMSX Return Category Return Low Category Return High Rank in Category (%)
2020 1.3% -23.0% 206.3% 68.28%
2019 2.0% -2.4% 6.6% 45.16%
2018 -1.4% -50.6% 1.0% 53.58%
2017 -0.2% -2.6% 3.0% 61.81%
2016 0.1% -65.8% 10.9% 58.93%

Total Return Ranking - Trailing

Period BFMSX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% -3.1% 98.6% 19.70%
1 Yr 7.0% -4.5% 33.0% 28.69%
3 Yr 3.2%* -0.2% 7.5% 47.33%
5 Yr 2.5%* -0.3% 6.7% 38.13%
10 Yr 2.4%* 0.2% 4.3% 23.57%

* Annualized

Total Return Ranking - Calendar

Period BFMSX Return Category Return Low Category Return High Rank in Category (%)
2020 1.3% -23.0% 206.3% 68.28%
2019 2.0% -2.3% 7.2% 48.75%
2018 -1.4% -4.2% 6.5% 60.15%
2017 -0.2% -2.6% 5.9% 66.88%
2016 0.1% -65.2% 10.9% 66.96%

NAV & Total Return History


BFMSX - Holdings

Concentration Analysis

BFMSX Category Low Category High BFMSX % Rank
Net Assets 8.42 B 6.23 M 75.4 B 15.15%
Number of Holdings 1155 2 4635 10.77%
Net Assets in Top 10 2.25 B -166 M 8.79 B 15.66%
Weighting of Top 10 29.53% 2.2% 100.0% 37.59%

Top 10 Holdings

  1. United States Treasury Notes 0.12% 8.40%
  2. United States Treasury Notes 0.12% 6.94%
  3. United States Treasury Notes 0.25% 5.44%
  4. Canada Housing Trust No.1 2.4% 4.51%
  5. Japan (Government Of) 3.89%
  6. United States Treasury Notes 0.12% 2.71%
  7. United States Treasury Notes 0.25% 2.63%
  8. United States Treasury Notes 1.12% 2.45%
  9. Japan (Government Of) 2.39%
  10. United States Treasury Notes 0.12% 2.35%

Asset Allocation

Weighting Return Low Return High BFMSX % Rank
Bonds
92.88% 27.24% 146.68% 45.84%
Cash
5.57% -49.54% 72.76% 45.68%
Convertible Bonds
1.55% 0.00% 22.73% 53.34%
Stocks
0.00% -0.05% 7.62% 52.37%
Preferred Stocks
0.00% 0.00% 35.87% 58.73%
Other
0.00% -5.00% 17.16% 48.61%

Bond Sector Breakdown

Weighting Return Low Return High BFMSX % Rank
Securitized
33.28% 0.00% 95.73% 29.04%
Government
31.60% 0.00% 80.26% 26.59%
Corporate
26.95% 0.00% 100.00% 70.47%
Cash & Equivalents
8.13% 0.00% 72.76% 37.03%
Derivative
0.05% 0.00% 20.73% 14.52%
Municipal
0.00% 0.00% 22.60% 77.49%

Bond Geographic Breakdown

Weighting Return Low Return High BFMSX % Rank
US
73.55% -2.32% 106.48% 67.37%
Non US
19.33% 0.00% 93.86% 26.92%

BFMSX - Expenses

Operational Fees

BFMSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.45% 0.01% 34.57% 78.58%
Management Fee 0.28% 0.00% 1.19% 33.06%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.04% 0.01% 0.50% 14.52%

Sales Fees

BFMSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load N/A 0.50% 5.00% N/A

Trading Fees

BFMSX 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.

BFMSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 213.00% 0.00% 496.37% 85.45%

BFMSX - Distributions

Dividend Yield Analysis

BFMSX Category Low Category High BFMSX % Rank
Dividend Yield 1.80% 0.00% 1.80% 0.16%

Dividend Distribution Analysis

BFMSX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

BFMSX Category Low Category High BFMSX % Rank
Net Income Ratio 2.03% -9.96% 4.45% 49.49%

Capital Gain Distribution Analysis

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

Dividend Payout History

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BFMSX - Fund Manager Analysis

Managers

Scott MacLellan


Start Date

Tenure

Tenure Rank

Nov 14, 2012

8.38

8.4%

Scott MacLellan, CFA, Director, is a portfolio manager on the Short Duration team within the BlackRock Multi-Sector Fixed Income Portfolio Management Group. Prior to assuming his current responsibilities in 2008, Mr. MacLellan was a member of the Global Client Group, focused on Japanese clients. He also served as a product specialist for short duration and LIBOR-benchmarked fixed income products. Previously, Mr. MacLellan spent four years with Nomura BlackRock Asset Management (NBAM), a former joint venture between BlackRock and Nomura Asset Management Co., Ltd, in Tokyo as an account manager. Prior to joining NBAM in 2001, Mr. MacLellan spent a year in the Global Finance and Investment Department of IBJ Leasing in Tokyo. Mr. MacLellan earned a BS degree, with honors, in economics and international development studies from King's College in 1997.

Akiva Dickstein


Start Date

Tenure

Tenure Rank

Oct 15, 2020

0.46

0.5%

Akiva Dickstein, Managing Director, is Head of Customized Core Portfolios within BlackRock's Americas Fixed Income Alpha Strategies and a member of the Americas Fixed Income Executive Team. Mr. Dickstein has been the lead portfolio manager on BlackRock's mortgage portfolios since joining BlackRock in 2009. Prior to that, Mr. Dickstein spent eight years at Merrill Lynch, where he served as Managing Director and head of the U.S. Rates & Structured Credit Research Group. He was responsible for the team that produced MBS, ABS, CMBS, Treasuries, swaps, and interest rate derivatives research. Mr. Dickstein's publications on MBS strategy included the weekly Mortgage Investor as well as numerous lengthier articles on topics such as optimal loan modifications, the valuation of credit-sensitive MBS and ABS, and the pricing of mortgage derivatives, options, and pass-throughs. In addition, he developed Merrill's prepayment models for fixed rate and hybrid MBS. From 1993 to 2001, Mr. Dickstein was with Lehman Brothers, most recently as a Senior Vice President in Mortgage Derivatives Trading. In this role, he traded mortgage derivatives and developed Lehman's credit default model. He joined Lehman as a mortgage and asset-backed securities analyst and was named to Institutional Investor's All American Fixed Income Research Team in pass-throughs, non-agency mortgages, and asset-backed securities. Mr. Dickstein earned a BA degree in economics, summa cum laude, from Yale University in 1990, and an MA degree in physics from Princeton University in 1993.

Bob Miller


Start Date

Tenure

Tenure Rank

Oct 15, 2020

0.46

0.5%

Bob Miller, Managing Director, is a member of the Multi-Sector Mutual Fund team within BlackRock Fundamental Fixed Income Portfolio Management Group. He is a portfolio manager of BlackRock's Core Bond, Total Return, and Strategic Income Opportunities Funds. Prior to joining BlackRock in 2011, Mr. Miller was a Co-Founder and Partner at the Round Table Investment Management Company, a multi-strategy, research-based investment company, where he managed a global macro strategy. Previously, Mr. Miller spent 20 years at Bank of America, where he served in a variety of roles, most recently as senior portfolio manager for the bank's proprietary multi-asset class investment portfolio. Mr. Miller managed global equity and credit, global interest rate derivative, and sovereign debt portfolios during his tenure at Bank of America. Mr. Miller is a Trustee of Davidson College, a member of the Executive Committee and Chairman of the Investment Committee. He is also actively involved with the Davidson July Experience program. Mr. Miller is a Trustee and past Chairman of the Board at Trinity Episcopal School in Charlotte, N.C. He earned a BA degree in economics from Davidson College.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 28.17 5.83 1.25