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Trending ETFs

BlackRock Summit Cash Reserves Fund

mutual fund
MSAXX
Payout Change
Pending
Price as of:
$1.0 +0.0 +0.0%
primary theme
Prime Money Market
share class
A (MSAXX) Instl (MSIXX) C (MCBXX)
MSAXX (Mutual Fund)

BlackRock Summit Cash Reserves Fund

Payout Change
Pending
Price as of:
$1.0 +0.0 +0.0%
primary theme
Prime Money Market
share class
A (MSAXX) Instl (MSIXX) C (MCBXX)
MSAXX (Mutual Fund)

BlackRock Summit Cash Reserves Fund

Payout Change
Pending
Price as of:
$1.0 +0.0 +0.0%
primary theme
Prime Money Market
share class
A (MSAXX) Instl (MSIXX) C (MCBXX)

Name

As of 10/11/2024

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

BlackRock Summit Cash Reserves Fund

MSAXX | Fund

$1.00

$464 M

4.68%

$0.05

0.57%

Vitals

YTD Return

4.2%

1 yr return

5.1%

3 Yr Avg Return

3.3%

5 Yr Avg Return

2.1%

Net Assets

$464 M

Holdings in Top 10

56.7%

52 WEEK LOW AND HIGH

$1.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.57%

SALES FEES

Front Load N/A

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

Money Market Fund

Name

As of 10/11/2024

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

BlackRock Summit Cash Reserves Fund

MSAXX | Fund

$1.00

$464 M

4.68%

$0.05

0.57%

MSAXX - Profile

Distributions

  • YTD Total Return 4.2%
  • 3 Yr Annualized Total Return 3.3%
  • 5 Yr Annualized Total Return 2.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.00%
DIVIDENDS
  • Dividend Yield 4.7%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    BlackRock Summit Cash Reserves Fund
  • Fund Family Name
    BlackRock-advised Funds
  • Inception Date
    Jan 02, 2008
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Management Team

Fund Description

The Fund invests at least 99.5% of its total assets in cash, U.S. Treasury bills, notes and other obligations issued or guaranteed as to principal and interest by the U.S. Government, its agencies or instrumentalities, and repurchase agreements secured by such obligations or cash. The Fund invests in securities maturing in 397 days (13 months) or less (with certain exceptions), and the portfolio will have a dollar-weighted average maturity of 60 days or less and a dollar-weighted average life of 120 days or less. The Fund may invest in variable and floating rate instruments, and transact in securities on a when-issued, delayed delivery or forward commitment basis.
The securities purchased by the Fund are subject to the quality, diversification, and other requirements of Rule 2a-7 under the Investment Company Act of 1940, as amended (the “Investment Company Act”), and other rules of the Securities and Exchange Commission.
Read More

MSAXX - Performance

Return Ranking - Trailing

Period MSAXX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.2% -91.3% 4.6% 54.64%
1 Yr 5.1% -91.2% 5.5% 54.64%
3 Yr 3.3%* 0.0% 3.7% 67.06%
5 Yr 2.1%* 0.0% 5.7% 68.60%
10 Yr N/A* 0.0% 1.9% 83.13%

* Annualized

Return Ranking - Calendar

Period MSAXX Return Category Return Low Category Return High Rank in Category (%)
2023 0.0% 0.0% 0.1% 35.48%
2022 0.0% 0.0% 0.0% 3.26%
2021 0.0% 0.0% 0.0% 2.27%
2020 N/A 0.0% 0.0% 31.65%
2019 N/A 0.0% 0.0% 21.88%

Total Return Ranking - Trailing

Period MSAXX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.2% -91.3% 4.6% 54.64%
1 Yr 5.1% -91.2% 5.5% 54.64%
3 Yr 3.3%* 0.0% 3.7% 67.06%
5 Yr 2.1%* 0.0% 5.7% 68.60%
10 Yr N/A* 0.0% 1.9% 83.13%

* Annualized

Total Return Ranking - Calendar

Period MSAXX Return Category Return Low Category Return High Rank in Category (%)
2023 5.0% 0.0% 5.7% 61.29%
2022 1.3% 0.0% 1.8% 55.43%
2021 0.0% 0.0% 0.1% 32.95%
2020 N/A 0.0% 0.8% 31.65%
2019 N/A 0.0% 4868.4% 87.50%

NAV & Total Return History

MSAXX - Holdings

Concentration Analysis

MSAXX Category Low Category High MSAXX % Rank
Net Assets 464 M 16.1 M 14.9 B 39.18%
Number of Holdings 69 1 345 79.38%
Net Assets in Top 10 263 M 22.7 M 21.7 B 86.60%
Weighting of Top 10 56.74% 14.2% 100.0% 10.31%

Top 10 Holdings

  1. Mizuho Securities Usa Llc Tri-Party Mizuho Securities Usa Llc 0.050000% 13.15%
  2. Mizuho Securities Usa Llc Tri-Party Mizuho Securities Usa Llc 0.050000% 13.15%
  3. Mizuho Securities Usa Llc Tri-Party Mizuho Securities Usa Llc 0.050000% 13.15%
  4. Mizuho Securities Usa Llc Tri-Party Mizuho Securities Usa Llc 0.050000% 13.15%
  5. Mizuho Securities Usa Llc Tri-Party Mizuho Securities Usa Llc 0.050000% 13.15%
  6. Mizuho Securities Usa Llc Tri-Party Mizuho Securities Usa Llc 0.050000% 13.15%
  7. Mizuho Securities Usa Llc Tri-Party Mizuho Securities Usa Llc 0.050000% 13.15%
  8. Mizuho Securities Usa Llc Tri-Party Mizuho Securities Usa Llc 0.050000% 13.15%
  9. Mizuho Securities Usa Llc Tri-Party Mizuho Securities Usa Llc 0.050000% 13.15%
  10. Mizuho Securities Usa Llc Tri-Party Mizuho Securities Usa Llc 0.050000% 13.15%

Asset Allocation

Weighting Return Low Return High MSAXX % Rank
Cash 		69.37% 35.74% 100.00% 92.78%
Bonds 		30.63% 0.00% 64.26% 6.19%
Stocks 		0.00% 0.00% 1.03% 4.12%
Preferred Stocks 		0.00% 0.00% 1.01% 10.31%
Other 		0.00% 0.00% 0.04% 4.12%
Convertible Bonds 		0.00% 0.00% 13.25% 30.93%

Bond Sector Breakdown

Weighting Return Low Return High MSAXX % Rank
Cash & Equivalents 		69.37% 35.74% 100.00% 92.78%
Government 		30.63% 0.00% 30.63% 1.03%
Derivative 		0.00% 0.00% 0.36% 4.12%
Securitized 		0.00% 0.00% 0.98% 6.19%
Corporate 		0.00% 0.00% 14.24% 74.23%
Municipal 		0.00% 0.00% 49.89% 67.01%

Bond Geographic Breakdown

Weighting Return Low Return High MSAXX % Rank
US 		30.63% 0.00% 64.26% 6.19%
Non US 		0.00% 0.00% 2.90% 28.87%

MSAXX - Expenses

Operational Fees

MSAXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.57% 0.12% 4.99% 30.93%
Management Fee 0.50% 0.05% 0.57% 94.85%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.05% 0.55% N/A

Sales Fees

MSAXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

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

MSAXX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 212.00% N/A

MSAXX - Distributions

Dividend Yield Analysis

MSAXX Category Low Category High MSAXX % Rank
Dividend Yield 4.68% 0.00% 5.40% 71.13%

Dividend Distribution Analysis

MSAXX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

MSAXX Category Low Category High MSAXX % Rank
Net Income Ratio 0.00% -1.14% 1.97% 77.42%

Capital Gain Distribution Analysis

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

Distributions History

View More +

MSAXX - Fund Manager Analysis

Managers

Management Team

Start Date

Tenure

Tenure Rank

Oct 09, 1998

23.66

23.7%

Team Managed

Tenure Analysis

Category Low Category High Category Average Category Mode
0.25 35.25 15.04 18.68

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