Multi Asset

BKMIX

Multi-Asset Income Fund

  • NAV as of Mar 28, 2025 $10.13
    52 WK: 9.81 - 10.43
  • 1 Day NAV Change as of Mar 28, 2025 -0.02 (-0.20%)
  • NAV Total Return as of Mar 28, 2025 YTD: 1.79%

Overview

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Performance

Performance

  YTD 1m 3m 1y 3y 5y 10y
Total Return (%) 7.44 -2.27 -1.81 7.44 5.61 20.71 52.30
Morningstar Category Avg. (%) 7.88 -2.42 -1.76 7.88 3.35 21.95 54.45
  2020 2021 2022 2023 2024
Total Return (%) 6.54 7.28 -11.54 11.12 7.44
Morningstar Category Avg. (%) 8.86 8.24 -13.31 10.43 7.88

Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.

The performance information for periods prior to February 3, 2017, the commencement of operations of the share class, shows the performance of the Fund’s Institutional Shares. The performance of this share class would be substantially similar to Institutional Shares because this share class and Institutional Shares invest in the same portfolio of securities and performance would only differ to the extent that this share class and Institutional Shares have different expenses.

The Fund’s returns prior to November 28, 2011 are the returns of the Fund when it followed different investment strategies under the name “BlackRock Income Portfolio.”

See the Fund’s prospectus for more details.
Click here for Distribution data

Time to rethink your income strategy

Time to rethink your income strategy

The scarcity of decent yields has driven determined income-seekers into fewer, more highly correlated asset classes.
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Income strategy

Key Facts

Key Facts

Size of Fund (Millions)
as of Mar 28, 2025
$10,299.5 M
Share Class launch date
Feb 03, 2017
Distribution Frequency
Monthly
Lipper Classification
Flexible Portfolio Funds
Max Offer Price
as of Mar 28, 2025
$10.13
Turnover Percent in the Annual Report
as of Jul 31, 2024
83%
Size of Class (Millions)
as of Mar 28, 2025
$649.1 M
Asset Class
Multi Asset
Morningstar Category
Moderately Conservative Allocation
CUSIP
09257E662
Open to New Investors
Yes

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of Feb 28, 2025
3,747
Modified Duration
as of Feb 28, 2025
3.95 yrs
Fund Standard Deviation (3y)
as of Feb 28, 2025
9.32
Unsubsidized 30-Day SEC Yield
as of Feb 28, 2025
5.51%
Weighted Avg Maturity
as of Feb 28, 2025
2.53 yrs
Worst 3-Month Return Over the Last 3 Years
3 months ending Jun 30, 2022
-9.28%
30 Day SEC Yield
as of Feb 28, 2025
5.60%
R-Squared (3y)
as of Feb 28, 2025
95.26
Beta (3y)
as of Feb 28, 2025
0.79
Effective Duration
as of Feb 28, 2025
2.75 yrs
Best 3-Month Return Over the Last 3 Years
3 months ending Jan 31, 2024
9.94%

For the latest month-end Distribution Yield, click here.


This information must be preceded or accompanied by a current prospectus. For standardized performance, please see the Performance section above.

Fees

Fees

as of current prospectus
Gross Expense Ratio 0.62%
Net Expense Ratio 0.52%

Net Expense Ratio excluding Investment Related Expenses is 0.50%

  • Acquired Fund Fees and Expenses 0.02%
  • Interest expense 0.00%

Ratings

Morningstar Medalist Rating

Morningstar Medalist Rating - BRONZE
Morningstar has awarded the Fund a Bronze medal. (Effective May 03, 2024)
Analyst-Driven % as of May 03, 2024
100.00
Data Coverage % as of May 03, 2024
100.00

Lipper Leader

 
 
 
Overall Lipper Leaders ratings based on an equal-weighted average of percentile ranks for each measure over 3-, 5-, and 10-year periods (if applicable) and do not take into account the effects of sales charges for these categories (Consistent Return, Preservation, Total Return, Expense, and Tax Efficiency) as of Feb 28, 2025 out of 394, 4,308, 398, 176 and 396 Funds, respectively in Lipper's Flexible Portfolio Funds classification.

Holdings

Holdings

as of Feb 28, 2025
Name Weight (%)
ISHARES CORE DIVIDEND GROWTH ETF 2.36
MICROSOFT CORP 0.73
AMAZON COM INC - ELN 0.48
APPLE INC - ELN 0.47
MICROSOFT CORP - ELN 0.45
Name Weight (%)
NVIDIA CORP - ELN 0.41
META PLATFORMS INC CLASS A - ELN 0.38
ALPHABET INC CLASS A - ELN 0.37
TAIWAN SEMICONDUCTOR MANUFACTURING 0.36
META PLATFORMS INC CLASS A 0.35
as of Feb 28, 2025
Name Weight (%)
ISHARES 5-10 YR INV GRD CRP BD ETF 2.04
ISHARES IBOXX $ HIGH YIELD CORPORA 2.00
BX_24-AIRC A 144A 0.18
HOUSTON CENTER (BSREP II HOUSTON) CML Prvt 0.18
BAMLL_24-BHP A 144A 0.17
Name Weight (%)
BGCLO_24-9A A1 144A 0.17
BSP_22-29AR AR 144A 0.16
CIFC_19-5A A1R1 144A 0.16
BAHA_24-MAR A 144A 0.15
ABBSL_21-2A A 144A 0.14
Detailed Holdings and Analytics
Holdings are subject to change. Fund holdings and allocations shown are unaudited, and may not be representative of current or future investments. The Fund is actively managed and its details, holdings and characteristics will vary. Holdings shown should not be deemed as a recommendation to buy or sell securities. The user relies on this data at its own risk and neither BlackRock nor any other party makes any representations or express or implied warranties (which are expressly disclaimed) nor shall they incur any liability for any errors or omissions in the data.

Exposure Breakdowns

Exposure Breakdowns

Sorry, countries/regions are not available at this time.
as of Feb 28, 2025

% of Market Value

as of Feb 28, 2025

% of Market Value

Allocations subject to change.
as of Feb 28, 2025

% of Market Value

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The fund itself has not been rated by an independent rating agency. Credit quality ratings on underlying securities of the fund are received from S&P, Moody’s and Fitch and converted to the equivalent S&P major rating category. This breakdown is provided by BlackRock and takes the median rating of the three agencies when all three agencies rate a security the lower of the two ratings if only two agencies rate a security and one rating if that is all that is provided. Unrated securities do not necessarily indicate low quality. Below investment-grade is represented by a rating of BB and below. Ratings and portfolio credit quality may change over time.

Negative weightings may result from specific circumstances (including timing differences between trade and settle dates of securities purchased by the funds) and/or the use of certain financial instruments, including derivatives, which may be used to gain or reduce market exposure and/or risk management.

Allocations are subject to change.

Monthly Commentary: Multi-Asset Income Fund

Monthly Commentary: Multi-Asset Income Fund

Get timely market outlooks, thought leadership, and portfolio positioning insights from the investment team.
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Portfolio Managers

Portfolio Managers

Justin Christofel, CFA
Justin Christofel, CFA
Co-Head of Income Investing, Multi-Asset Strategies & Solutions

   

Read More

Justin Christofel, CFA, CAIA, Managing Director, is co-head of Income Investing for BlackRock’s Multi-Asset Strategies & Solutions group. He is a portfolio manager for a number of income strategies including the Multi-Asset Income Fund, Dynamic High Income Fund, Managed Income Fund, and Multi-Asset Income model portfolios.

 

Justin’s service with the firm dates back to 2007, where prior to the launch of the Income strategies, he managed customized asset allocation portfolios for institutional investors.

 

Justin earned his BA, with honors, in economics and mathematics from Yale University.

 

Justin’s interests include exploring the intersection of macroeconomic drivers and asset class returns and constructing portfolios that offer clients resilience in a variety of market regimes. Outside of work, he enjoys nearly any activity that allows him to be active, particularly tennis.

 

Multi-Asset Strategies & Solutions (MASS) meets client demand for active asset allocation strategies and whole portfolio solutions through funds, model portfolios, and more. MASS draws on the toolkit of BlackRock's index, factor, and alpha-seeking capabilities to deliver cutting-edge insights and investment outcomes.

Alex Shingler, CFA
Alex Shingler, CFA
Co-Head of Income Investing, Multi-Asset Strategies & Solutions

     

Read More

Alex Shingler, CFA, Managing Director, is co-head of Income Investing for BlackRock’s Multi-Asset Strategies & Solutions group. He is a portfolio manager for a number of income strategies including the Multi-Asset Income Fund, Dynamic High Income Fund, Managed Income Fund, and Multi-Asset Income model portfolios.

 

Alex’s service with the firm dates back to 2009, where he joined as a portfolio manager and research analyst within BlackRock’s European and US credit businesses. Alex has spent his career investing across equity and fixed income markets and before joining BlackRock in London, Alex focused on special situation equity investments.

 

Alex earned his AB, summa cum laude, in philosophy from Princeton University.

 

Alex grew up in Montreal, Canada, and resides in the New York City area with his wife and daughter.

Portfolio Manager

Literature

Literature

 

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Carefully consider the Funds' investment objectives, risk factors, and charges and expenses before investing. This and other information can be found in the Funds' prospectuses or, if available, the summary prospectuses, which may be obtained by visiting the iShares ETF and BlackRock Fund prospectus pages. Read the prospectus carefully before investing. Investing involves risk, including possible loss of principal.

The Funds are distributed by BlackRock Investments, LLC (together with its affiliates, “BlackRock”).

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USR-9694