BlackRock Allocation Target Shares Series M Portfolio (BRAMX)

9.73
Net Asset Value
-0.31%
1 Day
+2.21%
Year-to-Date
Overall Morningstar Rating
Intermediate-term bond
Style or Category
No Load
Sales Expenses
0.17%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks to maximize total return, consistent with income generation and prudent investment management. The fund will principally invest in the following securities: commercial and residential mortgage-backed securities; asset-backed securities; collateralized mortgage obligations; U.S. Treasury and agency securities; cash equivalent investments; when-issued and delayed delivery securities; derivatives; and dollar rolls. It is non-diversified.

Performance

1 month+0.26% 3 years+6.44%
3 months+1.51% 5 years+7.40%
1 year+0.76% Since inception+4.91%
Data through --

Peer Comparisonvs. Intermediate-term bond

 BRAMXCategory
Performance 5-yr return+7.40%+6.61%
Expense ratio0.17%0.90%
Risk 5 year sharpe ratio1.661.88
Net assets$329.5M$3.3B
Average market cap--$28.1B
Average P/E--16.7
Portfolio turnover798%798%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyBlackRock
Fund manager & tenureMatthew Marra / 2 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

Fixed income76.07%
Cash23.94%
U.S. stock0.00%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- Freddie Mac Gold Single Family TBA 4% 2044-03-015.76%
-- Freddie Mac Gold Single Family TBA 3% 2044-03-014.97%
-- BEAR STEARNS CMBS 2007-PWR174.01%
-- Ginnie Mae Jumbos TBA 3.5% 2044-03-013.28%
-- Fannie Mae Single Family TBA 3% 2029-03-013.19%
-- Fannie Mae Single Family TBA 2.5% 2029-03-013.06%
-- Sallie Mae FRN2.67%
-- Bear Stearns Cmbs 2004-Top16 CMO2.42%
-- CSFB COML MTG PTC 2006-C42.03%
-- GNMA 4%1.89%

To view my watchlist

Not a member yet?

Sign up now for a free account
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.