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3 Strong Buy BlackRock Mutual Funds

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BlackRock Inc. (BLK - Free Report) had a total of $5.7 trillion assets under management as of Jun 30, 2017 across equity, fixed income, cash management, alternative investment, real estate and advisory strategies. It caters to institutional, intermediary and individual investors through a wide range of products and services.

BlackRock offers an array of risk management, strategic advisor and enterprise investment system services. Its offerings range from individual and institutional separate accounts to mutual funds and other pooled investment options. In order to strike a balance between risk and opportunities, BlackRock aims to provide a wide range of investment solutions to its clients.

Below we share with you three top-ranked BlackRock funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of BlackRock funds, their Zacks Rank and past performance.

BlackRock High Yield Bond Portfolio Service Shares (BHYSX - Free Report) seeks to boost total returns on investment. BHYSX invests heavily in non-investment grade bonds which mature within 10 years or earlier. It invests the lion’s share of its assets in high yield bonds. BHYSX normally invests about 30% of its assets in foreign currency denominated issuers located offshore. BlackRock High Yield Bond Portfolio Service Shares has returned 5.3% in the last three-year period.

David Delbos is one of the fund managers of BHYSX since 2014.

BlackRock Credit Strategies Income Fund Investor A Shares (BMSAX - Free Report) invests heavily in fixed-income securities issued by companies that are located in the United States as well as foreign countries including emerging markets. BMSAX seeks to offer appreciation of income and capital for the long run. BlackRock Credit Strategies Income Fund Investor A Shares has three-year annualized returns of 4.4%.

As of August 2017, BMSAX held 1465 issues, with 1.83% of its assets invested in US Treasury Note 2.25%.

BlackRock National Municipal Fund Investor A Shares (MDNLX - Free Report) aims to offer Federal income tax exempted income to shareholders by investing the majority of its assets in municipal bonds. The fund normally invests more than 65% of its assets in municipal bonds, which are rated investment grade or lower. MDNLX invests in municipal bonds that mature in five or more years. BlackRock National Municipal Fund Investor A Shares has three-year annualized returns of 2.8%.

MDNLX has an expense ratio of 0.70% compared with the category average of 0.75%.

To view the Zacks Rank and past performance of all BlackRock mutual funds, investors can click here to see the complete list of diversified bond funds.

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