BlackRock Inc. (BLK - Free Report) had a total of $6.3 trillion assets under management (as of Dec 31, 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 LifePath Index 2035 Investor A (LIJAX - Free Report) seeks to provide retirement outcomes based on quantitatively measured risk. LIJAX invests its assets in a series of Master Investment Portfolio that allocates its assets in a combination of equity and bond index funds along with money market funds. BlackRock LifePath Index 2035 Investor A has three-year annualized returns of 6.8%.
As of January 2018, MMCVX held nine issues with 43.14% of its assets invested in iShares Russell 1000 Large-Cap Idx K.
BlackRock High Yield Bond Portfolio Investor A Shares (BHYAX - Free Report) seeks maximization of returns, consistent with a high level of income. BHYAX invests a bulk of its assets in high-yield bonds. The fund may invest a maximum of 30% of its assets in bonds of foreign issuers that are non-dollar denominated. The fund may also invest in convertible as well as preferred securities. BlackRock High Yield Bond Portfolio Investor A Shares has returned 4.5% over last three years.
BHYAX has an expense ratio of 0.91% compared with the category average of 1.03%.
BlackRock Credit Strategies Income Fund Investor A Shares (BMSAX - Free Report) invests heavily in fixed-income securities issued by companies located in the United States as well as foreign countries including emerging markets. BMSAX seeks to offer appreciation of income and capital in the long run. BlackRock Credit Strategies Income Fund Investor A Shares has three-year annualized returns of 3.9%.
James Keenan has been one of the fund managers of BMSAX since 2016.
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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