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BLACKROCK MULTI-ASSET INCOME PORTFOLIO
mutual fund
BCICX
Payout Change
Pending
Price as of:
$10.18
-0.02
-0.2%
primary theme
U.S. Conservative/Balanced Allocation
share class
BCICX (Mutual Fund)
BLACKROCK MULTI-ASSET INCOME PORTFOLIO
Payout Change
Pending
Price as of:
$10.18
-0.02
-0.2%
primary theme
U.S. Conservative/Balanced Allocation
share class
BCICX (Mutual Fund)
BLACKROCK MULTI-ASSET INCOME PORTFOLIO
Payout Change
Pending
Price as of:
$10.18
-0.02
-0.2%
primary theme
U.S. Conservative/Balanced Allocation
share class
Name
As of 11/01/2024Price
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
Vitals
YTD Return
6.6%
1 yr return
14.3%
3 Yr Avg Return
0.8%
5 Yr Avg Return
2.9%
Net Assets
$10.9 B
Holdings in Top 10
25.7%
52 WEEK LOW AND HIGH
$10.2
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.69%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 135.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/01/2024Price
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
BCICX - Profile
Distributions
- YTD Total Return 6.6%
- 3 Yr Annualized Total Return 0.8%
- 5 Yr Annualized Total Return 2.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 3.36%
- Dividend Yield 5.4%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameBLACKROCK MULTI-ASSET INCOME PORTFOLIO
-
Fund Family NameBlackRock
-
Inception DateApr 08, 2008
-
Shares Outstanding107476982
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJustin Christofel
BCICX - Performance
Return Ranking - Trailing
| Period | BCICX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 6.6% | -4.4% | 18.1% | 66.50% |
| 1 Yr | 14.3% | 10.6% | 36.7% | 74.26% |
| 3 Yr | 0.8%* | -16.1% | 4.9% | 57.07% |
| 5 Yr | 2.9%* | -5.8% | 8.2% | 84.64% |
| 10 Yr | 3.2%* | -0.7% | 7.5% | 87.50% |
* Annualized
Return Ranking - Calendar
| Period | BCICX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 4.7% | -1.0% | 27.4% | 71.08% |
| 2022 | -16.0% | -35.0% | -7.4% | 39.70% |
| 2021 | 1.6% | -11.5% | 14.6% | 53.94% |
| 2020 | 1.7% | -10.3% | 40.7% | 77.36% |
| 2019 | 8.3% | -9.5% | 22.1% | 75.62% |
Total Return Ranking - Trailing
| Period | BCICX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 6.6% | -4.4% | 18.1% | 66.50% |
| 1 Yr | 14.3% | 10.6% | 36.7% | 74.26% |
| 3 Yr | 0.8%* | -16.1% | 4.9% | 57.07% |
| 5 Yr | 2.9%* | -5.8% | 8.2% | 84.64% |
| 10 Yr | 3.2%* | -0.7% | 7.5% | 87.50% |
* Annualized
Total Return Ranking - Calendar
| Period | BCICX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 10.1% | 2.6% | 28.2% | 53.19% |
| 2022 | -12.2% | -35.0% | -3.1% | 34.74% |
| 2021 | 6.2% | -11.5% | 32.0% | 78.37% |
| 2020 | 5.7% | -5.4% | 40.7% | 78.17% |
| 2019 | 12.9% | 4.5% | 27.7% | 83.10% |
NAV & Total Return History
BCICX - Holdings
Concentration Analysis
| BCICX | Category Low | Category High | BCICX % Rank | |
|---|---|---|---|---|
| Net Assets | 10.9 B | 291 K | 50.8 B | 3.42% |
| Number of Holdings | 4065 | 2 | 4065 | 0.73% |
| Net Assets in Top 10 | 2.81 B | 284 K | 10.3 B | 12.47% |
| Weighting of Top 10 | 25.69% | 9.7% | 111.4% | 80.93% |
Top 10 Holdings
- BlackRock Liquidity Funds, T-Fund, Institutional Class 11.87%
- iShares Core Dividend Growth ETF 5.00%
- BlackRock Cash Funds: Institutional, SL Agency Shares 2.18%
- iShares iBoxx $ High Yield Corporate Bond ETF 2.15%
- iShares Core SP 500 ETF 2.02%
- U.S. Treasury Inflation Linked Notes 0.52%
- Wells Fargo Bank NA 0.52%
- U.S. Treasury Inflation Linked Bonds 0.52%
- BNP Paribas Issuance BV 0.46%
- Microsoft Corp. 0.45%
Asset Allocation
| Weighting | Return Low | Return High | BCICX % Rank | |
|---|---|---|---|---|
| Bonds | 58.12% | 0.00% | 79.72% | 8.31% |
| Stocks | 23.05% | 0.00% | 100.08% | 88.51% |
| Cash | 14.06% | -35.68% | 25.19% | 3.42% |
| Convertible Bonds | 3.02% | 0.00% | 71.77% | 11.85% |
| Other | 2.60% | -0.45% | 61.72% | 8.56% |
| Preferred Stocks | 0.08% | 0.00% | 21.95% | 21.76% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | BCICX % Rank | |
|---|---|---|---|---|
| Financial Services | 17.07% | 0.00% | 83.50% | 14.43% |
| Technology | 14.71% | 0.22% | 27.92% | 58.96% |
| Real Estate | 12.51% | 0.00% | 43.16% | 12.44% |
| Healthcare | 9.81% | 0.00% | 24.25% | 89.55% |
| Industrials | 9.55% | 0.14% | 17.90% | 61.69% |
| Consumer Cyclical | 9.14% | 0.00% | 14.20% | 58.46% |
| Communication Services | 8.10% | 0.00% | 11.11% | 23.63% |
| Consumer Defense | 6.65% | 0.00% | 18.62% | 66.17% |
| Utilities | 4.86% | 0.00% | 48.33% | 31.34% |
| Energy | 4.40% | 0.00% | 62.93% | 63.68% |
| Basic Materials | 3.21% | 0.00% | 32.82% | 87.06% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | BCICX % Rank | |
|---|---|---|---|---|
| US | 14.47% | 0.00% | 100.08% | 88.02% |
| Non US | 8.59% | 0.00% | 23.24% | 12.47% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | BCICX % Rank | |
|---|---|---|---|---|
| Corporate | 64.80% | 0.00% | 96.66% | 8.64% |
| Securitized | 20.18% | 0.00% | 52.08% | 31.36% |
| Cash & Equivalents | 14.06% | 0.00% | 25.19% | 2.93% |
| Government | 2.94% | 0.00% | 63.33% | 91.60% |
| Derivative | 0.81% | -0.45% | 61.72% | 2.44% |
| Municipal | 0.00% | 0.00% | 99.85% | 88.40% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | BCICX % Rank | |
|---|---|---|---|---|
| US | 50.46% | 0.00% | 79.72% | 19.80% |
| Non US | 7.66% | 0.00% | 7.66% | 0.73% |
BCICX - Expenses
Operational Fees
| BCICX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.69% | 0.06% | 21.26% | 12.71% |
| Management Fee | 0.51% | 0.00% | 1.25% | 70.83% |
| 12b-1 Fee | 1.00% | 0.00% | 1.00% | 90.91% |
| Administrative Fee | 0.06% | 0.01% | 0.70% | 35.64% |
Sales Fees
| BCICX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 5.75% | N/A |
| Deferred Load | 1.00% | 1.00% | 5.00% | 54.90% |
Trading Fees
| BCICX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.00% | 2.00% | 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.
| BCICX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 135.00% | 2.00% | 380.00% | 93.58% |
BCICX - Distributions
Dividend Yield Analysis
| BCICX | Category Low | Category High | BCICX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 5.37% | 0.00% | 7.99% | 8.56% |
Dividend Distribution Analysis
| BCICX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Annual | Monthly | Annual |
Net Income Ratio Analysis
| BCICX | Category Low | Category High | BCICX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 3.36% | -1.22% | 6.83% | 10.42% |
Capital Gain Distribution Analysis
| BCICX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Monthly | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Sep 30, 2024 | $0.046 | OrdinaryDividend |
| Aug 30, 2024 | $0.042 | OrdinaryDividend |
| Jul 31, 2024 | $0.042 | OrdinaryDividend |
| Apr 30, 2024 | $0.041 | OrdinaryDividend |
| Mar 31, 2024 | $0.045 | OrdinaryDividend |
| Feb 29, 2024 | $0.039 | OrdinaryDividend |
| Nov 30, 2023 | $0.039 | OrdinaryDividend |
| Oct 31, 2023 | $0.039 | OrdinaryDividend |
| Sep 29, 2023 | $0.041 | OrdinaryDividend |
| Aug 31, 2023 | $0.044 | OrdinaryDividend |
| Jul 31, 2023 | $0.038 | OrdinaryDividend |
| Jun 30, 2023 | $0.002 | OrdinaryDividend |
| May 31, 2023 | $0.038 | OrdinaryDividend |
| Apr 28, 2023 | $0.041 | OrdinaryDividend |
| Mar 31, 2023 | $0.041 | OrdinaryDividend |
| Feb 28, 2023 | $0.031 | OrdinaryDividend |
| Jan 31, 2023 | $0.032 | OrdinaryDividend |
| Dec 30, 2022 | $0.040 | OrdinaryDividend |
| Dec 19, 2022 | $0.013 | CapitalGainShortTerm |
| Nov 30, 2022 | $0.034 | OrdinaryDividend |
| Oct 31, 2022 | $0.034 | OrdinaryDividend |
| Sep 30, 2022 | $0.038 | OrdinaryDividend |
| Aug 31, 2022 | $0.035 | OrdinaryDividend |
| Jul 29, 2022 | $0.034 | OrdinaryDividend |
| Jun 30, 2022 | $0.034 | OrdinaryDividend |
| May 31, 2022 | $0.033 | OrdinaryDividend |
| Apr 29, 2022 | $0.032 | OrdinaryDividend |
| Mar 31, 2022 | $0.033 | OrdinaryDividend |
| Feb 28, 2022 | $0.026 | OrdinaryDividend |
| Jan 31, 2022 | $0.023 | OrdinaryDividend |
| Dec 31, 2021 | $0.032 | OrdinaryDividend |
| Dec 22, 2021 | $0.136 | CapitalGainShortTerm |
| Nov 30, 2021 | $0.026 | OrdinaryDividend |
| Oct 29, 2021 | $0.025 | OrdinaryDividend |
| Sep 30, 2021 | $0.040 | OrdinaryDividend |
| Aug 31, 2021 | $0.028 | OrdinaryDividend |
| Jun 30, 2021 | $0.035 | OrdinaryDividend |
| May 28, 2021 | $0.032 | OrdinaryDividend |
| Apr 30, 2021 | $0.031 | OrdinaryDividend |
| Mar 31, 2021 | $0.031 | OrdinaryDividend |
| Feb 26, 2021 | $0.027 | OrdinaryDividend |
| Jan 29, 2021 | $0.028 | OrdinaryDividend |
| Dec 31, 2020 | $0.032 | OrdinaryDividend |
| Nov 30, 2020 | $0.029 | OrdinaryDividend |
| Oct 30, 2020 | $0.030 | OrdinaryDividend |
| Sep 30, 2020 | $0.028 | OrdinaryDividend |
| Aug 31, 2020 | $0.032 | OrdinaryDividend |
| Jul 31, 2020 | $0.032 | OrdinaryDividend |
| Jun 30, 2020 | $0.038 | OrdinaryDividend |
| May 29, 2020 | $0.035 | OrdinaryDividend |
| Apr 30, 2020 | $0.031 | OrdinaryDividend |
| Mar 31, 2020 | $0.035 | OrdinaryDividend |
| Feb 28, 2020 | $0.027 | OrdinaryDividend |
| Jan 31, 2020 | $0.025 | OrdinaryDividend |
| Dec 31, 2019 | $0.033 | OrdinaryDividend |
| Nov 29, 2019 | $0.031 | OrdinaryDividend |
| Oct 31, 2019 | $0.034 | OrdinaryDividend |
| Sep 30, 2019 | $0.036 | OrdinaryDividend |
| Aug 30, 2019 | $0.039 | OrdinaryDividend |
| Jul 31, 2019 | $0.034 | OrdinaryDividend |
| Dec 22, 2017 | $0.031 | CapitalGainShortTerm |
| Dec 22, 2016 | $0.031 | CapitalGainShortTerm |
| Dec 23, 2015 | $0.026 | CapitalGainShortTerm |
| Dec 22, 2014 | $0.037 | CapitalGainShortTerm |
| Dec 22, 2014 | $0.006 | CapitalGainLongTerm |
| Dec 20, 2013 | $0.017 | CapitalGainShortTerm |
| Dec 20, 2013 | $0.003 | CapitalGainLongTerm |
| Dec 21, 2012 | $0.002 | CapitalGainShortTerm |
| Dec 21, 2012 | $0.002 | CapitalGainLongTerm |
| Jun 04, 2012 | $0.036 | OrdinaryDividend |
| May 02, 2012 | $0.026 | OrdinaryDividend |
| Apr 03, 2012 | $0.031 | OrdinaryDividend |
| Mar 22, 2012 | $0.023 | OrdinaryDividend |
| Feb 16, 2012 | $0.014 | OrdinaryDividend |
| Dec 30, 2011 | $0.053 | OrdinaryDividend |
| Dec 15, 2011 | $0.004 | OrdinaryDividend |
| Nov 17, 2011 | $0.009 | OrdinaryDividend |
| Oct 20, 2011 | $0.018 | OrdinaryDividend |
| Sep 22, 2011 | $0.025 | OrdinaryDividend |
| Aug 18, 2011 | $0.010 | OrdinaryDividend |
| Jul 21, 2011 | $0.021 | OrdinaryDividend |
| Jun 23, 2011 | $0.020 | OrdinaryDividend |
| May 19, 2011 | $0.013 | OrdinaryDividend |
| Apr 20, 2011 | $0.018 | OrdinaryDividend |
| Mar 24, 2011 | $0.004 | OrdinaryDividend |
| Feb 17, 2011 | $0.007 | OrdinaryDividend |
| Dec 28, 2010 | $0.015 | OrdinaryDividend |
| Dec 16, 2010 | $0.023 | OrdinaryDividend |
| Nov 18, 2010 | $0.015 | OrdinaryDividend |
| Oct 21, 2010 | $0.020 | OrdinaryDividend |
| Sep 23, 2010 | $0.021 | OrdinaryDividend |
| Aug 19, 2010 | $0.047 | OrdinaryDividend |
| Jul 22, 2010 | $0.018 | OrdinaryDividend |
| Jun 24, 2010 | $0.021 | OrdinaryDividend |
| May 20, 2010 | $0.014 | OrdinaryDividend |
| Apr 22, 2010 | $0.023 | OrdinaryDividend |
| Mar 25, 2010 | $0.022 | OrdinaryDividend |
| Feb 18, 2010 | $0.010 | OrdinaryDividend |
| Dec 29, 2009 | $0.062 | OrdinaryDividend |
| Nov 19, 2009 | $0.018 | OrdinaryDividend |
| Oct 22, 2009 | $0.021 | OrdinaryDividend |
| Sep 24, 2009 | $0.048 | OrdinaryDividend |
| Aug 20, 2009 | $0.022 | OrdinaryDividend |
| Jul 23, 2009 | $0.035 | OrdinaryDividend |
| Jun 25, 2009 | $0.027 | OrdinaryDividend |
| May 21, 2009 | $0.021 | OrdinaryDividend |
| Apr 23, 2009 | $0.022 | OrdinaryDividend |
| Mar 26, 2009 | $0.031 | OrdinaryDividend |
| Feb 19, 2009 | $0.004 | OrdinaryDividend |
| Dec 29, 2008 | $0.087 | OrdinaryDividend |
| Nov 18, 2008 | $0.029 | OrdinaryDividend |
| Oct 23, 2008 | $0.037 | OrdinaryDividend |
| Sep 18, 2008 | $0.030 | OrdinaryDividend |
| Aug 21, 2008 | $0.029 | OrdinaryDividend |
| Jul 17, 2008 | $0.032 | OrdinaryDividend |
| Jun 17, 2008 | $0.038 | OrdinaryDividend |
| May 20, 2008 | $0.018 | OrdinaryDividend |
BCICX - Fund Manager Analysis
Managers
Justin Christofel
Start Date
Tenure
Tenure Rank
Nov 28, 2011
10.51
10.5%
Justin Christofel, CFA, CAIA, Managing Director and portfolio manager, is a member of the BlackRock Multi-Asset Strategies group. Prior to the launch of the Income strategies, Mr. Christofel managed customized asset allocation portfolios for institutional investors. He also managed volatility control strategies, and a multi-asset real return portfolio. Mr. Christofel joined Blackrock in 2007 from Oliver Wyman, a consulting firm specializing in financial services. His projects spanned from retail banking to structured finance. Mr. Christofel graduated from Yale University with a BA degree, with honors, in economics and mathematics.
Michael Fredericks
Start Date
Tenure
Tenure Rank
Nov 28, 2011
10.51
10.5%
Michael Fredericks, Managing Director, is head of Income Investing for the Blackrock Multi-Asset Strategies group and lead portfolio manager for the Multi-Asset Income, Global Multi-Asset Income, Dynamic High Income, and Managed Income funds. Mr. Fredericks joined BlackRock in 2011 from JPMorgan Asset Management where he was an Executive Director and portfolio manager in the Global Multi-Asset Group (GMAG) responsible for retail asset allocation solutions. At JPMorgan he co-managed the JPMorgan Diversified Fund and the JPMorgan Income Builder Fund, and served on the GMAG New York investment committee. Previously he was an equity analyst responsible for global consumer discretionary stocks at Nicholas Applegate Capital Management. Mr. Fredericks holds a B.A. in Economics and History from the University of California, Berkeley and an M.P.I.A. from the Graduate School of International Relations and Pacific Studies at the University of California, San Diego. He regularly contributes to financial news media and has been featured in print and broadcast outlets including the Wall Street Journal, Financial Times, Associated Press, CNBC and Bloomberg TV, among others.
Alex Shingler
Start Date
Tenure
Tenure Rank
Mar 09, 2015
7.23
7.2%
Alex Shingler, CFA, Managing Director and portfolio manager, is a member of BlackRock's Multi-Asset Strategies group. Prior to his current role, Mr. Shingler served as a research analyst and portfolio manager within European and US Credit Strategies. Before joining BlackRock in 2009 in London, Mr. Shingler was Head of European Research at R3 Capital Partners and its predecessor. From 1999 to 2007, Mr. Shingler was with Seneca Capital Advisors, focusing on special situation equity and debt investments. He began his career as ananalyst with J.P. Morgan. Mr. Shingler earned an AB degree, summa cum laude, in philosophy from Princeton University.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.09 | 28.73 | 6.38 | 2.41 |
