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BlackRock Strategic Income Opps Instl (BSIIX)

9.53
-0.01
(-0.10%)
At close: 8:03:45 PM EDT

Fund Summary

The fund will invest in a combination of fixed-income securities, including, but not limited to: high yield securities, international securities, emerging markets debt and mortgages. It may invest significantly in non-investment grade bonds (high yield or junk bonds). It may invest up to 15% of its net assets in collateralized debt obligations, of which 10% (as a percentage of the fund's net assets) may be in collateralized loan obligations.

BlackRock Strategic Income Opps Instl

100 BELLEVUE PARKWAY

Fund Overview

Category Nontraditional Bond
Fund Family BlackRock
Net Assets 41.53B
YTD Return 2.17%
Yield 4.74%
Morningstar Rating
Inception Date Feb 05, 2008

Fund Operations

Last Dividend 0.07
Last Cap Gain -8.00
Holdings Turnover 1,117.00%
Average for Category --

Fees & Expenses

Expense BSIIX Category Average
Annual Report Expense Ratio (net) 0.74% 1.23%
Prospectus Net Expense Ratio 0.74% --
Prospectus Gross Expense Ratio 0.75% --
Max 12b1 Fee -- --
Max Front End Sales Load -- 4.11%
Max Deferred Sales Load -- 1.17%
3 Yr Expense Projection 0 --
5 Yr Expense Projection 0 --
10 Yr Expense Projection 0 --

Management Information

Managing Director, is Head of Global Macro Positioning for Fixed-Income and a member of the Global Fixed-Income Executive Committee. He is a portfolio manager for unconstrained multi-sector and global fixed-income mandates. Prior to joining BlackRock in 2009, Mr. Brownback was a Senior Partner with R3 Capital Partners. From 1992 to 2008, he was with Lehman Brothers, most recently as a Managing Director and proprietary trader/portfolio manager for the Global Principal Strategies team. Previously, he was the head of the firm's Corporate and Emerging Markets bond trading desks. Mr. Brownback earned a BA in Economics from Hobart College and an Master in Management from the Kellogg Graduate School of Management at Northwestern University. He has been an adjunct professor for both graduate and undergraduate studies at Syracuse University's Whitman School of Business.

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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