BlackRock Inc. (BLKÂ -Â Free Report) had a total of $5.4 trillion assets under management (as of March 31, 2017) across equity, fixed income, cash management, alternative investment, real estate and advisory strategies. Â 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 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 which 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 10.4% over the last one-year period.
BHYAX has an expense ratio of 0.92% compared with the category average of 1.06%.
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 U.S. 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 returned 6.1% over the last one-year period.
