Morningstar

BlackRock Total Return Fund Class K Shares MPHQX

Morningstar Medalist Rating
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Medalist Rating as of See BlackRock Investment Hub
  • NAV / 1-Day Return $9.58  /  +0.10 %
  • Fund Size $17.8B
  • Adjusted Expense Ratio 0.370%
  • Net Expense Ratio 0.360%
  • Fee Level: Distribution Below Average
  • Share Class Type Institutional
  • Morningstar Category Intermediate Core-Plus Bond
  • Fixed-Income Style Box (Funds) —
  • Minimum Initial Investment $5M
  • Investment Status Open
  • TTM Yield 4.82%
  • Average Effective Duration —
NAV and 1-Day Return as of

Morningstar’s Analysis MPHQX

Will MPHQX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MPHQX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MPHQX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of MPHQX’s parent organization’s priorities and whether they’re in line with investors’ interests.

It would be difficult to bet against a fund with this much firepower.

Senior Principal Eric Jacobson

Eric Jacobson

Senior Principal

Summary

BlackRock Total Return has made adjustments but still benefits from nearly unrivaled scale and expertise.

by Eric Jacobson
Rated on Published on

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Portfolio Holdings MPHQX

More MPHQX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 10.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Federal National Mortgage Association

7.89 1B
Securitized

BlackRock Liquidity T-Fund Instl

5.62 1B
Cash and Equivalents

Federal National Mortgage Association

4.10 743M
Securitized

EUR/USD Purchased

3.19 578M
Derivative

2Y Rtp 3.850000 21-Oct-2026 2

2.99 542M
—

2Y Rtp 4.050000 04-Oct-2027 2

2.76 499M
—

FSWP: OIS 3.228000 11-DEC-2027 SOF Receive

2.08 378M
Government

Federal National Mortgage Association

2.02 366M
Securitized

2Y Rtp 4.300000 20-Sep-2027 2

1.92 348M
—

Federal National Mortgage Association

1.87 338M
Securitized

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