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    BlackRock High Yield Bond Inv A (BHYAX)

    7.32 Up 0.02(0.27%) May 24

    Profile as of Apr 29, 2016Get Profile for:
    BlackRock High Yield Bond Inv A
    Phone: 800-441-7762
    Fund Overview 
    Category:High Yield Bond
    Fund Family:BlackRock
    Net Assets:17.46B
    Year-to-Date Return:4.79%
    Morningstar Rating:3 stars
    Fund Inception Date:Nov 19, 1998
    Morningstar Style Box 
    High Yield Bond
    [View Category Definition]
    View Top High Yield Bond Funds
    About the Morningstar Style Box
    Management Information 
    Derek Schoenhofen
    Lead Manager since May 8, 2009
    Director of BlackRock since 2006; Member of BlackRock’s Portfolio Management Group from 2000 to 2006.
    Investment Information 
    Min Initial Investment:1,000
    Min Initial Investment, IRA:100
    Min Initial Investment, AIP:50
    Min Subsequent Investment:50
    Min Subsequent Investment, IRA:N/A
    Min Subsequent Investment, AIP:50
    BHYAX can be purchased from 139 brokerages.

    Fund Summary 
    The investment seeks to maximize total return, consistent with income generation and prudent investment management. The fund invests primarily in non-investment grade bonds with maturities of ten years or less. It normally invests at least 80% of its assets in high yield bonds. The fund may invest up to 30% of its assets in non-dollar denominated bonds of issuers located outside of the United States. Its investment in non-dollar denominated bonds may be on a currency hedged or unhedged basis. The fund may also invest in convertible and preferred securities.

    Fund Operations 
    Last Dividend (Apr 28, 2016) : 0.03
    Last Cap Gain : 0.00
    Annual Holdings Turnover (May 19, 2016) : 70.00%
    Average for Category:66.01%
    Fees & Expenses 
    ExpenseBHYAXCategory Avg
    Annual Report Expense Ratio (net):0.92%1.07%
    Prospectus Net Expense Ratio:0.93%N/A
    Prospectus Gross Expense Ratio:0.94%N/A
    Max 12b1 Fee:0.25%N/A
    Max Front End Sales Load:4.00%4.15%
    Max Deferred Sales Load: N/A1.93%
    3 Yr Expense Projection*:687483
    5 Yr Expense Projection*:898768
    10 Yr Expense Projection*:1,5081,574
    * Per $10,000 invested