BlackRock Low Duration Bond Portfolio Institutional Shares (BFMSX)

Fund Assets	3.78B
Expense Ratio	0.41%
Min. Investment	$2,000,000
Turnover	182.00%
Dividend (ttm)	0.42
Dividend Yield	4.74%
Dividend Growth	1.96%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	8.94
YTD Return	0.60%
1-Year Return	1.78%
5-Year Return	10.82%
52-Week Low	8.93
52-Week High	9.21
Beta (5Y)	0.09
Holdings	2146
Inception Date	Jul 17, 1992

About BFMSX

BlackRock Low Duration Bond Fund Institutional Shares is an actively managed open‑end mutual fund focused on short‑maturity, investment‑grade fixed income. Its primary objective is to provide income and capital preservation by concentrating on bonds with an average portfolio duration between 0 and 3 years, a range designed to moderate interest‑rate sensitivity relative to core bond strategies. The portfolio typically allocates at least 65% to investment‑grade securities from U.S. issuers, spanning sectors such as U.S. Treasuries, agencies, high‑quality corporates, and securitized assets, with liquidity tools and derivatives used for risk management where appropriate. Positioned within the short‑term bond category, it seeks to balance credit quality with limited duration to help dampen volatility from rate moves while pursuing incremental yield over cash alternatives. The fund’s structure and process emphasize diversified exposure across high‑quality segments and disciplined duration control, aiming to deliver consistent risk‑adjusted returns over market cycles. Its institutional share class features an expense profile typical for large, professionally managed short‑duration strategies and targets investors seeking a conservative fixed‑income anchor within a broader portfolio allocation.

• Fund Family: BlackRock
• Category: Short-Term Bond
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: BFMSX
• Index: ICE BofA 1-3 Year Gov/Corporate TR

Performance

BFMSX had a total return of 1.78% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.30%.

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.03573	Sep 30, 2026
Aug 31, 2026	$0.03603	Aug 31, 2026
Jul 31, 2026	$0.036	Jul 31, 2026
Jun 30, 2026	$0.0347	Jun 30, 2026
May 29, 2026	$0.0357	May 29, 2026
Apr 30, 2026	$0.03457	Apr 30, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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