About BMOIX
iShares U.S. Aggregate Bond Index Fund Institutional Shares is a mutual fund designed to track the performance of the Bloomberg U.S. Aggregate Bond Index, a broad benchmark that covers the taxable, investment-grade U.S. bond market. The fund invests primarily in U.S. government, corporate, and securitized debt instruments, providing diversified exposure across sectors such as Treasuries, mortgage-backed securities, and high-quality corporate bonds. With a focus on intermediate-term core bonds, the fund generally maintains investment-grade credit quality and moderate interest rate sensitivity, making it a foundational fixed income holding for institutional investors. It is structured as a feeder fund, channeling assets into a master portfolio that applies the same investment strategy. Noteworthy for its low expense ratio and cost efficiency compared to peers, the fund plays a significant role in institutional portfolio construction by offering broad, diversified access to the U.S. bond market while emphasizing stability, diversification, and liquidity.
Fund Family BlackRock
Category Intermediate Core Bond
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol BMOIX
Index Bloomberg U.S. Aggregate Bond TR
BMOIX had a total return of 2.55% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.11%.
