BlackRock Income Fund Instl (BMSIX)
| Fund Assets | 1.24B |
| Expense Ratio | 0.63% |
| Min. Investment | $2,000,000 |
| Turnover | 521.00% |
| Dividend (ttm) | 0.50 |
| Dividend Yield | 5.50% |
| Dividend Growth | -7.97% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 9.16 |
| YTD Return | 3.57% |
| 1-Year Return | 3.47% |
| 5-Year Return | 11.52% |
| 52-Week Low | 8.78 |
| 52-Week High | 9.20 |
| Beta (5Y) | n/a |
| Holdings | 2186 |
| Inception Date | Feb 26, 2010 |
About BMSIX
BlackRock Income Fund Institutional Shares is an actively managed mutual fund focused on generating high current income with a secondary objective of long-term capital appreciation. The strategy primarily invests in fixed-income securities, allocating at least 80% of assets to bonds while dynamically rotating across sectors to capture diversified income sources. The portfolio spans U.S. Treasuries, agency mortgage-backed securities, corporate credit, securitized debt, and selective emerging markets exposure, supplemented by derivatives to manage interest-rate and currency risks. Management emphasizes multi-sector flexibility and risk management, seeking steady income across market cycles rather than adherence to a single benchmark style. The fund’s institutional share class features a competitive expense profile for its category and aims to balance yield with disciplined duration and credit positioning. Led by experienced portfolio managers within BlackRock’s Global Credit and Fundamental Fixed Income platforms, the fund plays a role as a core-plus income allocation for investors looking to diversify across rates, mortgages, and credit while maintaining professional oversight of sector selection and risk controls.
Performance
BMSIX had a total return of 3.47% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.29%.
Top 10 Holdings
50.81% of assets| Name | Symbol | Weight |
|---|---|---|
| Federal National Mortgage Association | FNCL.6 8.11 | 24.77% |
| EUR/USD Purchased | n/a | 7.52% |
| United States Treasury Bills | B.0 10.16.25 | 4.87% |
| Ice: (Cdx.Na.Hy.44.V1) | n/a | 2.80% |
| United States Treasury Bills | B.0 10.30.25 | 2.43% |
| VanEck J. P. Morgan EM Local Currency Bond ETF | EMLC | 2.43% |
| iShares JP Morgan USD Emerging Markets Bond ETF | EMB | 1.97% |
| GBP/USD Purchased | n/a | 1.43% |
| BlackRock Liquidity Funds - T-Fund | TSTXX | 1.31% |
| iShares Floating Rate Bond ETF | FLOT | 1.29% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.0438 | Aug 29, 2025 |
| Jul 31, 2025 | $0.042 | Jul 31, 2025 |
| Jun 30, 2025 | $0.0418 | Jun 30, 2025 |
| May 30, 2025 | $0.0438 | May 30, 2025 |
| Apr 30, 2025 | $0.0421 | Apr 30, 2025 |
| Mar 31, 2025 | $0.0412 | Mar 31, 2025 |