BlackRock Low Duration Bond Portfolio Investor A1 Shares (CMGAX)
| Fund Assets | 4.02B |
| Expense Ratio | 0.50% |
| Min. Investment | $100 |
| Turnover | 182.00% |
| Dividend (ttm) | 0.41 |
| Dividend Yield | 4.55% |
| Dividend Growth | 3.66% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 9.11 |
| YTD Return | -0.26% |
| 1-Year Return | 4.21% |
| 5-Year Return | 9.56% |
| 52-Week Low | 9.04 |
| 52-Week High | 9.22 |
| Beta (5Y) | n/a |
| Holdings | 1829 |
| Inception Date | Oct 2, 2006 |
About CMGAX
BlackRock Low Duration Bond Fund Investor A1 Shares is an actively managed mutual fund focused on short-maturity, high-quality fixed income. Its primary objective is to deliver total return above its reference benchmark while emphasizing preservation of capital and reduced interest rate sensitivity. The fund invests predominantly in investment‑grade bonds and targets an average portfolio duration between 0 and 3 years, positioning it to mitigate rate volatility relative to core bond peers. It may allocate up to a minority share in below‑investment‑grade securities, providing flexibility to pursue incremental income across market cycles. Core exposures include U.S. Treasuries and investment‑grade corporate credit, with meaningful representation from large financial issuers and government‑related agencies, reflecting a conservative liquidity and credit profile. As of the latest fact sheet, portfolio characteristics highlight a low effective duration alongside a short weighted average life, consistent with the fund’s defensive mandate. The strategy serves as a cash-plus or short-term bond sleeve within diversified fixed income allocations, aiming to balance income generation, liquidity, and downside risk management under BlackRock’s established bond platform.
Performance
CMGAX had a total return of 4.21% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.98%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.0315 | Feb 27, 2026 |
| Jan 30, 2026 | $0.0345 | Jan 30, 2026 |
| Dec 31, 2025 | $0.0352 | Dec 31, 2025 |
| Nov 28, 2025 | $0.0346 | Nov 28, 2025 |
| Oct 31, 2025 | $0.0353 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03444 | Sep 30, 2025 |