About MPHQX
BlackRock Total Return Fund Class K is an institutional-class mutual fund focused on generating total return through a diversified portfolio of fixed income securities. Its primary objective is to outperform the Bloomberg U.S. Aggregate Bond Index by investing predominantly in investment grade bonds, including corporate bonds, U.S. government obligations, mortgage-backed, and asset-backed securities. The fund typically allocates more than 90% of its assets to fixed income investments, ensuring broad sector and issuer diversification within the bond market. Managed by BlackRock’s experienced fixed income team, the fund leverages the firm’s comprehensive bond research and market insight. Suitable for institutional investors, Class K shares require a high minimum investment and offer a competitive expense ratio. BlackRock Total Return Fund Class K is positioned as an intermediate core-plus bond fund, serving as a foundational fixed income component for asset allocation, income generation, and risk management in diversified portfolios. It distributes income monthly and is recognized for its scale, disciplined risk management, and integration within BlackRock’s global bond platform.
Fund Family BlackRock
Category Intermediate Core-Plus Bond
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol MPHQX
Index Bloomberg U.S. Aggregate Bond TR
MPHQX had a total return of 4.66% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.51%.