BlackRock Summit Cash Reserves Fund Cl A (MSAXX)
| Fund Assets | 1.00M |
| Expense Ratio | n/a |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 1.000 |
| YTD Return | 0.65% |
| 1-Year Return | 1.77% |
| 5-Year Return | n/a |
| 52-Week Low | 1.000 |
| 52-Week High | 1.000 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | Dec 17, 1982 |
About MSAXX
MSAXX was founded on 1982-12-17. The Fund's investment strategy focuses on US Govt Money Mkt with 0.42% total expense ratio. The minimum amount to invest in BlackRock Financial Institutions Series Trust: BlackRock Summit Cash Reserves Fund; Investor A Shares is $1,000 on a standard taxable account. BlackRock Financial Institutions Series Trust: BlackRock Summit Cash Reserves Fund; Investor A Shares seeks current income, preservation of capital and liquidity available from investing in a diversified portfolio of short-term money market securities. These securities consist primarily of short-term securities, including U.S. Treasury and U.S. Government securities, commercial paper and repurchase agreements.
Performance
MSAXX had a total return of 1.77% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.63%.