BlackRock Total Return K

Frequently Asked Questions About MPHQX

What does MPHQX invest in?

This fund predominantly commits over 90% of its assets to a broad and varied spectrum of fixed-income instruments. Its portfolio typically includes corporate bonds and notes, mortgage-backed securities, asset-backed securities, convertible and preferred shares, as well as government obligations. A minimum of 80% of its investments are consistently directed towards bonds, with a primary emphasis on securities carrying an investment-grade credit rating. Structurally, this vehicle functions as a "feeder" fund, channeling its entire capital into an associated "master" portfolio.

What is the expense ratio of MPHQX?

BlackRock Total Return K (MPHQX) charges an expense ratio of 0.37%. This is the annual fee deducted from fund assets to cover management and operations.

What is MPHQX's dividend yield?

MPHQX's trailing-twelve-month yield is 4.44%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of MPHQX?

Effective duration measures MPHQX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. MPHQX's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of MPHQX?

MPHQX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of MPHQX?

Yield to maturity (YTM) is the total return you'd earn from MPHQX if every bond in the portfolio is held to maturity at the current price. MPHQX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.