From 24/7 Wall St. · Ryne Mauck · · 1m
BlackRock Bond Fund Beats BND with 6% Monthly Yield
BlackRock's $16.6B bond fund offers 6% monthly yield vs BND's 4% with 2% annual return.
In brief
BlackRock's $16.6B bond fund offers 6% monthly yield vs BND's 4% with 2% annual return. BlackRock's active bond fund BINC delivers 6% monthly yield and 2% annual return versus BND's 4% yield and 2% return. Originally reported by 24/7 Wall St..
Core Bond Fund
Vanguard BND tracks U.S. investment-grade bonds with 0.04% expense ratio.
BND's Current Performance
BND's price fell 0.42% last year while total return was 2.11%.
BlackRock's Active Fund
BlackRock's BINC manages $16.6 billion with 5.33% SEC yield and 6.07% distribution yield.
BINC's Portfolio Strategy
BINC holds agency mortgage TBAs, corporate credit, and emerging-market debt.
Yield Advantage
BINC's 6% monthly yield beats BND's 4% with 2% annual return over 12 months.
Trade-Offs
BINC charges 0.40% vs BND's 0.04% and carries active-manager risk.
Switch Strategy
Partial swaps boost yield without sacrificing rate sensitivity.
The bottom line
BlackRock's active bond fund BINC delivers 6% monthly yield and 2% annual return versus BND's 4% yield and 2% return.
