BlackRock Short Obligations Fund

U.S. News evaluated 55 Ultrashort Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 0.51 percent over the past year.

Trailing Returns Updated 02.28.2014
Year to date 0.1%
1 Year 0.5%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks to seek current income consistent with preservation of capital. The fund will invest in U.S. dollar-denominated investment grade and short-term fixed and floating rate debt securities maturing in three years or less (with certain exceptions) and will maintain a dollar-weighted average maturity of 180 days or less and a dollar-weighted average life of 365 days or less. It invests a significant portion of its assets in securities issued by financial services companies, including banks, broker-dealers and insurance companies, and repurchase agreements secured by such obligations.

Fees

Fees are Low compared to funds in the same category.
BlackRock Short Obligations Fund has an expense ratio of 0.13 percent.

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Risk

Risk is N/A compared to funds in the same category according to Morningstar.

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