Morningstar Fund Report  | 05/04/2025Print

BlackRock Institutional Bond Funds - Over 10 Year Corporate Bd Class B GBP Distribution

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
BlackRock Institutional Bond Funds - Over 10 Year Corporate Bd Class B GBP Distribution
Fund-5.6-30.111.2-3.5-0.3
+/-Cat-3.0-11.41.5-5.5-1.1
+/-B’mrk-1.8-9.51.4-4.5-0.5
 
Category: GBP Corporate Bond
Category Benchmark: Morningstar UK Corp Bd GR GBP
Key Stats
NAV
04/04/2025		 GBX 106.64
Day Change 0.97%
Morningstar Category™ GBP Corporate Bond
IA (formerly IMA) Sector £ Corporate Bond
ISIN GB0099289679
Fund Size (Mil)
31/03/2025		 GBP 472.76
Share Class Size (Mil)
-		 -
Max Initial Charge -
Ongoing Charge
10/02/2025		  0.37%
Investment Objective: BlackRock Institutional Bond Funds - Over 10 Year Corporate Bd Class B GBP Distribution
-
Returns
Trailing Returns (GBP)04/04/2025
YTD0.60
3 Years Annualised-6.16
5 Years Annualised-3.34
10 Years Annualised0.41
12 Month Yield 5.03
Dividend Paying Frequency Quarterly
Management
Manager Name
Start Date
Simon Blundell
01/10/1999
Inception Date
10/01/2006

Category Benchmark
Fund BenchmarkMorningstar Benchmark
iBoxx Stg Non-Gilts 10+ YearsMorningstar UK Corp Bd GR GBP
Portfolio Profile for  BlackRock Institutional Bond Funds - Over 10 Year Corporate Bd Class B GBP Distribution28/02/2025
Fixed Income
Effective Maturity21.20
Effective Duration11.25
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock0.000.000.00
Bond104.826.4198.42
Property0.000.000.00
Cash17.5016.880.62
Other0.000.000.00
Growth Of 1000 (GBP) 31/03/2025
Fund:  BlackRock Institutional Bond Funds - Over 10 Year Corporate Bd Class B GBP Distribution
Category:  GBP Corporate Bond
Category Index:  Morningstar UK Corp Bd GR GBP
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-3.8516.7614.70-5.63-30.1511.16-3.50-0.34
+/- Category-1.547.135.99-2.96-11.431.48-5.53-1.05
+/- Category Index-1.805.605.25-1.78-9.511.43-4.53-0.52
% Rank in Category95499593129794
Trailing Returns (GBP)04/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day0.97   0.830.62
1 Week1.44   0.760.44
1 Month-1.29   -0.78-0.85
3 Months0.47   -0.40-0.30
6 Months-2.04   -2.30-2.02
YTD0.60   -0.33-0.14
1 Year-0.68   -3.95-3.70
3 Years Annualised-6.16   -5.82-4.74
5 Years Annualised-3.34   -3.69-2.61
10 Years Annualised0.41   -1.34-1.01
 
Category: GBP Corporate Bond
Category Index: Morningstar UK Corp Bd GR GBP
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-0.34---
2024-1.36-1.532.26-2.85
20233.56-5.77-0.4014.37
2022-10.25-13.95-16.598.43
2021-7.812.73-1.471.12
2020-5.6814.331.235.07
 
 
 
Morningstar Rating™(Relative to Category)28/02/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearLowHigh1 star
5-YearLowHigh1 star
10-YearLowHigh1 star
OverallLowHigh1 star
 
Category :  GBP Corporate BondClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev16.02 %
3-Yr Mean Return-4.74 %
 
3-Yr Sharpe Ratio-0.56
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar UK Corp Bd GR GBP  Morningstar UK Corp Bd GR GBP
3-Yr Beta1.461.46
3-Yr Alpha-1.53-1.53
 
Fixed Income Style31/01/2025
Morningstar Style Box®
Fixed Income Style
SizeRel to Cat
Total Market Value (Mil)GBP 482
Maturity Distribution %
1 to 30.01
3 to 56.49
5 to 70.90
7 to 104.36
10 to 1521.66
15 to 2031.05
20 to 3022.44
Over 3013.09
Effective Maturity21.20
Effective Duration11.25
Credit Quality Breakdown %     %
AAA1.45   BB1.02
AA14.01   B0.00
A35.20   Below B0.00
BBB48.33   Not Rated0.00
 
Category: GBP Corporate Bond
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock0.000.000.00
Bond104.826.4198.42
Property0.000.000.00
Cash17.5016.880.62
Other0.000.000.00
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings0
Total Number of Bond Holdings287
Assets in Top 10 Holdings13.36
NameSectorCountry% of Assets
United Kingdom of Great Britain and N... United Kingdom2.64
United Kingdom of Great Britain and N... United Kingdom1.41
GlaxoSmithKline Capital PLCUnited Kingdom1.40
Heathrow Funding Ltd.United Kingdom1.34
T.H.F.C. (Funding No.3) PLCUnited Kingdom1.26
United Utilities Water Finance PLCUnited Kingdom1.10
United Kingdom of Great Britain and N... United Kingdom1.09
Time Warner Cable LLCUnited States1.05
Electricite de France SAFrance1.05
National Grid Electricity Distributio... United Kingdom1.01
 
Increase Decrease New since last portfolio
Category: GBP Corporate Bond
 
Management
Name of CompanyBlackRock Fund Managers Limited
Phone020 7743 3000
Website -
Address12 Throgmorton Avenue
 London   EC2N 2DL
 United Kingdom
DomicileUnited Kingdom
Legal StructureUnit Trust
UCITSYes
Inception Date10/01/2006
Fund Advisor(s)
BlackRock Investment Management (UK) Ltd.
Fund ManagerSimon Blundell
Manager Start Date01/10/1999
 
Biography
Simon Blundell, Director, is a member of the Sterling Bond Portfolio Team within BlackRock Fundamental Fixed Income. Prior to joining BlackRock in 2011, Mr. Blundell was Head of Institutional Credit Portfolio Management at Aviva Investors where he oversaw £9 billion in assets across Euro, Sterling, and Global credit and aggregate products. Prior to joining Aviva in 2009, Mr. Blundell spent 10 years at ABN AMRO Asset Management (later acquired by Fortis Investments where he stayed on for a year), most recently as head of credit. He previously held positions at HSBC Asset Management and Morgan Grenfell Asset Management. He began his investment career in 1994.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.35%
Ongoing Charge0.37%
Purchase Details
Minimum Investments
Initial5000  GBP
Additional-
Savings-
Tax Free Savings Schemes
ISAsYes