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BlackRock Government Inc Inv A (CCGAX)

On Feb 9: 10.41 USD  Down 0.02 (0.19%)  
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Profile  As of 31-Jan-10 Get Profile for:
BlackRock Government Inc Inv A
BlackRock Funds
Phone: 800-441-7762
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FUND OVERVIEW
Category: Intermediate Government
Fund Family: BlackRock
Net Assets: 630.95M
Year-to-Date Return: 1.52%
Yield: 4.48%
Morningstar Rating: 2 stars
Fund Inception Date: 03-Oct-94
MORNINGSTAR STYLE BOX
Intermediate Government
[View Category Definition]
View Top Intermediate Government Funds
About the Morningstar Style Box
MANAGEMENT INFORMATION
Andrew J. Phillips
Lead Manager since 20-Jul-99
Andrew J. Phillips, Managing Director and fixed income portfolio manager, is a member of the Investment Strategy Group and the Fixed Income Operating Committee. He is also Chairman of the monthly Account Review Meeting, which examines performance, compliance, and operations for all client portfolios. Prior to joining BlackRock in 1991, Mr. Phillips was a portfolio manager at Metropolitan Life Insurance Company.
INVESTMENT INFORMATION
Min Initial Investment: $1,000
Min Initial Investment, IRA: $1,000
Min Initial Investment, AIP: $50
Min Subsequent Investment: $50
Min Subsequent Investment, IRA: $50
Min Subsequent Investment, AIP: $50
CCGAX can be purchased from 9 brokerages.
FUND SUMMARY
The investment seeks total returns, consistent with income generation and prudent investment management. The fund invests primarily in highest rated government and agency bonds in the ten to fifteen year maturity range and in mortgages guaranteed by the U.S. Government or agencies. It invests at least 80% of assets in bonds issued or guaranteed by the U.S. government and agencies. The fund normally attempt to structure the Fund?s portfolio to have a comparable duration to its benchmark.
FUND OPERATIONS
Last Dividend (29-Jan-10): 0.04
Last Cap Gain (22-Dec-09): 0.00
Annual Holdings Turnover 2008.00%
Average for Category: 344.22%
FEES & EXPENSES
Expense CCGAX Category
Avg
Total Expense Ratio: 0.97% 1.01%
Max 12b1 Fee: 0.25% N/A
Max Front End Sales Load: 4.00% 4.08%
Max Deferred Sales Load: % 2.74%
3 Yr Expense Projection*: $913 $484
5 Yr Expense Projection*: $1,287 $726
10 Yr Expense Projection*: $2,335 $1,412
* Per $10,000 invested


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