BlackRock Managed Income Fund
Data updated: 2026-08-25
C000050722 — BlackRock Managed Income Fund. United States Large Cap Blend / Core Equity · $877.61M AUM. Holdings, fees, performance and SEC filings.
C000050722 Fund Overview
BlackRock Managed Income Fund is a US mutual fund managed by BlackRock Funds II, categorised as United States Large Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: BlackRock Funds II
- Category: United States Large Cap Blend / Core Equity
- Assets under management: $877.61M
- 1-year return: 5.8%
- SEC CIK: 0001398078
- SEC series ID: S000018357
- Share class ID: C000050722
C000050722 Investment Objective and Strategy
BlackRock Managed Income Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by BlackRock Funds II.
Investment objective
The investment objective of the BlackRock Managed Income Fund (the Fund) is to seek to maximize current income with consideration for risk-managed total return.
Principal investment strategy
The Fund may invest up to 100% of its assets in fixed-income securities and up to 30% of its assets in equity securities. The Fund may also gain exposure to such fixed-income securities and equity securities by investing in BlackRock fixed-income and/or equity mutual funds (underlying funds) and affiliated and unaffiliated exchange-traded funds (ETFs). With respect to the Funds fixed-income investments, the Fund may invest in fixed-income securities such as corporate bonds and notes, commercial and residential mortgage-backed securities (including collateralized mortgage obligations), asset-backed securities (such as collateralized debt obligations, including collateralized loan obligations), municipal securities, preferred securities, pass-through securities, U.S. Treasuries and agency securities, and securities issued or guaranteed by foreign governments, their agencies or instrumentalities, and floating rate securities (such as bank loans).
The Fund may also invest in non-investment grade bonds (high yield, junk bonds or distressed securities), non-investment grade bank loans, non-dollar denominated bonds and bonds of emerging market issuers. The Funds investment in non-dollar denominated bonds may be on a currency hedged or unhedged basis. The Fund may invest in fixed-income securities of both U.S. and non-U.S. issuers, including emerging market issuers, without limit. The average portfolio duration of the Fund will vary based on the management teams forecast of interest rates and there are no limits regarding portfolio duration or average maturity. With respect to the Funds equity investments, the Fund may invest in common stock and preferred stock. The Fund generally intends to invest in dividend paying stocks. From time to time, the Fund may invest in shares of companies through initial public offerings (IPOs).
The Fund may invest in securities of both U.S. or non-U.S. issuers, including emerging market issuers, without limit, which can be U.S. dollar based or non-U.S. dollar based and may be currency hedged or unhedged. The Fund may invest in securities of companies of any market capitalization. In addition, the Fund may invest in structured notes that provide exposure to covered call options or other types of financial instruments. The Fund may also purchase securities convertible into common and preferred stock. The Fund may, when consistent with its investment objective, buy or sell options or futures on a security or an index of securities, or enter into swaps and foreign currency transactions (collectively, commonly known as derivatives). The Funds use of derivatives will be primarily as part of a strategy designed to reduce exposure to other risks, such as currency risk.
The Fund may also use derivatives as a substitute for taking a position in the underlying asset. The Fund may seek to obtain market exposure to the securities in which it primarily invests by entering into a series of purchase and sale contracts or by using other investment techniques (such as reverse repurchase agreements or dollar rolls). The underlying funds and ETFs in which the Fund invests may, to varying degrees, also invest in derivatives. The Fund may also engage in option writing to generate additional income in the portfolio. As part of the Funds risk management process, the Fund may allocate, without limitation, assets into cash or short-term fixed-income securities, and away from riskier assets such as equity and high yield fixed-income securities. The Fund may engage in active and frequent trading of portfolio securities to achieve its primary investment strategies.
C000050722 Holdings
Top 10 holdings of BlackRock Managed Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| BlackRock Liquidity Funds | 5.30% |
| Societe Generale SA | 1.33% |
| Barclays Bank plc | 1.08% |
| Royal Bank of Canada | 1.07% |
| United States of America | 0.99% |
| iShares J.P. Morgan EM Local Currency Bond ETF | 0.98% |
| BNP Paribas Issuance BV | 0.88% |
| Silver Point CLO 5 Ltd. | 0.57% |
| Nomura Bank International plc | 0.55% |
| Beignet Investor LLC | 0.52% |
C000050722 Portfolio Allocation
Asset-class allocation of BlackRock Managed Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Securitized | 33.3% |
| Fixed Income | 31.0% |
| Equity | 15.8% |
| Other | 8.5% |
| Cash & Equivalents | 6.7% |
| Loans | 6.3% |
| Derivatives | 0.3% |
C000050722 Performance
Total returns for C000050722 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 2.0% |
| 1 year | 5.8% |
| 3 years (annualised) | 7.3% |
| 5 years (annualised) | 3.5% |
C000050722 Risk Information
Risk metrics for C000050722, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.0%
C000050722 Costs and Fees
C000050722 costs about $70 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.70%
- Gross expense ratio: 0.92%
- Portfolio turnover: 106%
- Brokerage commissions: 1.66 bps of average net assets (SEC N-CEN)
C000050722 Cashflows
Over the 12 months to 2026-06, BlackRock Managed Income Fund had net inflows of $75.56M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $1.04M |
| 2026-05 | $1.69M |
| 2026-04 | $2.82M |
| 2026-03 | $1.87M |
| 2026-02 | $5.43M |
| 2026-01 | $7.12M |
C000050722 Debt Constituents
Largest debt holdings of BlackRock Managed Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Beignet Investor LLC | 0.52% |
| Oracle Corp. | 0.26% |
| Pacific Gas & Electric Co. | 0.25% |
| Bank of New York Mellon Corp. (The) | 0.24% |
| Viper Energy Partners LLC | 0.20% |
| Expand Energy Corp. | 0.19% |
| Eli Lilly & Co. | 0.19% |
| Amgen, Inc. | 0.16% |
| Dow Chemical Co. (The) | 0.16% |
| Teva Pharmaceutical Finance Netherlands III BV | 0.15% |
C000050722 Prospectus and SEC Filings
Official BlackRock Managed Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-29
- Prospectus (485BPOS) — filed 2025-04-30
- Prospectus (485BPOS) — filed 2024-04-26
- Portfolio holdings (N-PORT) — filed 2026-08-25
- Portfolio holdings (N-PORT) — filed 2026-07-13
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Annual census (N-CEN) — filed 2026-03-16
- Annual census (N-CEN) — filed 2025-03-14
Related Funds
Other United States Large Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.