BlackRock Income Fund
Data updated: 2026-08-25
C000202257 — BlackRock Income Fund. Intermediate Total / Aggregate Bond · $1.26B AUM · 1.64% expense ratio. Holdings, fees, performance and SEC filings.
C000202257 Fund Overview
BlackRock Income Fund is a US mutual fund managed by BlackRock Funds V, categorised as Intermediate Total / Aggregate Bond. 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 V
- Category: Intermediate Total / Aggregate Bond
- Assets under management: $1.26B
- 1-year return: 3.7%
- SEC CIK: 0001738078
- SEC series ID: S000062356
- Share class ID: C000202257
C000202257 Investment Objective and Strategy
BlackRock Income Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by BlackRock Funds V.
Investment objective
The investment objective of the BlackRock Credit Strategies Income Fund (the “Fund”) is to seek to provide high current income,
Principal investment strategy
Under normal market conditions, the Fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in fixed-income securities. The Fund may invest without limit in fixed-income securities across several investment sectors, including, but not limited to: fixed-income securities rated below investment grade, investment grade corporate bonds, fixed-income securities issued by governmental entities (including supranational entities), their agencies and instrumentalities, mezzanine investments, collateralized loan obligations, bank loans, mortgage-related and asset-backed securities and other fixed and floating or variable rate obligations. The Fund may invest in such fixed-income securities of issuers located in the United States and non-U.S. countries, including emerging market countries.
The Fund is not required to invest in each investment sector at all times, and its investment in each investment sector may vary over time. The Fund may invest in instruments of any credit quality without limitation, including instruments rated below investment grade, which are commonly referred to as junk bonds. The Fund may invest in fixed-income securities of any duration or maturity. The Fund may also invest in companies whose financial condition is uncertain, where the borrower has defaulted in the payment of interest or principal or in the performance of its covenants or agreements, or that may be involved in bankruptcy proceedings, reorganizations or financial restructurings. The Fund may use a variety of portfolio strategies to hedge its portfolio against interest rate and currency risk, or to seek to enhance its return.
These strategies include the use of derivatives, such as options on portfolio positions or currencies, financial and currency futures and options on these futures, forward foreign currency transactions, indexed and inverse securities (which are securities that provide a potential return based on a particular index of value or interest rates), interest rate swaps, credit default swaps and total return swaps. Derivatives are financial instruments whose value is derived from another security or an index. The Fund may engage in active and frequent trading of portfolio securities to achieve its primary investment strategies.
C000202257 Holdings
Top 10 holdings of BlackRock Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Federal National Mortgage Association or Federal Home Loan Mortgage Corp. | 7.48% |
| Federal National Mortgage Association or Federal Home Loan Mortgage Corp. | 7.40% |
| United States of America | 5.55% |
| VanEck JPMorgan EM Local Currency Bond ETF | 2.93% |
| BlackRock Liquidity Funds | 1.72% |
| United States of America | 1.59% |
| Beignet Investor LLC | 1.56% |
| Oracle Corp. | 1.38% |
| iShares Trust | 1.25% |
| BlackRock ETF Trust II | 1.24% |
C000202257 Portfolio Allocation
Asset-class allocation of BlackRock Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Securitized | 44.1% |
| Fixed Income | 43.0% |
| Loans | 11.7% |
| Cash & Equivalents | 9.0% |
| Other | 6.2% |
| Equity | 0.1% |
| Derivatives | 0.1% |
C000202257 Performance
Total returns for C000202257 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.3% |
| 1 year | 3.7% |
| 3 years (annualised) | 6.0% |
| 5 years (annualised) | 1.3% |
C000202257 Risk Information
Risk metrics for C000202257, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 2.4%
C000202257 Costs and Fees
C000202257 costs about $164 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.64%
- Gross expense ratio: 1.74%
- Portfolio turnover: 403%
- Brokerage commissions: 1.89 bps of average net assets (SEC N-CEN)
C000202257 Cashflows
Over the 12 months to 2026-06, BlackRock Income Fund had net inflows of $64.57M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $3.26M |
| 2026-05 | $586.74K |
| 2026-04 | −$6.20M |
| 2026-03 | $1.89M |
| 2026-02 | $5.27M |
| 2026-01 | −$14.52M |
C000202257 Debt Constituents
Largest debt holdings of BlackRock Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Beignet Investor LLC | 1.56% |
| Oracle Corp. | 1.38% |
| Eagle Funding Luxco SARL | 1.10% |
| BAT Capital Corp. | 0.97% |
| Space Exploration Technologies Corp. | 0.93% |
| Blackstone Secured Lending Fund | 0.93% |
| Bank of America Corp. | 0.87% |
| Bank of America Corp. | 0.80% |
| Golub Capital Private Credit Fund | 0.73% |
| Global Payments, Inc. | 0.69% |
C000202257 Prospectus and SEC Filings
Official BlackRock Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-01-27
- Prospectus (485BPOS) — filed 2025-01-27
- Prospectus (485BPOS) — filed 2024-01-25
- Portfolio holdings (N-PORT) — filed 2026-08-25
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-25
- Annual census (N-CEN) — filed 2025-12-12
- Annual census (N-CEN) — filed 2024-12-10
Related Funds
Other Intermediate Total / Aggregate Bond 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.