Long-Term Bond

Summary

The investment seeks to provide investment results that correspond to the total return performance of fixed-income securities, in aggregate, as represented by the Bloomberg U.S. Long Credit Bond Index.
Fund Assets (millions) $2,423.3
Portfolio Managers 3
Fund Inception May 20, 2022
Gross Expense Ratio 0.12%
Fund Family BlackRock
Prospectus (PDF)

Returns at NAV

Returns at MOP

Asset Mix

U.S. Stocks 0.00%
Non-U.S. Stocks 0.00%
U.S. Bonds 83.45%
Non-U.S. Bonds 16.06%
Convertible 0.00%
Preferred 0.01%
Other 0.00%
Cash 0.47%
As of 11/30/2025
Read important information about results and other investment disclosures
This chart tracks a hypothetical investment, with dividends reinvested, shown from the share class inception date through November 30, 2025
BLCBX
Bloomberg US Agg Bond TR USD

Market Capitalization

$0.0 Mil
Average


As of 11/30/2025

Morningstar Style BoxTM— Fixed-Income

No data is available at this time.

Investment Strategy

Under normal circumstances, at least 90% of the value of the fund’s assets, plus the amount of any borrowings for investment purposes, is invested in securities comprising the index, which, for the fund, are considered bonds. The index is a capitalization-weighted index that measures the investment grade, U.S. dollar-denominated, fixed-rate, taxable corporate and government-related bond markets with a maturity greater than ten years.

Fund Facts

Fund Inception May 20, 2022
Fund Assets (Millions) $2,423.3
Dividend Distribution Frequency Monthly
Minimum Investment $0
Capital Gains Distribution Frequency Annually
Turnover 13%
Fiscal Year-End Oct
Prospectus Date Feb 28, 2025

Returns

Month-End Returns as of 11/30/25

Returns at NAV
| at MOP
Read important information about results and other investment disclosures
BLCBX
Bloomberg US Agg Bond TR USD
ANNUAL RETURNS CHART

Quarter-End Returns as of 9/30/25

Yield & Valuation

12-Month Distribution Rates (NAV)
--
30-Day SEC Yield (Gross | Net) -- | --
Price/Book --
Price/Cash Flow --
Price/Earnings --
As of --

Portfolio Management

Read important investment disclosures
Years of Experience With Fund
James Mauro 3 yrs
Jonathan Graves 0 yrs
Marcus Tom 0 yrs
As of 11/30/2025

Ratings & Risk

Morningstar Rating TM


Overall Morningstar RatingTM
Funds rated(41)
3-yr. Morningstar RatingTM
(41 funds rated)
5-yr. Morningstar RatingTM
(-- funds rated) 		--
10-yr. Morningstar RatingTM
(-- funds rated) 		--
Overall Morningstar Risk Average
HIGH
LOW
Morningstar Category
Long-Term Bond
ADVANTAGES AND DISADVANTAGES OF MORNINGSTAR RATINGS
Ratings are based on risk-adjusted returns as of 11/30/2025.

Risk Measures

Fund
Standard Deviation
12.46
Sharpe Ratio
0.09
R-squared
93
Beta
1.98
Capture Ratio (Downside/Upside)
197/166
American Funds and Morningstar Benchmark for the 3 Years Years ending 11/30/25 R-squared, Beta and Capture Ratio calculated using the .

Maturity

1 To 3 Years
0.0%
3 To 5 Years
0.0%
5 To 7 Years
0.0%
7 To 10 Years
0.0%
10 To 15 Years
18.3%
15 To 20 Years
20.8%
20 To 30 Years
52.3%
Over 30 Years
8.7%
Percentage of net assets as of 11/30/2025

Holdings

Equities Breakdown

Sectors
No top sectors data is available at this time.

Bonds Breakdown

Top 10 Holdings

BlackRock Cash Funds Instl SL Agency
0.5%
Anheuser-Busch Companies LLC / Anheuser-Busch ...
0.3%
Meta Platforms Inc
0.3%
CVS Health Corp
0.3%
Pfizer Investment Enterprises Pte Ltd.
0.2%
Meta Platforms Inc
0.2%
Goldman Sachs Group, Inc.
0.2%
Boeing Co.
0.2%
Anheuser-Busch Companies LLC / Anheuser-Busch ...
0.2%
AT&T Inc
0.2%

Percentage of net assets as of 11/30/2025

Geographic Breakdown

Top Countries
United States
83.9%
United Kingdom
3.0%
Canada
2.2%
Mexico
2.1%
Belgium
1.3%
Australia
0.6%
Philippines
0.6%
Chile
0.6%
Panama
0.5%
Japan
0.5%

Percentage of net assets as of 11/30/2025

Fees & Expenses

Fees

Annual Management Fees 0.06%
Service 12b-1 --
Maximum Sales Charge --
As of each fund's most recent prospectus.

Expense Ratio

Gross
BLCBX 0.12%
Morningstar Category: Long-Term Bond 0.90%
Fund as of most recent prospectus. Morningstar Category as of 11/30/25.