CCBBX

About CCBBX

BlackRock Core Bond Portfolio Class K is an open-end mutual fund focused on delivering broad exposure to the U.S. investment-grade fixed income market. The fund primarily invests in a diversified portfolio of bonds, including U.S. government, corporate, and securitized debt securities, with at least 80% of its assets allocated to bonds. Its strategy centers on intermediate-term securities, maintaining an average portfolio duration within ±20% of its benchmark, typically aligning interest rate sensitivity with core fixed income indices. The majority of holdings are investment-grade, and less than 5% of assets are exposed to below-investment-grade credit, ensuring a moderate level of credit and interest rate risk. Featuring over 2,700 individual securities, the portfolio’s largest exposures include U.S. Treasury securities, mortgage-backed securities, and high-quality corporates. Designed for institutional investors, the fund operates with a relatively low expense ratio and emphasizes diversification and income generation, making it a core holding in many fixed income allocations. BlackRock’s management team employs disciplined risk management and fundamental analysis, positioning this fund as a key vehicle for investors seeking stable income and capital preservation in the broader U.S. bond market.