BlackRock Impact Mortgage Fund Class A is a mutual fund focused on investing in mortgage-backed and related securities with an emphasis on generating positive social and environmental impacts. Its primary purpose is to maximize total return while providing income, accomplished by allocating at least 80% of its net assets to mortgage-backed securities issued or guaranteed by the U.S. government and its agencies. This approach generally results in a high credit quality portfolio, designed to minimize credit risk typical of government-backed debt instruments. The fund is positioned within the intermediate government category, exhibiting an effective portfolio duration around 5.5 years, which balances interest rate sensitivity with income generation. It distributes dividends monthly, with a current yield in the mid-3% range. The fund's largest holdings are securities from the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation, which together represent a substantial portion of its assets. Since its inception in 1992, the fund has aimed to offer conservative long-term returns by providing exposure to high-quality U.S. mortgage-backed assets, catering to investors seeking stable income and modest capital appreciation through government-backed fixed income investments with an added impact focus.
See your Portfolio Score and get data driven insights in ~60 seconds.
Opens in PortfolioPilot
Based on technical indicators and chart patterns, CIGAX shows...
Market sentiment analysis indicates...