CLDBX

About CLDBX

BlackRock Low Duration Bond Fund Class K is a short‑term bond mutual fund designed to provide income with limited interest rate sensitivity. It invests predominantly in investment‑grade debt while keeping the portfolio’s average duration between 0 and 3 years to help moderate price volatility from rate moves. The strategy normally allocates at least 80% of assets to debt securities and has the flexibility to invest up to 35% in below‑investment‑grade bonds and up to 35% in foreign issuers, including a smaller allowance for emerging markets exposure. The portfolio emphasizes high‑quality short‑dated government and corporate bonds, reflected in an effective duration of roughly two years and a yield profile aligned with short‑term fixed income markets. Managed within BlackRock’s global fixed income platform, the fund seeks consistent income generation and capital preservation across rate cycles, with monthly distributions and institutional share class pricing. Its role in the market is to serve as a core low‑duration holding for investors aiming to temper interest rate risk while maintaining diversified exposure across sectors and issuers within the short‑term bond category.