BlackRock Total Return K
MPHQX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- WILMINGTON DE 19809 Wilmington DE United States of America 19809
- IPO Date
- Dec 7, 2001
- CIK
- 0001428543
- Website
- blackrock.com
- Similar Companies
- Business
- BlackRock Total Return Fund (Class K) (MPHQX) is an open-end mutual fund managed by BlackRock Advisors LLC that seeks a high level of total return consisting of current income and capital appreciation by investing primarily in a diversified portfolio of investment grade fixed income securities of any maturity. The fund normally invests at least 80% of its assets in fixed income securities, such as U.S. Treasury securities, agency residential mortgages (including Uniform MBS and holdings from Federal National Mortgage Association, Federal Home Loan Mortgage Corporation, and Government National Mortgage Association II), U.S. investment grade credit, non-agency mortgages, U.S. high yield credit, commercial mortgages, collateralized loan obligations (CLOs), emerging markets debt, asset-backed securities (ABS), and bank loans; it may also engage in derivatives transactions, short-selling, and use leverage to enhance returns or hedge risks. The portfolio holds approximately 3,870 issuers with an effective duration of 6.01 years, weighted average life of 8.72 years, and a 30-day SEC yield of 4.78% as of June 30, 2025, benchmarked against the Bloomberg U.S. Aggregate Bond Index. Launched on October 31, 1980, with the Class K shares (MPHQX) introduced on December 7, 2001, the fund is part of BlackRock's intermediate core-plus bond category and operates from BlackRock's headquarters at 55 East 52nd Street, New York, NY, with global reach serving clients primarily in the United States. BlackRock, Inc., the parent company founded in 1988, manages the fund as the world's largest asset manager with approximately $12.5 trillion in assets under management as of 2025; the Total Return Fund itself has total net assets of $18.69 billion, with the Class K share class at about $6.89 billion and a net expense ratio of 0.38%. Portfolio management is led by Rick Rieder (Chief Investment Officer of Global Fixed Income, since 2010), alongside Chi Chen (since 2022), and recent additions Sam Summers, Siddharth Mehta, and Russell Brownback (all since September 16, 2025), reflecting a strategic enhancement in the fixed income team to source ideas across BlackRock's global bond platform. The fund received a Morningstar Gold medalist rating effective November 19, 2024, recognizing its strong risk-adjusted performance potential across bond market scenarios, with top holdings including U.S. Treasuries (14.72%) and agency MBS comprising 46.45% of the portfolio as of mid-2025. No major acquisitions, funding rounds, partnerships, or product launches specific to this fund have been reported in the last 1-2 years, maintaining its focus as a core diversified bond strategy amid fluctuating interest rates.