Turnover tempers conviction in the BlackRock Total Factor team’s ability to execute on a leading research agenda. That holds all the share classes at a Morningstar Analyst Rating of Neutral for this relatively cheap alternative strategy.
BlackRock Total Factor Inst BSTIX
NAV / 1-Day Return
8.56
/
0.00
Total Assets
218.7 Mil
Adj. Expense Ratio
0.560%
Expense Ratio
0.560%
Fee Level
Low
Longest Manager Tenure
9.64
years
Category
Multistrategy
Alt Style Correlation / Relative Volatility
Low / MediumMin. Initial Investment
2,000,000
Status
Open
TTM Yield
4.29%
Turnover
49%
Morningstar’s Fund Analysis BSTIX
Will BSTIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable BSTIX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the BSTIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of BSTIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Team changes keep this strategy at Neutral.
