BlackRock U.S. Mortgage boasts a seasoned and well-resourced team, but its opportunity set is narrow relative to multi-sector bond Morningstar Category peers. The strategy’s cheapest share class earns a Morningstar Analyst Rating of Bronze, while its pricier share classes are rated Neutral.
Will MSUMX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MSUMX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the MSUMX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of MSUMX’s parent organization’s priorities and whether they’re in line with investors’ interests.