BlackRock Short Obligations Fund
Institutional Shares | BISOX
Annual Shareholder Report — July 31, 2024
This annual shareholder report contains important information about BlackRock Short Obligations Fund (the “Fund”) for the period of August 1, 2023 to July 31, 2024.You can find additional information about the Fund at blackrock.com/fundreports. You can also request this information by contacting us at (800) 441-7762.
What were the Fund costs for the last year?
(based on a hypothetical $10,000 investment)
Class name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
---|---|---|
Institutional Shares | $28 | 0.27% |
How did the Fund perform last year?
Although inflation came down over the course of the annual period, it remained above the U.S. Federal Reserve’s (the “Fed”) stated 2% target.
The Fed responded by keeping short-term interest rates in a range of 5.25% to 5.50%.
The central bank’s decision to keep rates elevated translated to attractive yields on short-term debt.
What contributed to performance?
During the reporting period, the Fund’s duration and yield curve positioning contributed positively. The Fund’s sector allocations were also a source of positive contribution.
What detracted from performance?
At a time of positive returns for the broader asset class, no aspect of the Fund's positioning was a significant detractor.
The views expressed reflect the opinions of BlackRock as of the date of this report and are subject to change based on changes in market, economic or other conditions. These views are not intended to be a forecast of future events and are no guarantee of future results.
Fund performance
Cumulative performance: August 1, 2014 through July 31, 2024
Initial investment of $10,000
Institutional Shares | Bloomberg U.S. Aggregate Bond Index | ICE BofA 6-Month U.S. Treasury Bill Index | |
---|---|---|---|
Aug 14 | 10,004 | 10,110 | 10,002 |
Sep 14 | 10,008 | 10,042 | 10,003 |
Oct 14 | 10,012 | 10,140 | 10,003 |
Nov 14 | 10,016 | 10,212 | 10,003 |
Dec 14 | 10,011 | 10,222 | 10,005 |
Jan 15 | 10,025 | 10,436 | 10,008 |
Feb 15 | 10,020 | 10,338 | 10,009 |
Mar 15 | 10,024 | 10,386 | 10,009 |
Apr 15 | 10,029 | 10,349 | 10,013 |
May 15 | 10,035 | 10,324 | 10,014 |
Jun 15 | 10,040 | 10,211 | 10,016 |
Jul 15 | 10,045 | 10,282 | 10,015 |
Aug 15 | 10,050 | 10,268 | 10,016 |
Sep 15 | 10,055 | 10,337 | 10,026 |
Oct 15 | 10,059 | 10,339 | 10,023 |
Nov 15 | 10,065 | 10,311 | 10,022 |
Dec 15 | 10,061 | 10,278 | 10,027 |
Jan 16 | 10,067 | 10,420 | 10,035 |
Feb 16 | 10,074 | 10,494 | 10,039 |
Mar 16 | 10,103 | 10,590 | 10,048 |
Apr 16 | 10,110 | 10,630 | 10,055 |
May 16 | 10,118 | 10,633 | 10,056 |
Jun 16 | 10,125 | 10,824 | 10,068 |
Jul 16 | 10,143 | 10,893 | 10,071 |
Aug 16 | 10,152 | 10,880 | 10,072 |
Sep 16 | 10,160 | 10,874 | 10,081 |
Oct 16 | 10,169 | 10,791 | 10,087 |
Nov 16 | 10,178 | 10,535 | 10,089 |
Dec 16 | 10,192 | 10,550 | 10,094 |
Jan 17 | 10,201 | 10,571 | 10,102 |
Feb 17 | 10,221 | 10,642 | 10,107 |
Mar 17 | 10,221 | 10,636 | 10,107 |
Apr 17 | 10,232 | 10,719 | 10,115 |
May 17 | 10,253 | 10,801 | 10,121 |
Jun 17 | 10,264 | 10,790 | 10,131 |
Jul 17 | 10,275 | 10,837 | 10,141 |
Aug 17 | 10,286 | 10,934 | 10,155 |
Sep 17 | 10,297 | 10,882 | 10,162 |
Oct 17 | 10,299 | 10,888 | 10,172 |
Nov 17 | 10,311 | 10,874 | 10,180 |
Dec 17 | 10,316 | 10,924 | 10,191 |
Jan 18 | 10,319 | 10,798 | 10,202 |
Feb 18 | 10,333 | 10,696 | 10,208 |
Mar 18 | 10,338 | 10,764 | 10,223 |
Apr 18 | 10,354 | 10,684 | 10,238 |
May 18 | 10,383 | 10,761 | 10,255 |
Jun 18 | 10,392 | 10,747 | 10,272 |
Jul 18 | 10,412 | 10,750 | 10,289 |
Aug 18 | 10,443 | 10,819 | 10,309 |
Sep 18 | 10,463 | 10,749 | 10,323 |
Oct 18 | 10,475 | 10,664 | 10,342 |
Nov 18 | 10,497 | 10,728 | 10,363 |
Dec 18 | 10,513 | 10,925 | 10,386 |
Jan 19 | 10,559 | 11,041 | 10,410 |
Feb 19 | 10,581 | 11,035 | 10,429 |
Mar 19 | 10,617 | 11,247 | 10,454 |
Apr 19 | 10,630 | 11,250 | 10,476 |
May 19 | 10,664 | 11,449 | 10,501 |
Jun 19 | 10,698 | 11,593 | 10,530 |
Jul 19 | 10,720 | 11,619 | 10,550 |
Aug 19 | 10,753 | 11,920 | 10,578 |
Sep 19 | 10,773 | 11,856 | 10,596 |
Oct 19 | 10,793 | 11,892 | 10,623 |
Nov 19 | 10,811 | 11,886 | 10,635 |
Dec 19 | 10,829 | 11,878 | 10,653 |
Jan 20 | 10,858 | 12,106 | 10,669 |
Feb 20 | 10,874 | 12,324 | 10,697 |
Mar 20 | 10,782 | 12,251 | 10,752 |
Apr 20 | 10,882 | 12,469 | 10,753 |
May 20 | 10,926 | 12,527 | 10,750 |
Jun 20 | 10,946 | 12,606 | 10,752 |
Jul 20 | 10,965 | 12,795 | 10,756 |
Aug 20 | 10,971 | 12,691 | 10,757 |
Sep 20 | 10,966 | 12,684 | 10,759 |
Oct 20 | 10,971 | 12,628 | 10,761 |
Nov 20 | 10,975 | 12,752 | 10,763 |
Dec 20 | 10,979 | 12,769 | 10,764 |
Jan 21 | 10,982 | 12,678 | 10,765 |
Feb 21 | 10,985 | 12,495 | 10,767 |
Mar 21 | 10,977 | 12,338 | 10,769 |
Apr 21 | 10,979 | 12,436 | 10,770 |
May 21 | 10,993 | 12,477 | 10,771 |
Jun 21 | 10,985 | 12,564 | 10,770 |
Jul 21 | 10,987 | 12,705 | 10,771 |
Aug 21 | 10,989 | 12,681 | 10,772 |
Sep 21 | 10,992 | 12,571 | 10,773 |
Oct 21 | 10,983 | 12,567 | 10,773 |
Nov 21 | 10,974 | 12,604 | 10,773 |
Dec 21 | 10,977 | 12,572 | 10,774 |
Jan 22 | 10,958 | 12,301 | 10,768 |
Feb 22 | 10,949 | 12,164 | 10,767 |
Mar 22 | 10,909 | 11,826 | 10,764 |
Apr 22 | 10,902 | 11,377 | 10,767 |
May 22 | 10,920 | 11,451 | 10,780 |
Jun 22 | 10,896 | 11,271 | 10,772 |
Jul 22 | 10,931 | 11,547 | 10,782 |
Aug 22 | 10,947 | 11,220 | 10,797 |
Sep 22 | 10,933 | 10,735 | 10,814 |
Oct 22 | 10,956 | 10,596 | 10,832 |
Nov 22 | 11,004 | 10,986 | 10,871 |
Dec 22 | 11,046 | 10,937 | 10,918 |
Jan 23 | 11,113 | 11,273 | 10,955 |
Feb 23 | 11,135 | 10,982 | 10,986 |
Mar 23 | 11,171 | 11,260 | 11,045 |
Apr 23 | 11,230 | 11,329 | 11,083 |
May 23 | 11,270 | 11,205 | 11,110 |
Jun 23 | 11,298 | 11,165 | 11,163 |
Jul 23 | 11,363 | 11,158 | 11,209 |
Aug 23 | 11,419 | 11,086 | 11,260 |
Sep 23 | 11,452 | 10,805 | 11,310 |
Oct 23 | 11,511 | 10,634 | 11,361 |
Nov 23 | 11,581 | 11,116 | 11,420 |
Dec 23 | 11,654 | 11,541 | 11,479 |
Jan 24 | 11,704 | 11,510 | 11,529 |
Feb 24 | 11,739 | 11,347 | 11,570 |
Mar 24 | 11,789 | 11,452 | 11,621 |
Apr 24 | 11,838 | 11,162 | 11,668 |
May 24 | 11,888 | 11,352 | 11,723 |
Jun 24 | 11,949 | 11,459 | 11,772 |
Jul 24 | 12,023 | 11,727 | 11,832 |
See “Average annual total returns” for additional information on fund performance.
Average annual total returns
Average Annual Total Returns | 1 Year | 5 Years | 10 Years |
---|---|---|---|
Institutional Shares ........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 5.80% | 2.32% | 1.86% |
Bloomberg U.S. Aggregate Bond Index........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 5.10 | 0.19 | 1.61 |
ICE BofA 6-Month U.S. Treasury Bill Index........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 5.58 | 2.32 | 1.70 |
Key Fund statistics
Net Assets........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $1,133,264,082 |
Number of Portfolio Holdings........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 239 |
Net Investment Advisory Fees........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $1,584,361 |
Portfolio Turnover Rate........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 34% |
The Fund has added the Bloomberg U.S. Aggregate Bond Index in response to new regulatory requirements.
On December 1, 2023, the Fund began to compare its performance to the standard pricing time of the ICE BofA 6-Month U.S. Treasury Bill Index (the “Index”). Index data prior to March 1, 2021 is for the Index’s standard pricing time of 3pm. Index data from March 1, 2021 through November 30, 2023 is for a custom 4pm pricing variant of the Index. Index returns beginning on December 1, 2023 reflect the Index’s new standard pricing time of 4pm. The change of the Index’s standard pricing time from 3pm to 4pm resulted in the discontinuation of the custom 4pm pricing variant used from March 1, 2021 through November 30, 2023.
Past performance is not an indication of future results. Performance results may include adjustments made for financial reporting purposes in accordance with U.S. generally accepted accounting principles. Performance results do not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption or sale of fund shares. Visit blackrock.com for more recent performance information.
What did the Fund invest in?
(as of July 31, 2024)
Portfolio composition
Maturity allocation
Investment Type | Percent of Net Assets |
---|---|
Corporate Bonds........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 37.0% |
Asset-Backed Securities........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 5.5 |
U.S. Treasury Obligations........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 1.6 |
Municipal Bonds........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 0.3 |
Foreign Agency Obligations........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 0.2 |
Short-Term Securities........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 56.0 |
Liabilities in Excess of Other Assets........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | (0.6) |
Percent of Net Assets | |
---|---|
1-7 days........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 7.5% |
8-14 days........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 6.1 |
15-30 days........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 3.9 |
31-60 days........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 8.5 |
61-90 days........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 10.6 |
91-120 days........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 10.2 |
121-150 days........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 1.5 |
>150 days........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 51.7 |
Additional information
If you wish to view additional information about the Fund, including but not limited to financial statements, the Fund’s prospectus, and proxy voting policies and procedures, please visit blackrock.com/fundreports. For proxy voting records, visit blackrock.com/proxyrecords.
Householding
The Fund will mail only one copy of shareholder documents, including prospectuses, annual and semi-annual reports and proxy statements, to shareholders with multiple accounts at the same address. This practice is commonly called “householding” and is intended to reduce expenses and eliminate duplicate mailings of shareholder documents. Mailings of your shareholder documents may be householded indefinitely unless you instruct us otherwise. If you do not want the mailing of these documents to be combined with those for other members of your household, please call the Fund at (800) 441-7762.
The Fund is not sponsored, endorsed, issued, sold, or promoted by Bloomberg Index Services Limited, ICE Data Indices, LLC, and their respective affiliates, nor do these companies make any representation regarding the advisability of investing in the Fund. BlackRock is not affiliated with the companies listed above.
© 2024 BlackRock, Inc. or its affiliates. All rights reserved. BLACKROCK is a registered trademark of BlackRock, Inc. or its affiliates. All other trademarks are those of their respective owners.
BlackRock Short Obligations Fund
Institutional Shares | BISOX
Annual Shareholder Report — July 31, 2024
BISOX-07/24-AR
BlackRock Short Obligations Fund
Investor A Shares | BASOX
Annual Shareholder Report — July 31, 2024
This annual shareholder report contains important information about BlackRock Short Obligations Fund (the “Fund”) for the period of August 1, 2023 to July 31, 2024.You can find additional information about the Fund at blackrock.com/fundreports. You can also request this information by contacting us at (800) 441-7762.
What were the Fund costs for the last year?
(based on a hypothetical $10,000 investment)
Class name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
---|---|---|
Investor A Shares | $52 | 0.50% |
How did the Fund perform last year?
Although inflation came down over the course of the annual period, it remained above the U.S. Federal Reserve’s (the “Fed”) stated 2% target.
The Fed responded by keeping short-term interest rates in a range of 5.25% to 5.50%.
The central bank’s decision to keep rates elevated translated to attractive yields on short-term debt.
What contributed to performance?
During the reporting period, the Fund’s duration and yield curve positioning contributed positively. The Fund’s sector allocations were also a source of positive contribution.
What detracted from performance?
At a time of positive returns for the broader asset class, no aspect of the Fund's positioning was a significant detractor.
The views expressed reflect the opinions of BlackRock as of the date of this report and are subject to change based on changes in market, economic or other conditions. These views are not intended to be a forecast of future events and are no guarantee of future results.
Fund performance
Cumulative performance: August 1, 2014 through July 31, 2024
Initial investment of $10,000
Investor A Shares | Bloomberg U.S. Aggregate Bond Index | ICE BofA 6-Month U.S. Treasury Bill Index | |
---|---|---|---|
Aug 14 | 10,001 | 10,110 | 10,002 |
Sep 14 | 9,993 | 10,042 | 10,003 |
Oct 14 | 9,994 | 10,140 | 10,003 |
Nov 14 | 9,996 | 10,212 | 10,003 |
Dec 14 | 9,997 | 10,222 | 10,005 |
Jan 15 | 9,999 | 10,436 | 10,008 |
Feb 15 | 10,001 | 10,338 | 10,009 |
Mar 15 | 10,003 | 10,386 | 10,009 |
Apr 15 | 10,005 | 10,349 | 10,013 |
May 15 | 10,007 | 10,324 | 10,014 |
Jun 15 | 10,010 | 10,211 | 10,016 |
Jul 15 | 10,012 | 10,282 | 10,015 |
Aug 15 | 10,004 | 10,268 | 10,016 |
Sep 15 | 10,016 | 10,337 | 10,026 |
Oct 15 | 10,018 | 10,339 | 10,023 |
Nov 15 | 10,021 | 10,311 | 10,022 |
Dec 15 | 10,014 | 10,278 | 10,027 |
Jan 16 | 10,018 | 10,420 | 10,035 |
Feb 16 | 10,022 | 10,494 | 10,039 |
Mar 16 | 10,047 | 10,590 | 10,048 |
Apr 16 | 10,052 | 10,630 | 10,055 |
May 16 | 10,057 | 10,633 | 10,056 |
Jun 16 | 10,072 | 10,824 | 10,068 |
Jul 16 | 10,077 | 10,893 | 10,071 |
Aug 16 | 10,083 | 10,880 | 10,072 |
Sep 16 | 10,089 | 10,874 | 10,081 |
Oct 16 | 10,105 | 10,791 | 10,087 |
Nov 16 | 10,112 | 10,535 | 10,089 |
Dec 16 | 10,112 | 10,550 | 10,094 |
Jan 17 | 10,119 | 10,571 | 10,102 |
Feb 17 | 10,136 | 10,642 | 10,107 |
Mar 17 | 10,144 | 10,636 | 10,107 |
Apr 17 | 10,152 | 10,719 | 10,115 |
May 17 | 10,161 | 10,801 | 10,121 |
Jun 17 | 10,169 | 10,790 | 10,131 |
Jul 17 | 10,178 | 10,837 | 10,141 |
Aug 17 | 10,187 | 10,934 | 10,155 |
Sep 17 | 10,196 | 10,882 | 10,162 |
Oct 17 | 10,205 | 10,888 | 10,172 |
Nov 17 | 10,215 | 10,874 | 10,180 |
Dec 17 | 10,218 | 10,924 | 10,191 |
Jan 18 | 10,219 | 10,798 | 10,202 |
Feb 18 | 10,220 | 10,696 | 10,208 |
Mar 18 | 10,233 | 10,764 | 10,223 |
Apr 18 | 10,248 | 10,684 | 10,238 |
May 18 | 10,264 | 10,761 | 10,255 |
Jun 18 | 10,281 | 10,747 | 10,272 |
Jul 18 | 10,298 | 10,750 | 10,289 |
Aug 18 | 10,317 | 10,819 | 10,309 |
Sep 18 | 10,335 | 10,749 | 10,323 |
Oct 18 | 10,354 | 10,664 | 10,342 |
Nov 18 | 10,363 | 10,728 | 10,363 |
Dec 18 | 10,388 | 10,925 | 10,386 |
Jan 19 | 10,421 | 11,041 | 10,410 |
Feb 19 | 10,442 | 11,035 | 10,429 |
Mar 19 | 10,475 | 11,247 | 10,454 |
Apr 19 | 10,496 | 11,250 | 10,476 |
May 19 | 10,529 | 11,449 | 10,501 |
Jun 19 | 10,560 | 11,593 | 10,530 |
Jul 19 | 10,570 | 11,619 | 10,550 |
Aug 19 | 10,600 | 11,920 | 10,578 |
Sep 19 | 10,618 | 11,856 | 10,596 |
Oct 19 | 10,647 | 11,892 | 10,623 |
Nov 19 | 10,652 | 11,886 | 10,635 |
Dec 19 | 10,669 | 11,878 | 10,653 |
Jan 20 | 10,695 | 12,106 | 10,669 |
Feb 20 | 10,720 | 12,324 | 10,697 |
Mar 20 | 10,628 | 12,251 | 10,752 |
Apr 20 | 10,725 | 12,469 | 10,753 |
May 20 | 10,766 | 12,527 | 10,750 |
Jun 20 | 10,784 | 12,606 | 10,752 |
Jul 20 | 10,790 | 12,795 | 10,756 |
Aug 20 | 10,794 | 12,691 | 10,757 |
Sep 20 | 10,797 | 12,684 | 10,759 |
Oct 20 | 10,800 | 12,628 | 10,761 |
Nov 20 | 10,791 | 12,752 | 10,763 |
Dec 20 | 10,792 | 12,769 | 10,764 |
Jan 21 | 10,794 | 12,678 | 10,765 |
Feb 21 | 10,794 | 12,495 | 10,767 |
Mar 21 | 10,795 | 12,338 | 10,769 |
Apr 21 | 10,796 | 12,436 | 10,770 |
May 21 | 10,796 | 12,477 | 10,771 |
Jun 21 | 10,796 | 12,564 | 10,770 |
Jul 21 | 10,797 | 12,705 | 10,771 |
Aug 21 | 10,797 | 12,681 | 10,772 |
Sep 21 | 10,786 | 12,571 | 10,773 |
Oct 21 | 10,776 | 12,567 | 10,773 |
Nov 21 | 10,776 | 12,604 | 10,773 |
Dec 21 | 10,765 | 12,572 | 10,774 |
Jan 22 | 10,755 | 12,301 | 10,768 |
Feb 22 | 10,734 | 12,164 | 10,767 |
Mar 22 | 10,703 | 11,826 | 10,764 |
Apr 22 | 10,694 | 11,377 | 10,767 |
May 22 | 10,710 | 11,451 | 10,780 |
Jun 22 | 10,684 | 11,271 | 10,772 |
Jul 22 | 10,705 | 11,547 | 10,782 |
Aug 22 | 10,719 | 11,220 | 10,797 |
Sep 22 | 10,714 | 10,735 | 10,814 |
Oct 22 | 10,724 | 10,596 | 10,832 |
Nov 22 | 10,769 | 10,986 | 10,871 |
Dec 22 | 10,819 | 10,937 | 10,918 |
Jan 23 | 10,872 | 11,273 | 10,955 |
Feb 23 | 10,891 | 10,982 | 10,986 |
Mar 23 | 10,935 | 11,260 | 11,045 |
Apr 23 | 10,980 | 11,329 | 11,083 |
May 23 | 11,017 | 11,205 | 11,110 |
Jun 23 | 11,054 | 11,165 | 11,163 |
Jul 23 | 11,104 | 11,158 | 11,209 |
Aug 23 | 11,156 | 11,086 | 11,260 |
Sep 23 | 11,197 | 10,805 | 11,310 |
Oct 23 | 11,241 | 10,634 | 11,361 |
Nov 23 | 11,308 | 11,116 | 11,420 |
Dec 23 | 11,377 | 11,541 | 11,479 |
Jan 24 | 11,435 | 11,510 | 11,529 |
Feb 24 | 11,467 | 11,347 | 11,570 |
Mar 24 | 11,514 | 11,452 | 11,621 |
Apr 24 | 11,548 | 11,162 | 11,668 |
May 24 | 11,606 | 11,352 | 11,723 |
Jun 24 | 11,652 | 11,459 | 11,772 |
Jul 24 | 11,722 | 11,727 | 11,832 |
See “Average annual total returns” for additional information on fund performance.
Average annual total returns
Average Annual Total Returns | 1 Year | 5 Years | 10 Years |
---|---|---|---|
Investor A Shares ........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 5.56% | 2.09% | 1.60% |
Bloomberg U.S. Aggregate Bond Index........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 5.10 | 0.19 | 1.61 |
ICE BofA 6-Month U.S. Treasury Bill Index........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 5.58 | 2.32 | 1.70 |
Key Fund statistics
Net Assets........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $1,133,264,082 |
Number of Portfolio Holdings........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 239 |
Net Investment Advisory Fees........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $1,584,361 |
Portfolio Turnover Rate........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 34% |
Average annual total returns reflect reductions for service fees.
The Fund has added the Bloomberg U.S. Aggregate Bond Index in response to new regulatory requirements.
Performance shown prior to the Investor A Shares inception date of March 9, 2018 is that of Class K Shares (which have no distribution or service fees) and was restated to reflect Investor A Shares fees.
On December 1, 2023, the Fund began to compare its performance to the standard pricing time of the ICE BofA 6-Month U.S. Treasury Bill Index (the “Index”). Index data prior to March 1, 2021 is for the Index’s standard pricing time of 3pm. Index data from March 1, 2021 through November 30, 2023 is for a custom 4pm pricing variant of the Index. Index returns beginning on December 1, 2023 reflect the Index’s new standard pricing time of 4pm. The change of the Index’s standard pricing time from 3pm to 4pm resulted in the discontinuation of the custom 4pm pricing variant used from March 1, 2021 through November 30, 2023.
Past performance is not an indication of future results. Performance results may include adjustments made for financial reporting purposes in accordance with U.S. generally accepted accounting principles. Performance results do not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption or sale of fund shares. Visit blackrock.com for more recent performance information.
What did the Fund invest in?
(as of July 31, 2024)
Portfolio composition
Maturity allocation
Investment Type | Percent of Net Assets |
---|---|
Corporate Bonds........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 37.0% |
Asset-Backed Securities........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 5.5 |
U.S. Treasury Obligations........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 1.6 |
Municipal Bonds........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 0.3 |
Foreign Agency Obligations........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 0.2 |
Short-Term Securities........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 56.0 |
Liabilities in Excess of Other Assets........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | (0.6) |
Percent of Net Assets | |
---|---|
1-7 days........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 7.5% |
8-14 days........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 6.1 |
15-30 days........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 3.9 |
31-60 days........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 8.5 |
61-90 days........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 10.6 |
91-120 days........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 10.2 |
121-150 days........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 1.5 |
>150 days........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 51.7 |
Additional information
If you wish to view additional information about the Fund, including but not limited to financial statements, the Fund’s prospectus, and proxy voting policies and procedures, please visit blackrock.com/fundreports. For proxy voting records, visit blackrock.com/proxyrecords.
Householding
The Fund will mail only one copy of shareholder documents, including prospectuses, annual and semi-annual reports and proxy statements, to shareholders with multiple accounts at the same address. This practice is commonly called “householding” and is intended to reduce expenses and eliminate duplicate mailings of shareholder documents. Mailings of your shareholder documents may be householded indefinitely unless you instruct us otherwise. If you do not want the mailing of these documents to be combined with those for other members of your household, please call the Fund at (800) 441-7762.
The Fund is not sponsored, endorsed, issued, sold, or promoted by Bloomberg Index Services Limited, ICE Data Indices, LLC, and their respective affiliates, nor do these companies make any representation regarding the advisability of investing in the Fund. BlackRock is not affiliated with the companies listed above.
© 2024 BlackRock, Inc. or its affiliates. All rights reserved. BLACKROCK is a registered trademark of BlackRock, Inc. or its affiliates. All other trademarks are those of their respective owners.
BlackRock Short Obligations Fund
Investor A Shares | BASOX
Annual Shareholder Report — July 31, 2024
BASOX-07/24-AR
BlackRock Short Obligations Fund
Class K Shares | BBSOX
Annual Shareholder Report — July 31, 2024
This annual shareholder report contains important information about BlackRock Short Obligations Fund (the “Fund”) for the period of August 1, 2023 to July 31, 2024.You can find additional information about the Fund at blackrock.com/fundreports. You can also request this information by contacting us at (800) 441-7762.
What were the Fund costs for the last year?
(based on a hypothetical $10,000 investment)
Class name | Costs of a $10,000 investment | Costs paid as a percentage of a $10,000 investment |
---|---|---|
Class K Shares | $21 | 0.20% |
How did the Fund perform last year?
Although inflation came down over the course of the annual period, it remained above the U.S. Federal Reserve’s (the “Fed”) stated 2% target.
The Fed responded by keeping short-term interest rates in a range of 5.25% to 5.50%.
The central bank’s decision to keep rates elevated translated to attractive yields on short-term debt.
What contributed to performance?
During the reporting period, the Fund’s duration and yield curve positioning contributed positively. The Fund’s sector allocations were also a source of positive contribution.
What detracted from performance?
At a time of positive returns for the broader asset class, no aspect of the Fund's positioning was a significant detractor.
The views expressed reflect the opinions of BlackRock as of the date of this report and are subject to change based on changes in market, economic or other conditions. These views are not intended to be a forecast of future events and are no guarantee of future results.
Fund performance
Cumulative performance: August 1, 2014 through July 31, 2024
Initial investment of $10,000
Class K Shares | Bloomberg U.S. Aggregate Bond Index | ICE BofA 6-Month U.S. Treasury Bill Index | |
---|---|---|---|
Aug 14 | 10,004 | 10,110 | 10,002 |
Sep 14 | 9,998 | 10,042 | 10,003 |
Oct 14 | 10,003 | 10,140 | 10,003 |
Nov 14 | 10,007 | 10,212 | 10,003 |
Dec 14 | 10,012 | 10,222 | 10,005 |
Jan 15 | 10,017 | 10,436 | 10,008 |
Feb 15 | 10,021 | 10,338 | 10,009 |
Mar 15 | 10,026 | 10,386 | 10,009 |
Apr 15 | 10,031 | 10,349 | 10,013 |
May 15 | 10,036 | 10,324 | 10,014 |
Jun 15 | 10,042 | 10,211 | 10,016 |
Jul 15 | 10,047 | 10,282 | 10,015 |
Aug 15 | 10,042 | 10,268 | 10,016 |
Sep 15 | 10,057 | 10,337 | 10,026 |
Oct 15 | 10,062 | 10,339 | 10,023 |
Nov 15 | 10,068 | 10,311 | 10,022 |
Dec 15 | 10,064 | 10,278 | 10,027 |
Jan 16 | 10,071 | 10,420 | 10,035 |
Feb 16 | 10,078 | 10,494 | 10,039 |
Mar 16 | 10,106 | 10,590 | 10,048 |
Apr 16 | 10,114 | 10,630 | 10,055 |
May 16 | 10,122 | 10,633 | 10,056 |
Jun 16 | 10,140 | 10,824 | 10,068 |
Jul 16 | 10,148 | 10,893 | 10,071 |
Aug 16 | 10,157 | 10,880 | 10,072 |
Sep 16 | 10,166 | 10,874 | 10,081 |
Oct 16 | 10,185 | 10,791 | 10,087 |
Nov 16 | 10,195 | 10,535 | 10,089 |
Dec 16 | 10,198 | 10,550 | 10,094 |
Jan 17 | 10,208 | 10,571 | 10,102 |
Feb 17 | 10,228 | 10,642 | 10,107 |
Mar 17 | 10,240 | 10,636 | 10,107 |
Apr 17 | 10,250 | 10,719 | 10,115 |
May 17 | 10,262 | 10,801 | 10,121 |
Jun 17 | 10,273 | 10,790 | 10,131 |
Jul 17 | 10,285 | 10,837 | 10,141 |
Aug 17 | 10,297 | 10,934 | 10,155 |
Sep 17 | 10,309 | 10,882 | 10,162 |
Oct 17 | 10,322 | 10,888 | 10,172 |
Nov 17 | 10,335 | 10,874 | 10,180 |
Dec 17 | 10,341 | 10,924 | 10,191 |
Jan 18 | 10,346 | 10,798 | 10,202 |
Feb 18 | 10,349 | 10,696 | 10,208 |
Mar 18 | 10,366 | 10,764 | 10,223 |
Apr 18 | 10,383 | 10,684 | 10,238 |
May 18 | 10,412 | 10,761 | 10,255 |
Jun 18 | 10,421 | 10,747 | 10,272 |
Jul 18 | 10,442 | 10,750 | 10,289 |
Aug 18 | 10,473 | 10,819 | 10,309 |
Sep 18 | 10,494 | 10,749 | 10,323 |
Oct 18 | 10,506 | 10,664 | 10,342 |
Nov 18 | 10,528 | 10,728 | 10,363 |
Dec 18 | 10,545 | 10,925 | 10,386 |
Jan 19 | 10,591 | 11,041 | 10,410 |
Feb 19 | 10,615 | 11,035 | 10,429 |
Mar 19 | 10,640 | 11,247 | 10,454 |
Apr 19 | 10,665 | 11,250 | 10,476 |
May 19 | 10,700 | 11,449 | 10,501 |
Jun 19 | 10,734 | 11,593 | 10,530 |
Jul 19 | 10,757 | 11,619 | 10,550 |
Aug 19 | 10,780 | 11,920 | 10,578 |
Sep 19 | 10,801 | 11,856 | 10,596 |
Oct 19 | 10,832 | 11,892 | 10,623 |
Nov 19 | 10,841 | 11,886 | 10,635 |
Dec 19 | 10,860 | 11,878 | 10,653 |
Jan 20 | 10,890 | 12,106 | 10,669 |
Feb 20 | 10,918 | 12,324 | 10,697 |
Mar 20 | 10,826 | 12,251 | 10,752 |
Apr 20 | 10,928 | 12,469 | 10,753 |
May 20 | 10,973 | 12,527 | 10,750 |
Jun 20 | 10,993 | 12,606 | 10,752 |
Jul 20 | 11,002 | 12,795 | 10,756 |
Aug 20 | 11,009 | 12,691 | 10,757 |
Sep 20 | 11,015 | 12,684 | 10,759 |
Oct 20 | 11,020 | 12,628 | 10,761 |
Nov 20 | 11,025 | 12,752 | 10,763 |
Dec 20 | 11,029 | 12,769 | 10,764 |
Jan 21 | 11,033 | 12,678 | 10,765 |
Feb 21 | 11,025 | 12,495 | 10,767 |
Mar 21 | 11,029 | 12,338 | 10,769 |
Apr 21 | 11,032 | 12,436 | 10,770 |
May 21 | 11,036 | 12,477 | 10,771 |
Jun 21 | 11,039 | 12,564 | 10,770 |
Jul 21 | 11,042 | 12,705 | 10,771 |
Aug 21 | 11,045 | 12,681 | 10,772 |
Sep 21 | 11,036 | 12,571 | 10,773 |
Oct 21 | 11,039 | 12,567 | 10,773 |
Nov 21 | 11,031 | 12,604 | 10,773 |
Dec 21 | 11,024 | 12,572 | 10,774 |
Jan 22 | 11,016 | 12,301 | 10,768 |
Feb 22 | 10,997 | 12,164 | 10,767 |
Mar 22 | 10,968 | 11,826 | 10,764 |
Apr 22 | 10,962 | 11,377 | 10,767 |
May 22 | 10,980 | 11,451 | 10,780 |
Jun 22 | 10,957 | 11,271 | 10,772 |
Jul 22 | 10,981 | 11,547 | 10,782 |
Aug 22 | 10,998 | 11,220 | 10,797 |
Sep 22 | 10,996 | 10,735 | 10,814 |
Oct 22 | 11,008 | 10,596 | 10,832 |
Nov 22 | 11,057 | 10,986 | 10,871 |
Dec 22 | 11,112 | 10,937 | 10,918 |
Jan 23 | 11,169 | 11,273 | 10,955 |
Feb 23 | 11,191 | 10,982 | 10,986 |
Mar 23 | 11,239 | 11,260 | 11,045 |
Apr 23 | 11,288 | 11,329 | 11,083 |
May 23 | 11,329 | 11,205 | 11,110 |
Jun 23 | 11,369 | 11,165 | 11,163 |
Jul 23 | 11,424 | 11,158 | 11,209 |
Aug 23 | 11,480 | 11,086 | 11,260 |
Sep 23 | 11,526 | 10,805 | 11,310 |
Oct 23 | 11,574 | 10,634 | 11,361 |
Nov 23 | 11,645 | 11,116 | 11,420 |
Dec 23 | 11,719 | 11,541 | 11,479 |
Jan 24 | 11,770 | 11,510 | 11,529 |
Feb 24 | 11,807 | 11,347 | 11,570 |
Mar 24 | 11,858 | 11,452 | 11,621 |
Apr 24 | 11,907 | 11,162 | 11,668 |
May 24 | 11,970 | 11,352 | 11,723 |
Jun 24 | 12,020 | 11,459 | 11,772 |
Jul 24 | 12,096 | 11,727 | 11,832 |
See “Average annual total returns” for additional information on fund performance.
Average annual total returns
Average Annual Total Returns | 1 Year | 5 Years | 10 Years |
---|---|---|---|
Class K Shares ........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 5.88% | 2.37% | 1.92% |
Bloomberg U.S. Aggregate Bond Index........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 5.10 | 0.19 | 1.61 |
ICE BofA 6-Month U.S. Treasury Bill Index........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 5.58 | 2.32 | 1.70 |
Key Fund statistics
Net Assets........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $1,133,264,082 |
Number of Portfolio Holdings........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 239 |
Net Investment Advisory Fees........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | $1,584,361 |
Portfolio Turnover Rate........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 34% |
The Fund has added the Bloomberg U.S. Aggregate Bond Index in response to new regulatory requirements.
On December 1, 2023, the Fund began to compare its performance to the standard pricing time of the ICE BofA 6-Month U.S. Treasury Bill Index (the “Index”). Index data prior to March 1, 2021 is for the Index’s standard pricing time of 3pm. Index data from March 1, 2021 through November 30, 2023 is for a custom 4pm pricing variant of the Index. Index returns beginning on December 1, 2023 reflect the Index’s new standard pricing time of 4pm. The change of the Index’s standard pricing time from 3pm to 4pm resulted in the discontinuation of the custom 4pm pricing variant used from March 1, 2021 through November 30, 2023.
Past performance is not an indication of future results. Performance results may include adjustments made for financial reporting purposes in accordance with U.S. generally accepted accounting principles. Performance results do not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption or sale of fund shares. Visit blackrock.com for more recent performance information.
What did the Fund invest in?
(as of July 31, 2024)
Portfolio composition
Maturity allocation
Investment Type | Percent of Net Assets |
---|---|
Corporate Bonds........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 37.0% |
Asset-Backed Securities........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 5.5 |
U.S. Treasury Obligations........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 1.6 |
Municipal Bonds........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 0.3 |
Foreign Agency Obligations........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 0.2 |
Short-Term Securities........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 56.0 |
Liabilities in Excess of Other Assets........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | (0.6) |
Percent of Net Assets | |
---|---|
1-7 days........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 7.5% |
8-14 days........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 6.1 |
15-30 days........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 3.9 |
31-60 days........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 8.5 |
61-90 days........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 10.6 |
91-120 days........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 10.2 |
121-150 days........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 1.5 |
>150 days........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ | 51.7 |
Additional information
If you wish to view additional information about the Fund, including but not limited to financial statements, the Fund’s prospectus, and proxy voting policies and procedures, please visit blackrock.com/fundreports. For proxy voting records, visit blackrock.com/proxyrecords.
Householding
The Fund will mail only one copy of shareholder documents, including prospectuses, annual and semi-annual reports and proxy statements, to shareholders with multiple accounts at the same address. This practice is commonly called “householding” and is intended to reduce expenses and eliminate duplicate mailings of shareholder documents. Mailings of your shareholder documents may be householded indefinitely unless you instruct us otherwise. If you do not want the mailing of these documents to be combined with those for other members of your household, please call the Fund at (800) 441-7762.
The Fund is not sponsored, endorsed, issued, sold, or promoted by Bloomberg Index Services Limited, ICE Data Indices, LLC, and their respective affiliates, nor do these companies make any representation regarding the advisability of investing in the Fund. BlackRock is not affiliated with the companies listed above.
© 2024 BlackRock, Inc. or its affiliates. All rights reserved. BLACKROCK is a registered trademark of BlackRock, Inc. or its affiliates. All other trademarks are those of their respective owners.
BlackRock Short Obligations Fund
Class K Shares | BBSOX
Annual Shareholder Report — July 31, 2024
BBSOX-07/24-AR
Henry R. Keizer
Under applicable securities laws, a person determined to be an audit committee financial expert will not be deemed an “expert” for any purpose, including without limitation for the purposes of Section 11 of the Securities Act of 1933, as a result of being designated or identified as an audit committee financial expert. The designation or identification of a person as an audit committee financial expert does not impose on such person any duties, obligations, or liabilities greater than the duties, obligations, and liabilities imposed on such person as a member of the audit committee and board of directors in the absence of such designation or identification. The designation or identification of a person as an audit committee financial expert does not affect the duties, obligations, or liability of any other member of the audit committee or board of directors.
(a) Audit Fees | (b) Audit-Related Fees1 | (c) Tax Fees2 | (d) All Other Fees3 | |||||
Entity Name | Current Fiscal Year End | Previous Fiscal Year End | Current Fiscal Year End | Previous Fiscal Year End | Current Fiscal Year End | Previous Fiscal Year End | Current Fiscal Year End | Previous Fiscal Year End |
BlackRock Short Obligations Fund | $24,442 | $24,442 | $0 | $0 | $11,960 | $11,960 | $0 | $0 |
Current Fiscal Year End | Previous Fiscal Year End | |
(b) Audit-Related Fees1 | $0 | $0 |
(c) Tax Fees2 | $0 | $0 |
(d) All Other Fees3 | $0 | $0 |
(e)(2) None of the services described in each of Items 4(b) through (d) were approved by the Committee pursuant to the de minimis exception in paragraph (c)(7)(i)(C) of Rule 2-01 of Regulation S-X.
(f) Not Applicable
(g) The aggregate non-audit fees, defined as the sum of the fees shown under “Audit-Related Fees,” “Tax Fees” and “All Other Fees,” paid to the accountant for services rendered by the accountant to the registrant, the Investment Adviser and the Affiliated Service Providers were:
Entity Name | Current Fiscal Year End | Previous Fiscal Year End |
BlackRock Short Obligations Fund | $11,960 | $11,960 |
(a) The registrant’s Schedule of Investments is included as part of the Financial Statement and Financial Highlights for Open-End Management Investment Companies filed under Item 7 of this Form.
(b) Not Applicable due to no such divestments during the semi-annual period covered since the previous Form N-CSR filing.