BATS: Mortgage Total Return Series (BRAMX)
8.37
+0.02
(+0.24%)
USD |
Aug 24 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.00% | 1.445B | -- | 931.0% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 110.18M | 3.45% |
Basic Info
| Investment Strategy | |
| The Fund seeks to maximize total return, consistent with income generation and prudent investment management. The Fund seeks to invest at least 80% of its net assets in mortgage-related securities and derivatives that provide investment exposure to such securities or to one or more market risk factors associated as such. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Mortgages |
| Peer Group | U.S. Mortgage Funds |
| Global Macro | Bond HC |
| US Macro | U.S. Government & Treasury Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | U.S. Mortgage Funds |
| Fund Owner Firm Name | BlackRock |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
33
-270.86M
Peer Group Low
213.80M
Peer Group High
1 Year
% Rank:
24
110.18M
-2.724B
Peer Group Low
1.175B
Peer Group High
3 Months
% Rank:
23
-390.16M
Peer Group Low
979.72M
Peer Group High
3 Years
% Rank:
26
-7.465B
Peer Group Low
7.400B
Peer Group High
6 Months
% Rank:
38
-469.43M
Peer Group Low
1.107B
Peer Group High
5 Years
% Rank:
27
-17.92B
Peer Group Low
11.53B
Peer Group High
YTD
% Rank:
35
-513.57M
Peer Group Low
1.000B
Peer Group High
10 Years
% Rank:
23
-36.79B
Peer Group Low
26.24B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of August 25, 2026.
Asset Allocation
As of February 28, 2026.
| Type | % Net |
|---|---|
| Cash | -15.55% |
| Stock | 0.00% |
| Bond | 100.3% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 15.21% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
FEDERAL NATIONAL MORTGAGE ASSOCIATION 5.5% 01-AUG-2056
|
10.20% | -- | -- |
|
CASH AND CASH EQUIVALENTS
|
6.70% | -- | -- |
|
FEDERAL NATIONAL MORTGAGE ASSOCIATION 2.5% 01-SEP-2056
|
3.57% | -- | -- |
|
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2 2% 01-AUG-2056
|
2.89% | -- | -- |
|
FEDERAL HOME LOAN MORTGAGE CORPORATION S454 DA PT FIX 4% 25-MAY-2027
|
2.83% | -- | -- |
|
FEDERAL NATIONAL MORTGAGE ASSOCIATION 01-FEB-2056 MA5971
|
2.43% | -- | -- |
|
FEDERAL HOME LOAN MORTGAGE CORPORATION S432 GA PT FIX 4% 25-APR-2027
|
2.37% | -- | -- |
|
FEDERAL NATIONAL MORTGAGE ASSOCIATION 5.5% 01-SEP-2056
|
2.22% | -- | -- |
|
FEDERAL NATIONAL MORTGAGE ASSOCIATION 01-DEC-2055 MA5908
|
2.01% | -- | -- |
|
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION 2 5.5% 01-AUG-2056
|
1.80% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | -- |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 0.00 None |
| Minimum Subsequent Investment | 0.00 None |
Projected Income
| Type | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of July 31, 2026.
Basic Info
| Investment Strategy | |
| The Fund seeks to maximize total return, consistent with income generation and prudent investment management. The Fund seeks to invest at least 80% of its net assets in mortgage-related securities and derivatives that provide investment exposure to such securities or to one or more market risk factors associated as such. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Mortgages |
| Peer Group | U.S. Mortgage Funds |
| Global Macro | Bond HC |
| US Macro | U.S. Government & Treasury Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | U.S. Mortgage Funds |
| Fund Owner Firm Name | BlackRock |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (8-24-26) | 4.35% |
| 30-Day SEC Yield (2-29-24) | 4.33% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 10 |
| Bond | |
| Yield to Maturity (2-28-26) | 4.38% |
| Effective Duration | -- |
| Average Coupon | 4.36% |
| Calculated Average Quality | 1.029 |
| Effective Maturity | 24.08 |
| Nominal Maturity | 24.08 |
| Number of Bond Holdings | 4 |
As of February 28, 2026
Fund Details
| Key Dates | |
| Inception Date | 10/1/2004 |
| Last Annual Report Date | 3/31/2026 |
| Last Prospectus Date | 7/29/2026 |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:BRAMX", "name") |
| Broad Asset Class: =YCI("M:BRAMX", "broad_asset_class") |
| Broad Category: =YCI("M:BRAMX", "broad_category_group") |
| Prospectus Objective: =YCI("M:BRAMX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |