PNIGX – Fund Analysis – BlackRock Impact Mortgage Instl | Morningstar

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Will PNIGX outperform in future?

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Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PNIGX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar

The People Pillar is our evaluation of the PNIGX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar

The Parent Pillar is our rating of PNIGX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Narrow opportunity set.

Associate Director Brian Moriarty

Brian Moriarty

Associate Director

Summary

BlackRock Impact Mortgage’s 2022 mandate change, which aims to prioritize a narrow sector niche, complicates this seasoned management duo’s task.

by Brian Moriarty

Rated on Sep 13, 2024 Published on Sep 13, 2024

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