Overview

Performance
Performance
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Returns
YTD | 1m | 3m | 1y | 3y | 5y | 10y | |
---|---|---|---|---|---|---|---|
Total Return (%) | 8.40 | 0.53 | 2.03 | 8.40 | 21.56 | 29.99 | 58.93 |
Benchmark (%) | 8.95 | 0.57 | 2.27 | 8.95 | 22.52 | 32.92 | 65.21 |
Morningstar Category Avg. (%) | 8.42 | 0.48 | 2.18 | 8.42 | 18.34 | 25.38 | 49.48 |
2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Total Return (%) | 2.57 | 4.26 | -0.37 | 12.55 | 8.40 |
Benchmark (%) | 3.12 | 5.20 | -0.60 | 13.32 | 8.95 |
Morningstar Category Avg. (%) | 1.16 | 4.36 | -2.49 | 12.19 | 8.42 |
Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.
The Fund’s returns prior to September 17, 2018 are the returns of a predecessor fund, "BlackRock Floating Rate Income Portfolio", that reorganized into the Fund on September 17, 2018. The predecessor fund had the same investment objectives, strategies and policies, portfolio management team and contractual arrangements, including the same contractual fees and expenses, as the Fund as of the date of the reorganization. The predecessor fund acquired the assets and liabilities of "BlackRock Senior Floating Rate Fund, Inc." in a reorganization on March 21, 2011. The performance information for periods prior to March 21, 2011 is based on the performance of Blackrock Senior Floating Rate Fund, Inc.
The performance information for periods prior to March 28, 2016, the commencement of operations of the share class, shows the performance of the predecessor fund’s Investor A Shares. The performance of this share class would be substantially similar to Investor A Shares because this share class and Investor A Shares invest in the same portfolio of securities and performance would only differ to the extent that this share class and Investor A Shares have different expenses. See the Fund’s prospectus for more details.
Key Facts
Key Facts
Portfolio Characteristics
Portfolio Characteristics
For the latest month-end Distribution Yield, click here.
This information must be preceded or accompanied by a current prospectus. For standardized performance, please see the Performance section above.
Fees
Fees
Gross Expense Ratio | 0.64% |
Net Expense Ratio | 0.63% |
Net Expense Ratio excluding Investment Related Expenses is 0.60%
- Acquired Fund Fees and Expenses 0.03%
- Interest expense 0.00%
Ratings
Ratings
Holdings
Holdings
Name | Weight (%) |
---|---|
POWERSHARES SENIOR LOAN PORTFOLIO | 2.16 |
SPDR BLACKSTONE/GSO SENIOR LOAN | 1.46 |
MEDLINE BORROWER LP | 1.24 |
CLOUD SOFTWARE GROUP INC | 1.23 |
TRANSDIGM INC | 1.18 |
Name | Weight (%) |
---|---|
CLOVER HOLDINGS 2 LLC | 1.00 |
ALLIANT HOLDINGS INTERMEDIATE LLC | 0.90 |
DUN & BRADSTREET CORPORATION (THE) | 0.86 |
HUB INTERNATIONAL LTD | 0.81 |
ATHENAHEALTH GROUP INC | 0.81 |
Exposure Breakdowns
Exposure Breakdowns
Allocations are subject to change.
Portfolio Managers
Portfolio Managers


David Delbos, Managing Director, is the Co-Head of U.S. High Yield within BlackRock's Global Credit team.

Carly Wilson, Managing Director, is a member of BlackRock's Global Credit Platform. She is a portfolio manager for the platform's bank loan strategies and global long/short credit strategies.