Overview

Performance
Performance
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Returns
| 1y | 3y | 5y | 10y | |
|---|---|---|---|---|
| Total Return (%) | 6.13 | 8.42 | 2.98 | 3.93 |
| Return w/ Sales Charge (%) | 3.48 | 7.51 | 2.46 | 3.67 |
| Benchmark (%) | 6.73 | 9.57 | 4.17 | 4.73 |
| Morningstar Category Avg. (%) | 5.43 | 7.73 | 3.36 | 3.82 |
| Morningstar Ranking | 131/381 | 140/360 | 211/324 | 111/221 |
| Morningstar Quartile | 2 | 2 | 3 | 2 |
| Lipper Category Avg. (%) | 6.03 | 8.83 | 5.86 | 4.43 |
| Lipper Ranking | 98/374 | 130/360 | 173/320 | 101/213 |
| Lipper Quartile | 2 | 2 | 3 | 2 |
| YTD | 1m | 3m | 1y | 3y | 5y | 10y | |
|---|---|---|---|---|---|---|---|
| Total Return (%) | 6.57 | 0.88 | 2.46 | 6.13 | 27.44 | 15.81 | 47.06 |
| Return w/ Sales Charge (%) | 3.91 | -1.64 | -0.10 | 3.48 | 24.26 | 12.91 | 43.39 |
| Benchmark (%) | 6.45 | 0.61 | 2.35 | 6.73 | 31.55 | 22.65 | 58.69 |
| Morningstar Category Avg. (%) | 6.29 | 0.85 | 2.24 | 5.43 | 25.01 | 17.99 | 45.52 |
| Lipper Category Avg. (%) | 3.89 | 0.38 | 1.52 | 6.03 | 28.92 | 33.04 | 54.43 |
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Total Return (%) | 6.63 | -0.42 | -9.61 | 9.07 | 5.77 |
| Annual w/ Sales Charge (%) | 3.97 | -2.91 | -11.87 | 6.35 | 3.12 |
| Benchmark (%) | 6.17 | 1.86 | -8.71 | 10.36 | 7.99 |
| Morningstar Category Avg. (%) | 4.84 | 2.49 | -9.85 | 8.13 | 5.96 |
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 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. As a result, the performance of the Fund would have been substantially similar to that of the predecessor fund. The predecessor fund's returns between July 2, 2012 and July 1, 2016 are the returns of the predecessor fund when it followed different investment strategies under the name “BlackRock Secured Credit Portfolio." The predecessor fund's returns prior to July 2, 2012 are the returns of the predecessor fund when it followed different investment strategies under the name "BlackRock Multi-Sector Bond Portfolio."
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 | 0.99% |
| Net Expense Ratio | 0.89% |
Net Expense Ratio excluding Investment Related Expenses is 0.87%
- Acquired Fund Fees and Expenses 0.01%
- Interest expense 0.01%
Ratings
Ratings
Holdings
Holdings
| Name | Weight (%) |
|---|---|
| UNIFORM MBS | 24.17 |
| VANECK VECTORS JP MORGAN EM LOCAL CURRENCY BD ETF | 2.41 |
| ISHARES JPMORGAN USD EMERGING MARKETS BOND FUND | 1.98 |
| ISHARES FLOATING RATE BOND ETF | 1.25 |
| ISHARES MSCI EMERGING MARKETS INDEX FUND | 0.76 |
| Name | Weight (%) |
|---|---|
| POWERSHARES SENIOR LOAN PORTFOLIO | 0.31 |
| TRANSDIGM INC | 0.19 |
| MEDLINE BORROWER LP | 0.17 |
| CLOUD SOFTWARE GROUP INC | 0.15 |
| ALLIANT HOLDINGS INTERMEDIATE LLC | 0.14 |
| Name | Market Value | Weight (%) | Shares | Maturity | Coupon (%) |
|---|
Exposure Breakdowns
Exposure Breakdowns
Allocations are subject to change.
Portfolio Managers
Portfolio Managers
Jeff Cucunato is the lead portfolio manager for the Multi-Strategy Credit platform within BlackRock's Global Credit group.
ESG Integration
ESG Integration
This fund does not seek to follow a sustainable, impact or ESG investment strategy. For more information regarding the fund's investment strategy, please see the fund's prospectus or, as applicable, shareholder report.