Filter list by keyword
Show More
Show Less
to
of
Total
Sorry, no data available.
Overview
Performance
Performance
Growth of Hypothetical $10,000
Performance chart data not available for display.
Distributions
Interactive chart displaying fund performance. Javascript is required.
-
Returns
Performance data is not currently available
Performance data is not currently available
Performance data is not currently available
Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.
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."
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
Size of Class (Millions)
as of Jun 08, 2023
$729.4 M
Size of Fund (Millions)
as of Jun 08, 2023
$1,085.8 M
Share Class launch date
Feb 26, 2010
Asset Class
Fixed Income
Morningstar Category
Multisector Bond
Lipper Classification
Multi-Sector Income Fds
Benchmark Index
25% Bloomberg Global High Yield 100% Hedged USD Index/25% Morningstar LSTA
CUSIP
09260B887
Number of Holdings
as of May 31, 2023
1,725
Max Offer Price
as of Jun 08, 2023
$8.69
Open to New Investors
Yes
Turnover Percent in the Annual Report
133%
Portfolio Characteristics
Portfolio Characteristics
R-Squared (3y)
as of May 31, 2023
93.25
Beta (3y)
as of May 31, 2023
1.05
Best 3-Month Return Over the Last 3 Years
3 months ending Jan 31, 2023
6.57%
Worst 3-Month Return Over the Last 3 Years
3 months ending Jun 30, 2022
-6.69%
Fund Standard Deviation (3y)
as of May 31, 2023
5.86
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.
Sustainability Characteristics
Sustainability Characteristics
To be included in MSCI ESG Fund Ratings, 65% (or 50% for bond funds and money market funds) of the fund’s gross weight must come from securities with ESG coverage by MSCI ESG Research (certain cash positions and other asset types deemed not relevant for ESG analysis by MSCI are removed prior to calculating a fund’s gross weight; the absolute values of short positions are included but treated as uncovered), the fund’s holdings date must be less than one year old, and the fund must have at least ten securities. MSCI Ratings are currently unavailable for this fund.
Business Involvement
Business Involvement
Business Involvement metrics can help investors gain a more comprehensive view of specific activities in which a fund may be exposed through its investments.
Business Involvement metrics are not indicative of a fund’s investment objective, and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’s investable universe. For more information regarding a fund's investment strategy, please see the fund's prospectus.
Review the MSCI methodology behind the Business Involvement metrics, using links below.
BlackRock business involvement exposures as shown above for Thermal Coal and Oil Sands are calculated and reported for companies that generate more than 5% of revenue from thermal coal or oil sands as defined by MSCI ESG Research. For the exposure to companies that generate any revenue from thermal coal or oil sands (at a 0% revenue threshold), as defined by MSCI ESG Research, it is as follows: Thermal Coal 0.16% and for Oil Sands 0.18%.
Business Involvement metrics are calculated by BlackRock using data from MSCI ESG Research which provides a profile of each company’s specific business involvement. BlackRock leverages this data to provide a summed up view across holdings and translates it to a fund's market value exposure to the listed Business Involvement areas above.
Business Involvement metrics are designed only to identify companies where MSCI has conducted research and identified as having involvement in the covered activity. As a result, it is possible there is additional involvement in these covered activities where MSCI does not have coverage. This information should not be used to produce comprehensive lists of companies without involvement. Business Involvement metrics are only displayed if at least 1% of the fund’s gross weight includes securities covered by MSCI ESG Research.
ESG Integration
ESG Integration
ESG integration is the practice of incorporating material environmental, social and governance (ESG) information or insights alongside traditional measures into the investment decision process to improve long term financial outcomes of portfolios. Unless otherwise stated in Fund documentation or included within the Fund’s investment objective, inclusion of this statement does not imply that the Fund has an ESG-aligned investment objective, but rather describes how ESG information is considered as part of the overall investment process.
The Fund manager includes ESG considerations in the initial screening, sourcing and due diligence phases of the investment process. In the due diligence process, the Fund manager uses an internal ESG risk assessment to identify, analyze and document key ESG risks. Specialist consultants may also be appointed to further support due diligence if needed. Identified material ESG risks and relevant mitigating actions are documented in Investment Committee material. This information, where appropriate, is discussed at relevant Investment Committee meetings, and is considered in the Investment Committee’s investment decision. In the structuring and documentation stage of the investment process, the investment team considers requesting bespoke information related to ESG. The Fund’s ongoing portfolio management process includes the monitoring of ESG criteria over the life of an investment, and each portfolio company’s ESG assessment is refreshed on a quarterly basis. Furthermore, the investment team and the Risk and Quantitative Analysis group analyze and discuss the portfolio’s exposure to material ESG risks as part of the portfolio risk review each quarter.
Ratings
Ratings
Holdings
Holdings
as of May 31, 2023
| Name | Weight (%) |
|---|---|
| UNIFORM MBS | 34.36 |
| ISHARES HIGH YIELD CORPORATE BOND | 1.99 |
| JPMORGAN CHASE & CO | 1.86 |
| ISHARES FLOATING RATE BOND ETF | 1.43 |
| VERIZON COMMUNICATIONS INC | 1.28 |
| Name | Weight (%) |
|---|---|
| BANK OF AMERICA CORP | 1.05 |
| CROWN CASTLE INC | 1.01 |
| BAT CAPITAL CORP | 1.01 |
| ORACLE CORPORATION | 0.99 |
| GLOBAL PAYMENTS INC | 0.90 |
Exposure Breakdowns
Exposure Breakdowns
Negative weightings may result from specific circumstances (including timing differences between trade and settle dates of securities purchased by the funds) and/or the use of certain financial instruments, including derivatives, which may be used to gain or reduce market exposure and/or risk management. Certain transactions the funds may utilize may give rise to a form of leverage through either (a) additional market exposure or (b) borrowing capital in an attempt to increase investment return. The use of such transactions includes certain leverage-related risks, including potential for higher volatility, greater decline of the fund’s net asset value and fluctuations of dividends and distributions paid by the fund.
Allocations are subject to change.
Portfolio Managers
Portfolio Managers
Chief Investment Officer and Global Head of Credit
James E. Keenan, CFA, Managing Director, is Chief Investment Officer and Global Head of Credit within BlackRock Alternative Investors (BAI).
Managing Director
Jeff Cucunato is the lead portfolio manager for the Multi-Strategy Credit platform within BlackRock's Global Credit group.
Portfolio Manager
Literature
Literature
More Products
There are many ways to access BlackRock Funds, learn how you can add them to your portfolio
