BlackRock Credit Relative Value Fund Class K (BDMKX)
| Fund Assets | 801.67M |
| Expense Ratio | 1.32% |
| Min. Investment | $5,000,000 |
| Turnover | 113.00% |
| Dividend (ttm) | 0.53 |
| Dividend Yield | 5.88% |
| Dividend Growth | -17.90% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 22, 2025 |
| Previous Close | 9.08 |
| YTD Return | 0.33% |
| 1-Year Return | 5.45% |
| 5-Year Return | 18.18% |
| 52-Week Low | 8.47 |
| 52-Week High | 9.09 |
| Beta (5Y) | 0.19 |
| Holdings | 791 |
| Inception Date | Mar 28, 2016 |
About BDMKX
BlackRock Credit Relative Value Fund Class K is an actively managed mutual fund specializing in nontraditional bond strategies. Its primary objective is to deliver absolute total returns across a full market cycle by employing a diversified approach of both long and short exposures within the global fixed-income market. The fund’s portfolio is largely composed of corporate bonds, with additional allocations to securitized debt, cash equivalents, government securities, and derivatives. This structure enables the fund to dynamically navigate shifting credit environments and interest rate cycles, aiming to capitalize on relative value opportunities across credit markets. Managed by BlackRock, a leading asset manager, the fund uses sophisticated investment techniques, including derivatives for currency and credit exposure management. Its high portfolio turnover reflects an active trading philosophy, responsive to market developments and risk factors. With a significant asset base and a focus on institutional and retirement investors, BlackRock Credit Relative Value Fund Class K plays a notable role in the market for those seeking alternative sources of fixed-income returns while maintaining diversification beyond traditional bond funds.
Performance
BDMKX had a total return of 5.45% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.91%.
Top 10 Holdings
59.12% of assets| Name | Symbol | Weight |
|---|---|---|
| EUR/USD Purchased | n/a | 34.28% |
| BlackRock Liquidity Funds - T-Fund | TSTXX | 8.15% |
| GBP/USD Purchased | n/a | 3.41% |
| CASH COLLATERAL USD MLISW | n/a | 2.67% |
| BEIGNET INV LLC | RPLDCI.6.581 05.30.49 144A | 2.22% |
| Lions Gate Television Inc. | LGF.6 04.15.30 144a | 2.08% |
| British Airways Pass Through Trust Prvt | n/a | 2.06% |
| Frontier Communications Holdings Llc | FYBR.8.75 05.15.30 144A | 1.47% |
| Palomino Funding Trust I | VST.7.233 05.17.28 | 1.42% |
| Alexander Funding Trust II | NRG.7.467 07.31.28 | 1.35% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 22, 2025 | $0.53418 | Dec 23, 2025 |
| Dec 18, 2024 | $0.65063 | Dec 19, 2024 |
| Dec 20, 2023 | $0.30416 | Dec 21, 2023 |
| Dec 19, 2022 | $0.70435 | Dec 20, 2022 |
| Dec 22, 2021 | $0.36121 | Dec 23, 2021 |
| Dec 23, 2020 | $0.39951 | Dec 24, 2020 |