BlackRock Credit Relative Value Fund Investor A Shares (BGCAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

9.11

+0.01 (0.11%)

At close: Oct 15, 2026

Fund Assets	1.01B
Expense Ratio	1.624%
Min. Investment	$1,000
Turnover	104.00%
Dividend (ttm)	0.50
Dividend Yield	5.54%
Dividend Growth	-18.46%
Payout Frequency	Annual
Ex-Dividend Date	Dec 22, 2025

Previous Close	9.10
YTD Return	0.33%
1-Year Return	1.12%
5-Year Return	15.46%
52-Week Low	9.02
52-Week High	9.56
Beta (5Y)	0.22
Holdings	1299
Inception Date	Sep 30, 2011

About BGCAX

BlackRock Credit Relative Value Fund Investor A Shares is a mutual fund specializing in the global fixed-income sector. Its primary objective is to deliver absolute total returns across a full market cycle, typically three to five years, by using a diversified strategy that includes both long and short positions in credit instruments. The fund operates within the nontraditional bond category, offering flexibility to take positions independent of traditional bond benchmarks. Notable features include the ability to invest in a broad range of fixed-income securities, manage duration exposure dynamically, and employ various derivatives. The fund's strategy is designed to generate returns that are less correlated with the broader fixed-income market, appealing to investors seeking diversification and potential downside protection. With an above-average expense ratio and an annual dividend distribution, the fund stands out for its active approach to capturing relative value opportunities in global credit markets, playing a significant role in portfolios seeking alternative sources of fixed-income return beyond conventional bond funds.

Fund Family BlackRock

Category Specialty Fixed In

Performance Rating Average

Risk Rating Below Average

Stock Exchange Nasdaq

Ticker Symbol BGCAX

Index ICE BofA US 3-Month T Bill TR IX

Performance

BGCAX had a total return of 1.12% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.84%.

Top 10 Holdings

42.12% of assets

Name	Symbol	Weight
EUR/USD Purchased	n/a	26.13%
USD CASH(Committed)	n/a	2.38%
GBP/USD Purchased	n/a	2.33%
EUR/USD Purchased	n/a	2.28%
CASH COLLATERAL USD MLISW	n/a	2.10%
BlackRock Liquidity T-Fund Instl	TSTXX	2.08%
EUR/USD Purchased	n/a	1.28%
EUR/USD Purchased	n/a	1.23%
Italy (Republic Of)	BTPS.2.85 02.01.31 5Y	1.19%
iShares iBoxx $ High Yield Corporate Bond ETF	HYG	1.12%

View More Holdings

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 22, 2025	$0.50429	Dec 23, 2025
Dec 18, 2024	$0.61849	Dec 19, 2024
Dec 20, 2023	$0.2732	Dec 21, 2023
Dec 19, 2022	$0.65594	Dec 20, 2022
Dec 22, 2021	$0.33029	Dec 23, 2021
Dec 23, 2020	$0.35701	Dec 24, 2020

Full Dividend History