BlackRock Global Long/Short Credit Fund Institutional Shares (BGCIX)
| Fund Assets | 1.08B |
| Expense Ratio | n/a |
| Min. Investment | $2,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.64 |
| Dividend Yield | 7.04% |
| Dividend Growth | 116.65% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 18, 2024 |
| Previous Close | 9.05 |
| YTD Return | 0.67% |
| 1-Year Return | 6.67% |
| 5-Year Return | 32.50% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 1002 |
| Inception Date | Sep 30, 2011 |
About BGCIX
BGCIX was founded on 2011-09-30. The Fund's investment strategy focuses on Specialty Fixed In with 1.12% total expense ratio. The minimum amount to invest in BlackRock Funds IV: BlackRock Global Long/Short Credit Fund; Institutional Shares is $2,000,000 on a standard taxable account. BlackRock Funds IV: BlackRock Global Long/Short Credit Fund; Institutional Shares seeks absolute total returns. BGCIX invests through diversified long and short exposure to the global fixed income markets. BGCIX invests 80% of its assets in credit-related instruments. BGCIX may invest in fixed, variable and floating rate instruments and up to 20% of its assets in equity instruments.
Performance
BGCIX had a total return of 6.67% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.41%.
Top 10 Holdings
60.96% of assets| Name | Symbol | Weight |
|---|---|---|
| EUR/USD Purchased | n/a | 32.66% |
| BlackRock Liquidity Funds - T-Fund | TSTXX | 8.97% |
| GBP/USD Purchased | n/a | 5.97% |
| CASH COLLATERAL USD MLISW | n/a | 2.61% |
| British Airways Pass Through Trust Prvt | n/a | 2.28% |
| CDS: (ITRAXX.XO.42.V2 35-100%) | n/a | 2.04% |
| Lions Gate Capital Holdings 1 Inc. | LGF 5.5 04.15.29 144a | 1.99% |
| CDS: (ITRAXX.XO.42.V2 20-35%) | n/a | 1.58% |
| Frontier Communications Holdings Llc | FYBR 8.75 05.15.30 144A | 1.48% |
| Palomino Funding Trust I | VST 7.233 05.17.28 | 1.40% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2024 | $0.64101 | Dec 19, 2024 |
| Dec 20, 2023 | $0.29587 | Dec 21, 2023 |
| Dec 19, 2022 | $0.69507 | Dec 20, 2022 |
| Dec 22, 2021 | $0.35455 | Dec 23, 2021 |
| Dec 23, 2020 | $0.39215 | Dec 24, 2020 |
| Dec 23, 2019 | $0.37203 | Dec 24, 2019 |