BlackRock Credit Relative Value Fund Institutional Shares (BGCIX)
| Fund Assets | 1.08B |
| Expense Ratio | 1.46% |
| Min. Investment | $2,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.64 |
| Dividend Yield | 6.95% |
| Dividend Growth | 116.65% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 18, 2024 |
| Previous Close | 9.22 |
| YTD Return | 2.56% |
| 1-Year Return | 7.61% |
| 5-Year Return | 33.57% |
| 52-Week Low | 8.95 |
| 52-Week High | 9.62 |
| Beta (5Y) | n/a |
| Holdings | 923 |
| 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 7.61% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.53%.
Top 10 Holdings
65.64% of assets| Name | Symbol | Weight |
|---|---|---|
| EUR/USD Purchased | n/a | 31.86% |
| BlackRock Liquidity Funds - T-Fund | TSTXX | 9.99% |
| GBP/USD Purchased | n/a | 6.96% |
| Cash Offset | n/a | 4.49% |
| CASH COLLATERAL USD MLISW | n/a | 2.68% |
| British Airways Pass Through Trust Prvt | n/a | 2.27% |
| CDS: (ITRAXX.XO.42.V2 35-100%) | n/a | 2.15% |
| Lions Gate Capital Holdings 1 Inc. | LGF.5.5 04.15.29 144a | 2.06% |
| CDS: (ITRAXX.XO.42.V2 20-35%) | n/a | 1.64% |
| CASH COLLATERAL MORGAN STANLEY INT | n/a | 1.55% |
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 |