BlackRock Allc Trgt Corp Crdt TR (BRACX)
| Fund Assets | 497.63M |
| Expense Ratio | n/a |
| Min. Investment | $0.00 |
| Turnover | 158.00% |
| Dividend (ttm) | 0.47 |
| Dividend Yield | 5.29% |
| Dividend Growth | -2.32% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 8.92 |
| YTD Return | 0.14% |
| 1-Year Return | 4.39% |
| 5-Year Return | -1.87% |
| 52-Week Low | 8.87 |
| 52-Week High | 9.27 |
| Beta (5Y) | 0.33 |
| Holdings | 1404 |
| Inception Date | Oct 1, 2004 |
About BRACX
BlackRock Allocation Target Shares Series C Portfolio is a mutual fund designed to maximize total return while maintaining a focus on income generation and prudent risk management. The fund invests exclusively in investment-grade securities, primarily featuring a diversified allocation across corporate bonds, U.S. Treasury notes, and asset-backed instruments. Its portfolio comprises over 800 individual holdings, with notable concentrations in U.S. government debt and prominent financial institutions such as Bank of America, Morgan Stanley, and Goldman Sachs. The fund is categorized within the miscellaneous fixed income sector, reflecting its flexible mandate and broad exposure across industries and issuers. Investors receive monthly dividend distributions, supported by a relatively high dividend yield, and the fund has historically exhibited a conservative risk profile—demonstrated by a low beta over five years. Since its inception in 2004, BlackRock Allocation Target Shares Series C Portfolio has played a role for those seeking a steady income stream and capital preservation through a widely spread, investment-grade fixed income strategy.
Performance
BRACX had a total return of 4.39% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.41%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.03809 | Jun 30, 2026 |
| May 29, 2026 | $0.03976 | May 29, 2026 |
| Apr 30, 2026 | $0.03859 | Apr 30, 2026 |
| Mar 31, 2026 | $0.04016 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03627 | Feb 27, 2026 |
| Jan 30, 2026 | $0.04039 | Jan 30, 2026 |