Price Chart

Key Stats

Net Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
3.97% -8.73% 1.040B 259650.7
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (Since Inception)
6.39% 155.0% -46.10M Upgrade

Basic Info

Investment Strategy
The Trust seeks current income, current gains and capital appreciation. Normally, it will invest at least 80% of its total assets in credit-related securities, including, but not limited to, investment grade corporate bonds, high yield bonds, bank loans, preferred securities or convertible bonds or derivatives with economic characteristics similar to these credit-related securities.
General
Security Type Closed-End Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name Multisector Bond
Category Index Bloomberg US Universal TR USD
Global Category Name US Fixed Income
YCharts Categorization US Fixed Income
YCharts Benchmark Bloomberg US Aggregate (^BBUSATR)
Prospectus Objective Growth and Income
Fund Owner Firm Name BlackRock
Prospectus Benchmark Index
Bloomberg Capital US Corporate TR USD 19.71%
Bloomberg US Corp. high yield 2% IC 29.93%
Bloomberg US Credit TR USD 50.36%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
Jeffrey Cucunato 12.84 yrs
Mitchell Garfin 12.84 yrs
Charley Hung 1.25 yrs

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (Price)
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Total Return (NAV)
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Category Rtn. (NAV)
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% Rank in Cat (NAV)
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As of April 24, 2024. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2017
2018
2019
2020
2021
2022
2023
YTD
9.34%
-10.32%
33.62%
13.19%
9.35%
-27.06%
12.70%
1.40%
3.54%
0.01%
8.72%
7.51%
-1.54%
-13.01%
5.53%
-3.13%
21.98%
-5.95%
10.52%
21.58%
4.93%
-5.66%
-3.12%
19.14%
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35.52%
7.38%
17.01%
-1.02%
4.25%
-5.36%
11.01%
-17.85%
14.84%
6.52%
26.66%
2.55%
35.37%
3.27%
0.47%
-18.67%
22.59%
8.78%
As of April 24, 2024.

Asset Allocation

As of February 29, 2024.
Type % Net % Long % Short
Cash -56.43% Upgrade Upgrade
Stock 0.00% Upgrade Upgrade
Bond 149.0% Upgrade Upgrade
Convertible 2.23% Upgrade Upgrade
Preferred 4.74% Upgrade Upgrade
Other 0.45% Upgrade Upgrade

Basic Info

Investment Strategy
The Trust seeks current income, current gains and capital appreciation. Normally, it will invest at least 80% of its total assets in credit-related securities, including, but not limited to, investment grade corporate bonds, high yield bonds, bank loans, preferred securities or convertible bonds or derivatives with economic characteristics similar to these credit-related securities.
General
Security Type Closed-End Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name Multisector Bond
Category Index Bloomberg US Universal TR USD
Global Category Name US Fixed Income
YCharts Categorization US Fixed Income
YCharts Benchmark Bloomberg US Aggregate (^BBUSATR)
Prospectus Objective Growth and Income
Fund Owner Firm Name BlackRock
Prospectus Benchmark Index
Bloomberg Capital US Corporate TR USD 19.71%
Bloomberg US Corp. high yield 2% IC 29.93%
Bloomberg US Credit TR USD 50.36%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
Jeffrey Cucunato 12.84 yrs
Mitchell Garfin 12.84 yrs
Charley Hung 1.25 yrs

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