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Key Stats

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Expense Ratio Discount or Premium to NAV Total Assets Under Management 30-Day Average Daily Volume
1.47% -4.24% 539.75M 199985.9
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (All)
6.18% 67.00% -- Upgrade

Basic Info

Investment Strategy
The primary objective is to provide current income by investing principally in corporate debt obligations, including Corporate Loans that are rated in the lower rating categories of the established rating services. The secondary objective is capital appreciation. Up to 20% of its total assets may be invested in debt securities that at the time of investment are subject to bankruptcy proceedings or otherwise in default. It may invest up to 20% of its total assets in financial instruments of issuers domiciled outside the U.S. or that are denominated in various foreign currencies and multinational foreign currency units. It may engage in various portfolio investment strategies including purchasing and selling financial futures contracts, forward foreign exchange contracts, covered call and put options and swaps.
General
Security Type Closed-End Fund
Equity Style Small Cap/Value
Fixed Income Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name Bank Loan
Category Index S&P/LSTA Leveraged Loan TR
Prospectus Objective Corporate Bond - General
Fund Owner Firm Name BlackRock
Prospectus Benchmark Index
S&P 500 TR USD 100.0%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
C. Marshall 12.66 yrs
James Keenan 12.66 yrs
Mitchell Garfin 5.68 yrs

Net Fund Flows Versus Category

1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
No Data Available
1 Month
% Rank: --
-- Category Low
-- Category High
1 Year
% Rank: --
-1.088B Category Low
6.757B Category High
3 Months
% Rank: --
-- Category Low
-- Category High
3 Years
% Rank: --
-- Category Low
-- Category High
6 Months
% Rank: --
-- Category Low
-- Category High
5 Years
% Rank: --
-- Category Low
-- Category High
YTD
% Rank: --
-- Category Low
-- Category High
10 Years
% Rank: --
-- Category Low
-- Category High
Date Unavailable

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)
--
--
--
--
--
--
--
--
Total Return (NAV)
--
--
--
--
--
--
--
--
Category Rtn. (NAV)
--
--
--
--
--
--
--
--
% Rank in Cat (NAV)
--
--
--
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As of January 27, 2022. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2015
2016
2017
2018
2019
2020
2021
YTD
-2.24%
20.31%
10.69%
-10.05%
23.83%
1.52%
19.36%
-5.38%
0.55%
2.65%
3.54%
0.01%
8.72%
7.51%
-1.54%
-2.20%
2.28%
18.69%
0.76%
-8.29%
20.82%
-2.44%
17.79%
0.82%
3.11%
19.39%
3.90%
-11.96%
18.97%
-0.84%
25.90%
-5.36%
-4.73%
23.39%
0.19%
-5.37%
16.95%
-0.14%
16.96%
1.85%
-2.77%
25.84%
1.67%
-6.12%
16.83%
2.55%
21.00%
-4.73%
As of January 27, 2022.

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (1-28-22) 6.18%
30-Day SEC Yield (12-31-09) Upgrade
7-Day SEC Yield (10-28-10) Upgrade
Number of Holdings Upgrade
Bond
Current Yield 5.47%
Yield to Maturity --
Effective Duration --
Average Coupon Upgrade
Average Credit Score Upgrade
Average Price --
As of September 30, 2021

Asset Allocation

As of September 30, 2021.
Type % Net % Long % Short
Cash 1.06% Upgrade Upgrade
Stock 0.30% Upgrade Upgrade
Bond 98.08% Upgrade Upgrade
Convertible 0.49% Upgrade Upgrade
Preferred 0.07% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Top 10 Holdings

Name % Weight Price % Change
INMARSAT PLC / CONNECT US FINCO
1.60% -- --
VERITAS US INC
1.18% -- --
INFORMATICA LLC
1.16% -- --
GALDERMA(SUNSHINE LUX)/NESTLE
1.14% -- --
PERATON CORP
1.08% -- --
Core & Main Lp (Hd Supply Water)
1.06% -- --
HUSKY IMS (TITAN ACQUISITION LTD)
1.04% -- --
ZAYO GROUP HOLDING / FRONT RANGE
1.03% -- --
CLEAR CHANNEL OUTDOOR HOLDINGS INC
1.01% -- --
CUBIC CORP / ATLAS CC ACQUISITION
1.00% -- --

Basic Info

Investment Strategy
The primary objective is to provide current income by investing principally in corporate debt obligations, including Corporate Loans that are rated in the lower rating categories of the established rating services. The secondary objective is capital appreciation. Up to 20% of its total assets may be invested in debt securities that at the time of investment are subject to bankruptcy proceedings or otherwise in default. It may invest up to 20% of its total assets in financial instruments of issuers domiciled outside the U.S. or that are denominated in various foreign currencies and multinational foreign currency units. It may engage in various portfolio investment strategies including purchasing and selling financial futures contracts, forward foreign exchange contracts, covered call and put options and swaps.
General
Security Type Closed-End Fund
Equity Style Small Cap/Value
Fixed Income Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name Bank Loan
Category Index S&P/LSTA Leveraged Loan TR
Prospectus Objective Corporate Bond - General
Fund Owner Firm Name BlackRock
Prospectus Benchmark Index
S&P 500 TR USD 100.0%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
C. Marshall 12.66 yrs
James Keenan 12.66 yrs
Mitchell Garfin 5.68 yrs

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (1-28-22) 6.18%
30-Day SEC Yield (12-31-09) Upgrade
7-Day SEC Yield (10-28-10) Upgrade
Number of Holdings Upgrade
Bond
Current Yield 5.47%
Yield to Maturity --
Effective Duration --
Average Coupon Upgrade
Average Credit Score Upgrade
Average Price --
As of September 30, 2021

Fund Details

Key Dates
Inception Date 3/27/1998
Last Annual Report Date 12/31/2020
Last Prospectus Date 1/12/1998
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund Yes
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan Yes
Socially Responsible Fund No

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