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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
1.54% -8.94% 465.06M 139136.2
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (All)
7.23% 49.00% -12.58M Upgrade

Basic Info

Investment Strategy
The Fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its managed assets in floating rate debt securities, including floating or variable rate debt securities that pay interest at rates that adjust whenever a specified interest rate changes and/or which reset on predetermined dates. The Fund invests a substantial portion of its investments in floating rate debt securities consisting of secured or unsecured senior floating rate loans that are rated below investment grade at the time of investment.
General
Security Type Closed-End Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name Bank Loan
Category Index Morningstar LSTA US LL TR USD
Global Category Name US Fixed Income
YCharts Categorization US Fixed Income
YCharts Benchmark Bloomberg US Aggregate (^BBUSATR)
Prospectus Objective Corporate Bond - General
Fund Owner Firm Name BlackRock
Prospectus Benchmark Index
Morningstar LSTA US LL TR USD 100.0%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
Abigail Parzanese 1.08 yrs
Carly Wilson 1.08 yrs
David Delbos 1.08 yrs

Net Fund Flows Versus Category

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1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: --
-- Category Low
-- Category High
1 Year
% Rank: 26
-12.58M
-2.849B Category Low
569.10M 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
As of January 31, 2012

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)
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--
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Category Rtn. (NAV)
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% Rank in Cat (NAV)
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As of February 03, 2023. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2016
2017
2018
2019
2020
2021
2022
YTD
18.69%
0.76%
-8.79%
20.82%
-2.44%
17.79%
-10.58%
8.22%
2.65%
3.54%
0.01%
8.72%
7.51%
-1.54%
-13.01%
3.02%
19.39%
3.90%
-12.28%
18.97%
-0.84%
25.90%
-16.55%
8.24%
87.99%
10.69%
-10.05%
23.83%
1.52%
19.36%
-15.48%
8.97%
34.12%
0.48%
-15.07%
19.54%
-6.67%
25.35%
-15.96%
11.69%
26.48%
2.83%
-9.46%
16.94%
-5.76%
21.87%
-15.08%
10.25%
As of February 03, 2023.

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (2-3-23) 7.23%
30-Day SEC Yield --
7-Day SEC Yield (10-28-10) Upgrade
Number of Holdings Upgrade
Bond
Current Yield 6.55%
Yield to Maturity --
Effective Duration --
Average Coupon Upgrade
Average Credit Score Upgrade
Average Price --
As of June 30, 2022

Asset Allocation

As of June 30, 2022.
Type % Net % Long % Short
Cash 0.54% Upgrade Upgrade
Stock 0.17% Upgrade Upgrade
Bond 99.18% Upgrade Upgrade
Convertible 0.11% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Top 10 Holdings

Name % Weight Price % Change
INMARSAT PLC / CONNECT US FINCO
1.40% -- --
DUFF & PHELPS / DEERFIELD DAKOTA H
1.32% -- --
REALPAGE INC
1.32% -- --
GALDERMA(SUNSHINE LUX)/NESTLE
1.28% -- --
PERATON CORP
1.22% -- --
CUBIC CORP / ATLAS CC ACQUISITION
1.14% -- --
PETSMART INC
1.13% -- --
INFORMATICA LLC
1.11% -- --
GENESYS (GREENEDEN US HOLDINGS)
1.09% -- --
ZAYO GROUP HOLDING / FRONT RANGE
1.06% -- --

Basic Info

Investment Strategy
The Fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its managed assets in floating rate debt securities, including floating or variable rate debt securities that pay interest at rates that adjust whenever a specified interest rate changes and/or which reset on predetermined dates. The Fund invests a substantial portion of its investments in floating rate debt securities consisting of secured or unsecured senior floating rate loans that are rated below investment grade at the time of investment.
General
Security Type Closed-End Fund
Equity Style --
Fixed Income Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name Bank Loan
Category Index Morningstar LSTA US LL TR USD
Global Category Name US Fixed Income
YCharts Categorization US Fixed Income
YCharts Benchmark Bloomberg US Aggregate (^BBUSATR)
Prospectus Objective Corporate Bond - General
Fund Owner Firm Name BlackRock
Prospectus Benchmark Index
Morningstar LSTA US LL TR USD 100.0%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
Abigail Parzanese 1.08 yrs
Carly Wilson 1.08 yrs
David Delbos 1.08 yrs

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (2-3-23) 7.23%
30-Day SEC Yield --
7-Day SEC Yield (10-28-10) Upgrade
Number of Holdings Upgrade
Bond
Current Yield 6.55%
Yield to Maturity --
Effective Duration --
Average Coupon Upgrade
Average Credit Score Upgrade
Average Price --
As of June 30, 2022

Fund Details

Key Dates
Inception Date 10/31/2003
Last Annual Report Date 12/31/2021
Last Prospectus Date 10/28/2003
Attributes
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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