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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
1.67% -2.81% 489.73M 152430.1
Dividend Yield Turnover Ratio 1 Year Fund Level Flows Max Drawdown (All)
5.23% 65.00% -12.58M Upgrade

Basic Info

Investment Strategy
The Fund is a diversified closed-end investment management company that seeks a high level of current income with the secondary objective of preservation of capital. Under normal market conditions, it invests at least 80% of its assets in floating rate debt securities and instruments. There is no limitation to investment in senior floating rate loans and other floating or fixed rate debt securities and instruments that are rated below investment grade by the established rating services. However, it may not invest more than 10% of its total assets in securities and instruments that are rated Caa1 / CCC+ or lower. The Fund intends to leverage its portfolio up to 30% of the value of its total assets through borrowings, the issuance of debt securities or preferred stock or a combination thereof.
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
Credit Suisse Leveraged Loan USD 100.0%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
Joshua Tarnow 5.52 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: 83
-12.58M
-347.25M Category Low
6.218B 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 November 26, 2021. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2014
2015
2016
2017
2018
2019
2020
YTD
-2.71%
2.28%
18.69%
0.76%
-8.29%
20.82%
-2.44%
17.33%
5.97%
0.55%
2.65%
3.54%
0.01%
8.72%
7.51%
-1.48%
-2.02%
3.11%
19.39%
3.90%
-11.96%
18.97%
-0.84%
23.14%
0.50%
-2.24%
20.31%
10.69%
-10.05%
23.83%
1.52%
17.03%
-1.34%
-6.68%
34.12%
0.48%
-15.07%
19.54%
-6.67%
22.45%
-2.32%
-5.80%
26.48%
2.83%
-9.46%
16.94%
-5.76%
22.74%
As of November 26, 2021.

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (11-26-21) 5.23%
30-Day SEC Yield --
7-Day SEC Yield (10-28-10) Upgrade
Number of Holdings Upgrade
Bond
Current Yield 5.18%
Yield to Maturity --
Effective Duration --
Average Coupon Upgrade
Average Credit Score Upgrade
Average Price --
As of June 30, 2021

Asset Allocation

As of June 30, 2021.
Type % Net % Long % Short
Cash 0.55% Upgrade Upgrade
Stock 0.18% Upgrade Upgrade
Bond 99.08% Upgrade Upgrade
Convertible 0.19% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Top 10 Holdings

Name % Weight Price % Change
Inmarsat Plc / Connect Us Finco
1.69% -- --
Informatica Llc
1.61% -- --
Galderma(Sunshine Lux)/Nestle
1.37% -- --
Veritas Us Inc
1.36% -- --
Zayo Group Holding / Front Range
1.34% -- --
Peraton Corp
1.29% -- --
Grab Technology Llc
1.22% -- --
Cubic Corp / Atlas Cc Acquisition
1.19% -- --
Clear Channel Outdoor Holdings Inc
1.19% -- --
The Dun & Bradstreet Corp
1.15% -- --

Basic Info

Investment Strategy
The Fund is a diversified closed-end investment management company that seeks a high level of current income with the secondary objective of preservation of capital. Under normal market conditions, it invests at least 80% of its assets in floating rate debt securities and instruments. There is no limitation to investment in senior floating rate loans and other floating or fixed rate debt securities and instruments that are rated below investment grade by the established rating services. However, it may not invest more than 10% of its total assets in securities and instruments that are rated Caa1 / CCC+ or lower. The Fund intends to leverage its portfolio up to 30% of the value of its total assets through borrowings, the issuance of debt securities or preferred stock or a combination thereof.
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
Credit Suisse Leveraged Loan USD 100.0%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
Joshua Tarnow 5.52 yrs

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (11-26-21) 5.23%
30-Day SEC Yield --
7-Day SEC Yield (10-28-10) Upgrade
Number of Holdings Upgrade
Bond
Current Yield 5.18%
Yield to Maturity --
Effective Duration --
Average Coupon Upgrade
Average Credit Score Upgrade
Average Price --
As of June 30, 2021

Fund Details

Key Dates
Inception Date 10/31/2003
Last Annual Report Date 12/31/2020
Last Prospectus Date 10/28/2003
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