Returns Chart

Key Stats

Net Expense Ratio Total Assets Under Management Weighted Average Dividend Yield Turnover Ratio (Generic)
2.45% -- -- 45.00%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized Total Returns Since Inception (Daily) Max Drawdown (Since Inception)
-- 4.51% Upgrade Upgrade

Basic Info

Investment Strategy
The Fund seeks to provide high income and attractive risk-adjusted returns. The Fund intends to invest at least 80% of its Managed Assets in fixed-income securities, with an emphasis on public and private corporate credit. The Fund intends to invest across multiple credit sectors and employ multiple strategies.
General
Security Type Unlisted Closed-End Fund
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Bond USD
Peer Group General Bond Funds
Global Macro Bond HC
US Macro General Domestic Taxable Fixed Income Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective General Bond Funds
Fund Owner Firm Name BlackRock
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

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Net Fund Flows Versus Peer Group

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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: --
-1.133B Peer Group Low
425.49M Peer Group High
1 Year
% Rank: --
-1.423B Peer Group Low
10.92B Peer Group High
3 Months
% Rank: --
-1.604B Peer Group Low
238.71M Peer Group High
3 Years
% Rank: --
-9.576B Peer Group Low
19.76B Peer Group High
6 Months
% Rank: --
-241.16M Peer Group Low
6.448B Peer Group High
5 Years
% Rank: --
-5.109B Peer Group Low
53.46B Peer Group High
YTD
% Rank: --
-612.38M Peer Group Low
10.72B Peer Group High
10 Years
% Rank: --
-17.59B Peer Group Low
77.83B Peer Group High
Date Unavailable

Performance Versus Peer Group

 
20%
15%
10%
5%
0
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
Peer Group Rtn. (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
% Rank in Peer Group (NAV)
5.0
5.0
5.0
5.0
5.0
5.0
5.0
5.0
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Annual Total Returns Versus Peers

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Name
2018
2019
2020
2021
2022
2023
2024
YTD
--
--
--
--
-8.76%
11.27%
7.45%
4.84%
0.01%
8.72%
7.51%
-1.54%
-13.01%
5.53%
1.25%
7.11%
-0.43%
12.64%
2.86%
13.17%
-3.38%
4.82%
5.93%
4.17%
6.45%
6.45%
6.43%
5.95%
0.73%
14.17%
13.59%
10.31%
4.89%
7.55%
1.41%
14.89%
-3.14%
11.87%
11.01%
7.64%
--
--
--
--
--
--
10.25%
9.53%
As of December 05, 2025.

Fundamentals

General
Distribution Yield --
Dividend Yield TTM (12-3-25) 8.29%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings 1427
Bond
Yield to Maturity (6-30-25) 6.87%
Effective Duration 0.81
Average Coupon 7.16%
Calculated Average Quality 5.420
Effective Maturity 4.903
Nominal Maturity 5.272
Number of Bond Holdings 1355
As of June 30, 2025

Asset Allocation

As of June 30, 2025.
Type % Net
Cash 4.10%
Stock 2.34%
Bond 104.4%
Convertible 0.00%
Preferred 0.95%
Other -11.75%
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Top 10 Holdings

Name % Weight Price % Change
BlackRock Liquidity T-Fund Institutional 6.46% 1.00 0.00%
Oravel Stays Private Ltd [OYO Rooms] 20-DEC-2029
1.50% -- --
Twitter Inc FRN 26-Oct-2029
1.39% -- --
Delivery Hero SE [Ex-Delivery Hero Holding GmbH] 12-DEC-2029
1.36% -- --
Diversified Healthcare Trust DIVERHE 4.75 02/15/2028 FIX USD Corporate 1.34% 96.12 0.22%
Digicel Intermediate Holdings Limited DIGIINAC 05/25/2027 FIX USD Corporate (Called) 1.16% 100.56 0.10%
THE BEAUTY HEALTH COMPANY TBEAUT 7.95 11/15/2028 FIX USD Corporate 144A 1.09% 107.10 -0.10%
Ligado Networks LLC FRN 31-Dec-2049
1.06% -- --
WINDSTREAM SERVICES, LLC WSERVI 6.5 02/15/2029 FIX USD Corporate 144A 0.97% 95.72 0.36%
Cash and Cash Equivalents
0.93% -- --

Fees & Availability

Fees
Actual 12B-1 Fee 0.75%
Actual Management Fee 1.08%
Administration Fee --
Maximum Front Load --
Maximum Deferred Load --
Maximum Redemption Fee --
General Availability
Available for Insurance Product No
Available for RRSP No
Purchase Details
Open to New Investors Yes
Minimum Initial Investment 2500.00 None
Minimum Subsequent Investment 0.00 None

Basic Info

Investment Strategy
The Fund seeks to provide high income and attractive risk-adjusted returns. The Fund intends to invest at least 80% of its Managed Assets in fixed-income securities, with an emphasis on public and private corporate credit. The Fund intends to invest across multiple credit sectors and employ multiple strategies.
General
Security Type Unlisted Closed-End Fund
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Bond USD
Peer Group General Bond Funds
Global Macro Bond HC
US Macro General Domestic Taxable Fixed Income Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective General Bond Funds
Fund Owner Firm Name BlackRock
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

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Fundamentals

General
Distribution Yield --
Dividend Yield TTM (12-3-25) 8.29%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings 1427
Bond
Yield to Maturity (6-30-25) 6.87%
Effective Duration 0.81
Average Coupon 7.16%
Calculated Average Quality 5.420
Effective Maturity 4.903
Nominal Maturity 5.272
Number of Bond Holdings 1355
As of June 30, 2025

Fund Details

Key Dates
Inception Date --
Last Annual Report Date 12/31/2024
Last Prospectus Date 11/12/2024
Share Classes
CRDAX A
CRDJX Other
CRDWX Other
CREDX Inst
Attributes
Index Fund --
Inverse Fund No
Leveraged Fund Yes
Fund of Funds No
Currency Hedged Fund --
Synthetic Replication Fund No

Top Portfolio Holders

Name % Weight
Portfolio A 5.00%
Portfolio B 3.50%
Portfolio C 2.25%
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