Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.
BlackRock Floating Rate Income Inv C BFRCX
- NAV / 1-Day Return 9.72 / +0.16 %
- Total Assets 4.2 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.700%
- Distribution Fee Level Below Average
- Share Class Type Level Load
- Category Bank Loan
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 7.79%
- Effective Duration 0.07 years
USD | NAV as of May 03, 2024 | 1-Day Return as of May 03, 2024, 10:09 PM GMT+0
Morningstar’s Analysis BFRCX
Will BFRCX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 8.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
BlackRock Liquidity T-Fund Instl | 10.19 | 398.0 Mil | Cash and Equivalents |
ICE: (CDX.NA.HY.40.V2) | 3.03 | 118.2 Mil | Derivative |
Dun & Bradstreet (Dun & Bradstreet Tl-B2 | 1.09 | 42.7 Mil | Corporate |
Citrix(Cloud Software Group Inc) Tl-B | 1.02 | 39.9 Mil | Corporate |
TRSWAP: IBXXLLTR INDEX | 0.86 | 33.4 Mil | — |
Alliant Holdings Intermediate Llc Tl-B6 | 0.84 | 32.9 Mil | Corporate |
TRSWAP: IBXXLLTR INDEX | 0.80 | 31.4 Mil | — |
Solera Llc (Polaris Newco Llc) Tl-B | 0.75 | 29.4 Mil | Corporate |
Fertitta Entertainment Llc Tl-B | 0.74 | 28.7 Mil | Corporate |
Tropicana (Naked Juice/Bengal) Tl-B | 0.72 | 28.0 Mil | Corporate |