BlackRock Dynamic High Income has satisfied the mandate embedded in its name but struggled to do so in a risk conscious way relative to its comparative set. Across varied recent market environments, the strategy’s approach translated to a bumpy ride for investors, prompting a downgrade of its Process rating to Below Average from Average. It receives a Morningstar Medalist Rating of Neutral across all share classes and vehicles.
BlackRock Dynamic High Income Inv C BDHCX
- NAV / 1-Day Return 8.34 / +0.02 %
- Total Assets 1.1 Bil
-
Adj. Expense Ratio
1.680%
- Expense Ratio 1.680%
- Distribution Fee Level Average
- Share Class Type Level Load
- Category Moderate Allocation
- Investment Style Large Blend
- Credit Quality / Interest Rate Sensitivity Low/Limited
- Status Open
- TTM Yield 5.59%
- Turnover 66%
USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:12 PM GMT+0
Morningstar’s Analysis BDHCX
Will BDHCX 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 23.7
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Us 5Yr Note Jun 24 | 12.70 | 144.1 Mil | Government |
BlackRock Liquidity T-Fund Instl | 4.52 | 51.2 Mil | Cash and Equivalents |
EUR/USD Purchased | 4.03 | 45.8 Mil | Derivative |
Eur/Usd Future (Cme) Mar 24 | 3.87 | 43.9 Mil | Derivative |
iShares Core Dividend Growth ETF | 3.70 | 42.0 Mil | — |
Gbp/Usd Future (Cme) Mar 24 | 3.10 | 35.2 Mil | Derivative |
Euro Bund Future Mar 24 | 2.83 | 32.2 Mil | Government |
BlackRock Floating Rate Income K | 2.61 | 29.7 Mil | — |
J.P. Morgan Structured Products B.V. | 0.95 | 10.8 Mil | Corporate |
Citigroup Global Markets Holdings Inc. | 0.89 | 10.1 Mil | Cash and Equivalents |