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BlackRock Global Long/Short Credit K BDMKX

Analyst rating as of
NAV / 1-Day Return
10.16  /  0.10 %
Total Assets
1.6 Bil
Adj. Expense Ratio
1.060%
Expense Ratio
1.780%
Fee Level
High
Longest Manager Tenure
9.54 years
Category
Long-Short Credit
Alt Style Correlation / Relative Volatility
High / Low
Min. Initial Investment
5,000,000
Status
Open
TTM Yield
3.94%
Turnover
232%
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Morningstar’s Analysis

Will BDMKX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

An experienced team with deep resources are not enough.

Senior Analyst

Summary

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BlackRock Global Long/Short Credit benefits from a seasoned team that utilizes the firm’s deep credit resources, but a portfolio construction process that lacks definition and the team’s mixed success with tactical-allocation calls dampen our confidence in its ability to outperform. It earns a Morningstar Analyst Rating of Neutral for the cheaper share classes, while its most-expensive share class is rated Negative.

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