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Morningstar

BlackRock Global Long/Short Credit K BDMKX

Morningstar Medalist Rating
Medalist Rating as of | See BlackRock Investment Hub
  • NAV / 1-Day Return 9.09  /  +0.11 %
  • Total Assets 871.8 Mil
  • Adj. Expense Ratio
    1.100%
  • Expense Ratio 1.400%
  • Distribution Fee Level High
  • Share Class Type Retirement, Large
  • Category Nontraditional Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 5.0 Mil
  • Status Open
  • TTM Yield 3.35%
  • Effective Duration 1.01 years

USD | NAV as of Apr 23, 2024 | 1-Day Return as of Apr 23, 2024, 10:09 PM GMT+0

Morningstar’s Analysis BDMKX

Will BDMKX outperform in future?

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

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable BDMKX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the BDMKX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of BDMKX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A sound investment process and strong management team underpin BlackRock Global Long/ Short Credit K's Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings BDMKX

More BDMKX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 13.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

EUR/USD Purchased

29.99 306.6 Mil
Derivative

Cash Offset

13.94 142.5 Mil
—

BlackRock Liquidity T-Fund Instl

10.10 103.3 Mil
Cash and Equivalents

GBP/USD Purchased

4.95 50.6 Mil
Derivative

CASH COLLATERAL USD MLISW

2.13 21.7 Mil
Cash and Equivalents

British Airways Pass Through Trust Prvt

2.06 21.1 Mil
Corporate

Callon Petroleum Company

2.01 20.5 Mil
Corporate

SCDS: (VZ)

1.47 15.0 Mil
Derivative

Lions Gate Capital Holdings LLC

1.35 13.8 Mil
Corporate

Spirit AeroSystems Inc

1.25 12.8 Mil
Corporate