BFRIX – BlackRock Floating Rate Income Instl Investment Strategy | Morningstar

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Strategy

The investment seeks to provide high current income, with a secondary objective of long-term capital appreciation. The fund normally invests at least 80% of its assets in floating rate investments and investments that are the economic equivalent of floating rate investments, which effectively enables the fund to achieve a floating rate of income. It may also purchase, without limitation, participations or assignments in senior floating rate loans or second lien floating rate loans.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
BFRIX	BlackRock Floating Rate Income Fund Institutional shares	Institutional	Open			Mar 18, 2011	$1.56B	0.700%	Below Average	$2M	−$713.13M
BFRAX	BlackRock Floating Rate Income Portfolio Investor A Shares	Front Load	Open			Nov 3, 1989	$274.95M	0.960%	Low	$1,000	−$49.64M
BFRCX	BlackRock Floating Rate Income Fund Investor C shares	Level Load	Open			Mar 18, 2011	$22.12M	1.690%	Below Average	$1,000	−$7.63M
BFRKX	BlackRock Floating Rate Income Fund Class K	Retirement, Large	Open			Mar 28, 2016	$439.38M	0.620%	Below Average	$5M	−$211.05M

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