Morningstar

BlackRock Credit Relative Value Fund Institutional Shares BGCIX

Morningstar Medalist Rating
Medalist Rating as of | See BlackRock Investment Hub
  • NAV / 1-Day Return 9.19  /  0.00
  • Total Assets 1.0B
  • Adj. Expense Ratio
    1.390%
  • Expense Ratio 1.370%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Nontraditional Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 2M
  • Status Open
  • TTM Yield 5.74%
  • Effective Duration 0.91 years

USD | NAV as of Jul 18, 2026 | 1-Day Return as of Jul 18, 2026, 12:11 AM GMT+0

Morningstar’s Analysis BGCIX

Will BGCIX outperform in the 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 BGCIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the BGCIX 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 BGCIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

BlackRock Credit Relative Value Instl holds a quantitatively derived Bronze Morningstar Medalist Rating. The rating reflects that it has scored better than the norm on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings BGCIX

More BGCIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 15.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cash Offset

21.32 178M
—

BlackRock Liquidity T-Fund Instl

16.40 137M
Cash and Equivalents

ICE: (CDX.NA.IG.46.V1)

12.53 105M
Derivative

Jul26 Duu6 C @ 106.0

2.78 23M
—

CDS: (ITRAXX.XO.44 35-100%)

2.74 23M
Derivative

Us 2Yr Note Sep 26

2.72 23M
Government

CASH COLLATERAL USD MLISW

2.59 22M
Cash and Equivalents

USD CASH(Committed)

2.01 17M
Cash and Equivalents

CDS: (ITRAXX.XO.42.V3 20-35%)

2.00 17M
Derivative

British Airways Pass Through Trust Prvt

1.94 16M
Corporate

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