Skip to Content
Morningstar

BlackRock Global Long/Short Credit Instl BGCIX

Morningstar Medalist Rating
Medalist Rating as of | See BlackRock Investment Hub
  • NAV / 1-Day Return 9.27  /  0.00
  • Total Assets 844.7 Mil
  • Adj. Expense Ratio
    1.190%
  • Expense Ratio 1.490%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Nontraditional Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 2.0 Mil
  • Status Open
  • TTM Yield 3.20%
  • Effective Duration 0.93 years

USD | NAV as of Jul 05, 2024 | 1-Day Return as of Jul 05, 2024, 10:18 PM GMT+0

Morningstar’s Analysis BGCIX

Will BGCIX 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 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.

A sound investment process and strong management team underpin BlackRock Global Long/ Short Credit Instl'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

Unlock our full analysis with Morningstar Investor

Portfolio Holdings BGCIX

More BGCIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 13.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

EUR/USD Purchased

35.34 306.6 Mil
Derivative

Cash Offset

13.18 114.3 Mil
—

BlackRock Liquidity T-Fund Instl

5.99 52.0 Mil
Cash and Equivalents

GBP/USD Purchased

5.83 50.6 Mil
Derivative

CASH COLLATERAL USD MLISW

2.51 21.7 Mil
Cash and Equivalents

British Airways Pass Through Trust Prvt

2.45 21.2 Mil
Corporate

Lions Gate Capital Holdings 1 Inc.

1.84 15.9 Mil
Corporate

SCDS: (VZ)

1.73 15.0 Mil
Derivative

Frontier Communications Holdings Llc

1.36 11.8 Mil
Corporate

Palomino Funding Trust I

1.31 11.3 Mil
Corporate