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Name

As of 06/02/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

BlackRock Credit Relative Value Fund

BGCIX | Fund

$9.17

$802 M

5.75%

$0.53

1.43%

Vitals

YTD Return

1.3%

1 yr return

4.8%

3 Yr Avg Return

7.3%

5 Yr Avg Return

0.9%

Net Assets

$802 M

Holdings in Top 10

22.9%

52 WEEK LOW AND HIGH

$9.2
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.43%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 06/02/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

BlackRock Credit Relative Value Fund

BGCIX | Fund

$9.17

$802 M

5.75%

$0.53

1.43%

BGCIX - Profile

Distributions

  • YTD Total Return 1.3%
  • 3 Yr Annualized Total Return 7.3%
  • 5 Yr Annualized Total Return 0.9%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 5.7%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    BlackRock Credit Relative Value Fund
  • Fund Family Name
    BlackRock-advised Funds
  • Inception Date
    Sep 30, 2011
  • Shares Outstanding
    N/A
  • Share Class
    Instl
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

The Fund seeks to provide absolute total returns over a complete market cycle through diversified long and short exposure to the global fixed-income markets. A complete market cycle for fixed income funds such as the Fund is typically three to five years.
Under normal circumstances, the Fund invests at least 80% of its total assets in credit-related instruments. Credit-related instruments include, but are not limited to, U.S. Government and agency securities, foreign government and supranational debt securities, corporate bonds, including bonds of companies principally engaged in the aircraft or air transportation industries, mortgage-related securities and asset-backed securities, collateralized debt and loan obligations, including bonds collateralized by aircraft and/or aircraft equipment, emerging market debt securities, preferred securities, structured products, mezzanine securities, senior secured floating rate and fixed rate loans or debt, second lien or other subordinated or unsecured floating rate and fixed rate loans or debt, convertible debt securities, and derivatives with similar economic characteristics. The Fund’s investments in derivatives will be counted toward the Fund’s 80% policy to the extent that they provide investment exposure to the securities included within that policy or to one or more market risk factors associated with such securities. The Fund may invest in fixed, variable and floating rate instruments, including participations and assignments, of any duration or maturity.
The Fund may invest without limit in credit-related instruments rated below investment grade or deemed equivalent by Fund management, which are commonly referred to as “junk bonds.”
The Fund may invest in foreign securities (including emerging markets) without limit.
The Fund may invest in non-U.S. dollar denominated investments, including investments denominated in European and Asian currencies and in other non-U.S. and emerging market currencies. The Fund’s investments in non-U.S. dollar based assets may be made on a currency hedged or unhedged basis.
The Fund may invest up to 20% of its total assets in equity instruments, including common stock, depositary receipts, rights, warrants and other instruments whose price is linked to the value of common stock. The Fund may hold long or short positions in equity instruments, and may invest in equity instruments of issuers of any market capitalization.
The Fund may also gain both long and short exposure to credit-related instruments by entering into a series of purchase and sale contracts or by investing in, among other instruments, swaps, including total return, credit default, index and interest rate swaps; options; forward contracts; futures contracts and options on futures contracts that provide long or short exposure to other credit obligations; credit-linked notes that provide long or short exposure to other credit obligations; repurchase agreements; reverse repurchase agreements; dollar rolls; exchange-traded funds and closed-end registered investment companies, which may be managed by BlackRock or one of its affiliates; and other similar transactions.
The Fund may engage in short sales for hedging purposes or to enhance total return. The Fund also may make short sales “against the box” without limitation. In this type of short sale, at the time of the sale, the Fund owns or has the immediate and unconditional right to acquire the identical security at no additional cost.
As part of its normal operations, the Fund may hold high quality money market securities and invest in money market funds, including affiliated money market funds, pending investments or when it expects to need cash to pay redeeming shareholders. The Fund also may invest in these securities in order to achieve its investment goal. Money market securities are short term securities consisting primarily of short term U.S. Government securities, U.S. Government agency securities, securities issued by U.S. Government sponsored enterprises and U.S. Government instrumentalities, bank obligations, commercial paper, including asset backed commercial paper, corporate notes and repurchase agreements.
Fund management employs a credit relative value framework that looks at the credit spectrum as a whole (e.g., by using credit spread relationships as a proxy for determining relative value) as well as within and across capital structures, or at opportunity sets across the credit spectrum in the case of narrower spreads.
The Fund may engage in active and frequent trading of portfolio securities to achieve its primary investment strategies.
The Fund may borrow from banks for investment purposes.
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BGCIX - Performance

Return Ranking - Trailing

Period BGCIX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.3% N/A N/A N/A
1 Yr 4.8% N/A N/A N/A
3 Yr 7.3%* N/A N/A N/A
5 Yr 0.9%* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period BGCIX Return Category Return Low Category Return High Rank in Category (%)
2025 0.7% N/A N/A N/A
2024 1.2% N/A N/A N/A
2023 5.3% N/A N/A N/A
2022 -15.0% N/A N/A N/A
2021 -0.1% N/A N/A N/A

Total Return Ranking - Trailing

Period BGCIX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.3% N/A N/A N/A
1 Yr 4.8% N/A N/A N/A
3 Yr 7.3%* N/A N/A N/A
5 Yr 0.9%* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period BGCIX Return Category Return Low Category Return High Rank in Category (%)
2025 6.5% N/A N/A N/A
2024 8.5% N/A N/A N/A
2023 8.9% N/A N/A N/A
2022 -15.0% N/A N/A N/A
2021 -0.1% N/A N/A N/A

NAV & Total Return History

BGCIX - Holdings

Concentration Analysis

BGCIX Category Low Category High BGCIX % Rank
Net Assets 802 M N/A N/A N/A
Number of Holdings 849 N/A N/A N/A
Net Assets in Top 10 184 M N/A N/A N/A
Weighting of Top 10 22.91% N/A N/A N/A

Top 10 Holdings

  1. BlackRock Liquidity Funds, T-Fund, Institutional Class 8.74%
  2. Beignet Investor LLC 2.18%
  3. British Airways Pass-Through Trust, Series 2013-1, Class A 2.07%
  4. Starz Capital Holdings 1, Inc. 2.05%
  5. Frontier Communications Holdings LLC 1.46%
  6. Palomino Funding Trust I 1.43%
  7. Altar Bidco, Inc., 2nd Lien Term Loan 1.35%
  8. Alexander Funding Trust II 1.33%
  9. CIFC European Funding CLO II DAC, Series 2X, Class AR 1.24%
  10. Flourishing Trade Investment Ltd. 1.07%

Asset Allocation

Weighting Return Low Return High BGCIX % Rank
Bonds 		83.55% N/A N/A N/A
Cash 		9.85% N/A N/A N/A
Other 		4.92% N/A N/A N/A
Stocks 		1.12% N/A N/A N/A
Preferred Stocks 		0.56% N/A N/A N/A
Convertible Bonds 		0.00% N/A N/A N/A

Stock Sector Breakdown

Weighting Return Low Return High BGCIX % Rank
Utilities 		0.00% N/A N/A N/A
Technology 		0.00% N/A N/A N/A
Real Estate 		0.00% N/A N/A N/A
Industrials 		0.00% N/A N/A N/A
Healthcare 		0.00% N/A N/A N/A
Financial Services 		0.00% N/A N/A N/A
Energy 		0.00% N/A N/A N/A
Communication Services 		0.00% N/A N/A N/A
Consumer Defense 		0.00% N/A N/A N/A
Consumer Cyclical 		0.00% N/A N/A N/A
Basic Materials 		0.00% N/A N/A N/A

Stock Geographic Breakdown

Weighting Return Low Return High BGCIX % Rank
US 		1.04% N/A N/A N/A
Non US 		0.08% N/A N/A N/A

Bond Sector Breakdown

Weighting Return Low Return High BGCIX % Rank
Cash & Equivalents 		9.55% N/A N/A N/A
Securitized 		0.00% N/A N/A N/A
Corporate 		0.00% N/A N/A N/A
Municipal 		0.00% N/A N/A N/A
Government 		0.00% N/A N/A N/A
Derivative 		-0.06% N/A N/A N/A

Bond Geographic Breakdown

Weighting Return Low Return High BGCIX % Rank
US 		45.43% N/A N/A N/A
Non US 		38.12% N/A N/A N/A

BGCIX - Expenses

Operational Fees

BGCIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.43% N/A N/A N/A
Management Fee 0.95% N/A N/A N/A
12b-1 Fee N/A N/A N/A N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

BGCIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

BGCIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

BGCIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

BGCIX - Distributions

Dividend Yield Analysis

BGCIX Category Low Category High BGCIX % Rank
Dividend Yield 5.75% N/A N/A N/A

Dividend Distribution Analysis

BGCIX Category Low Category High Category Mod
Dividend Distribution Frequency Annual

Net Income Ratio Analysis

BGCIX Category Low Category High BGCIX % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

BGCIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

View More +

BGCIX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A

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