BlackRock Allocation Target Shares Series P

Class Other (BATPX)

U.S. News evaluated 75 Nontraditional Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

See all BlackRock funds

See full Nontraditional Bond rankings

See more fund rankings

Performance

Trailing Returns Updated 02.28.2014
Year to date -2.7%
1 Year N/A
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

See more BATPX performance

Summary

The investment seeks to provide a duration that is the inverse of its benchmark. The fund will seek to pursue its investment objective primarily by engaging in short sales of U.S. Treasury securities and by investing in derivative instruments that provide returns that are inverse to those available by investing directly in U.S. Treasury securities. Derivative instruments that it may invest in include, but are not limited to, futures (including U.S. Treasury futures), options, forward contracts and/or swaps, including interest rate swaps, swaptions and total return swaps. The fund is non-diversified.