BlackRock Global Long/Short Credit Fund

U.S. News evaluated 53 Nontraditional Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 6.94 percent over the past year.

Trailing Returns Updated 04.30.2013
Year to date 1.9%
1 Year 6.9%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks absolute total returns over a complete market cycle. The fund invests at least 80% of its total assets in credit-related instruments, foreign government and supranational debt securities, corporate bonds, mortgage-related securities and asset-backed securities, collateralized debt and loan obligations, 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.

Fees

Fees are Low compared to funds in the same category.
BlackRock Global Long/Short Credit Fund has an expense ratio of 1.39 percent.

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Risk

Risk is N/A compared to funds in the same category according to Morningstar.

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