BlackRock Global Long/Short Credit Absolute Return Credit
BLK Global Long/Short Credit Fund Positioning as of 3/31/18
Symbols I: BGCIX A: BGCAX C: BGCCX
Long and short ideas expressed through idiosyncratic (name-specific) positions and broad market exposures
Top Issuer Exposure
Long
iTraxx European Senior Financials Index
iTraxx European Main Index
CenturyLink Inc
iTraxx European Subordinated Financials Index
Next Luxembourg SCSP
Valeant Pharmaceuticals International Inc
Manta Holdings PLC
HSBC Holdings PLC
Unicredit SPA
Rite Aid Corporation
6.18%
5.55%
2.68%
2.38%
2.27%
1.97%
1.85%
1.70%
1.51%
1.45%
Top Issuer Exposure
Short
iTraxx European Crossover High Yield Index
iTraxx European Senior Financials Index
JPMorgan Chase & Co
U.S. Investment Grade CDX
iShares iBoxx High Yield Corporate Bond ETF
iTraxx European Senior Financials Index
Vodafone Group PLC
Celgene Corporation
Raytheon Company
The Goldman Sachs Group Inc
-3.50%
-2.92%
-2.64%
-2.38%
-1.99%
-1.16%
-1.11%
-0.96%
-0.95%
-0.87%
As of 3/31/18. Holdings can change at any time and are provided for informational purposes only and should not be deemed as a recommendation to buy or sell the securities
mentioned or securities in the industries shown above. Includes only credit positions and excludes all interest rate and currency hedges.
BLACKROCK®
FOR FINANCIAL PROFESSIONAL USE ONLY. NOT TO BE SHOWN OR DISTRIBUTED TO THE GENERAL PUBLIC.
USR0418U-470515-1498457
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