BlackRock Global Long/Short Credit Absolute Return Credit
BLK Global Long/Short Credit Performance as of 3/31/18
Symbols I: BGCIX A: BGCAX
A: BGCAX C: BGCCX
Total Returns (%)
BLK Global Long/Short Credit Fund
(Institutional)
BLK Global Long/Short Credit Fund
(Inv. A@NAV)
BLK Global Long/Short Credit Fund
(Inv. A @MSC)
Bbg Barclays US Aggregate Bond Index
iShares Core US Aggregate Bond ETF
(AGG) (Total Return)
iShares Core US Aggregate Bond ETF
(AGG) (Mkt Price Return)
BofA Merrill Lynch 3-Month Treasury Bill
MTD*
-0.38
BLACKROCK®
-0.48
-4.46
1Q18
0.48 2.84
1
3
Year Year
-3.63
0.39 2.49 1.32
0.64 -1.46
-1.61
1.20
1.57 2.02
5
Year
1.76
-0.05 0.93
1.20 1.82
0.71 -1.48 1.18 1.13
0.62 -1.49 1.15 1.12 1.77
1.74
0.14 0.35 1.11 0.53 0.34
Since
Inception
(9/30/11)
2.86
2.60
1.95
1
1
Morningstar Global Long/Short Credit
Category Rankings
(Institutional Shares)
1 year
30th % ile
3 years
51 st % ile
5 years
27th % ile
Morningstar Overall Rating® (Institutional)¹
★★★
¹Rated against 35 Global Long/Short Credit Funds, as of 3/31/18,
based on risk adjusted total return. Ratings are determined
monthly and subject to change. The Overall Morningstar Rating
for a fund is derived from a weighted average of the performance
figures associated with its 3-, 5- and 10-year (if applicable)
Morningstar Rating metrics.
Performance data quoted represents past performance and does not guarantee future results. Investment returns and principal values may fluctuate so
that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than that
shown. All returns assume reinvestment of all dividend and capital gain distributions. Refer to www.blackrock.com for current month-end performance.
Investment returns reflect total fund operating expenses, net of all fees, waivers and/or expense reimbursements.
Returns include reinvestment of dividends and capital gains. Maximum sales charge for Global Long/Short Credit Fund Investor A is 4.00%. Expenses stated as of the fund's most recent
prospectus including Total / Net, Including Investment Related Expenses: Institutional, 1.87% / 1.87%; Investor A, 2.14% / 2.14% / Investment dividend expense, interest expense, acquired
fund fees and expenses and certain other fund expenses are included in the Net, Including Investment Related expenses. Other classes of shares with differing fees and expenses are
available. BlackRock has agreed to contractually waive or reimburse certain fees and expenses until 11/30/18. Contractual waivers are terminable upon 90 days notice by the fund's
independent trustees or majority vote of outstanding fund securities. Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund.
Brokerage commissions will reduce returns. Market returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. Eastern time (when NAV is normally determined for most ETFs),
and do not represent the returns you would receive if you traded shares at other times. The expense ratio for AGG is 0.05%.
*Performance for periods of less than one year is not annualized.
FOR FINANCIAL PROFESSIONAL USE ONLY. NOT TO BE SHOWN OR DISTRIBUTED TO THE GENERAL PUBLIC.
USR0418U-470515-1498457
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