- What does BFRKX invest in?
- This fund typically allocates a minimum of 80% of its capital to investments with floating interest rates, or those designed to mimic such rates economically, with the primary goal of generating a variable income stream. Furthermore, it possesses the unrestricted ability to acquire participations or assignments tied to either senior or second lien floating rate loans.
- What is the expense ratio of BFRKX?
- An expense ratio for BlackRock Floating Rate Income Fund (BFRKX) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.
- What is BFRKX's dividend yield?
- BFRKX's trailing-twelve-month yield is 6.43%, calculated from the sum of dividends over the past year divided by the current price.
- How big is BFRKX?
- BlackRock Floating Rate Income Fund (BFRKX) manages $2.41B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is BFRKX actively managed or an index fund?
- BFRKX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was BFRKX launched?
- BlackRock Floating Rate Income Fund (BFRKX) launched in March 2016 and is managed by BlackRock / iShares.
