An experienced team that exhibits detailed credit trading knowledge provides the foundation for BlackRock Global Long/Short Credit. Yet the sheer breadth of its investable universe coupled with a dynamic approach to capital allocation has led to mixed success with tactical-allocation calls and makes it hard to identify its edge. It earns a Morningstar Analyst Rating of Neutral.
Will BGCIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable BGCIX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the BGCIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of BGCIX’s parent organization’s priorities and whether they’re in line with investors’ interests.