BlackRock High Yield Common

Primary objective is to generate high current income. Secondary objective is capital appreciation. Assets will be invested primarily in a diversified portfolio of high-risk, high yield bonds and other high-risk, high yield income securities, such as preferred stocks. Under normal market conditions, at least 80% of total assets are invested in such high-risk, high-yield securities. High-risk, high yield securities are generally income securities which, if rated at the time of purchase, are rated lower than Baa by Moodys, lower than BBB by S&P or similarly rated by other rating agencies. The securities that may be invested include straight income securities, zero coupon, pay-in-kind and deferred payment securities, bank loans, mezzanine investments, collateralized bonds obligations, distressed securities, mortgage-related and asset-backed securities and foreign securities. The Trust expects to use financial leverage by borrowing money or through other transactions such as reverse repurchase agreements.

Key stats

Management firm  BlackRock
Domicile  United States
Fund Administrator  BlackRock Advisors
Global Branding Name  BlackRock
Fund Status  OBSOLETE
12 month yield  7.96%
Fund currency  USD
Launch Date  1998-12-17
Obsolete Date  2013-11-15
ISIN  US09248N1028
SEDOL  2323459
Fund Strategy  High Yield Bond
Fund Structure  Closed Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2013-10-31
Return - 1 Month  2.70%
Return - 2 Months  4.67 %
Return - 3 Months  3.74%
Return - 6 Months  2.30 %
Return - 9 months  6.70 %
Return - 12 Months  11.87%
Annualized return 24 months  13.94 %
Annualized return 36 months  10.91 %
Annualized return 48 months  13.43 %
Annualized return 60 months  18.28 %
Return 120 months  10.65 %
Annualized return since Inception  6.61%
Return YTD  8.70%

Ratings

Morning Star Rating Date   2013-10-31
Morning Star Rating - 36 Months  fund has a 3 star rating fund has a 3 star rating fund has a 3 star rating
Morning Star Rating - 60 Months  fund has a 3 star rating fund has a 3 star rating fund has a 3 star rating
Morning Star Rating - 120 Months  fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating
Morning Star Rating - Overall  fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating

Charges

Maximum Managment Charge  0.90 %

Contact

Contact Address  BlackRock Funds
Contact Address 2  P.O. Box 9819
Contact city  Providence
Contact country  United States
Fund Admin Group  BlackRock
Web Address  www.blackrock.com
Email contact  funds@blackrock.com
Custodian  State Street Bank & Trust Co
Phone  800-441-7762

Price

Last Price Date  2013-11-15
Pre-tax nav  7.03
Price change  $0.00
Price change (percentage)  0.00 %

Funds Disclaimer

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Ratings Disclaimer

© 2010 - 2011 Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
For fund additions and/or data corrections please contact dataquestions@morningstar.com

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