Global Atlantic BlackRock High Yield Portfolio
Data updated: 2026-08-26
C000165385 — Global Atlantic BlackRock High Yield Portfolio. Intermediate Corporate Bond · $41.61M AUM. Holdings, fees, performance and SEC filings.
C000165385 Fund Overview
Global Atlantic BlackRock High Yield Portfolio is a US mutual fund managed by Forethought Variable Insurance Trust, categorised as Intermediate Corporate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Forethought Variable Insurance Trust
- Category: Intermediate Corporate Bond
- Assets under management: $41.61M
- 1-year return: 5.8%
- SEC CIK: 0001580353
- SEC series ID: S000052678
- Share class ID: C000165385
C000165385 Investment Objective and Strategy
Global Atlantic BlackRock High Yield Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Forethought Variable Insurance Trust.
Investment objective
The Portfolio seeks to provide total return.
Principal investment strategy
"Under normal market conditions, the Portfolio seeks to invest at least 80% of its assets in high yield bonds and investments linked to high yield bonds. The high yield securities (commonly called ""junk bonds"") acquired by the Portfolio will generally be in the lower rating categories of the major rating agencies (BB or lower by Standard & Poor's or Fitch Ratings, Inc. or Ba or lower by Moody's Investor Services) or will be determined by the Portfolio's sub-adviser, BlackRock Investment Management, LLC (""BlackRock"" or the ""Sub-Adviser""), to be of similar quality. Split rated bonds will be considered to have the median credit rating received if a credit rating is received from three rating agencies or, if a credit rating is received from two rating agencies, the lower credit rating of the two ratings received.
The Portfolio will consist primarily of fixed income securities of companies with similar capitalizations of the companies included in the ICE BofA BB-B U.S. High Yield Constrained Index. However, the Portfolio may invest in securities outside the ICE BofA BB-B U.S. High Yield Constrained Index capitalization range. The Portfolio may also invest in convertible and preferred securities. Convertible debt securities will be counted toward the Portfolio's 80% policy to the extent they have characteristics similar to the securities included within that policy. To add additional diversification, the Sub-Adviser can invest in a wide range of securities including corporate bonds and mezzanine investments. The Portfolio may invest in securities of any rating, and may invest up to 10% of its assets (measured at the time of investment) in distressed securities that are in default or the issuers of which are in bankruptcy.
The Portfolio may engage in frequent trading of portfolio securities to achieve its principal investment strategies. The Portfolio may also invest in securities and derivative contracts, including options, swap agreements, futures, and U.S. Treasuries and cash equivalents, including, without limitation, commercial paper, repurchase agreements, and time deposits, as determined by the Sub-Adviser. The Sub-Adviser utilizes a proprietary quantitative model that systematically tracks and ranks the characteristics of bonds of high yield issuers located in the United States based on an analysis of a wide range of factors, such as relative value, market sentiment, and fundamental insights."
C000165385 Holdings
Top 10 holdings of Global Atlantic BlackRock High Yield Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Apld Computeco LLC | 0.94% |
| Connect Finco Sarl / Connect US Finco LLC | 0.91% |
| Coinbase Global, Inc. | 0.83% |
| Hta Group Ltd. | 0.81% |
| Garrett Motion Holdings, Inc. / Garrett Lx I Sarl | 0.79% |
| Synchrony Financial | 0.74% |
| Cco Holdings LLC / Cco Holdings Capital Corp. | 0.74% |
| Canadian Imperial Bank Of Commerce | 0.74% |
| Genmab A/s / Genmab Finance LLC | 0.73% |
| Vallourec SA | 0.73% |
C000165385 Portfolio Allocation
Asset-class allocation of Global Atlantic BlackRock High Yield Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 98.3% |
| Cash & Equivalents | 0.4% |
C000165385 Performance
Total returns for C000165385 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.9% |
| 1 year | 5.8% |
| 3 years (annualised) | 8.1% |
| 5 years (annualised) | 3.8% |
C000165385 Risk Information
Risk metrics for C000165385, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 2.4%
C000165385 Costs and Fees
C000165385 costs about $77 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.77%
- Gross expense ratio: 0.83%
- Portfolio turnover: 76%
- Brokerage commissions: 0.05 bps of average net assets (SEC N-CEN)
C000165385 Cashflows
Over the 12 months to 2026-06, Global Atlantic BlackRock High Yield Portfolio had net outflows of $2.15M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$450.37K |
| 2026-05 | −$354.24K |
| 2026-04 | −$611.90K |
| 2026-03 | −$805.69K |
| 2026-02 | −$715.85K |
| 2026-01 | −$411.06K |
C000165385 Debt Constituents
Largest debt holdings of Global Atlantic BlackRock High Yield Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Apld Computeco LLC | 0.94% |
| Connect Finco Sarl / Connect US Finco LLC | 0.91% |
| Coinbase Global, Inc. | 0.83% |
| Hta Group Ltd. | 0.81% |
| Garrett Motion Holdings, Inc. / Garrett Lx I Sarl | 0.79% |
| Synchrony Financial | 0.74% |
| Cco Holdings LLC / Cco Holdings Capital Corp. | 0.74% |
| Canadian Imperial Bank Of Commerce | 0.74% |
| Genmab A/s / Genmab Finance LLC | 0.73% |
| Vallourec SA | 0.73% |
C000165385 Prospectus and SEC Filings
Official Global Atlantic BlackRock High Yield Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-30
- Prospectus (485BPOS) — filed 2025-04-29
- Prospectus supplement (497) — filed 2026-06-17
- Portfolio holdings (N-PORT) — filed 2026-08-26
- Portfolio holdings (N-PORT) — filed 2026-05-26
- Portfolio holdings (N-PORT) — filed 2026-02-23
- Annual census (N-CEN) — filed 2026-03-13
- Annual census (N-CEN) — filed 2025-03-14
Related Funds
Other Intermediate Corporate Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.