C000202327 Performance — BlackRock Credit Relative Value Fund, Class K
Data updated: 2026-10-13
C000202327 returned +1.66% year to date and +3.44% over one year to Jul 2026. Annualised returns are +7.06% over 3 years and +3.42% over 5 years. Against its Global Short-Term Core Bond category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $123, against $120 for the category, and to $103 over one year, against $105. Volatility over the past three years was 2.13% a year. In the 12 months to Jul 2026 the fund took in a net $202.2M, and assets reached $1.00B.
C000202327 Growth of $100
What $100 invested in BlackRock Credit Relative Value Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Short-Term Core Bond category average over the same months.
| Period | C000202327 | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $103 | $105 |
| 3 years (Aug 2023 – Jul 2026) | $123 | $120 |
| 5 years (Aug 2021 – Jul 2026) | $118 | $115 |
| Since data start (Aug 2019 – Jul 2026) | $130 | $125 |
C000202327 Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.66% |
| 1 year | +3.44% |
| 3 years (annualised) | +7.06% |
| 5 years (annualised) | +3.42% |
C000202327 Annual Returns
Calendar-year total returns of BlackRock Credit Relative Value Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +1.66% |
| 2025 | +6.62% |
| 2024 | +8.46% |
| 2023 | +9.08% |
| 2022 | −8.01% |
| 2021 | +3.55% |
| 2020 | +4.02% |
| 2019 (Aug–Dec) | +2.59% |
C000202327 Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.3% | +0.1% | −0.9% | +1.0% | +0.9% | +0.1% | +0.1% | — | — | — | — | — |
| 2025 | +1.1% | +0.9% | −0.8% | +0.2% | +1.6% | +0.8% | +0.9% | +0.4% | +0.7% | +0.2% | 0.0% | +0.4% |
| 2024 | +1.0% | +0.3% | +0.8% | +0.1% | +1.2% | +0.7% | +0.9% | +1.1% | +1.1% | +0.1% | +0.6% | +0.3% |
| 2023 | +1.9% | +0.3% | −0.7% | +1.6% | +0.1% | +0.5% | +0.7% | +0.5% | +0.5% | −0.3% | +1.8% | +1.9% |
| 2022 | −0.9% | −1.2% | −0.2% | −1.0% | −1.5% | −3.2% | +1.2% | +0.2% | −2.4% | −0.2% | +0.7% | +0.3% |
| 2021 | +0.8% | +1.1% | +0.1% | +0.7% | +0.4% | +0.5% | −0.4% | +0.3% | 0.0% | −0.4% | −0.3% | +0.7% |
| 2020 | +0.5% | −0.4% | −7.2% | +1.7% | +1.7% | +1.0% | +1.5% | +0.6% | −0.4% | +0.3% | +2.9% | +2.1% |
| 2019 | — | — | — | — | — | — | — | +0.5% | +0.5% | +0.1% | +0.5% | +1.0% |
C000202327 Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 2.13%
- 3-year Sharpe ratio: 1.20 (vs 4.5% risk-free rate)
- Best month: +1.95% (Dec 2023)
- Worst month: −0.88% (Mar 2026)
C000202327 Fund Flows
Monthly money in and out of BlackRock Credit Relative Value Fund, from SEC Form N-PORT.
- 12-month net flow: $202.2M
- 12-month gross sales (incl. reinvestments): $412.6M
- Sales ÷ redemptions: 1.96×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $23.7M | $21.0M | $2.7M |
| Jun 2026 | $193.1M | $11.5M | $181.6M |
| May 2026 | $20.3M | $12.8M | $7.5M |
| Apr 2026 | $11.9M | $15.7M | −$3.8M |
| Mar 2026 | $12.4M | $13.0M | −$641K |
| Feb 2026 | $24.5M | $21.2M | $3.3M |
| Jan 2026 | $28.7M | $18.8M | $9.9M |
| Dec 2025 | $46.2M | $41.2M | $4.9M |
| Nov 2025 | $9.9M | $10.1M | −$159K |
| Oct 2025 | $15.3M | $12.1M | $3.3M |
| Sep 2025 | $13.8M | $13.9M | −$111K |
| Aug 2025 | $12.7M | $19.0M | −$6.3M |
C000202327 Assets Under Management
Net assets of BlackRock Credit Relative Value Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $1.00B |
| 2026-04-30 | $802.31M |
| 2026-01-31 | $801.56M |
| 2025-10-31 | $826.22M |
| 2025-07-31 | $818.95M |
| 2025-04-30 | $783.42M |
| 2025-01-31 | $802.29M |
| 2024-10-31 | $839.00M |
| 2024-07-31 | $872.51M |
| 2024-04-30 | $867.67M |
| 2024-01-31 | $1.04B |
| 2023-10-31 | $1.03B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.