![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Name | Symbol | Market | Type |
---|---|---|---|
Blackrock 80/20 Target Allocation Fund, Investor A (MM) | NASDAQ:BAAPX | NASDAQ | Fund |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0 | - |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-Q
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number 811-22061
Name of Fund: BlackRock Funds II
BlackRock Floating Rate Income Portfolio
Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809
Name and address of agent for service: John M. Perlowski, Chief Executive Officer, BlackRock Funds II, 55
East 52 nd Street, New York, NY 10055
Registrants telephone number, including area code: (800) 441-7762
Date of fiscal year end: 08/31/2013
Date of reporting period: 11/30/2012
Item 1 Schedule of Investments
Consolidated Schedule of Investments November 30, 2012 (Unaudited) | (Percentages shown are based on Net Assets) |
Portfolio Abbreviations |
To simplify the listings of portfolio holdings in the Schedule of Investments, the names and descriptions of many of the securities have been abbreviated according to the following list: |
AKA
CAD DIP EUR |
Also known as Canadian Dollar Debtor in possession Euro |
FKA GBP USD |
Formerly known as British Pound US Dollar |
. | ||||||||
BLACKROCK FLOATING RATE INCOME PORTFOLIO | NOVEMBER 30, 2012 | 1 |
Consolidated Schedule of Investments (continued) | (Percentages shown are based on Net Assets) |
Floating Rate Loan Interests (c) |
Par (000) |
Value | ||||||
|
||||||||
Aerospace & Defense 1.8% |
||||||||
Sequa Corp.: |
||||||||
Term Loan, 3.46% - 3.61%, 12/03/14 |
USD | 11,930 | $ | 11,885,363 | ||||
Tranche 1 2011 New Term Loan, 6.25%, 12/03/14 |
3,097 | 3,092,729 | ||||||
The SI Organization, Inc., New Tranche B Term Loan, 4.50%, 11/22/16 |
1,339 | 1,330,842 | ||||||
Spirit Aerosystems, Inc. (FKA Mid-Western Aircraft Systems, Inc. & Onex Wind Finance LP), Term B Loan, 3.75%, 4/18/19 |
1,478 | 1,482,495 | ||||||
TransDigm, Inc.: |
||||||||
Tranche B-1 Term Loan, 4.00%, 2/14/17 |
2,800 | 2,809,230 | ||||||
Tranche B-2 Term Loan, 4.00%, 2/14/17 |
1,119 | 1,123,204 | ||||||
Wesco Aircraft Hardware Corp., Tranche B Term Loan, 5.25%, 4/07/17 |
1,848 | 1,851,102 | ||||||
|
|
|||||||
23,574,965 | ||||||||
|
||||||||
Airlines 0.5% |
||||||||
Delta Air Lines, Inc.: |
||||||||
Term Loan 2011, 5.50%, 4/20/17 |
3,178 | 3,191,844 | ||||||
Term Loan, 4.25%, 4/18/16 |
2,370 | 2,367,038 | ||||||
US Airways Group, Inc., Loan, 2.71%, 3/21/14 |
355 | 347,101 | ||||||
|
|
|||||||
5,905,983 | ||||||||
|
||||||||
Auto Components 1.4% |
||||||||
Federal-Mogul Corp.: |
||||||||
Tranche B Term Loan, 2.15%, 12/29/14 |
5,016 | 4,656,365 | ||||||
Tranche C Term Loan, 2.15%, 12/28/15 |
1,644 | 1,525,938 | ||||||
Fram Group Holdings, Inc./Prestone Holdings, Inc., Term Loan (First Lien), 6.50%, 7/29/17 |
3,628 | 3,607,959 | ||||||
The Goodyear Tire & Rubber Co., Loan (Second Lien), 4.75%, 4/30/19 |
6,745 | 6,778,725 | ||||||
UCI International, Inc. (United Components), Term Loan, 5.50%, 7/26/17 |
1,400 | 1,405,901 | ||||||
|
|
|||||||
17,974,888 | ||||||||
|
||||||||
Automobiles 0.4% |
||||||||
KAR Auction Services, Inc., Term Loan, 5.00%, 5/19/17 |
5,081 | 5,112,271 | ||||||
|
||||||||
Biotechnology 0.6% |
||||||||
Alkermes, Inc., 2019 Term Loan, 4.50%, 9/25/19 |
3,280 | 3,299,122 | ||||||
Grifols, Inc., New U.S. Tranche B Term Loan, 4.50%, 6/01/17 |
4,398 | 4,443,427 | ||||||
|
|
|||||||
7,742,549 | ||||||||
|
||||||||
Building Products 2.1% |
||||||||
Armstrong World Industries, Inc., Term Loan B-1, 4.00%, 3/10/18 |
5,212 | 5,248,257 | ||||||
CPG International I, Inc., Term Loan, 5.75%, 9/21/19 |
5,075 | 5,100,375 | ||||||
Hupah Finance, Inc., Initial Term Loan, 6.25% - 7.25%, 1/21/19 |
4,249 | 4,286,087 | ||||||
Tronox Pigments (Netherlands) BV: |
||||||||
Closing Date Term Loan, 4.25%, 2/08/18 |
3,844 | 3,864,592 | ||||||
Delayed Draw Term Loan, 4.25%, 2/08/18 |
1,048 | 1,053,980 | ||||||
Wilsonart LLC, Term Loan, 5.50%, 10/18/19 |
6,580 | 6,612,900 | ||||||
|
|
|||||||
26,166,191 | ||||||||
|
||||||||
Capital Markets 0.4% |
||||||||
American Capital Ltd. (FKA American Capital Strategies Ltd.), Senior Secured Term Loan, 5.50%, 8/22/16 |
5,506 | 5,574,825 | ||||||
|
Floating Rate Loan Interests (c) |
Par (000) |
Value | ||||||
|
||||||||
Chemicals 2.2% |
||||||||
Ascend Performance Materials Operations LLC, Term B Loan, 6.75%, 4/10/18 |
USD | 7,959 | $ | 7,799,468 | ||||
Ashland, Inc., Term B Loan, 3.75%, 8/23/18 |
1,554 | 1,567,442 | ||||||
Chemtura Corp., Term Facility, 5.50%, 8/29/16 |
3,255 | 3,293,669 | ||||||
General Chemical Corp., New Tranche B Term Loan, 5.00% - 5.75%, 10/06/15 |
1,763 | 1,761,708 | ||||||
INEOS U.S. Finance LLC: |
||||||||
Cash Dollar Term Loan, 6.50%, 5/04/18 |
7,953 | 8,043,701 | ||||||
Short-Dated Cash Dollar Term Loan, 5.50%, 5/04/15 |
627 | 636,836 | ||||||
PolyOne Corp., Loan, 5.00%, 12/20/17 |
1,166 | 1,171,144 | ||||||
Trinseo Materials Operating S.C.A. (FKA Styron S.à r.l.), Term Loan, 8.00%, 8/02/17 |
1,934 | 1,851,301 | ||||||
Univar, Inc., Term B Loan, 5.00%, 6/30/17 |
2,403 | 2,387,106 | ||||||
|
|
|||||||
28,512,375 | ||||||||
|
||||||||
Commercial Services & Supplies 7.2% |
|
|||||||
ACCO Brands Corp., Term B Loan, 4.25%, 5/01/19 |
3,836 | 3,865,151 | ||||||
ADS Waste Holdings, Inc., Term Loan, 5.25%, 10/09/19 |
8,750 | 8,841,875 | ||||||
Altegrity, Inc. (FKA U.S. Investigations Services, Inc.): |
||||||||
Term Loan, 2.96%, 2/21/15 |
1,753 | 1,626,226 | ||||||
Tranche D Term Loan, 7.75%, 2/21/15 |
1,488 | 1,487,264 | ||||||
American Rock Salt Co. LLC, Term Loan, 5.50%, 4/25/17 |
2,315 | 2,285,576 | ||||||
ARAMARK Corp.: |
||||||||
LC-2 Facility, 0.06% - 3.40%, 7/26/16 |
25 | 24,734 | ||||||
LC-3 Facility, 0.06% - 3.40%, 7/26/16 |
10 | 10,150 | ||||||
U.S. Term B Loan (Extending), 3.46%, 7/26/16 |
375 | 376,098 | ||||||
U.S. Term C Loan,
|
126 | 125,992 | ||||||
AWAS Finance Luxembourg 2012 SA, Term Loan, 4.75%, 7/16/18 |
896 | 907,655 | ||||||
AWAS Finance Luxembourg S.à r.l., Loan, 5.25%, 6/10/16 |
3,366 | 3,408,397 | ||||||
Ceridian Corp., Extended U.S. Term Loan, 5.96%, 5/09/17 |
6,238 | 6,218,488 | ||||||
Coinmach Service Corp., Term Loan, 3.21%, 11/14/14 |
5,244 | 5,073,384 | ||||||
DynCorp International, Inc., Term Loan, 6.25% - 6.75%, 7/07/16 |
1,098 | 1,102,252 | ||||||
Garda Security, Term Loan, 4.50%, 9/28/17 |
1,470 | 1,484,700 | ||||||
GCA Services Group, Inc.: |
||||||||
Term Loan, 5.25%, 10/10/19 |
2,645 | 2,633,970 | ||||||
Term Loan, 9.25%, 10/10/20 |
1,480 | 1,465,200 | ||||||
Getty Images, Inc., Initial Term Loan (New), 4.75%, 10/18/19 |
5,430 | 5,448,842 | ||||||
HD Supply, Inc., Term Loan, 7.25%, 10/12/17 |
18,464 | 18,942,841 | ||||||
IG Investments Holdings LLC, Term Loan, 6.00%, 10/24/19 |
2,600 | 2,587,000 | ||||||
Infogroup, Inc., Term B Loan, 5.75%, 5/26/18 |
1,718 | 1,515,960 | ||||||
Intelligrated, Inc., Term Loan (First Lien 2012), 6.75%, 7/30/18 |
2,400 | 2,421,000 | ||||||
Kronos, Inc., Term Loan, 9.75%, 4/23/20 |
2,130 | 2,130,000 | ||||||
Laureate Education, Inc., Extended Term Loan, 5.25%, 6/15/18 |
6,324 | 6,267,108 | ||||||
Nexeo Solutions LLC, Initial Loans, 5.00%, 9/08/17 |
5,298 | 5,193,623 | ||||||
Progressive Waste Solutions Ltd., Term B Loan, 3.50%, 10/24/19 |
2,770 | 2,790,775 |
. | ||||||||
2 | BLACKROCK FLOATING RATE INCOME PORTFOLIO | NOVEMBER 30, 2012 |
Consolidated Schedule of Investments (continued) | (Percentages shown are based on Net Assets) |
Par | ||||||||
Floating Rate Loan Interests (c) | (000) | Value | ||||||
|
||||||||
Commercial Services & Supplies (concluded) |
|
|||||||
Protection One, Inc., Term Loan 2012, 5.75%, 3/21/19 |
USD | 2,736 | $ | 2,752,202 | ||||
Safway Services LLC, First Out Tranche Loan,
|
1,500 | 1,500,000 | ||||||
|
|
|||||||
92,486,463 | ||||||||
|
||||||||
Communications Equipment 0.4% |
|
|||||||
Commscope, Inc., Tranche 1 Term Loan, 4.25%, 1/14/18 |
4,532 | 4,551,741 | ||||||
|
||||||||
Computers & Peripherals 0.4% |
|
|||||||
CDW LLC (FKA CDW Corp.), Extended Term Loan,
|
4,756 | 4,696,729 | ||||||
|
||||||||
Construction Materials 0.3% |
|
|||||||
Metals USA, Term Loan, 6.25%, 11/08/19 |
3,230 | 3,197,700 | ||||||
|
||||||||
Consumer Finance 0.6% |
||||||||
Trans Union LLC, Replacement Term Loan, 5.50%, 2/10/18 |
7,495 | 7,594,953 | ||||||
|
||||||||
Containers & Packaging 0.2% |
|
|||||||
Sealed Air Corp., Term Loan, 4.00%, 10/03/18 |
2,670 | 2,690,025 | ||||||
|
||||||||
Diversified Consumer Services 0.8% |
|
|||||||
Education Management LLC, Tranche C-3 Term Loan, 8.25%, 3/30/18 |
944 | 812,402 | ||||||
The ServiceMaster Co.: |
||||||||
Delayed Draw Term Loan, 2.71%, 7/24/14 |
608 | 605,535 | ||||||
Tranche A Term Loan, 2.71%, 7/24/14 |
6,463 | 6,438,955 | ||||||
Weight Watchers International, Inc., Term F Loan, 4.00%, 3/15/19 |
2,670 | 2,683,116 | ||||||
|
|
|||||||
10,540,008 | ||||||||
|
||||||||
Diversified Financial Services 4.2% |
|
|||||||
Delos Aircraft, Inc., Term Loan, 4.75%, 4/12/16 |
5,125 | 5,179,479 | ||||||
GMACM Borrower LLC (RFC Borrower LLC): |
||||||||
Term A-1 Loan, 5.00%, 11/18/13 |
5,495 | 5,497,308 | ||||||
Term A-2 Loan, 6.75%, 11/18/13 |
625 | 628,125 | ||||||
HarbourVest Partners LP, Term Loan, 5.00%, 10/31/17 |
2,685 | 2,688,356 | ||||||
iPayment, Inc., Term Loan, 5.75%, 5/08/17 |
1,104 | 1,097,365 | ||||||
Matrix Acquisition Corp. (MacDermid, Inc.), Tranche C Term Loan, 2.30%, 4/12/14 |
EUR | 873 | 1,125,902 | |||||
Nuveen Investments, Inc.: |
||||||||
Additional Extended First-Lien Term Loan,
|
USD | 2,494 | 2,492,255 | |||||
Extended First-Lien Term Loan,
|
11,326 | 11,329,237 | ||||||
First-Lien Incremental Term Loan, 7.25%, 5/13/17 |
290 | 291,450 | ||||||
New Second-Lien Term Loan, 8.25%, 2/28/19 |
5,755 | 5,841,325 | ||||||
Reynolds Group Holdings, Inc., U.S. Term Loan, 4.75%, 9/28/18 |
10,930 | 11,010,773 | ||||||
Springleaf Financial Funding Co. (FKA American General Finance Corp.), Initial Loan, 5.50%, 5/10/17 |
6,400 | 6,321,600 | ||||||
|
|
|||||||
53,503,175 | ||||||||
|
Par | ||||||||
Floating Rate Loan Interests (c) | (000) | Value | ||||||
|
||||||||
Diversified Telecommunication Services 7.7% |
|
|||||||
Avaya, Inc.: |
||||||||
Term B-1 Loan, 3.06%, 10/24/14 |
USD | 6,370 | $ | 6,000,408 | ||||
Term B-3 Loan, 4.81%, 10/26/17 |
2,540 | 2,221,154 | ||||||
Bresnan Broadband Holdings LLC, Term B Loan, 4.50%, 12/14/17 |
8,182 | 8,201,184 | ||||||
Consolidated Communications, Inc., Term Loan, 5.25%, 12/31/18 |
6,365 | 6,341,131 | ||||||
Hawaiian Telcom Communications, Inc., Term Loan, 7.00%, 2/28/17 |
4,090 | 4,159,039 | ||||||
Integra Telecom Holdings, Inc., Term Loan, 9.25%, 4/15/15 |
2,176 | 2,170,233 | ||||||
Intelsat Jackson Holdings SA (FKA Intelsat Jackson Holdings Ltd.), Tranche B-1 Term Loan, 4.50%, 4/02/18 |
18,683 | 18,729,297 | ||||||
Level 3 Financing, Inc.: |
||||||||
Tranche B 2016 Term Loan, 4.75%, 2/01/16 |
3,595 | 3,595,000 | ||||||
Tranche B 2019 Term Loan, 5.25%, 8/01/19 |
3,100 | 3,119,375 | ||||||
Tranche B-II 2019 Term Loan, 4.75%, 8/01/19 |
16,940 | 17,024,700 | ||||||
Telesat Canada, Term A Loan, 3.00%, 3/28/17 |
CAD | 5,230 | 5,054,412 | |||||
U.S. Telepacific Corp., Term Loan Advance, 5.75%, 2/23/17 |
USD | 4,416 | 4,357,481 | |||||
West Corp., Term B-6 Loan, 5.75%, 6/30/18 |
5,112 | 5,188,870 | ||||||
Zayo Group LLC (Zayo Capital, Inc.), Term Loan, 5.25%, 7/02/19 |
12,378 | 12,453,240 | ||||||
|
|
|||||||
98,615,524 | ||||||||
|
||||||||
Electronic Equipment, Instruments & Components 0.0% |
|
|||||||
Flextronics International Ltd.: |
||||||||
A-2 Delayed Draw Loan, 2.46%, 10/01/14 |
34 | 33,766 | ||||||
A-3 Delayed Draw Loan, 2.46%, 10/01/14 |
39 | 39,393 | ||||||
|
|
|||||||
73,159 | ||||||||
|
||||||||
Energy Equipment & Services 0.7% |
|
|||||||
Vantage Drilling Co., Term Loan, 6.25%, 11/05/17 |
8,855 | 8,722,175 | ||||||
|
||||||||
Food & Staples Retailing 1.9% |
|
|||||||
AB Acquisitions UK Topco 2 Ltd. (FKA Alliance Boots), Facility B1,
|
GBP | 5,675 | 8,817,179 | |||||
BJs Wholesale Club, Inc.: |
||||||||
Initial Loans (Second Lien), 9.75%, 3/26/20 |
USD | 1,505 | 1,544,130 | |||||
New Replacement Loan (First Lien),
|
2,730 | 2,760,330 | ||||||
Dunkin Brands, Inc., Term B-2 Loan,
|
6,335 | 6,364,299 | ||||||
U.S. Foods, Inc. (AKA U.S. Foodservice, Inc.): |
||||||||
Extended Term Loan, 5.75%, 3/31/17 |
3,139 | 3,087,621 | ||||||
Term Loan, 5.75%, 3/31/17 |
1,230 | 1,207,958 | ||||||
|
|
|||||||
23,781,517 | ||||||||
|
. | ||||||||
BLACKROCK FLOATING RATE INCOME PORTFOLIO | NOVEMBER 30, 2012 | 3 |
Consolidated Schedule of Investments (continued) | (Percentages shown are based on Net Assets) |
Floating Rate Loan Interests (c) |
Par (000) |
Value | ||||||
|
||||||||
Food Products 1.6% |
|
|||||||
AdvancePierre Foods, Inc., Term Loan (First Lien), 5.75%, 7/10/17 |
USD | 4,570 | $ | 4,612,273 | ||||
Del Monte Foods Co., Initial Term Loan, 4.50%, 3/08/18 |
5,517 | 5,519,240 | ||||||
Dole Food Co., Inc., Tranche
|
2,010 | 2,014,324 | ||||||
Michael Foods Group, Inc. (FKA M-Foods Holdings, Inc.), Term B Facility, 4.25%, 2/25/18 |
1,426 | 1,431,995 | ||||||
Pinnacle Foods Finance LLC: |
||||||||
Extended Initial Term Loan, 3.71%, 10/02/16 |
1,285 | 1,289,870 | ||||||
Tranche E Term Loan, 4.75%, 10/17/18 |
2,524 | 2,534,900 | ||||||
Solvest Ltd. (Dole), Tranche C-2 Term Loan, 5.00% - 6.00%, 7/08/18 |
3,597 | 3,604,585 | ||||||
|
|
|||||||
21,007,187 | ||||||||
|
||||||||
Health Care Equipment & Supplies 4.1% |
|
|||||||
Bausch & Lomb, Inc., Parent Term Loan, 5.25%, 5/17/19 |
9,536 | 9,655,301 | ||||||
Biomet, Inc., Dollar Term B-1 Loan, 3.96%, 7/25/17 |
2,063 | 2,079,897 | ||||||
BSN Medical Luxembourg Holding, S.à r.l. (P&F Capital), Facility B1A, 5.00%, 8/28/19 |
2,975 | 2,980,950 | ||||||
ConvaTec, Inc., Dollar Term Loan, 5.00%, 12/22/16 |
4,051 | 4,073,297 | ||||||
DJO Finance LLC (ReAble Therapeutics Finance LLC): |
||||||||
Tranche B-2 Term Loan (Extended), 5.21%, 11/01/16 |
989 | 989,517 | ||||||
Tranche B-3 Term Loan, 6.25%, 9/15/17 |
7,771 | 7,798,692 | ||||||
Hologic, Inc., Tranche B Term Loan, 4.50%, 8/01/19 |
11,302 | 11,409,945 | ||||||
Immucor, Inc. (FKA IVD Acquisition Corp.), Term B-1 Loan, 5.75%, 8/19/18 |
6,803 | 6,868,181 | ||||||
Kinetic Concepts, Inc., Dollar Term C-1 Loan, 5.50%, 5/04/18 |
6,888 | 6,934,866 | ||||||
|
|
|||||||
52,790,646 | ||||||||
|
||||||||
Health Care Providers & Services 4.0% |
|
|||||||
Ardent Medical Services, Inc., Term Loan, 6.75%, 5/16/18 |
1,855 | 1,864,275 | ||||||
CHG Companies, Inc., Term Loan, 5.00%, 11/09/19 |
3,505 | 3,496,238 | ||||||
DaVita, Inc.: |
||||||||
Term Loan B2, 4.00%, 8/01/19 |
4,940 | 4,949,682 | ||||||
Tranche B Term Loan, 4.50%, 10/20/16 |
4,592 | 4,614,676 | ||||||
Drumm Investors LLC (AKA Golden Living), Term Loan, 5.00%, 5/04/18 |
969 | 929,171 | ||||||
Emdeon, Inc., Term B-1 Loan, 5.00%, 11/02/18 |
5,632 | 5,698,718 | ||||||
Emergency Medical Services Corp., Initial Term Loan, 5.25%, 5/25/18 |
5,027 | 5,070,600 | ||||||
Genesis Healthcare Corp., Term Loan, 10.00%, 9/20/17 |
865 | 831,481 | ||||||
HCA, Inc.: |
||||||||
Tranche B-2 Term Loan, 3.61%, 3/31/17 |
2,360 | 2,360,991 | ||||||
Tranche B-3 Term Loan, 3.46%, 5/01/18 |
1,770 | 1,771,009 | ||||||
Health Management Associates, Inc., Term B Loan, 4.50%, 11/16/18 |
2,554 | 2,575,912 | ||||||
Iasis Healthcare LLC, Term B Loan, 5.00%, 5/03/18 |
2,230 | 2,233,588 | ||||||
Sheridan Holdings, Inc., Initial Term Loan (First Lien), 6.00%, 6/29/18 |
4,814 | 4,846,020 |
Floating Rate Loan Interests (c) |
Par (000) |
Value | ||||||
|
||||||||
Health Care Providers & Services (concluded) |
|
|||||||
Truven Health Analytics, Inc. (FKA Thomson Reuters (Healthcare), Inc.), New Tranche B Term Loan, 5.75%, 6/06/19 |
USD | 4,177 | $ | 4,175,993 | ||||
U.S. Renal Care, Inc., Initial Term Loan (First Lien),
|
2,963 | 2,992,201 | ||||||
Universal Health Services, Inc., Tranche B Term Loan 2011, 3.75%, 11/15/16 |
619 | 620,817 | ||||||
Vanguard Health Holding Co. II LLC (Vanguard Health System, Inc.), Initial Term Loan, 5.00%, 1/29/16 |
1,441 | 1,450,482 | ||||||
|
|
|||||||
50,481,854 | ||||||||
|
||||||||
Health Care Technology 0.8% |
|
|||||||
IMS Health, Inc., Tranche B Dollar Term Loan, 4.50%, 8/26/17 |
7,640 | 7,695,856 | ||||||
MedAssets, Inc., Term Loan, 5.00%, 11/16/16 |
2,154 | 2,155,755 | ||||||
|
|
|||||||
9,851,611 | ||||||||
|
||||||||
Hotels, Restaurants & Leisure 5.0% |
|
|||||||
Ameristar Casinos, Inc., B Term Loan, 4.00%, 4/16/18 |
1,098 | 1,105,524 | ||||||
Bass Pro Group LLC, Term Loan, 4.00%, 11/14/19 |
4,285 | 4,284,229 | ||||||
Boyd Gaming Corp., Increased Term Loan, 6.00%, 12/17/15 |
2,156 | 2,176,223 | ||||||
Caesars Entertainment Operating Co., Inc. (FKA Harrahs Operating Co., Inc.): |
||||||||
Term B-1 Loan, 3.21%, 1/28/15 |
6,965 | 6,747,344 | ||||||
Term B-2 Loan, 3.21%, 1/28/15 |
2,130 | 2,063,438 | ||||||
Term B-4 Loan, 9.50%, 10/31/16 |
2,196 | 2,238,669 | ||||||
Term B-6 Loan, 5.46%, 1/28/18 |
3,174 | 2,842,612 | ||||||
Harrahs Las Vegas Propco LLC, Term Loan, 3.31%, 2/13/13 |
6,534 | 5,485,480 | ||||||
NP Opco LLC (Station GVR Acquisition LLC), B Term Loan, 5.50%, 9/28/19 |
5,690 | 5,704,225 | ||||||
OSI Restaurant Partners LLC, Term Loan, 4.75%, 10/28/19 |
3,870 | 3,903,863 | ||||||
Pilot Travel Centers LLC, First Amendment Tranche B Term Loan, 4.25%, 8/07/19 |
2,380 | 2,391,900 | ||||||
SeaWorld Parks & Entertainment, Inc. (FKA SW Acquisitions Co., Inc.), Term B Loan, 4.00%, 8/17/17 |
6,248 | 6,287,677 | ||||||
Six Flags Theme Parks, Inc., Tranche B Term Loan, 4.25%, 12/20/18 |
5,130 | 5,148,314 | ||||||
Station Casinos LLC, Term Loan, 4.00%, 6/17/16 |
6,675 | 6,394,116 | ||||||
Stockbridge/SBE Holdings, Tranche B Loan, 13.00%, 5/02/17 |
590 | 582,625 | ||||||
Wendys International, Inc., Term Loan, 4.75%, 5/15/19 |
6,705 | 6,762,261 | ||||||
|
|
|||||||
64,118,500 | ||||||||
|
||||||||
Household Products 0.7% |
|
|||||||
Spectrum Brands, Inc.: |
||||||||
Term Loan, 5.00%, 10/18/19 |
6,585 | 6,626,156 | ||||||
Term Loan, 5.00%, 10/18/19 |
CAD | 1,960 | 1,973,121 | |||||
|
|
|||||||
8,599,277 | ||||||||
|
||||||||
Independent Power Producers & Energy Traders 1.8% |
|
|||||||
The AES Corp., Initial Term Loan, 4.25%, 6/01/18 |
USD | 3,275 | 3,302,404 |
. | ||||||||
4 | BLACKROCK FLOATING RATE INCOME PORTFOLIO | NOVEMBER 30, 2012 |
Consolidated Schedule of Investments (continued) | (Percentages shown are based on Net Assets) |
Floating Rate Loan Interests (c) |
Par (000) |
Value | ||||||
|
||||||||
Independent Power Producers & Energy Traders (concluded) |
|
|||||||
Calpine Corp.: |
||||||||
Term Loan (6/2011), 4.50%, 4/01/18 |
USD | 1,492 | $ | 1,501,622 | ||||
Term Loan, 4.50%, 4/01/18 |
5,972 | 6,009,148 | ||||||
Dynegy Midwest Generation LLC, Term Loan, 9.25%, 8/05/16 |
4,091 | 4,222,403 | ||||||
Dynegy Power LLC, Term Loan, 9.25%, 8/05/16 |
5,502 | 5,728,085 | ||||||
GenOn Energy, Inc./GenOn Americas, Inc., Term Loan, 6.50%, 12/04/17 |
2,179 | 2,187,029 | ||||||
|
|
|||||||
22,950,691 | ||||||||
|
||||||||
Insurance 1.1% |
|
|||||||
Asurion LLC (FKA Asurion Corp.), Term Loan (First Lien), 5.50%, 5/24/18 |
5,905 | 5,952,026 | ||||||
CNO Financial Group, Inc.: |
||||||||
Tranche B-1 Term Loan, 4.25%, 9/28/16 |
2,490 | 2,496,225 | ||||||
Tranche B-2 Term Loan, 5.00%, 9/28/18 |
3,385 | 3,401,925 | ||||||
Cunningham Lindsey Intermediate Holdings (Delaware) LLC, Term Loan, 5.00%, 10/17/19 |
2,390 | 2,395,975 | ||||||
|
|
|||||||
14,246,151 | ||||||||
|
||||||||
Internet Software & Services 0.2% |
|
|||||||
Web.com Group, Inc., Term Loan (First Lien 2012), 5.50%, 10/27/17 |
2,473 | 2,457,892 | ||||||
|
||||||||
IT Services 0.9% |
|
|||||||
Booz Allen Hamilton, Inc., Initial Tranche B Term Loan, 4.50%, 7/31/19 |
4,600 | 4,635,466 | ||||||
Genpact Ltd., Term Loan, 4.25%, 8/30/19 |
5,975 | 6,019,813 | ||||||
Neustar, Inc., Term Advance, 5.00%, 11/08/18 |
1,442 | 1,451,411 | ||||||
|
|
|||||||
12,106,690 | ||||||||
|
||||||||
Leisure Equipment & Products 1.8% |
|
|||||||
Alpha Topco Ltd. (Formula One), Facility B2 (USD), 6.00%, 4/30/19 |
5,098 | 5,155,778 | ||||||
Eastman Kodak Co., Term Loan (DIP), 8.50%, 7/20/13 |
2,580 | 2,576,379 | ||||||
Equinox Holdings, Inc., Term Loan, 5.75%, 11/16/19 |
3,295 | 3,286,763 | ||||||
FGI Operating Co. LLC, Term B Loan, 5.50% - 6.50%, 4/19/19 |
3,393 | 3,418,522 | ||||||
Leslies Poolmart, Inc., Term Loan B, 0.50% - 5.25%, 10/16/19 |
7,930 | 7,949,825 | ||||||
|
|
|||||||
22,387,267 | ||||||||
|
||||||||
Life Sciences Tools & Services 0.8% |
|
|||||||
Pharmaceutical Product Development, Inc. (Jaguar Holdings LLC), Term Loan, 6.25%, 12/05/18 |
9,641 | 9,779,295 | ||||||
|
||||||||
Machinery 2.4% |
|
|||||||
BakerCorp International, Inc. (FKA B-Corp Holdings, Inc.), Term Loan, 5.00%, 6/01/18 |
2,158 | 2,168,476 | ||||||
FleetPride Corp., Term Loan, 5.25%, 11/14/19 |
3,195 | 3,189,025 | ||||||
Rexnord LLC/RBS Global, Inc., Term B Loan Refinancing, 4.50%, 4/01/18 |
5,142 | 5,182,389 | ||||||
Schaeffler AG, Term Loan B, 4.70%, 1/27/15 |
EUR | 2,895 | 3,689,769 | |||||
Sensata Technology BV/Sensata Technology Finance Co. LLC, Term Loan, 4.00%, 5/12/18 |
USD | 2,765 | 2,770,488 | |||||
Terex Corp.: |
||||||||
New Euro Term Loan, 6.00%, 4/28/17 |
EUR | 411 | 532,992 | |||||
New U.S. Term Loan, 4.50%, 4/28/17 |
USD | 3,699 | 3,730,697 | |||||
Wabash National, Initial Term Loan, 6.00%, 5/08/19 |
4,329 | 4,372,792 |
Floating Rate Loan Interests (c) |
Par (000) |
Value | ||||||
|
||||||||
Machinery (concluded) |
|
|||||||
Windsor Financing LLC, Term Loan, 5.00%, 11/07/19 |
USD | 4,445 | $ | 4,400,550 | ||||
|
|
|||||||
30,037,178 | ||||||||
|
||||||||
Media 5.7% |
|
|||||||
AMC Entertainment, Inc., Term B-3 Loan, 4.75%, 2/22/18 |
1,935 | 1,953,490 | ||||||
AMC Networks, Inc., Term Loan B, 4.00%, 12/31/18 |
2,756 | 2,761,813 | ||||||
Catalina Marketing Corp., 2017 Term Loan, 5.71%, 9/29/17 |
3,757 | 3,757,135 | ||||||
Cengage Learning Acquisitions, Inc. (Thomson Learning): |
||||||||
Original Term Loan, 2.71%, 7/03/14 |
1,826 | 1,390,655 | ||||||
Tranche 1 Incremental Term Loan, 7.50%, 7/03/14 |
1,250 | 1,010,749 | ||||||
Charter Communications Operating LLC: |
|
|||||||
Term C Loan, 3.46%, 9/06/16 |
3,264 | 3,277,586 | ||||||
Term D Loan, 4.00%, 5/15/19 |
1,808 | 1,821,505 | ||||||
Clear Channel Communications, Inc.: |
|
|||||||
Term Loan, 3.76%, 7/30/14 |
5,033 | 4,914,457 | ||||||
Tranche B Term Loan, 3.88%, 1/29/16 |
4,061 | 3,294,740 | ||||||
Tranche C Term Loan, 3.88%, 1/29/16 |
1,269 | 1,004,941 | ||||||
Cumulus Media Holdings, Inc., Term Loan (First Lien), 5.75%, 9/17/18 |
3,213 | 3,225,151 | ||||||
FoxCo Acquisition Sub LLC, Initial Term Loan, 5.50%, 7/14/17 |
4,195 | 4,242,194 | ||||||
Gray Television, Inc., Initial Term Loan, 4.75%, 10/12/19 |
4,010 | 4,019,303 | ||||||
Kabel Deutschland GmbH, Facility F, 4.25%, 2/01/19 |
3,925 | 3,947,569 | ||||||
LIN Television Corp., Tranche B Term Loan, 5.00%, 12/21/18 |
1,970 | 1,981,204 | ||||||
MTL Publishing LLC (EMI Music Publishing Group North America Holdings, Inc.), Term B Loan, 5.50%, 6/29/18 |
4,544 | 4,586,777 | ||||||
Nielsen Finance LLC, Class B Dollar Term Loan, 3.96%, 5/02/16 |
4,946 | 4,968,770 | ||||||
Sinclair Television Group, Inc., New Tranche B Term Loan, 4.00%, 10/28/16 |
2,720 | 2,724,991 | ||||||
TWCC Holding Corp., Term Loan, 4.25%, 2/13/17 |
2,792 | 2,815,992 | ||||||
Univision Communications, Inc., Extended First-Lien Term Loan, 4.46%, 3/31/17 |
6,275 | 6,125,038 | ||||||
UPC Financing Partnership: |
||||||||
Facility T, 3.71%, 12/30/16 |
730 | 726,154 | ||||||
Facility U, 0.00% - 4.11%, 12/31/17 |
EUR | 2,175 | 2,823,661 | |||||
WideOpenWest Finance LLC, Term Loan, 6.25%, 7/17/18 |
USD | 2,838 | 2,868,225 | |||||
WMG Acquisitions Corp., Term Loan, 5.25%, 10/17/18 |
2,400 | 2,417,256 | ||||||
|
|
|||||||
72,659,356 | ||||||||
|
||||||||
Metals & Mining 2.5% |
|
|||||||
Constellium Holdco BV, Initial Term Loan, 9.25%, 5/25/18 |
2,893 | 2,892,750 | ||||||
FMG Resources (August 2006) Pty Ltd. (FMG America Finance, Inc.), Term Loan, 5.25%, 10/18/17 |
13,900 | 13,934,750 |
. | ||||||||
BLACKROCK FLOATING RATE INCOME PORTFOLIO | NOVEMBER 30, 2012 | 5 |
Consolidated Schedule of Investments (continued) | (Percentages shown are based on Net Assets) |
Floating Rate Loan Interests (c) |
Par (000) |
Value | ||||||
|
||||||||
Metals & Mining (concluded) |
||||||||
Novelis, Inc.: |
||||||||
Term B-2 Loan, 4.00%, 3/10/17 |
USD | 1,381 | $ | 1,384,452 | ||||
Term Loan, 4.00%, 3/10/17 |
8,514 | 8,537,686 | ||||||
Walter Energy, Inc. (FKA Walter Industries, Inc.), B Term Loan, 5.75%, 4/02/18 |
5,011 | 5,023,750 | ||||||
|
|
|||||||
31,773,388 | ||||||||
|
||||||||
Multiline Retail 0.7% |
||||||||
99¢ Only Stores, Tranche B-1 Loan, 5.25%, 1/11/19 |
2,263 | 2,284,426 | ||||||
Evergreen Acqco 1 LP, New Term Loan, 5.00% - 6.00%, 7/09/19 |
4,659 | 4,662,319 | ||||||
Hema Holding BV: |
||||||||
Facility B, 2.11%, 7/06/15 |
EUR | 834 | 1,021,126 | |||||
Facility C, 2.86%, 7/05/16 |
834 | 1,015,702 | ||||||
|
|
|||||||
8,983,573 | ||||||||
|
||||||||
Oil, Gas & Consumable Fuels 3.6% |
|
|||||||
Chesapeake Energy Corp., Loan, 5.75%, 12/02/17 |
USD | 7,735 | 7,599,637 | |||||
EP Energy LLC (FKA Everest Acquisition LLC), Tranche
|
8,065 | 8,138,956 | ||||||
Gibson Energy ULC, Tranche B Term Loan, 4.75%, 6/15/18 |
6,350 | 6,417,882 | ||||||
MEG Energy Corp., Initial Term Loan, 4.00%, 3/18/18 |
4,401 | 4,419,227 | ||||||
Obsidian Natural Gas Trust, Loan, 7.00%, 11/02/15 |
930 | 929,737 | ||||||
Plains Exploration & Production, Inc., Term Loan, 4.00%, 9/28/19 |
8,200 | 8,230,750 | ||||||
Samson Investment Co., Initial Term Loan (Second Lien), 6.00%, 9/25/18 |
1,760 | 1,771,000 | ||||||
Tervita Corp. (FKA CCS Corp.): |
||||||||
Series A Term Loan, 6.50%, 11/14/14 |
2,139 | 2,137,062 | ||||||
Term Loan, 3.21%, 11/14/14 |
6,650 | 6,523,880 | ||||||
|
|
|||||||
46,168,131 | ||||||||
|
||||||||
Paper & Forest Products 0.1% |
|
|||||||
NewPage Corp., Term Loan (DIP), 8.75%, 3/08/13 |
975 | 974,396 | ||||||
|
||||||||
Personal Products 0.4% |
||||||||
NBTY, Inc., Term B-1 Loan, 4.25%, 10/01/17 |
2,934 | 2,957,190 | ||||||
Prestige Brands, Inc., Term B Loan, 5.25% - 6.25%, 1/31/19 |
2,521 | 2,547,828 | ||||||
|
|
|||||||
5,505,018 | ||||||||
|
||||||||
Pharmaceuticals 3.9% |
||||||||
Aptalis Pharma, Inc. (FKA Axcan Intermediate Holdings, Inc.), Term B-1 Loan, 5.50%, 2/10/17 |
10,406 | 10,402,394 | ||||||
Capsugel Holdings U.S., Inc., Initial Term Loan (New), 4.75%, 8/01/18 |
3,331 | 3,356,952 | ||||||
inVentiv Health, Inc. (FKA Ventive Health, Inc.): |
||||||||
Consolidated Term Loan, 6.50%, 8/04/16 |
2,103 | 1,982,128 | ||||||
Term B-3 Loan, 6.75%, 5/15/18 |
2,998 | 2,922,583 | ||||||
Par Pharmaceutical Cos., Inc. (Par Pharmaceutical, Inc.), Term B Loan, 5.00%, 9/30/19 |
11,425 | 11,386,955 | ||||||
Quintiles Transnational Corp., Term B Loan, 5.00%, 6/08/18 |
5,580 | 5,592,771 | ||||||
RPI Finance Trust, New Term Loan, 4.00%, 11/09/18 |
686 | 689,420 |
Floating Rate Loan Interests (c) |
Par (000) |
Value | ||||||
|
||||||||
Pharmaceuticals (concluded) |
||||||||
Valeant Pharmaceuticals International, Inc.: |
||||||||
Term Loan B, 4.25%, 9/19/19 |
USD | 3,790 | $ | 3,801,370 | ||||
Term Loan, 3.61%, 2/13/19 |
6,054 | 6,075,288 | ||||||
Warner Chilcott Co. LLC, Term B-2 Loan, 4.25%, 3/15/18 |
776 | 780,233 | ||||||
Warner Chilcott Corp.: |
||||||||
Additional Term B-1 Loan, 4.25%, 3/15/18 |
590 | 592,601 | ||||||
Term B-1 Loan, 4.25%, 3/15/18 |
1,553 | 1,560,466 | ||||||
WC Luxco S.à r.l. (Warner Chilcott), Term B-3 Loan, 4.25%, 3/15/18 |
1,067 | 1,072,820 | ||||||
|
|
|||||||
50,215,981 | ||||||||
|
||||||||
Professional Services 0.1% |
||||||||
On Assignment, Inc., Initial Term B Loan, 5.00%, 5/15/19 |
1,579 | 1,587,320 | ||||||
|
||||||||
Real Estate Investment Trusts (REITs) 0.5% |
|
|||||||
iStar Financial, Inc., Loan, 5.75%, 10/15/17 |
6,431 | 6,432,966 | ||||||
|
||||||||
Real Estate Management & Development 1.6% |
|
|||||||
Realogy Corp.: |
||||||||
Extended (First Lien) Term Loan, 4.46%, 10/10/16 |
19,773 | 19,735,650 | ||||||
Extended Synthetic Commitment,
|
1,157 | 1,154,450 | ||||||
Non-Extended Synthetic Commitment,
|
150 | 145,642 | ||||||
|
|
|||||||
21,035,742 | ||||||||
|
||||||||
Road & Rail 0.2% |
||||||||
Transtar Holding Co., Term Loan, 6.50%, 10/02/18 |
3,100 | 3,115,500 | ||||||
|
||||||||
Semiconductors & Semiconductor Equipment 0.7% |
|
|||||||
Freescale Semiconductor, Inc., Tranche B-1 Term Loan, 4.46%, 12/01/16 |
4,842 | 4,692,847 | ||||||
NXP BV/NXP Funding LLC: |
||||||||
Term Loan, 4.50%, 3/03/17 |
1,190 | 1,199,675 | ||||||
Tranche A-2 Loan, 5.50%, 3/03/17 |
1,741 | 1,769,395 | ||||||
Tranche B Loan, 5.25%, 3/19/19 |
968 | 973,616 | ||||||
|
|
|||||||
8,635,533 | ||||||||
|
||||||||
Software 4.4% |
||||||||
Blackboard, Inc., Term Loan (First Lien), 7.50%, 10/04/18 |
575 | 578,251 | ||||||
First Data Corp.: |
||||||||
2018 Dollar Term Loan, 4.21%, 3/23/18 |
19,543 | 18,595,424 | ||||||
2018B Term Loan, 5.21%, 9/24/18 |
4,575 | 4,475,494 | ||||||
Infor (U.S.), Inc. (FKA Lawson Software, Inc.), Tranche B-2 Term Loan, 5.25%, 4/05/18 |
13,708 | 13,835,140 | ||||||
Interactive Data Corp., Term B Loan, 4.50%, 2/11/18 |
8,638 | 8,682,882 | ||||||
Sabre, Inc., Non-Extended Initial Term Loan, 2.21%, 9/30/14 |
375 | 374,468 | ||||||
Sophia, L.P., Initial Term Loan, 6.25%, 7/19/18 |
3,641 | 3,683,155 | ||||||
SS&C Technologies, Inc.,/Sunshine Acquisition II, Inc.: |
||||||||
Funded Term B-1 Loan, 5.00%, 6/07/19 |
5,163 | 5,219,095 | ||||||
Funded Term B-2 Loan, 5.00%, 6/07/19 |
534 | 539,906 | ||||||
SunGard Data Systems, Inc. (Solar Capital Corp.), Tranche B U.S. Term Loan,
|
589 | 588,679 | ||||||
|
|
|||||||
56,572,494 | ||||||||
|
. | ||||||||
6 | BLACKROCK FLOATING RATE INCOME PORTFOLIO | NOVEMBER 30, 2012 |
Consolidated Schedule of Investments (continued) | (Percentages shown are based on Net Assets) |
Floating Rate Loan Interests (c) |
Par (000) |
Value | ||||||
|
||||||||
Specialty Retail 4.8% |
||||||||
Academy Ltd., Initial Term Loan (2012), 4.75%, 8/03/18 |
USD | 7,581 | $ | 7,600,015 | ||||
Davids Bridal, Inc., Initial Term Loan, 5.00%, 10/11/19 |
8,545 | 8,502,275 | ||||||
The Gymboree Corp., Term Loan, 5.00%, 2/23/18 |
944 | 910,782 | ||||||
Harbor Freight Tools USA, Inc./Central Purchasing LLC, Initial Loan, 5.50%, 11/14/17 |
2,294 | 2,307,625 | ||||||
J. Crew Group, Inc., Loan, 4.75%, 3/07/18 |
1,005 | 1,006,537 | ||||||
Jo-Ann Stores, Inc., Loan, 4.75%, 3/16/18 |
2,627 | 2,628,381 | ||||||
Michaels Stores, Inc.: |
||||||||
B-2 Term Loan,
|
6,968 | 7,028,481 | ||||||
B-3 Term Loan,
|
755 | 761,188 | ||||||
The Neiman Marcus Group, Inc., Term Loan, 4.75%, 5/16/18 |
4,990 | 4,988,952 | ||||||
Party City Holdings, Inc., Term Loan, 5.75%, 7/27/19 |
9,145 | 9,225,019 | ||||||
PETCO Animal Supplies, Inc., New Loan, 4.50%, 11/24/17 |
6,957 | 6,987,610 | ||||||
Toys R Us-Delaware, Inc.: |
||||||||
Initial Loan, 6.00%, 9/01/16 |
1,708 | 1,682,798 | ||||||
Term B-2 Loan, 5.25%, 5/25/18 |
496 | 483,816 | ||||||
Term B-3 Loan, 5.25%, 5/25/18 |
1,249 | 1,218,294 | ||||||
The Yankee Candle Co., Inc., Initial Term Loan, 5.25%, 4/02/19 |
5,530 | 5,579,927 | ||||||
|
|
|||||||
60,911,700 | ||||||||
|
||||||||
Textiles, Apparel & Luxury Goods 0.3% |
|
|||||||
Burlington Coat Factory Warehouse Corp., Term
|
1,377 | 1,386,579 | ||||||
Wolverine World Wide, Inc., Tranche B Term Loan, 4.00%, 7/31/19 |
2,888 | 2,904,116 | ||||||
|
|
|||||||
4,290,695 | ||||||||
|
||||||||
Transportation Infrastructure 0.1% |
|
|||||||
Road Infrastructure Investment LLC, Term Loan (First Lien), 6.25%, 3/30/18 |
920 | 918,074 | ||||||
|
||||||||
Wireless Telecommunication Services 1.8% |
|
|||||||
Cricket Communications, Inc., Term Loan, 4.75%, 10/10/19 |
2,275 | 2,284,965 | ||||||
MetroPCS Wireless, Inc., Tranche B-3 Term Loan, 4.00%, 3/17/18 |
3,050 | 3,053,879 | ||||||
Vodafone Americas Finance 2, Inc.: |
||||||||
Initial Loan, 6.88%, 8/11/15 (d) |
7,188 | 7,331,278 | ||||||
New Series A Loan, 6.25%, 7/11/16 |
5,981 | 6,145,734 | ||||||
WaveDivision Holdings LLC, Initial Term Loan, 5.50%, 10/12/19 |
3,940 | 3,989,250 | ||||||
|
|
|||||||
22,805,106 | ||||||||
|
||||||||
Total Floating Rate Loan Interests 90.5% |
|
1,155,304,658 | ||||||
|
||||||||
|
||||||||
Other Interests (e) |
Beneficial
Interest (000) |
Value | ||||||
|
||||||||
Chemicals 0.0% |
||||||||
Wellman Holdings, Inc. |
8,250 | 83 | ||||||
|
Other Interests (e) |
Beneficial Interest (000) |
Value | ||||||
|
||||||||
Diversified Financial Services 0.2% |
|
|||||||
J.G. Wentworth LLC Preferred Equity Interests |
USD 1 | $ | 2,470,586 | |||||
|
||||||||
Total Other Interests 0.2% |
2,470,669 | |||||||
|
||||||||
|
||||||||
Rights | Shares | Value | ||||||
|
||||||||
Paper & Forest Products 0.0% |
||||||||
Ainsworth Lumber Co. Ltd. (Issued 11/14/12) (b) |
268,109 | 174,288 | ||||||
|
||||||||
Total Rights 0.0% |
174,288 | |||||||
|
||||||||
|
||||||||
Warrants (f) | Shares | Value | ||||||
|
||||||||
Media 0.0% |
||||||||
New Vision Holdings LLC: |
||||||||
(Issued 3/21/11, Expires 9/30/14, Strike Price $25) |
7,419 | 22,257 | ||||||
(Issued 3/21/11, Expires 9/30/14, Strike Price $29.40) |
41,217 | 123,651 | ||||||
|
||||||||
Total Warrants 0.0% |
145,908 | |||||||
|
||||||||
Total Long-Term Investments |
||||||||
(Cost $1,216,126,842) 96.1% |
|
1,226,768,178 | ||||||
|
||||||||
|
||||||||
Short-Term Securities | Shares | Value | ||||||
|
||||||||
BlackRock Liquidity Funds, TempFund, Institutional Class, 0.15% (g)(h) |
191,250,898 | 191,250,898 | ||||||
|
||||||||
Total Short-Term Securities |
||||||||
(Cost $191,250,898) 15.0% |
191,250,898 | |||||||
|
||||||||
Total Investments |
||||||||
(Cost $1,407,377,740*) 111.1% |
|
1,418,019,076 | ||||||
Liabilities in Excess of Other Assets (11.1)% |
|
(142,005,568 | ) | |||||
|
|
|||||||
Net Assets 100.0% |
$ | 1,276,013,508 | ||||||
|
|
* | As of November 30, 2012, gross unrealized appreciation and gross unrealized depreciation based on cost for federal income tax purposes were as follows: |
Tax cost |
$ | 1,404,276,558 | ||
|
|
|||
Gross unrealized appreciation |
$ | 21,404,738 | ||
Gross unrealized depreciation |
(7,662,220 | ) | ||
|
|
|||
Net unrealized appreciation |
$ | 13,742,518 | ||
|
|
(a) | Non-income producing security. |
(b) | Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors. |
(c) | Variable rate security. Rate shown is as of report date. |
(d) | Represents a payment-in-kind security which may pay interest/dividends in additional par/shares. |
(e) | Other interests represent beneficial interests in liquidation trusts and other reorganization or private entities. |
. | ||||||||
BLACKROCK FLOATING RATE INCOME PORTFOLIO | NOVEMBER 30, 2012 | 7 |
Consolidated Schedule of Investments (continued) |
(f) | Warrants entitle the Fund to purchase a predetermined number of shares of common stock and are non-income producing. The purchase price and number of shares are subject to adjustment under certain conditions until the expiration date of the warrants, if any. |
(g) | Investments in issuers considered to be an affiliate of the Fund during the period ended November 30, 2012, for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows: |
|
||||||||||||||||
Affiliate |
Shares
Held at August 31, 2012 |
Net
Activity |
Shares
Held at
|
Income | ||||||||||||
|
||||||||||||||||
BlackRock Liquidity Funds, TempFund, Institutional Class |
105,813,605 | 85,437,293 | 191,250,898 | $ | 65,087 | |||||||||||
|
(h) | Represents the current yield as of report date. |
|
For Fund compliance purposes, the Funds industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. These definitions may not apply for purposes of this report, which may combine such industry sub-classifications for reporting ease. |
|
Foreign currency exchange contracts as of November 30, 2012 were as follows: |
|
Credit default swaps on single-name issues - sold protection outstanding as of November 30, 2012 were as follows: |
|
||||||||||||||||||
Issuer |
Receive
Fixed Rate |
Counter party |
Expir-
ation
|
Issuer
Credit Rating 1 |
Notional
Amount (000) 2 |
Un-
realized
ciation |
||||||||||||
|
||||||||||||||||||
Caesars Enter- tainment
Operating
|
5.00 | % |
JPMorgan
Chase & Co. |
12/20/15 | CCC | USD 1,199 | 52,556 | |||||||||||
|
1 |
Using Standard & Poors rating. |
2 |
The maximum potential amount the Fund may pay should a negative credit event take place as defined under the terms of the agreement. |
|
Fair Value Measurements Various inputs are used in determining the fair value of investments and derivative financial instruments. These inputs to valuation techniques are categorized into a disclosure hierarchy consisting of three broad levels for financial reporting purposes as follows: |
|
Level 1 unadjusted price quotations in active markets/exchanges for identical assets and liabilities that the Fund has the ability to access |
|
Level 2 other observable inputs (including, but not limited to: quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other marketcorroborated inputs) |
|
Level 3 unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the Funds own assumptions used in determining the fair value of investments and derivative financial instruments) |
The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the level in the fair value hierarchy within which the fair value measurement falls in its entirety is determined based on the lowest level input that is significant to the fair value measurement in its entirety.
Changes in valuation techniques may result in transfers into or out of an assigned level within the disclosure hierarchy. In accordance with the Funds policy, transfers between different levels of the fair value disclosure hierarchy are deemed to have occurred as of the beginning of the reporting period. The categorization of a value determined for investments and derivative financial instruments is based on the pricing transparency of the investment and derivative financial instrument and is not necessarily an indication of the risks associated with investing in those securities. For information about the Funds policy regarding valuation of investments and derivative financial instruments and other significant accounting policies, please refer to the Funds most recent financial statements as contained in its annual report.
The following tables summarize the Funds investments and derivative financial instruments categorized in the disclosure hierarchy as of November 30, 2012:
. | ||||||||
8 | BLACKROCK FLOATING RATE INCOME PORTFOLIO | NOVEMBER 30, 2012 |
Consolidated Schedule of Investments (concluded) |
|
||||||||||||
Level 1 | Level 2 | Level 3 | Total | |||||||||
|
||||||||||||
Derivative Financial Instruments 1 |
|
|||||||||||
Assets: |
||||||||||||
Credit contracts |
| $ | 52,556 | | $ | 52,556 | ||||||
Foreign currency exchange contracts |
| 170,418 | | 170,418 | ||||||||
|
||||||||||||
Total |
| $ | 222,974 | | $ | 222,974 | ||||||
|
1 |
Derivative financial instruments are swaps and foreign currency exchange contracts, which are valued at the unrealized appreciation/depreciation on the instrument. |
Certain of the Funds assets and liabilities are held at carrying amount, which approximates fair value for financial reporting purposes. As of November 30, 2012, such assets and liabilities are categorized within the disclosure hierarchy as follows:
|
||||||||||||||
Level 1 | Level 2 | Level 3 | Total | |||||||||||
|
||||||||||||||
Assets: |
||||||||||||||
Foreign currency at value |
$ | 6,827,165 | | | $ | 6,827,165 | ||||||||
Liabilities: |
||||||||||||||
Bank overdraft |
| $ | (2,110,658 | ) | | (2,110,658 | ) | |||||||
|
||||||||||||||
Total |
$ | 6,827,165 | $ | (2,110,658 | ) | | $ | 4,716,507 | ||||||
|
|
There were no transfers between Level 1 and Level 2 during the period ended November 30, 2012.
Certain of the Funds investments are categorized as Level 3 and were valued utilizing transaction prices from recent transactions or third party pricing information without adjustment. Such valuations are based on unobservable inputs. A significant change in the unobservable inputs could result in a significantly lower or higher value in such Level 3 investments.
A reconciliation of Level 3 investments is presented when the Fund had a significant amount of Level 3 investments at the beginning and/or end of the period in relation to net assets. The following table is a reconciliation of Level 3 investments for which significant unobservable inputs were used in determining fair value:
|
||||||||||||||||
Common
Stocks |
Floating Rate
Loan Interests |
Other
Interests |
Total | |||||||||||||
|
||||||||||||||||
Assets: |
||||||||||||||||
Opening Balance, as of August 31, 2012 |
$ | 18,010 | $ | 38,764,070 | $ | 2,470,669 | $ | 41,252,749 | ||||||||
Transfers into Level 3 2 |
| 36,830,862 | | 36,830,862 | ||||||||||||
Transfers out of Level 3 2 |
| (16,708,469 | ) | | (16,708,469 | ) | ||||||||||
Accrued discounts/premiums |
| 18,100 | | 18,100 | ||||||||||||
Net realized gain (loss) |
| (3,447 | ) | | (3,447 | ) | ||||||||||
Net change in unrealized appreciation/depreciation 3 |
(1 | ) | 3,287,204 | | 3,287,203 | |||||||||||
Purchases |
| 31,774,945 | | 31,774,945 | ||||||||||||
Sales |
| (403,251 | ) | | (403,251 | ) | ||||||||||
|
||||||||||||||||
Closing Balance, as of November 30, 2012 |
$ | 18,009 | $ | 93,560,014 | $ | 2,470,669 | $ | 96,048,692 | ||||||||
|
|
2 |
Transfers into and transfers out of Level 3 represent the values as of the beginning of the reporting period. As of August 31, 2012, the Fund used observable inputs in determining the value of certain investments. As of November 30, 2012, the Fund used significant unobservable inputs in determining the value of the same investments. As a result, investments with a beginning period value of $36,830,862 transferred from Level 2 to Level 3 in the disclosure hierarchy. As of August 31, 2012, the Fund used significant unobservable inputs in determining the value of certain investments. As of November 30, 2012, the Fund used observable inputs in determining the value of the same investments. As a result, investments with a beginning of period value of $16,708,469 transferred from Level 3 to Level 2 in the disclosure hierarchy. |
3 |
The change in unrealized appreciation/depreciation on investments still held as of November 30, 2012 was $3,287,203. |
. | ||||||||
BLACKROCK FLOATING RATE INCOME PORTFOLIO | NOVEMBER 30, 2012 | 9 |
Item 2 | Controls and Procedures | |
2(a) | The registrants principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrants disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the 1940 Act)) are effective as of a date within 90 days of the filing of this report based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act and Rule 15d-15(b) under the Securities Exchange Act of 1934, as amended. | |
2(b) | There were no changes in the registrants internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the registrants last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrants internal control over financial reporting. | |
Item 3 | Exhibits | |
Certifications Attached hereto |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
BlackRock Funds II | ||
By: |
/s/ John M. Perlowski |
|
John M. Perlowski | ||
Chief Executive Officer (principal executive officer) of BlackRock Funds II | ||
Date: January 23, 2013 |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By: |
/s/ John M. Perlowski |
|
John M. Perlowski | ||
Chief Executive Officer (principal executive officer) of BlackRock Funds II | ||
Date: January 23, 2013 | ||
By: |
/s/ Neal J. Andrews |
|
Neal J. Andrews | ||
Chief Financial Officer (principal financial officer) of BlackRock Funds II | ||
Date: January 23, 2013 |
1 Year Blackrock 80/20 Target Allocation Fund, Investor A (MM) Chart |
1 Month Blackrock 80/20 Target Allocation Fund, Investor A (MM) Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions