BlackRock International Dividend Service
Name
As of 07/06/2021Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
8.6%
1 yr return
26.0%
3 Yr Avg Return
11.1%
5 Yr Avg Return
9.0%
Net Assets
$242 M
Holdings in Top 10
44.9%
52 WEEK LOW AND HIGH
$34.0
$27.01
$34.71
Expenses
OPERATING FEES
Expense Ratio 1.09%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 29.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$5,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 07/06/2021Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
BRESX - Profile
Distributions
- YTD Total Return 8.6%
- 3 Yr Annualized Total Return 11.1%
- 5 Yr Annualized Total Return 9.0%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.01%
- Dividend Yield 1.3%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameBlackRock International Dividend Fund
-
Fund Family NameBlackRock
-
Inception DateSep 26, 1997
-
Shares OutstandingN/A
-
Share ClassS
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerAndrew Wheatley-Hubbard
Fund Description
Under normal circumstances, the Fund will invest at least 80% of its net assets plus the amount of any borrowings for investment purposes in dividend-paying equity securities issued by foreign companies of any market capitalization and derivatives that have similar economic characteristics to such securities. Foreign securities may include securities of (i) foreign government issuers, (ii) issuers organized or located outside the United States, (iii) issuers which primarily trade in a market located outside the United States, or (iv) issuers doing a substantial amount of business outside the United States, which the Fund considers to be companies that derive at least 50% of their revenue or profits from business outside the United States or have at least 50% of their sales or assets outside the United States. The Fund will allocate its assets among various regions and countries (but in no less than three different countries). For temporary defensive purposes the Fund may deviate very substantially from this allocation.
The Fund will primarily invest in equity securities, which include common stock, preferred stock, securities convertible into common and preferred stock and non-convertible preferred stock. The Fund may invest in securities of non-U.S. issuers that can be U.S. dollar based or non-U.S. dollar based. The Fund may invest in securities of companies of any market capitalization, but intends to invest primarily in securities of large capitalization companies. The combination of equity securities will be varied from time to time both with respect to types of securities and markets in response to changing market and economic trends. The Fund may invest in shares of companies through initial public offerings (“IPOs”) or “new issues.”
The Fund may invest up to 20% of its net assets in global fixed-income securities, including corporate bonds, U.S. Government debt securities, non-U.S. Government and supranational debt securities (an example of such an entity is the International Bank for Reconstruction and Development (the “World Bank”)), asset-backed securities, mortgage-backed securities, corporate loans, emerging market debt securities and non-investment grade debt securities (high yield or junk bonds). Investment in fixed-income securities will be made on an opportunistic basis. The Fund may invest in fixed-income securities of any duration or maturity.
The Fund has no geographic limits in where it may invest outside of the United States. The Fund may invest in both developed and emerging markets.
The Fund may use derivatives, including options, futures, swaps and forward contracts, both to seek to increase the return of the Fund or to hedge (or protect) the value of its assets against adverse movements in currency exchange rates, interest rates and movements in the securities markets. The Fund may enter into currency transactions on a hedged or unhedged basis in order to seek total return. The Fund may, when consistent with its investment objective, buy or sell options or futures on a security or an index of securities and may buy options on a currency or a basket of currencies, or enter into foreign currency transactions, including swaps. The Fund may also use forward foreign
currency exchange contracts, which are obligations to buy or sell a currency at a pre-determined rate in the future. Derivatives are financial instruments whose value is derived from another security, a currency or an index. The use of options, futures, indexed securities, inverse securities, swaps and forward contracts can be effective in protecting or enhancing the value of the Fund’s assets. The Fund may, but under normal market conditions generally does not intend to, use derivatives for speculation to increase returns.
The Fund may invest in indexed and inverse securities.
The Fund may engage in active and frequent trading of portfolio securities to achieve its principal investment strategies.
The Fund is classified as diversified under the Investment Company Act of 1940, as amended.
BRESX - Performance
Return Ranking - Trailing
| Period | BRESX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.6% | -11.4% | 122.4% | 60.77% |
| 1 Yr | 26.0% | 3.7% | 79.2% | 92.36% |
| 3 Yr | 11.1%* | -9.0% | 26.6% | 12.52% |
| 5 Yr | 9.0%* | -1.6% | 17.5% | 79.67% |
| 10 Yr | 4.4%* | 0.4% | 9.9% | 93.06% |
* Annualized
Return Ranking - Calendar
| Period | BRESX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 6.9% | -39.9% | 992.1% | 55.30% |
| 2022 | 20.1% | -22.2% | 38.8% | 40.26% |
| 2021 | -18.1% | -50.2% | 25.1% | 49.14% |
| 2020 | -0.2% | -3.3% | 38.4% | 99.33% |
| 2019 | -3.7% | -13.9% | 14.4% | 80.65% |
Total Return Ranking - Trailing
| Period | BRESX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.6% | -11.4% | 122.4% | 59.74% |
| 1 Yr | 26.0% | 3.7% | 79.2% | 87.11% |
| 3 Yr | 11.1%* | -9.0% | 26.6% | 11.36% |
| 5 Yr | 9.0%* | -1.6% | 17.5% | 74.85% |
| 10 Yr | 4.4%* | 0.0% | 9.9% | 89.70% |
* Annualized
Total Return Ranking - Calendar
| Period | BRESX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 6.9% | -39.9% | 992.1% | 55.30% |
| 2022 | 20.1% | -22.2% | 38.8% | 40.26% |
| 2021 | -13.3% | -50.2% | 25.1% | 11.82% |
| 2020 | 16.5% | -3.3% | 38.4% | 93.12% |
| 2019 | 0.5% | -10.2% | 14.4% | 45.57% |
NAV & Total Return History
BRESX - Holdings
Concentration Analysis
| BRESX | Category Low | Category High | BRESX % Rank | |
|---|---|---|---|---|
| Net Assets | 242 M | 203 K | 405 B | 71.07% |
| Number of Holdings | 49 | 1 | 9783 | 85.95% |
| Net Assets in Top 10 | 110 M | 4.49 K | 39.4 B | 55.35% |
| Weighting of Top 10 | 44.86% | 1.9% | 100.0% | 9.54% |
Top 10 Holdings
- Novartis AG 6.14%
- Novartis AG 6.14%
- Novartis AG 6.14%
- Novartis AG 6.14%
- Novartis AG 6.14%
- Novartis AG 6.14%
- Novartis AG 6.14%
- Novartis AG 6.14%
- Novartis AG 6.14%
- Novartis AG 6.14%
Asset Allocation
| Weighting | Return Low | Return High | BRESX % Rank | |
|---|---|---|---|---|
| Stocks | 95.94% | 11.94% | 118.24% | 82.59% |
| Other | 2.74% | -8.32% | 152.15% | 5.22% |
| Cash | 1.32% | -104.97% | 59.11% | 50.87% |
| Preferred Stocks | 0.00% | -0.01% | 1.51% | 70.77% |
| Convertible Bonds | 0.00% | 0.00% | 3.54% | 69.15% |
| Bonds | 0.00% | -0.25% | 87.93% | 72.26% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | BRESX % Rank | |
|---|---|---|---|---|
| Consumer Defense | 22.50% | 0.11% | 25.64% | 2.14% |
| Healthcare | 21.98% | 0.00% | 22.26% | 0.76% |
| Financial Services | 16.96% | 0.00% | 44.02% | 57.43% |
| Industrials | 12.85% | 3.49% | 41.54% | 70.53% |
| Technology | 9.14% | 0.00% | 33.92% | 79.22% |
| Communication Services | 9.05% | 0.00% | 30.34% | 21.54% |
| Consumer Cyclical | 3.64% | 0.00% | 40.21% | 98.87% |
| Utilities | 2.38% | 0.00% | 32.75% | 58.69% |
| Basic Materials | 1.51% | 0.00% | 21.46% | 96.98% |
| Real Estate | 0.00% | 0.00% | 11.61% | 92.95% |
| Energy | 0.00% | 0.00% | 10.55% | 97.23% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | BRESX % Rank | |
|---|---|---|---|---|
| Non US | 82.86% | -1.01% | 123.45% | 93.41% |
| US | 13.08% | -25.44% | 101.08% | 3.23% |
BRESX - Expenses
Operational Fees
| BRESX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.09% | 0.01% | 4.97% | 34.13% |
| Management Fee | 0.79% | 0.00% | 1.90% | 78.29% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 50.00% |
| Administrative Fee | N/A | 0.01% | 1.00% | 31.47% |
Sales Fees
| BRESX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
| BRESX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| BRESX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 29.00% | 0.00% | 369.00% | 35.75% |
BRESX - Distributions
Dividend Yield Analysis
| BRESX | Category Low | Category High | BRESX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.33% | 0.00% | 1.81% | 70.40% |
Dividend Distribution Analysis
| BRESX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annually | Monthly | Annually |
Net Income Ratio Analysis
| BRESX | Category Low | Category High | BRESX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.01% | -1.13% | 3.42% | 24.47% |
Capital Gain Distribution Analysis
| BRESX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 07, 2018 | $0.033 | |
| Oct 12, 2018 | $0.114 | |
| Jul 20, 2018 | $0.250 | |
| Apr 12, 2018 | $0.268 | |
| Dec 05, 2017 | $0.315 | |
| Dec 14, 2016 | $1.297 | |
| Dec 15, 2014 | $0.822 | |
| Dec 18, 2013 | $0.046 | |
| Dec 14, 2012 | $0.389 | |
| Dec 13, 2011 | $0.444 | |
| Dec 15, 2010 | $0.210 | |
| Dec 15, 2009 | $0.372 | |
| Dec 08, 2006 | $0.606 | |
| Dec 29, 2005 | $0.354 | |
| Dec 21, 2004 | $0.279 | |
| Dec 22, 2003 | $0.017 |
BRESX - Fund Manager Analysis
Managers
Andrew Wheatley-Hubbard
Start Date
Tenure
Tenure Rank
Jun 12, 2017
4.05
4.1%
Andrew Wheatley-Hubbard, CFA, Director and portfolio manager, is co-head of the Global Equity team within the Fundamental Division of BlackRock's Active Equities Platform. He is the portfolio manager for the Global Dividend, International Dividend and Long-Horizon strategies. Mr. Wheatley-Hubbard joined BlackRock on the graduate programme in 2007, spending time in London and Hong Kong within Fundamental Active Equity. During his time on the Global Equity Team, Mr. Wheatley-Hubbard had been responsible for covering Global Real Estate, Industrials, Materials, Telecoms and Financials. He has also served as Director of Research. Mr. Wheatley-Hubbard earned MA and MEng degrees in engineering from Cambridge University in 2007.
Olivia Treharne
Start Date
Tenure
Tenure Rank
Feb 01, 2020
1.41
1.4%
Olivia Treharne, CFA, Director, is a member of the Global Equity team within the Fundamental Active Equity business of BlackRock's Active Equity Group. She is a co-portfolio manager for the Global Dividend, International Dividend strategies and responsible for covering the Financials sector. Prior to joining the firm in July 2019, Olivia spent five years on the buy-side at Legal & General Investment Management, having started her career as a Research Analyst at Goldman Sachs. Ms. Treharne graduated from Cambridge University with degree in Economics and also holds a Masters in Economic and Social History from Oxford University.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.02 | 29.43 | 5.44 | 0.68 |