BLACKROCK 60/40 TARGET ALLOCATION FUND
Name
As of 11/08/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
13.2%
1 yr return
23.2%
3 Yr Avg Return
2.8%
5 Yr Avg Return
7.5%
Net Assets
$1.62 B
Holdings in Top 10
82.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.67%
SALES FEES
Front Load 5.25%
Deferred Load N/A
TRADING FEES
Turnover 68.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/08/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
BAGPX - Profile
Distributions
- YTD Total Return 13.2%
- 3 Yr Annualized Total Return 2.8%
- 5 Yr Annualized Total Return 7.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.28%
- Dividend Yield 2.4%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameBLACKROCK 60/40 TARGET ALLOCATION FUND
-
Fund Family NameBlackRock-advised Funds
-
Inception DateFeb 05, 2007
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMichael Gates
Fund Description
BAGPX - Performance
Return Ranking - Trailing
Period | BAGPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 13.2% | -2.8% | 72.1% | 51.16% |
1 Yr | 23.2% | -2.5% | 83.4% | 46.51% |
3 Yr | 2.8%* | -5.1% | 15.5% | 56.61% |
5 Yr | 7.5%* | -2.6% | 21.5% | 50.88% |
10 Yr | 6.6%* | 1.0% | 12.8% | 48.93% |
* Annualized
Return Ranking - Calendar
Period | BAGPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 12.4% | -12.2% | 23.9% | 27.68% |
2022 | -17.9% | -34.7% | 2.8% | 43.45% |
2021 | 3.4% | -11.9% | 18.1% | 62.37% |
2020 | 12.7% | -20.9% | 39.7% | 10.32% |
2019 | 16.5% | 0.8% | 25.7% | 17.81% |
Total Return Ranking - Trailing
Period | BAGPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 13.2% | -2.8% | 72.1% | 51.16% |
1 Yr | 23.2% | -2.5% | 83.4% | 46.51% |
3 Yr | 2.8%* | -5.1% | 15.5% | 56.61% |
5 Yr | 7.5%* | -2.6% | 21.5% | 50.88% |
10 Yr | 6.6%* | 1.0% | 12.8% | 48.93% |
* Annualized
Total Return Ranking - Calendar
Period | BAGPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 15.5% | -12.2% | 26.8% | 28.41% |
2022 | -9.9% | -29.0% | 10.9% | 13.25% |
2021 | 12.2% | -3.0% | 27.3% | 59.48% |
2020 | 17.9% | -19.5% | 40.6% | 11.27% |
2019 | 21.3% | 2.2% | 32.7% | 27.45% |
NAV & Total Return History
BAGPX - Holdings
Concentration Analysis
BAGPX | Category Low | Category High | BAGPX % Rank | |
---|---|---|---|---|
Net Assets | 1.62 B | 789 K | 230 B | 36.40% |
Number of Holdings | 20 | 2 | 16015 | 71.01% |
Net Assets in Top 10 | 1.34 B | 859 K | 69.8 B | 34.49% |
Weighting of Top 10 | 82.47% | 10.8% | 122.7% | 34.06% |
Top 10 Holdings
- iShares Core SP 500 ETF 16.24%
- iShares MSCI USA Quality Factor ETF 11.11%
- MASTER TOTAL RETURN PORTFOLIO 10.94%
- iShares SP 500 Growth ETF 9.32%
- iShares Core Total USD Bond Market ETF 7.92%
- iShares MSCI EAFE Growth ETF 6.75%
- BlackRock Strategic Income Opportunities Portfolio 5.87%
- BlackRock Cash Funds - Institutional 5.43%
- BlackRock US Mortgage Portfolio 4.85%
- iShares SP 500 Value ETF 4.03%
Asset Allocation
Weighting | Return Low | Return High | BAGPX % Rank | |
---|---|---|---|---|
Stocks | 99.93% | 0.00% | 100.16% | 7.25% |
Cash | 5.54% | -7.92% | 100.00% | 18.99% |
Convertible Bonds | 0.31% | 0.00% | 23.84% | 79.85% |
Preferred Stocks | 0.00% | 0.00% | 23.91% | 97.54% |
Other | 0.00% | -42.55% | 113.97% | 90.58% |
Bonds | 0.00% | 0.00% | 74.58% | 98.26% |
Stock Sector Breakdown
Weighting | Return Low | Return High | BAGPX % Rank | |
---|---|---|---|---|
Technology | 22.34% | 0.00% | 44.21% | 26.79% |
Financial Services | 14.16% | 0.00% | 38.77% | 57.39% |
Healthcare | 12.07% | 0.00% | 29.35% | 79.21% |
Consumer Cyclical | 11.01% | 0.00% | 19.36% | 31.33% |
Industrials | 9.51% | 0.00% | 24.37% | 62.37% |
Communication Services | 7.64% | 0.00% | 38.10% | 40.85% |
Energy | 6.81% | 0.00% | 85.65% | 27.67% |
Consumer Defense | 6.41% | 0.00% | 15.14% | 58.42% |
Basic Materials | 3.72% | 0.00% | 25.57% | 61.20% |
Real Estate | 3.56% | 0.00% | 65.01% | 43.19% |
Utilities | 2.77% | 0.00% | 99.55% | 58.27% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | BAGPX % Rank | |
---|---|---|---|---|
US | 99.93% | 0.00% | 100.16% | 7.25% |
Non US | 0.00% | 0.00% | 39.06% | 96.52% |
BAGPX - Expenses
Operational Fees
BAGPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.67% | 0.03% | 17.63% | 80.26% |
Management Fee | 0.00% | 0.00% | 1.83% | 17.55% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 54.77% |
Administrative Fee | 0.06% | 0.01% | 0.83% | 40.11% |
Sales Fees
BAGPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.25% | 2.25% | 5.75% | 63.39% |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
BAGPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 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.
BAGPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 68.00% | 0.83% | 343.00% | 75.70% |
BAGPX - Distributions
Dividend Yield Analysis
BAGPX | Category Low | Category High | BAGPX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.43% | 0.00% | 17.90% | 31.65% |
Dividend Distribution Analysis
BAGPX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Monthly | SemiAnnual |
Net Income Ratio Analysis
BAGPX | Category Low | Category High | BAGPX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.28% | -2.34% | 13.92% | 42.63% |
Capital Gain Distribution Analysis
BAGPX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Monthly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 22, 2023 | $0.396 | OrdinaryDividend |
Dec 23, 2022 | $0.291 | OrdinaryDividend |
Dec 31, 2021 | $1.155 | OrdinaryDividend |
Dec 31, 2020 | $0.163 | OrdinaryDividend |
Dec 31, 2019 | $0.015 | CapitalGainShortTerm |
Dec 31, 2019 | $0.149 | CapitalGainLongTerm |
Dec 31, 2019 | $0.305 | OrdinaryDividend |
Dec 31, 2018 | $0.004 | CapitalGainLongTerm |
Dec 31, 2018 | $0.061 | OrdinaryDividend |
Nov 13, 2018 | $0.182 | CapitalGainShortTerm |
Nov 13, 2018 | $0.465 | CapitalGainLongTerm |
Nov 13, 2018 | $0.106 | OrdinaryDividend |
Dec 29, 2017 | $0.099 | CapitalGainShortTerm |
Dec 29, 2017 | $0.029 | CapitalGainLongTerm |
Dec 29, 2017 | $0.252 | OrdinaryDividend |
Dec 30, 2016 | $0.183 | OrdinaryDividend |
Dec 30, 2015 | $0.067 | CapitalGainShortTerm |
Dec 30, 2015 | $0.855 | CapitalGainLongTerm |
Dec 30, 2015 | $0.193 | OrdinaryDividend |
Dec 29, 2014 | $0.878 | CapitalGainLongTerm |
Dec 29, 2014 | $0.413 | OrdinaryDividend |
Dec 26, 2013 | $0.169 | OrdinaryDividend |
Dec 26, 2012 | $0.169 | OrdinaryDividend |
Dec 27, 2011 | $0.156 | OrdinaryDividend |
Dec 28, 2010 | $0.111 | OrdinaryDividend |
Dec 29, 2009 | $0.084 | OrdinaryDividend |
Dec 29, 2008 | $0.236 | CapitalGainLongTerm |
Dec 27, 2007 | $0.266 | OrdinaryDividend |
Dec 27, 2007 | $0.105 | CapitalGainShortTerm |
Dec 27, 2007 | $0.127 | CapitalGainLongTerm |
BAGPX - Fund Manager Analysis
Managers
Michael Gates
Start Date
Tenure
Tenure Rank
May 26, 2015
7.02
7.0%
Michael Gates, CFA, Managing Director, leads the Model Portfolio Solutions team in the Americas and is the lead portfolio manager for the Target Allocation Funds. He and his team also manage a series of outcome-oriented and total return asset allocation strategies for retail advisors and managed account investors. Mr. Gates' service with BlackRock dates back to 2009, where he served as part of the Multi-Asset Strategies group, as well as BlackRock's Global Trading group. Prior to 2009, Mr. Gates worked for Barclays Global Investors (BGI), which merged with BlackRock in 2009, in a variety of research roles, focused on fixed income and alternative investment strategies. Previously Mr. Gates worked as an analyst responsible for equity risk models at Barra. Mr. Gates earned his MS in Economics from the University of California, Davis, and a BS, with honors, from the University of California, Davis.
Lisa O'Connor
Start Date
Tenure
Tenure Rank
Jan 28, 2019
3.34
3.3%
Lisa O'Connor is the Global Head of Investments for the LifePath and Model Portfolio Solutions team within the Multi-Asset Strategies group. The team is responsible for the development and management of strategic and tactical asset allocation models. Prior to joining BlackRock in April 2017 - Ms. O'Connor served as the Head of Global Portfolio Management for SSGA's Global Macro fund. The fund utilized both proprietary quantitative and fundamental strategies for alpha generation. Ms. O'Connor was named one of the 50 leading women in hedge funds by the Hedge Fund Journal in 2015. Lisa Mears O’Connor,Managing Director of BlackRock since 2017, Investment Head for the Model Portfolio Solutions group. Previously, Ms. O'Connor was a Managing Director and Head of Global Portfolio Management of State Street Global Advisors from 2013 to 2017 and a Managing Director of Mellon Capital Management from 2001 to 2013.She received her M.B.A from the University of California at Berkeley in 2002. Ms. Mears O’Connor has attained the Chartered Financial Analyst (“CFA”) designation in 1998. Ms. Mears O’Connor has over 17 years of investment experience.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 34.51 | 6.37 | 2.41 |