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Name

As of 07/24/2024

Price

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

BLACKROCK 20/80 TARGET ALLOCATION FUND

BCCPX | Fund

$10.89

$449 M

2.14%

$0.23

1.42%

Vitals

YTD Return

2.4%

1 yr return

5.5%

3 Yr Avg Return

-2.0%

5 Yr Avg Return

1.6%

Net Assets

$449 M

Holdings in Top 10

89.2%

52 WEEK LOW AND HIGH

$11.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.42%

SALES FEES

Front Load N/A

Deferred Load 1.00%

TRADING FEES

Turnover 72.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 07/24/2024

Price

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

BLACKROCK 20/80 TARGET ALLOCATION FUND

BCCPX | Fund

$10.89

$449 M

2.14%

$0.23

1.42%

BCCPX - Profile

Distributions

  • YTD Total Return 2.4%
  • 3 Yr Annualized Total Return -2.0%
  • 5 Yr Annualized Total Return 1.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.91%
DIVIDENDS
  • Dividend Yield 2.1%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    BLACKROCK 20/80 TARGET ALLOCATION FUND
  • Fund Family Name
    BlackRock-advised Funds
  • Inception Date
    Feb 05, 2007
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Michael Gates

Fund Description

The Fund, which is a fund of funds, normally intends to obtain exposure to equity securities (and certain other instruments described below) in an amount equal to 20% of its assets and exposure to fixed-income securities in an amount equal to 80% of its assets. The Fund intends to obtain this exposure primarily through investments in underlying funds, including exchange-traded funds (“ETFs”). Under normal circumstances, the Fund intends to invest primarily in affiliated open-end funds and affiliated ETFs.
In general, the Fund invests in three different kinds of underlying funds: those that invest primarily in equity securities or certain other instruments described below (referred to as “equity funds”), those that invest primarily in fixed-income securities (referred to as “fixed-income funds”), and those that invest in a mix of securities and other instruments in which equity funds and fixed-income funds invest (referred to as “multi-asset funds”). Equity funds may include funds that invest in, among other things, domestic and international equities, real estate-related securities or instruments and commodity-related securities or instruments. Fixed-income funds may include funds that invest in, among other things, domestic and non-U.S. bonds, U.S. Government securities, mortgage-backed securities, high yield (or junk) bonds, and cash or money market instruments. Multi-asset funds may include funds that invest in any of the securities or instruments in which equity funds or fixed-income funds may invest.
Variations in the target asset allocation between equity and fixed-income securities, through investments in underlying funds, are permitted up to 10%. Therefore, based on a target equity/fixed-income allocation of 20%/80%, the Fund may have an equity/fixed-income allocation that ranges from 30%/70% to 10%/90%. Although variations beyond the 10% range are generally not permitted, BlackRock may determine in light of market conditions or other factors that a greater variation is warranted to protect the Fund or achieve its investment goal.
The Fund’s equity allocation may be further diversified by style (including both value and growth funds), market capitalization (including both large cap and small cap funds), globally (including domestic and international (including emerging market) funds), or other factors. The Fund’s fixed-income allocation may be further diversified by sector (including government, corporate, agency, mortgage-backed securities, and other sectors), duration (a calculation of the average life of a bond which measures its price risk), credit quality (including non-investment grade debt or “junk bonds”), geographic location, or other factors. The percentage allocation to the various types of equity and fixed-income securities are determined at the discretion of the portfolio managers and can be changed to reflect the current market environment.
The Fund may have indirect exposure to derivative instruments through its investments in certain underlying funds.
Read More

BCCPX - Performance

Return Ranking - Trailing

Period BCCPX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.4% -1.5% 8.6% 63.93%
1 Yr 5.5% -4.9% 17.1% 59.02%
3 Yr -2.0%* -10.4% 5.5% 87.50%
5 Yr 1.6%* -9.0% 6.0% 82.30%
10 Yr 2.3%* -2.5% 3.7% 73.26%

* Annualized

Return Ranking - Calendar

Period BCCPX Return Category Return Low Category Return High Rank in Category (%)
2023 5.6% -6.5% 9.5% 38.52%
2022 -17.5% -24.6% -1.5% 76.67%
2021 -0.4% -8.5% 3.8% 51.26%
2020 5.9% -16.2% 11.1% 22.41%
2019 9.7% 3.0% 10.7% 8.93%

Total Return Ranking - Trailing

Period BCCPX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.4% -1.5% 8.6% 63.93%
1 Yr 5.5% -4.9% 17.1% 59.02%
3 Yr -2.0%* -10.4% 5.5% 87.50%
5 Yr 1.6%* -9.0% 6.0% 82.30%
10 Yr 2.3%* -2.5% 3.7% 73.26%

* Annualized

Total Return Ranking - Calendar

Period BCCPX Return Category Return Low Category Return High Rank in Category (%)
2023 7.9% -5.6% 13.3% 68.03%
2022 -12.3% -22.6% 8.8% 52.50%
2021 7.0% -8.5% 13.8% 12.61%
2020 11.1% -13.7% 13.5% 5.17%
2019 15.6% 5.7% 18.4% 6.25%

NAV & Total Return History

BCCPX - Holdings

Concentration Analysis

BCCPX Category Low Category High BCCPX % Rank
Net Assets 449 M 8.81 M 5.46 B 38.52%
Number of Holdings 17 2 2275 69.67%
Net Assets in Top 10 400 M 9.21 M 5.27 B 28.69%
Weighting of Top 10 89.17% 10.9% 102.4% 50.00%

Top 10 Holdings

  1. MASTER TOTAL RETURN PORTFOLIO 21.07%
  2. iShares Core Total USD Bond Market ETF 17.07%
  3. BlackRock Strategic Income Opportunities Portfolio 12.02%
  4. iShares Core SP 500 ETF 10.21%
  5. BlackRock US Mortgage Portfolio 7.91%
  6. iShares 20+ Year Treasury Bond ETF 6.87%
  7. iShares MSCI USA Quality Factor ETF 5.02%
  8. iShares Treasury Floating Rate Bond ETF 3.09%
  9. iShares MSCI EAFE Value ETF 2.95%
  10. iShares Convertible Bond ETF 2.94%

Asset Allocation

Weighting Return Low Return High BCCPX % Rank
Stocks 		99.99% 0.00% 100.05% 14.75%
Convertible Bonds 		2.23% 0.00% 3.97% 27.05%
Cash 		1.66% 0.00% 44.38% 35.25%
Preferred Stocks 		0.00% 0.00% 1.13% 94.26%
Other 		0.00% -71.99% 36.26% 83.61%
Bonds 		0.00% 0.00% 154.51% 95.90%

Stock Sector Breakdown

Weighting Return Low Return High BCCPX % Rank
Technology 		21.61% 0.00% 25.62% 25.41%
Financial Services 		14.73% 0.00% 20.10% 50.82%
Healthcare 		12.68% 0.00% 19.76% 43.44%
Consumer Cyclical 		11.56% 0.00% 12.36% 19.67%
Industrials 		10.09% 0.00% 29.86% 62.30%
Communication Services 		7.67% 0.00% 11.71% 31.15%
Consumer Defense 		6.68% 0.00% 22.77% 49.18%
Energy 		4.45% 0.00% 27.98% 51.64%
Basic Materials 		4.00% 0.00% 8.62% 59.84%
Real Estate 		3.83% 0.00% 78.69% 54.10%
Utilities 		2.71% 0.00% 91.26% 59.84%

Stock Geographic Breakdown

Weighting Return Low Return High BCCPX % Rank
US 		99.99% 0.00% 100.05% 14.75%
Non US 		0.00% 0.00% 14.08% 94.26%

BCCPX - Expenses

Operational Fees

BCCPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.42% 0.11% 6.36% 23.77%
Management Fee 0.00% 0.00% 1.25% 12.30%
12b-1 Fee 1.00% 0.00% 1.00% 98.59%
Administrative Fee 0.06% 0.01% 0.70% 34.00%

Sales Fees

BCCPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load 1.00% 1.00% 1.00% 90.91%

Trading Fees

BCCPX 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.

BCCPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 72.00% 6.00% 318.00% 83.64%

BCCPX - Distributions

Dividend Yield Analysis

BCCPX Category Low Category High BCCPX % Rank
Dividend Yield 2.14% 0.00% 5.22% 76.23%

Dividend Distribution Analysis

BCCPX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Monthly Monthly

Net Income Ratio Analysis

BCCPX Category Low Category High BCCPX % Rank
Net Income Ratio 0.91% -1.30% 3.99% 84.17%

Capital Gain Distribution Analysis

BCCPX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Monthly Annually

Distributions History

View More +

BCCPX - 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
0.09 26.96 6.4 12.09

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