BLACKROCK HIGH EQUITY INCOME FUND
Name
As of 11/08/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
13.4%
1 yr return
23.2%
3 Yr Avg Return
7.2%
5 Yr Avg Return
N/A
Net Assets
$2.02 B
Holdings in Top 10
16.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.88%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 146.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$5,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/08/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
BHEIX - Profile
Distributions
- YTD Total Return 13.4%
- 3 Yr Annualized Total Return 7.2%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 6.94%
- Dividend Yield 7.4%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameBLACKROCK HIGH EQUITY INCOME FUND
-
Fund Family NameBlackRock-advised Funds
-
Inception DateApr 30, 2020
-
Shares OutstandingN/A
-
Share ClassK
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDavid Zhao
Fund Description
BHEIX - Performance
Return Ranking - Trailing
Period | BHEIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 13.4% | -2.8% | 240.8% | 3.56% |
1 Yr | 23.2% | -4.3% | 140.6% | 6.09% |
3 Yr | 7.2%* | -8.3% | 18.3% | 34.62% |
5 Yr | N/A* | -5.0% | 17.3% | 10.17% |
10 Yr | N/A* | -4.6% | 13.2% | 15.69% |
* Annualized
Return Ranking - Calendar
Period | BHEIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.7% | -34.1% | 904.0% | N/A |
2022 | -8.7% | -28.6% | 438.4% | N/A |
2021 | 14.4% | -93.5% | 8.2% | N/A |
2020 | N/A | -38.9% | 19.8% | N/A |
2019 | N/A | -10.9% | 12.8% | N/A |
Total Return Ranking - Trailing
Period | BHEIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 13.4% | -2.7% | 244.0% | 3.56% |
1 Yr | 23.2% | -4.3% | 140.6% | 5.65% |
3 Yr | 7.2%* | -8.3% | 18.3% | 32.69% |
5 Yr | N/A* | -5.4% | 17.3% | 10.17% |
10 Yr | N/A* | -4.6% | 13.2% | 15.69% |
* Annualized
Total Return Ranking - Calendar
Period | BHEIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 10.8% | -34.1% | 904.0% | N/A |
2022 | -1.0% | -5.9% | 438.4% | N/A |
2021 | 24.4% | -81.2% | 8.2% | N/A |
2020 | N/A | -29.0% | 19.8% | N/A |
2019 | N/A | -10.9% | 12.8% | N/A |
NAV & Total Return History
BHEIX - Holdings
Concentration Analysis
BHEIX | Category Low | Category High | BHEIX % Rank | |
---|---|---|---|---|
Net Assets | 2.02 B | 25 | 17.4 B | 12.73% |
Number of Holdings | 174 | 2 | 508 | 29.39% |
Net Assets in Top 10 | 336 M | -6.66 M | 5.12 B | 21.76% |
Weighting of Top 10 | 16.47% | 11.3% | 100.0% | 45.33% |
Top 10 Holdings
- WELLS FARGO CO 2.19%
- Samsung Electronics Co Ltd 2.11%
- BlackRock Liquidity Funds T-Fund 1.80%
- British American Tobacco PLC 1.62%
- First Citizens BancShares Inc/NC 1.56%
- Fidelity National Information Services Inc 1.48%
- RTX Corp 1.47%
- Cardinal Health Inc 1.43%
- Citigroup Inc 1.41%
- Baxter International Inc 1.40%
Asset Allocation
Weighting | Return Low | Return High | BHEIX % Rank | |
---|---|---|---|---|
Stocks | 60.86% | -3.92% | 100.76% | 45.04% |
Bonds | 38.65% | 0.00% | 97.96% | 50.38% |
Cash | 1.80% | -0.76% | 100.29% | 66.79% |
Preferred Stocks | 0.24% | 0.00% | 3.08% | 44.66% |
Other | 0.00% | 0.00% | 45.92% | 10.69% |
Convertible Bonds | 0.00% | 0.00% | 20.91% | 46.95% |
Stock Sector Breakdown
Weighting | Return Low | Return High | BHEIX % Rank | |
---|---|---|---|---|
Financial Services | 20.71% | 0.00% | 29.60% | 0.84% |
Healthcare | 20.55% | 0.00% | 25.91% | 6.30% |
Consumer Defense | 11.52% | 0.00% | 22.87% | 5.46% |
Technology | 10.75% | 0.00% | 44.43% | 92.44% |
Energy | 7.80% | 0.00% | 69.54% | 6.30% |
Industrials | 7.70% | 1.41% | 43.91% | 81.09% |
Communication Services | 6.92% | 0.00% | 21.22% | 83.61% |
Consumer Cyclical | 6.26% | 0.00% | 19.02% | 97.06% |
Utilities | 5.37% | 0.00% | 13.35% | 8.40% |
Real Estate | 1.91% | 0.00% | 9.74% | 88.66% |
Basic Materials | 0.52% | 0.00% | 60.58% | 88.24% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | BHEIX % Rank | |
---|---|---|---|---|
US | 49.70% | -3.89% | 100.00% | 62.60% |
Non US | 11.16% | -2.17% | 99.33% | 13.36% |
Bond Sector Breakdown
Weighting | Return Low | Return High | BHEIX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 1.80% | 0.09% | 100.00% | 73.66% |
Derivative | 0.00% | 0.00% | 0.13% | 1.15% |
Securitized | 0.00% | 0.00% | 22.63% | 45.42% |
Corporate | 0.00% | 0.00% | 91.57% | 50.38% |
Municipal | 0.00% | 0.00% | 97.57% | 44.66% |
Government | 0.00% | 0.00% | 99.91% | 49.24% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | BHEIX % Rank | |
---|---|---|---|---|
US | 32.55% | 0.00% | 97.96% | 50.38% |
Non US | 6.10% | 0.00% | 16.94% | 45.04% |
BHEIX - Expenses
Operational Fees
BHEIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.88% | 0.20% | 6.78% | 54.32% |
Management Fee | 0.78% | 0.20% | 1.75% | 51.12% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.06% | 0.02% | 0.28% | 6.12% |
Sales Fees
BHEIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 4.75% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
BHEIX 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.
BHEIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 146.00% | 0.00% | 456.80% | 70.09% |
BHEIX - Distributions
Dividend Yield Analysis
BHEIX | Category Low | Category High | BHEIX % Rank | |
---|---|---|---|---|
Dividend Yield | 7.42% | 0.00% | 3.76% | 4.83% |
Dividend Distribution Analysis
BHEIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annually | Monthly | Annually |
Net Income Ratio Analysis
BHEIX | Category Low | Category High | BHEIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 6.94% | -2.54% | 14.24% | 9.02% |
Capital Gain Distribution Analysis
BHEIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Oct 31, 2024 | $0.183 | OrdinaryDividend |
Sep 30, 2024 | $0.212 | OrdinaryDividend |
Aug 30, 2024 | $0.192 | OrdinaryDividend |
Jul 31, 2024 | $0.168 | OrdinaryDividend |
Apr 30, 2024 | $0.147 | OrdinaryDividend |
Mar 31, 2024 | $0.177 | OrdinaryDividend |
Feb 29, 2024 | $0.166 | OrdinaryDividend |
Jan 31, 2024 | $0.132 | OrdinaryDividend |
Dec 29, 2023 | $0.147 | OrdinaryDividend |
Nov 30, 2023 | $0.175 | OrdinaryDividend |
Oct 31, 2023 | $0.127 | OrdinaryDividend |
Sep 30, 2023 | $0.163 | OrdinaryDividend |
Aug 31, 2023 | $0.182 | OrdinaryDividend |
Jul 31, 2023 | $0.129 | OrdinaryDividend |
Jun 30, 2023 | $0.164 | OrdinaryDividend |
May 31, 2023 | $0.177 | OrdinaryDividend |
Apr 28, 2023 | $0.156 | OrdinaryDividend |
Mar 31, 2023 | $0.175 | OrdinaryDividend |
Feb 28, 2023 | $0.157 | OrdinaryDividend |
Jan 31, 2023 | $0.166 | OrdinaryDividend |
Dec 30, 2022 | $0.166 | OrdinaryDividend |
Dec 08, 2022 | $0.049 | CapitalGainShortTerm |
Nov 30, 2022 | $0.167 | OrdinaryDividend |
Oct 31, 2022 | $0.118 | OrdinaryDividend |
Sep 30, 2022 | $0.170 | OrdinaryDividend |
Aug 31, 2022 | $0.165 | OrdinaryDividend |
Jul 29, 2022 | $0.139 | OrdinaryDividend |
Jul 14, 2022 | $0.013 | CapitalGainLongTerm |
Jun 30, 2022 | $0.154 | OrdinaryDividend |
May 31, 2022 | $0.232 | OrdinaryDividend |
Apr 29, 2022 | $0.134 | OrdinaryDividend |
Mar 31, 2022 | $0.163 | OrdinaryDividend |
Feb 28, 2022 | $0.170 | OrdinaryDividend |
Jan 31, 2022 | $0.134 | OrdinaryDividend |
Dec 31, 2021 | $0.193 | OrdinaryDividend |
Dec 31, 2021 | $0.132 | CapitalGainLongTerm |
Dec 07, 2021 | $0.075 | CapitalGainLongTerm |
Nov 30, 2021 | $0.165 | OrdinaryDividend |
Oct 29, 2021 | $0.156 | OrdinaryDividend |
Sep 30, 2021 | $0.169 | OrdinaryDividend |
Aug 31, 2021 | $0.159 | OrdinaryDividend |
Jul 30, 2021 | $0.140 | OrdinaryDividend |
Jul 15, 2021 | $0.080 | CapitalGainLongTerm |
Jun 30, 2021 | $0.155 | OrdinaryDividend |
May 28, 2021 | $0.194 | OrdinaryDividend |
Apr 30, 2021 | $0.179 | OrdinaryDividend |
Mar 31, 2021 | $0.161 | OrdinaryDividend |
Feb 26, 2021 | $0.171 | OrdinaryDividend |
Jan 29, 2021 | $0.118 | OrdinaryDividend |
Dec 31, 2020 | $0.159 | OrdinaryDividend |
Nov 30, 2020 | $0.129 | OrdinaryDividend |
Oct 30, 2020 | $0.128 | OrdinaryDividend |
Sep 30, 2020 | $0.162 | OrdinaryDividend |
Aug 31, 2020 | $0.153 | OrdinaryDividend |
Jul 31, 2020 | $0.111 | OrdinaryDividend |
Jun 30, 2020 | $0.111 | OrdinaryDividend |
May 29, 2020 | $0.166 | OrdinaryDividend |
Apr 30, 2020 | $0.030 | OrdinaryDividend |
BHEIX - Fund Manager Analysis
Managers
David Zhao
Start Date
Tenure
Tenure Rank
Jun 12, 2017
4.97
5.0%
Jointly and primarily responsible for the day-to-day management of the Fund’s portfolio including setting the Fund’s overall investment strategy and overseeing the management of the Fund
Tony DeSpirito
Start Date
Tenure
Tenure Rank
Jun 12, 2017
4.97
5.0%
Mr. DeSpirito has been a Managing Director of BlackRock, Inc. since 2014. Prior to joining BlackRock in August 2014, for the last 18 years Tony had been with Pzena Investment Management where he was Managing Principal, Portfolio Manager and a member of the firm’s Executive Committee. Prior to joining Pzena Investment Management in 1996, Mr. DeSpirito was an Associate in the Corporate Department at the Boston based law firm of Ropes & Gray LLP. At Ropes & Gray, he advised clients in the direct television, financial services, fitness, packaging films, retail, software, and wire and cable industries. Mr. DeSpirito earned a B.S. summa cum laude from the Wharton School of the University of Pennsylvania in 1990 and a J.D. magna cum laude from Harvard Law School in 1993. "
Kyle McClements
Start Date
Tenure
Tenure Rank
Jun 12, 2017
4.97
5.0%
CFA ,Managing Director of BlackRock, Inc. since 2010 McClements joined BlackRock following the merger with SSRM in 2005. Prior to joining BlackRock, he was vice president of SSRM's Quantitative Strategies Group where one of his responsibilities was implementing different option strategies on various equity accounts since 2004. Prior to joining SSRM, McClements was a vice president at Deutsche Asset Management where he was a derivative, program and FX trader. From 1998 to 2001, he was also a portfolio manager for the ProEquity Fund Series.
Christopher Accettella
Start Date
Tenure
Tenure Rank
Jan 28, 2020
2.34
2.3%
Christopher M. Accettella, Director since 2008, Vice President of BlackRock, Inc. from 2005 to 2008,is a member of the Fundamental Equity platform within BlackRock's Portfolio Management Group. He is a trader responsible for executing equity derivatives and options trades. Prior to joining BlackRock in 2005, Mr. Accettella was an institutional sales trader with American Technology Research. From 2001 to 2003, he was with Deutsche Asset Management where he was responsible for derivatives and program trading. Prior to that, he was a senior associate in the Pacific Basin Equity Group at Scudder Investments Singapore Limited. Mr. Accettella began his investment career in 1997 as a portfolio analyst in the European Equity group of Scudder Kemper Investments, Inc. Mr. Accettella earned a BA degree in economics and Asian studies from Colgate University in 1997.
Tom Pierce
Start Date
Tenure
Tenure Rank
Jun 08, 2021
0.98
1.0%
Director of BlackRock, Inc. since 2017; Research Analyst at Sierra Global Management from 2012 to 2017.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 19.77 | 3.61 | 5.67 |