BlackRock Defensive Advantage Emerging Markets Fund
Name
As of 11/08/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
11.7%
1 yr return
19.6%
3 Yr Avg Return
3.3%
5 Yr Avg Return
N/A
Net Assets
$10.6 M
Holdings in Top 10
16.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 3.53%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 64.00%
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
BKDEX - Profile
Distributions
- YTD Total Return 11.7%
- 3 Yr Annualized Total Return 3.3%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.52%
- Dividend Yield 0.8%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameBlackRock Defensive Advantage Emerging Markets Fund
-
Fund Family NameBlackRock-advised Funds
-
Inception DateDec 21, 2020
-
Shares OutstandingN/A
-
Share ClassK
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDavid Piazza
Fund Description
BKDEX - Performance
Return Ranking - Trailing
Period | BKDEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 11.7% | -12.1% | 34.0% | 54.30% |
1 Yr | 19.6% | -6.6% | 43.9% | 62.06% |
3 Yr | 3.3%* | -14.0% | 11.4% | 8.35% |
5 Yr | N/A* | -4.7% | 11.9% | N/A |
10 Yr | N/A* | -2.0% | 6.9% | N/A |
* Annualized
Return Ranking - Calendar
Period | BKDEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 9.5% | -6.5% | 35.5% | 39.75% |
2022 | -13.4% | -50.1% | -2.4% | 2.90% |
2021 | N/A | -33.1% | 22.5% | N/A |
2020 | N/A | -22.1% | 80.1% | N/A |
2019 | N/A | -0.7% | 42.0% | N/A |
Total Return Ranking - Trailing
Period | BKDEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 11.7% | -12.1% | 34.0% | 54.30% |
1 Yr | 19.6% | -6.6% | 43.9% | 62.06% |
3 Yr | 3.3%* | -14.0% | 11.4% | 8.35% |
5 Yr | N/A* | -4.7% | 11.9% | N/A |
10 Yr | N/A* | -2.0% | 6.9% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | BKDEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 12.0% | -2.7% | 42.0% | 40.87% |
2022 | -11.1% | -42.2% | 1.9% | 2.75% |
2021 | N/A | -32.5% | 33.1% | N/A |
2020 | N/A | -20.0% | 81.6% | N/A |
2019 | N/A | 2.3% | 42.0% | N/A |
NAV & Total Return History
BKDEX - Holdings
Concentration Analysis
BKDEX | Category Low | Category High | BKDEX % Rank | |
---|---|---|---|---|
Net Assets | 10.6 M | 682 K | 103 B | 95.23% |
Number of Holdings | 112 | 9 | 7534 | 42.36% |
Net Assets in Top 10 | 1.7 M | 290 K | 23.8 B | 96.91% |
Weighting of Top 10 | 16.11% | 2.9% | 101.1% | 95.22% |
Top 10 Holdings
- BlackRock Liquidity Funds: T-Fund, Institutional Shares 2.34%
- Colgate-Palmolive India Ltd 1.56%
- Zydus Lifesciences Ltd 1.55%
- MISC Bhd 1.55%
- HCL Technologies Ltd 1.55%
- Lupin Ltd 1.54%
- Boubyan Bank KSCP 1.52%
- Haier Smart Home Co Ltd 1.51%
- Larsen Toubro Ltd 1.51%
- Hellenic Telecommunications Organization SA 1.50%
Asset Allocation
Weighting | Return Low | Return High | BKDEX % Rank | |
---|---|---|---|---|
Stocks | 97.74% | 0.00% | 107.82% | 40.39% |
Cash | 2.90% | -2.03% | 98.08% | 26.37% |
Other | 0.01% | -1.11% | 26.93% | 20.48% |
Preferred Stocks | 0.00% | 0.00% | 13.31% | 99.72% |
Convertible Bonds | 0.00% | 0.00% | 7.40% | 98.31% |
Bonds | 0.00% | 0.00% | 88.10% | 98.32% |
Stock Sector Breakdown
Weighting | Return Low | Return High | BKDEX % Rank | |
---|---|---|---|---|
Financial Services | 21.74% | 0.00% | 48.86% | 51.85% |
Communication Services | 15.29% | 0.00% | 39.29% | 3.13% |
Technology | 12.91% | 0.00% | 47.50% | 92.47% |
Healthcare | 12.44% | 0.00% | 16.53% | 9.09% |
Consumer Defense | 12.02% | 0.00% | 25.90% | 7.81% |
Consumer Cyclical | 6.35% | 0.00% | 48.94% | 94.74% |
Basic Materials | 5.98% | 0.00% | 30.03% | 68.32% |
Energy | 5.27% | 0.00% | 24.80% | 31.82% |
Utilities | 4.22% | 0.00% | 39.12% | 9.09% |
Industrials | 3.79% | 0.00% | 43.53% | 81.25% |
Real Estate | 0.00% | 0.00% | 17.15% | 99.57% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | BKDEX % Rank | |
---|---|---|---|---|
Non US | 90.57% | 0.00% | 100.18% | 30.58% |
US | 7.17% | 0.00% | 100.95% | 60.73% |
BKDEX - Expenses
Operational Fees
BKDEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 3.53% | 0.03% | 29.98% | 5.91% |
Management Fee | 0.80% | 0.00% | 2.00% | 39.04% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.85% | N/A |
Sales Fees
BKDEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
BKDEX 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.
BKDEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 64.00% | 0.00% | 189.00% | 68.79% |
BKDEX - Distributions
Dividend Yield Analysis
BKDEX | Category Low | Category High | BKDEX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.79% | 0.00% | 9.74% | 39.55% |
Dividend Distribution Analysis
BKDEX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | Annual | Annual |
Net Income Ratio Analysis
BKDEX | Category Low | Category High | BKDEX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.52% | -1.98% | 17.62% | 57.35% |
Capital Gain Distribution Analysis
BKDEX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 08, 2023 | $0.128 | OrdinaryDividend |
Jul 20, 2023 | $0.079 | OrdinaryDividend |
Dec 07, 2022 | $0.217 | OrdinaryDividend |
Jul 14, 2022 | $0.014 | OrdinaryDividend |
Dec 07, 2021 | $0.328 | OrdinaryDividend |
Jul 15, 2021 | $0.043 | OrdinaryDividend |
Dec 30, 2020 | $0.004 | OrdinaryDividend |
BKDEX - Fund Manager Analysis
Managers
David Piazza
Start Date
Tenure
Tenure Rank
Dec 21, 2020
1.44
1.4%
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.
Jeff Shen
Start Date
Tenure
Tenure Rank
Dec 21, 2020
1.44
1.4%
Jeff Shen, PhD, Managing Director, is Co-CIO of Active Equity and Co-Head of Systematic Active Equity (SAE) at BlackRock. He is responsible for Asia Pacific and Emerging Market Active Equity Strategies. He is BlackRock's Head of Emerging Market and a member of the Global Operating Committee. Dr. Shen's service with BlackRock dates back to 2004, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. At BGI, he was the Head of Investment for Asia Pacific and Emerging Market active equities. Prior to joining BGI, he began his career in 1997 with JP Morgan where he held numerous positions in global macro investment and asset allocation research in both New York and London. Dr. Shen earned a BA degree in Economics from Hobart College, a MA degree in Economics from University of Massachusetts at Amherst, and a PhD degree in Finance from New York University. Dr. Shen is an adjunct professor at NYU teaching a MBA class on international investment. He also serves on the advisory board of Clausen Center at UC Berkeley.
Robert Fisher
Start Date
Tenure
Tenure Rank
Dec 21, 2020
1.44
1.4%
Robert Fisher, CFA, Director and senior portfolio manager, is a member of the European Equities team in the Scientific Active Equity division of BlackRock's Portfolio Management Group. He is responsible for managing Market Neutral strategies. Mr. Fisher's service with the firm dates back to 2001, including his years with Barclay's Global Investors (BGI), which merged with BlackRock in 2009. At BGI, he served as a senior portfolio manager within the European Scientific Equity team. Prior to joining BGI, he worked at the Bank of New York, Europe. Mr. Fisher earned a masters in aeronautical & astronautical engineering from Southampton University in 1999.
Richard Mathieson
Start Date
Tenure
Tenure Rank
Dec 21, 2020
1.44
1.4%
Richard Mathieson, CA, Managing Director of BlackRock, Inc. since 2011; Director of BlackRock, Inc. from 2009 to 2011; Principal at Barclays Global Investors from 2008 to 2009; Equity Analyst for Exista UK from 2007 to 2008; Principal at Barclays Global Investors from 2005 to 2007; Associate of Barclays Global Investors from 2001 to 2005. Mr. Mathieson is a member of the Systematic Active Equity division within BlackRock's Active Equities Group. He is a Portfolio Manager responsible for global equity strategies. Prior to this he led the Investment Strategy team in EMEA for Scientific Active Equity. Mr. Mathieson's service with the firm dates back to 2002, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. Prior to rejoining BGI in 2008, Mr. Mathieson was an equity analyst for a specialist investment company focused on European financial stocks. Previously he was with BGI as a senior portfolio manager, where he was responsible for managing both long only and market neutral strategies. Prior to joining the BlackRock, Inc. in 1999, Robert was a mortgage banking specialist at Ohio Savings Bank. Mr. Mathieson qualified as a Chartered Accountant with PricewaterhouseCoopers in 2000, and holds a Bachelor of Accountancy from the University of Glasgow
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 33.71 | 6.66 | 13.42 |