BlackRock Inc (NYSE:BLK). had a total of $8.68 trillion assets under management (as of Dec 31, 2020) across equity, fixed income, cash management, alternative investment, real estate and advisory strategies. It caters to institutional, intermediary and individual investors through a wide range of products and services.
BlackRock offers an array of risk management, strategic advisor and enterprise investment system services. Its offerings range from individual and institutional separate accounts to mutual funds and other pooled investment options. In order to strike a balance between risks and opportunities, BlackRock aims to provide a wide range of investment solutions to its clients.
Below we share with you three top-ranked BlackRock funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform peers in the future. Investors can click here to see the complete list of funds.
BlackRock High Yield Bond Portfolio Investor A Shares BHYAX aims to maximize total return, consistent with income generation and prudent investment management. BHYAX invests primarily in non-investment grade bonds with maturities of 10 years or less. It normally invests at least 80% of its assets in high yield bonds. BHYAX has returned 6.2% in the past three years.
James Keenan is one of the fund managers of BHYAX since 2007.
BlackRock High Yield Bond Portfolio Investor A Shares BMGAX aims for long-term capital appreciation. This aggressive growth fund invests primarily in common stocks of 25 to 45 companies that the fund management believes have strong earnings and revenue growth as well as capital appreciation potential. The fund invests the lion’s share of its assets in large-cap equity securities and derivatives having similar economic characteristics to such securities. BMGAX has returned 25.5% in the past three years.
As of the end of July 2021, BMGAX held 72 issues, with 3.40% of its assets invested in MSCI Inc.
BlackRock Large Cap Focus Growth Fund Investor A Shares MDFOX aims for capital appreciation over the long term. The fund invests majority of assets in equity securities of mid-cap U.S. companies, which the fund’s management believes would have more-than-average earnings growth potential. The fund mostly invests in common stocks, preferred stocks, convertible securities and other equity securities. MDFOX has returned 24.8% in the past three years.
MDFOX has an expense ratio of 0.92% compared with the category average of 0.99%.
To view the Zacks Rank and past performance of all BlackRock mutual funds, investors can click here to see the complete list of funds.
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