BDMAX

Global Long/Short Equity Fund

Overview

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Performance

Performance

  • Returns



The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.

Growth of Hypothetical $10,000 The growth of hypothetical $10,000 chart reflects a hypothetical $10,000 investment and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees and other expenses were deducted.

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Distributions

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Key Facts

Key Facts

Size of Class (Millions) as of 24-Jul-2017 $35.2 M
Size of Fund (Millions) as of 24-Jul-2017 $600.6 M
Share Class launch date 20-Dec-2012
Asset Class Alternative
Morningstar Category Market Neutral
Lipper Classification Alt Long/Short Equity
Benchmark Index BofA ML 3-MO US Treasury Bill (G0O1)
CUSIP 091936542
Max Offer Price as of 24-Jul-2017 $12.03
Number of Holdings (Long) as of 30-Sep-2016 838.00
Number of Holdings (Short) as of 30-Sep-2016 747.00
Open to New Investors Yes
Turnover Percent as of 30-Apr-2017 34%

Portfolio Characteristics

Portfolio Characteristics

P/E Ratio - Long as of 30-Jun-2017 18.22
P/E Ratio - Short as of 30-Jun-2017 22.70
Market Cap - Long (Millions) as of 30-Jun-2017 $17,946.4 M
Market Cap - Short (Millions) as of 30-Jun-2017 $25,274.8 M
P/B Ratio - Short as of 30-Jun-2017 2.13
P/B Ratio - Long as of 30-Jun-2017 2.42
Best 3-Month Return Over the Last 3 Years 3 months ending 30-Sep-2014 4.98%
Worst 3-Month Return Over the Last 3 Years 3 months ending 29-Feb-2016 -5.88%
This information must be preceded or accompanied by a current prospectus. For standardized performance, please see the Performance section above.

Ratings

Ratings

Lipper Leader

 
Overall Lipper Leaders ratings based on an equal-weighted average of percentile ranks for each measure over 3-, 5-, and 10-year periods (if applicable) and do not take into account the effects of sales charges for these categories (Consistent Return, Preservation, Total Return, Expense, and Tax Efficiency) as of 30-Apr-2017 out of 194, 11,916, 195, 65 and 195 Funds, respectively in Lipper's Alt Long/Short Equity classification.

Morningstar Analyst Rating

Morningstar Analyst Rating - Bronze
Morningstar has awarded the Fund a Bronze medal. Fewer than 10% of US open-end funds hold medalist ratings. (Effective 07-Jul-2017) ‡

Holdings

Holdings

as of 30-Jun-2017
Name Fund Weight (%)
SCRIPPS NETWORKS INTERACTIVE INC 1.95
VMWARE INC 1.94
VERISIGN INC 1.91
LOWES COMPANIES INC 1.91
MEDIASET ESPANA COMUNICACION SA 1.87
Name Fund Weight (%)
UPM-KYMMENE OYJ 1.86
CME GROUP INC 1.85
SWISS MKT IX SEP 17 1.85
KONINKLIJKE DSM NV 1.84
SPIRAX-SARCO ENGINEERING PLC 1.76
as of 30-Jun-2017
Name Fund Weight (%)
VERISK ANALYTICS INC -1.94
EXXON MOBIL CORP -1.91
CREDIT ACCEPTANCE CORPORATION -1.87
TRANSDIGM GROUP INC -1.83
ZIMMER BIOMET HOLDINGS INC -1.66
Name Fund Weight (%)
CF INDUSTRIES HOLDINGS INC -1.63
BALL CORPORATION -1.63
DONG ENERGY A/S -1.61
ABBOTT LABORATORIES -1.60
THYSSENKRUPP AG -1.60

Exposure Breakdowns

Exposure Breakdowns

as of 30-Jun-2017

% of Market Value

Type Long Short Net
as of 30-Jun-2017

% of Market Value

Type Long Short Net
as of 30-Jun-2017

% of Market Value

Type Long Short Net
as of 30-Jun-2017

% of Market Value

Type Long Short Net
Negative weightings may result from specific circumstances (including timing differences between trade and settle dates of securities purchased by the funds) and/or the use of certain financial instruments, including derivatives, which may be used to gain or reduce market exposure and/or risk management.

Allocations are subject to change.

Portfolio Managers

Portfolio Managers

Raffaele Savi
BlackRock Scientific Active Equity Investment Team

    

Kevin Franklin
Scientific Active Equity Investment Group

     

Richard Mathieson
Richard Mathieson
Portfolio Manager

Literature

Literature

 

How to Buy BlackRock Funds

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