Equity

MDEFX

BlackRock International Select Equity Fund

  • NAV as of Dec 04, 2025 $21.93
    52 WK: 18.33 - 24.44
  • 1 Day NAV Change as of Dec 04, 2025 $-0.08 (-0.36%)
  • NAV Total Return as of Dec 04, 2025 YTD: 17.77%

Overview

About this Fund

  • A developed market ex US exposure
  • Highly researched, low-turnover approach
  • Seeking long-term growth

Investment Approach

This fund seeks long-term portfolio growth through international securities (primarily European equities), across benchmarks, sectors, market caps and countries.
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Performance

Performance

  1y 3y 5y 10y
Total Return (%) 11.67 24.06 10.35 6.65
Return w/ Sales Charge (%) 5.80 21.85 9.17 6.07
Benchmark (%) 14.99 21.70 11.15 8.17
Morningstar Category Avg. (%) 16.32 16.46 6.10 7.23
Morningstar Ranking 167/330 23/311 14/281 171/178
Morningstar Quartile 2 1 1 4
Lipper Category Avg. (%) 18.52 23.97 11.71 8.27
Lipper Ranking 193/386 18/365 38/326 192/232
Lipper Quartile 2 1 1 4
  YTD 1m 3m 1y 3y 5y 10y
Total Return (%) 20.40 3.56 -0.17 11.67 90.95 63.64 90.29
Return w/ Sales Charge (%) 14.08 -1.88 -5.41 5.80 80.93 55.05 80.30
Benchmark (%) 25.14 1.91 4.77 14.99 80.26 69.68 119.28
Morningstar Category Avg. (%) 19.40 0.82 5.96 16.32 65.92 33.51 116.06
Lipper Category Avg. (%) 29.25 2.01 2.85 18.52 91.74 75.93 123.68
  2020 2021 2022 2023 2024
Total Return (%) 19.15 19.30 -24.00 20.36 6.93
Annual w/ Sales Charge (%) 12.90 13.04 -27.99 14.04 1.32
Benchmark (%) 7.89 13.54 -17.86 22.94 2.64
Morningstar Category Avg. (%) 25.48 7.69 -25.29 16.18 5.18

Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.

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. The performance information for periods prior to the inception date of the share class is based on the Fund’s Institutional Shares, adjusted to reflect the fees and expenses applicable to such share class. See the fund prospectus for more details.

Effective February 25, 2025, the Fund changed its name, investment process and investment strategies. Performance for the periods prior to February 25, 2025, is based on the investment process and investment strategies utilized by the Fund under the name "BlackRock EuroFund.” The Fund’s returns prior to October 23, 2018, are the returns of the Fund when it followed different investment strategies. Effective February 25, 2025, in connection with the change, investment strategies and investment process of the Fund, the MSCI EAFE Index replaced the MSCI EMU Index as the performance benchmark against which the Fund measures its performance. 

Click here for historical distribution data and here for upcoming distribution estimates

Key Facts

Key Facts

Size of Fund (Millions)
as of Dec 04, 2025
$113.8 M
Share Class launch date
Oct 21, 1994
Benchmark Index
MSCI EAFE Index (Net)
Lipper Classification
International Large-Cap Growth
Max Offer Price
as of Dec 04, 2025
$23.15
Turnover Percent in the Annual Report
as of Jun 30, 2025
89.00%
Size of Class (Millions)
as of Dec 04, 2025
$72.9 M
Asset Class
Equity
Morningstar Category
Foreign Large Growth
CUSIP
09251N106
Open to New Investors
Yes

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of Oct 31, 2025
42
P/E Ratio - Forward
as of Oct 31, 2025
21.19
Average Market Cap (Millions)
as of -
-
Fund Standard Deviation (3y)
as of Nov 30, 2025
16.96
Best 3-Month Return Over the Last 3 Years
3 months ending Jan 31, 2024
18.50%
Active Share
as of Oct 31, 2025
89.07%
P/B Ratio
as of Oct 31, 2025
3.82
Alpha (3y)
as of Nov 30, 2025
-0.41
R-Squared (3y)
as of Nov 30, 2025
77.19
Beta (3y)
as of Nov 30, 2025
1.23
Worst 3-Month Return Over the Last 3 Years
3 months ending Oct 31, 2023
-15.24%

This information must be preceded or accompanied by a current prospectus. For standardized performance, please see the Performance section above.

Fees

Fees

as of current prospectus
Gross Expense Ratio 1.54%
Net Expense Ratio 1.11%

Net Expense Ratio excluding Investment Related Expenses is 1.11%

  • Acquired Fund Fees and Expenses 0.00%
  • Interest expense 0.00%

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 Sep 30, 2025 out of 365, 12,058, 365, 90 and 365 Funds, respectively in Lipper's International Large-Cap Growth classification.

Holdings

Holdings

as of Oct 31, 2025
Name Weight (%)
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD 5.21
ADVANTEST CORPORATION 4.88
MASTERCARD INC 4.39
SAP SE 4.37
UNICREDIT SPA 4.32
Name Weight (%)
SAFRAN SA 4.09
LLOYDS BANKING GROUP PLC 3.46
MTU AERO ENGINES AG 3.20
AIRBUS SE 3.19
RELX PLC 2.86
Name Market Value Weight (%) Shares
Detailed Holdings and Analytics
Holdings are subject to change. Fund holdings and allocations shown are unaudited, and may not be representative of current or future investments. The Fund is actively managed and its details, holdings and characteristics will vary. Holdings shown should not be deemed as a recommendation to buy or sell securities. The user relies on this data at its own risk and neither BlackRock nor any other party makes any representations or express or implied warranties (which are expressly disclaimed) nor shall they incur any liability for any errors or omissions in the data.

Exposure Breakdowns

Exposure Breakdowns

as of Oct 31, 2025

% of Market Value

Type Fund Benchmark Net
as of Oct 31, 2025

% of Market Value

Type Fund Benchmark Net
as of Oct 31, 2025

% of Market Value

Type Fund Benchmark Net
as of Oct 31, 2025

% of Market Value

Type Fund Benchmark 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

Giles Rothbarth
Giles Rothbarth

  

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Giles Rothbarth, CFA, Managing Director and Portfolio Manager, is Co-Head of the European Equity team within the Fundamental Equity division of BlackRock's Portfolio Management Group. He is sole portfolio manager for the Continental European flexible strategies, as well as co-portfolio manager for the long-term select equity funds. Mr. Rothbarth joined BlackRock on the graduate program in 2010, after graduating with an MA (Hons) degree in Philosophy, Politics & Economics from The University of Oxford.

Stefan Gries
Stefan Gries

  

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Stefan Gries, CFA, Managing Director and Portfolio Manager, is Co-Head of the European Equity team within the Fundamental Equity division of BlackRock’s Portfolio Management Group.  He is co-portfolio manager of Absolute Return and long-term select equity portfolios. Prior to joining Blackrock in 2008, Mr. Gries spent 2 years at Scottish Widows Investment Partnership where he was a research analyst and portfolio assistant within the European Equity team.  Since joining BlackRock, he has worked both as a portfolio manager and as an analyst covering, at various times, energy, pharmaceuticals, insurance, consumer and business services. Mr. Gries earned an MA in Economics & Spanish from the University of St. Andrews in 2005. He is also a CFA charter holder.

Portfolio Manager

This fund does not seek to follow a sustainable, impact or ESG investment strategy. For more information regarding the fund's investment strategy, please see the fund's prospectus or, as applicable, shareholder report.

Literature

Literature