Equity

BOLAX

Advantage Large Cap Core 529 Option

  • NAV as of Apr 18, 2024 $51.42
    52 WK: 40.36 - 53.66
  • 1 Day NAV Change as of Apr 18, 2024 -0.14 (-0.27%)
  • NAV Total Return as of Apr 18, 2024 YTD: 6.73%
  • Morningstar Rating

Overview

Investment Approach

Invests at least 80% of its assets in equity securities or other financial instruments that are components of, or have market capitalizations similar to, the securities included in the Russell 1000® Index.
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Performance

Performance

Growth of Hypothetical $10,000

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Cum. Fund Perf. Since Inception: 436.60

Distributions

This fund does not have any distributions.

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Ex-Date Payable Date Record Date Total Distribution Income ST Cap Gains LT Cap Gains Return of Capital

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Year Total Distribution Income ST Cap Gains LT Cap Gains

Past distributions are not indicative of future distributions.
Click here, for the most recent distributions.



  1y 3y 5y 10y
Total Return (%) 29.99 10.21 13.96 11.59
Return w/ Sales Charge (%) 26.09 9.09 13.27 11.25
Benchmark (%) 29.87 10.45 14.76 12.68
Morningstar Category Avg. (%) 26.52 8.59 12.60 10.82
Morningstar Ranking 49/333 77/286 80/219 82/175
Morningstar Quartile 1 1 2 3
  YTD 1m 3m 1y 3y 5y 10y
Total Return (%) 11.38 4.50 11.38 29.99 33.85 92.19 199.27
Return w/ Sales Charge (%) 8.03 1.36 8.03 26.09 29.84 86.43 190.30
Benchmark (%) 10.30 3.21 10.30 29.87 34.75 99.03 229.89
Morningstar Category Avg. (%) 9.27 3.23 9.27 26.52 28.05 81.00 179.32
  2019 2020 2021 2022 2023
Total Return (%) 28.63 19.47 28.16 -20.30 25.18
Benchmark (%) 31.43 20.96 26.45 -19.13 26.53
Morningstar Category Avg. (%) 28.51 16.64 23.92 -18.59 23.55

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.

Key Facts

Key Facts

Size of Class (Millions) as of Apr 18, 2024 $85.9 M
Size of Fund (Millions) as of Apr 18, 2024 $93.9 M
Share Class launch date Oct 05, 2009
Asset Class Equity
Benchmark Index Russell 1000 Index
CUSIP 19452P784
Max Offer Price as of Apr 18, 2024 $53.01
Open to New Investors Yes
Expenses as of current program description

Portfolio Characteristics

Portfolio Characteristics

P/B Ratio as of Mar 28, 2024 0.00
P/E Ratio - Forward as of Mar 28, 2024 0.00
Alpha (3y) as of Mar 31, 2024 0.00
Average Market Cap (Millions) as of Mar 28, 2024 $ 90,640,912,372.5 M
R-Squared (3y) as of Mar 31, 2024 99.05
Fund Standard Deviation (3y) as of Mar 31, 2024 17.51
Beta (3y) as of Mar 31, 2024 0.98
Active Share as of - -
This information must be preceded or accompanied by a current program description. For standardized performance, please see the Performance section above.

ESG Integration

ESG Integration

ESG integration is the practice of incorporating financially material environmental, social and governance (ESG) data or information into the investment decision process with the objective of enhancing risk-adjusted returns of our clients’ portfolios. Unless otherwise stated in Fund documentation or included within the Fund's investment objective, inclusion of this statement does not imply that the Fund has an ESG-aligned investment objective or strategy, but rather describes how ESG data or information is considered as part of the overall investment process.

The Fund manager may include ESG considerations in the research and decision phases of the investment process. Funds with ESG-related objectives may also include ESG considerations in the portfolio construction phase of the investment process. The research phase may include relevant, internal ESG research used to assess certain characteristics, including, but not limited to, economic and environmental transition, market structure, superior growth, management quality, and risk characteristics associated with environmental, social, and governance matters. ESG insights may be combined with other internal research views to inform active portfolio weighting versus a reference benchmark (or weighting implemented to achieve an absolute return outcome, if applicable). The Fund manager conducts regular portfolio reviews with the Risk and Quantitative Analysis group and with the Chief Investment Officers. These reviews include discussion, where appropriate, of the portfolio's exposure to material ESG risks, as well as exposure to sustainability-related business involvements, climate metrics, and other factors.

Fees

Fees

as of current program description
Gross Expense Ratio 0.87%
Net Expense Ratio 0.87%

Net Expense Ratio excluding Investment Related Expenses is 0.39%

  • Acquired Fund Fees and Expenses 0.48%
  • Interest expense 0.00%

Ratings

Ratings

Morningstar Rating

4 stars
Overall Morningstar Rating for Advantage Large Cap Core 529 Option, Class A, as of Mar 31, 2024 rated against 286 Static Large Blend Funds based on risk adjusted total return.

Holdings

Holdings

as of Mar 28, 2024
Name Weight (%)
BLACKROCK LARGE CAP CORE FUND 99.98
The portfolio holds a mutual fund and/or an ETF. Top holdings from the underlying vehicles are listed above for greater visibility

Exposure Breakdowns

Exposure Breakdowns

as of Mar 28, 2024

% of Market Value

Type Fund Benchmark Net
as of Mar 28, 2024

% of Market Value

Type Fund Benchmark Net
as of Mar 28, 2024

% of Market Value

Type Fund Benchmark Net
as of Mar 28, 2024

% 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

Raffaele Savi
Raffaele Savi
Global Head of BlackRock Systematic and Co-Chief Investment Officer and Co-Head of BlackRock’s Systematic Equities
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Raffaele Savi, Senior Managing Director, is Global Head of BlackRock Systematic (BSYS) and Co-Chief Investment Officer and Co-Head of Systematic Equities. He is a member of BlackRock’s Global Executive Committee and its Investment Sub Committee.

 

As head of BSYS, Mr. Savi leads the firm’s quantitative investing teams, including fixed income, equity and factor strategies.

 

In 2006, Mr. Savi joined Barclay's Global Investors (BGI), which merged with BlackRock in 2009. At BGI, Mr. Savi was global head of portfolio management for active equities and also served as its head of investments for European active equities.

 

Mr. Savi joined BGI from Capitalia where he held several executive roles in its asset management division between 1998 and 2005. His industry experience includes serving as board member and advisor to several pension funds and investment companies.

 

He was Adjunct Professor of Quantitative Finance at the University of Rome from 2002 to 2006, and since 2022, he has been a lecturer for the Master of Financial Engineering Program at Haas School of Business at University of California, Berkeley.

 

Mr. Savi earned a degree in electronic engineering from the University of Rome in 1997.

Travis Cooke
Travis Cooke
Managing Director, Systematic Equities
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Travis Cooke, CFA, Managing Director, is Head of North American strategies within BlackRock’s Systematic investment team. In his current role, Mr. Cooke is responsible for US and Canadian long-only and long-short strategies for retail and institutional clients. Mr. Cooke's service with the firm dates back to 1999, including his years with Barclays Global Investors, where he managed US strategies within the Alpha Strategies Group.

 

Mr. Cooke holds undergraduate degree in Economics from the University of California at Santa Barbara, an MSc in finance from London Business School, and has been a CFA charter holder since 2001.

Richard Mathieson
Richard Mathieson
Managing Director, Systematic Equities
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Richard Mathieson, CA, Managing Director, is a portfolio manager for global equity strategies within BlackRock’s Systematic investment team. Mr. Mathieson is a portfolio manager for several funds in the systematic equities team and leads the management of our Global Equity Market Neutral strategy.

 

Prior to this, he led the Investment Strategy team in EMEA for systematic equities. 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.

 

Mr. Mathieson qualified as a Chartered Accountant with PricewaterhouseCoopers in 2000 and holds a Bachelor of Accountancy from the University of Glasgow.

Portfolio Manager

Literature

Literature

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