Multi Asset

MKCPX

Sustainable Balanced Fund

Overview

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Performance

Performance

  1y 3y 5y 10y
26.36 6.70 10.08 8.98
Morningstar Category Avg. (%) 22.70 3.15 7.42 6.57
Morningstar Ranking 80/729 85/682 66/639 -
Morningstar Quartile 1 1 1 1
Lipper Ranking 128/453 83/429 81/404 -
Lipper Quartile 2 1 1 -
  YTD 1m 3m 1y 3y 5y 10y
15.05 1.96 5.94 26.36 21.48 61.63 136.35
Morningstar Category Avg. (%) 10.63 -1.51 1.75 22.70 15.39 47.02 94.70
  2019 2020 2021 2022 2023
Total Return (%) 21.98 15.48 16.67 -15.41 16.95
Morningstar Category Avg. (%) 19.23 11.72 13.89 -13.64 13.78

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 January 25, 2018, the inception date of the share class, shows the performance of the Fund’s Institutional Shares. The performance of this share class would be substantially similar to Institutional Shares because this share class and Institutional Shares invest in the same portfolio of securities and performance would only differ to the extent that this share class and Institutional Shares have different expenses.

The Fund’s returns prior to April 8, 2022 are the returns of the Fund when it followed different investment strategies and investment process under the name “BlackRock Balanced Capital Fund, Inc.”  Effective on or about April 8, 2022, the Fund removed the customized weighted index comprised of the returns of the Russell 1000® Index (60%) and the Bloomberg U.S. Aggregate Bond Index (40%) and added the customized weighted index comprised of the returns of the MSCI All Country World Index (60%) and the Bloomberg U.S. Aggregate Bond Index (40%) as the performance benchmark against which the Fund measures its performance.

See the Fund’s prospectus for more details.
Click here for Distribution data

Key Facts

Key Facts

Size of Fund (Millions)
as of Dec 10, 2024
$1,664.4 M
Share Class launch date
Jan 25, 2018
Distribution Frequency
Annual
Lipper Classification
Mixed-Asset Target Allocation Growth
Max Offer Price
as of Dec 10, 2024
$27.82
Turnover Percent in the Annual Report
as of May 31, 2024
127.00%
Size of Class (Millions)
as of Dec 10, 2024
$88.5 M
Asset Class
Multi Asset
Morningstar Category
Moderate Allocation
CUSIP
09251C605
Open to New Investors
No

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of Nov 29, 2024
972
P/B Ratio
as of Nov 29, 2024
2.98
Average Market Cap (Millions)
as of -
-
Fund Sharpe Ratio (3y)
as of Apr 30, 2022
0.66
Beta (3y)
as of Apr 30, 2022
1.06
Best 3-Month Return Over the Last 3 Years
3 months ending Jan 31, 2024
12.38%
P/E Ratio
as of Nov 29, 2024
22.12
Alpha (3y)
as of Apr 30, 2022
-0.02
R-Squared (3y)
as of Apr 30, 2022
99.08
Fund Standard Deviation (3y)
as of Apr 30, 2022
12.88
Effective Duration
as of Nov 29, 2024
1.54 yrs
Worst 3-Month Return Over the Last 3 Years
3 months ending Jun 30, 2022
-10.94%
This information must be preceded or accompanied by a current prospectus. For standardized performance, please see the Performance section above.

Sustainability Characteristics

Sustainability Characteristics

Sustainability Characteristics provide investors with specific non-traditional metrics. Alongside other metrics and information, these enable investors to evaluate funds on certain environmental, social and governance characteristics. Sustainability Characteristics do not provide an indication of current or future performance nor do they represent the potential risk and reward profile of a fund. They are provided for transparency and for information purposes only. Sustainability Characteristics should not be considered solely or in isolation, but instead are one type of information that investors may wish to consider when assessing a fund. Learn more

This fund seeks to follow a sustainable, impact or ESG investment strategy, as disclosed in its prospectus. For more information regarding the fund's investment strategy, please see the fund's prospectus.

Review the MSCI methodologies behind Sustainability Characteristics using the links below.

MSCI ESG Fund Rating (AAA-CCC)
as of Nov 21, 2024
AA
MSCI ESG Quality Score (0-10)
as of Nov 21, 2024
7.2
Fund Lipper Global Classification
as of Nov 21, 2024
Mixed Asset USD Aggressive
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES)
as of Nov 21, 2024
58.35
MSCI ESG % Coverage
as of Nov 21, 2024
71.87%
MSCI ESG Quality Score - Peer Percentile
as of Nov 21, 2024
97.00%
Funds in Peer Group
as of Nov 21, 2024
367
MSCI Weighted Average Carbon Intensity % Coverage
as of Nov 21, 2024
67.07%
All data is from MSCI ESG Fund Ratings as of Nov 21, 2024, based on holdings as of Apr 30, 2024. As such, the fund’s sustainable characteristics may differ from MSCI ESG Fund Ratings from time to time.

To be included in MSCI ESG Fund Ratings, 65% (or 50% for bond funds and money market funds) of the fund’s gross weight must come from securities with ESG coverage by MSCI ESG Research (certain cash positions and other asset types deemed not relevant for ESG analysis by MSCI are removed prior to calculating a fund’s gross weight; the absolute values of short positions are included but treated as uncovered), the fund’s holdings date must be less than one year old, and the fund must have at least ten securities.

Business Involvement

Business Involvement

Business Involvement metrics can help investors gain a more comprehensive view of specific activities in which a fund may be exposed through its investments.


Business Involvement metrics are not indicative of a fund’s investment objective, and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’s investable universe. For more information regarding a fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodology behind the Business Involvement metrics, using links below.

MSCI - Controversial Weapons
as of Nov 29, 2024
0.02%
MSCI - Nuclear Weapons
as of Nov 29, 2024
0.01%
MSCI - Civilian Firearms
as of Nov 29, 2024
0.00%
MSCI - Tobacco
as of Nov 29, 2024
0.01%
MSCI - UN Global Compact Violators
as of Nov 29, 2024
0.00%
MSCI - Thermal Coal
as of Nov 29, 2024
0.00%
MSCI - Oil Sands
as of Nov 29, 2024
0.00%

Business Involvement Coverage
as of Nov 29, 2024
76.16%
Percentage of Fund not covered
as of Nov 29, 2024
23.84%
BlackRock business involvement exposures as shown above for Thermal Coal and Oil Sands are calculated and reported for companies that generate more than 5% of revenue from thermal coal or oil sands as defined by MSCI ESG Research. For the exposure to companies that generate any revenue from thermal coal or oil sands (at a 0% revenue threshold), as defined by MSCI ESG Research, it is as follows: Thermal Coal 0.08% and for Oil Sands 1.92%.

Business Involvement metrics are calculated by BlackRock using data from MSCI ESG Research which provides a profile of each company’s specific business involvement. BlackRock leverages this data to provide a summed up view across holdings and translates it to a fund's market value exposure to the listed Business Involvement areas above.


Business Involvement metrics are designed only to identify companies where MSCI has conducted research and identified as having involvement in the covered activity. As a result, it is possible there is additional involvement in these covered activities where MSCI does not have coverage. This information should not be used to produce comprehensive lists of companies without involvement. Business Involvement metrics are only displayed if at least 1% of the fund’s gross weight includes securities covered by MSCI ESG Research.

ESG Integration

ESG Integration

BlackRock considers many investment risks in our processes. In order to seek the best risk-adjusted returns for our clients, we manage material risks and opportunities that could impact portfolios, including financially material Environmental, Social and/or Governance (ESG) data or information, where available. See our Firm Wide ESG Integration Statement for more information on this approach and fund documentation for how these material risks are considered within this product, where applicable.

Fees

Fees

as of current prospectus
Gross Expense Ratio 0.49%
Net Expense Ratio 0.48%

Net Expense Ratio excluding Investment Related Expenses is 0.47%

  • Acquired Fund Fees and Expenses 0.01%
  • Interest expense 0.00%

Ratings

Ratings

Morningstar Rating

4 stars
Overall Morningstar Rating for Sustainable Balanced Fund, as of Nov 30, 2024 rated against 677 Moderate Allocation Funds based on risk adjusted total return.

Morningstar Medalist Rating

Morningstar Medalist Rating - BRONZE
Morningstar has awarded the Fund a Bronze medal. (Effective Dec 05, 2024)
Analyst-Driven % as of Dec 05, 2024
100.00
Data Coverage % as of Dec 05, 2024
100.00

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 Nov 30, 2024 out of 423, 4,406, 424, 238 and 424 Funds, respectively in Lipper's Mixed-Asset Target Allocation Growth classification.

Holdings

Holdings

as of Nov 29, 2024
Name Weight (%)
ISHARES RUSSELL 1000 VALUE ETF TRU 29.84
Name Market Value Weight (%) Shares
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.

Top Holdings

Exposure Breakdowns

Exposure Breakdowns

Sorry, countries/regions are not available at this time.
Sorry, countries/regions are not available at this time.
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

Philip Green
Head of Global Tactical Asset Allocation Team, Multi-Asset Strategies & Solutions

  

Anna Hawley, CFA
BlackRock Systematic Active Equity Investment Team
Richard Mathieson
Managing Director, Systematic Equities
Michael Pensky, CFA
Portfolio Manager, Global Tactical Asset Allocation Team

   

Scott Radell
Managing Director, Systematic Fixed Income

  

Dan Felder
Global Tactical Asset Allocation Team

   

Jasmita Mohan
Portfolio Manager, Systematic Fixed Income

 

 

Raffaele Savi
Global Head of BlackRock Systematic and Co-Chief Investment Officer and Co-Head of BlackRock’s Systematic Equities
Portfolio Manager

Literature

Literature

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