Equity

BREKX

International Dividend Fund

Overview

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Performance

Performance

  1y 3y 5y 10y
24.63 7.37 9.38 5.77
Benchmark (%) 25.35 4.14 7.59 5.22
Morningstar Category Avg. (%) 24.17 4.29 7.73 5.42
Morningstar Ranking 346/717 21/667 88/629 -
Morningstar Quartile 2 1 1 2
Lipper Ranking 28/99 40/98 13/95 -
Lipper Quartile 2 2 1 -
  YTD 1m 3m 1y 3y 5y 10y
11.92 0.21 5.54 24.63 23.80 56.56 75.18
Benchmark (%) 14.21 2.69 8.06 25.35 12.93 44.14 66.30
Morningstar Category Avg. (%) 13.08 1.26 7.29 24.17 13.42 45.10 69.58
  2019 2020 2021 2022 2023
Total Return (%) 23.78 9.16 13.51 -10.03 15.69
Benchmark (%) 21.51 10.65 7.82 -16.00 15.62
Morningstar Category Avg. (%) 21.59 9.30 9.72 -15.84 16.25

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 commencement of operations 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 June 12, 2017 are the returns of the Fund when it followed a different investment objective, different investment strategies, and investment process under the name “BlackRock International Opportunities Portfolio.”

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

Key Facts

Key Facts

Size of Fund (Millions)
as of Oct 07, 2024
$894.4 M
Share Class launch date
Jan 25, 2018
Benchmark Index
MSCI All Country World ex US Index (Net TR) (USD)
Morningstar Category
Foreign Large Blend
CUSIP
09258N257
Open to New Investors
Yes
Size of Class (Millions)
as of Oct 07, 2024
$82.5 M
Asset Class
Equity
Distribution Frequency
Annual
Lipper Classification
International Equity Income
Max Offer Price
as of Oct 07, 2024
$37.63
Turnover Percent in the Annual Report
as of May 31, 2024
71.00%

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of Aug 30, 2024
39
P/E Ratio - Forward
as of Aug 30, 2024
19.82
Average Market Cap (Millions)
as of -
-
Fund Standard Deviation (3y)
as of Sep 30, 2024
16.64
Best 3-Month Return Over the Last 3 Years
3 months ending Jan 31, 2023
20.52%
Active Share
as of Aug 30, 2024
85.13%
P/B Ratio
as of Aug 30, 2024
3.61
Alpha (3y)
as of Sep 30, 2024
0.28
R-Squared (3y)
as of Sep 30, 2024
89.50
Beta (3y)
as of Sep 30, 2024
0.96
Worst 3-Month Return Over the Last 3 Years
3 months ending Sep 30, 2022
-11.47%

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 does not seek to follow a sustainable, impact or ESG investment strategy. The metrics do not change the fund’s investment objective or constrain the fund’s investable universe, and there is no indication that a sustainable, impact or ESG investment strategy will be adopted by the fund. 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 Sep 21, 2024
AA
MSCI ESG Quality Score (0-10)
as of Sep 21, 2024
8.1
Fund Lipper Global Classification
as of Sep 21, 2024
Equity Global Income
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES)
as of Sep 21, 2024
86.63
MSCI ESG % Coverage
as of Sep 21, 2024
99.89%
MSCI ESG Quality Score - Peer Percentile
as of Sep 21, 2024
97.16%
Funds in Peer Group
as of Sep 21, 2024
528
MSCI Weighted Average Carbon Intensity % Coverage
as of Sep 21, 2024
98.48%
All data is from MSCI ESG Fund Ratings as of Sep 21, 2024, based on holdings as of Mar 31, 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 Aug 30, 2024
0.00%
MSCI - Nuclear Weapons
as of Aug 30, 2024
0.00%
MSCI - Civilian Firearms
as of Aug 30, 2024
0.00%
MSCI - Tobacco
as of Aug 30, 2024
0.00%
MSCI - UN Global Compact Violators
as of Aug 30, 2024
0.00%
MSCI - Thermal Coal
as of Aug 30, 2024
0.00%
MSCI - Oil Sands
as of Aug 30, 2024
0.00%

Business Involvement Coverage
as of Aug 30, 2024
98.04%
Percentage of Fund not covered
as of Aug 30, 2024
1.96%
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 0.00% and for Oil Sands 3.69%.

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

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 includes ESG considerations in combination with other information in the research phase of the investment process. This may include relevant third-party insights, as well as internal engagement commentary and input from BlackRock Investment Stewardship on governance issues. 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-related metrics, and other factors.

Fees

Fees

as of current prospectus
Gross Expense Ratio 0.75%
Net Expense Ratio 0.61%

Net Expense Ratio excluding Investment Related Expenses is 0.61%

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

Ratings

Ratings

Morningstar Rating

5 stars
Overall Morningstar Rating for International Dividend Fund, as of Sep 30, 2024 rated against 667 Foreign Large Blend Funds based on risk adjusted total return.

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, 2024 out of 98, 12,357, 98, 71 and 98 Funds, respectively in Lipper's International Equity Income classification.

Morningstar Medalist Rating

Morningstar Medalist Rating - BRONZE
Morningstar has awarded the Fund a Bronze medal. (Effective May 26, 2024)
Analyst-Driven % as of May 26, 2024
100.00
Data Coverage % as of May 26, 2024
100.00

Holdings

Holdings

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.

Exposure Breakdowns

Exposure Breakdowns

as of Aug 30, 2024

% of Market Value

Type Fund Benchmark Net
as of Aug 30, 2024

% of Market Value

Type Fund Benchmark Net
as of Aug 30, 2024

% of Market Value

Type Fund Benchmark Net
as of Aug 30, 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

Olivia Treharne, CFA

Managing Director and co-Portfolio Manager on the Global Core Equity team.

Molly Greenen, CFA

Director and co-Portfolio Manager on the Global Core Equity team.

Portfolio Manager

Literature

Literature

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