Equity

BKLSX

U.S. Insights Long/Short Equity Fund

Overview

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Performance

Performance

  1y 3y 5y 10y Incept.
13.10 - - - 13.90
Benchmark (%) 20.18 - - - 15.34
Morningstar Category Avg. (%) 19.48 - - - -
Morningstar Ranking 107/147 - - - -
Morningstar Quartile 4 - - - -
Lipper Ranking 118/180 - - - -
Lipper Quartile 3 - - - -
  YTD 1m 3m 1y 3y 5y 10y Incept.
4.70 -0.92 -4.44 13.10 - - - 18.41
Benchmark (%) 12.82 1.28 3.61 20.18 - - - 20.34
Morningstar Category Avg. (%) 12.12 0.86 3.55 19.48 - - - -
  2019 2020 2021 2022 2023
Total Return (%) - - - - -
Benchmark (%) - - - - -
Morningstar Category Avg. (%) - - - - -

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.
Click here for Distribution data

Key Facts

Key Facts

Size of Fund (Millions)
as of Dec 10, 2024
$11.9 M
Share Class launch date
Jun 13, 2023
Benchmark Index
50/50 S&P500 and ICE BofA 3 Month Treasury Bill Index
Morningstar Category
Long-Short Equity
CUSIP
09260J567
Open to New Investors
No
Size of Class (Millions)
as of Dec 10, 2024
$11.5 M
Asset Class
Equity
Distribution Frequency
Annual
Lipper Classification
Alt Long/Short Equity
Max Offer Price
as of Dec 10, 2024
$9.62
Turnover Percent in the Annual Report
-

Portfolio Characteristics

Portfolio Characteristics

P/E Ratio - Long
as of Nov 29, 2024
0.00
P/E Ratio - Short
as of Nov 29, 2024
16.83
R-Squared (3y)
as of -
-
Market Cap - Short (Millions)
as of Nov 29, 2024
$ 71,255.6 M
Beta (3y)
as of -
-
Number of Holdings (Short)
as of Nov 29, 2024
104
P/B Ratio
as of Nov 29, 2024
5.19
Alpha (3y)
as of -
-
Market Cap - Long (Millions)
as of Nov 29, 2024
$ 0.0 M
Fund Standard Deviation (3y)
as of -
-
Number of Holdings (Long)
as of Nov 29, 2024
123
Active Share
as of -
-
This information must be preceded or accompanied by a current prospectus. For standardized performance, please see the Performance section above.

Sustainability Characteristics

Sustainability Characteristics

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. MSCI Ratings are currently unavailable for this fund.

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 2.84%
Net Expense Ratio 1.56%

Net Expense Ratio excluding Investment Related Expenses is 1.56%

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

Ratings

Ratings

Holdings

Holdings

as of Nov 29, 2024
Name Weight (%)
MICROSOFT CORPORATION 6.04
NVIDIA CORPORATION 4.51
ALPHABET INC 4.35
APPLE INC 3.90
HESS CORP 3.54
Name Weight (%)
AMAZON.COM INC 3.30
THERMO FISHER SCIENTIFIC INC 3.02
COMCAST CORPORATION 2.92
BP PLC 2.80
ENTERGY CORPORATION 2.61
Name Market Value Weight (%) Shares
as of Nov 29, 2024
Issuer Weight (%)
MICROSOFT CORPORATION 6.04
NVIDIA CORPORATION 4.51
ALPHABET INC 4.35
APPLE INC 3.90
HESS CORP 3.54
Issuer Weight (%)
AMAZON.COM INC 3.30
THERMO FISHER SCIENTIFIC INC 3.02
COMCAST CORPORATION 2.92
BP PLC 2.80
ENTERGY CORPORATION 2.61
as of Nov 29, 2024
Name Fund Weight (%)
INTERNATIONAL BUSINESS MACHINES CORP -3.65
CNX RESOURCES CORP -2.93
FIRSTENERGY CORPORATION -2.56
EXXON MOBIL CORP -2.26
THOMSON REUTERS CORPORATION -2.21
Name Fund Weight (%)
ENBRIDGE INC -2.20
LINDE PLC -2.18
COSTAR GROUP INC -1.94
MURPHY OIL CORPORATION -1.66
WESTERN ALLIANCE BANCORP -1.64
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 Nov 29, 2024

% of Market Value

Type Long Short Net
as of Nov 29, 2024

% of Market Value

Type Long Short Net
as of Nov 29, 2024

% of Market Value

Type Long Short Net
as of Nov 29, 2024

% 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

William Su
William Su
Caroline Bottinelli
Managing Director

  

Travis Cooke
Managing Director, Systematic Equities
Linus Franngard
BlackRock Systematic Active Equity Investment Team

  

Simon McGeough
Simon McGeough
Portfolio Manager

Literature

Literature

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