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TAX EVALUATOR

Stay ahead of capital gains distributions at year-end

Taxes can have meaningful impact on investment returns. BlackRock's Tax Evaluator helps you uncover potential tax implications across client portfolios and find opportunities to invest more tax efficiently.
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How Tax Evaluator can help your clients

Get ahead of capital gains

See projected capital gain distributions before they create a potential tax liability. Monitor the timing and size of estimated distributions across 7,000+ funds.

Tax-loss harvesting opportunities

Quickly identify funds with negative price returns that may be candidates for tax-loss harvesting, helping you offset gains and potentially reduce your clients’ tax burden.

Tax-efficient alternatives

Discover ETF replacement ideas for mutual funds that may be underperforming, expensive, or distributing capital gains.

How to get started

Tax Evaluator dashboard displaying illustrative examples of capital gains estimates and tax savings opportunities.
Upload or select a portfolio

Get started by uploading a portfolio or selecting one you've already saved. Tax Evaluator analyzes fund holdings to surface potential tax considerations across your portfolio.

Identify tax opportunities

Review estimated capital gains distributions and potential tax-loss harvesting opportunities to uncover areas that may warrant closer attention.

Explore next steps

Evaluate tax-efficient alternatives and use the insights to support more informed portfolio discussions and tax-aware investment decisions.

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Explore what Tax Evaluator can do

Our team can walk you through the tool and show you how to identify potential tax-saving opportunities.
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TAX RESOURCES FOR ADVISORS

Build tax-efficient portfolios

Make tax planning part of every portfolio with tools and insights designed to help manage tax costs, uncover opportunities, and improve after-tax outcomes for your clients.

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Our most frequently asked questions

  • BlackRock Advisor Center 360° brings tax-aware analysis into both Portfolio Analyzer and Tax Evaluator. Within Portfolio Analyzer, advisors can review estimated capital gains distributions, tax drag, after-tax return estimates, tax-loss harvesting opportunities, and tax-efficient ETF replacement ideas alongside broader portfolio analytics.

    For a deeper dive, Tax Evaluator surfaces fund-level tax insights such as estimated capital gains distributions, historical capital gains distributions, tax-loss harvesting opportunities, tax characteristics, and contextual performance and fee information. These insights can help advisors identify potential tax considerations, prioritize client conversations, and keep after-tax outcomes front and center as part of the broader portfolio discussion. BlackRock Advisor Center 360° provides analytical insights to support decision-making and is not intended to provide individualized tax advice.

  • Tax Evaluator can be used throughout the year, not just during year-end tax planning. Advisors can use the tool to review tax drag, evaluate fund-level tax characteristics, identify potential tax-loss harvesting considerations, and prepare for client portfolio reviews. Incorporating these analytics into ongoing portfolio reviews can help advisors consider potential tax implications as part of the broader portfolio discussion.

    During mid-year and year-end, the tool includes additional information for thousands of funds that may have upcoming capital gains, helping advisors can take action and prepare ahead of distributions.

  • Tax evaluator provides tax-related analytics across thousands of mutual funds and ETFs, including historical capital gains and price return information to help uncover potential tax-loss harvesting opportunities. During mid-year and year-end, the tool also aggregates capital gains estimates for upcoming distributions across the industry. Advisors can use the tool monitor potential tax implications across their clients’ portfolios and look for opportunities to reduce their clients’ tax bills.

  • Yes. BlackRock Advisor Center 360° provides estimated capital gains distribution information across thousands of funds, helping advisors identify potential capital gains exposure and incorporate those considerations into portfolio and client conversations. Estimates are subject to change and may differ from actual distributions. The information is intended to support analysis and is not individualized investment or tax advice.

  • Tax Evaluator can help bring a prospect's portfolio story to life. By surfacing potential tax considerations alongside risk and performance insights, advisors can demonstrate how a more tax-aware approach may help address tax drag and uncover areas for further evaluation. These portfolio-specific insights can help make recommendations more tangible and reinforce the advisor's value during prospect conversations.

  • In addition to showing estimated upcoming capital gains distributions, Tax Evaluator can help uncover tax-loss harvesting opportunities by providing price return information on your funds. Selling funds with a negative price return could potentially help offset gains elsewhere in your portfolio. The tool also provides historical capital gains and performance information to help give you full picture as you evaluate your investments.