Multi Asset

MRBPX

Sustainable Balanced Fund

Overview

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Performance

Performance

Growth of Hypothetical $10,000

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Distributions

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  1y 3y 5y 10y
-10.93 5.63 6.73 8.31
Benchmark (%) -13.43 3.66 4.83 6.04
Morningstar Category Avg. (%) -7.36 6.13 6.07 7.14
Morningstar Ranking 344/755 185/707 128/647 68/479
Morningstar Quartile 3 2 1 1
Lipper Category Avg. (%) -12.89 4.93 5.70 7.46
Lipper Ranking 119/456 139/434 91/408 70/326
Lipper Quartile 2 2 1 1
  YTD 1m 3m 1y 3y 5y 10y
-16.31 -5.86 -11.12 -10.93 17.86 38.46 122.25
Benchmark (%) -16.28 -5.69 -11.36 -13.43 11.38 26.57 79.76
Morningstar Category Avg. (%) -10.12 5.09 -0.65 -7.36 14.25 29.37 91.03
Lipper Category Avg. (%) -16.63 -6.68 -12.07 -12.89 15.63 32.17 106.58
  2017 2018 2019 2020 2021
Total Return (%) 13.82 -3.74 21.16 14.68 15.84
Benchmark (%) 14.13 -2.59 22.16 16.29 14.62
Morningstar Category Avg. (%) 13.21 -5.76 19.23 11.72 13.89

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 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, in connection with its change in investment strategies and investment process, 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.

Key Facts

Key Facts

Size of Class (Millions) as of Aug 08, 2022 $10.9 M
Size of Fund (Millions) as of Aug 08, 2022 $1,609.9 M
Share Class launch date Jan 03, 2003
Asset Class MultiAsset
Morningstar Category Allocation--50% to 70% Equity
Lipper Classification Mixed-Asset Target Allocation Growth
Benchmark Index 60% MSCI All Country World Index/40% Bloomberg U.S. Aggregate Bond Index
CUSIP 09251C407
Distribution Frequency Semi-Annual
Number of Holdings as of Jul 29, 2022 931
Max Offer Price as of Aug 08, 2022 $20.22
Open to New Investors Yes
Turnover Percent in the Annual Report 4%

Portfolio Characteristics

Portfolio Characteristics

Average Market Cap (Millions) as of Jul 29, 2022 $ 388,465.0 M
Fund Sharpe Ratio (3y) as of Apr 30, 2022 0.60
Alpha (3y) as of Apr 30, 2022 -0.08
R-Squared (3y) as of Apr 30, 2022 99.12
Beta (3y) as of Apr 30, 2022 1.05
Best 3-Month Return Over the Last 3 Years 3 months ending Jun 30, 2020 15.30%
Worst 3-Month Return Over the Last 3 Years 3 months ending Mar 31, 2020 -13.11%
Fund Standard Deviation (3y) as of Apr 30, 2022 12.86
Effective Duration as of Jul 29, 2022 2.00 yrs
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 Jul 21, 2022 AA
MSCI ESG % Coverage as of Jul 21, 2022 74.10%
MSCI ESG Quality Score (0-10) as of Jul 21, 2022 7.5
MSCI ESG Quality Score - Peer Percentile as of Jul 21, 2022 46.92%
Fund Lipper Global Classification as of Jul 21, 2022 Mixed Asset USD Aggressive
Funds in Peer Group as of Jul 21, 2022 373
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of Jul 21, 2022 152.66
MSCI Weighted Average Carbon Intensity % Coverage as of Jul 21, 2022 50.89%
All data is from MSCI ESG Fund Ratings as of Jul 21, 2022, based on holdings as of Jan 31, 2022. 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% 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. For newly launched funds, Sustainability Characteristics are typically available 6 months after launch.

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 Jul 29, 2022 0.02%
MSCI - UN Global Compact Violators as of Jul 29, 2022 0.05%
MSCI - Nuclear Weapons as of Jul 29, 2022 0.00%
MSCI - Thermal Coal as of Jul 29, 2022 0.01%
MSCI - Civilian Firearms as of Jul 29, 2022 0.00%
MSCI - Oil Sands as of Jul 29, 2022 0.00%
MSCI - Tobacco as of Jul 29, 2022 0.02%

Business Involvement Coverage as of Jul 29, 2022 73.06%
Percentage of Fund not covered as of Jul 29, 2022 26.94%
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 0.66% and for Oil Sands 1.28%.

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.

Fees

Fees

as of current prospectus
Gross Expense Ratio 1.16%
Net Expense Ratio 1.14%

Net Expense Ratio excluding Investment Related Expenses is 1.12%

  • Acquired Fund Fees and Expenses 0.02%
  • Interest expense 0.00%

Ratings

Ratings

Morningstar Rating

4 stars
Overall Morningstar Rating for Sustainable Balanced Fund, Retirement, as of Jul 31, 2022 rated against 707 Allocation--50% to 70% Equity 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 Jul 31, 2022 out of 433, 4,604, 434, 243 and 434 Funds, respectively in Lipper's Mixed-Asset Target Allocation Growth classification.

Top Holdings

Portfolio Managers

Portfolio Managers

Philip Green
Head of Global Tactical Asset Allocation Team

  

Anna Hawley, CFA
BlackRock Systematic Active Equity Investment Team
Richard Mathieson
BlackRock Systematic Active Equity Investment Team
Michael Pensky, CFA
Global Tactical Asset Allocation Team

   

Scott Radell
Head of Core Portfolio Management, Systematic Fixed Income

  

Raffaele Savi
BlackRock Systematic Active Equity Investment Team
Joel Silva
Joel Silva
Daniel Felder
Daniel Felder
Portfolio Manager

Literature

Literature

 

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