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Multi Asset

BACPX

20/80 Target Allocation Fund

Overview

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Performance

Performance

  • Returns

  YTD 1m 3m 1y 3y 5y 10y
12.20 0.90 2.02 12.20 17.64 22.22 84.13
6.31 -4.40 -3.33 6.31 11.46 15.80 74.47
Benchmark (%) Index: 14% MSCI ACWI Index, 6% MSCI US Index, and 80% Barclays US Universal Index.<br /><br /> Index returns are for illustrative purposes only. Index performance returns do not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index. Past performance does not guarantee future results.

as of Dec 31, 2019

12.91 0.81 2.15 12.91 19.58 25.63 69.81
Morningstar Category Avg. (%) Allocation--15% to 30% Equity

as of Dec 31, 2019

11.20 1.15 2.27 11.20 15.08 20.28 63.07
Lipper Category Avg. (%) Mixed-Asset Target Allocation Conserv

as of Dec 31, 2019

13.12 1.29 2.71 13.12 18.07 23.25 71.01
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 June 3, 2015 are the returns of the Fund when it followed different investment strategies under the name "BlackRock Conservative Prepared Portfolio."

Growth of Hypothetical $10,000 The growth of hypothetical $10,000 chart reflects a hypothetical $10,000 investment and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees and other expenses were deducted.

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Distributions

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Key Facts

Key Facts

Size of Class (Millions) as of Jan 23, 2020 $153.4 M
Size of Fund (Millions) as of Jan 23, 2020 $337.5 M
Share Class launch date Dec 21, 2006
Asset Class MultiAsset
Morningstar Category Allocation--15% to 30% Equity
Lipper Classification Mixed-Asset Target Allocation Conserv
Benchmark Index 14% MSCI ACWI Index, 6% MSCI US Index, and 80% Barclays US Universal Index
CUSIP 091937177
Number of Holdings as of Dec 31, 2019 13
Max Offer Price as of Jan 23, 2020 $12.47
Open to New Investors Yes
Turnover Percent as of Dec 31, 2019 62%

Portfolio Characteristics

Portfolio Characteristics

Average Market Cap (Millions) The average size of the securities the fund invests in. as of Dec 31, 2019 $ 23,926.9 M
R-Squared (3y) as of Dec 31, 2019 96.04
Beta (3y) as of Dec 31, 2019 1.02
Best 3-Month Return Over the Last 3 Years 3 months ending Mar 31, 2019 5.08%
Worst 3-Month Return Over the Last 3 Years 3 months ending Dec 31, 2018 -2.87%
Fund Standard Deviation (3y) as of Dec 31, 2019 3.19
This information must be preceded or accompanied by a current prospectus. For standardized performance, please see the Performance section above.

Ratings

Ratings

Morningstar Rating

4
Overall Morningstar Rating for 20/80 Target Allocation Fund, Class A, as of Dec 31, 2019 rated against 179 Allocation--15% to 30% Equity Funds based on risk adjusted total return.

Holdings

Holdings

as of Dec 31, 2019
Name Weight (%)
STRATEGIC INCOME OPPORTUNITIES FUN 23.67
US TOT BND INDEX MASTER FOR BR_CON 19.95
BLACKROCK TOTAL RETURN FUND CON 19.80
ISHARES US TREASURY BOND ETF 9.69
ISHARES CORE S&P TOTAL U.S. STOCK 6.30
Name Weight (%)
ISHARES EDGE MSCI MIN VOL USA ETF 3.19
MASTER ADV LARGE CAP CORE BR_CON 3.19
HIGH YIELD BOND FUND CLASS K 3.00
EMERGING MARKETS FUND INVK 2.98
ISHARES CORE MSCI EAFE ETF 2.07

Top Holdings


Exposure Breakdowns


Exposure Breakdowns

Exposure Breakdowns

as of Dec 31, 2019

% of Market Value

Type Fund
as of Dec 31, 2019

% of Market Value

Type Fund
as of Dec 31, 2019

% of Market Value

Type Fund
Allocations subject to change.
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

Michael Gates
BlackRock Multi-Asset Strategies Team

Michael Gates, CFA, is a Managing Director in the Multi-Asset Strategies group at BlackRock.

Lisa O'Connor
Lisa O'Connor
Portfolio Manager

Literature

Literature

 

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