Equity

MCLTX

Latin America Fund

Overview

Loading

Performance

Performance

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.

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.

Performance chart data not available for display.
View full chart

Distributions

Interactive chart displaying fund performance. Javascript is required.

View full chart

Key Facts

Key Facts

Size of Class (Millions) as of Aug 05, 2020 $2.5 M
Size of Fund (Millions) as of Aug 05, 2020 $97.2 M
Share Class launch date Oct 21, 1994
Asset Class Equity
Morningstar Category Latin America Stock
Lipper Classification Latin American Funds
Benchmark Index MSCI EM Latin America
CUSIP 09250X303
Number of Holdings as of Jun 30, 2020 50
Max Offer Price as of Aug 05, 2020 $34.37
Open to New Investors Yes
Turnover Percent in the Annual Report as of Jun 30, 2020 70%

Portfolio Characteristics

Portfolio Characteristics

Average Market Cap (Millions) The average size of the securities the fund invests in. as of Jun 30, 2020 $ 24,216.0 M
Best 3-Month Return Over the Last 3 Years 3 months ending Jun 30, 2020 20.65%
Worst 3-Month Return Over the Last 3 Years 3 months ending Mar 31, 2020 -46.90%
Fund Standard Deviation (3y) as of Jul 31, 2020 32.21

This information must be preceded or accompanied by a current prospectus. For standardized performance, please see the Performance section above.

Ratings

Ratings

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 Jun 30, 2020 out of 28, 12,306, 28, 6 and 28 Funds, respectively in Lipper's Latin American Funds classification.

Holdings

Holdings

as of Jun 30, 2020
Name Weight (%)
VALE SA 9.94
PETROLEO BRASILEIRO SA PETROBRAS 9.39
AMERICA MOVIL SAB DE CV 6.20
B3 SA BRASIL BOLSA BALCAO 5.45
BANCO BRADESCO SA 4.28
Name Weight (%)
ITAU UNIBANCO HOLDING SA 4.26
B2W COMPANHIA DIGITAL 3.39
LOJAS AMERICANAS SA 3.21
GRUPO FINANCIERO BANORTE SAB DE CV 3.18
CENTRAIS ELETRICAS BRASILEIRAS SA 2.55

Exposure Breakdowns

Exposure Breakdowns

as of Jun 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Jun 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Jun 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Jun 30, 2020

% 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

Ed Kuczma
Ed Kuczma
Portfolio Manager

Literature

Literature

 

There are many ways to access BlackRock Funds, learn how you can add them to your portfolio