Equity

BCLPX

Event Driven Equity 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
2.83 3.67 4.81 8.42
1.87 3.67 4.81 8.42
Benchmark (%) 1.10 1.69 1.20 0.64
Morningstar Category Avg. (%) -0.82 0.31 0.80 1.04
Morningstar Ranking 40/100 28/94 7/70 -
Morningstar Quartile 2 2 1 -
Lipper Category Avg. (%) 8.23 6.42 10.66 12.33
Lipper Ranking 27/52 21/47 12/35 3/17
Lipper Quartile 3 2 2 1
  YTD 1m 3m 1y 3y 5y 10y
1.64 -0.24 1.76 2.83 11.42 26.50 124.48
0.65 -1.24 0.78 1.87 11.42 26.50 124.48
Benchmark (%) 0.64 0.01 0.04 1.10 5.16 6.14 6.55
Morningstar Category Avg. (%) -0.95 -0.56 -0.44 -0.82 0.92 4.07 10.90
Lipper Category Avg. (%) -0.55 -3.75 7.09 8.23 21.20 67.07 221.08
  2015 2016 2017 2018 2019
Total Return (%) -2.46 3.18 6.15 4.40 6.28
Benchmark (%) 0.05 0.33 0.86 1.87 2.28
Morningstar Category Avg. (%) -0.25 2.23 2.37 -0.26 0.45
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 May 8, 2015 are the returns of the Fund when it followed different investment strategies under the name "BlackRock Large Cap Core Plus Fund," which focused on establishing long and short positions in a diversified portfolio of equity securities issued primarily by large cap companies located in the United States. 

Key Facts

Key Facts

Size of Class (Millions) as of Nov 27, 2020 $70.4 M
Size of Fund (Millions) as of Nov 27, 2020 $6,044.2 M
Share Class launch date Dec 19, 2007
Asset Class Alternative
Morningstar Category Market Neutral
Lipper Classification Alt Event Driven Funds
Benchmark Index ICE BofA 3 Month Treasury Bill Index (G0O1)
CUSIP 09250J742
Distribution Frequency Annual
Max Offer Price as of Nov 27, 2020 $8.47
Open to New Investors Yes
Turnover Percent in the Annual Report 177%

Portfolio Characteristics

Portfolio Characteristics

Best 3-Month Return Over the Last 3 Years 3 months ending Jun 30, 2020 5.44%
Worst 3-Month Return Over the Last 3 Years 3 months ending Mar 31, 2020 -5.27%
This information must be preceded or accompanied by a current prospectus. For standardized performance, please see the Performance section above.

Fees

Fees

as of current prospectus
Gross Expense Ratio 2.41%
Net Expense Ratio 2.34%

Net Expense Ratio excluding Investment Related Expenses is 2.17%

  • Acquired Fund Fees and Expenses 0.16%
  • Interest expense 0.01%

Exposure Breakdowns

Exposure Breakdowns

as of Oct 30, 2020

% of Market Value

Type Long Short Net
as of Oct 30, 2020

% of Market Value

Type Long Short Net
as of Oct 30, 2020

% of Market Value

Type Long Short Net
as of Oct 30, 2020

% 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

Mark McKenna
Mark McKenna
Portfolio Manager

Literature

Literature

 

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