Equity

BMEAX

High Equity Income Fund

Overview

Loading

Performance

Performance

Growth of Hypothetical $10,000

Performance chart data not available for display.
View full chart

Distributions

Interactive chart displaying fund performance. Javascript is required.

View full chart
  1y 3y 5y 10y
-1.20 7.27 6.80 10.21
-6.39 5.36 5.66 9.62
Benchmark (%) -6.82 6.87 7.17 10.50
Morningstar Category Avg. (%) -2.60 6.62 5.61 7.27
Morningstar Ranking 6/82 22/79 14/52 3/29
Morningstar Quartile 1 1 1 1
Lipper Category Avg. (%) -29.91 4.24 8.58 10.85
Lipper Ranking 103/462 280/442 278/407 106/254
Lipper Quartile 1 3 3 2
  YTD 1m 3m 1y 3y 5y 10y
-6.16 -8.37 -9.05 -1.20 23.43 38.97 164.35
-11.08 -13.18 -13.82 -6.39 16.96 31.67 150.47
Benchmark (%) -12.86 -8.74 -12.21 -6.82 22.05 41.35 171.39
Morningstar Category Avg. (%) -7.29 5.47 -0.69 -2.60 15.77 27.30 94.07
Lipper Category Avg. (%) -31.93 -7.83 -21.59 -29.91 13.60 51.64 182.60
  2017 2018 2019 2020 2021
Total Return (%) 17.21 -6.39 21.66 -0.52 22.70
Benchmark (%) 13.66 -8.27 26.54 2.80 25.16
Morningstar Category Avg. (%) 13.46 -5.81 18.81 4.24 18.21
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 12, 2017 are the returns of the Fund when it followed different investment strategies under the name “BlackRock U.S. Opportunities Portfolio.”

Key Facts

Key Facts

Size of Class (Millions) as of Aug 08, 2022 $286.9 M
Size of Fund (Millions) as of Aug 08, 2022 $1,521.2 M
Share Class launch date May 01, 1998
Asset Class Equity
Morningstar Category Derivative Income
Lipper Classification Equity Income Funds
Benchmark Index Russell 1000 Value Index (Total Return)
CUSIP 091929810
Distribution Frequency Monthly
Number of Holdings as of Jul 29, 2022 160
Max Offer Price as of Aug 08, 2022 $24.69
Open to New Investors Yes
Turnover Percent in the Annual Report 146%

Portfolio Characteristics

Portfolio Characteristics

P/B Ratio as of Jul 29, 2022 1.78
P/E Ratio - Forward as of Jul 29, 2022 11.36
Average Market Cap (Millions) as of Jul 29, 2022 $ 87,650.4 M
Alpha (3y) as of Jul 31, 2022 0.08
R-Squared (3y) as of Jul 31, 2022 92.90
Beta (3y) as of Jul 31, 2022 0.92
30 Day SEC Yield as of Jun 30, 2022 6.66%
Best 3-Month Return Over the Last 3 Years 3 months ending Jan 31, 2021 20.18%
Worst 3-Month Return Over the Last 3 Years 3 months ending Mar 31, 2020 -25.96%
Fund Standard Deviation (3y) as of Jul 31, 2022 18.84
Active Share as of Jul 29, 2022 87.60%

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

ESG Integration

ESG Integration

ESG integration is the practice of incorporating material environmental, social and governance (ESG) information or insights alongside traditional measures into the investment decision process to improve long term financial outcomes of portfolios. Unless otherwise stated in Fund documentation or included within the Fund’s investment objective, inclusion of this statement does not imply that the Fund has an ESG-aligned investment objective, but rather describes how ESG information is considered as part of the overall investment process.


The Fund manager takes into account ESG considerations in combination with other information in the research and decision phases of the investment process. The Fund manager conducts regular portfolio reviews between with the Risk and Quantitative Analysis group and the Chief Investment Officers, which may include discussion of material ESG risks, as well as exposure to sustainability-related business involvements, climate-related metrics, and other factors. The Fund also includes an option overlay strategy; ESG factors are not considered in the investment process for the options overlay strategy.

Fees

Fees

as of current prospectus
Gross Expense Ratio 1.38%
Net Expense Ratio 1.10%

Net Expense Ratio excluding Investment Related Expenses is 1.10%

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

Ratings

Ratings

Morningstar Rating

4 stars
Overall Morningstar Rating for High Equity Income Fund, Class A, as of Jul 31, 2022 rated against 79 Derivative Income 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 439, 12,360, 439, 114 and 442 Funds, respectively in Lipper's Equity Income Funds classification.

Holdings

Holdings

as of Jul 29, 2022
Name Weight (%)
BP PLC 2.34
SANOFI SA 2.19
WELLS FARGO 2.18
KOMATSU LTD 1.92
ASTRAZENECA PLC 1.84
Name Weight (%)
CITIGROUP INC 1.71
APOLLO GLOBAL MANAGEMENT INC 1.69
FIDELITY NATIONAL INFORMATION SERV 1.65
GENERAL MOTORS 1.54
COGNIZANT TECHNOLOGY SOLUTIONS COR 1.48

Exposure Breakdowns

Exposure Breakdowns

as of Jul 29, 2022

% of Market Value

Type Fund Benchmark Net
as of Jul 29, 2022

% of Market Value

Type Fund Benchmark Net
as of Jul 29, 2022

% of Market Value

Type Fund Benchmark Net
as of Jul 29, 2022

% 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

Tony DeSpirito
BlackRock Fundamental Active Equity Investment Team

   

Kyle McClements
Kyle McClements
David Zhao
Portfolio Manager

  

Christopher Accettella
Christopher Accettella
Tom Pierce
Tom Pierce
Portfolio Manager

Literature

Literature

 

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