Equity

BMECX

High Equity Income 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
-9.33 -0.70 3.76 6.98
-10.16 -0.70 3.76 6.98
Benchmark (%) -5.03 2.63 7.66 9.95
Morningstar Category Avg. (%) -0.35 2.23 3.28 4.74
Morningstar Ranking 179/146 90/104 44/61 5/15
Morningstar Quartile 4 4 3 1
Lipper Category Avg. (%) 26.76 16.74 15.50 13.92
Lipper Ranking 411/481 402/448 365/387 224/236
Lipper Quartile 4 4 4 4
  YTD 1m 3m 1y 3y 5y 10y
-15.09 -2.01 1.43 -9.33 -2.08 20.25 96.26
-15.90 -2.98 0.43 -10.16 -2.08 20.25 96.26
Benchmark (%) -11.58 -2.46 5.59 -5.03 8.11 44.61 158.14
Morningstar Category Avg. (%) -2.58 -1.16 0.03 -0.35 6.83 17.52 58.95
Lipper Category Avg. (%) 17.59 -1.01 10.24 26.76 60.94 108.53 274.74
  2015 2016 2017 2018 2019
Total Return (%) -2.69 5.93 16.35 -7.11 20.77
Benchmark (%) -3.83 17.34 13.66 -8.27 26.54
Morningstar Category Avg. (%) -0.51 5.45 9.08 -5.51 14.59
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 Nov 27, 2020 $20.3 M
Size of Fund (Millions) as of Nov 27, 2020 $332.7 M
Share Class launch date May 01, 1998
Asset Class Equity
Morningstar Category Options-based
Lipper Classification Equity Income Funds
Benchmark Index Russell 1000 Value Index (Total Return)
CUSIP 091929786
Distribution Frequency Monthly
Number of Holdings as of Oct 30, 2020 131
Max Offer Price as of Nov 27, 2020 $13.70
Open to New Investors Yes
Turnover Percent in the Annual Report 79%

Portfolio Characteristics

Portfolio Characteristics

P/B Ratio as of Oct 30, 2020 1.34
P/E Ratio - Forward as of Oct 30, 2020 12.61
Average Market Cap (Millions) as of Oct 30, 2020 $ 82,579.7 M
Alpha (3y) as of Oct 31, 2020 -0.29
R-Squared (3y) as of Oct 31, 2020 97.57
Beta (3y) as of Oct 31, 2020 0.87
Best 3-Month Return Over the Last 3 Years 3 months ending Jun 30, 2020 13.26%
Worst 3-Month Return Over the Last 3 Years 3 months ending Mar 31, 2020 -26.08%
Fund Standard Deviation (3y) as of Oct 31, 2020 16.08
Active Share as of Oct 30, 2020 84.46%

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 2.17%
Net Expense Ratio 1.85%

Net Expense Ratio excluding Investment Related Expenses is 1.85%

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

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 Oct 31, 2020 out of 452, 12,117, 453, 77 and 452 Funds, respectively in Lipper's Equity Income Funds classification.

Holdings

Holdings

as of Oct 30, 2020
Name Weight (%)
VERIZON COMMUNICATIONS INC 4.29
GENERAL MOTORS 2.58
WELLS FARGO 2.20
MARATHON PETROLEUM CORP 2.05
VERIZON COMMUNICATIONS INC - ELN 1.93
Name Weight (%)
BAE SYSTEMS PLC 1.91
PALANTIR TECHNOLOGIES LOCK UP Prvt 1.83
MEDTRONIC PLC 1.78
AMERICAN INTERNATIONAL GROUP INC 1.78
US BANCORP 1.75

Exposure Breakdowns

Exposure Breakdowns

as of Oct 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Oct 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Oct 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Oct 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

Tony DeSpirito
BlackRock Fundamental Active Equity Investment Team

   

Kyle McClements
Kyle McClements
Franco Tapia, CFA,
Portfolio Manager

 

 

David Zhao
Portfolio Manager

  

Christopher Accettella
Christopher Accettella
Portfolio Manager

Literature

Literature

 

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