Equity

MAEGX

Unconstrained Equity Fund

Overview

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Performance

Performance

Distributions

This fund does not have any distributions.
  1y 3y 5y 10y
22.53 15.23 10.17 13.38
Benchmark (%) 21.34 19.24 11.47 13.14
Morningstar Category Avg. (%) 13.47 16.08 6.17 12.58
Morningstar Ranking 64/300 162/288 54/274 71/201
Morningstar Quartile 1 2 1 2
Lipper Category Avg. (%) 20.72 18.77 7.42 13.48
Lipper Ranking 43/209 125/197 25/195 42/161
Lipper Quartile 1 3 1 2
  YTD 1m 3m 1y 3y 5y 10y
19.17 2.75 25.15 22.53 52.98 62.31 251.07
Benchmark (%) 9.69 -0.72 13.76 21.34 69.55 72.12 243.63
Morningstar Category Avg. (%) 7.92 0.73 15.62 13.47 56.42 34.92 227.05
Lipper Category Avg. (%) 12.63 0.94 17.90 20.72 69.14 45.55 261.99
  2021 2022 2023 2024 2025
Total Return (%) 20.65 -20.28 33.37 7.62 12.30
Benchmark (%) 21.82 -18.14 23.79 18.67 21.09
Morningstar Category Avg. (%) 12.84 -27.90 23.64 15.47 15.46
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 March 1, 2022 are the returns of the Fund when it followed different investment strategies and investment process under the name "BlackRock Long-Horizon Equity Fund.”

Click here for historical distribution data and here for upcoming distribution estimates

Key Facts

Key Facts

Size of Fund (Millions)
as of Jul 10, 2026
$997.2 M
Share Class launch date
Nov 04, 2005
Benchmark Index
MSCI World Index (Net)
Lipper Classification
Global Large-Cap Growth
Max Offer Price
as of Jul 10, 2026
$18.60
Turnover Percent in the Annual Report
as of Apr 30, 2026
79%
Size of Class (Millions)
as of Jul 10, 2026
$631.5 M
Asset Class
Equity
Morningstar Category
Global Large-Stock Growth
CUSIP
09251W403
Open to New Investors
Yes

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of Jun 30, 2026
23
P/E Ratio - Forward
as of Jun 30, 2026
31.42
Average Market Cap (Millions)
as of -
-
Fund Standard Deviation (3y)
as of Jun 30, 2026
17.82
Best 3-Month Return Over the Last 3 Years
3 months ending Jun 30, 2026
25.15%
Active Share
as of Jun 30, 2026
50.00%
P/B Ratio
as of Jun 30, 2026
10.48
Alpha (3y)
as of Jun 30, 2026
-0.68
R-Squared (3y)
as of Jun 30, 2026
82.35
Beta (3y)
as of Jun 30, 2026
1.30
Worst 3-Month Return Over the Last 3 Years
3 months ending Oct 31, 2023
-9.29%
For standardized performance, please see the Performance section above.

Fees

Fees

as of current prospectus
Gross Expense Ratio 0.96%
Net Expense Ratio 0.95%

Net Expense Ratio excluding Investment Related Expenses is 0.95%

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

Ratings

Ratings

Morningstar Medalist Rating

Morningstar Medalist Rating - GOLD
Morningstar has awarded the Fund a Gold medal, its highest level of conviction. (Effective Jul 09, 2026)
Analyst-Driven % as of Jul 09, 2026
100.00
Data Coverage % as of Jul 09, 2026
100.00

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, 2026 out of 197, 11,917, 197, 112 and 197 Funds, respectively in Lipper's Global Large-Cap Growth classification.

Holdings

Holdings

as of Jun 30, 2026
Name Weight (%)
ASML HOLDING NV 10.37
HOWMET AEROSPACE INC 8.21
ALPHABET INC 7.12
AMAZON.COM INC 7.08
AIRBUS SE 5.08
Name Weight (%)
TRANE TECHNOLOGIES PLC 4.76
ROLLS-ROYCE HOLDINGS PLC 4.69
INTEL CORPORATION 4.58
VISA INC 4.51
VERTIV HOLDINGS CO 4.32
Name Market Value Weight (%) Shares
Holdings are subject to change. Fund holdings and allocations shown are unaudited, and may not be representative of current or future investments. The Fund is actively managed and its details, holdings and characteristics will vary. Holdings shown should not be deemed as a recommendation to buy or sell securities. The user relies on this data at its own risk and neither BlackRock nor any other party makes any representations or express or implied warranties (which are expressly disclaimed) nor shall they incur any liability for any errors or omissions in the data.

Exposure Breakdowns

Exposure Breakdowns

as of Jun 30, 2026

% of Market Value

Type Fund Benchmark Net
as of Jun 30, 2026

% of Market Value

Type Fund Benchmark Net
as of Jun 30, 2026

% of Market Value

Type Fund Benchmark Net
as of Jun 30, 2026

% 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

Alister Hibbert
Head of Fundamental Equities’ Strategic Equity Team, Portfolio Manager, Managing Director

    

Michael Constantis
Managing Director

    

Portfolio Manager

ESG Integration

ESG Integration

BlackRock considers many investment risks in our processes. In order to seek the best risk-adjusted returns for our clients, we manage material risks and opportunities that could impact portfolios, including financially material Environmental, Social and/or Governance (ESG) data or information, where available. See our Firm Wide ESG Integration Statement for more information on this approach and fund documentation for how these material risks are considered within this product, where applicable.

This fund does not seek to follow a sustainable, impact or ESG investment strategy. For more information regarding the fund's investment strategy, please see the fund's prospectus or, as applicable, shareholder report.

Literature

Literature

 

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