Equity

BOEAX

Equity Dividend 529 Option

Buy BOEAX
  • NAV as of Dec 11, 2024 $46.12
    52 WK: 39.20 - 47.43
  • 1 Day NAV Change as of Dec 11, 2024 -0.23 (-0.50%)
  • NAV Total Return as of Dec 11, 2024 YTD: 13.51%

Overview

A portfolio built on dividend growth
The BlackRock Equity Dividend Fund has amassed a record of strong performance through diverse market environments by focusing on companies that pay and grow their dividends.

U.S. large-cap value portfolio of high quality companies

Invests in companies with a greater potential for dividend growth

Seeks lower volatility equity returns

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Performance

Performance

  1y 3y 5y 10y
Total Return (%) 24.65 8.41 10.36 9.47
Return w/ Sales Charge (%) 20.91 7.31 9.69 9.14
Benchmark (%) 27.76 9.03 10.69 9.23
  YTD 1m 3m 1y 3y 5y 10y
Total Return (%) 13.51 -0.13 6.29 24.65 27.40 63.72 147.16
Return w/ Sales Charge (%) 10.11 -3.13 3.10 20.91 23.58 58.81 139.75
Benchmark (%) 16.68 1.39 9.43 27.76 29.59 66.18 141.83
  2019 2020 2021 2022 2023
Total Return (%) 27.00 3.51 19.91 -4.34 12.27
Annual w/ Sales Charge (%) 20.33 -1.92 13.61 -9.36 8.90
Benchmark (%) 26.54 2.80 25.16 -7.54 11.46

Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.

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.
Click here for Distribution data

Key Facts

Key Facts

Size of Fund (Millions)
as of Dec 11, 2024
$288.6 M
Share Class launch date
Oct 05, 2009
Benchmark Index
Russell 1000 Value Index
CUSIP
19452P404
Open to New Investors
Yes
Size of Class (Millions)
as of Dec 11, 2024
$268.1 M
Asset Class
Equity
Distribution Frequency
None
Max Offer Price
as of Dec 11, 2024
$47.55
Expenses as of current program description

Portfolio Characteristics

Portfolio Characteristics

P/B Ratio
as of Nov 29, 2024
0.00
Alpha (3y)
as of Nov 30, 2024
0.04
R-Squared (3y)
as of Nov 30, 2024
94.45
Beta (3y)
as of Nov 30, 2024
0.89
P/E Ratio - Forward
as of Nov 29, 2024
0.00
Average Market Cap (Millions)
as of -
-
Fund Standard Deviation (3y)
as of Nov 30, 2024
15.14
Active Share
as of -
-
This information must be preceded or accompanied by a current program description. For standardized performance, please see the Performance section above.

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.

Fees

Fees

as of current program description
Gross Expense Ratio 1.09%
Net Expense Ratio 1.09%

Net Expense Ratio excluding Investment Related Expenses is 0.39%

  • Acquired Fund Fees and Expenses 0.70%
  • Interest expense 0.00%

Holdings

Holdings

Name Market Value Weight (%) Shares
as of Nov 29, 2024
Name Weight (%)
BLACKROCK EQUITY DIVIDEND FUND 100.02
Detailed Holdings and Analytics
The portfolio holds a mutual fund and/or an ETF. Top holdings from the underlying vehicles are listed above for greater visibility

Exposure Breakdowns

Exposure Breakdowns

as of Nov 29, 2024

% of Market Value

Type Fund Benchmark Net
as of Nov 29, 2024

% 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
Tony DeSpirito
Global CIO of Fundamental Equities, Portfolio Manager, Managing Director

   

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Antonio (Tony) DeSpirito, Managing Director, is Global Chief Investment Officer of Fundamental Equities. He is also lead portfolio manager of the BlackRock Equity Dividend and value portfolios.

 

Mr. DeSpirito joined BlackRock in 2014. He was previously a Managing Principal, portfolio manager, and member of the Executive Committee at Pzena Investment Management, where he was responsible for a suite of long-only value products and two hedge fund portfolios. Mr. DeSpirito has managed value equity assets since 1996, serving as a portfolio manager for the John Hancock Classic Value, PACE Large Company Value, and Vanguard Windsor funds.

 

Mr. DeSpirito is a visiting lecturer at the Johnson School at Cornell University. He is also a member of the board of directors of the Adirondack North Country Association.

 

Mr. DeSpirito earned a BS degree in economics with a concentration in finance, summa cum laude, from the Wharton School of the University of Pennsylvania and a JD degree, magna cum laude, from Harvard Law School.

David Zhao
David Zhao
Portfolio Manager, Managing Director

  

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David Zhao, Managing Director, is Co-Director of Research for the US Income & Value team within the Fundamental Active Equity business of BlackRock's Active Equities Group. Mr. Zhao is a Portfolio Manager for the BlackRock Equity Dividend portfolios.

 

He also has partial research coverage for the information technology and telecoms sectors. Prior to joining BlackRock, David was a Global Equity Senior Research Analyst and Principal at Pzena Investment Management covering technology, US banks/brokers, medical technology, non-life insurance, financial technology and select industrials. David began his career as an Analyst at Lehman Brothers covering technology M&A; and later within the Institutional Equities Corporate Strategy Group.

 

David holds a BA of Arts with degrees in Economics and Computer Information Systems and graduated Cum Laude from Northwestern University.

Portfolio Manager

Literature

Literature

 

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Carefully consider the Funds' investment objectives, risk factors, and charges and expenses before investing. This and other information can be found in the Funds' prospectuses or, if available, the summary prospectuses, which may be obtained by visiting the iShares ETF and BlackRock Fund prospectus pages. Read the prospectus carefully before investing. Investing involves risk, including possible loss of principal.

The Funds are distributed by BlackRock Investments, LLC (together with its affiliates, “BlackRock”).

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