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Equity

MABAX

Basic Value Fund

Overview

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Performance

Performance

  • Returns

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.

Growth of Hypothetical $10,000 The growth of hypothetical $10,000 chart reflects a hypothetical $10,000 investment and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees and other expenses were deducted.

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Distributions

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Key Facts

Key Facts

Size of Class (Millions) as of Oct 16, 2019 $777.5 M
Size of Fund (Millions) as of Oct 16, 2019 $1,942.8 M
Share Class launch date Jul 01, 1977
Asset Class Equity
Morningstar Category Large Value
Lipper Classification Multi-Cap Value Funds
Benchmark Index Russell 1000 Value Index (Total Return)
CUSIP 09251G507
Number of Holdings as of Sep 30, 2019 69
Max Offer Price as of Oct 16, 2019 $21.85
Open to New Investors Yes
Turnover Percent as of Sep 30, 2019 34%

Portfolio Characteristics

Portfolio Characteristics

Average Market Cap (Millions) The average size of the securities the fund invests in. as of Sep 30, 2019 $ 106,760.5 M
R-Squared (3y) as of Sep 30, 2019 95.25
Beta (3y) as of Sep 30, 2019 1.04
Best 3-Month Return Over the Last 3 Years 3 months ending Mar 31, 2019 11.26%
Worst 3-Month Return Over the Last 3 Years 3 months ending Dec 31, 2018 -13.86%
Fund Standard Deviation (3y) as of Sep 30, 2019 13.17

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

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 Aug 31, 2019 out of 370, 12,229, 370, 197 and 370 Funds, respectively in Lipper's Multi-Cap Value Funds classification.

Holdings

Holdings

as of Sep 30, 2019
Name Weight (%)
WELLS FARGO & COMPANY 4.55
VERIZON COMMUNICATIONS INC 4.03
JPMORGAN CHASE & CO 3.83
PFIZER INC 3.21
COMCAST CORPORATION 3.11
Name Weight (%)
CITIGROUP INC 2.93
ZIMMER BIOMET HOLDINGS INC 2.90
BP PLC 2.78
AES CORPORATION (THE) 2.37
CISCO SYSTEMS INC 2.22

Exposure Breakdowns

Exposure Breakdowns

as of Sep 30, 2019

% of Market Value

Type Fund Benchmark Net
as of Sep 30, 2019

% of Market Value

Type Fund Benchmark Net
as of Sep 30, 2019

% of Market Value

Type Fund Benchmark Net
as of Sep 30, 2019

% 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

Carrie King
Managing Director

Carrie King, Managing Director, is a member of the Basic Value team which primarily manages US Large Cap Value portfolios within BlackRock's Fundamental Equity division. Ms. King is a portfolio manager and is responsible for coverage of healthcare, consumer discretionary, telecommunications, aerospace & defense, and chemicals companies.

 

Ms. King's service with the firm dates back to 1993, including her years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. At MLIM, Ms. King served several roles including senior fund analyst, associate portfolio manager, and industry analyst, all with an emphasis on a value-oriented investment style. Ms. King has been a member of the Basic Value team since 1996. Prior to joining MLIM, Ms. King was an industry analyst for The Fuji Bank from 1991 to 1993, and an equity securities analyst for Kidder, Peabody & Co from 1986 to 1989. She began her career as a research analyst for John Hancock Financial Services in 1985.

 

Ms. King earned a BS degree in business administration from Boston University in 1985 and an MBA degree from New York University in 1990.

 

Joseph Wolfe
Director

Joseph Wolfe, CFA, CQF, FRM, Director and Lead Quantitative Analyst of the BlackRock Large Cap Series Funds is a member of the Fundamental Equity division of BlackRock's Alpha Strategies Group.


Prior to joining BlackRock in 2012, Mr. Wolfe was the head of Quantitative Active Research at Northern Trust in Chicago where he directed quantitative research across the active equity teams, developed ETF strategies for FlexShares and co-managed several active mutual funds. Prior to joining Northern Trust in 2005, Mr. Wolfe was a senior quantitative analyst for the State Teachers Retirement System of Ohio where he co-managed several quantitative strategies and served as a risk manager.


Mr. Wolfe earned a BS degree in Economics from Slippery Rock University and holds advanced degrees in Economics from Kent State University and the Ohio State University. He is also a Chartered Financial Analyst, Certified Financial Risk Manager and has obtained his Certificate in Quantitative Finance.

Portfolio Manager

Literature

Literature

 

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