Equity

MABAX

Basic Value 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
-8.45 1.08 5.35 8.36
Benchmark (%) -5.03 2.63 7.66 9.95
Morningstar Category Avg. (%) -7.14 1.65 5.41 8.60
Morningstar Ranking 914/1121 761/1053 806/928 503/663
Morningstar Quartile 3 3 4 3
Lipper Category Avg. (%) -3.46 3.22 7.72 9.50
Lipper Ranking 384/586 259/542 303/455 177/331
Lipper Quartile 3 2 3 3
  YTD 1m 3m 1y 3y 5y 10y
-14.84 -3.90 1.53 -8.45 3.27 29.79 123.20
Benchmark (%) -11.58 -2.46 5.59 -5.03 8.11 44.61 158.14
Morningstar Category Avg. (%) -12.29 -1.55 -0.24 -7.14 5.04 30.14 128.14
Lipper Category Avg. (%) -10.49 -2.84 5.04 -3.46 10.15 45.46 149.42
  2015 2016 2017 2018 2019
Total Return (%) -5.90 18.54 8.59 -7.69 24.22
Benchmark (%) -3.83 17.34 13.66 -8.27 26.54
Morningstar Category Avg. (%) -4.05 14.81 15.94 -8.53 25.04
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.

Key Facts

Key Facts

Size of Class (Millions) as of Nov 24, 2020 $851.8 M
Size of Fund (Millions) as of Nov 24, 2020 $1,833.4 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
Distribution Frequency Annual
Number of Holdings as of Oct 30, 2020 76
Max Offer Price as of Nov 24, 2020 $18.71
Open to New Investors Yes
Turnover Percent in the Annual Report 73%

Portfolio Characteristics

Portfolio Characteristics

P/B Ratio as of Oct 30, 2020 1.35
P/E Ratio - Forward as of Oct 30, 2020 13.97
Average Market Cap (Millions) as of Oct 30, 2020 $ 91,904.9 M
Alpha (3y) as of Oct 31, 2020 -0.11
R-Squared (3y) as of Oct 31, 2020 97.85
Beta (3y) as of Oct 31, 2020 1.02
Best 3-Month Return Over the Last 3 Years 3 months ending Jun 30, 2020 16.66%
Worst 3-Month Return Over the Last 3 Years 3 months ending Mar 31, 2020 -28.10%
Fund Standard Deviation (3y) as of Oct 31, 2020 18.89
Active Share as of Oct 30, 2020 81.00%

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 0.53%
Net Expense Ratio 0.53%

Net Expense Ratio excluding Investment Related Expenses is 0.53%

  • 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 529, 12,117, 529, 297 and 529 Funds, respectively in Lipper's Multi-Cap Value Funds classification.

Holdings

Holdings

as of Oct 30, 2020
Name Weight (%)
VERIZON COMMUNICATIONS INC 3.38
CITIGROUP INC 3.03
COMCAST CORPORATION 2.93
GENERAL MOTORS CO 2.90
DOLLAR TREE INC 2.58
Name Weight (%)
WELLS FARGO & COMPANY 2.54
UNILEVER NV 2.52
AMERICAN INTERNATIONAL GROUP INC 2.36
CISCO SYSTEMS INC 2.26
BAE SYSTEMS PLC 2.20

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

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.

 

Tony DeSpirito
BlackRock Fundamental Active Equity Investment Team

   

Franco Tapia, CFA,
Portfolio Manager

 

 

David Zhao
Portfolio Manager

  

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

 

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