Multi Asset

BKAPX

80/20 Target Allocation 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
13.13 8.46 9.54 9.97
Benchmark (%) 11.94 8.31 10.18 8.93
Morningstar Category Avg. (%) 4.62 4.94 7.65 7.96
Morningstar Ranking 14/325 17/310 - -
Morningstar Quartile 1 1 1 1
Lipper Ranking 7/147 10/144 - -
Lipper Quartile 1 1 - -
  YTD 1m 3m 1y 3y 5y 10y
5.59 -2.48 7.19 13.13 27.58 57.71 158.61
Benchmark (%) 4.37 -2.80 7.03 11.94 27.05 62.38 135.26
Morningstar Category Avg. (%) -1.31 -2.40 5.70 4.62 15.56 44.58 115.04
  2015 2016 2017 2018 2019
Total Return (%) -1.45 6.87 17.49 -7.64 24.74
Benchmark (%) -0.97 7.82 19.14 -6.39 24.06
Morningstar Category Avg. (%) -2.77 7.93 15.80 -7.93 21.35
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. Effective as of May 31, 2018, the performance information for periods prior to the inception date of the share class shows the performance of the Fund’s Institutional Shares. The performance of this share class would be substantially similar to Institutional Shares because this share class and Institutional Shares invest in the same portfolio of securities and performance would only differ to the extent that this share class and Institutional Shares have different expenses. For performance periods prior to May 31, 2018, the performance information for periods prior to the inception date of the share class shows the performance of the Fund’s Institutional Shares, adjusted to reflect the fees and expenses applicable to such share class. See the fund prospectus for more details.

Key Facts

Key Facts

Size of Class (Millions) as of Oct 20, 2020 $46.1 M
Size of Fund (Millions) as of Oct 20, 2020 $489.6 M
Share Class launch date Mar 28, 2016
Asset Class MultiAsset
Morningstar Category Allocation--70% to 85% Equity
Lipper Classification Mixed-Asset Target Alloc Agg Growth
Benchmark Index 56% MSCI ACWI Index, 24% MSCI US Index, and 20% Barclays US Universal Index
CUSIP 09257E720
Distribution Frequency Annual
Number of Holdings as of Sep 30, 2020 13
Max Offer Price as of Oct 20, 2020 $14.56
Open to New Investors Yes
Turnover Percent in the Annual Report 64%

Portfolio Characteristics

Portfolio Characteristics

P/E Ratio as of Sep 30, 2020 0.00
P/B Ratio as of Sep 30, 2020 0.00
Average Market Cap (Millions) as of Sep 30, 2020 $ 23,928.4 M
Yield to Worst as of Sep 30, 2020 0.38%
Fund Sharpe Ratio (3y) as of Sep 30, 2020 0.53
Effective Duration as of Sep 30, 2020 1.12 yrs
Alpha (3y) as of Sep 30, 2020 0.01
R-Squared (3y) as of Sep 30, 2020 98.88
Beta (3y) as of Sep 30, 2020 1.01
Best 3-Month Return Over the Last 3 Years 3 months ending Jun 30, 2020 17.53%
Worst 3-Month Return Over the Last 3 Years 3 months ending Mar 31, 2020 -16.18%
Fund Standard Deviation (3y) as of Sep 30, 2020 14.00
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 0.42%
Net Expense Ratio 0.34%

Net Expense Ratio excluding Investment Related Expenses is 0.07%

  • Acquired Fund Fees and Expenses 0.27%
  • Interest expense 0.00%

Ratings

Ratings

Morningstar Rating

5
Overall Morningstar Rating for 80/20 Target Allocation Fund, Class K, as of Sep 30, 2020 rated against 310 Allocation--70% to 85% Equity Funds based on risk adjusted total return.

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 Sep 30, 2020 out of 143, 4,538, 144, 80 and 144 Funds, respectively in Lipper's Mixed-Asset Target Alloc Agg Growth classification.

Holdings

Holdings

as of Sep 30, 2020
Name Weight (%)
ISHARES CORE S&P TOTAL U.S. STOCK 20.21
iShares ESG Aware MSCI USA ETF 13.26
BLACKROCK TOTAL RETURN FUND AGR 11.66
ISHARES MSCI EAFE GROWTH ETF 10.03
MASTER ADV LARGE CAP CORE BR_AGR 8.22
Name Weight (%)
EMERGING MARKETS FUND INVK 7.19
ISHARES IBOXX $ INV GRADE CORPORAT 4.79
TECHNOLOGY OPPORTUNITIES FUN INVK 4.69
ISHARES CORE S&P SMALL-CAP ETF 4.58
iShares MSCI USA Value Factor ETF 4.55

Top Holdings


Exposure Breakdowns


Exposure Breakdowns

Exposure Breakdowns

as of Sep 30, 2020

% of Market Value

Type Fund
as of Sep 30, 2020

% of Market Value

Type Fund
as of Sep 30, 2020

% of Market Value

Type Fund
Allocations subject to change.
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

Michael Gates
BlackRock Multi-Asset Strategies Team

Michael Gates, CFA, is a Managing Director in the Multi-Asset Strategies group at BlackRock.

Lisa O'Connor
Global Head of Model Portfolio Solutions and the Deputy CIO for Solutions

  

Portfolio Manager

Literature

Literature

 

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