Multi Asset

MKCPX

Balanced Capital Fund

Overview

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Performance

Performance

Growth of Hypothetical $10,000

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Distributions

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  1y 3y 5y 10y
12.42 9.23 10.27 10.02
Benchmark (%) 13.06 9.92 10.35 9.86
Morningstar Category Avg. (%) 4.13 4.99 6.24 7.14
Morningstar Ranking 80/615 - - -
  YTD 1m 3m 1y 3y 5y 10y
6.65 -2.35 6.11 12.42 30.34 63.04 159.90
Benchmark (%) 7.23 -2.21 5.96 13.06 32.80 63.64 156.20
Morningstar Category Avg. (%) 0.26 -1.28 -0.06 4.13 15.72 35.35 99.40
Morningstar Ranking 84/621 547/642 117/633 80/615 - - -
  2015 2016 2017 2018 2019
Total Return (%) - - - -3.10 21.98
Benchmark (%) 1.00 8.37 14.13 -2.59 22.16
Morningstar Category Avg. (%) -1.93 7.34 13.21 -5.76 19.23
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 Nov 25, 2020 $58.6 M
Size of Fund (Millions) as of Nov 25, 2020 $1,593.1 M
Share Class launch date Jan 25, 2018
Asset Class MultiAsset
Morningstar Category Allocation--50% to 70% Equity
Lipper Classification Mixed-Asset Target Allocation Growth
Benchmark Index 60% Russell 1000 Index, 40% BBG Barc Aggregate Index
CUSIP 09251C605
Distribution Frequency Semi-Annual
Number of Holdings as of Oct 30, 2020 3
Max Offer Price as of Nov 25, 2020 $26.26
Open to New Investors No
Turnover Percent in the Annual Report 4%

Portfolio Characteristics

Portfolio Characteristics

Average Market Cap (Millions) as of Oct 30, 2020 $ 81,594.1 M
Fund Sharpe Ratio (3y) as of Oct 31, 2020 0.00
Alpha (3y) as of - -
R-Squared (3y) as of - -
Fund Standard Deviation (3y) as of - -
Beta (3y) as of - -
Effective Duration as of Oct 30, 2020 1.84 yrs
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 0.75%
Net Expense Ratio 0.48%

Net Expense Ratio excluding Investment Related Expenses is 0.20%

  • Acquired Fund Fees and Expenses 0.28%
  • Interest expense 0.00%

Ratings

Holdings

Holdings

as of Oct 30, 2020
Name Weight (%)
BLACKROCK ADV LARGE CAP CORE FUND 50.20
BLACKROCK TOTAL RETURN FUND 28.65
Name Weight (%)
ISHARES CORE US AGGREGATE BOND ETF 3.81

Top Holdings

Portfolio Managers

Portfolio Managers

Philip Green
Managing Director, Head of Global Tactical Asset Allocation

  

Travis Cooke
BlackRock Systematic Active Equity Investment Team
Richard Mathieson
BlackRock Systematic Active Equity Investment Team
Bob Miller
Head of U.S. Multi-Sector Fixed Income

  

Rick Rieder
Chief Investment Officer of Global Fixed Income and Head of the Global Allocation Team

Rick Rieder, Managing Director, is BlackRock's Chief Investment Officer of Global Fixed Income, Head of the Fundamental Fixed Income business, and Head of the Global Allocation Investment Team. Mr. Rieder is a member of BlackRock’s Executive Sub-Committee on Investments, a member of BlackRock's Global Operating Committee, and Chairman of the firm-wide BlackRock Investment Council.

 

Before joining BlackRock in 2009, Mr. Rieder was President and Chief Executive Officer of R3 Capital Partners. He served as Vice Chairman and member of the Borrowing Committee for the U.S. Treasury and is currently a member of the Federal Reserve Investment Advisory Committee on Financial Markets.

 

Mr. Rieder currently serves on the Alphabet/Google Investment Advisory Committee and the UBS Research Advisory Board. He was awarded the Global Unconstrained Fixed Income Manager of the Year for 2015 by Institutional Investor, was nominated for Fixed Income Manager of the Year by Institutional Investor for 2014 and was inducted into the Fixed Income Analysts Society Fixed Income Hall of Fame in 2013. Four of the funds Mr. Rieder manages (Strategic Income Opportunities, Fixed Income Global Opportunities, Total Return, and Strategic Global Bond) have been awarded Gold Medals by Morningstar.

 

From 1987 to 2008, Mr. Rieder was with Lehman Brothers, most recently as head of the firm's Global Principal Strategies team, a global proprietary investment platform. He was also global head of the firm's credit businesses, Chairman of the Corporate Bond and Loan Capital Commitment Committee, and a member of the Board of Trustees for the corporate pension fund. Before joining Lehman Brothers, Mr. Rieder was a credit analyst at SunTrust Banks in Atlanta.

 

Mr. Rieder earned a BBA degree in Finance from Emory University in 1983 and an MBA degree from The Wharton School of the University of Pennsylvania in 1987. He is a member of the board of Emory University, Emory's Business School, and the University's Finance Committee, and is the Vice Chairman of the Investment Committee. Mr. Rieder is founder and chairman of the business school's BBA investment fund and community financial literacy program.

 

Mr. Rieder serves as Chairman and President of the Board of Education for North Star Academy's fourteen Charter Schools in Newark, New Jersey, and is the Founder and Chairman of the Board of Graduation Generation Public School Collaboration in Atlanta. He is on the Board of the BlackRock Foundation, the Board of Advisors for the Hospital for Special Surgery, and the Board of Big Brothers/Big Sisters of Newark and Essex County. Mr. Rieder formerly served on the Board and National Leadership Council of the Communities in Schools Educational Foundation, and Trustee for the US Olympic Foundation. Mr. Rieder was honored at the Choose Success Awards ceremony in Atlanta in 2015 for his dedication to public education in Atlanta through CIS and Graduation Generation.

David Rogal
Managing Director

 

 

Raffaele Savi
BlackRock Systematic Active Equity Investment Team
Portfolio Manager

Literature

Literature