Equity

MKSPX

BlackRock Advantage SMID Cap 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
19.83 13.06 14.30 11.68
Morningstar Category Avg. (%) 15.83 11.89 13.39 12.28
Morningstar Ranking 101/1363 - - -
Lipper Category Avg. (%) 9.22 5.55 9.88 9.28
  YTD 1m 3m 1y 3y 5y 10y
19.83 4.21 13.28 19.83 44.54 95.06 201.82
Morningstar Category Avg. (%) 15.83 3.82 12.81 15.83 40.09 87.42 218.44
Morningstar Ranking 101/1363 17/1480 157/1452 101/1363 - - -
Lipper Category Avg. (%) 9.22 7.80 28.83 9.22 18.24 61.37 145.98
  2016 2017 2018 2019 2020
Total Return (%) - - -6.43 28.91 19.83
Morningstar Category Avg. (%) 10.37 20.44 -6.27 28.78 15.83
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.

Performance for the period between December 15, 2017 and February 8, 2021 is based on the investment strategies utilized by the Fund when it followed different investment strategies under the name “BlackRock Advantage U.S. Total Market Fund, Inc.” The Fund’s returns prior to December 15, 2017 are the returns of the Fund when it followed a different investment objective and different investment strategies under the name “BlackRock Value Opportunities Fund, Inc.

Key Facts

Key Facts

Size of Class (Millions) as of Mar 05, 2021 $2.3 M
Size of Fund (Millions) as of Mar 05, 2021 $367.2 M
Share Class launch date Jan 25, 2018
Asset Class Equity
Morningstar Category Large Blend
Lipper Classification Multi-Cap Core Funds
Benchmark Index Russell 2500 Total Return Index
CUSIP 09252L604
Distribution Frequency Semi-Annual
Number of Holdings as of Feb 26, 2021 581
Max Offer Price as of Mar 05, 2021 $35.29
Open to New Investors No
Turnover Percent in the Annual Report 123%

Portfolio Characteristics

Portfolio Characteristics

P/B Ratio as of Feb 26, 2021 2.66
P/E Ratio - Forward as of - -
Average Market Cap (Millions) as of Feb 26, 2021 $ 11,625.4 M
Best 3-Month Return Over the Last 3 Years 3 months ending Jun 30, 2020 22.22%
Worst 3-Month Return Over the Last 3 Years 3 months ending Mar 31, 2020 -20.24%
Alpha (3y) as of Jan 31, 2021 -0.09
R-Squared (3y) as of Jan 31, 2021 99.38
Fund Standard Deviation (3y) as of Jan 31, 2021 19.43
Beta (3y) as of Jan 31, 2021 0.99
Active Share as of Feb 26, 2021 74.66%

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

Sustainability Characteristics

Sustainability Characteristics

Sustainability Characteristics can help investors integrate non-financial, sustainability considerations into their investment process. These metrics enable investors to evaluate funds based on their environmental, social, and governance (ESG) risks and opportunities. This analysis can provide insight into the effective management and long-term financial prospects of a fund.


The metrics below have been provided for transparency and informational purposes only. The existence of an ESG rating is not indicative of how or whether ESG factors will be integrated into a fund. The metrics are based on MSCI ESG Fund Ratings and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a fund. For more information regarding a fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodology behind Sustainability Characteristics, using links below.

MSCI ESG Fund Rating (AAA-CCC) as of Feb 05, 2021 A
MSCI ESG Quality Score (0-10) as of Feb 05, 2021 5.9
MSCI ESG Quality Score - Peer Percentile as of Feb 05, 2021 79.10%
MSCI ESG % Coverage as of Feb 05, 2021 99.32%
Fund Lipper Global Classification as of Feb 05, 2021 Equity US
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of Feb 05, 2021 125.54
Funds in Peer Group as of Feb 05, 2021 3
All data is from MSCI ESG Fund Ratings as of Feb 05, 2021, based on holdings as of Sep 30, 2020. As such, the fund’s sustainable characteristics may differ from MSCI ESG Fund Ratings from time to time.

To be included in MSCI ESG Fund Ratings, 65% of the fund’s gross weight must come from securities covered by MSCI ESG Research (certain cash positions and other asset types deemed not relevant for ESG analysis by MSCI are removed prior to calculating a fund’s gross weight; the absolute values of short positions are included but treated as uncovered), the fund’s holdings date must be less than one year old, and the fund must have at least ten securities. For newly launched funds, sustainability characteristics are typically available 6 months after launch.

ESG Integration

ESG Integration

ESG integration is the practice of incorporating material environmental, social and governance (ESG) information or insights alongside traditional measures into the investment decision process to improve long term financial outcomes of portfolios. Unless otherwise stated in Fund documentation or included within the Fund’s investment objective, inclusion of this statement does not imply that the Fund has an ESG-aligned investment objective, but rather describes how ESG information is considered as part of the overall investment process.


The Fund manager includes ESG considerations in the research and decision phases of the investment process. This may include relevant, internal ESG research which along with multiple other research insights, informs active portfolio weighting versus a reference benchmark (or weighting implemented to achieve an absolute return outcome, if applicable). The Fund manager conducts regular portfolio reviews with the Risk and Quantitative Analysis group and with the Chief Investment Officers. These reviews include discussion of the portfolio’s exposure to material ESG risks, as well as exposure to sustainability-related business involvements, climate-related metrics, and other factors.

Fees

Fees

as of current prospectus
Gross Expense Ratio 0.58%
Net Expense Ratio 0.43%

Net Expense Ratio excluding Investment Related Expenses is 0.43%

  • 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 Feb 28, 2021 out of 588, 12,219, 588, 325 and 587 Funds, respectively in Lipper's Multi-Cap Core Funds classification.

Holdings

Holdings

as of Feb 26, 2021
Name Weight (%)
KILROY REALTY CORPORATION 1.20
ZENDESK INC 1.19
SITEONE LANDSCAPE SUPPLY INC 1.18
RELIANCE STEEL & ALUMINUM CO 1.17
VOYA FINANCIAL INC 1.16
Name Weight (%)
HUBSPOT INC 1.14
COGNEX CORPORATION 1.12
BANK OF HAWAII CORP 1.11
TIMKEN COMPANY 1.06
TREX COMPANY INC 1.01

Exposure Breakdowns

Exposure Breakdowns

as of Feb 26, 2021

% of Market Value

Type Fund Benchmark Net
as of Feb 26, 2021

% of Market Value

Type Fund Benchmark Net
as of Feb 26, 2021

% of Market Value

Type Fund Benchmark Net
as of Feb 26, 2021

% 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

Raffaele Savi
BlackRock Systematic Active Equity Investment Team
Travis Cooke
BlackRock Systematic Active Equity Investment Team
Richard Mathieson
BlackRock Systematic Active Equity Investment Team
Portfolio Manager

Literature

Literature