Multi Asset

BZCAX

BlackRock College Advantage 529 - 2027

How To Buy
  • NAV as of Jun 22, 2021 $13.83
    52 WK: 11.60 - 13.87
  • 1 Day NAV Change as of Jun 22, 2021 0.03 (0.22%)
  • NAV Total Return as of Jun 22, 2021 YTD: 5.09%

Overview

Investment Approach

A simple way to invest for education. A professionally managed portfolio of diversified investments that adjusts over time.
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Performance

Performance

Growth of Hypothetical $10,000

Performance chart data not available for display.
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Cum. Fund Perf. Since Inception: 37.10

Source: Lipper. Data reflects different methodology from the BlackRock calculated returns in the Returns tab. The $10,000 Hypothetical Over Time chart reflects a hypothetical $10,000 investment in the investor class of shares noted and does not assume the max sales charge. Had sales charge been included, returns would have been lower. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including 12b-1 fees, management fees and other expenses were deducted. Performance for other share classes will vary.

Distributions

This fund does not have any distributions.

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Ex-Date Payable Date Record Date Total Distribution Income ST Cap Gains LT Cap Gains Return of Capital

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Year Total Distribution Income ST Cap Gains LT Cap Gains

Past distributions are not indicative of future distributions.
Click here, for the most recent distributions.



  1y 3y 5y 10y Incept.
Total Return (%) 27.16 9.43 - - 8.82
Return w/ Sales Charge (%) 20.48 7.49 - - 7.07
Benchmark (%) 25.34 9.83 - - 8.87
  YTD 1m 3m 1y 3y 5y 10y Incept.
Total Return (%) 0.68 0.84 0.68 27.16 31.06 - - 32.50
Return w/ Sales Charge (%) -4.60 -4.46 -4.60 20.48 24.18 - - 25.54
Benchmark (%) 0.37 0.81 0.37 25.34 32.50 - - 32.72
  2016 2017 2018 2019 2020
Total Return (%) - - -4.06 20.66 12.67
Benchmark (%) - - -3.99 20.79 12.76
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 Jun 22, 2021 $552.2 M
Size of Fund (Millions) as of Jun 22, 2021 $645.8 M
Share Class launch date Dec 01, 2017
Asset Class MultiAsset
Benchmark Index Ohio 2027 Custom Benchmark
CUSIP 67776G535
Max Offer Price as of Jun 22, 2021 $14.60
Open to New Investors Yes
Expenses as of current program description

Portfolio Characteristics

Portfolio Characteristics

Alpha (3y) as of May 31, 2021 -0.07
Average Market Cap (Millions) as of May 28, 2021 $ 55,470.9 M
Fund Sharpe Ratio (3y) as of May 31, 2021 0.80
Effective Duration as of May 28, 2021 3.41 yrs
Fund Standard Deviation (3y) as of May 31, 2021 11.01
This information must be preceded or accompanied by a current program description. For standardized performance, please see the Performance section above.

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 underlying strategy due diligence phases of the investment process. This may include third party and internal considerations, as defined by the portfolio management team. Internal considerations include exposures to climate and disaster events, as well as sovereign social and governance concerns. The portfolio management team also analyzes ESG exposures and investment characteristics within underlying strategies. These criteria are part of a number of considerations that factor into investment decisions. The Fund manager includes ESG criteria in the ongoing monitoring of the overall portfolio, including underlying strategies as well as tactical positioning. The Fund manager conducts regular portfolio risk reviews with the Risk and Quantitative Analysis group. These reviews include discussion of the portfolio’s exposure to material ESG risks.

Fees

Fees

as of current program description
Gross Expense Ratio 0.73%
Net Expense Ratio 0.73%

Net Expense Ratio excluding Investment Related Expenses is 0.39%

  • Acquired Fund Fees and Expenses 0.34%
  • Interest expense 0.00%

Ratings

Holdings

Holdings

as of May 28, 2021
Name Weight (%)
ISHARES CORE US AGGREGATE BOND ETF 21.17
BLK ADV LG CAP CORE INSTL CLASS 19.91
BLK ADV INTL INST CLASS 7.62
COREALPHA BOND CLASS I 7.58
BLK TOTAL RETURN FUND INST CLASS 7.57
Name Weight (%)
ISHARES 20+ YEAR TREASURY BOND ETF 7.50
BLK EQUITY DIV INST CLASS 5.31
BLK CAPITAL APPREC FUND CLASS K 4.89
ISHARES 1-3 YEAR TREASURY BOND ETF 3.83
ISHARES CURRENCY HEDGED MSCI EMU E 3.05

Exposure Breakdowns

Exposure Breakdowns

as of May 28, 2021

% 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

Philip Green
Philip Green
Head of Global Tactical Asset Allocation Team

  

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Phil Green, Managing Director, is head of the Global Tactical Asset Allocation team within BlackRock's Multi-Asset Strategies & Solutions group. 

 

Mr. Green's service with the firm dates back to 1999, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. Prior to joining MLIM, Mr. Green was a portfolio manager at Bankers Trust Company.  He is the author of many articles on investing, some of which have been published in the Financial Analysts Journal, Journal of Foreign Exchange & Money Markets, and the Journal of Investing.


Mr. Green earned an MBA from the Stern School of Business of New York University and a BS in economics from the Wharton School of the University of Pennsylvania.

Portfolio Manager

Literature

Literature

 

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Carefully consider the Funds' investment objectives, risk factors, and charges and expenses before investing. This and other information can be found in the Funds' prospectuses or, if available, the summary prospectuses, which may be obtained by visiting the iShares ETF and BlackRock Fund prospectus pages. Read the prospectus carefully before investing. Investing involves risk, including possible loss of principal.

The Funds are distributed by BlackRock Investments, LLC (together with its affiliates, “BlackRock”).

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USR-9694