Equity

BHEIX

High Equity Income Fund

Overview

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Performance

Performance

  1y 3y 5y 10y
22.54 8.76 9.89 8.51
Benchmark (%) 27.76 9.03 10.69 9.23
Morningstar Category Avg. (%) 25.16 6.56 8.55 6.71
Morningstar Ranking 42/109 19/77 - -
Morningstar Quartile 2 1 1 1
Lipper Ranking 404/467 269/433 - -
Lipper Quartile 4 3 - -
  YTD 1m 3m 1y 3y 5y 10y
12.55 0.51 6.69 22.54 28.65 60.22 126.36
Benchmark (%) 16.68 1.39 9.43 27.76 29.59 66.18 141.83
Morningstar Category Avg. (%) 13.20 1.83 3.67 25.16 21.01 50.70 91.38
  2019 2020 2021 2022 2023
Total Return (%) - -0.25 23.07 -1.61 10.05
Benchmark (%) - 2.80 25.16 -7.54 11.46
Morningstar Category Avg. (%) - 4.24 18.21 -10.23 14.97

Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.

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.

The Fund's returns prior to June 12, 2017 are the returns of the Fund when it followed different investment strategies under the name “BlackRock U.S. Opportunities Portfolio.”
Click here for Distribution data

Key Facts

Key Facts

Size of Fund (Millions)
as of Dec 13, 2024
$1,943.8 M
Share Class launch date
Apr 21, 2020
Benchmark Index
Russell 1000 Value Index
Morningstar Category
Derivative Income
CUSIP
09258N141
Open to New Investors
Yes
Size of Class (Millions)
as of Dec 13, 2024
$221.9 M
Asset Class
Equity
Distribution Frequency
Monthly
Lipper Classification
Equity Income Funds
Max Offer Price
as of Dec 13, 2024
$28.67
Turnover Percent in the Annual Report
as of May 31, 2024
85%

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of Nov 29, 2024
180
P/B Ratio
as of Nov 29, 2024
1.83
Alpha (3y)
as of Nov 30, 2024
0.02
R-Squared (3y)
as of Nov 30, 2024
92.35
Beta (3y)
as of Nov 30, 2024
0.87
Best 3-Month Return Over the Last 3 Years
3 months ending Dec 31, 2022
12.98%
Active Share
as of Nov 29, 2024
88.09%
30 Day SEC Yield
as of Nov 29, 2024
7.84%
P/E Ratio - Forward
as of Nov 29, 2024
13.62
Average Market Cap (Millions)
as of -
-
Fund Standard Deviation (3y)
as of Nov 30, 2024
15.00
Unsubsidized 30-Day SEC Yield
as of Nov 29, 2024
7.76%
Worst 3-Month Return Over the Last 3 Years
3 months ending Jun 30, 2022
-8.98%

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

ESG Integration

ESG Integration

BlackRock considers many investment risks in our processes. In order to seek the best risk-adjusted returns for our clients, we manage material risks and opportunities that could impact portfolios, including financially material Environmental, Social and/or Governance (ESG) data or information, where available. See our Firm Wide ESG Integration Statement for more information on this approach and fund documentation for how these material risks are considered within this product, where applicable.

Fees

Fees

as of current prospectus
Gross Expense Ratio 0.88%
Net Expense Ratio 0.80%

Net Expense Ratio excluding Investment Related Expenses is 0.80%

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

Ratings

Ratings

Morningstar Rating

4 stars
Overall Morningstar Rating for High Equity Income Fund, as of Nov 30, 2024 rated against 77 Derivative Income Funds based on risk adjusted total return.

Morningstar Medalist Rating

Morningstar Medalist Rating - SILVER
Morningstar has awarded the Fund a Silver medal. (Effective Oct 31, 2024)
Analyst-Driven % as of Oct 31, 2024
55.00
Data Coverage % as of Oct 31, 2024
100.00

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 Nov 30, 2024 out of 426, 12,235, 426, 253 and 426 Funds, respectively in Lipper's Equity Income Funds classification.

Holdings

Holdings

as of Nov 29, 2024
Name Weight (%)
WELLS FARGO 2.21
CARDINAL HEALTH INC 2.16
SAMSUNG ELECTRONICS GDS REPRESENT 2.03
FIRST CITIZENS BANCSHARES INC CLAS 1.63
CVS HEALTH CORP 1.62
Name Weight (%)
WELLS FARGO - ELN 1.59
CITIGROUP INC 1.54
SS AND C TECHNOLOGIES HOLDINGS INC 1.46
BAXTER INTERNATIONAL INC 1.41
COMCAST CORP CLASS A 1.28
Name Market Value Weight (%) Shares
Holdings are subject to change. Fund holdings and allocations shown are unaudited, and may not be representative of current or future investments. The Fund is actively managed and its details, holdings and characteristics will vary. Holdings shown should not be deemed as a recommendation to buy or sell securities. The user relies on this data at its own risk and neither BlackRock nor any other party makes any representations or express or implied warranties (which are expressly disclaimed) nor shall they incur any liability for any errors or omissions in the data.

Exposure Breakdowns

Exposure Breakdowns

as of Nov 29, 2024

% of Market Value

Type Fund Benchmark Net
as of Nov 29, 2024

% 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

Tony DeSpirito
Global CIO of Fundamental Equities, Portfolio Manager, Managing Director

   

Kyle G. McClements
Head of Equity Derivatives Team

  

David Zhao
Portfolio Manager, Managing Director

  

Christopher M. Accettella
BlackRock Equity Derivatives Team

  

Tom Pierce
Tom Pierce
Portfolio Manager

Literature

Literature

 

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