Equity

BIGZ

BlackRock Innovation and Growth Trust

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 Incept.
-47.52 - - - -40.49
Market Price (%) -57.26 - - - -48.37
  YTD 1m 3m 1y 3y 5y 10y Incept.
-40.02 - - -47.52 - - - -47.86
Market Price (%) -42.33 - - -57.26 - - - -56.38
  2017 2018 2019 2020 2021
Total Return (%) - - - - -

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, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.


Returns are shown net of advisory fees paid by the fund and net of the fund’s operating fees and expenses. Investors who purchase shares of the fund through an investment adviser or other financial professional may separately pay a fee to that service provider. Past performance is not indicative of future results.

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 may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted, and numbers may reflect small variances due to rounding. Standardized performance and performance data current to the most recent month end may be found in the Performance section.

Key Facts

Key Facts

Net Assets as of Aug 12, 2022 $2,586,655,044
Size of Fund (Millions) as of Aug 12, 2022 $2,586.7 M
Share Class launch date Mar 26, 2021
Exchange New York Stock Exchange Inc.
Asset Class Equity
Morningstar Category Small Growth
Lipper Classification Sector Equity Funds
CUSIP 09260Q108
Management Fee 1.25%
Gross Expense Ratio as of Jan 01, 2022 1.29%
Shares Outstanding as of Aug 12, 2022 235,796,174
Number of Holdings as of Jul 29, 2022 79
Managed Assets as of Aug 12, 2022 $2,586,655,044.38
Premium Discount as of Aug 12, 2022 -13.86%

Portfolio Characteristics

Portfolio Characteristics

Average Market Cap (Millions) as of Jul 29, 2022 $ 10,164.7 M
Distribution Rate as of Aug 12, 2022 8.89%
Type of Options Single Stock
% Overwritten as of Feb 28, 2022 10.34

Sustainability Characteristics

Sustainability Characteristics

Sustainability Characteristics provide investors with specific non-traditional metrics. Alongside other metrics and information, these enable investors to evaluate funds on certain environmental, social and governance characteristics. Sustainability Characteristics do not provide an indication of current or future performance nor do they represent the potential risk and reward profile of a fund. They are provided for transparency and for information purposes only. Sustainability Characteristics should not be considered solely or in isolation, but instead are one type of information that investors may wish to consider when assessing a fund. Learn more


This fund does not seek to follow a sustainable, impact or ESG investment strategy. The metrics do not change the fund’s investment objective or constrain the fund’s investable universe, and there is no indication that a sustainable, impact or ESG investment strategy will be adopted by the fund. For more information regarding the fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodologies behind Sustainability Characteristics using the links below.

MSCI ESG Fund Rating (AAA-CCC) as of Jul 21, 2022 A
MSCI ESG % Coverage as of Jul 21, 2022 69.90%
MSCI ESG Quality Score (0-10) as of Jul 21, 2022 6.1
MSCI ESG Quality Score - Peer Percentile as of - -
Fund Lipper Global Classification as of Jul 21, 2022 Unclassified
Funds in Peer Group as of Jul 21, 2022 105
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES) as of Jul 21, 2022 34.62
MSCI Weighted Average Carbon Intensity % Coverage as of Jul 21, 2022 71.15%
All data is from MSCI ESG Fund Ratings as of Jul 21, 2022, based on holdings as of Jan 31, 2022. 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 with ESG coverage 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.

Business Involvement

Business Involvement

Business Involvement metrics can help investors gain a more comprehensive view of specific activities in which a fund may be exposed through its investments.


Business Involvement metrics are not indicative of a fund’s investment objective, 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. For more information regarding a fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodology behind the Business Involvement metrics, using links below.

MSCI - Controversial Weapons as of Jul 29, 2022 0.00%
MSCI - UN Global Compact Violators as of Jul 29, 2022 0.00%
MSCI - Nuclear Weapons as of Jul 29, 2022 0.00%
MSCI - Thermal Coal as of Jul 29, 2022 0.00%
MSCI - Civilian Firearms as of Jul 29, 2022 0.00%
MSCI - Oil Sands as of Jul 29, 2022 0.00%
MSCI - Tobacco as of Jul 29, 2022 0.00%

Business Involvement Coverage as of Jul 29, 2022 73.34%
Percentage of Fund not covered as of Jul 29, 2022 26.66%
BlackRock business involvement exposures as shown above for Thermal Coal and Oil Sands are calculated and reported for companies that generate more than 5% of revenue from thermal coal or oil sands as defined by MSCI ESG Research. For the exposure to companies that generate any revenue from thermal coal or oil sands (at a 0% revenue threshold), as defined by MSCI ESG Research, it is as follows: Thermal Coal 0.00% and for Oil Sands 0.00%.

Business Involvement metrics are calculated by BlackRock using data from MSCI ESG Research which provides a profile of each company’s specific business involvement. BlackRock leverages this data to provide a summed up view across holdings and translates it to a fund's market value exposure to the listed Business Involvement areas above.


Business Involvement metrics are designed only to identify companies where MSCI has conducted research and identified as having involvement in the covered activity. As a result, it is possible there is additional involvement in these covered activities where MSCI does not have coverage. This information should not be used to produce comprehensive lists of companies without involvement. Business Involvement metrics are only displayed if at least 1% of the fund’s gross weight includes securities covered by MSCI ESG Research.

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 takes into account ESG considerations in combination with other information in the research and decision phases of the investment process. The Fund manager conducts regular portfolio reviews between with the Risk and Quantitative Analysis group and the Chief Investment Officers, which may include discussion of material ESG risks, as well as exposure to sustainability-related business involvements, climate-related metrics, and other factors. The Fund also includes an option overlay strategy; ESG factors are not considered in the investment process for the options overlay strategy.

Fees

Fees

on net assets
Management Fee 1.25%
Interest Expense 0.00%
Other Expenses 0.04%
Acquired Fund Fees and Expenses 0.00%
Gross Expense Ratio 1.29%
on managed assets
Management Fee 1.25%
Interest Expense 0.00%
Other Expenses 0.04%
Acquired Fund Fees and Expenses 0.00%
Gross Expense Ratio 1.29%

Ratings

Holdings

Holdings

as of Jul 29, 2022
Name Weight (%)
ENTEGRIS INC 3.05
AXON ENTERPRISE INC 2.91
BIO-TECHNE CORP 2.89
PAYLOCITY HOLDING CORP 2.80
MONOLITHIC POWER SYSTEMS INC 2.79
Name Weight (%)
FIVE9 INC 2.78
REPLIGEN CORPORATION 2.66
PLANET FITNESS INC 2.60
CHART INDUSTRIES INC 2.59
TRADEWEB MARKETS INC 2.30

Exposure Breakdowns

Exposure Breakdowns

as of Jul 29, 2022

% of Market Value

Type Fund
as of Jul 29, 2022

% of Market Value

Type Fund
as of Jul 29, 2022

% of Market Value

Type Fund
as of Jul 29, 2022

% of Market Value

Type Fund
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 H. Ruvinsky
Managing Director

    

Kyle McClements
Kyle McClements
Christopher Accettella
Christopher Accettella
William Broadbent
William Broadbent
Misha Lozovik
Misha Lozovik
Portfolio Manager

Literature

Literature