Equity

BDVEX

BlackRock Diversified Equity Fund

Overview

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Performance

Performance

  1y 3y 5y 10y
17.87 24.99 16.10 15.03
Benchmark (%) 17.75 - - -
Morningstar Category Avg. (%) 14.57 22.31 14.83 13.68
Morningstar Ranking 233/1317 - - -
Morningstar Quartile 1 - - -
Lipper Ranking 87/571 - - -
Lipper Quartile 1 - - -
  YTD 1m 3m 1y 3y 5y 10y
14.70 3.39 7.83 17.87 95.25 110.90 305.60
Benchmark (%) 14.60 3.47 7.99 17.75 - - -
Morningstar Category Avg. (%) 13.10 2.94 6.92 14.57 82.99 99.68 260.40
  2020 2021 2022 2023 2024
Total Return (%) - - - - 25.37
Benchmark (%) - - - - 24.51
Morningstar Category Avg. (%) - - - - 21.45

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.

For periods prior to September 19, 2023, the chart and table are based on the performance of the Master Portfolio in which the Fund invests all of its assets, adjusted to reflect the estimated annual fund fees and operating expenses of the Institutional Shares of the Fund.

Click here for historical distribution data and here for upcoming distribution estimates

Key Facts

Key Facts

Size of Fund (Millions)
as of Dec 04, 2025
$1,214.4 M
Share Class launch date
Sep 06, 2023
Benchmark Index
Russell 1000 Index (USD)
Lipper Classification
Multi-Cap Core Funds
Max Offer Price
as of Dec 04, 2025
$14.37
Turnover Percent in the Annual Report
as of Dec 31, 2024
113.00%
Size of Class (Millions)
as of Dec 04, 2025
$1,214.4 M
Asset Class
Equity
Morningstar Category
Large Blend
CUSIP
09260W576
Open to New Investors
No

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of Apr 30, 2025
1
P/E Ratio - Forward
as of Oct 31, 2025
0.00
Average Market Cap (Millions)
as of Oct 31, 2025
$ 0.0 M
Fund Standard Deviation (3y)
as of -
-
Active Share
as of -
-
P/B Ratio
as of Oct 31, 2025
0.00
Alpha (3y)
as of -
-
R-Squared (3y)
as of -
-
Beta (3y)
as of -
-
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 0.50%
Net Expense Ratio 0.40%

Net Expense Ratio excluding Investment Related Expenses is 0.39%

  • Acquired Fund Fees and Expenses 0.01%
  • Interest expense 0.00%

Ratings

Ratings

Morningstar Medalist Rating

Morningstar Medalist Rating - BRONZE
Morningstar has awarded the Fund a Bronze medal. (Effective Oct 31, 2025)
Analyst-Driven % as of Oct 31, 2025
55.00
Data Coverage % as of Oct 31, 2025
88.00

Holdings

Holdings

as of Oct 31, 2025
Name Weight (%)
NVIDIA CORP 2.99
APPLE INC 2.45
TAIWAN SEMICONDUCTOR MANUFACTURING 2.44
MICROSOFT CORP 2.35
AMAZON COM INC 1.61
Name Weight (%)
TENCENT HOLDINGS LTD 1.11
BROADCOM INC 1.06
ALPHABET INC CLASS A 0.92
SAMSUNG ELECTRONICS LTD 0.87
META PLATFORMS INC CLASS A 0.84
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

Sorry, sectors are not available at this time.
Sorry, market cap data is not available at this time.
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
Head of Global Tactical Asset Allocation Team, Multi-Asset Strategies and Solutions

  

Michael Pensky, CFA
Portfolio Manager, Global Tactical Asset Allocation Team

   

Dan Felder
Director, Global Tactical Asset Allocation Team

   

Portfolio Manager

This fund does not seek to follow a sustainable, impact or ESG investment strategy. For more information regarding the fund's investment strategy, please see the fund's prospectus or, as applicable, shareholder report.

Literature

Literature