3 / 5 Stars
4 5 4 5 1
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
U.S. News evaluated 330 Large Value Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
Note: Profile written for different share class.
The fund has returned 25.22 percent over the past year, 16.42 percent over the past three years, 18.35 percent over the past five years, and 7.81 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||7.6%|
|3 Years (Annualized)||16.4%|
|5 Years (Annualized)||18.4%|
|10 Years (Annualized)||7.8%|
BlackRock Basic Value has long been a steady performer.
As of July 03, 2014, the fund has assets totaling almost $4.44 billion invested in 2 different holdings. Its portfolio consists primarily of shares of large companies.
Recently, the fund has been looking for value in companies that have hit rough patches. Management, for instance, recently increased the fund's exposure to Microsoft as the company's share prices continue to struggle. Management also bought additional shares of Citigroup, which finished the first quarter of 2011 in the red. Overall, 2010 was a middling year for the fund. While it was solidly in the black, it still underperformed both the S&P 500 and the average for Morningstar's large-value category. The fund has returned 25.22 percent over the past year and 16.42 percent over the past three years.
Historically, this fund has stayed toward the middle of the pack. Since 2000, it hasn't finished a single year in the top five or bottom 20 percent of its Morningstar category. Overall, its fairly consistent performance has led to above-average long-term numbers. The fund has returned 18.35 percent over the past five years and 7.81 percent over the past decade.
According to the fund's prospectus: "The Fund invests primarily in equity securities that Fund management believes are undervalued, which means that their prices are less than Fund management believes they are worth. ... Fund management places particular emphasis on companies with below average price/earnings ratios that may pay above average dividends. The Fund invests primarily in common stock of U.S. companies. The Fund focuses on companies with market capitalizations of over $5 billion."
Role in Portfolio
Morningstar calls the fund a "core" holding.
A team of three managers runs the fund.
BlackRock Basic Value Fund has an expense ratio of 0.55 percent.
Like all stock funds, this one comes with some risks.