Advertisement
UK markets closed

  • NIKKEI 225

    38,835.10
    +599.03 (+1.57%)
     

  • HANG SENG

    18,479.37
    -98.93 (-0.53%)
     

  • CRUDE OIL

    78.36
    -0.02 (-0.03%)
     

  • GOLD FUTURES

    2,324.00
    -0.20 (-0.01%)
     

  • DOW

    38,884.26
    +31.99 (+0.08%)
     

  • Bitcoin GBP

    50,393.02
    -373.04 (-0.73%)
     

  • CMC Crypto 200

    1,303.09
    -62.03 (-4.54%)
     

  • NASDAQ Composite

    16,332.56
    -16.69 (-0.10%)
     

  • UK FTSE All Share

    4,522.99
    +53.90 (+1.21%)
     
Money:

The retirement income gap no-one is talking about

People are living longer than ever before and this can impact how you plan for retirement

3 BlackRock Mutual Funds That Deserve Your Attention

Zacks Equity Research
·2-min read

BlackRock Inc. had a total of $8.68 trillion assets under management (as of Dec 31, 2020) across equity, fixed income, cash management, alternative investment, real estate and advisory strategies. It caters to institutional, intermediary and individual investors through a wide range of products and services.

BlackRock offers an array of risk management, strategic advisor and enterprise investment system services. Its offerings range from individual and institutional separate accounts to mutual funds and other pooled investment options. In order to strike a balance between risks and opportunities, BlackRock aims to provide a wide range of investment solutions to its clients.

Below we share with you three top-ranked BlackRock funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform peers in the future. Investors can click here to see the complete list of funds.

BlackRock Mid-Cap Growth Equity Portfolio Investor A Shares BMGAX fund aims for capital appreciation over the long term. The fund invests majority of assets in equity securities of mid-cap U.S. companies, which the fund’s management believes would have more-than-average earnings growth potential. The fund mostly invests in common stocks, preferred stocks, convertible securities and other equity securities. BMGAX has returned 23.7% in the past three years.

ADVERTISEMENT

Lawrence G. Kemp is one of the fund managers of BMGAX since 2013.

BlackRock Emerging Markets Fund, Inc. Investor A Shares MDDCX aims for long-term capital appreciation. The fund invests majority of assets in equity securities of issuers located in countries with developing capital markets such as Asia, Latin America, Eastern Europe and Africa. MDDCX has returned 14.9% in the past three years.

As of the end of May 2021, MDDCX held 96 issues with 5.18% of its assets invested in Taiwan Semiconductor Manufacturing Co Ltd.

BlackRock CoreAlpha Bond Fund Investor A Shares BCRAX aims to offer income and capital appreciation. The fund invests majority of assets in bonds. The fund may also invest in bonds issued by companies located in foreign countries including those in emerging markets. BCRAX has three-year annualized returns of 5.4%.

BCRAX has an expense ratio of 0.53% compared with the category average of 0.61%.

To view the Zacks Rank and past performance of all BlackRock mutual funds, investors can click here to see the complete list of funds.

Want key mutual fund info delivered straight to your inbox?

Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Get Your Free (MDDCX): Fund Analysis Report
 
Get Your Free (BMGAX): Fund Analysis Report
 
Get Your Free (BCRAX): Fund Analysis Report
 
To read this article on Zacks.com click here.