BlackRock Inc. is one of the world’s leading asset management firms offering a range of risk management, strategic advisor and enterprise investment system services. With about $9.49 trillion worth of assets under management (excluding money market assets) as of June 30, 2020, it caters to institutional, intermediary and individual investors.
Its offerings range from individual and institutional separate accounts to mutual funds and other pooled investment options. BlackRock aims to provide a wide range of investment solutions to strike a balance between risk and opportunities.
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 its peers in the future. Investors can click here to see the complete list of funds, their Zacks Rank and past performance.
BlackRock Mid-Cap Growth Equity Portfolio Investor A Shares (BMGAX – Free Report) fund aims for capital appreciation over the long term. The fund invests the 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 24.7% in the past three years.
Lawrence G. Kemp is one of the fund managers of BMGAX since 2013.
BlackRock Commodity Strategies Portfolio Investor A Shares (BCSAX – Free Report) fund aims for total return. The fund focuses on investments in commodity-linked derivatives and to plans to meet coverage and collateral requirements associated with these derivative investments. BCSAX has returned 6.7% in the past three years.
BCSAX has an expense ratio of 0.97% compared with the category average of 1.15%.
BlackRock International Fund of BlackRock Series, Inc. Investor A Shares (MDILX – Free Report) aims for capital appreciation over the long term. The fund invests the majority of assets in stocks of companies located outside the United States. MDILX invests a minimum of 75% of its total assets in global equity securities of any market capitalization. The fund has a three-year annualized return of 14.9%.
As of February 26 2021, MDILX held 41 issues with 5.5% of its assets invested in Recruit Holdings Co Ltd.
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 >>