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 nearly $238 billion worth of assets under management (excluding money market assets), the company caters to institutional, intermediary as well as 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 4 top-rated BlackRock funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and we expect the fund to outperform its peers in the future. To view the Zacks Rank and past performance of all BlackRock mutual funds, investors can click here to see the complete list of BlackRock funds .
BlackRock Science & Technology Opportunities Service (BSTSX - MF report) seeks capital growth over the long run. BSTSX invests a large share of its assets in securities of companies from the technology sector that are believed to have impressive growth prospects. The fund invests in securities of firms throughout the globe with a maximum of one-fourth of its assets invested in companies from emerging nations. Though BSTSX primarily focuses on acquiring common stocks of companies, it may also invest in other form of securities including preferred stock, convertible and Rule 144A securities. The BlackRock Science & Technology Opportunities Service fund has returned 10.9% over the past one year.
As of August 2015, BSTSX held 158 issues with 6.41% of its assets invested in Apple Inc.
BlackRock Small Cap Growth Equity Investor A (CSGEX - MF report) invests a lion’s share of its assets in equity securities of domestic companies having small size market capitalization. According to CSGEX advisors, companies with a market cap similar to those included in the Russell 2000 Index are considered small cap firms. CSGEX may also participate in IPO markets. The BlackRock Science & Technology Opportunities Service fund has returned 3.7% over the past one year.
Travis Cooke is the fund manager of CSGEX since 2013.
BlackRock National Municipal Investor A (MDNLX - MF report) seeks high income exempted from Federal income taxes. MDNLX invests a major portion of its assets in municipal debt securities that are believed to provide interest income free from Federal income taxes. MDNLX invests a minimum of 65% of its assets in investment grade securities and may also invest a significant share of its assets in “junk bonds.” MDNLX is expected to maintain a maturity duration of at least five years. The BlackRock National Municipal Investor A fund has returned 2.7% over the past one year.
MDNLX has an expense ratio of 0.72% as compared to category average of 0.79%.
BlackRock Floating Rate Income Investor A (BFRAX - MF report) invests a large chunk of its assets in securities that are expected to provide a floating rate of returns. BFRAX may also invest in senior floating rate loans without any limitation. The BlackRock Floating Rate Income Investor A fund has returned 1.8% over the past one year.
As of August 2015, BFRAX held 445 issues with 1.27% of its assets invested in First Data Corporation Tl.
To view the Zacks Rank and past performance of all BlackRock mutual funds, investors can click here to see the complete list of funds .
About Zacks Mutual Fund Rank
By applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward. Learn more about the Zacks Mutual Fund Rank at http://www.zacks.com/funds.