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Buy These 3 BlackRock Mutual Funds to Boost Your Gains

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BlackRock Inc. (BLK) 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 risk and opportunities, BlackRock aims to provide a wide range of investment solutions to its clients.

BlackRock had a total of $6.28 trillion assets under management (as of Dec 31, 2017) 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.

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 BlackRock funds, their Zacks Rank and past performance.

BlackRock Allocation Target Shares Series A (BATAX - Free Report) invests mainly in residential commercial and mortgage-backed securities, and asset-backed securities that are issued by U.S. government and its different agencies. BATAX seeks maximization of income and preservation of capital. BlackRock Allocation Target Shares Series A has returned 5.2% in the past year.

BATAX has an expense ratio of 0.01% compared with the category average of 0.71%.

BlackRock Floating Rate Income Investor A (BFRAX - Free Report) seeks a high level of income as well as appreciation of capital for the long run. BFRAX invests a large chunk of its assets in floating rate securities. BlackRock Floating Rate Income Investor A has one-year annualized returns of 3.5%.

As of April 2018, BFRAX held 563 issues with 1.45% of its assets invested in Centurylink (Level 3 Communication) Tl-B.

BlackRock Small Cap Growth Equity Investor A (CSGEX - Free Report) invests a major portion of its assets in equity securities of small-cap domestic companies. According to CSGEX advisors, companies with market cap similar to those included on the Russell 2000 index are considered small caps. The fund may also participate in IPO markets. BlackRock Small Cap Growth Equity Investor A has returned 11.8% in the past year.

Travis Cooke is one of the fund managers of CSGEX since 2013.

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.

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