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Best of Fund Family

One of the world’s premier asset management firms, BlackRock offers a range of risk management, strategic advisory and enterprise investment system services to clients worldwide. With over $3.35 trillion worth of assets under management, the company caters to institutional, intermediary and individual investors through a wide range of products and services. These offerings would range from individual and institutional separate accounts, mutual funds and other pooled investment options. BlackRock aims to provide a wide range of investment solutions to its clients, helping them strike the right balance between risk and opportunities.

Below we will share with you 5 top rated BlackRock funds. Each has earned a Zacks #1 Rank (Strong Buy) as we expect the fund to outperform its peers in the future. To view the Zacks Rank and past performance of all BlackRock funds, then click here.

BlackRock Utilities & Telecomm A (MDGUX) invests the majority of its assets in domestic and foreign utilities and telecom companies. It may purchase both equity and fixed-income securities. It may invest in both developed and emerging markets. The fund returned 22.26% over the last one year period.

The BlackRock fund has a minimum initial investment of $1,000 and an expense ratio of 1.36% compared to a category average of 1.41%.

BlackRock High Yield Bond A (BHYAX) seeks both capital growth and a steady income flow. It focuses on purchasing bonds rated at investment grade with maturity periods of ten years or less. Up to 10% of its assets may be used to purchase foreign bonds denominated in currencies other than the U.S. dollar. The fund returned 52.74% in the last one year period and has a ten year annualized return of 6.53%.

James S. Keenan is the fund manager and he has managed this BlackRock fund since 2007.

BlackRock Latin America A (MDLTX) invests the majority of its assets in equity securities of companies with a wide range of market capitalizations located in Latin America. It may also purchase debt securities issued by governments, related agencies and financial institutions. The fund has a five year annualized return of 22.49%.

The BlackRock fund has an expense ratio of 1.63% compared to a category average of 1.87%.

BlackRock Energy & Resources A (SSGRX - MF report) seeks long-term capital appreciation. It invests at least 80% of its assets in energy and natural resources companies worldwide. Up to 20% of its assets may be used to purchase domestic and foreign securities in other sectors. The fund has a ten year annualized return of 22.92%.

As of December 2009, this fund held 144 issues, with 7.50% of its total assets invested in Massey Energy Company.

BlackRock High Income A (MDHIX) invests heavily in fixed income securities. These are generally rated relatively low by at least one recognized rating agency. It may also purchase unrated securities of comparable value. The fund returned 58.06% over the last one year period.

James S. Keenan is the fund manager and he has managed this BlackRock fund since 2007.

To view the Zacks Rank and past performance of all BlackRock funds, then click here.

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/mutualfund/

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