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3 BlackRock Mutual Funds Worth Considering

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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 $8.7 trillion worth of assets under management (excluding money market assets), as of Dec 31, 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) or #2 (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 High Yield Bond Portfolio Investor A Shares (BHYAX - Free Report) follows a research-intensive investment objective to generate high levels of income and capital growth. BHYAX invests the majority of its assets in high-yield bonds. The fund may invest up to 30% of its assets in non-dollar denominated bonds of issuers located outside of the United States. BHYAX sports a Zacks Mutual Fund Rank #1 and has three-year annualized returns of 5.3%.

James Keenan has been one of the fund managers of BHYAX since 2007.

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 its 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 carries a Zacks Mutual Fund Rank #2 and has returned 23.1% in the past three years.

BMGAX has an expense ratio of 1.05% compared with the category average of 1.16%.

BlackRock Advantage Small Cap Growth Fund Investor A Shares (CSGEX - Free Report) aims to generate high returns. The fund follows a research-intensive process and invests most of its assets in equity securities of small-capitalization companies that have ample scope for growth. The fund mostly invests in U.S. companies. CSGEX carries a Zacks Mutual Fund Rank #1 and has three-year annualized returns of 18.9%.

As of the end of December 2020, CSGEX held 560 issues with 1.07% of its assets invested in SiteOne Landscape Supply Inc.

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

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