One of the world’s premier asset management firms, BlackRock Inc. (BLK - Analyst Report) offers a range of risk management, strategic advisor and enterprise investment system services. With over $4.89 trillion worth of assets under management (as of Jun 30, 2016), it caters to institutional, intermediary and individual investors through a wide range of products and services. These offerings include 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 share with you 4 top-rated BlackRock funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers going ahead. Investors can click here to see the complete list of BlackRock funds.
BlackRock Natural Resources Investor A (MDGRX - MF report) seeks growth of capital for the long run. MDGRX invests the bulk of its assets in securities of natural resources related companies. The fund focuses mainly on companies which are engaged in the natural resources industry, like energy, oil and mining. BlackRock Natural Resources Investor A has returned 20.2% year to date.
MDGRX has an expense ratio of 1.14% as compared to the category average of 1.46%.
BlackRock Large Cap Growth Investor A (MDLHX - MF report) is a “feeder” fund and invests all of its assets in Master Growth Portfolio. MDLHX seeks capital appreciation for the long run. The fund normally invests in domestic large-cap companies which fall within its benchmark index, Russell 1000 Growth Index. BlackRock Large Cap Growth Investor A has returned 3% year to date.
Peter Stournaras is the fund manager of MDLHX since 2010.
BlackRock Allocation Target Shares Series C (BRACX - MF report) seeks growth of return through effective investment management and income generation. BRACX invests in a wide variety of securities like debentures, corporate bonds, residential and commercial mortgage-backed securities, asset-backed securities, government bonds, etc. BlackRock Allocation Target Shares Series C has returned 8.3% year to date.
BRACX has an expense ratio of 0.00% as compared to the category average of 0.76%.
BlackRock LifePath Index Retirement Investor A (LIRAX - MF report) invests in a series of Master Investment Portfolio that allocates its assets in a combination of equity and bond index funds along with money market funds. LIRAX seeks to provide retirement outcome based on quantitatively measured risk. BlackRock LifePath Index Retirement Investor A has returned 5.4% year to date.
As of Aug 2016, LIRAX held 11 issues with 50.93% of its assets invested in BlackRock US Total Bond Index Investor A.
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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