BlackRock Inc. 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 $6.444 trillion in assets under management (as of Sep 30, 2018) 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 four 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 LifePath Index Retirement Fund Investor A Shares (LIRAX - Free Report) aims to provide for retirement outcomes that are based on quantitatively measured risk. The fund invests the majority of its assets in securities and other financial instruments whose economic characteristics are similar to the securities in its custom benchmark index. LIRAX has three and five-year annualized returns of 6.1% and 4% respectively.
LIRAX has an expense ratio of 0.41% compared with the category average of 0.48%.
BlackRock Advantage Large Cap Growth Fund Investor A Shares (BMCAX - Free Report) aims for long-term capital growth. The fund invests the majority of its assets and any borrowings for investment purposes in securities of large-cap U.S. companies and derivatives that possess equivalent economic characteristics to such securities. BMCAX has three and five-year annualized returns of 17.5% and 8.9% respectively.
As of February 2019, BMCAX held 203 issues with 6.02% of its assets invested in
BlackRock Tactical Opportunities Fund Investor A Shares (PCBAX - Free Report) aims for total return. The fund may choose to invest in common stocks, preferred stocks, depository receipts, securities convertible into common stocks and non-convertible preferred stocks. PCBAX has three and five-year annualized returns of 5.2% and 2.8% respectively.
Philip J. Green is one of the fund managers of PCBAX since 2006.
BlackRock Advantage Small Cap Growth Fund Investor A Shares (CSGEX - Free Report) seeks to provide long-term capital growth. The fund invests the majority of its net assets in securities of small-cap companies along with investing in securities or instruments of issuers in the United States. CSGEX has three and five-year annualized returns of 18.1% and 7.2% respectively.
CSGEX has an expense ratio of 0.75% compared with the category average of 1.20%.
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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