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BLACKROCK LARGE CAP FOCUS VALUE FUND, INC.
mutual fund
MABAX
Payout Change
Pending
Price as of:
$19.28
-0.12
-0.62%
primary theme
U.S. Large-Cap Value Equity
share class
MABAX (Mutual Fund)
BLACKROCK LARGE CAP FOCUS VALUE FUND, INC.
Payout Change
Pending
Price as of:
$19.28
-0.12
-0.62%
primary theme
U.S. Large-Cap Value Equity
share class
MABAX (Mutual Fund)
BLACKROCK LARGE CAP FOCUS VALUE FUND, INC.
Payout Change
Pending
Price as of:
$19.28
-0.12
-0.62%
primary theme
U.S. Large-Cap Value Equity
share class
Name
As of 12/12/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
4.3%
1 yr return
6.8%
3 Yr Avg Return
6.1%
5 Yr Avg Return
8.2%
Net Assets
$1.96 B
Holdings in Top 10
29.0%
52 WEEK LOW AND HIGH
$19.4
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.54%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 80.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/12/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
MABAX - Profile
Distributions
- YTD Total Return 4.3%
- 3 Yr Annualized Total Return 6.1%
- 5 Yr Annualized Total Return 8.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.70%
- Dividend Yield 1.9%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameBLACKROCK LARGE CAP FOCUS VALUE FUND, INC.
-
Fund Family NameBlackRock-Advised Funds
-
Inception DateJun 29, 1998
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJoseph Wolfe
Fund Description
Under normal circumstances, the Fund seeks to invest at least 80% of its net assets plus the amount of any borrowings for investment purposes in large cap equity securities and derivatives that have similar economic characteristics to such securities. For purposes of the Fund’s 80% policy, large cap equity securities are equity securities that at the time of purchase have a market capitalization within the range of companies included in the Russell 1000® Value Index (the “Russell 1000 Value Index”). The Russell 1000 Value Index is a capitalization-weighted index from a broad range of industries chosen for market size, liquidity and industry group representation. Equity securities consist of common stock and preferred stock, other financial instruments that are components of, or have characteristics similar to, the securities included in the Russell 1000 Value Index, and American Depositary Receipts (“ADRs”), which are receipts typically issued by an American bank or trust company that evidence underlying securities issued by a foreign company. The Fund may also purchase convertible securities.
The Fund invests primarily in equity securities that Fund management believes are undervalued, which means that their prices are less than Fund management believes they are worth. Fund management places particular emphasis on companies with below average price/earnings ratios that may pay above average dividends. The Fund invests primarily in common stock of U.S. companies, but the Fund may invest up to 25% of its total assets in the securities of foreign companies and ADRs. The Fund generally intends to invest in not less than 30 to not more than 50 companies.
MABAX - Performance
Return Ranking - Trailing
| Period | MABAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.3% | -12.3% | 48.1% | 80.52% |
| 1 Yr | 6.8% | -7.1% | 60.7% | 73.50% |
| 3 Yr | 6.1%* | -4.2% | 31.7% | 39.89% |
| 5 Yr | 8.2%* | 0.1% | 45.6% | 49.95% |
| 10 Yr | 8.6%* | 1.8% | 25.4% | 90.89% |
* Annualized
Return Ranking - Calendar
| Period | MABAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 10.6% | -16.9% | 46.1% | 24.65% |
| 2022 | -14.0% | -64.7% | 4.6% | 69.61% |
| 2021 | 2.6% | -44.2% | 57.5% | 91.39% |
| 2020 | -9.6% | -23.2% | 285.0% | 92.98% |
| 2019 | 9.7% | -21.4% | 48.5% | 92.87% |
Total Return Ranking - Trailing
| Period | MABAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.3% | -12.3% | 48.1% | 80.52% |
| 1 Yr | 6.8% | -7.1% | 60.7% | 73.50% |
| 3 Yr | 6.1%* | -4.2% | 31.7% | 39.89% |
| 5 Yr | 8.2%* | 0.1% | 45.6% | 49.95% |
| 10 Yr | 8.6%* | 1.8% | 25.4% | 90.89% |
* Annualized
Total Return Ranking - Calendar
| Period | MABAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 16.2% | -15.9% | 46.7% | 18.09% |
| 2022 | -4.6% | -42.0% | 8.5% | 41.60% |
| 2021 | 21.7% | 3.6% | 129.7% | 86.89% |
| 2020 | 3.3% | -22.6% | 304.8% | 46.34% |
| 2019 | 24.2% | -12.7% | 52.1% | 66.84% |
NAV & Total Return History
MABAX - Holdings
Concentration Analysis
| MABAX | Category Low | Category High | MABAX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.96 B | 126 K | 163 B | 35.33% |
| Number of Holdings | 50 | 2 | 1727 | 80.37% |
| Net Assets in Top 10 | 567 M | 466 K | 39.5 B | 38.13% |
| Weighting of Top 10 | 28.96% | 4.4% | 99.1% | 43.54% |
Top 10 Holdings
- CITIGROUP INC 3.44%
- WELLS FARGO CO 3.36%
- COMCAST CORP-CLASS A 3.16%
- CVS Health Corp 2.86%
- SSC Technologies Holdings Inc 2.82%
- Alibaba Group Holding Ltd 2.69%
- Baxter International Inc 2.69%
- L3Harris Technologies Inc 2.67%
- First Citizens BancShares Inc/NC 2.65%
- WPP PLC 2.64%
Asset Allocation
| Weighting | Return Low | Return High | MABAX % Rank | |
|---|---|---|---|---|
| Stocks | 99.50% | 4.16% | 102.49% | 18.32% |
| Cash | 1.47% | 0.00% | 17.28% | 50.37% |
| Preferred Stocks | 0.00% | 0.00% | 13.68% | 67.57% |
| Other | 0.00% | -2.59% | 39.89% | 72.99% |
| Convertible Bonds | 0.00% | 0.00% | 3.66% | 65.26% |
| Bonds | 0.00% | 0.00% | 97.99% | 66.73% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | MABAX % Rank | |
|---|---|---|---|---|
| Financial Services | 19.66% | 0.00% | 58.05% | 46.32% |
| Healthcare | 19.18% | 0.00% | 30.08% | 29.06% |
| Technology | 17.53% | 0.00% | 54.02% | 11.04% |
| Consumer Cyclical | 9.42% | 0.00% | 22.74% | 13.68% |
| Energy | 7.87% | 0.00% | 54.00% | 49.34% |
| Communication Services | 7.86% | 0.00% | 26.58% | 19.34% |
| Consumer Defense | 6.97% | 0.00% | 34.10% | 70.28% |
| Industrials | 6.65% | 0.00% | 42.76% | 89.25% |
| Utilities | 1.97% | 0.00% | 27.04% | 79.72% |
| Real Estate | 1.44% | 0.00% | 90.54% | 67.83% |
| Basic Materials | 1.44% | 0.00% | 21.69% | 85.38% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | MABAX % Rank | |
|---|---|---|---|---|
| US | 90.99% | 4.16% | 102.49% | 84.86% |
| Non US | 8.51% | 0.00% | 24.08% | 6.17% |
MABAX - Expenses
Operational Fees
| MABAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.54% | 0.03% | 14.82% | 85.37% |
| Management Fee | 0.42% | 0.00% | 1.50% | 21.46% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 0.50% | 86.19% |
Sales Fees
| MABAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 5.75% | N/A |
| Deferred Load | N/A | 0.95% | 5.00% | N/A |
Trading Fees
| MABAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| MABAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 80.00% | 0.00% | 488.00% | 83.28% |
MABAX - Distributions
Dividend Yield Analysis
| MABAX | Category Low | Category High | MABAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.91% | 0.00% | 16.67% | 29.93% |
Dividend Distribution Analysis
| MABAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| MABAX | Category Low | Category High | MABAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.70% | -1.51% | 4.28% | 30.91% |
Capital Gain Distribution Analysis
| MABAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 08, 2023 | $0.407 | OrdinaryDividend |
| Dec 08, 2023 | $0.325 | CapitalGainShortTerm |
| Dec 08, 2023 | $0.163 | CapitalGainLongTerm |
| Nov 30, 2022 | $0.640 | OrdinaryDividend |
| Aug 17, 2022 | $1.267 | OrdinaryDividend |
| Nov 26, 2021 | $0.995 | OrdinaryDividend |
| Aug 11, 2021 | $2.540 | OrdinaryDividend |
| Nov 24, 2020 | $0.323 | OrdinaryDividend |
| Nov 24, 2020 | $0.160 | OrdinaryDividend |
| Aug 05, 2020 | $1.872 | OrdinaryDividend |
| Nov 26, 2019 | $2.098 | CapitalGainLongTerm |
| Nov 26, 2019 | $0.576 | OrdinaryDividend |
| Nov 27, 2018 | $0.129 | CapitalGainShortTerm |
| Nov 27, 2018 | $4.915 | CapitalGainLongTerm |
| Nov 27, 2018 | $0.533 | OrdinaryDividend |
| Dec 04, 2017 | $0.239 | CapitalGainShortTerm |
| Dec 04, 2017 | $0.574 | CapitalGainLongTerm |
| Dec 04, 2017 | $0.454 | OrdinaryDividend |
| Dec 06, 2016 | $0.101 | CapitalGainShortTerm |
| Dec 06, 2016 | $0.269 | CapitalGainLongTerm |
| Dec 06, 2016 | $0.452 | OrdinaryDividend |
| Dec 12, 2014 | $0.998 | CapitalGainShortTerm |
| Dec 12, 2014 | $4.984 | CapitalGainLongTerm |
| Dec 12, 2014 | $0.503 | OrdinaryDividend |
| Dec 13, 2013 | $0.257 | CapitalGainShortTerm |
| Dec 13, 2013 | $3.530 | CapitalGainLongTerm |
| Dec 13, 2013 | $0.494 | OrdinaryDividend |
| Dec 06, 2012 | $1.740 | CapitalGainLongTerm |
| Dec 06, 2012 | $0.564 | OrdinaryDividend |
| Dec 06, 2011 | $0.228 | CapitalGainLongTerm |
| Dec 06, 2011 | $0.479 | OrdinaryDividend |
| Dec 02, 2010 | $0.409 | OrdinaryDividend |
| Dec 04, 2009 | $0.460 | OrdinaryDividend |
| Dec 04, 2008 | $0.326 | OrdinaryDividend |
| Sep 18, 2008 | $0.244 | OrdinaryDividend |
| Sep 18, 2008 | $0.039 | CapitalGainShortTerm |
| Sep 18, 2008 | $0.425 | CapitalGainLongTerm |
| Dec 06, 2007 | $0.268 | OrdinaryDividend |
| Dec 06, 2007 | $0.098 | CapitalGainShortTerm |
| Dec 06, 2007 | $1.521 | CapitalGainLongTerm |
| Sep 18, 2007 | $0.016 | OrdinaryDividend |
| Sep 18, 2007 | $0.088 | CapitalGainShortTerm |
| Sep 18, 2007 | $0.113 | CapitalGainLongTerm |
| Jun 13, 2007 | $0.253 | OrdinaryDividend |
| Jun 13, 2007 | $0.287 | CapitalGainShortTerm |
| Jun 13, 2007 | $1.560 | CapitalGainLongTerm |
| Dec 05, 2006 | $0.272 | OrdinaryDividend |
| Dec 05, 2006 | $0.120 | CapitalGainShortTerm |
| Dec 05, 2006 | $0.599 | CapitalGainLongTerm |
MABAX - Fund Manager Analysis
Managers
Joseph Wolfe
Start Date
Tenure
Tenure Rank
Mar 29, 2017
5.18
5.2%
Joseph Wolfe, CFA, CQF, FRM, has been a Director at BlackRock within the Fundamental Active Equity Portfolio Management Group since 2012. Prior to joining BlackRock in 2012, Mr. Wolfe was the head of Quantitative Active Research at Northern Trust in Chicago where he directed quantitative research across the active equity teams, developed ETF strategies for FlexShares and co-managed several active mutual funds. Prior to joining Northern Trust in 2005, Joseph was a senior quantitative analyst with the State Teachers Retirement System of Ohio. Joseph received a B.S. degree from Slippery Rock University and holds advanced degrees in economics from Ohio State University and Kent State University. He is a CFA charterholder and a Certified Financial Risk Manager. He is a member of the Boston Security Analysts Society, Chicago Quantitative Alliance and Global Association of Risk Professionals. He holds a Series 3 license.
David Zhao
Start Date
Tenure
Tenure Rank
Nov 15, 2019
2.54
2.5%
Jointly and primarily responsible for the day-to-day management of the Fund’s portfolio including setting the Fund’s overall investment strategy and overseeing the management of the Fund
Tony DeSpirito
Start Date
Tenure
Tenure Rank
Nov 15, 2019
2.54
2.5%
Mr. DeSpirito has been a Managing Director of BlackRock, Inc. since 2014. Prior to joining BlackRock in August 2014, for the last 18 years Tony had been with Pzena Investment Management where he was Managing Principal, Portfolio Manager and a member of the firm’s Executive Committee. Prior to joining Pzena Investment Management in 1996, Mr. DeSpirito was an Associate in the Corporate Department at the Boston based law firm of Ropes & Gray LLP. At Ropes & Gray, he advised clients in the direct television, financial services, fitness, packaging films, retail, software, and wire and cable industries. Mr. DeSpirito earned a B.S. summa cum laude from the Wharton School of the University of Pennsylvania in 1990 and a J.D. magna cum laude from Harvard Law School in 1993. "
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.05 | 86.59 | 8.12 | 6.71 |
