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BlackRock Mid-Cap Value Fund
mutual fund
MCRFX
Payout Change
Pending
Price as of:
$14.66
-0.04
-0.27%
primary theme
U.S. Mid-Cap Value Equity
share class
MCRFX (Mutual Fund)
BlackRock Mid-Cap Value Fund
Payout Change
Pending
Price as of:
$14.66
-0.04
-0.27%
primary theme
U.S. Mid-Cap Value Equity
share class
MCRFX (Mutual Fund)
BlackRock Mid-Cap Value Fund
Payout Change
Pending
Price as of:
$14.66
-0.04
-0.27%
primary theme
U.S. Mid-Cap Value Equity
share class
Name
As of 12/13/2024Price
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
11.9%
1 yr return
12.9%
3 Yr Avg Return
7.1%
5 Yr Avg Return
9.5%
Net Assets
$1.09 B
Holdings in Top 10
22.6%
52 WEEK LOW AND HIGH
$14.7
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.89%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 83.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/13/2024Price
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
MCRFX - Profile
Distributions
- YTD Total Return 11.9%
- 3 Yr Annualized Total Return 7.1%
- 5 Yr Annualized Total Return 9.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.29%
- Dividend Yield 1.3%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameBlackRock Mid-Cap Value Fund
-
Fund Family NameBlackRock-advised Funds
-
Inception DateJan 14, 1997
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDavid Zhao
Fund Description
The Fund seeks to achieve its investment objective by investing primarily in a diversified portfolio of equity securities. Under normal circumstances, the Fund will invest at least 80% of its net assets plus the amount of any borrowings for investment purposes in equity securities of mid cap companies. Under normal market conditions, the Fund intends to invest primarily in dividend-paying securities. Equity securities include common stock, preferred stock, or securities or other instruments whose price is linked to the value of common stock. The Fund may also purchase convertible securities. Mid cap companies are companies that at the time of purchase have market capitalizations in the range of companies included in the Russell Midcap® Value Index (generally between $408 million and $61.9 billion as of July 31, 2024, although this range may change from time to time). The Fund will focus on issuers that have good prospects for capital appreciation and current income. Although the Fund invests primarily in dividend-paying securities, portions of the distributions paid by the Fund may not be subject to the lower income tax rates applicable to dividends. While the Fund will invest at least 80% of its assets in mid cap securities, the Fund may invest in securities of companies with any market capitalization. The Fund’s portfolio, in the aggregate, will be structured in a manner designed to seek long-term capital appreciation as well as net portfolio yield in excess of the average yield of mutual funds invested primarily in U.S. equities.
The Fund may also invest in securities convertible into common stock and non-convertible preferred stock. Convertible securities are generally debt securities or preferred stock that may be converted into common stock. Convertible securities typically pay current income as either interest (debt security convertibles) or dividends (preferred stock). A convertible security’s value usually reflects both the stream of current income payments and the market value of the underlying common stock. Preferred stock is a class of stock that often pays dividends at a specified rate and has preference over common stock in dividend payments and liquidation of assets. Preferred stock may also be convertible into common stock.
The Fund may invest up to 25% of its total assets in securities of foreign issuers. The Fund may invest in securities from any country. The Fund may invest in securities denominated in both U.S. dollars and non-U.S. dollar currencies. The 80% policy noted above is a non-fundamental policy of the Fund and may not be changed without 60 days’ prior notice to shareholders.
MCRFX - Performance
Return Ranking - Trailing
| Period | MCRFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 11.9% | 4.1% | 35.1% | 75.00% |
| 1 Yr | 12.9% | 8.6% | 42.4% | 75.00% |
| 3 Yr | 7.1%* | -0.9% | 16.9% | 54.93% |
| 5 Yr | 9.5%* | 0.8% | 18.2% | 53.45% |
| 10 Yr | 7.3%* | 1.9% | 12.1% | 84.79% |
* Annualized
Return Ranking - Calendar
| Period | MCRFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 6.2% | -11.3% | 33.3% | 67.22% |
| 2022 | -10.3% | -41.6% | 2.3% | 24.44% |
| 2021 | 8.2% | -41.5% | 44.9% | 85.63% |
| 2020 | 3.5% | -29.0% | 22.1% | 27.79% |
| 2019 | 22.5% | -8.1% | 31.2% | 48.22% |
Total Return Ranking - Trailing
| Period | MCRFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 11.9% | 4.1% | 35.1% | 75.00% |
| 1 Yr | 12.9% | 8.6% | 42.4% | 75.00% |
| 3 Yr | 7.1%* | -0.9% | 16.9% | 54.93% |
| 5 Yr | 9.5%* | 0.8% | 18.2% | 53.45% |
| 10 Yr | 7.3%* | 1.9% | 12.1% | 84.79% |
* Annualized
Total Return Ranking - Calendar
| Period | MCRFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 11.4% | -1.7% | 36.5% | 60.28% |
| 2022 | -4.9% | -35.0% | 2.4% | 20.79% |
| 2021 | 25.2% | 6.2% | 48.3% | 79.44% |
| 2020 | 4.3% | -22.9% | 23.2% | 37.25% |
| 2019 | 28.2% | -3.0% | 35.7% | 38.46% |
NAV & Total Return History
MCRFX - Holdings
Concentration Analysis
| MCRFX | Category Low | Category High | MCRFX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.09 B | 991 K | 28 B | 46.81% |
| Number of Holdings | 107 | 8 | 2308 | 37.12% |
| Net Assets in Top 10 | 246 M | 349 K | 5.52 B | 43.77% |
| Weighting of Top 10 | 22.59% | 4.6% | 100.2% | 44.04% |
Top 10 Holdings
- BlackRock Liquidity Funds: T-Fund, Institutional Shares 3.08%
- First Citizens BancShares Inc/NC 2.73%
- Cardinal Health Inc 2.53%
- BlackRock Cash Funds: Institutional, SL Agency Shares 2.35%
- Kraft Heinz Co/The 2.28%
- SSC Technologies Holdings Inc 2.10%
- L3Harris Technologies Inc 2.02%
- Sealed Air Corp 1.98%
- Fidelity National Information Services Inc 1.76%
- Baxter International Inc 1.76%
Asset Allocation
| Weighting | Return Low | Return High | MCRFX % Rank | |
|---|---|---|---|---|
| Stocks | 96.05% | 55.64% | 103.53% | 86.15% |
| Cash | 5.43% | 0.00% | 27.43% | 10.80% |
| Preferred Stocks | 0.82% | 0.00% | 1.68% | 1.39% |
| Other | 0.00% | 0.00% | 7.98% | 74.79% |
| Convertible Bonds | 0.00% | 0.00% | 0.02% | 57.38% |
| Bonds | 0.00% | 0.00% | 19.09% | 58.45% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | MCRFX % Rank | |
|---|---|---|---|---|
| Financial Services | 19.22% | 0.00% | 60.11% | 33.70% |
| Technology | 15.46% | 0.00% | 30.07% | 5.85% |
| Healthcare | 13.17% | 0.00% | 32.47% | 15.32% |
| Industrials | 8.87% | 0.00% | 29.02% | 88.30% |
| Consumer Cyclical | 8.23% | 0.00% | 29.62% | 78.83% |
| Consumer Defense | 7.96% | 0.00% | 33.79% | 18.11% |
| Energy | 7.31% | 0.00% | 29.17% | 50.42% |
| Communication Services | 5.96% | 0.00% | 19.80% | 15.88% |
| Utilities | 5.61% | 0.00% | 24.69% | 56.27% |
| Basic Materials | 4.56% | 0.00% | 23.88% | 62.67% |
| Real Estate | 3.65% | 0.00% | 40.74% | 80.22% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | MCRFX % Rank | |
|---|---|---|---|---|
| US | 87.42% | 55.64% | 103.53% | 95.84% |
| Non US | 8.64% | 0.00% | 33.85% | 6.65% |
MCRFX - Expenses
Operational Fees
| MCRFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.89% | 0.06% | 16.92% | 9.17% |
| Management Fee | 0.64% | 0.00% | 1.20% | 35.46% |
| 12b-1 Fee | 1.00% | 0.00% | 1.00% | 93.65% |
| Administrative Fee | N/A | 0.01% | 0.40% | N/A |
Sales Fees
| MCRFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | 1.00% | 1.00% | 4.00% | 57.14% |
Trading Fees
| MCRFX 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.
| MCRFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 83.00% | 0.00% | 227.00% | 88.15% |
MCRFX - Distributions
Dividend Yield Analysis
| MCRFX | Category Low | Category High | MCRFX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.33% | 0.00% | 22.79% | 26.39% |
Dividend Distribution Analysis
| MCRFX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | SemiAnnual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| MCRFX | Category Low | Category High | MCRFX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.29% | -1.84% | 4.73% | 80.73% |
Capital Gain Distribution Analysis
| MCRFX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 10, 2024 | $0.168 | OrdinaryDividend |
| Dec 10, 2024 | $0.296 | CapitalGainShortTerm |
| Dec 10, 2024 | $0.873 | CapitalGainLongTerm |
| Jul 18, 2024 | $0.109 | OrdinaryDividend |
| Jul 18, 2024 | $0.115 | CapitalGainShortTerm |
| Jul 18, 2024 | $0.529 | CapitalGainLongTerm |
| Dec 08, 2023 | $0.197 | OrdinaryDividend |
| Dec 08, 2023 | $0.105 | CapitalGainShortTerm |
| Dec 08, 2023 | $0.347 | CapitalGainLongTerm |
| Jul 20, 2023 | $0.046 | OrdinaryDividend |
| Dec 07, 2022 | $0.095 | OrdinaryDividend |
| Jul 14, 2022 | $0.707 | OrdinaryDividend |
| Dec 07, 2021 | $1.334 | OrdinaryDividend |
| Jul 15, 2021 | $1.041 | OrdinaryDividend |
| Dec 07, 2020 | $0.030 | OrdinaryDividend |
| Oct 08, 2020 | $0.029 | OrdinaryDividend |
| Jul 16, 2020 | $0.037 | OrdinaryDividend |
| Dec 05, 2019 | $0.402 | CapitalGainShortTerm |
| Dec 05, 2019 | $0.072 | CapitalGainLongTerm |
| Dec 05, 2019 | $0.041 | OrdinaryDividend |
| Oct 10, 2019 | $0.042 | OrdinaryDividend |
| Jul 18, 2019 | $0.030 | OrdinaryDividend |
| Apr 10, 2019 | $0.038 | OrdinaryDividend |
| Dec 06, 2018 | $0.068 | OrdinaryDividend |
| Dec 06, 2018 | $0.299 | CapitalGainShortTerm |
| Dec 06, 2018 | $0.416 | CapitalGainLongTerm |
| Oct 11, 2018 | $0.035 | OrdinaryDividend |
| Jul 19, 2018 | $0.026 | OrdinaryDividend |
| Jul 19, 2018 | $0.253 | CapitalGainShortTerm |
| Jul 19, 2018 | $0.001 | CapitalGainLongTerm |
| Apr 11, 2018 | $0.052 | OrdinaryDividend |
| Dec 04, 2017 | $0.010 | OrdinaryDividend |
| Oct 12, 2017 | $0.056 | OrdinaryDividend |
| Jul 20, 2017 | $1.341 | CapitalGainShortTerm |
| Jul 20, 2017 | $2.448 | CapitalGainLongTerm |
| Dec 06, 2016 | $0.984 | CapitalGainLongTerm |
| Dec 15, 2015 | $0.037 | OrdinaryDividend |
| Dec 15, 2015 | $0.101 | CapitalGainShortTerm |
| Dec 15, 2015 | $1.675 | CapitalGainLongTerm |
| Jul 16, 2015 | $0.141 | CapitalGainShortTerm |
| Jul 16, 2015 | $0.638 | CapitalGainLongTerm |
| Dec 17, 2014 | $0.439 | CapitalGainShortTerm |
| Dec 17, 2014 | $0.063 | CapitalGainLongTerm |
| Jul 17, 2014 | $0.063 | CapitalGainShortTerm |
| Jul 17, 2014 | $0.609 | CapitalGainLongTerm |
| Dec 11, 2013 | $0.204 | CapitalGainShortTerm |
| Dec 11, 2013 | $1.100 | CapitalGainLongTerm |
| Jul 18, 2013 | $0.005 | OrdinaryDividend |
| Jul 17, 2008 | $0.099 | CapitalGainShortTerm |
| Jul 17, 2008 | $0.006 | CapitalGainLongTerm |
| Dec 14, 2007 | $1.013 | CapitalGainShortTerm |
| Dec 14, 2007 | $1.300 | CapitalGainLongTerm |
| Jul 19, 2007 | $0.362 | CapitalGainShortTerm |
| Jul 19, 2007 | $0.333 | CapitalGainLongTerm |
| Dec 13, 2006 | $1.039 | CapitalGainShortTerm |
| Dec 13, 2006 | $0.979 | CapitalGainLongTerm |
MCRFX - Fund Manager Analysis
Managers
David Zhao
Start Date
Tenure
Tenure Rank
Jun 12, 2017
4.97
5.0%
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
Jun 12, 2017
4.97
5.0%
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 |
|---|---|---|---|
| 0.08 | 35.59 | 8.15 | 10.92 |
