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Trending ETFs

BlackRock Advantage Large Cap Value Fund

mutual fund
MLVKX
Payout Change
Pending
Price as of:
$32.82 +0.1 +0.31%
primary theme
U.S. Large-Cap Value Equity
MLVKX (Mutual Fund)

BlackRock Advantage Large Cap Value Fund

Payout Change
Pending
Price as of:
$32.82 +0.1 +0.31%
primary theme
U.S. Large-Cap Value Equity
MLVKX (Mutual Fund)

BlackRock Advantage Large Cap Value Fund

Payout Change
Pending
Price as of:
$32.82 +0.1 +0.31%
primary theme
U.S. Large-Cap Value Equity

Name

As of 09/30/2024

Price

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

$32.82

$622 M

1.27%

$0.41

0.62%

Vitals

YTD Return

18.1%

1 yr return

31.3%

3 Yr Avg Return

9.5%

5 Yr Avg Return

10.7%

Net Assets

$622 M

Holdings in Top 10

17.9%

52 WEEK LOW AND HIGH

$32.7
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.62%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 126.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$5,000,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 09/30/2024

Price

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

$32.82

$622 M

1.27%

$0.41

0.62%

MLVKX - Profile

Distributions

  • YTD Total Return 18.1%
  • 3 Yr Annualized Total Return 9.5%
  • 5 Yr Annualized Total Return 10.7%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.62%
DIVIDENDS
  • Dividend Yield 1.3%
  • Dividend Distribution Frequency SemiAnnual

Fund Details

  • Legal Name
    BlackRock Advantage Large Cap Value Fund
  • Fund Family Name
    BlackRock-Advised Funds
  • Inception Date
    Jan 26, 2018
  • Shares Outstanding
    N/A
  • Share Class
    K
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Travis Cooke

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 of U.S. issuers 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 Fund primarily intends to invest in equity securities, which include common stock and preferred stock, or other financial instruments that are components of, or have characteristics similar to, the securities included in 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. The Fund primarily seeks to buy common stock and may also invest in preferred stock. From time to time, the Fund may invest in shares of companies through “new issues” or initial public offerings (“IPOs”). The Fund may also purchase convertible securities. The Fund may use derivatives, including options, futures, swaps (including, but not limited to, total return swaps, some of which may be referred to as contracts for difference) and forward contracts, both to seek to increase the return of the Fund and to hedge (or protect) the value of its assets against adverse movements in currency exchange rates, interest rates and movements in the securities markets. In order to manage cash flows into or out of the Fund effectively, the Fund may buy and sell financial futures contracts or options on such contracts. Derivatives are financial instruments whose value is derived from another security, a currency or an index, including but not limited to the Russell 1000 Value Index. The use of options, futures, swaps and forward contracts can be effective in protecting or enhancing the value of the Fund’s assets.
The Fund may seek to provide exposure to the investment returns of real assets that trade in the commodity markets through investment in commodity-linked derivative instruments and investment vehicles such as exchange-traded funds that invest exclusively in commodities and are designed to provide this exposure without direct investment in physical commodities.
The Fund seeks to pursue its investment objective by investing in large cap securities in a disciplined manner, by using proprietary return forecast models that incorporate quantitative analysis. These forecast models are designed to identify aspects of mispricing across stocks which the Fund can seek to capture by over- and under-weighting particular equities while seeking to control incremental risk. BlackRock then constructs and rebalances the portfolio by integrating its investment insights with the model-based optimization process.
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MLVKX - Performance

Return Ranking - Trailing

Period MLVKX Return Category Return Low Category Return High Rank in Category (%)
YTD 18.1% 0.6% 34.6% 19.56%
1 Yr 31.3% 4.9% 57.7% 17.81%
3 Yr 9.5%* -1.4% 33.5% 41.45%
5 Yr 10.7%* -0.6% 45.6% 69.34%
10 Yr N/A* 1.5% 25.2% 33.20%

* Annualized

Return Ranking - Calendar

Period MLVKX Return Category Return Low Category Return High Rank in Category (%)
2023 10.4% -16.9% 46.1% 25.55%
2022 -14.0% -64.7% 4.6% 69.82%
2021 7.0% -44.2% 57.5% 85.56%
2020 2.0% -23.2% 285.0% 27.72%
2019 19.9% -21.4% 48.5% 43.25%

Total Return Ranking - Trailing

Period MLVKX Return Category Return Low Category Return High Rank in Category (%)
YTD 18.1% 0.6% 34.6% 19.56%
1 Yr 31.3% 4.9% 57.7% 17.81%
3 Yr 9.5%* -1.4% 33.5% 41.45%
5 Yr 10.7%* -0.6% 45.6% 69.34%
10 Yr N/A* 1.5% 25.2% 31.21%

* Annualized

Total Return Ranking - Calendar

Period MLVKX Return Category Return Low Category Return High Rank in Category (%)
2023 13.8% -15.9% 46.7% 29.21%
2022 -8.9% -42.0% 8.5% 78.27%
2021 18.2% 3.6% 129.7% 95.60%
2020 3.9% -22.6% 304.8% 40.35%
2019 24.8% -12.7% 52.1% 60.38%

NAV & Total Return History


MLVKX - Holdings

Concentration Analysis

MLVKX Category Low Category High MLVKX % Rank
Net Assets 622 M 1.94 M 163 B 57.44%
Number of Holdings 204 2 1733 8.95%
Net Assets in Top 10 111 M 433 K 37.8 B 66.21%
Weighting of Top 10 17.89% 4.4% 99.1% 94.05%

Top 10 Holdings

  1. Berkshire Hathaway Inc 3.05%
  2. JPMorgan Chase Co 2.64%
  3. Comcast Corp 1.96%
  4. Medtronic PLC 1.69%
  5. Exxon Mobil Corp 1.67%
  6. Gilead Sciences Inc 1.56%
  7. Progressive Corp/The 1.37%
  8. QUALCOMM Inc 1.34%
  9. Pfizer Inc 1.32%
  10. Chevron Corp 1.29%

Asset Allocation

Weighting Return Low Return High MLVKX % Rank
Stocks
98.93% 7.19% 103.40% 39.82%
Cash
1.68% 0.00% 36.15% 41.00%
Other
0.03% -2.19% 36.68% 21.55%
Preferred Stocks
0.00% 0.00% 15.27% 18.36%
Convertible Bonds
0.00% 0.00% 3.66% 13.76%
Bonds
0.00% 0.00% 78.06% 18.17%

Stock Sector Breakdown

Weighting Return Low Return High MLVKX % Rank
Financial Services
21.58% 0.00% 58.05% 26.54%
Healthcare
18.95% 0.00% 30.08% 30.78%
Industrials
11.41% 0.00% 42.76% 50.51%
Technology
8.89% 0.00% 54.02% 69.03%
Consumer Defense
8.43% 0.00% 34.10% 50.23%
Energy
7.74% 0.00% 54.00% 50.88%
Communication Services
6.16% 0.00% 26.58% 41.20%
Real Estate
5.44% 0.00% 90.54% 14.10%
Utilities
4.91% 0.00% 27.04% 45.44%
Basic Materials
3.26% 0.00% 21.69% 51.52%
Consumer Cyclical
3.22% 0.00% 22.74% 88.20%

Stock Geographic Breakdown

Weighting Return Low Return High MLVKX % Rank
US
98.93% 7.19% 103.40% 31.78%
Non US
0.00% 0.00% 24.72% 39.63%

MLVKX - Expenses

Operational Fees

MLVKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.62% 0.03% 14.82% 80.02%
Management Fee 0.49% 0.00% 1.50% 30.49%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.06% 0.00% 0.50% 25.08%

Sales Fees

MLVKX 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

MLVKX 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.

MLVKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 126.00% 0.00% 488.00% 93.08%

MLVKX - Distributions

Dividend Yield Analysis

MLVKX Category Low Category High MLVKX % Rank
Dividend Yield 1.27% 0.00% 16.67% 48.63%

Dividend Distribution Analysis

MLVKX Category Low Category High Category Mod
Dividend Distribution Frequency SemiAnnual Annual Quarterly Quarterly

Net Income Ratio Analysis

MLVKX Category Low Category High MLVKX % Rank
Net Income Ratio 1.62% -1.51% 4.28% 34.77%

Capital Gain Distribution Analysis

MLVKX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

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MLVKX - Fund Manager Analysis

Managers

Travis Cooke


Start Date

Tenure

Tenure Rank

Jun 12, 2017

4.97

5.0%

Travis Cooke, CFA, Managing Director, is Head of the US portfolio management group within BlackRock's Scientific Active Equity (SAE) team. He is responsible for the management of the US long-only, partial long-short, and long-short equity strategies within SAE.

Richard Mathieson


Start Date

Tenure

Tenure Rank

Jun 12, 2017

4.97

5.0%

Richard Mathieson, CA, Managing Director of BlackRock, Inc. since 2011; Director of BlackRock, Inc. from 2009 to 2011; Principal at Barclays Global Investors from 2008 to 2009; Equity Analyst for Exista UK from 2007 to 2008; Principal at Barclays Global Investors from 2005 to 2007; Associate of Barclays Global Investors from 2001 to 2005. Mr. Mathieson is a member of the Systematic Active Equity division within BlackRock's Active Equities Group. He is a Portfolio Manager responsible for global equity strategies. Prior to this he led the Investment Strategy team in EMEA for Scientific Active Equity. Mr. Mathieson's service with the firm dates back to 2002, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. Prior to rejoining BGI in 2008, Mr. Mathieson was an equity analyst for a specialist investment company focused on European financial stocks. Previously he was with BGI as a senior portfolio manager, where he was responsible for managing both long only and market neutral strategies. Prior to joining the BlackRock, Inc. in 1999, Robert was a mortgage banking specialist at Ohio Savings Bank. Mr. Mathieson qualified as a Chartered Accountant with PricewaterhouseCoopers in 2000, and holds a Bachelor of Accountancy from the University of Glasgow

Raffaele Savi


Start Date

Tenure

Tenure Rank

Jun 12, 2017

4.97

5.0%

Raffaele Savi, Managing Director, is Co-CIO of Active Equity and Co-Head of Systematic Active Equity (SAE). He is responsible for BlackRock's North American, European, and Developed Market Equity Strategies. He is a member of the Global Operating and Human Capital Committees. Prior to moving to his current role in 2010, Mr. Savi was the investment lead for the US Equity team within the Scientific Active Equity group. Mr. Savi's service with the firm dates back to 2006, including his years with Barclay's Global Investors (BGI), which merged with BlackRock in 2009.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.05 86.59 8.08 6.71