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BlackRock Advantage Large Cap Value Fund
mutual fund
MLVKX
Payout Change
Pending
Price as of:
$31.31
-0.18
-0.57%
primary theme
U.S. Large-Cap Value Equity
share class
MLVKX (Mutual Fund)
BlackRock Advantage Large Cap Value Fund
Payout Change
Pending
Price as of:
$31.31
-0.18
-0.57%
primary theme
U.S. Large-Cap Value Equity
share class
MLVKX (Mutual Fund)
BlackRock Advantage Large Cap Value Fund
Payout Change
Pending
Price as of:
$31.31
-0.18
-0.57%
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
12.7%
1 yr return
14.6%
3 Yr Avg Return
6.2%
5 Yr Avg Return
7.8%
Net Assets
$652 M
Holdings in Top 10
18.1%
52 WEEK LOW AND HIGH
$31.5
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 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
MLVKX - Profile
Distributions
- YTD Total Return 12.7%
- 3 Yr Annualized Total Return 6.2%
- 5 Yr Annualized Total Return 7.8%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.62%
- Dividend Yield 1.2%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameBlackRock Advantage Large Cap Value Fund
-
Fund Family NameBlackRock-Advised Funds
-
Inception DateJan 26, 2018
-
Shares OutstandingN/A
-
Share ClassK
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerTravis 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.
MLVKX - Performance
Return Ranking - Trailing
| Period | MLVKX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 12.7% | -12.3% | 48.1% | 82.30% |
| 1 Yr | 14.6% | -7.1% | 60.7% | 83.24% |
| 3 Yr | 6.2%* | -4.2% | 31.7% | 77.02% |
| 5 Yr | 7.8%* | 0.1% | 45.6% | 86.13% |
| 10 Yr | N/A* | 1.8% | 25.4% | 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% | 25.77% |
| 2022 | -14.0% | -64.7% | 4.6% | 69.99% |
| 2021 | 7.0% | -44.2% | 57.5% | 85.42% |
| 2020 | 2.0% | -23.2% | 285.0% | 27.88% |
| 2019 | 19.9% | -21.4% | 48.5% | 42.67% |
Total Return Ranking - Trailing
| Period | MLVKX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 12.7% | -12.3% | 48.1% | 82.30% |
| 1 Yr | 14.6% | -7.1% | 60.7% | 83.24% |
| 3 Yr | 6.2%* | -4.2% | 31.7% | 77.02% |
| 5 Yr | 7.8%* | 0.1% | 45.6% | 86.13% |
| 10 Yr | N/A* | 1.8% | 25.4% | 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% | 28.96% |
| 2022 | -8.9% | -42.0% | 8.5% | 77.97% |
| 2021 | 18.2% | 3.6% | 129.7% | 95.50% |
| 2020 | 3.9% | -22.6% | 304.8% | 40.42% |
| 2019 | 24.8% | -12.7% | 52.1% | 60.43% |
NAV & Total Return History
MLVKX - Holdings
Concentration Analysis
| MLVKX | Category Low | Category High | MLVKX % Rank | |
|---|---|---|---|---|
| Net Assets | 652 M | 126 K | 163 B | 56.26% |
| Number of Holdings | 185 | 2 | 1727 | 14.58% |
| Net Assets in Top 10 | 118 M | 466 K | 39.5 B | 66.07% |
| Weighting of Top 10 | 18.14% | 4.4% | 99.1% | 93.26% |
Top 10 Holdings
- Berkshire Hathaway Inc 3.30%
- JPMorgan Chase Co 2.50%
- Comcast Corp 1.73%
- Medtronic PLC 1.64%
- Gilead Sciences Inc 1.61%
- Exxon Mobil Corp 1.58%
- Lockheed Martin Corp 1.51%
- Walmart Inc 1.48%
- Eaton Corp PLC 1.48%
- Pfizer Inc 1.30%
Asset Allocation
| Weighting | Return Low | Return High | MLVKX % Rank | |
|---|---|---|---|---|
| Stocks | 99.00% | 4.16% | 102.49% | 35.61% |
| Cash | 1.49% | 0.00% | 17.28% | 49.91% |
| Other | 0.04% | -2.59% | 39.89% | 20.56% |
| Preferred Stocks | 0.00% | 0.00% | 13.68% | 21.78% |
| Convertible Bonds | 0.00% | 0.00% | 3.66% | 17.09% |
| Bonds | 0.00% | 0.00% | 97.99% | 21.40% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | MLVKX % Rank | |
|---|---|---|---|---|
| Financial Services | 21.58% | 0.00% | 58.05% | 27.26% |
| Healthcare | 18.95% | 0.00% | 30.08% | 31.60% |
| Industrials | 11.41% | 0.00% | 42.76% | 50.38% |
| Technology | 8.89% | 0.00% | 54.02% | 68.87% |
| Consumer Defense | 8.43% | 0.00% | 34.10% | 50.19% |
| Energy | 7.74% | 0.00% | 54.00% | 51.23% |
| Communication Services | 6.16% | 0.00% | 26.58% | 41.60% |
| Real Estate | 5.44% | 0.00% | 90.54% | 13.87% |
| Utilities | 4.91% | 0.00% | 27.04% | 44.81% |
| Basic Materials | 3.26% | 0.00% | 21.69% | 51.60% |
| Consumer Cyclical | 3.22% | 0.00% | 22.74% | 88.11% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | MLVKX % Rank | |
|---|---|---|---|---|
| US | 99.00% | 4.16% | 102.49% | 28.97% |
| Non US | 0.00% | 0.00% | 24.08% | 42.15% |
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% | 79.36% |
| Management Fee | 0.49% | 0.00% | 1.50% | 31.87% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.06% | 0.00% | 0.50% | 25.50% |
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% | 93.99% |
MLVKX - Distributions
Dividend Yield Analysis
| MLVKX | Category Low | Category High | MLVKX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.23% | 0.00% | 16.67% | 48.74% |
Dividend Distribution Analysis
| MLVKX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | SemiAnnual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| MLVKX | Category Low | Category High | MLVKX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.62% | -1.51% | 4.28% | 34.55% |
Capital Gain Distribution Analysis
| MLVKX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Jul 18, 2024 | $0.207 | OrdinaryDividend |
| Jul 18, 2024 | $1.687 | CapitalGainShortTerm |
| Jul 18, 2024 | $0.524 | CapitalGainLongTerm |
| Dec 07, 2023 | $0.325 | OrdinaryDividend |
| Dec 07, 2023 | $0.355 | CapitalGainLongTerm |
| Jul 20, 2023 | $0.184 | OrdinaryDividend |
| Nov 30, 2022 | $0.286 | OrdinaryDividend |
| Jul 14, 2022 | $1.343 | OrdinaryDividend |
| Nov 26, 2021 | $2.929 | OrdinaryDividend |
| Jul 15, 2021 | $0.223 | OrdinaryDividend |
| Nov 24, 2020 | $0.249 | OrdinaryDividend |
| Jul 16, 2020 | $0.259 | OrdinaryDividend |
| Nov 26, 2019 | $0.000 | CapitalGainShortTerm |
| Nov 26, 2019 | $0.548 | CapitalGainLongTerm |
| Nov 26, 2019 | $0.598 | OrdinaryDividend |
| Nov 27, 2018 | $1.451 | CapitalGainShortTerm |
| Nov 27, 2018 | $1.082 | CapitalGainLongTerm |
| Nov 23, 2018 | $0.602 | OrdinaryDividend |
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 | 8.12 | 6.71 |
