Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
BLACKROCK ADVANTAGE GLOBAL FUND, INC.
mutual fund
MRGSX
Payout Change
Pending
Price as of:
$21.75
+0.16
+0.74%
primary theme
N/A
share class
MRGSX (Mutual Fund)
BLACKROCK ADVANTAGE GLOBAL FUND, INC.
Payout Change
Pending
Price as of:
$21.75
+0.16
+0.74%
primary theme
N/A
share class
MRGSX (Mutual Fund)
BLACKROCK ADVANTAGE GLOBAL FUND, INC.
Payout Change
Pending
Price as of:
$21.75
+0.16
+0.74%
primary theme
N/A
share class
Name
As of 12/11/2024Price
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
5.5%
1 yr return
8.7%
3 Yr Avg Return
2.2%
5 Yr Avg Return
7.2%
Net Assets
$392 M
Holdings in Top 10
28.4%
52 WEEK LOW AND HIGH
$21.6
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.60%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 311.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$100
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/11/2024Price
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
MRGSX - Profile
Distributions
- YTD Total Return 5.5%
- 3 Yr Annualized Total Return 2.2%
- 5 Yr Annualized Total Return 7.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.45%
- Dividend Yield 1.3%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameBLACKROCK ADVANTAGE GLOBAL FUND, INC.
-
Fund Family NameBlackRock-advised Funds
-
Inception DateFeb 04, 2003
-
Shares OutstandingN/A
-
Share ClassR
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerKevin Franklin
Fund Description
The Fund primarily intends to invest in equity securities or other financial instruments that are components of, or have characteristics similar to, the securities included in the MSCI All Country World Index (the “MSCI ACWI Index”). The MSCI ACWI Index is a capitalization-weighted index of equity securities from a broad range of industries chosen for market size, liquidity and industry group representation. The equity securities in which the Fund invests primarily consist of common stock, but may also include 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 invest in issuers of any capitalization. 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 MSCI ACWI Index.
The Fund will invest in securities of issuers from a variety of countries, including those in emerging markets. The Fund may also invest in equity securities issued by emerging growth companies, which are companies of any market capitalization without a long or consistent history of earnings but that Fund management believes have the potential for earnings growth over an extended period of time.
Under normal circumstances, the Fund anticipates it will allocate a substantial amount (approximately 40% or more — unless market conditions are not deemed favorable by Fund management, in which case the Fund would invest at least 30%) of its total assets in foreign securities, which may include securities (i) of foreign government issuers, (ii) of issuers organized or located outside the United States, (iii) of issuers which primarily trade in a market located outside the United States, or (iv) of issuers doing a substantial amount of business outside the United States, which the Fund considers to be companies that derive at least 50% of their revenue or profits from business outside the United States or have at least 50% of their sales or assets outside the United States. The Fund will allocate its assets among various regions and countries, including the United States (but in no fewer than three different countries).
The Fund seeks to pursue its investment objective by investing in 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 equity securities while seeking to control incremental risk. BlackRock then constructs and rebalances the portfolio by integrating its investment insights with the model-based optimization process.
MRGSX - Performance
Return Ranking - Trailing
| Period | MRGSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 5.5% | -35.6% | 29.2% | 39.37% |
| 1 Yr | 8.7% | 17.3% | 252.4% | 44.66% |
| 3 Yr | 2.2%* | -3.5% | 34.6% | 63.50% |
| 5 Yr | 7.2%* | 0.1% | 32.7% | 48.99% |
| 10 Yr | 7.0%* | -6.9% | 18.3% | 68.65% |
* Annualized
Return Ranking - Calendar
| Period | MRGSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 20.2% | -24.3% | 957.1% | 55.67% |
| 2022 | -19.5% | -38.3% | 47.1% | 39.44% |
| 2021 | -1.8% | -54.2% | 0.6% | 53.43% |
| 2020 | 10.8% | -76.0% | 54.1% | 99.27% |
| 2019 | 23.2% | -26.1% | 47.8% | 10.05% |
Total Return Ranking - Trailing
| Period | MRGSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 5.5% | -35.6% | 29.2% | 40.49% |
| 1 Yr | 8.7% | 11.4% | 252.4% | 40.57% |
| 3 Yr | 2.2%* | -3.5% | 34.6% | 61.56% |
| 5 Yr | 7.2%* | 0.1% | 32.7% | 47.11% |
| 10 Yr | 7.0%* | -6.9% | 18.3% | 67.35% |
* Annualized
Total Return Ranking - Calendar
| Period | MRGSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 22.1% | -24.3% | 957.1% | 55.67% |
| 2022 | -18.1% | -33.1% | 47.1% | 39.82% |
| 2021 | 17.4% | -44.4% | 1.8% | 47.11% |
| 2020 | 12.0% | -6.5% | 54.1% | 44.80% |
| 2019 | 25.2% | -14.4% | 47.8% | 17.70% |
NAV & Total Return History
MRGSX - Holdings
Concentration Analysis
| MRGSX | Category Low | Category High | MRGSX % Rank | |
|---|---|---|---|---|
| Net Assets | 392 M | 199 K | 133 B | 52.30% |
| Number of Holdings | 215 | 1 | 9075 | 2.86% |
| Net Assets in Top 10 | 111 M | -18 M | 37.6 B | 61.12% |
| Weighting of Top 10 | 28.45% | 9.1% | 100.0% | 91.88% |
Top 10 Holdings
- Apple Inc 5.78%
- Microsoft Corp 5.24%
- NVIDIA Corp 4.55%
- Amazon.com Inc 2.40%
- Walmart Inc 1.92%
- Bank of America Corp 1.83%
- BlackRock Liquidity Funds: T-Fund, Institutional Shares 1.75%
- Johnson Johnson 1.72%
- Lockheed Martin Corp 1.67%
- Novartis AG 1.59%
Asset Allocation
| Weighting | Return Low | Return High | MRGSX % Rank | |
|---|---|---|---|---|
| Stocks | 97.65% | 61.84% | 125.47% | 69.38% |
| Cash | 2.02% | -174.70% | 23.12% | 24.01% |
| Preferred Stocks | 0.29% | -0.01% | 5.28% | 87.44% |
| Other | 0.04% | -13.98% | 19.14% | 25.66% |
| Convertible Bonds | 0.00% | 0.00% | 4.46% | 86.67% |
| Bonds | 0.00% | -1.50% | 161.67% | 87.22% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | MRGSX % Rank | |
|---|---|---|---|---|
| Technology | 22.95% | 0.00% | 49.87% | 68.17% |
| Financial Services | 15.25% | 0.00% | 38.42% | 25.00% |
| Healthcare | 13.36% | 0.00% | 35.42% | 82.49% |
| Industrials | 12.75% | 0.00% | 44.06% | 52.64% |
| Consumer Cyclical | 7.64% | 0.00% | 40.94% | 27.31% |
| Communication Services | 7.49% | 0.00% | 57.66% | 26.32% |
| Energy | 5.93% | 0.00% | 21.15% | 21.59% |
| Consumer Defense | 5.78% | 0.00% | 73.28% | 43.83% |
| Basic Materials | 5.14% | 0.00% | 38.60% | 55.40% |
| Real Estate | 2.20% | 0.00% | 39.48% | 38.77% |
| Utilities | 1.52% | 0.00% | 29.12% | 58.81% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | MRGSX % Rank | |
|---|---|---|---|---|
| US | 66.94% | 0.13% | 103.82% | 38.00% |
| Non US | 30.71% | 0.58% | 99.46% | 63.99% |
MRGSX - Expenses
Operational Fees
| MRGSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.60% | 0.01% | 44.27% | 25.20% |
| Management Fee | 0.66% | 0.00% | 1.82% | 87.09% |
| 12b-1 Fee | 0.50% | 0.00% | 1.00% | 70.07% |
| Administrative Fee | N/A | 0.01% | 0.76% | N/A |
Sales Fees
| MRGSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| MRGSX 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.
| MRGSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 311.00% | 0.00% | 395.00% | 98.85% |
MRGSX - Distributions
Dividend Yield Analysis
| MRGSX | Category Low | Category High | MRGSX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.25% | 0.00% | 3.26% | 87.09% |
Dividend Distribution Analysis
| MRGSX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annually | Annually | Annually |
Net Income Ratio Analysis
| MRGSX | Category Low | Category High | MRGSX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.45% | -4.27% | 12.65% | 41.59% |
Capital Gain Distribution Analysis
| MRGSX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 08, 2023 | $0.317 | OrdinaryDividend |
| Dec 07, 2022 | $0.237 | OrdinaryDividend |
| Aug 17, 2022 | $0.058 | OrdinaryDividend |
| Dec 07, 2021 | $0.714 | OrdinaryDividend |
| Aug 11, 2021 | $3.312 | OrdinaryDividend |
| Aug 11, 2021 | $0.017 | OrdinaryDividend |
| Nov 24, 2020 | $0.219 | OrdinaryDividend |
| Nov 26, 2019 | $0.308 | OrdinaryDividend |
| Nov 27, 2018 | $0.347 | CapitalGainShortTerm |
| Nov 27, 2018 | $0.097 | CapitalGainLongTerm |
| Nov 27, 2018 | $0.225 | OrdinaryDividend |
| Dec 04, 2017 | $0.997 | CapitalGainShortTerm |
| Dec 04, 2017 | $5.946 | CapitalGainLongTerm |
| Dec 04, 2017 | $0.171 | OrdinaryDividend |
| Dec 13, 2016 | $0.044 | OrdinaryDividend |
| Dec 15, 2015 | $1.101 | CapitalGainLongTerm |
| Dec 17, 2014 | $1.086 | CapitalGainShortTerm |
| Dec 17, 2014 | $2.750 | CapitalGainLongTerm |
| Dec 17, 2014 | $0.004 | OrdinaryDividend |
| Dec 11, 2013 | $0.560 | CapitalGainShortTerm |
| Dec 11, 2013 | $2.502 | CapitalGainLongTerm |
| Dec 11, 2013 | $0.141 | OrdinaryDividend |
| Dec 13, 2012 | $0.517 | OrdinaryDividend |
| Dec 12, 2011 | $0.116 | OrdinaryDividend |
| Dec 14, 2010 | $0.048 | OrdinaryDividend |
| Sep 18, 2008 | $0.035 | CapitalGainShortTerm |
| Sep 18, 2008 | $1.693 | CapitalGainLongTerm |
| Dec 12, 2007 | $0.510 | CapitalGainShortTerm |
| Dec 12, 2007 | $0.907 | CapitalGainLongTerm |
| Sep 18, 2007 | $0.198 | OrdinaryDividend |
| Sep 18, 2007 | $1.163 | CapitalGainShortTerm |
| Sep 18, 2007 | $1.637 | CapitalGainLongTerm |
| Dec 13, 2006 | $0.456 | CapitalGainLongTerm |
MRGSX - Fund Manager Analysis
Managers
Kevin Franklin
Start Date
Tenure
Tenure Rank
Oct 26, 2017
4.6
4.6%
Kevin Franklin, Managing Director, is a member of BlackRock's Systematic Active Equity Investment Group. He is responsible for BlackRock's Global Equity Strategies. Mr. Franklin rejoined the firm in 2010, building on five prior years of service with Barclays Global Investors (BGI), which merged with BlackRock in 2009. He joined BlackRock after a year as head of Automated Trading at Marble Bar Asset Management in London, where he was responsible for MBAM's European systematic equity long-short product. At BGI, his previous roles include head of Portfolio Management for The 32 Capital Fund equity long-short strategy, as well as head of Market Neutral, Europe Active Equities. Prior to joining BGI, Mr. Franklin was a portfolio manager and trader at Horizon Asset Limited. Mr. Franklin earned a BS degree in applied physics and history from the California Institute of Technology in 2000.
Richard Mathieson
Start Date
Tenure
Tenure Rank
Oct 26, 2017
4.6
4.6%
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
Oct 26, 2017
4.6
4.6%
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 |
|---|---|---|---|
| 0.01 | 35.82 | 6.24 | 1.25 |
