Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

BlackRock 80/20 Target Allocation Fund Class Institutional (BIAPX)

12.69
Net Asset Value
+0.32%
1 Day
+14.02%
Year-to-Date
Overall Morningstar Rating
Allocation--70% to 85% equity
Style or Category
No Load
Sales Expenses
0.79%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks long term capital appreciation. The fund- which is a fund of funds- normally obtains exposure to equity securities in an amount equal to 80% of its assets and exposure to fixed-income securities in an amount equal to 20% of its assets. Under normal circumstances- the advisor intends to invest primarily in affiliated open-end funds and affiliated ETFs. The fund may- when consistent with its investment objective- buy or sell options or futures- or enter into total return swaps and foreign currency transactions (collectively- commonly known as derivatives). It is non-diversified.

Performance

1 month+2.17% 3 years+9.12%
3 months+3.76% 5 years+11.21%
1 year+17.29% Since inception+6.23%
Data through --

Peer Comparisonvs. Allocation--70% to 85% equity

 BIAPXCategory
Performance 5-yr return+11.21%+8.87%
Expense ratio0.79%1.25%
Risk 5 year sharpe ratio1.181.07
Net assets$294.1M$2.2B
Average market cap$33.2B$43.4B
Average P/E19.520.2
Portfolio turnover81%81%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyBlackRock
Fund manager & tenureMichael Gates / 2 Years
Minimal initial investment$2,000,000.00
Minimum IRA investment--

Holdings

U.S. stock57.76%
International stock25.96%
Fixed income16.94%
Other0.13%
Cash0.00%
Top 5 Sectors
Portfolio weighting
Industrial materials 13.92%
Financial service 13.34%
Energy 13.15%
Hardware 10.12%
Healthcare 10.12%
Top 10 Holdings
Portfolio weighting
ITOT iShares Core S&P Total U.S. Stock Market ETF24.98%
-- 14.18%
IVV iShares Core S&P 500 ETF13.04%
IJH iShares Core S&P Mid-Cap ETF10.86%
MKLOX BlackRock Global Allocation Fund, Inc. Class K5.95%
BEEIX BlackRock Total Emerging Markets Fund Institutional5.10%
BKBDX BlackRock Global Dividend Portfolio Class K4.87%
-- 4.85%
IEMG iShares Core MSCI Emerging Markets ETF4.16%
MBVKX BlackRock Basic Value Fund Class K3.99%