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

12.69
Net Asset Value
+0.63%
1 Day
+0.08%
Year-to-Date
Overall Morningstar Rating
Allocation--70% to 85% equity
Style or Category
No Load
Sales Expenses
0.55%
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).

Performance

1 month+1.94% 3 years+5.23%
3 months-5.12% 5 years+9.52%
1 year+10.10% Since inception+6.35%
Data through --

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

 BIAPXCategory
Performance 5-yr return+9.52%+7.74%
Expense ratio0.55%1.25%
Risk 5 year sharpe ratio1.050.89
Net assets$334.4M$2.2B
Average market cap$24.2B$45.9B
Average P/E17.418.4
Portfolio turnover59%59%

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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. stock51.93%
Fixed income26.25%
International stock23.31%
Other0.33%
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 ETF22.94%
LRGF iShares Edge MSCI Multifactor USA ETF12.83%
IJH iShares Core S&P Mid-Cap ETF12.82%
IEFA iShares Core MSCI EAFE ETF10.11%
-- 6.15%
MKLOX BlackRock Global Allocation Fund, Inc. Class K6.00%
BLSKX Blackrock Advantage Emerging Markets Fund Class K5.96%
IEMG iShares Core MSCI Emerging Markets ETF4.18%
BSIKX BlackRock Strategic Income Opportunities Portfolio Class K4.08%
-- 3.86%