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

13.20
Net Asset Value
+0.53%
1 Day
+4.10%
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).

Performance

1 month+3.59% 3 years+9.47%
3 months+6.94% 5 years+11.57%
1 year+19.92% Since inception+6.54%
Data through --

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

 BIAPXCategory
Performance 5-yr return+11.57%+9.22%
Expense ratio0.79%1.26%
Risk 5 year sharpe ratio1.281.10
Net assets$308.2M$2.4B
Average market cap$31.8B$44.5B
Average P/E20.120.8
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. stock55.81%
International stock23.80%
Fixed income20.40%
Other0.31%
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 ETF25.35%
IVV iShares Core S&P 500 ETF12.15%
-- 11.86%
IJH iShares Core S&P Mid-Cap ETF11.20%
MKLOX BlackRock Global Allocation Fund, Inc. Class K5.90%
BEEIX BlackRock Total Emerging Markets Fund Institutional4.90%
-- 4.85%
LRGF iShares Edge MSCI Multifactor USA ETF4.08%
IEMG iShares Core MSCI Emerging Markets ETF4.00%
-- 3.93%