The BlackRock Event Driven strategy, which includes a US mutual fund and its UCITs sibling, features a robust approach to evaluating corporate transactions driven by an experienced team steeped in event-driven investing. It’s a strong option in the space, though the fee on its costliest shares dulls its appeal.
BlackRock Event Driven Equity Inv A BALPX
- NAV / 1-Day Return 9.56 / 0.00
- Total Assets 5.3 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.510%
- Distribution Fee Level Below Average
- Share Class Type Front Load
- Category Event Driven
- Alt Style Correlation / Relative Volatility High/Low
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 1.94%
- Turnover 33%
USD | NAV as of May 10, 2024 | 1-Day Return as of May 10, 2024, 12:10 AM GMT+0
Morningstar’s Analysis BALPX
Will BALPX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 4.6
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
BlackRock Liquidity T-Fund Instl | 61.37 | 3.4 Bil | Cash and Equivalents |
Pioneer Natural Resources Co | 6.20 | 342.7 Mil | Energy |
Hess Corp | 3.79 | 209.6 Mil | Energy |
iShares iBoxx $ High Yield Corp Bd ETF | 3.67 | 202.8 Mil | — |
Howmet Aerospace Inc | 3.63 | 200.9 Mil | Industrials |
SPDR® Blmbg High Yield Bd ETF | 2.89 | 160.0 Mil | — |
United States Steel Corp | 2.33 | 128.6 Mil | Basic Materials |
Catalent Inc | 1.93 | 107.0 Mil | Healthcare |
Albertsons Companies Inc Class A | 1.55 | 85.6 Mil | Consumer Defensive |
Danaher Corp | 1.36 | 75.1 Mil | Healthcare |