Morningstar

BlackRock Mid-Cap Growth Equity Instl CMGIX

Morningstar Medalist Rating
Medalist Rating as of | See BlackRock Investment Hub
  • NAV / 1-Day Return 41.11  /  −0.29 %
  • Total Assets 11.0 Bil
  • Adj. Expense Ratio
    0.800%
  • Expense Ratio 0.800%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Mid-Cap Growth
  • Investment Style Mid Growth
  • Min. Initial Investment 2.0 Mil
  • Status Open
  • TTM Yield 0.00
  • Turnover 48%

USD | NAV as of Sep 26, 2024 | 1-Day Return as of Sep 26, 2024, 12:43 AM GMT+0

Morningstar’s Analysis CMGIX

Will CMGIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CMGIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the CMGIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of CMGIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Loss of experienced team members leads to downgrade.

Analyst Drew Carter

Drew Carter

Analyst

Summary

Significant turnover has left the team on BlackRock Mid-Cap Growth light on experience, resulting in a People Pillar downgrade to Average from Above Average. However, the robust process remains intact, leaving this strategy as a decent option for mid-growth investors.

by Drew Carter
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings CMGIX

More CMGIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 31.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Monolithic Power Systems Inc

4.22 467.7 Mil
Technology

Axon Enterprise Inc

3.49 386.9 Mil
Industrials

Vertiv Holdings Co Class A

3.36 372.3 Mil
Industrials

Ares Management Corp Ordinary Shares - Class A

3.25 360.2 Mil
Financial Services

Heico Corp

3.14 348.0 Mil
Industrials

Entegris Inc

3.11 344.0 Mil
Technology

IDEXX Laboratories Inc

2.84 314.2 Mil
Healthcare

CoStar Group Inc

2.69 297.5 Mil
Real Estate

Pinterest Inc Class A

2.59 287.2 Mil
Communication Services

Tradeweb Markets Inc

2.54 281.8 Mil
Financial Services

Sponsor Center