The fund will invest at least 80% of its net assets plus the amount of any borrowings for investment purposes in equity securities and equity-related instruments, including equity-linked notes. It may invest in securities of companies with any market capitalization, but will generally focus on large cap securities. The fund may invest up to 50% of its assets in equity-linked notes that provide exposure to equity securities and covered call options or other types of financial instruments. The fund may invest in securities from any country, including emerging markets.
| Period | BRMBX Return | Category Return Low | Category Return High | Rank in Category (%) | Quintile |
|---|---|---|---|---|---|
| YTD | 0.0% | -98.2% | 41.1% | 86.90% | 5 |
| 1 Yr | 17.0% | -20.6% | 61.0% | 76.83% | 4 |
| 3 Yr | 6.5% * | -5.9% | 28.7% | 88.13% | 5 |
| 5 Yr | 13.2% * | 1.3% | 20.0% | 37.95% | 2 |
| 10 Yr | 6.9% * | 2.0% | 18.5% | 88.22% | 5 |
* Annualized
| Period | BRMBX Return | Category Return Low | Category Return High | Rank in Category (%) | Quintile |
|---|---|---|---|---|---|
| 2017 | -38.9% | -70.5% | 158.6% | 96.74% | 5 |
| 2016 | -1.5% | -61.7% | 27.9% | 63.56% | 4 |
| 2015 | -12.4% | -82.5% | 31.3% | 74.15% | 4 |
| 2014 | -6.6% | -29.3% | 35.0% | 65.04% | 4 |
| 2013 | 7.8% | -27.0% | 200.0% | 92.17% | 5 |
| Period | BRMBX Return | Category Return Low | Category Return High | Rank in Category (%) | Quintile |
|---|---|---|---|---|---|
| YTD | 0.0% | -100.0% | 41.1% | 87.27% | 5 |
| 1 Yr | 14.3% | -35.2% | 876.4% | 77.93% | 4 |
| 3 Yr | 6.0% * | -3.8% | 25.1% | 89.52% | 5 |
| 5 Yr | 13.1% * | 0.9% | 20.0% | 37.13% | 2 |
| 10 Yr | 6.9% * | 2.0% | 18.5% | 88.22% | 5 |
* Annualized
| Period | BRMBX Return | Category Return Low | Category Return High | Rank in Category (%) | Quintile |
|---|---|---|---|---|---|
| 2017 | -38.9% | -98.2% | 158.6% | 97.04% | 5 |
| 2016 | -1.5% | -61.7% | 27.9% | 69.94% | 4 |
| 2015 | -12.4% | -43.1% | 62.9% | 94.46% | 5 |
| 2014 | 13.1% | -23.5% | 561.9% | 23.40% | 2 |
| 2013 | 70.5% | -22.5% | 382.6% | 14.31% | 1 |
| BRMBX | Category Low | Category High | BRMBX % Rank | Quintile | |
|---|---|---|---|---|---|
| Net Assets | 819 M | 281 K | 31.9 B | 16.49% | 3 |
| Number of Holdings | 84 | 3 | 2265 | 10.10% | 3 |
| Net Assets in Top 10 | 270 M | 84.9 K | 5.81 B | 12.93% | 3 |
| Weighting of Top 10 | 33.1% | 6.1% | 100.0% | 11.00% | 2 |
| Weighting | Category Low | Category High | BRMBX % Rank | Quintile | |
|---|---|---|---|---|---|
| Stocks | 95.21% | 15.06% | 125.53% | 22.73% | 4 |
| Other | 4.20% | -10.78% | 79.22% | 1.19% | 1 |
| Cash | 0.59% | -25.53% | 42.36% | 25.56% | 4 |
| Preferred Stocks | 0.00% | 0.00% | 5.49% | 3.42% | 5 |
| Convertible Bonds | 0.00% | 0.00% | 0.37% | 0.59% | 5 |
| Bonds | 0.00% | -0.81% | 30.89% | 2.97% | 5 |
| Weighting | Category Low | Category High | BRMBX % Rank | Quintile | |
|---|---|---|---|---|---|
| Financial Services | 24.15% | -0.39% | 45.85% | 1.34% | 1 |
| Energy | 14.34% | 0.00% | 20.72% | 0.45% | 1 |
| Healthcare | 11.96% | 0.00% | 33.41% | 24.81% | 4 |
| Utilities | 9.07% | 0.00% | 10.75% | 0.45% | 1 |
| Communication Services | 7.80% | 0.00% | 17.30% | 1.04% | 1 |
| Technology | 7.68% | 0.00% | 58.88% | 37.00% | 5 |
| Consumer Defense | 6.49% | 0.00% | 22.39% | 8.77% | 1 |
| Industrials | 5.42% | 0.00% | 38.36% | 34.77% | 5 |
| Consumer Cyclical | 3.63% | 0.00% | 57.14% | 35.96% | 5 |
| Basic Materials | 2.64% | 0.00% | 12.44% | 21.10% | 4 |
| Real Estate | 0.00% | 0.00% | 43.85% | 26.89% | 5 |
| Weighting | Category Low | Category High | BRMBX % Rank | Quintile | |
|---|---|---|---|---|---|
| US | 71.89% | 14.94% | 120.65% | 34.77% | 5 |
| Non US | 23.32% | 0.00% | 41.39% | 0.74% | 1 |
| BRMBX Fees (% of AUM) | Category Low | Category High | Rank in Category (%) | Quintile | |
|---|---|---|---|---|---|
| Expense Ratio | 2.27% | 0.07% | 111.05% | 7.45% | 5 |
| Management Fee | 0.80% | 0.06% | 1.50% | 3.27% | 4 |
| 12b-1 Fee | 1.00% | 0.00% | 1.00% | 0.21% | 5 |
| Administrative Fee | 0.06% | 0.00% | 25000.00% | 6.47% | 2 |
| BRMBX Fees (% of AUM) | Category Low | Category High | BRMBX Rank | Quintile | |
|---|---|---|---|---|---|
| Front Load | N/A | 0.00% | 5.75% | N/A | N/A |
| Deferred Load | 4.50% | 1.00% | 5.50% | 2.31% | 4 |
| BRMBX Fees (% of AUM) | Category Low | Category High | BRMBX Rank | Quintile | |
|---|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.05% | 2.00% | N/A | N/A |
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| BRMBX Fees (% of AUM) | Category Low | Category High | BRMBX Rank | Quintile | |
|---|---|---|---|---|---|
| Turnover | 154.00% | 0.00% | 558.00% | 3.43% | 5 |
| BRMBX | Category Low | Category High | BRMBX % Rank | Quintile | |
|---|---|---|---|---|---|
| Dividend Yield | 0.1% | 0.00% | 5.39% | 24.23% | 2 |
| BRMBX | Category Low | Category High | Category Mode | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annually | Monthly | Annually |
| BRMBX | Category Low | Category High | BRMBX % Rank | Quintile | |
|---|---|---|---|---|---|
| Net Income Ratio | -1.39% | -2.25% | 1.71% | 30.40% | 5 |
| BRMBX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Manager
Start Date
Jun 12, 2017Tenure
0.47
Tenure Rank
19.9%
Franco F. Tapia, CFA, Principal and Portfolio Manager. Mr. Tapia is a co-portfolio manager for U.S. Best Ideas. Prior to joining Pzena Investment Management, he worked for Morgan Stanley in private client services managing assets for individuals and small institutions. Mr. Tapia has also worked as a strategy consultant for IBM/Mainspring. He earned a B.A. in Economics with honors from Harvard University, and an M.B.A. from the Wharton School of the University of Pennsylvania where he was named a Palmer Scholar. Mr. Tapia holds the Chartered Financial Analyst designation.
Manager
Start Date
Jun 12, 2017Tenure
0.47
Tenure Rank
19.9%
Jointly and primarily responsible for the day-to-day management of the Fund’s portfolio including setting the Fund’s overall investment strategy and overseeing the management of the Fund
Manager
Start Date
Jun 12, 2017Tenure
0.47
Tenure Rank
19.9%
Tony DeSpirito is co-manager of the BlackRock North American Income Trust plc. He is a member of the Fundamental Equity division of BlackRock’s Alpha Strategies Group and co-portfolio manager for the US based Equity Dividend Fund and related strategies. Prior to joining BlackRock in August 2014, for the last 18 years Tony had been with Pzena Investment Management where he was Managing Principal, Portfolio Manager and a member of the firm’s Executive Committee. Prior to joining Pzena Investment Management in 1996, Mr. DeSpirito was an Associate in the Corporate Department at the Boston based law firm of Ropes & Gray LLP. At Ropes & Gray, he advised clients in the direct television, financial services, fitness, packaging films, retail, software, and wire and cable industries. Mr. DeSpirito earned a B.S. summa cum laude from the Wharton School of the University of Pennsylvania in 1990 and a J.D. magna cum laude from Harvard Law School in 1993. "
Manager
Start Date
Jun 12, 2017Tenure
0.47
Tenure Rank
19.9%
McClements joined BlackRock following the merger with SSRM in 2005. Prior to joining BlackRock, he was vice president of SSRM's Quantitative Strategies Group where one of his responsibilities was implementing different option strategies on various equity accounts since 2004. Prior to joining SSRM, McClements was a vice president at Deutsche Asset Management where he was a derivative, program and FX trader. From 1998 to 2001, he was also a portfolio manager for the ProEquity Fund Series.
Category Low
0.0
Category High
32.5
Category Average
7.7
Category Mode
3.7
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