BLACKROCK MID CAP GROWTH EQUITY PORTFOLIO
Fund
CMGIX
Price as of:
$46.01
+ $0.52
+ 1.14%
Primary Theme
fund company
Name
As of 11/22/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
19.5%
1 yr return
29.8%
3 Yr Avg Return
-1.2%
5 Yr Avg Return
10.0%
Net Assets
$10.5 B
Holdings in Top 10
34.6%
52 WEEK LOW AND HIGH
$45.5
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.85%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 22.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/22/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
CMGIX - Profile
Distributions
- YTD Total Return 19.5%
- 3 Yr Annualized Total Return -1.2%
- 5 Yr Annualized Total Return 10.0%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.52%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameBLACKROCK MID CAP GROWTH EQUITY PORTFOLIO
-
Fund Family NameBlackRock-advised Funds
-
Inception DateFeb 20, 1997
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerPhil Ruvinsky
Fund Description
The Fund normally invests at least 80% of its net assets in equity securities issued by U.S. mid-capitalization companies which Fund management believes have above-average earnings growth potential. Equity securities consist primarily of common stock, preferred stock and securities or other instruments whose price is linked to the value of common stock. The Fund may also purchase convertible securities. Although a universal definition of mid-capitalization companies does not exist, the Fund generally defines these companies, at the time of the Fund’s investment, as those with market capitalizations comparable in size to the companies in the Russell Midcap® Growth Index (between approximately $2.0 billion and $71.3 billion as of August 31, 2024). In the future, the Fund may define mid-capitalization companies using a different index or classification system. The Fund seeks to buy primarily common stock but also can invest in preferred stock, convertible securities and other equity securities. From time to time the Fund may invest in shares of companies through “new issues” or initial public offerings (“IPOs”).
The Fund may, when consistent with the Fund’s investment objective, buy or sell options or futures on a security or an index of securities (commonly known as derivatives). The primary purpose of using derivatives is to attempt to reduce risk to the Fund as a whole (hedge), but they may also be used to maintain liquidity and commit cash pending investment. Fund management also may, but under normal market conditions generally does not intend to, use derivatives for speculation to increase returns.
CMGIX - Performance
Return Ranking - Trailing
| Period | CMGIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 19.5% | 3.8% | 165.8% | 64.50% |
| 1 Yr | 29.8% | 13.8% | 164.4% | 59.54% |
| 3 Yr | -1.2%* | -19.6% | 60.8% | 77.84% |
| 5 Yr | 10.0%* | -1.7% | 105.0% | 61.89% |
| 10 Yr | 12.7%* | 2.3% | 25.7% | 12.63% |
* Annualized
Return Ranking - Calendar
| Period | CMGIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 28.2% | -27.7% | 68.0% | 7.47% |
| 2022 | -37.4% | -85.6% | 52.8% | 83.43% |
| 2021 | 8.9% | -74.9% | 238.3% | 22.62% |
| 2020 | 46.1% | -44.1% | 2474.5% | 14.75% |
| 2019 | 35.7% | -50.2% | 44.0% | 9.94% |
Total Return Ranking - Trailing
| Period | CMGIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 19.5% | 3.8% | 165.8% | 64.50% |
| 1 Yr | 29.8% | 13.8% | 164.4% | 59.54% |
| 3 Yr | -1.2%* | -19.6% | 60.8% | 77.84% |
| 5 Yr | 10.0%* | -1.7% | 105.0% | 61.89% |
| 10 Yr | 12.7%* | 2.3% | 25.7% | 12.63% |
* Annualized
Total Return Ranking - Calendar
| Period | CMGIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 28.2% | -26.1% | 68.0% | 8.43% |
| 2022 | -37.4% | -67.0% | 56.8% | 91.33% |
| 2021 | 14.5% | -23.5% | 342.2% | 40.28% |
| 2020 | 46.1% | 2.6% | 2549.1% | 27.46% |
| 2019 | 36.2% | 14.6% | 44.8% | 33.40% |
NAV & Total Return History
CMGIX - Holdings
Concentration Analysis
| CMGIX | Category Low | Category High | CMGIX % Rank | |
|---|---|---|---|---|
| Net Assets | 10.5 B | 2.73 M | 100 B | 12.02% |
| Number of Holdings | 63 | 24 | 3581 | 70.42% |
| Net Assets in Top 10 | 3.83 B | 670 K | 11.3 B | 9.16% |
| Weighting of Top 10 | 34.56% | 4.5% | 97.8% | 28.24% |
Top 10 Holdings
- BlackRock Cash Funds - Institutional 5.79%
- Monolithic Power Systems Inc 4.22%
- Axon Enterprise Inc 3.49%
- Vertiv Holdings Co 3.36%
- Ares Management Corp 3.25%
- HEICO Corp 3.22%
- Entegris Inc 3.11%
- IDEXX Laboratories Inc 2.84%
- COSTAR GROUP INC 2.69%
- Pinterest Inc 2.59%
Asset Allocation
| Weighting | Return Low | Return High | CMGIX % Rank | |
|---|---|---|---|---|
| Stocks | 100.09% | 58.72% | 103.99% | 2.29% |
| Cash | 5.98% | 0.00% | 28.07% | 7.82% |
| Preferred Stocks | 0.00% | 0.00% | 5.73% | 17.56% |
| Other | 0.00% | -0.04% | 14.45% | 33.97% |
| Convertible Bonds | 0.00% | 0.00% | 0.40% | 6.87% |
| Bonds | 0.00% | 0.00% | 2.73% | 15.65% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | CMGIX % Rank | |
|---|---|---|---|---|
| Technology | 35.00% | 0.04% | 62.17% | 29.96% |
| Consumer Cyclical | 18.60% | 0.00% | 57.41% | 9.92% |
| Healthcare | 16.43% | 0.00% | 37.06% | 63.93% |
| Financial Services | 10.64% | 0.00% | 43.01% | 27.86% |
| Industrials | 9.92% | 0.00% | 38.23% | 83.40% |
| Communication Services | 7.76% | 0.00% | 18.33% | 7.06% |
| Basic Materials | 0.87% | 0.00% | 17.25% | 70.42% |
| Real Estate | 0.78% | 0.00% | 19.28% | 78.63% |
| Utilities | 0.00% | 0.00% | 12.94% | 31.49% |
| Energy | 0.00% | 0.00% | 62.10% | 64.89% |
| Consumer Defense | 0.00% | 0.00% | 16.40% | 84.35% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | CMGIX % Rank | |
|---|---|---|---|---|
| US | 96.98% | 46.79% | 103.99% | 65.46% |
| Non US | 3.10% | 0.00% | 34.12% | 15.08% |
CMGIX - Expenses
Operational Fees
| CMGIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.85% | 0.02% | 17.54% | 73.66% |
| Management Fee | 0.63% | 0.00% | 1.50% | 26.77% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.06% | 0.00% | 0.40% | 34.29% |
Sales Fees
| CMGIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| CMGIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
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.
| CMGIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 22.00% | 0.00% | 250.31% | 24.52% |
CMGIX - Distributions
Dividend Yield Analysis
| CMGIX | Category Low | Category High | CMGIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 33.43% | 24.62% |
Dividend Distribution Analysis
| CMGIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Annual | Annual |
Net Income Ratio Analysis
| CMGIX | Category Low | Category High | CMGIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.52% | -2.24% | 2.75% | 42.83% |
Capital Gain Distribution Analysis
| CMGIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 07, 2021 | $0.706 | CapitalGainLongTerm |
| Jul 15, 2021 | $1.662 | OrdinaryDividend |
| Dec 05, 2019 | $0.116 | CapitalGainLongTerm |
| Dec 06, 2018 | $0.452 | CapitalGainShortTerm |
| Dec 06, 2018 | $0.595 | CapitalGainLongTerm |
| Dec 04, 2017 | $0.147 | CapitalGainShortTerm |
| Dec 04, 2017 | $0.599 | CapitalGainLongTerm |
| Dec 09, 2015 | $0.121 | CapitalGainShortTerm |
| Dec 09, 2015 | $0.310 | CapitalGainLongTerm |
| Dec 10, 2014 | $0.803 | CapitalGainShortTerm |
| Dec 10, 2014 | $1.112 | CapitalGainLongTerm |
| Dec 11, 2013 | $0.923 | CapitalGainShortTerm |
| Dec 11, 2013 | $1.994 | CapitalGainLongTerm |
| Dec 08, 2005 | $0.132 | CapitalGainLongTerm |
| Nov 13, 2000 | $6.687 | CapitalGainShortTerm |
| Nov 13, 2000 | $0.789 | CapitalGainLongTerm |
CMGIX - Fund Manager Analysis
Managers
Phil Ruvinsky
Start Date
Tenure
Tenure Rank
Mar 01, 2013
9.25
9.3%
Director of BlackRock, Inc. since 2013; Sector Head and Research Analyst at Surview Capital LLC from 2010 to 2013; Various positions, including Portfolio Manager and Investment Analyst, at UBS Global Asset Management from 2002 to 2010.
Lawrence Kemp
Start Date
Tenure
Tenure Rank
Mar 01, 2013
9.25
9.3%
Managing Director of BlackRock, Inc. since 2012; Prior to joining BlackRock, Inc., Mr. Kemp was a Managing Director at UBS Global Asset Management.He has been an investment professional with UBS Global Asset Management since 1992. Lawrence received his bachelor’s degree from Stanford University and his MBA from the University of Chicago.
William Broadbent
Start Date
Tenure
Tenure Rank
May 16, 2022
0.04
0.0%
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 36.3 | 9.4 | 11.76 |