BLACKROCK EXCHANGE PORTFOLIO
Fund
STSEX
Price as of:
$2,132.60
- $4.54
- 0.21%
Primary Theme
fund company
Name
As of 04/17/2024Price
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
7.7%
1 yr return
21.3%
3 Yr Avg Return
12.5%
5 Yr Avg Return
14.9%
Net Assets
$250 M
Holdings in Top 10
83.4%
52 WEEK LOW AND HIGH
$2,137.1
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.80%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 0.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/17/2024Price
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
STSEX - Profile
Distributions
- YTD Total Return 7.7%
- 3 Yr Annualized Total Return 12.5%
- 5 Yr Annualized Total Return 14.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.92%
- Dividend Yield 3.3%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameBLACKROCK EXCHANGE PORTFOLIO
-
Fund Family NameBlackRock-Advised Funds
-
Inception DateJan 03, 1994
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerLawrence Kemp
Fund Description
Under normal circumstances, the Fund invests largely in a diversified and supervised portfolio of common stocks or convertible securities, believed by management to have growth potential over the years. In pursuing the Fund’s investment objective, the Fund management team seeks to minimize the recognition of capital gains. The Fund currently emphasizes companies with mid to large market capitalizations. The Fund’s investments are not, however, limited by a company’s market capitalization and the Fund may invest in companies with any market capitalization.
Fund management may, when consistent with the Fund’s investment objective, buy or sell options or futures on a security or an index of securities (collectively, commonly known as derivatives).
STSEX - Performance
Return Ranking - Trailing
| Period | STSEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 7.7% | -47.2% | 13.6% | 12.61% |
| 1 Yr | 21.3% | -38.4% | 43.3% | 55.91% |
| 3 Yr | 12.5%* | -15.0% | 26.8% | 0.33% |
| 5 Yr | 14.9%* | -2.7% | 106.3% | 3.99% |
| 10 Yr | 11.7%* | 2.2% | 20.5% | 32.00% |
* Annualized
Return Ranking - Calendar
| Period | STSEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 19.4% | -42.6% | 47.4% | 46.96% |
| 2022 | -6.7% | -56.3% | -4.2% | 0.72% |
| 2021 | 29.8% | -27.2% | 53.7% | 2.04% |
| 2020 | 7.8% | -36.2% | 2181.7% | 73.75% |
| 2019 | 26.8% | -22.7% | 40.4% | 29.28% |
Total Return Ranking - Trailing
| Period | STSEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 7.7% | -47.2% | 13.6% | 12.61% |
| 1 Yr | 21.3% | -38.4% | 43.3% | 55.91% |
| 3 Yr | 12.5%* | -15.0% | 26.8% | 0.33% |
| 5 Yr | 14.9%* | -2.7% | 106.3% | 3.99% |
| 10 Yr | 11.7%* | 2.2% | 20.5% | 32.00% |
* Annualized
Total Return Ranking - Calendar
| Period | STSEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 20.7% | -5.0% | 47.4% | 69.41% |
| 2022 | -5.5% | -36.8% | -2.2% | 2.32% |
| 2021 | 31.1% | 3.0% | 124.3% | 7.25% |
| 2020 | 9.3% | -15.8% | 2266.0% | 90.43% |
| 2019 | 28.6% | -0.4% | 241.3% | 64.06% |
NAV & Total Return History
STSEX - Holdings
Concentration Analysis
| STSEX | Category Low | Category High | STSEX % Rank | |
|---|---|---|---|---|
| Net Assets | 250 M | 2.34 M | 1.55 T | 76.53% |
| Number of Holdings | 28 | 1 | 4053 | 95.37% |
| Net Assets in Top 10 | 193 M | 885 K | 387 B | 63.81% |
| Weighting of Top 10 | 83.45% | 0.3% | 112.0% | 2.68% |
Top 10 Holdings
- MICROSOFT CORP 33.42%
- BERKSHIRE HATHAWAY INC-CL B 11.55%
- General Dynamics Corp 8.75%
- JPMORGAN CHASE CO 6.66%
- American Express Co 4.94%
- VISA INC-CLASS A SHARES 4.47%
- JOHNSON JOHNSON 3.75%
- ASTRAZENECA PLC-SPONS ADR 3.72%
- MERCK CO. INC. 3.20%
- NOVARTIS AG-SPONSORED ADR 2.99%
Asset Allocation
| Weighting | Return Low | Return High | STSEX % Rank | |
|---|---|---|---|---|
| Stocks | 99.90% | 0.00% | 124.03% | 6.12% |
| Cash | 0.39% | 0.00% | 99.06% | 74.73% |
| Preferred Stocks | 0.00% | 0.00% | 2.38% | 35.48% |
| Other | 0.00% | -13.91% | 100.00% | 58.24% |
| Convertible Bonds | 0.00% | 0.00% | 5.54% | 31.81% |
| Bonds | 0.00% | -0.50% | 93.78% | 36.89% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | STSEX % Rank | |
|---|---|---|---|---|
| Technology | 31.63% | 0.00% | 48.94% | 3.91% |
| Financial Services | 28.26% | 0.00% | 55.59% | 1.76% |
| Healthcare | 16.32% | 0.00% | 60.70% | 20.37% |
| Consumer Defense | 11.24% | 0.00% | 47.71% | 7.27% |
| Industrials | 8.70% | 0.00% | 29.90% | 55.83% |
| Energy | 3.85% | 0.00% | 41.64% | 60.46% |
| Utilities | 0.00% | 0.00% | 20.91% | 88.66% |
| Real Estate | 0.00% | 0.00% | 31.91% | 89.78% |
| Communication Services | 0.00% | 0.00% | 27.94% | 99.28% |
| Consumer Cyclical | 0.00% | 0.00% | 30.33% | 99.60% |
| Basic Materials | 0.00% | 0.00% | 25.70% | 95.93% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | STSEX % Rank | |
|---|---|---|---|---|
| US | 99.90% | 0.00% | 124.03% | 5.18% |
| Non US | 0.00% | 0.00% | 62.81% | 45.84% |
STSEX - Expenses
Operational Fees
| STSEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.80% | 0.01% | 16.07% | 51.03% |
| Management Fee | 0.50% | 0.00% | 1.89% | 47.00% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | 66.01% |
| Administrative Fee | 0.06% | 0.00% | 0.85% | 38.99% |
Sales Fees
| STSEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| STSEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.25% | 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.
| STSEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 0.00% | 0.00% | 496.00% | 0.09% |
STSEX - Distributions
Dividend Yield Analysis
| STSEX | Category Low | Category High | STSEX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 3.26% | 0.00% | 25.99% | 63.57% |
Dividend Distribution Analysis
| STSEX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annual | Annual | Annual |
Net Income Ratio Analysis
| STSEX | Category Low | Category High | STSEX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.92% | -54.00% | 6.06% | 35.98% |
Capital Gain Distribution Analysis
| STSEX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Apr 11, 2024 | $1.250 | OrdinaryDividend |
| Dec 28, 2023 | $17.379 | OrdinaryDividend |
| Oct 12, 2023 | $1.250 | OrdinaryDividend |
| Jul 20, 2023 | $1.250 | OrdinaryDividend |
| Apr 12, 2023 | $1.250 | OrdinaryDividend |
| Dec 29, 2022 | $16.480 | OrdinaryDividend |
| Oct 14, 2022 | $1.250 | OrdinaryDividend |
| Oct 13, 2022 | $1.250 | OrdinaryDividend |
| Jul 15, 2022 | $1.250 | OrdinaryDividend |
| Apr 14, 2022 | $1.250 | OrdinaryDividend |
| Dec 30, 2021 | $14.152 | OrdinaryDividend |
| Oct 07, 2021 | $1.250 | OrdinaryDividend |
| Jul 15, 2021 | $1.250 | OrdinaryDividend |
| Apr 07, 2021 | $1.250 | OrdinaryDividend |
| Dec 30, 2020 | $14.524 | OrdinaryDividend |
| Oct 08, 2020 | $1.250 | OrdinaryDividend |
| Jul 16, 2020 | $1.250 | OrdinaryDividend |
| Apr 08, 2020 | $1.250 | OrdinaryDividend |
| Dec 30, 2019 | $14.055 | OrdinaryDividend |
| Oct 10, 2019 | $1.250 | OrdinaryDividend |
| Jul 18, 2019 | $1.250 | OrdinaryDividend |
| Apr 11, 2019 | $1.250 | OrdinaryDividend |
| Dec 31, 2018 | $13.551 | OrdinaryDividend |
| Oct 12, 2018 | $1.250 | OrdinaryDividend |
| Jul 20, 2018 | $1.250 | OrdinaryDividend |
| Apr 12, 2018 | $1.250 | OrdinaryDividend |
| Dec 29, 2017 | $13.753 | OrdinaryDividend |
| Oct 13, 2017 | $1.250 | OrdinaryDividend |
| Jul 21, 2017 | $1.250 | OrdinaryDividend |
| Apr 13, 2017 | $1.250 | OrdinaryDividend |
| Dec 30, 2016 | $14.344 | OrdinaryDividend |
| Oct 14, 2016 | $1.250 | OrdinaryDividend |
| Jul 22, 2016 | $1.250 | OrdinaryDividend |
| Apr 14, 2016 | $1.250 | OrdinaryDividend |
| Dec 10, 2015 | $12.349 | OrdinaryDividend |
| Oct 16, 2015 | $1.250 | OrdinaryDividend |
| Jul 17, 2015 | $1.250 | OrdinaryDividend |
| Apr 16, 2015 | $1.250 | OrdinaryDividend |
| Oct 17, 2014 | $1.250 | OrdinaryDividend |
| Jul 18, 2014 | $1.250 | OrdinaryDividend |
| Apr 17, 2014 | $1.250 | OrdinaryDividend |
| Oct 18, 2013 | $1.250 | OrdinaryDividend |
| Jul 19, 2013 | $1.250 | OrdinaryDividend |
| Apr 18, 2013 | $1.250 | OrdinaryDividend |
| Dec 14, 2012 | $10.573 | OrdinaryDividend |
| Oct 19, 2012 | $1.250 | OrdinaryDividend |
| Jul 20, 2012 | $1.250 | OrdinaryDividend |
| Apr 19, 2012 | $1.250 | OrdinaryDividend |
| Dec 13, 2011 | $7.012 | OrdinaryDividend |
| Oct 21, 2011 | $1.250 | OrdinaryDividend |
| Jul 21, 2011 | $1.250 | OrdinaryDividend |
| Apr 21, 2011 | $1.250 | OrdinaryDividend |
| Dec 15, 2010 | $4.802 | OrdinaryDividend |
| Oct 22, 2010 | $1.250 | OrdinaryDividend |
| Jul 23, 2010 | $1.250 | OrdinaryDividend |
| Apr 23, 2010 | $1.250 | OrdinaryDividend |
| Dec 15, 2009 | $5.706 | OrdinaryDividend |
| Oct 23, 2009 | $1.250 | OrdinaryDividend |
| Jul 24, 2009 | $1.250 | OrdinaryDividend |
| Apr 24, 2009 | $1.250 | OrdinaryDividend |
| Dec 16, 2008 | $5.437 | OrdinaryDividend |
| Oct 24, 2008 | $1.250 | OrdinaryDividend |
| Jul 18, 2008 | $1.250 | OrdinaryDividend |
| Apr 18, 2008 | $1.250 | OrdinaryDividend |
| Dec 17, 2007 | $2.736 | OrdinaryDividend |
| Oct 24, 2007 | $1.250 | OrdinaryDividend |
| Jul 20, 2007 | $1.250 | OrdinaryDividend |
| Apr 20, 2007 | $1.250 | OrdinaryDividend |
| Dec 14, 2006 | $3.070 | OrdinaryDividend |
| Sep 28, 2006 | $1.250 | OrdinaryDividend |
| Jun 29, 2006 | $1.250 | OrdinaryDividend |
| Mar 30, 2006 | $1.250 | OrdinaryDividend |
| Dec 29, 2005 | $2.589 | OrdinaryDividend |
| Sep 29, 2005 | $1.000 | OrdinaryDividend |
| Jun 24, 2005 | $1.000 | OrdinaryDividend |
STSEX - Fund Manager Analysis
Managers
Lawrence Kemp
Start Date
Tenure
Tenure Rank
Jan 01, 2013
9.42
9.4%
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.
Phil Ruvinsky
Start Date
Tenure
Tenure Rank
Feb 01, 2020
2.33
2.3%
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.
Caroline Bottinelli
Start Date
Tenure
Tenure Rank
May 16, 2022
0.04
0.0%
Director of BlackRock, Inc. since 2020; Vice President of BlackRock, Inc. from 2016 to 2020; prior to joining BlackRock, Inc., Ms. Bottinelli was an Equity Research Associate at J.P. Morgan.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 39.02 | 7.23 | 2.42 |