BLACKROCK ENERGY OPPORTUNITIES FUND
Fund
BACAX
Price as of:
$12.93
+ $0.16
+ 1.25%
Primary Theme
fund company
Name
As of 12/31/2024Price
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
0.0%
1 yr return
3.1%
3 Yr Avg Return
15.1%
5 Yr Avg Return
8.8%
Net Assets
$314 M
Holdings in Top 10
66.9%
52 WEEK LOW AND HIGH
$12.8
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.36%
SALES FEES
Front Load 5.25%
Deferred Load N/A
TRADING FEES
Turnover 79.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/31/2024Price
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
BACAX - Profile
Distributions
- YTD Total Return 0.0%
- 3 Yr Annualized Total Return 15.1%
- 5 Yr Annualized Total Return 8.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 3.30%
- Dividend Yield 1.3%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameBLACKROCK ENERGY OPPORTUNITIES FUND
-
Fund Family NameBlackRock
-
Inception DateFeb 15, 2005
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAlastair Bishop
Fund Description
Under normal conditions, the Fund invests at least 80% of its total assets in equity securities of global energy and natural resources companies and companies in associated businesses, as well as utilities (such as gas, water, cable, electrical and telecommunications utilities). Equity securities include common and preferred stock, warrants, depositary receipts and securities or other instruments whose price is linked to the price of common stock. The Fund may also purchase convertible securities.
The Fund will concentrate its investments (i.e., invest more than 25% of its assets) in energy or natural resources companies. The Fund may invest without limit in companies located anywhere in the world and will generally invest in at least three countries and in companies tied economically to a number of countries. The Fund expects to invest primarily in developed markets, but may also invest in emerging markets. The Fund may invest in companies of any size.
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 and may buy options on a currency or a basket of currencies (commonly known as derivatives).
The Fund is a non-diversified fund, which means that it can invest more of its assets in fewer issuers than a diversified fund.
BACAX - Performance
Return Ranking - Trailing
| Period | BACAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.0% | -20.0% | 17.4% | 68.66% |
| 1 Yr | 3.1% | -20.0% | 17.4% | 40.30% |
| 3 Yr | 15.1%* | -11.4% | 22.9% | 56.72% |
| 5 Yr | 8.8%* | -1.3% | 19.1% | 55.22% |
| 10 Yr | 2.3%* | -10.8% | 15.0% | 40.68% |
* Annualized
Return Ranking - Calendar
| Period | BACAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2024 | 1.6% | -19.6% | 11.1% | 31.34% |
| 2023 | -0.5% | -12.5% | 88.5% | 86.57% |
| 2022 | 39.6% | -9.1% | 64.5% | 65.67% |
| 2021 | 39.4% | -40.2% | 94.8% | 20.90% |
| 2020 | -32.0% | -47.8% | 134.4% | 77.61% |
Total Return Ranking - Trailing
| Period | BACAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.0% | -20.0% | 17.4% | 68.66% |
| 1 Yr | 3.1% | -20.0% | 17.4% | 40.30% |
| 3 Yr | 15.1%* | -11.4% | 22.9% | 56.72% |
| 5 Yr | 8.8%* | -1.3% | 19.1% | 55.22% |
| 10 Yr | 2.3%* | -10.8% | 15.0% | 40.68% |
* Annualized
Total Return Ranking - Calendar
| Period | BACAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2024 | 3.8% | -15.1% | 13.4% | 32.84% |
| 2023 | 2.6% | -11.5% | 88.5% | 88.06% |
| 2022 | 43.1% | -8.0% | 66.2% | 64.18% |
| 2021 | 42.9% | -39.2% | 98.4% | 20.90% |
| 2020 | -29.6% | -44.2% | 138.4% | 77.61% |
NAV & Total Return History
BACAX - Holdings
Concentration Analysis
| BACAX | Category Low | Category High | BACAX % Rank | |
|---|---|---|---|---|
| Net Assets | 314 M | 5.1 M | 37.9 B | 45.59% |
| Number of Holdings | 32 | 25 | 207 | 91.18% |
| Net Assets in Top 10 | 218 M | 2.02 M | 26.6 B | 42.65% |
| Weighting of Top 10 | 66.93% | 32.1% | 84.2% | 14.71% |
Top 10 Holdings
- EXXON MOBIL CORP 19.95%
- Shell PLC 10.46%
- TotalEnergies SE 6.87%
- CHEVRON CORP 5.91%
- CONOCOPHILLIPS 5.43%
- Canadian Natural Resources Ltd 4.19%
- Hess Corp 3.88%
- Marathon Petroleum Corp 3.66%
- Cheniere Energy Inc 3.38%
- WILLIAMS COS INC 3.19%
Asset Allocation
| Weighting | Return Low | Return High | BACAX % Rank | |
|---|---|---|---|---|
| Stocks | 99.00% | 71.70% | 105.59% | 77.94% |
| Cash | 1.00% | 0.00% | 33.44% | 57.35% |
| Preferred Stocks | 0.00% | 0.00% | 1.19% | 97.06% |
| Other | 0.00% | -0.01% | 28.37% | 92.65% |
| Convertible Bonds | 0.00% | 0.00% | 0.00% | 97.06% |
| Bonds | 0.00% | 0.00% | 4.65% | 100.00% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | BACAX % Rank | |
|---|---|---|---|---|
| Energy | 98.41% | 0.00% | 100.00% | 41.18% |
| Basic Materials | 1.08% | 0.00% | 17.92% | 47.06% |
| Consumer Defense | 0.51% | 0.00% | 1.54% | 17.65% |
| Utilities | 0.00% | 0.00% | 39.83% | 100.00% |
| Technology | 0.00% | 0.00% | 35.01% | 100.00% |
| Real Estate | 0.00% | 0.00% | 0.02% | 100.00% |
| Industrials | 0.00% | 0.00% | 25.16% | 100.00% |
| Healthcare | 0.00% | 0.00% | 0.00% | 97.06% |
| Financial Services | 0.00% | 0.00% | 0.41% | 97.06% |
| Communication Services | 0.00% | 0.00% | 0.00% | 97.06% |
| Consumer Cyclical | 0.00% | 0.00% | 6.59% | 100.00% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | BACAX % Rank | |
|---|---|---|---|---|
| US | 61.17% | 36.98% | 105.59% | 92.65% |
| Non US | 37.83% | 0.00% | 62.84% | 11.76% |
BACAX - Expenses
Operational Fees
| BACAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.36% | 0.08% | 2.84% | 38.24% |
| Management Fee | 0.75% | 0.00% | 1.25% | 73.53% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 53.33% |
| Administrative Fee | 0.06% | 0.06% | 0.25% | 18.75% |
Sales Fees
| BACAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 5.25% | 2.00% | 5.75% | 44.44% |
| Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
| BACAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | N/A | N/A | 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.
| BACAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 79.00% | 5.00% | 382.00% | 71.43% |
BACAX - Distributions
Dividend Yield Analysis
| BACAX | Category Low | Category High | BACAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.30% | 0.00% | 6.52% | 23.53% |
Dividend Distribution Analysis
| BACAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| BACAX | Category Low | Category High | BACAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 3.30% | -1.80% | 4.54% | 19.12% |
Capital Gain Distribution Analysis
| BACAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 10, 2024 | $0.166 | OrdinaryDividend |
| Jul 18, 2024 | $0.130 | OrdinaryDividend |
| Dec 07, 2023 | $0.190 | OrdinaryDividend |
| Jul 20, 2023 | $0.199 | OrdinaryDividend |
| Dec 08, 2022 | $0.159 | OrdinaryDividend |
| Jul 14, 2022 | $0.123 | OrdinaryDividend |
| Dec 07, 2021 | $0.119 | OrdinaryDividend |
| Jul 15, 2021 | $0.100 | OrdinaryDividend |
| Dec 07, 2020 | $0.123 | OrdinaryDividend |
| Jul 16, 2020 | $0.100 | OrdinaryDividend |
| Dec 05, 2019 | $0.260 | OrdinaryDividend |
| Dec 06, 2018 | $0.254 | OrdinaryDividend |
| Dec 11, 2017 | $0.281 | OrdinaryDividend |
| Dec 13, 2016 | $0.222 | OrdinaryDividend |
| Dec 15, 2015 | $0.181 | OrdinaryDividend |
| Dec 17, 2014 | $0.162 | OrdinaryDividend |
| Dec 05, 2013 | $0.064 | OrdinaryDividend |
| Dec 09, 2010 | $0.070 | OrdinaryDividend |
| Dec 10, 2009 | $0.061 | OrdinaryDividend |
| Dec 11, 2008 | $1.622 | CapitalGainLongTerm |
| Dec 06, 2007 | $0.194 | OrdinaryDividend |
| Dec 06, 2007 | $0.026 | CapitalGainShortTerm |
| Dec 06, 2007 | $0.251 | CapitalGainLongTerm |
| Dec 07, 2006 | $0.258 | CapitalGainShortTerm |
| Dec 07, 2006 | $0.142 | CapitalGainLongTerm |
BACAX - Fund Manager Analysis
Managers
Alastair Bishop
Start Date
Tenure
Tenure Rank
Nov 02, 2015
6.58
6.6%
Alastair Bishop, Managing Director, is a member of the Natural Resources team within Fundamental Equity division of BlackRock’s Active Equity Group. Mr. Bishop was a senior research analyst at Piper Jaffray, where he was responsible for covering the Clean Technology industry. Prior to joining Piper Jaffray in 2009, he covered the Renewable Energy and Industrial sectors for 8 years at Dresdner Kleinwort. Mr. Bishop began his career in 2001 at Dresdner Kleinwort Investment Bank. Mr. Bishop earned a BSc degree in economics from the University of Nottingham in 2001.
Mark Hume
Start Date
Tenure
Tenure Rank
Mar 01, 2018
4.25
4.3%
Mark Hume is the Director of BlackRock, Inc. since 2017; Mark Hume was the Portfolio Manager at Colonial First State Global Asset Management from 2010 to 2017.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.33 | 24.18 | 6.95 | 0.54 |