BlackRock All-Cap Engy & Res Instl
- BACIX
- Price as of: Jan 13, 2021
-
$7.61
N/A N/A
- Primary Theme
- Energy Sector Equity
- Fund Company
- BlackRock
- Share Class
BACIX - Snapshot
Vitals
- YTD Return 12.0%
- 3 Yr Annualized Return -13.7%
- 5 Yr Annualized Return -3.5%
- Net Assets $123 M
- Holdings in Top 10 61.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 1.40%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 39.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $2,000,000
- IRA N/A
Fund Classification
-
Primary Theme
Energy Sector Equity
- Fund Type Open End Mutual Fund
- Investment Style Equity Energy
BACIX - Profile
Distributions
- YTD Total Return 12.0%
- 3 Yr Annualized Total Return -13.7%
- 5 Yr Annualized Total Return -3.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 3.89%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameBlackRock Energy Opportunities Fund
-
Fund Family NameBlackRock
-
Inception DateFeb 16, 2005
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerAlastair Bishop
Fund Description
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). It 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. It is non-diversified.
BACIX - Performance
Return Ranking - Trailing
| Period | BACIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 12.0% | 7.2% | 26.5% | 73.03% |
| 1 Yr | -29.3% | -67.9% | 140.1% | 25.93% |
| 3 Yr | -13.7%* | -50.1% | -0.4% | 20.51% |
| 5 Yr | -3.5%* | -32.6% | 7.3% | 17.81% |
| 10 Yr | -6.6%* | -23.8% | -2.3% | 40.00% |
* Annualized
Return Ranking - Calendar
| Period | BACIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | -31.9% | -47.8% | 1062.3% | 44.44% |
| 2019 | 9.5% | -31.6% | 664.4% | 18.52% |
| 2018 | -22.0% | -59.6% | -12.6% | 14.67% |
| 2017 | -0.4% | -26.7% | 47.3% | 13.51% |
| 2016 | 24.4% | 5.3% | 486.8% | 60.29% |
Total Return Ranking - Trailing
| Period | BACIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 12.0% | 7.2% | 26.5% | 73.03% |
| 1 Yr | -29.3% | -67.9% | 140.1% | 25.93% |
| 3 Yr | -13.7%* | -50.1% | -0.4% | 20.51% |
| 5 Yr | -3.5%* | -32.6% | 7.3% | 17.81% |
| 10 Yr | -6.6%* | -23.8% | -2.3% | 40.00% |
* Annualized
Total Return Ranking - Calendar
| Period | BACIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | -31.9% | -47.8% | 834.3% | 40.74% |
| 2019 | 9.5% | -31.6% | 664.4% | 18.52% |
| 2018 | -22.0% | -59.6% | -12.6% | 18.67% |
| 2017 | 2.5% | -26.7% | 47.3% | 9.46% |
| 2016 | 27.4% | 5.3% | 420.6% | 48.53% |
NAV & Total Return History
BACIX - Holdings
Concentration Analysis
| BACIX | Category Low | Category High | BACIX % Rank | |
|---|---|---|---|---|
| Net Assets | 123 M | 905 K | 13.6 B | 53.93% |
| Number of Holdings | 43 | 19 | 188 | 33.71% |
| Net Assets in Top 10 | 75.7 M | 341 K | 10.7 B | 34.83% |
| Weighting of Top 10 | 61.93% | 34.0% | 77.5% | 38.20% |
Top 10 Holdings
- Chevron Corp 13.49%
- Royal Dutch Shell PLC Class A 10.42%
- Royal Dutch Shell PLC Class A 10.42%
- Royal Dutch Shell PLC Class A 10.42%
- Royal Dutch Shell PLC Class A 10.42%
- Royal Dutch Shell PLC Class A 10.42%
- Royal Dutch Shell PLC Class A 10.42%
- Royal Dutch Shell PLC Class A 10.42%
- Royal Dutch Shell PLC Class A 10.42%
- Royal Dutch Shell PLC Class A 10.42%
Asset Allocation
| Weighting | Return Low | Return High | BACIX % Rank | |
|---|---|---|---|---|
| Stocks | 95.15% | 70.00% | 100.43% | 74.16% |
| Cash | 4.75% | -0.44% | 30.01% | 17.98% |
| Other | 0.10% | -0.69% | 0.10% | 1.12% |
| Preferred Stocks | 0.00% | 0.00% | 0.26% | 5.62% |
| Convertible Bonds | 0.00% | 0.00% | 0.00% | 4.49% |
| Bonds | 0.00% | 0.00% | 10.42% | 10.11% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | BACIX % Rank | |
|---|---|---|---|---|
| Energy | 98.90% | 0.00% | 100.00% | 38.20% |
| Consumer Defense | 1.10% | 0.00% | 1.10% | 1.12% |
| Utilities | 0.00% | 0.00% | 90.56% | 56.18% |
| Technology | 0.00% | 0.00% | 38.51% | 37.08% |
| Real Estate | 0.00% | 0.00% | 16.63% | 14.61% |
| Industrials | 0.00% | 0.00% | 24.01% | 37.08% |
| Healthcare | 0.00% | 0.00% | 0.00% | 4.49% |
| Financial Services | 0.00% | 0.00% | 4.59% | 4.49% |
| Communication Services | 0.00% | 0.00% | 1.71% | 7.87% |
| Consumer Cyclical | 0.00% | 0.00% | 10.71% | 16.85% |
| Basic Materials | 0.00% | 0.00% | 30.69% | 41.57% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | BACIX % Rank | |
|---|---|---|---|---|
| Non US | 49.10% | 0.00% | 76.99% | 17.98% |
| US | 46.05% | 22.92% | 99.97% | 82.02% |
BACIX - Expenses
Operational Fees
| BACIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.40% | 0.08% | 3.64% | 45.68% |
| Management Fee | 0.75% | 0.00% | 1.25% | 52.81% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.06% | 0.05% | 0.25% | 30.77% |
Sales Fees
| BACIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| BACIX 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.
| BACIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 39.00% | 7.00% | 428.00% | 45.45% |
BACIX - Distributions
Dividend Yield Analysis
| BACIX | Category Low | Category High | BACIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 3.62% | 38.20% |
Dividend Distribution Analysis
| BACIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Semi-Annually | Monthly | Monthly |
Net Income Ratio Analysis
| BACIX | Category Low | Category High | BACIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 3.89% | -1.58% | 6.38% | 13.58% |
Capital Gain Distribution Analysis
| BACIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Dec 07, 2018 | $0.311 |
| Dec 12, 2017 | $0.320 |
| Dec 14, 2016 | $0.278 |
| Dec 16, 2015 | $0.235 |
| Dec 18, 2014 | $0.242 |
| Dec 06, 2013 | $0.107 |
| Dec 13, 2012 | $0.003 |
| Dec 10, 2010 | $0.121 |
| Dec 11, 2009 | $0.102 |
| Dec 07, 2007 | $0.264 |
BACIX - Fund Manager Analysis
Managers
Alastair Bishop
Start Date
Tenure
Tenure Rank
Nov 02, 2015
5.17
5.2%
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
2.84
2.8%
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 |
|---|---|---|---|
| 0.14 | 22.77 | 5.98 | 0.52 |