BlackRock U.S. Insights Long/Short Equity Fund
Name
As of 09/05/2024Price
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
5.0%
1 yr return
12.5%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$12.4 M
Holdings in Top 10
97.5%
52 WEEK LOW AND HIGH
$9.7
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 5.16%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 09/05/2024Price
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
BKLSX - Profile
Distributions
- YTD Total Return 5.0%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 19.3%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameBlackRock U.S. Insights Long/Short Equity Fund
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Fund Family NameBlackRock-Advised Funds
-
Inception DateJun 15, 2023
-
Shares OutstandingN/A
-
Share ClassK
-
CurrencyUSD
-
Domiciled CountryUS
Fund Description
The Fund seeks total return over the long term while pursuing a defensive investment style, by seeking to provide downside protection with upside potential through active stock selection, risk management and diversification. The Fund will also have a dynamic market exposure which Fund management will adjust within a pre‑determined range, based on the market environment to maximize total return.
Under normal circumstances, the Fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of U.S. issuers and derivatives with similar economic characteristics. Equity securities are considered to be those of U.S. issuers where (i) the company’s principal operations are conducted from the U.S., (ii) the securities trade principally on a U.S. stock exchange, (iii) the company does a substantial amount of business in the U.S. or (iv) the issuer of securities is included in the Fund’s primary U.S. benchmark. Such equity securities include, but are not limited to, common stock, preferred stock, convertible securities and depositary receipts. The Fund may invest in issuers of any market capitalization, including small- to mid‑capitalization companies.
The Fund may invest up to 20% of its assets in equity securities of non‑U.S. issuers, including non‑dollar denominated securities and securities of emerging market issuers.
The Fund will use derivatives, including options, futures, swaps (including, but not limited to, total return swaps, some of which may be referred to as contracts for difference) and forward contracts, both to seek to increase the return of the Fund and to hedge (or protect) the value of its assets against adverse movements in currency exchange rates, interest rates and movements in the securities markets. In order to manage cash flows into or out of the Fund effectively, the Fund may buy and sell financial futures contracts or options on such contracts. Derivatives are financial instruments whose value is derived from another security, a currency or an index. The use of options, futures, swaps and forward contracts can be effective in protecting or enhancing the value of the Fund’s assets. The Fund may also invest in indexed and inverse securities.
The Fund will also pursue its investment objective by taking short positions in a variety of equity instruments. The use of both long and short positions better enables the Fund to seek to produce returns that have low correlation to those available by investing in the market as a whole. A long position arises where the Fund holds a security in its portfolio or maintains a position through a derivative instrument that provides economic exposure similar to direct ownership of the security. The Fund will have a short position where it sells a security it does not own by delivery of a borrowed security or has entered into a derivative instrument that provides economic exposure similar to a short sale of the security. The Fund takes long positions primarily in securities that BlackRock has identified as attractive and short positions in such securities that BlackRock has identified as overvalued or poised for underperformance.
The Fund is classified as non‑diversified under the Investment Company Act of 1940, as amended (the “Investment Company Act”), which means that it can invest more of its assets in fewer issuers than a diversified company.
The Fund may engage in active and frequent trading of portfolio securities to seek to achieve its investment objective.
BKLSX - Performance
Return Ranking - Trailing
Period | BKLSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.0% | N/A | N/A | N/A |
1 Yr | 12.5% | N/A | N/A | N/A |
3 Yr | N/A* | N/A | N/A | N/A |
5 Yr | N/A* | N/A | N/A | N/A |
10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Return Ranking - Calendar
Period | BKLSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | N/A | N/A | N/A |
2022 | N/A | N/A | N/A | N/A |
2021 | N/A | N/A | N/A | N/A |
2020 | N/A | N/A | N/A | N/A |
2019 | N/A | N/A | N/A | N/A |
Total Return Ranking - Trailing
Period | BKLSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.0% | N/A | N/A | N/A |
1 Yr | 12.5% | N/A | N/A | N/A |
3 Yr | N/A* | N/A | N/A | N/A |
5 Yr | N/A* | N/A | N/A | N/A |
10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Total Return Ranking - Calendar
Period | BKLSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | N/A | N/A | N/A |
2022 | N/A | N/A | N/A | N/A |
2021 | N/A | N/A | N/A | N/A |
2020 | N/A | N/A | N/A | N/A |
2019 | N/A | N/A | N/A | N/A |
NAV & Total Return History
BKLSX - Holdings
Concentration Analysis
BKLSX | Category Low | Category High | BKLSX % Rank | |
---|---|---|---|---|
Net Assets | 12.4 M | N/A | N/A | N/A |
Number of Holdings | 14 | N/A | N/A | N/A |
Net Assets in Top 10 | 12.1 M | N/A | N/A | N/A |
Weighting of Top 10 | 97.46% | N/A | N/A | N/A |
Top 10 Holdings
- United States Treasury Bill 96.57%
- TRS CFD EQUITY BASKET 0.29%
- SP500 EMINI 0.18%
- Rubrik Inc 0.13%
- Reddit Inc 0.13%
- SP 500 ANNL DIV 0.04%
- BlackRock Cash Funds - Institutional 0.03%
- Astera Labs Inc 0.03%
- SP 500 ANNUAL DIVIDEND INDEX 0.03%
- Loar Holdings Inc 0.02%
Asset Allocation
Weighting | Return Low | Return High | BKLSX % Rank | |
---|---|---|---|---|
Bonds | 96.57% | N/A | N/A | N/A |
Cash | 3.67% | N/A | N/A | N/A |
Stocks | 0.33% | N/A | N/A | N/A |
Preferred Stocks | 0.00% | N/A | N/A | N/A |
Convertible Bonds | 0.00% | N/A | N/A | N/A |
Other | -0.57% | N/A | N/A | N/A |
Stock Sector Breakdown
Weighting | Return Low | Return High | BKLSX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | N/A | N/A | N/A |
Technology | 0.00% | N/A | N/A | N/A |
Real Estate | 0.00% | N/A | N/A | N/A |
Industrials | 0.00% | N/A | N/A | N/A |
Healthcare | 0.00% | N/A | N/A | N/A |
Financial Services | 0.00% | N/A | N/A | N/A |
Energy | 0.00% | N/A | N/A | N/A |
Communication Services | 0.00% | N/A | N/A | N/A |
Consumer Defense | 0.00% | N/A | N/A | N/A |
Consumer Cyclical | 0.00% | N/A | N/A | N/A |
Basic Materials | 0.00% | N/A | N/A | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | BKLSX % Rank | |
---|---|---|---|---|
US | 0.33% | N/A | N/A | N/A |
Non US | 0.00% | N/A | N/A | N/A |
Bond Sector Breakdown
Weighting | Return Low | Return High | BKLSX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 0.03% | N/A | N/A | N/A |
Securitized | 0.00% | N/A | N/A | N/A |
Corporate | 0.00% | N/A | N/A | N/A |
Municipal | 0.00% | N/A | N/A | N/A |
Government | 0.00% | N/A | N/A | N/A |
Derivative | -0.57% | N/A | N/A | N/A |
Bond Geographic Breakdown
Weighting | Return Low | Return High | BKLSX % Rank | |
---|---|---|---|---|
US | 96.57% | N/A | N/A | N/A |
Non US | 0.00% | N/A | N/A | N/A |
BKLSX - Expenses
Operational Fees
BKLSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 5.16% | N/A | N/A | N/A |
Management Fee | 1.36% | N/A | N/A | N/A |
12b-1 Fee | N/A | N/A | N/A | N/A |
Administrative Fee | N/A | N/A | N/A | N/A |
Sales Fees
BKLSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | N/A | N/A | N/A |
Deferred Load | N/A | N/A | N/A | N/A |
Trading Fees
BKLSX 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.
BKLSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | N/A | N/A | N/A |
BKLSX - Distributions
Dividend Yield Analysis
BKLSX | Category Low | Category High | BKLSX % Rank | |
---|---|---|---|---|
Dividend Yield | 19.29% | N/A | N/A | N/A |
Dividend Distribution Analysis
BKLSX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual |
Net Income Ratio Analysis
BKLSX | Category Low | Category High | BKLSX % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | N/A | N/A | N/A |
Capital Gain Distribution Analysis
BKLSX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency |