BlackRock Latin America Instl
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
Vitals
YTD Return
-4.1%
1 yr return
-5.0%
3 Yr Avg Return
-3.0%
5 Yr Avg Return
1.4%
Net Assets
$68.6 M
Holdings in Top 10
48.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.44%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 138.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Investment Style
Latin America Stock
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
MALTX - Profile
Distributions
- YTD Total Return -4.1%
- 3 Yr Annualized Total Return -3.0%
- 5 Yr Annualized Total Return 1.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.45%
- Dividend Yield 4.1%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameBlackRock Latin America Fund, Inc.
-
Fund Family NameBlackRock
-
Inception DateOct 21, 1994
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerEdward Kuczma
Fund Description
Under normal market conditions, the fund will invest at least 80% of its net assets plus any borrowings for investment purposes in Latin American securities. It emphasizes equity securities of companies of any market capitalization located in Latin America. The fund will not seek to invest in a large number of countries in Latin America. It can invest in securities denominated in the currencies of Latin American countries or in other currencies. The fund is non-diversified.
MALTX - Performance
Return Ranking - Trailing
| Period | MALTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -4.1% | -9.0% | 17.3% | 61.54% |
| 1 Yr | -5.0% | -20.3% | 7.1% | 73.08% |
| 3 Yr | -3.0%* | -4.2% | 8.3% | 84.62% |
| 5 Yr | 1.4%* | 0.2% | 11.0% | 78.26% |
| 10 Yr | -0.9%* | -3.9% | 5.0% | 52.17% |
* Annualized
Return Ranking - Calendar
| Period | MALTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2021 | -19.5% | -24.3% | -7.1% | 48.00% |
| 2020 | -18.2% | -22.4% | 1.0% | 44.00% |
| 2019 | 16.3% | 10.2% | 47.4% | 79.17% |
| 2018 | -4.7% | -14.7% | -2.6% | 33.33% |
| 2017 | 26.6% | 9.7% | 48.5% | 68.42% |
Total Return Ranking - Trailing
| Period | MALTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -4.1% | -16.1% | -3.6% | 34.62% |
| 1 Yr | -5.0% | -20.3% | 7.1% | 57.69% |
| 3 Yr | -3.0%* | -5.1% | 8.3% | 73.08% |
| 5 Yr | 1.4%* | 0.0% | 11.0% | 78.26% |
| 10 Yr | -0.9%* | -3.9% | 5.0% | 52.17% |
* Annualized
Total Return Ranking - Calendar
| Period | MALTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2021 | -19.5% | -24.3% | -7.1% | 48.00% |
| 2020 | -18.2% | -22.4% | 1.0% | 44.00% |
| 2019 | 16.3% | 10.2% | 47.4% | 79.17% |
| 2018 | -4.7% | -14.7% | -2.6% | 33.33% |
| 2017 | 28.2% | 9.7% | 48.5% | 42.11% |
NAV & Total Return History
MALTX - Holdings
Concentration Analysis
| MALTX | Category Low | Category High | MALTX % Rank | |
|---|---|---|---|---|
| Net Assets | 68.6 M | 7.18 M | 6.22 B | 69.23% |
| Number of Holdings | 52 | 26 | 171 | 57.69% |
| Net Assets in Top 10 | 34.8 M | 2.94 M | 3.61 B | 65.38% |
| Weighting of Top 10 | 48.66% | 25.4% | 60.4% | 42.31% |
Top 10 Holdings
- Vale SA ADR 9.66%
- Vale SA ADR Class A 8.50%
- Bank Bradesco SA ADR 6.01%
- Petroleo Brasileiro SA Petrobras Pfd 5.86%
- Itau Unibanco Holding SA ADR 5.29%
- B3 SA - Brasil Bolsa Balcao 5.14%
- B3 SA - Brasil Bolsa Balcao 5.14%
- B3 SA - Brasil Bolsa Balcao 5.14%
- B3 SA - Brasil Bolsa Balcao 5.14%
- B3 SA - Brasil Bolsa Balcao 5.14%
Asset Allocation
| Weighting | Return Low | Return High | MALTX % Rank | |
|---|---|---|---|---|
| Stocks | 92.19% | 80.70% | 100.00% | 80.77% |
| Preferred Stocks | 5.86% | 0.00% | 6.45% | 7.69% |
| Cash | 1.95% | -0.03% | 14.93% | 26.92% |
| Other | 0.00% | 0.00% | 0.73% | 7.69% |
| Convertible Bonds | 0.00% | 0.00% | 0.00% | 3.85% |
| Bonds | 0.00% | 0.00% | 4.37% | 7.69% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | MALTX % Rank | |
|---|---|---|---|---|
| Financial Services | 32.51% | 5.70% | 35.31% | 19.23% |
| Basic Materials | 25.30% | 6.29% | 30.27% | 19.23% |
| Consumer Defense | 11.04% | 6.76% | 16.72% | 61.54% |
| Industrials | 10.05% | 2.78% | 17.03% | 30.77% |
| Healthcare | 5.21% | 1.37% | 22.01% | 42.31% |
| Communication Services | 4.75% | 0.00% | 7.08% | 15.38% |
| Real Estate | 3.55% | 0.00% | 9.45% | 11.54% |
| Energy | 2.90% | 2.90% | 17.38% | 88.46% |
| Technology | 1.75% | 0.00% | 5.06% | 42.31% |
| Utilities | 1.61% | 0.56% | 24.83% | 73.08% |
| Consumer Cyclical | 1.32% | 0.00% | 17.94% | 65.38% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | MALTX % Rank | |
|---|---|---|---|---|
| Non US | 89.35% | 74.45% | 99.74% | 84.62% |
| US | 2.84% | 0.00% | 6.25% | 19.23% |
MALTX - Expenses
Operational Fees
| MALTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.44% | 0.19% | 2.72% | 32.00% |
| Management Fee | 1.00% | 0.19% | 1.10% | 57.69% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.08% | 0.15% | 66.67% |
Sales Fees
| MALTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
| MALTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 2.00% | 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.
| MALTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 138.00% | 17.00% | 138.00% | 87.50% |
MALTX - Distributions
Dividend Yield Analysis
| MALTX | Category Low | Category High | MALTX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 4.11% | 0.00% | 13.46% | 30.77% |
Dividend Distribution Analysis
| MALTX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
| MALTX | Category Low | Category High | MALTX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.45% | -0.05% | 8.87% | 57.69% |
Capital Gain Distribution Analysis
| MALTX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Dividend Payout History
| Date | Amount | Type |
|---|---|---|
| Dec 07, 2021 | $1.435 | OrdinaryDividend |
| Jul 15, 2021 | $0.503 | OrdinaryDividend |
| Dec 07, 2020 | $0.258 | OrdinaryDividend |
| Jul 16, 2020 | $0.327 | OrdinaryDividend |
| Dec 12, 2019 | $1.134 | OrdinaryDividend |
| Dec 17, 2018 | $0.553 | OrdinaryDividend |
| Dec 12, 2017 | $0.584 | OrdinaryDividend |
| Dec 14, 2016 | $0.567 | OrdinaryDividend |
| Dec 16, 2015 | $0.267 | OrdinaryDividend |
| Dec 18, 2014 | $1.145 | OrdinaryDividend |
| Dec 18, 2013 | $0.535 | OrdinaryDividend |
| Dec 20, 2012 | $1.000 | OrdinaryDividend |
| Dec 20, 2011 | $0.542 | OrdinaryDividend |
| Dec 21, 2010 | $1.285 | OrdinaryDividend |
| Dec 21, 2009 | $0.972 | OrdinaryDividend |
| Dec 20, 2006 | $0.719 | OrdinaryDividend |
MALTX - Fund Manager Analysis
Managers
Edward Kuczma
Start Date
Tenure
Tenure Rank
Dec 24, 2018
3.44
3.4%
Mr. Kuczma joined Blackrock in 2015 as a senior research analyst on the Latin American equity team from Morgan Stanley Investment Management, where he covered emerging market equities with a primary focus on Latin America. Prior to Morgan Stanley, Mr. Kuczma was a portfolio manager for Van Eck Global which he had joined since 2004.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.41 | 14.42 | 6.55 | 11.13 |