BlackRock Latin America Instl
Name
Price
Aum/Mkt Cap
YIELD
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
$34.9
$34.90
$47.26
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
Name
Price
Aum/Mkt Cap
YIELD
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
MALTX - Performance
Return Ranking - Trailing
| Period | MALTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -4.1% | -11.2% | 17.3% | 38.46% |
| 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 (%) |
|---|---|---|---|---|
| 2022 | -19.5% | -24.3% | -7.1% | 48.00% |
| 2021 | -18.2% | -22.4% | 1.0% | 44.00% |
| 2020 | 16.3% | 10.2% | 47.4% | 79.17% |
| 2019 | -4.7% | -14.7% | -2.6% | 33.33% |
| 2018 | 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% | 11.54% |
| 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 (%) |
|---|---|---|---|---|
| 2022 | -19.5% | -24.3% | -7.1% | 48.00% |
| 2021 | -18.2% | -22.4% | 1.0% | 44.00% |
| 2020 | 16.3% | 10.2% | 47.4% | 79.17% |
| 2019 | -4.7% | -14.7% | -2.6% | 33.33% |
| 2018 | 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 | 61.54% |
| 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% | 46.15% |
| Convertible Bonds | 0.00% | 0.00% | 0.00% | 42.31% |
| Bonds | 0.00% | 0.00% | 4.37% | 46.15% |
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 |
Distributions 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 |
|---|---|---|---|
| 2.04 | 8.17 | 4.97 | 6.63 |