MALTX: BlackRock Latin America Instl

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

MALTX BlackRock Latin America Instl


Profile

MALTX - Profile

Vitals

  • YTD Return -0.3%
  • 3 Yr Annualized Return 8.0%
  • 5 Yr Annualized Return 3.5%
  • Net Assets $153 M
  • Holdings in Top 10 47.7%

52 WEEK LOW AND HIGH

$55.18
$46.45
$56.62

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.30%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 70.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,000,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -0.3%
  • 3 Yr Annualized Total Return 8.5%
  • 5 Yr Annualized Total Return 4.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.85%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    BlackRock Latin America Fund, Inc. Institutional Shares
  • Fund Family Name
    BlackRock
  • Inception Date
    Oct 21, 1994
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Edward 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.


Get Updates About MALTX

Sign up for Advisor Access to receive email updates about MALTX competitors, news, CE accredited webcasts and more.


Categories

Fund Company Quick Screens

MALTX - Fund Company Quick Screens


Performance

MALTX - Performance

Return Ranking - Trailing

Period MALTX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.3% -0.5% 3.6% 64.71%
1 Yr 4.2% 2.4% 40.6% 87.50%
3 Yr 8.0%* 5.8% 18.0% 92.86%
5 Yr 3.5%* 2.4% 9.2% 84.62%
10 Yr -0.8%* -5.6% -0.2% 44.44%

* Annualized

Return Ranking - Calendar

Period MALTX Return Category Return Low Category Return High Rank in Category (%)
2019 16.3% 14.3% 37.3% 81.25%
2018 -4.7% -12.5% -2.6% 50.00%
2017 26.6% 26.6% 28.6% 84.62%
2016 22.8% 16.7% 29.9% 46.15%
2015 -31.0% -32.7% -30.9% 16.67%

Total Return Ranking - Trailing

Period MALTX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.3% -0.5% 3.6% 64.71%
1 Yr 4.2% 2.4% 40.6% 87.50%
3 Yr 8.5%* 5.8% 18.0% 78.57%
5 Yr 4.2%* 2.4% 9.2% 76.92%
10 Yr 0.4%* -5.6% 0.4% 11.11%

* Annualized

Total Return Ranking - Calendar

Period MALTX Return Category Return Low Category Return High Rank in Category (%)
2019 16.3% 14.3% 37.3% 81.25%
2018 -4.7% -11.4% -2.6% 50.00%
2017 28.2% 26.6% 30.6% 46.15%
2016 24.6% 18.4% 29.9% 46.15%
2015 -30.4% -32.7% -29.8% 41.67%

NAV & Total Return History


Holdings

MALTX - Holdings

Concentration Analysis

MALTX Category Low Category High MALTX % Rank
Net Assets 153 M 11.8 M 620 M 82.35%
Number of Holdings 65 29 65 11.76%
Net Assets in Top 10 73.4 M 3.21 M 316 M 82.35%
Weighting of Top 10 47.72% 29.6% 56.7% 82.35%

Top 10 Holdings

  1. Itau Unibanco Holding SA ADR 8.36%
  2. Vale SA ADR 6.45%
  3. Bank Bradesco SA ADR 6.17%
  4. Petroleo Brasileiro SA Petrobras ADR 5.33%
  5. America Movil SAB de CV ADR 4.84%
  6. Banco do Brasil SA BB Brasil 3.74%
  7. Fomento Economico Mexicano SAB de CV ADR 3.60%
  8. Petroleo Brasileiro SA Petrobras ADR 3.22%
  9. Wal - Mart de Mexico SAB de CV Class V 3.08%
  10. Grupo Financiero Banorte SAB de CV Class O 2.94%

Asset Allocation

Weighting Return Low Return High MALTX % Rank
Stocks
97.67% 68.01% 99.89% 70.59%
Cash
2.24% 0.10% 19.14% 29.41%
Bonds
0.09% 0.00% 12.86% 17.65%
Preferred Stocks
0.00% 0.00% 0.00% 52.94%
Other
0.00% 0.00% 0.00% 52.94%
Convertible Bonds
0.00% 0.00% 0.00% 52.94%

Stock Sector Breakdown

Weighting Return Low Return High MALTX % Rank
Financial Services
29.58% 22.33% 41.12% 64.71%
Basic Materials
13.03% 3.53% 29.03% 17.65%
Consumer Defense
11.93% 9.67% 17.05% 47.06%
Consumer Cyclical
10.84% 5.65% 20.41% 47.06%
Energy
9.98% 1.37% 10.25% 47.06%
Industrials
7.14% 6.69% 16.55% 52.94%
Communication Services
4.95% 0.00% 4.95% 11.76%
Utilities
4.17% 0.00% 4.17% 11.76%
Real Estate
3.69% 0.00% 6.56% 23.53%
Healthcare
3.66% 0.04% 10.33% 70.59%
Technology
1.01% 0.06% 7.65% 82.35%

Stock Geographic Breakdown

Weighting Return Low Return High MALTX % Rank
Non US
96.20% 65.72% 96.20% 11.76%
US
1.47% 1.47% 4.52% 88.24%

Expenses

MALTX - Expenses

Operational Fees

MALTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.30% 0.86% 2.62% 62.50%
Management Fee 1.00% 0.69% 1.17% 47.06%
12b-1 Fee N/A 0.24% 1.00% N/A
Administrative Fee N/A 0.10% 0.25% 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 70.00% 20.20% 189.00% 62.50%

Distributions

MALTX - Distributions

Dividend Yield Analysis

MALTX Category Low Category High MALTX % Rank
Dividend Yield 0.00% 0.00% 0.27% 58.82%

Dividend Distribution Analysis

MALTX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Annually Annually

Net Income Ratio Analysis

MALTX Category Low Category High MALTX % Rank
Net Income Ratio 1.85% -0.72% 3.31% 62.50%

Capital Gain Distribution Analysis

MALTX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

MALTX - Fund Manager Analysis

Managers

Edward Kuczma


Start Date

Tenure

Tenure Rank

Dec 24, 2018

1.02

1.0%

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
0.84 7.0 4.78 7.0