BlackRock Latin America Inv C
Name
As of 06/30/2022Price
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
-4.6%
1 yr return
-6.1%
3 Yr Avg Return
-4.2%
5 Yr Avg Return
0.2%
Net Assets
$68.6 M
Holdings in Top 10
48.7%
52 WEEK LOW AND HIGH
$31.3
$31.28
$42.45
Expenses
OPERATING FEES
Expense Ratio 2.72%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 138.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 06/30/2022Price
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
MCLTX - Profile
Distributions
- YTD Total Return -4.6%
- 3 Yr Annualized Total Return -4.2%
- 5 Yr Annualized Total Return 0.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.11%
- Dividend Yield 3.5%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameBlackRock Latin America Fund, Inc.
-
Fund Family NameBlackRock
-
Inception DateOct 21, 1994
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerEdward Kuczma
Fund Description
MCLTX - Performance
Return Ranking - Trailing
| Period | MCLTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -4.6% | -11.2% | 17.3% | 46.15% |
| 1 Yr | -6.1% | -20.3% | 7.1% | 80.77% |
| 3 Yr | -4.2%* | -4.2% | 8.3% | 100.00% |
| 5 Yr | 0.2%* | 0.2% | 11.0% | 100.00% |
| 10 Yr | -2.0%* | -3.9% | 5.0% | 69.57% |
* Annualized
Return Ranking - Calendar
| Period | MCLTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -19.9% | -24.3% | -7.1% | 60.00% |
| 2022 | -18.3% | -22.4% | 1.0% | 56.00% |
| 2021 | 16.6% | 10.2% | 47.4% | 70.83% |
| 2020 | -4.7% | -14.7% | -2.6% | 23.81% |
| 2019 | 26.7% | 9.7% | 48.5% | 47.37% |
Total Return Ranking - Trailing
| Period | MCLTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -4.6% | -16.1% | -3.6% | 23.08% |
| 1 Yr | -7.0% | -20.3% | 7.1% | 65.38% |
| 3 Yr | -4.2%* | -5.1% | 8.3% | 92.31% |
| 5 Yr | 0.2%* | 0.0% | 11.0% | 91.30% |
| 10 Yr | -2.0%* | -3.9% | 5.0% | 69.57% |
* Annualized
Total Return Ranking - Calendar
| Period | MCLTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -19.9% | -24.3% | -7.1% | 60.00% |
| 2022 | -18.3% | -22.4% | 1.0% | 56.00% |
| 2021 | 16.6% | 10.2% | 47.4% | 70.83% |
| 2020 | -4.7% | -14.7% | -2.6% | 23.81% |
| 2019 | 26.7% | 9.7% | 48.5% | 57.89% |
NAV & Total Return History
MCLTX - Holdings
Concentration Analysis
| MCLTX | Category Low | Category High | MCLTX % Rank | |
|---|---|---|---|---|
| Net Assets | 68.6 M | 7.18 M | 6.22 B | 76.92% |
| Number of Holdings | 52 | 26 | 171 | 73.08% |
| Net Assets in Top 10 | 34.8 M | 2.94 M | 3.61 B | 73.08% |
| Weighting of Top 10 | 48.66% | 25.4% | 60.4% | 50.00% |
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 | MCLTX % Rank | |
|---|---|---|---|---|
| Stocks | 92.19% | 80.70% | 100.00% | 88.46% |
| Preferred Stocks | 5.86% | 0.00% | 6.45% | 15.38% |
| Cash | 1.95% | -0.03% | 14.93% | 34.62% |
| Other | 0.00% | 0.00% | 0.73% | 84.62% |
| Convertible Bonds | 0.00% | 0.00% | 0.00% | 84.62% |
| Bonds | 0.00% | 0.00% | 4.37% | 84.62% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | MCLTX % Rank | |
|---|---|---|---|---|
| Financial Services | 32.51% | 5.70% | 35.31% | 26.92% |
| Basic Materials | 25.30% | 6.29% | 30.27% | 26.92% |
| Consumer Defense | 11.04% | 6.76% | 16.72% | 69.23% |
| Industrials | 10.05% | 2.78% | 17.03% | 38.46% |
| Healthcare | 5.21% | 1.37% | 22.01% | 50.00% |
| Communication Services | 4.75% | 0.00% | 7.08% | 23.08% |
| Real Estate | 3.55% | 0.00% | 9.45% | 19.23% |
| Energy | 2.90% | 2.90% | 17.38% | 96.15% |
| Technology | 1.75% | 0.00% | 5.06% | 50.00% |
| Utilities | 1.61% | 0.56% | 24.83% | 80.77% |
| Consumer Cyclical | 1.32% | 0.00% | 17.94% | 73.08% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | MCLTX % Rank | |
|---|---|---|---|---|
| Non US | 89.35% | 74.45% | 99.74% | 92.31% |
| US | 2.84% | 0.00% | 6.25% | 26.92% |
MCLTX - Expenses
Operational Fees
| MCLTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 2.72% | 0.19% | 2.72% | 4.00% |
| Management Fee | 1.00% | 0.19% | 1.10% | 76.92% |
| 12b-1 Fee | 1.00% | 0.00% | 1.00% | 90.00% |
| Administrative Fee | N/A | 0.08% | 0.15% | 100.00% |
Sales Fees
| MCLTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | 1.00% | 1.00% | 1.00% | 66.67% |
Trading Fees
| MCLTX 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.
| MCLTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 138.00% | 17.00% | 138.00% | 95.83% |
MCLTX - Distributions
Dividend Yield Analysis
| MCLTX | Category Low | Category High | MCLTX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 3.52% | 0.00% | 13.46% | 42.31% |
Dividend Distribution Analysis
| MCLTX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
| MCLTX | Category Low | Category High | MCLTX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.11% | -0.05% | 8.87% | 96.15% |
Capital Gain Distribution Analysis
| MCLTX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 07, 2021 | $1.103 | OrdinaryDividend |
| Jul 15, 2021 | $0.321 | OrdinaryDividend |
| Jul 16, 2020 | $0.133 | OrdinaryDividend |
| Dec 12, 2019 | $0.343 | OrdinaryDividend |
| Dec 14, 2016 | $0.128 | OrdinaryDividend |
| Dec 18, 2014 | $0.503 | OrdinaryDividend |
| Dec 20, 2012 | $0.312 | OrdinaryDividend |
| Dec 21, 2010 | $0.690 | OrdinaryDividend |
| Dec 21, 2009 | $0.625 | OrdinaryDividend |
| Dec 20, 2006 | $0.325 | OrdinaryDividend |
MCLTX - 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 |