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MDDVX BlackRock Equity Dividend Inv A

  • Fund
  • MDDVX
  • Price as of: Sep 17, 2019
  • $19.98 + $0.03 + 0.15%

MDDVX - Profile

Vitals

  • YTD Return 7.2%
  • 3 Yr Annualized Return -3.1%
  • 5 Yr Annualized Return -4.9%
  • Net Assets $18.8 B
  • Holdings in Top 10 28.3%

52 WEEK LOW AND HIGH

$19.98
$17.73
$24.20

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.97%

SALES FEES

  • Front Load 5.25%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 36.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000

IRA

$100

Fund Classification

PRIMARY CATEGORY

  • Fund Type Open End Mutual Fund
  • Investment Style Large Value

Distributions

  • YTD Total Return 7.2%
  • 3 Yr Annualized Total Return 8.3%
  • 5 Yr Annualized Total Return 3.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.61%
DIVIDENDS
  • Dividend Yield 0.6%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name BlackRock Equity Dividend Fund
  • Fund Family Name BlackRock
  • Inception Date Oct 21, 1994
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager Tony DeSpirito

Fund Description

The BlackRock Equity Dividend Fund Investor A Shares (MDDVX) is an actively managed mutual fund that focuses on high total returns, with income as a key factor in those returns. The fund focuses its attention on U.S. dividend-paying equities. MDDVX uses fundamental analysis to find companies that have a history or the potential for significant dividend growth over the longer term. The fund prefers large-cap multinational companies.

Given its low costs and focus on equity income, MDDVX makes an ideal subcore position in a broader equity portfolio. The fund is internally managed by BlackRock.

MDDVX - Performance

Return Ranking - Trailing

Period MDDVX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.2% -41.1% 51.9% 71.75%
1 Yr -16.5% -60.3% 82.9% 90.39%
3 Yr -3.1%* -35.6% 33.7% 87.16%
5 Yr -4.9%* -30.8% 27.2% 84.22%
10 Yr 2.9%* -12.5% 30.0% 75.94%

* Annualized


Return Ranking - Calendar

Period MDDVX Return Category Return Low Category Return High Rank in Category (%)
2018 -17.9% -100.0% 23.6% 77.89%
2017 0.9% -55.3% 69.8% 81.55%
2016 7.4% -56.6% 80.1% 40.94%
2015 -15.9% -48.9% 22.5% 86.01%
2014 2.6% -87.7% 249.9% 38.18%

Total Return Ranking - Trailing

Period MDDVX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.2% -41.1% 51.9% 71.88%
1 Yr -6.5% -60.3% 82.9% 65.04%
3 Yr 8.3%* -35.6% 33.7% 31.22%
5 Yr 3.1%* -30.8% 27.2% 50.38%
10 Yr 8.1%* -12.5% 30.0% 53.13%

* Annualized


Total Return Ranking - Calendar

Period MDDVX Return Category Return Low Category Return High Rank in Category (%)
2018 -7.4% -100.0% 23.6% 36.56%
2017 16.5% -55.3% 69.8% 38.45%
2016 16.0% -56.6% 80.1% 17.79%
2015 -14.9% -48.9% 30.8% 91.42%
2014 9.0% -87.7% 249.9% 30.71%

NAV & Total Return History

MDDVX - Holdings

Concentration Analysis

MDDVX Category Low Category High MDDVX % Rank
Net Assets 18.8 B 459 K 98.8 B 8.54%
Number of Holdings 102 2 6107 41.62%
Net Assets in Top 10 5.47 B -664 M 26.3 B 7.57%
Weighting of Top 10 28.33% 0.0% 20474.3% 60.41%

Top 10 Holdings

  1. Verizon Communications Inc 3.87%

  2. JPMorgan Chase & Co 3.68%

  3. Wells Fargo & Co 3.47%

  4. Citigroup Inc 3.37%

  5. Bank of America Corporation 2.83%

  6. Medtronic PLC 2.49%

  7. Royal Philips NV 2.24%

  8. BP PLC 2.23%

  9. American International Group Inc 2.09%

  10. Anthem Inc 2.06%


Asset Allocation

Weighting Return Low Return High MDDVX % Rank
Stocks
91.85% -45.78% 100.29% 20.27%
Cash
8.16% -6.52% 7388.76% 66.76%
Preferred Stocks
0.00% -0.89% 12.28% 74.59%
Other
0.00% -7288.76% 38.16% 72.97%
Convertible Bonds
0.00% -0.23% 16.29% 71.49%
Bonds
0.00% -106.39% 42.16% 77.03%

Stock Sector Breakdown

Weighting Return Low Return High MDDVX % Rank
Financial Services
25.71% -6.05% 76.37% 5.78%
Healthcare
17.08% -26.86% 78.72% 9.22%
Technology
10.82% -54.35% 70.29% 57.36%
Energy
9.35% -7.00% 69.83% 10.04%
Consumer Defense
9.35% -78.39% 50.87% 18.98%
Industrials
6.91% -21.11% 57.35% 55.02%
Communication Services
5.89% -95.92% 42.32% 10.87%
Utilities
2.49% -18.94% 72.91% 29.57%
Consumer Cyclical
2.12% -18.86% 241.63% 81.57%
Basic Materials
2.11% -78.19% 70.91% 54.06%
Real Estate
0.00% -31.66% 60.83% 79.50%

Stock Geographic Breakdown

Weighting Return Low Return High MDDVX % Rank
US
72.81% -24.97% 79.95% 46.49%
Non US
19.04% -64.08% 100.29% 14.46%

MDDVX - Expenses

Operational Fees

MDDVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.97% 0.05% 15.15% 78.94%
Management Fee 0.55% 0.00% 2.88% 20.95%
12b-1 Fee 0.25% 0.00% 1.00% 45.32%
Administrative Fee N/A 0.01% 1.12% N/A

Sales Fees

MDDVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.25% 0.00% 5.75% 74.05%
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

MDDVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% N/A

Turnover 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.

MDDVX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 36.00% 0.00% 5191.00% 39.92%

MDDVX - Distributions

Dividend Yield Analysis

MDDVX Category Low Category High MDDVX % Rank
Dividend Yield 0.58% 0.00% 14.36% 25.14%

Dividend Distribution Analysis

MDDVX Category Low Category High Category Mode
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

MDDVX Category Low Category High MDDVX % Rank
Net Income Ratio 1.61% -14.30% 4.32% 16.60%

Capital Gain Distribution Analysis

MDDVX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

MDDVX - Managers

Tony DeSpirito

Manager

Start Date

Tenure

Tenure Rank

Aug 04, 2014

5.08

5.1%

Mr. DeSpirito has been a Managing Director of BlackRock, Inc. since 2014. Prior to joining BlackRock in August 2014, for the last 18 years Tony had been with Pzena Investment Management where he was Managing Principal, Portfolio Manager and a member of the firm’s Executive Committee. Prior to joining Pzena Investment Management in 1996, Mr. DeSpirito was an Associate in the Corporate Department at the Boston based law firm of Ropes & Gray LLP. At Ropes & Gray, he advised clients in the direct television, financial services, fitness, packaging films, retail, software, and wire and cable industries. Mr. DeSpirito earned a B.S. summa cum laude from the Wharton School of the University of Pennsylvania in 1990 and a J.D. magna cum laude from Harvard Law School in 1993. "


Franco Tapia

Manager

Start Date

Tenure

Tenure Rank

Aug 31, 2017

2.0

2.0%

Franco F. Tapia is a Managing Director of BlackRock, Inc. since 2016. Prior to that, Mr. Tapia is a Senior Equity Research Analyst and Portfolio Manager at Pzena Investment Management from 2006 to 2016. He earned a B.A. in Economics with honors from Harvard University, and an M.B.A. from the Wharton School of the University of Pennsylvania where he was named a Palmer Scholar. Mr. Tapia holds the Chartered Financial Analyst designation.


David Zhao

Manager

Start Date

Tenure

Tenure Rank

Aug 31, 2017

2.0

2.0%

Jointly and primarily responsible for the day-to-day management of the Fund’s portfolio including setting the Fund’s overall investment strategy and overseeing the management of the Fund


Tenure Analysis

Category Low

0.0

Category High

33.52

Category Average

7.55

Category Mode

5.92