BlackRock Latin America Inv A
- MDLTX
- Price as of: Jan 22, 2021
-
$44.55
N/A N/A
- Primary Theme
- Latin America Equity
- Fund Company
- BlackRock
- Share Class
MDLTX - Snapshot
Vitals
- YTD Return -2.9%
- 3 Yr Annualized Return -2.0%
- 5 Yr Annualized Return 8.4%
- Net Assets $89.3 M
- Holdings in Top 10 49.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 1.74%
SALES FEES
- Front Load 5.25%
- Deferred Load N/A
BROKERAGE FEES
- Turnover 54.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $1,000
- IRA N/A
Fund Classification
-
Primary Theme
Latin America Equity
- Fund Type Open End Mutual Fund
- Investment Style Latin America Stock
MDLTX - Profile
Distributions
- YTD Total Return -2.9%
- 3 Yr Annualized Total Return -3.7%
- 5 Yr Annualized Total Return 7.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.56%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameBlackRock Latin America Fund, Inc.
-
Fund Family NameBlackRock
-
Inception DateSep 27, 1991
-
Shares OutstandingN/A
-
Share ClassA
-
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.
MDLTX - Performance
Return Ranking - Trailing
Period | MDLTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -2.9% | -7.3% | -1.8% | 32.00% |
1 Yr | -17.2% | -21.4% | 1.0% | 52.00% |
3 Yr | -2.0%* | -2.8% | 10.2% | 91.30% |
5 Yr | 8.4%* | 7.5% | 22.8% | 90.91% |
10 Yr | -4.0%* | -5.6% | 1.5% | 65.00% |
* Annualized
Return Ranking - Calendar
Period | MDLTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | -18.2% | -22.4% | 1.0% | 52.00% |
2019 | 16.3% | 10.2% | 47.4% | 75.00% |
2018 | -4.7% | -14.7% | -2.6% | 28.57% |
2017 | 26.7% | 9.7% | 48.5% | 63.16% |
2016 | 22.8% | 16.7% | 61.2% | 68.42% |
Total Return Ranking - Trailing
Period | MDLTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -2.9% | -7.3% | -1.8% | 32.00% |
1 Yr | -21.6% | -25.4% | 1.0% | 88.00% |
3 Yr | -3.7%* | -3.7% | 10.2% | 100.00% |
5 Yr | 7.2%* | 7.2% | 22.8% | 100.00% |
10 Yr | -4.5%* | -5.6% | 1.5% | 75.00% |
* Annualized
Total Return Ranking - Calendar
Period | MDLTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | -18.2% | -22.4% | 1.0% | 52.00% |
2019 | 16.3% | 10.2% | 47.4% | 75.00% |
2018 | -4.7% | -14.7% | -2.6% | 28.57% |
2017 | 27.8% | 9.7% | 48.5% | 47.37% |
2016 | 24.2% | 18.4% | 61.2% | 68.42% |
NAV & Total Return History
MDLTX - Holdings
Concentration Analysis
MDLTX | Category Low | Category High | MDLTX % Rank | |
---|---|---|---|---|
Net Assets | 89.3 M | 2.36 M | 6.55 B | 76.00% |
Number of Holdings | 57 | 33 | 166 | 36.00% |
Net Assets in Top 10 | 44.4 M | 895 K | 3.68 B | 72.00% |
Weighting of Top 10 | 49.63% | 28.1% | 56.2% | 76.00% |
Top 10 Holdings
- Vale SA ADR 9.00%
- Bank Bradesco SA ADR 6.04%
- Petroleo Brasileiro SA Petrobras ADR 5.15%
- B3 SA - Brasil Bolsa Balcao 5.01%
- B3 SA - Brasil Bolsa Balcao 5.01%
- B3 SA - Brasil Bolsa Balcao 5.01%
- B3 SA - Brasil Bolsa Balcao 5.01%
- B3 SA - Brasil Bolsa Balcao 5.01%
- B3 SA - Brasil Bolsa Balcao 5.01%
- B3 SA - Brasil Bolsa Balcao 5.01%
Asset Allocation
Weighting | Return Low | Return High | MDLTX % Rank | |
---|---|---|---|---|
Stocks | 99.37% | 68.62% | 100.28% | 48.00% |
Cash | 0.60% | -0.28% | 17.08% | 52.00% |
Bonds | 0.03% | 0.00% | 14.31% | 16.00% |
Preferred Stocks | 0.00% | 0.00% | 0.65% | 76.00% |
Other | 0.00% | 0.00% | 0.78% | 76.00% |
Convertible Bonds | 0.00% | 0.00% | 0.00% | 76.00% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MDLTX % Rank | |
---|---|---|---|---|
Financial Services | 27.40% | 4.32% | 36.96% | 60.00% |
Basic Materials | 24.18% | 3.55% | 24.18% | 12.00% |
Energy | 9.82% | 2.03% | 12.48% | 52.00% |
Industrials | 7.46% | 1.43% | 20.32% | 68.00% |
Communication Services | 6.47% | 0.00% | 6.47% | 12.00% |
Consumer Defense | 6.27% | 4.74% | 17.86% | 76.00% |
Consumer Cyclical | 5.07% | 4.12% | 15.57% | 92.00% |
Healthcare | 4.58% | 0.00% | 15.34% | 52.00% |
Real Estate | 3.59% | 0.00% | 11.51% | 20.00% |
Technology | 3.41% | 0.47% | 9.44% | 80.00% |
Utilities | 1.76% | 0.00% | 22.58% | 48.00% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MDLTX % Rank | |
---|---|---|---|---|
Non US | 98.22% | 62.34% | 99.62% | 40.00% |
US | 1.15% | 0.00% | 9.37% | 68.00% |
MDLTX - Expenses
Operational Fees
MDLTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.74% | 0.21% | 3.46% | 20.00% |
Management Fee | 1.00% | 0.19% | 1.10% | 84.00% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 60.00% |
Administrative Fee | N/A | 0.08% | 0.25% | 88.89% |
Sales Fees
MDLTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.25% | 3.50% | 5.75% | 60.00% |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
MDLTX 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.
MDLTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 54.00% | 12.74% | 165.00% | 58.33% |
MDLTX - Distributions
Dividend Yield Analysis
MDLTX | Category Low | Category High | MDLTX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 2.77% | 88.00% |
Dividend Distribution Analysis
MDLTX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
MDLTX | Category Low | Category High | MDLTX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.56% | -0.62% | 4.26% | 40.00% |
Capital Gain Distribution Analysis
MDLTX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Dividend Payout History
Date | Amount |
---|---|
Dec 17, 2018 | $0.400 |
Dec 12, 2017 | $0.423 |
Dec 14, 2016 | $0.440 |
Dec 16, 2015 | $0.134 |
Dec 18, 2014 | $0.974 |
Dec 18, 2013 | $0.347 |
Dec 20, 2012 | $0.867 |
Dec 20, 2011 | $0.298 |
Dec 21, 2010 | $1.115 |
Dec 21, 2009 | $0.884 |
Dec 20, 2006 | $0.608 |
MDLTX - Fund Manager Analysis
Managers
Edward Kuczma
Start Date
Tenure
Tenure Rank
Dec 24, 2018
2.02
2.0%
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 |
---|---|---|---|
0.63 | 13.01 | 5.86 | 9.71 |