MDLTX: BlackRock Latin America Inv A - MutualFunds.com

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MDLTX BlackRock Latin America Inv A

  • Fund
  • MDLTX
  • Price as of: Oct 11, 2019
  • $50.16 + $1.13 + 2.31%

MDLTX - Profile

Vitals

  • YTD Return 6.7%
  • 3 Yr Annualized Return 7.4%
  • 5 Yr Annualized Return -0.5%
  • Net Assets $144 M
  • Holdings in Top 10 51.3%

52 WEEK LOW AND HIGH

$50.16
$44.77
$55.25

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.66%

SALES FEES

  • Front Load 5.25%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 48.00%

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 Latin America Stock

Distributions

  • YTD Total Return 6.7%
  • 3 Yr Annualized Total Return 5.5%
  • 5 Yr Annualized Total Return -1.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.83%
DIVIDENDS
  • Dividend Yield 0.8%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name BlackRock Latin America Fund, Inc.
  • Fund Family Name BlackRock
  • Inception Date Sep 27, 1991
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager Edward M. 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 6.7% 6.0% 25.0% 93.75%
1 Yr 10.8% 4.5% 28.3% 75.00%
3 Yr 7.4%* 4.5% 10.4% 78.57%
5 Yr -0.5%* -4.9% 1.6% 76.92%
10 Yr -0.4%* -6.1% 0.2% 30.77%

* Annualized


Return Ranking - Calendar

Period MDLTX Return Category Return Low Category Return High Rank in Category (%)
2018 -4.7% -12.5% -2.6% 42.86%
2017 26.7% 26.6% 28.6% 76.92%
2016 22.8% 16.7% 29.9% 53.85%
2015 -30.9% -32.7% -30.9% 8.33%
2014 -11.5% -26.9% -11.4% 16.67%

Total Return Ranking - Trailing

Period MDLTX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.7% 6.0% 25.0% 93.75%
1 Yr 5.0% 4.5% 28.3% 87.50%
3 Yr 5.5%* 4.5% 10.4% 85.71%
5 Yr -1.6%* -4.9% 1.6% 84.62%
10 Yr -0.9%* -6.1% 0.2% 38.46%

* Annualized


Total Return Ranking - Calendar

Period MDLTX Return Category Return Low Category Return High Rank in Category (%)
2018 -4.7% -11.4% -2.6% 42.86%
2017 27.8% 26.6% 30.6% 53.85%
2016 24.2% 18.4% 29.9% 53.85%
2015 -30.7% -32.7% -29.8% 58.33%
2014 -9.5% -26.9% -9.2% 16.67%

NAV & Total Return History

MDLTX - Holdings

Concentration Analysis

MDLTX Category Low Category High MDLTX % Rank
Net Assets 144 M 10.9 M 559 M 88.24%
Number of Holdings 66 32 66 17.65%
Net Assets in Top 10 73.6 M 3.26 M 335 M 88.24%
Weighting of Top 10 51.25% 27.0% 55.7% 64.71%

Top 10 Holdings

  1. Itau Unibanco Holding SA ADR 8.92%

  2. Bank Bradesco SA ADR 6.51%

  3. Petroleo Brasileiro SA Petrobras ADR 5.27%

  4. Petroleo Brasileiro SA Petrobras ADR 4.69%

  5. Ambev SA ADR 4.65%

  6. America Movil SAB de CV ADR 4.37%

  7. Fomento Economico Mexicano SAB de CV ADR 4.35%

  8. Vale SA ADR 4.32%

  9. Grupo Financiero Banorte SAB de CV Class O 4.15%

  10. B3 SA - Brasil Bolsa Balcao 4.03%


Asset Allocation

Weighting Return Low Return High MDLTX % Rank
Stocks
98.15% 54.16% 99.91% 52.94%
Cash
1.77% 0.10% 37.99% 58.82%
Bonds
0.08% 0.00% 7.84% 23.53%
Preferred Stocks
0.00% 0.00% 0.00% 94.12%
Other
0.00% 0.00% 0.00% 94.12%
Convertible Bonds
0.00% 0.00% 0.00% 94.12%

Stock Sector Breakdown

Weighting Return Low Return High MDLTX % Rank
Financial Services
28.98% 16.50% 41.72% 64.71%
Consumer Defense
12.23% 7.09% 18.51% 52.94%
Energy
11.82% 0.00% 11.82% 17.65%
Basic Materials
9.86% 1.48% 15.75% 23.53%
Consumer Cyclical
9.37% 4.09% 28.99% 52.94%
Industrials
6.65% 3.81% 13.72% 58.82%
Utilities
6.61% 0.00% 10.61% 41.18%
Communication Services
4.98% 0.00% 4.98% 17.65%
Healthcare
4.17% 0.00% 15.39% 52.94%
Real Estate
2.23% 0.00% 6.89% 29.41%
Technology
1.21% 0.04% 5.80% 76.47%

Stock Geographic Breakdown

Weighting Return Low Return High MDLTX % Rank
Non US
97.46% 48.87% 98.32% 52.94%
US
0.69% 0.69% 5.29% 94.12%

MDLTX - Expenses

Operational Fees

MDLTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.66% 0.95% 2.65% 37.50%
Management Fee 1.00% 0.69% 1.17% 52.94%
12b-1 Fee 0.25% 0.00% 1.00% 50.00%
Administrative Fee 0.25% 0.10% 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 1.50% 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.

MDLTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 48.00% 25.70% 203.00% 31.25%

MDLTX - Distributions

Dividend Yield Analysis

MDLTX Category Low Category High MDLTX % Rank
Dividend Yield 0.80% 0.00% 2.11% 58.82%

Dividend Distribution Analysis

MDLTX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Annually Annually

Dividend Payout History


Net Income Ratio Analysis

MDLTX Category Low Category High MDLTX % Rank
Net Income Ratio 0.83% -0.87% 2.45% 62.50%

Capital Gain Distribution Analysis

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

MDLTX - Managers

Edward M. Kuczma

Manager

Start Date

Tenure

Tenure Rank

Dec 24, 2018

0.77

0.8%

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

0.59

Category High

6.75

Category Average

4.53

Category Mode

6.75