Read the prospectus carefully before investing. Having managed value equity assets since , Mr. DeSpirito earned a BS degree in economics with a concentration in finance, summa cum laude, from the Wharton School of the University of Pennsylvania in , and a JD degree, magna cum laude, from Harvard Law School in Professionally managed pool of securities that seeks to track a rules-based index. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains.
In such instances, the relevant share class-specific fee is applied to the synthetic, pre-inception performance to show how the share class would have performed had it existed over the time period shown. When evaluating fund performance, it is important to note that it does not represent actual performance of such share class.
All performance after inception of the share class is actual performance. For details regarding which funds and share classes leverage synthetic, pre-inception performance, please visit this page. Fund details, holdings and characteristics are as of the date noted and subject to change.
Yields are based on income earned for the period cited and on the Fund's NAV at the end of the period. Some BlackRock funds make distributions of ordinary income and capital gains at calendar year end. Those distributions temporarily cause extraordinarily high yields. There is no assurance that a fund will repeat that yield in the future.
Subsequent monthly distributions that do not include ordinary income or capital gains in the form of dividends will likely be lower. Our Company and Sites. Index performance returns do not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index. Past performance does not guarantee future results.
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.
See the fund prospectus for more details. Fund expenses, including management fees and other expenses were deducted. Data reflects different methodology from the BlackRock calculated returns in the Returns tab. Had sales charge been included, returns would have been lower. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including 12b-1 fees, management fees and other expenses were deducted.
Performance for other share classes will vary. Distributions Interactive chart displaying fund performance. Interactive chart displaying fund performance. Share Class launch date Jan 03, Morningstar Category Large Value. Lipper Classification Equity Income Funds. Distribution Frequency How often a distribution is paid by the fund. The most common distribution frequencies are annually, biannually and quarterly.
Number of Holdings as of Dec 31, Open to New Investors Yes. Negative book values are excluded from this calculation and holding price to book ratios over 25 are set to The ratio represents a weighted harmonic mean of the forward price-to-earnings ratios of its holdings with negative values being excluded from the calculation.
Average Market Cap Millions The average size of the securities the fund invests in. Alpha 3y Alpha is calculated at the portfolio level. A measure of performance on a risk-adjusted basis. Alpha takes the volatility price risk of a mutual fund and compares its risk-adjusted performance to a benchmark index. The excess return of the fund relative to the return of the benchmark index is a fund's alpha.
R-Squared 3y as of Dec 31, Beta 3y as of Dec 31, 0. Fund Standard Deviation 3y as of Dec 31, Active Share Active Share measures the percentage of fund holdings that is different from the benchmark holdings at a point in time. Active Share levels can vary depending on the underlying benchmark and investment universe.
Funds with more concentrated benchmarks or smaller investment universes will typically have lower Active Share.
Active Share is not indicative of future performance or a measure of expected return deviation from the benchmark. Fees Fees as of current prospectus.
Lipper Leader Lipper Leader Ratings. Preservation Equity Dividend Fund received the following Preservation ratings for the 3-, 5-, and year periods, respectively: Preservation ratings are relative, rather than absolute, measures, and funds named Lipper Leaders for Preservation may still experience losses periodically; those losses may be larger for equity and mixed equity funds than for fixed income funds.
Overall Lipper Leaders ratings based on an equal-weighted average of percentile ranks for each measure over 3-, 5-, and year periods if applicable and do not take into account the effects of sales charges for these categories Consistent Return, Preservation, Total Return, Expense, and Tax Efficiency as of Dec 31, out of , 12,, , and Funds, respectively in Lipper's Equity Income Funds classification.
Holdings Holdings Top as of Dec 31, Transactions in shares of ETFs will result in brokerage commissions and will generate tax consequences. All regulated investment companies are obliged to distribute portfolio gains to shareholders. Diversification and asset allocation may not protect against market risk or loss of principal. None of these companies make any representation regarding the advisability of investing in the Funds. All other marks are the property of their respective owners.
Our Company and Sites. United States Select location. ETFs and the markets Getting real: ETFs and the markets The index in your index fund The index in your index fund. Play Icon Created with Sketch. How index funds have revolutionized investing The growth of ETFs and index mutual funds has transformed investing, setting a new market standard.
We are at the forefront of index innovation, and aim to deliver any market exposure that is investable and rules-based. BlackRock is trusted to manage more money than any other investment firm. We are focused on helping investors of all sizes build more cost efficient index portfolios.
Precise and consistent exposures are critical to delivering superior indexing. What to know about index funds Round out your knowledge of indexing, ETFs and index mutual funds. Index funds are still a small portion of stock and bond markets Index funds have plenty of room to grow. Room to grow Source: