BlackRock Inc. is one of the world’s largest asset management firms. With over $3.792 trillion worth of assets under management across all spectrums of financial assets and a geographical reach in over 30 countries it caters to all investor classes through a wide range of products and services. The company has strong risk management practices in place and seasoned portfolio management teams through which they seek to generate sustainable wealth for their investors.
Below we will share with you 5 top rated BlackRock funds. Each has earned a Zacks #1 Rank (Strong Buy) as we expect the fund to outperform its peers in the future. To view the Zacks Rank and past performance of all BlackRock funds, investors can click here to see the complete list of funds.
BlackRock Energy & Resources A (SSGRX) seeks capital appreciation on a long term basis. The majority of its assets are invested in small cap companies related to sectors like global energy, natural resources and utilities. Usually the investment is parked in at least three countries. The fund has a three year annualized return of 3.31%.
The BlackRock mutual fund has a minimum initial investment of $1,000 and an expense ratio of 1.33% compared to a category average of 1.53%.
BlackRock All-Cap Energy & Resources Investor A (BACAX) invests the majority of its assets in equity securities of global energy and natural resources companies and companies in related businesses. A minimum of 25% of its assets are invested in energy or natural resources firms. The fund has a three year annualized return of 3.48%.
Poppy Allonby is the fund manager and he has managed this BlackRock mutual fund since 2013.
BlackRock High Yield Bond A (BHYAX) seeks maximum total return. The fund invests a large share of its assets in high yielding junk bonds in order to maximize total returns. The fund may invest a maximum of 30% of its assets in non U.S denominated foreign bonds primarily to generate returns. The fund has a three year annualized return of 10.25%.
As of July 2013, this Blackrock mutual fund held 887 issues, with 1.69% of its total assets invested in Hilton Worldwide Inc Mezzanine F F-7a.
BlackRock World Income A (MDWIX) invests a minimum of 90% assets in fixed income securities. The fund may also invest all its assets in junk bonds. Investments are made in both domestic and foreign companies. The fund has a three year annualized return of 3.16%.
The BlackRock mutual fund has a minimum initial investment of $1,000 and an expense ratio of 1.23% compared to a category average of 1.08%.
BlackRock Natural Resources A (MDGRX) seeks capital appreciation. The fund focuses on purchasing equity securities of companies with significant natural resources assets. It may also invest in instruments whose value depends on the market value of a particular natural resource asset. The fund has a three year annualized return of 7.45%.
Robert M. Shearer is the fund manager and he has managed this BlackRock mutual fund since 1997.
To view the Zacks Rank and past performance of all BlackRock funds, investors can click here to see the complete list of funds.
About Zacks Mutual Fund Rank
By applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward. Learn more about the Zacks Mutual Fund Rank at http://www.zacks.com/funds.
Read the analyst report on SSGRXRead the analyst report on BACAXRead the analyst report on BHYAXRead the analyst report on MDWIXRead the analyst report on MDGRX
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