What's this about Dennis strattman leaving the fund ?
Them management ain't worth a hare's spit.
You are not looking at your returns correctly. The price has not changed in 2 years, but the payout has provided you about an 11-12% return, ie 5-6% annualized return.
i could not take it anymore after 5 and a half years of wasted money i sold and put my money into AMD in january.
So far so good this year.
Blackrock has bought itself 1 more year in my book by changing up the leadership. Another year of #$%$ poor returns and I'm out. THEIR PERFORMANCE HAS BEEN PATHETIC compared to the market the last few years. 2015: -1.05%2014: 1.88%Aldo Roldan is 1 of 3 managers that has been overseeing the performance of the fund. FIRE HIM AND THE OTHER 2 USELESS WASTES OF SPACE. Roldan joined the Blackrock team in 2006 and since then, the fund hasn't done #$%$ compared to the market. I could have invested in a fund that tracks the S&P 500 and come out with 2-3 times the PATHETIC RETURN I received from investing with Blackrock. Investors yanked $8 billion out of the fund this year. $8 billion!!! If I were a leader at Blackrock, I would immediately fire everyone responsible for this fund. Immediately. http://www.reuters.com/article/us-blackrock-fund-idUSKBN13W2WB
BlackRock adjusts leadership team for its largest mutual fund
BlackRock Inc (BLK.N) is making leadership changes to its biggest mutual fund.
I agree... I been in the downer for 5 year and nothing. What a waste!!! Every year end it drops like a rock. Can't get a straight answer when I call . I'm out!!!!
same here, sure feels like a sucker trap
I invested in this fund through a broker referral about 2 years ago and have not made a penny despite the stock market surge...does anyone know what is going on here? DId they assume a stock market crash or over-valuation and put all their funds in T-bills? I'm ready to move on!