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Morningstar

BlackRock Event Driven Equity Inv A BALPX

Morningstar Medalist Rating
Medalist Rating as of | See BlackRock Investment Hub
  • NAV / 1-Day Return 9.46  /  +0.11 %
  • Total Assets 5.4 Bil
  • Adj. Expense Ratio
    1.510%
  • Expense Ratio 1.510%
  • Distribution Fee Level Average
  • Share Class Type Front Load
  • Category Event Driven
  • Alt Style Correlation / Relative Volatility High/Low
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 1.93%
  • Turnover 33%

USD | NAV as of Apr 22, 2024 | 1-Day Return as of Apr 22, 2024, 10:10 PM GMT+0

Morningstar’s Analysis BALPX

Will BALPX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable BALPX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the BALPX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of BALPX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A strong team steeped in event-driven investing.

Associate Director Adam Millson

Adam Millson

Associate Director

Summary

The BlackRock Event Driven strategy, which includes a U.S. mutual fund and its UCITs sibling, benefits from an experienced investment team, ample resources, and a robust investment approach. The cheapest share classes earn a Morningstar Analyst Rating of Bronze, while the more expensive shares are Neutral.

by Adam Millson
Rated on Published on

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Portfolio Holdings BALPX

More BALPX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 4.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

BlackRock Liquidity T-Fund Instl

61.37 3.4 Bil
Cash and Equivalents

Pioneer Natural Resources Co

6.20 342.7 Mil
Energy

Hess Corp

3.79 209.6 Mil
Energy

iShares iBoxx $ High Yield Corp Bd ETF

3.67 202.8 Mil
—

Howmet Aerospace Inc

3.63 200.9 Mil
Industrials

SPDR® Blmbg High Yield Bd ETF

2.89 160.0 Mil
—

United States Steel Corp

2.33 128.6 Mil
Basic Materials

Catalent Inc

1.93 107.0 Mil
Healthcare

Albertsons Companies Inc Class A

1.55 85.6 Mil
Consumer Defensive

Danaher Corp

1.36 75.1 Mil
Healthcare