A deep bench backs BlackRock Advantage International, but its research has not borne fruit consistently in this iteration. Most of its share classes earn a Morningstar Analyst Rating of Bronze, while the pricier C and R share classes are Neutral.
BlackRock Advantage International Instl BROIX
NAV / 1-Day Return
18.55
/
1.59
%
Total Assets
1.1 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.500%
Expense Ratio
0.500%
Fee Level
Low
Longest Manager Tenure
3.72
years
Category
Foreign Large Blend
Investment Style
Large BlendMin. Initial Investment
2,000,000
Status
Open
TTM Yield
1.68%
Turnover
131%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will BROIX 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 BROIX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the BROIX 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 BROIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
An impressive bench applies a reasonable approach, but its exposures differ from its typical peer's.
