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BlackRock Equity Dividend Fund Institutional Shares MADVX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See BlackRock Investment Hub

Morningstar’s Analysis MADVX

Will MADVX outperform in the 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 MADVX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MADVX 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 MADVX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A new lead manager, but sufficient continuity should keep the process intact.

Analyst Drew Carter

Drew Carter

Analyst

Summary

The pending retirement of BlackRock Equity Dividend’s longtime lead manager and a replacement from outside the firm creates some uncertainty here, leading to a People rating downgrade to Average from Above Average. But incoming lead manager Cem Inal plans to stick to the winning process, warranting some optimism that this strategy can continue to deliver. The Process rating remains at Above Average, keeping this strategy in the attractive range, depending on fees.

by Drew Carter
Rated on Published on

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