BlackRock Basic Value Fund Investor C (MCBAX) seeks capital appreciation and, secondarily, income by investing in securities, primarily equity securities, that the management of the fund believes are undervalued and therefore represent basic investment value. Fund management places particular emphasis on companies with below average price/earnings ratios that may pay above average dividends. The fund purchases primarily common stock of U.S. companies in trying to meet its goals. The fund also invests in foreign securities. The fund focuses on companies with market capitalizations of over $5 billion.
This Large Value product has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 4.6% and 5 year 10.4%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
MCBAX’s performance, as of the last filing, when compared to funds in its category was in the top 85% over the past 1 year, and in the top 85% over the past 3 years and in the top 71% over the past 5 years.
The BlackRock Basic Value Fund Investor C, as of the last filing, allocates their fund in two major group; Large Value and Large Growth. Further, as of the last filing, Citigroup Inc (NYSE:C), Qualcomm (NASDAQ:QCOM) Inc and Jpmorgan Chase & Co were the top holdings for MCBAX.
This Zacks Rank #4 (Sell) was incepted in July 1977 and is managed by BlackRock. MCBAX carries an expense ratio of 1.62% and requires a minimal initial investment of $1,000.
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Zacks Investment Research