BlackRock Total Factor employs a standard approach to factor investing across multiple asset classes. Changes to the team’s roster introduce uncertainty around its ability to innovate going forward, driving a Morningstar Analyst Rating downgrade to Neutral from Bronze for all share classes.
Will BSTIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable BSTIX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the BSTIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of BSTIX’s parent organization’s priorities and whether they’re in line with investors’ interests.