BlackRock Equity Dividend comanager Franco Tapia will leave the strategy and firm at the end of June 2021, but two senior comanagers and a large team remain, so its Morningstar Analyst Rating remains the same.
BlackRock Equity Dividend Instl MADVX
NAV / 1-Day Return
22.45
/
1.04
%
Total Assets
21.3 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.
0.710%
Expense Ratio
0.710%
Fee Level
Average
Longest Manager Tenure
7.12
years
Category
Large Value
Investment Style
Large ValueMin. Initial Investment
2,000,000
Status
Open
TTM Yield
1.37%
Turnover
45%
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 MADVX 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 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.
BlackRock Equity Dividend Comanager to Leave; Ratings Unchanged
