With over $3.15 trillion worth of assets under management, BlackRock is one of the world’s leading asset management firms. The company offers a range of risk management, strategic advisory and enterprise investment system services to institutional, intermediary as well as individual investors. Its offerings range from individual and institutional separate accounts, mutual funds and other pooled investment options. BlackRock aims to provide a wide range of investment solutions, helping investors strike a balance between risk and opportunities.
Below we will share with you 5 top rated BlackRock mutual funds. Each has earned a Zacks #1 Rank (Strong Buy) as we expect these mutual funds to outperform their peers in the future. To view the Zacks Rank and past performance of all BlackRock funds, then click here.
BlackRock Value Opportunities A (MDSPX) seeks long-term capital appreciation. The fund looks to invest in small and emerging companies whose securities are attractively priced. It seeks out smaller companies which have the ability to corner a specific market niche. The fund has a ten year annualized return of 4.78%.
The BlackRock mutual fund has a minimum initial investment of $1,000 and an expense ratio of 1.35% compared to a category average of 1.43%.
BlackRock Latin America A (MDLTX) invests the majority of its assets in equity securities of companies with a wide range of market capitalizations located in Latin America. It may also purchase debt securities issued by governments, related agencies and financial institutions. The fund has a five year annualized return of 22.7%.
William Landers is the fund manager and he has managed this BlackRock mutual fund since 2002.
BlackRock High Income A (MDHIX) seeks current income with capital growth as a secondary objective. It invests heavily in fixed income securities. These are generally rated relatively low by at least one recognized rating agency. It may also purchase unrated securities of comparable value. The fund has a three year annualized return of 6.13%.
The BlackRock mutual fund has a minimum initial investment of $1,000 and an expense ratio of 0.97% compared to a category average of 1.20%.
BlackRock Natural Resources A (MDGRX) invests the majority of its assets in equity securities of companies whose assets consist of natural resources to a substantial degree. The fund may also invest in securities whose value is related to the market value of a natural asset. The fund returned 11.17% over the last one year period.
As of July 2010, this BlackRock mutual fund held 98 issues, with 10.11% of its total assets invested in BlackRock Liquidity TempFund Instl.
BlackRock Government Income A (CCGAX) seeks capital growth and current income. Government bonds constitute the fund’s major investments. The fund selects bonds with the highest ratings and maturity periods ranging from 10 to 15 years. It also invests in mortgages guaranteed by the U.S. government and its agencies. The fund has a three year annualized return of 6.54%.
Andrew J. Phillips is the fund manager and he has managed this BlackRock mutual fund since 1999.
To view the Zacks Rank and past performance of all BlackRock mutual funds, then click here.
About Zacks Mutual Fund Rank
By applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward. Learn more about the Zacks Mutual Fund Rank at http://www.zacks.com/funds/mutualfund/
