Equity

BRGAX

iShares Russell 1000 Large-Cap Index Fund

  • NAV as of Nov 15, 2024 $37.48
    52 WK: 28.68 - 38.34
  • 1 Day NAV Change as of Nov 15, 2024 -0.50 (-1.32%)
  • NAV Total Return as of Nov 15, 2024 YTD: 23.82%

Overview

Investment Approach

Invests in a portfolio of assets whose performance seeks to match the performance of the Russell 1000® Index.
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Performance

Performance

  1y 3y 5y 10y
Total Return (%) 35.25 10.48 15.25 12.69
Benchmark (%) 35.68 10.83 15.64 13.10
Morningstar Category Avg. (%) 34.47 7.47 13.62 11.46
Morningstar Ranking 612/1414 675/1292 466/1189 277/895
Morningstar Quartile 2 3 2 2
Lipper Category Avg. (%) 34.44 10.45 14.76 12.19
Lipper Ranking 351/681 322/619 252/569 170/438
Lipper Quartile 3 3 2 2
  YTD 1m 3m 1y 3y 5y 10y
Total Return (%) 20.88 2.12 6.01 35.25 34.85 103.33 230.36
Benchmark (%) 21.18 2.14 6.08 35.68 36.13 106.83 242.57
Morningstar Category Avg. (%) 18.05 -1.09 2.93 34.47 33.61 95.08 205.79
Lipper Category Avg. (%) 20.38 1.77 5.25 34.44 34.87 99.56 217.62
  2019 2020 2021 2022 2023
Total Return (%) 30.98 20.45 25.99 -19.38 26.15
Benchmark (%) 31.43 20.96 26.45 -19.13 26.53
Morningstar Category Avg. (%) 28.78 15.83 26.07 -16.96 22.32

Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.
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Key Facts

Key Facts

Net Assets
as of Nov 15, 2024
$100,453,302
Share Class launch date
Mar 31, 2011
Benchmark Index
Russell 1000 Index
Morningstar Category
Large Blend
CUSIP
066923103
Open to New Investors
Yes
Net Assets of Fund
as of Nov 15, 2024
$1,562,074,840
Asset Class
Equity
Distribution Frequency
Quarterly
Lipper Classification
Large-Cap Core Funds
Max Offer Price
as of Nov 15, 2024
$37.48
Turnover Percent in the Annual Report
as of Dec 31, 2023
13.00%

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of Oct 31, 2024
1,010
P/B Ratio
as of Oct 31, 2024
4.74
Average Market Cap (Millions)
as of -
-
Fund Standard Deviation (3y)
as of Oct 31, 2024
17.34
Best 3-Month Return Over the Last 3 Years
3 months ending Jan 31, 2024
16.28%
P/E Ratio
as of Oct 31, 2024
27.75
Alpha (3y)
as of Oct 31, 2024
-0.03
R-Squared (3y)
as of Oct 31, 2024
100.00
Beta (3y)
as of Oct 31, 2024
1.00
Worst 3-Month Return Over the Last 3 Years
3 months ending Jun 30, 2022
-16.71%
This information must be preceded or accompanied by a current prospectus. For standardized performance, please see the Performance section above.

Sustainability Characteristics

Sustainability Characteristics

To be included in MSCI ESG Fund Ratings, 65% (or 50% for bond funds and money market funds) of the fund’s gross weight must come from securities with ESG coverage by MSCI ESG Research (certain cash positions and other asset types deemed not relevant for ESG analysis by MSCI are removed prior to calculating a fund’s gross weight; the absolute values of short positions are included but treated as uncovered), the fund’s holdings date must be less than one year old, and the fund must have at least ten securities. MSCI Ratings are currently unavailable for this fund.

Business Involvement

Business Involvement

Business Involvement metrics can help investors gain a more comprehensive view of specific activities in which a fund may be exposed through its investments.


Business Involvement metrics are not indicative of a fund’s investment objective, and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’s investable universe. For more information regarding a fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodology behind the Business Involvement metrics, using links below.

MSCI - Controversial Weapons
as of Oct 31, 2024
0.66%
MSCI - Nuclear Weapons
as of Oct 31, 2024
0.42%
MSCI - Civilian Firearms
as of Oct 31, 2024
0.01%
MSCI - Tobacco
as of Oct 31, 2024
0.57%
MSCI - UN Global Compact Violators
as of Oct 31, 2024
0.00%
MSCI - Thermal Coal
as of Oct 31, 2024
0.00%
MSCI - Oil Sands
as of Oct 31, 2024
0.00%
Business Involvement Coverage
as of Oct 31, 2024
99.37%
Percentage of Fund not covered
as of Oct 31, 2024
0.63%
BlackRock business involvement exposures as shown above for Thermal Coal and Oil Sands are calculated and reported for companies that generate more than 5% of revenue from thermal coal or oil sands as defined by MSCI ESG Research. For the exposure to companies that generate any revenue from thermal coal or oil sands (at a 0% revenue threshold), as defined by MSCI ESG Research, it is as follows: Thermal Coal 0.00% and for Oil Sands 1.72%.

Business Involvement metrics are calculated by BlackRock using data from MSCI ESG Research which provides a profile of each company’s specific business involvement. BlackRock leverages this data to provide a summed up view across holdings and translates it to a fund's market value exposure to the listed Business Involvement areas above.


Business Involvement metrics are designed only to identify companies where MSCI has conducted research and identified as having involvement in the covered activity. As a result, it is possible there is additional involvement in these covered activities where MSCI does not have coverage. This information should not be used to produce comprehensive lists of companies without involvement. Business Involvement metrics are only displayed if at least 1% of the fund’s gross weight includes securities covered by MSCI ESG Research.

Fees

Fees

as of current prospectus
Gross Expense Ratio 0.35%
Net Expense Ratio 0.35%

Net Expense Ratio excluding Investment Related Expenses is 0.35%

  • Acquired Fund Fees and Expenses 0.00%
  • Interest expense 0.00%

Ratings

Ratings

Morningstar Medalist Rating

Morningstar Medalist Rating - SILVER
Morningstar has awarded the Fund a Silver medal. (Effective Sep 30, 2024)
Analyst-Driven % as of Sep 30, 2024
100.00
Data Coverage % as of Sep 30, 2024
100.00

Lipper Leader

 
 
 
 
 
Overall Lipper Leaders ratings based on an equal-weighted average of percentile ranks for each measure over 3-, 5-, and 10-year periods (if applicable) and do not take into account the effects of sales charges for these categories (Consistent Return, Preservation, Total Return, Expense, and Tax Efficiency) as of Oct 31, 2024 out of 612, 12,312, 612, 143 and 612 Funds, respectively in Lipper's Large-Cap Core Funds classification.

Holdings

Holdings

as of Oct 31, 2024
Name Weight (%)
APPLE INC 6.23
NVIDIA CORPORATION 5.89
MICROSOFT CORPORATION 5.73
ALPHABET INC 3.52
AMAZON.COM INC 3.28
Name Weight (%)
META PLATFORMS INC 2.36
BERKSHIRE HATHAWAY INC 1.56
BROADCOM INC 1.46
TESLA INC 1.32
ELI LILLY AND COMPANY 1.26
Name Market Value Weight (%) Shares
Holdings are subject to change. Fund holdings and allocations shown are unaudited, and may not be representative of current or future investments. Holdings shown should not be deemed as a recommendation to buy or sell securities. The user relies on this data at its own risk and neither BlackRock nor any other party makes any representations or express or implied warranties (which are expressly disclaimed) nor shall they incur any liability for any errors or omissions in the data.

Exposure Breakdowns

Exposure Breakdowns

as of Oct 31, 2024

% of Market Value

Type Fund Benchmark Net
as of Oct 31, 2024

% of Market Value

Type Fund Benchmark Net
Negative weightings may result from specific circumstances (including timing differences between trade and settle dates of securities purchased by the funds) and/or the use of certain financial instruments, including derivatives, which may be used to gain or reduce market exposure and/or risk management.

Allocations are subject to change.

Portfolio Managers

Portfolio Managers

Paul Whitehead
Paul Whitehead
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Paul Whitehead, Managing Director, is the Deputy Head of Index Equity Investments with responsibility for Global Index Asset Allocation, Transition Management (TRIM), and Americas Portfolio Management within BlackRock’s Global Markets & Index Investments (“BGM”).

 

Mr. Whitehead's service with the firm dates back to 1996, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. Prior to assuming his current role , Mr. Whitehead was Global Head of Equity Trading, Global Head of Transition Management and Head of Americas Equity Trading. Previously, he managed the trading team responsible for all Institutional Index funds, Exchange Traded funds, and Transition Management mandates.

 

Mr. Whitehead earned a BS degree in economics at the University of Colorado in 1993.

Jennifer Hsui
Jennifer Hsui
Read More

Jennifer Hsui, CFA, Managing Director, is Global Head of Index Equity Investments within BlackRock Global Markets & Index Investments ("BGM"). She leads the team responsible for delivering investment quality across roughly $5 trillion of BlackRock’s equity index funds and ETFs.

 

Ms. Hsui's service with the firm dates back to 2006, including her years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. Prior to her current role, Ms. Hsui was CIO and co-Head of Index Equity, with responsibility for setting direction, establishing policy, and guiding investment decisions across Index Equity products. Prior to joining BGI, she worked as an equity research analyst covering the medical devices industry at RBC Capital Markets.

 

Ms. Hsui earned a BS degree in economics and biology from the University of California, Berkeley.

Portfolio Manager

Literature

Literature

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