Multi Asset

BIEEX

BlackRock GA Dynamic Equity Fund

  • NAV as of Apr 23, 2025 $15.85
    52 WK: 14.61 - 17.60
  • 1 Day NAV Change as of Apr 23, 2025 0.21 (1.34%)
  • NAV Total Return as of Apr 23, 2025 YTD: -4.69%
  • Morningstar Rating

As disclosed in a public supplement which was filed on February 20th, BlackRock has received board approval to reorganize the BlackRock GA Dynamic Equity Fund into the iShares Dynamic Equity Active ETF. BlackRock expects the reorganization to close in Q3 2025. Please click here to view a supplement which discloses additional detail on the conversion.

Overview

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Performance

Performance

  YTD 1m 3m 1y 3y 5y 10y Incept.
Total Return (%) -2.77 -4.94 -2.77 4.80 20.91 107.01 - 99.66
Benchmark (%) -1.79 -4.45 -1.79 7.04 24.51 111.20 - 114.46
Morningstar Category Avg. (%) -0.34 -3.37 -0.34 4.75 19.32 92.04 - -
  2020 2021 2022 2023 2024
Total Return (%) 21.47 18.24 -17.55 17.71 18.80
Benchmark (%) 15.90 21.82 -18.14 23.79 18.67
Morningstar Category Avg. (%) 12.96 17.72 -16.67 18.12 13.38

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.


* The performance information for periods prior to the inception date of the Institutional Shares are based on the Fund’s Class K Shares (which was previously an undesignated share class of the Fund), adjusted to reflect the fees and expenses applicable to the Institutional Shares. Please see the fund prospectus for more details.

Click here for Distribution data

Key Facts

Key Facts

Size of Fund (Millions)
as of Apr 23, 2025
$1,423.9 M
Share Class launch date
Nov 30, 2018
Benchmark Index
MSCI World Net TR Index
Morningstar Category
Global Large-Stock Blend
CUSIP
561656885
Open to New Investors
No
Size of Class (Millions)
as of Apr 23, 2025
$1,422.8 M
Asset Class
Multi Asset
Distribution Frequency
Annual
Lipper Classification
Global Large-Cap Core
Max Offer Price
as of Apr 23, 2025
$15.85
Turnover Percent in the Annual Report
as of Apr 30, 2024
74.00%

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of Mar 31, 2025
103
P/E Ratio - Forward
as of Mar 31, 2025
20.25
Best 3-Month Return Over the Last 3 Years
3 months ending Jan 31, 2024
13.17%
P/B Ratio
as of Mar 31, 2025
3.81
Average Market Cap (Millions)
as of -
-
Worst 3-Month Return Over the Last 3 Years
3 months ending Jun 30, 2022
-14.71%
This information must be preceded or accompanied by a current prospectus. For standardized performance, please see the Performance section above.

Fees

Fees

as of current prospectus
Gross Expense Ratio 0.66%
Net Expense Ratio 0.57%

Net Expense Ratio excluding Investment Related Expenses is 0.55%

  • Acquired Fund Fees and Expenses 0.02%
  • Interest expense 0.00%

Ratings

Morningstar Rating

4 stars
Overall Morningstar Rating for BlackRock GA Dynamic Equity Fund, as of Mar 31, 2025 rated against 305 Global Large-Stock Blend Funds based on risk adjusted total return.

Morningstar Medalist Rating

Morningstar Medalist Rating - BRONZE
Morningstar has awarded the Fund a Bronze medal. (Effective Feb 28, 2025)
Analyst-Driven % as of Feb 28, 2025
55.00
Data Coverage % as of Feb 28, 2025
98.00

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 Mar 31, 2025 out of 128, 12,247, 128, 74 and 128 Funds, respectively in Lipper's Global Large-Cap Core classification.

Holdings

Holdings

as of Dec 31, 2024
Name Weight (%)
MICROSOFT CORP 5.43
MICROSOFT CORPORATION 5.03
NVIDIA CORP 4.19
AMAZON COM INC 4.10
NVIDIA CORPORATION 3.88
Name Weight (%)
APPLE INC 3.86
AMAZON.COM INC 3.80
ALPHABET INC CLASS C 3.53
ALPHABET INC 3.27
META PLATFORMS INC CLASS A 2.49
as of Mar 31, 2025
Name Weight (%)
MICROSOFT CORP 3.40
APPLE INC 3.27
AMAZON COM INC 2.90
ALPHABET INC CLASS C 2.74
NVIDIA CORP 2.73
Name Weight (%)
META PLATFORMS INC CLASS A 2.12
ELI LILLY 1.89
JPMORGAN CHASE & CO 1.73
MARSH & MCLENNAN INC 1.70
COSTCO WHOLESALE CORP 1.60
Detailed Holdings and Analytics
Holdings are subject to change. Fund holdings and allocations shown are unaudited, and may not be representative of current or future investments. The Fund is actively managed and its details, holdings and characteristics will vary. 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 Mar 31, 2025

% of Market Value

Show More
as of Mar 31, 2025

% of Market Value

as of Mar 31, 2025

% of Market Value

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

Rick Rieder
Rick Rieder
Chief Investment Officer of Global Fixed Income

        

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Rick Rieder, Senior Managing Director, is BlackRock's Chief Investment Officer of Global Fixed Income, Head of the Fundamental Fixed Income business and Head of the Global Allocation Investment Team.

 

Responsible for managing roughly $2.4 trillion in assets, Mr. Rieder is a member of BlackRock’s Global Executive Committee (GEC) and its GEC Investment Sub-Committee. He also is Chairman of the firm-wide BlackRock Investment Council.

 

Mr. Rieder currently serves on the Alphabet/Google Investment Advisory Committee and the UBS Research Advisory Board. He was nominated for Outstanding Portfolio Manager by Morningstar in 2021, was awarded the Global Unconstrained Fixed Income Manager of the Year for 2015 by Institutional Investor, was nominated for Fixed Income Manager of the Year by Institutional Investor for 2014 and was inducted into the Fixed Income Analysts Society Fixed Income Hall of Fame in 2013.

 

Mr. Rieder has served as Vice Chairman and member of the Borrowing Committee for the U.S. Treasury and member of the Federal Reserve’s Investment Advisory Committee on Financial Markets.

 

Before joining BlackRock in 2009, Mr. Rieder was President and Chief Executive Officer of R3 Capital Partners. From 1987 to 2008, he was with Lehman Brothers where he was head of the firm's Global Principal Strategies team, a global proprietary investment platform. He was also global head of the firm's credit businesses, Chairman of the Corporate Bond and Loan Capital Commitment Committee and a member of the Board of Trustees for the corporate pension fund. Before joining Lehman Brothers, Mr. Rieder was a credit analyst at SunTrust Banks in Atlanta.

 

Mr. Rieder earned a BBA degree in Finance from Emory University in 1983 and an MBA degree from The Wharton School of the University of Pennsylvania in 1987. He is a member of the board of Emory University, Emory's Goizueta Business School, and the University's Finance Committee, and is the Vice Chairman of the Investment Committee. Mr. Rieder is founder and chairman of the Goizueta Business School's BBA investment fund and community financial literacy outreach program, Graduation Generation. Mr. Rieder serves as Chairman and President of the Board of Education for North Star Academy's fourteen Charter Schools in Newark, NJ. He is on the Board of the BlackRock Foundation, the Board of Advisors for the Hospital for Special Surgery, and the Board of Big Brothers/Big Sisters of Newark and Essex County. Mr. Rieder formerly served on the Board and National Leadership Council of the Communities in Schools Educational Foundation in Atlanta, and Trustee for the U.S. Olympic Foundation. Mr. Rieder was honored at the Choose Success Awards ceremony in Atlanta in 2015 for his dedication to public education in Atlanta through CIS and Graduation Generation.

Randy Berkowitz
Randy Berkowitz
Russ Koesterich, CFA, JD
Russ Koesterich, CFA, JD

  

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Russ Koesterich, CFA, JD, Managing Director and portfolio manager, is a member of the Global Allocation team and the lead portfolio manager of the GA Selects Model Portfolios.

 

Mr. Koesterich's service with BlackRock dates back to 2005, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. He joined the BlackRock Global Allocation team in 2016 as Head of Asset Allocation and was named a portfolio manager of the fund in 2017. Previously, he was BlackRock's Global Chief Investment Strategist and Chairman of the Investment Committee for the Model Portfolio Solutions business, and formerly served as the Global Head of Investment Strategy for scientific active equities and as senior portfolio manager in the US Market Neutral Group. Prior to joining BGI, Mr. Koesterich was the Chief North American Strategist at State Street Bank and Trust. He began his investment career at Instinet Research Partners where he occupied several positions in research, including Director of Investment Strategy for both U.S. and European research, and Equity Analyst. He is a frequent contributor to financials news media.

 

Mr. Koesterich earned a BA in history from Brandeis University, a JD from Boston College and an MBA from Columbia University. He is a CFA® Charterholder.

Sarah Thompson
Sarah Thompson
Portfolio Manager

Literature

Literature