Equity

BALSX

U.S. Insights Long/Short Equity Fund

  • NAV as of May 13, 2025 $9.36
    52 WK: 8.60 - 11.42
  • 1 Day NAV Change as of May 13, 2025 0.01 (0.11%)
  • NAV Total Return as of May 13, 2025 YTD: -0.43%

Overview

Loading

Performance

Performance

  YTD 1m 3m 1y 3y 5y 10y Incept.
Total Return (%) -2.23 -3.37 -2.23 -7.91 - - - 12.27
Return w/ Sales Charge (%) -7.37 -8.44 -7.37 -12.74 - - - 6.38
Benchmark (%) -1.60 -2.65 -1.60 6.79 - - - 20.58
Morningstar Category Avg. (%) -0.89 -2.78 -0.89 5.02 - - - -
  2020 2021 2022 2023 2024
Total Return (%) - - - - 1.65
Annual w/ Sales Charge (%) - - - - -3.68
Benchmark (%) - - - - 14.89
Morningstar Category Avg. (%) - - - - 13.85

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.
Click here for Distribution data

Key Facts

Key Facts

Size of Fund (Millions)
as of May 14, 2025
$11.7 M
Share Class launch date
Jun 13, 2023
Benchmark Index
50/50 S&P500 and ICE BofA 3 Month Treasury Bill Index
Morningstar Category
Long-Short Equity
CUSIP
09260J559
Open to New Investors
No
Size of Class (Millions)
as of May 13, 2025
$0.3 M
Asset Class
Equity
Distribution Frequency
Annual
Lipper Classification
Alt Long/Short Equity
Max Offer Price
as of May 13, 2025
$9.88
Turnover Percent in the Annual Report
-

Portfolio Characteristics

Portfolio Characteristics

P/E Ratio - Long
as of Apr 30, 2025
0.00
P/E Ratio - Short
as of Apr 30, 2025
19.42
R-Squared (3y)
as of -
-
Market Cap - Short (Millions)
as of Apr 30, 2025
$ 60,877.7 M
Beta (3y)
as of -
-
Number of Holdings (Short)
as of Apr 30, 2025
132
P/B Ratio
as of Apr 30, 2025
3.21
Alpha (3y)
as of -
-
Market Cap - Long (Millions)
as of Apr 30, 2025
$ 0.0 M
Fund Standard Deviation (3y)
as of -
-
Number of Holdings (Long)
as of Apr 30, 2025
150
Active Share
as of -
-
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 3.14%
Net Expense Ratio 1.86%

Net Expense Ratio excluding Investment Related Expenses is 1.86%

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

Holdings

Holdings

as of Apr 30, 2025
Name Weight (%)
MICROSOFT CORPORATION 4.94
BROADCOM INC 4.01
CADENCE DESIGN SYSTEMS INC 4.01
NVIDIA CORPORATION 3.11
APPLE INC 3.05
Name Weight (%)
ALPHABET INC 2.90
COMCAST CORPORATION 2.64
FIDELITY NATIONAL FINANCIAL INC 2.57
HESS CORP 2.47
AMAZON.COM INC 2.42
as of Apr 30, 2025
Issuer Weight (%)
MICROSOFT CORPORATION 4.94
BROADCOM INC 4.01
CADENCE DESIGN SYSTEMS INC 4.01
NVIDIA CORPORATION 3.11
APPLE INC 3.05
Issuer Weight (%)
ALPHABET INC 2.90
COMCAST CORPORATION 2.64
FIDELITY NATIONAL FINANCIAL INC 2.57
HESS CORP 2.47
AMAZON.COM INC 2.42
as of Apr 30, 2025
Name Fund Weight (%)
MSCI INC -2.61
BLACKSTONE GROUP INC -2.08
FIRSTENERGY CORPORATION -2.04
INTERNATIONAL BUSINESS MACHINES CORP -1.89
DAVITA INC -1.87
Name Fund Weight (%)
MURPHY OIL CORPORATION -1.82
SOLVENTUM CORP -1.63
SHERWIN-WILLIAMS COMPANY (THE) -1.56
GFL ENVIRONMENTAL INC -1.52
ROCKWELL AUTOMATION INC -1.46
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 Apr 30, 2025

% of Market Value

Show More
as of Apr 30, 2025

% of Market Value

as of Apr 30, 2025

% of Market Value

as of Apr 30, 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

William Su
William Su
Caroline Bottinelli
Caroline Bottinelli
Managing Director

  

Read More

Caroline (Anastasi) Bottinelli, Managing Director, is a member of the Fundamental Equity division of BlackRock's Alpha Strategies Group. She is a co-portfolio manager of the BlackRock Large Cap Growth and Mid-Cap Growth funds. She is also a research analyst for the US Growth team.

 

Prior to joining BlackRock in 2016, Ms. Bottinelli completed her Masters of Business Administration degree at Harvard University. Ms. Bottinelli began her investment career as an Equity Research Associate at J.P. Morgan, focusing on the media and entertainment industry. Ms. Bottinelli holds a Bachelor of Science degree in Operations Research and Financial Engineering from Princeton University.

Travis Cooke
Travis Cooke
Managing Director, Systematic Equities
Read More

Travis Cooke, CFA, Managing Director, is Head of North American strategies within BlackRock’s Systematic investment team. In his current role, Mr. Cooke is responsible for US and Canadian long-only and long-short strategies for retail and institutional clients. Mr. Cooke's service with the firm dates back to 1999, including his years with Barclays Global Investors, where he managed US strategies within the Alpha Strategies Group.

 

Mr. Cooke holds undergraduate degree in Economics from the University of California at Santa Barbara, an MSc in finance from London Business School, and has been a CFA charter holder since 2001.

Linus Franngard
Linus Franngard
BlackRock Systematic Active Equity Investment Team

  

Read More

Linus Franngard, Managing Director, is a member of BlackRock's Systematic Active Equity Portfolio Management Group. Mr. Franngard's service with the firm dates back to 2006, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. At BGI, he was responsible for equity research. Mr. Franngard earned an MSc degree in industrial management and engineering and a BSc in economics from Lund University in Sweden.

Simon McGeough
Simon McGeough
Portfolio Manager

Literature

Literature