Equity

BACCX

Energy Opportunities Fund

  • NAV as of Apr 03, 2025 $12.74
    52 WK: 12.04 - 14.11
  • 1 Day NAV Change as of Apr 03, 2025 -0.85 (-6.27%)
  • NAV Total Return as of Apr 03, 2025 YTD: 2.33%

On January 13, 2020, the BlackRock Energy & Resources Portfolio (the “Target Fund”) was reorganized into the BlackRock All-Cap Energy & Resources Portfolio (the “Acquiring Fund”), and shareholders of the Target Fund received shares of the Acquiring Fund. The reorganization was not subject to approval by shareholders. Immediately following the reorganization, the Acquiring Fund changed its name to the BlackRock Energy Opportunities Fund. Please refer to the Combined Prospectus/Information Statement for more information.

Overview

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Performance

Performance

  1y 3y 5y 10y
Total Return (%) 1.17 7.87 23.07 3.08
Return w/ Sales Charge (%) 0.18 7.87 23.07 3.08
Benchmark (%) 3.01 9.01 24.10 4.99
Morningstar Category Avg. (%) -5.88 3.44 28.55 0.96
Morningstar Ranking 36/77 29/68 57/66 29/59
Morningstar Quartile 2 2 4 3
Lipper Ranking 25/64 7/58 23/54 30/49
Lipper Quartile 2 1 2 3
  YTD 1m 3m 1y 3y 5y 10y
Total Return (%) 8.35 4.57 8.35 1.17 25.51 182.37 35.43
Return w/ Sales Charge (%) 7.35 3.57 7.35 0.18 25.51 182.37 35.43
Benchmark (%) 10.08 4.61 10.08 3.01 29.55 194.36 62.81
Morningstar Category Avg. (%) 1.42 0.74 1.42 -5.88 10.68 251.01 10.05
  2020 2021 2022 2023 2024
Total Return (%) -30.19 41.93 42.13 1.81 3.12
Annual w/ Sales Charge (%) -30.87 40.93 41.13 0.82 2.12
Benchmark (%) -31.46 40.09 46.01 2.54 2.70
Morningstar Category Avg. (%) -24.54 44.81 45.02 1.61 1.17

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

Size of Fund (Millions)
as of Apr 03, 2025
$289.5 M
Share Class launch date
Feb 16, 2005
Benchmark Index
MSCI World Energy Index (USD)
Morningstar Category
Equity Energy
CUSIP
091937318
Open to New Investors
Yes
Size of Class (Millions)
as of Apr 03, 2025
$17.7 M
Asset Class
Equity
Distribution Frequency
Annual
Lipper Classification
Global Natural Resources
Max Offer Price
as of Apr 03, 2025
$12.74
Turnover Percent in the Annual Report
as of May 31, 2024
35%

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of Feb 28, 2025
30
P/E Ratio - Forward
as of Feb 28, 2025
13.03
Average Market Cap (Millions)
as of -
-
Fund Standard Deviation (3y)
as of Mar 31, 2025
21.48
Best 3-Month Return Over the Last 3 Years
3 months ending May 31, 2022
20.70%
Active Share
as of Feb 28, 2025
31.71%
P/B Ratio
as of Feb 28, 2025
1.87
Alpha (3y)
as of Mar 31, 2025
-0.07
R-Squared (3y)
as of Mar 31, 2025
99.20
Beta (3y)
as of Mar 31, 2025
0.97
Worst 3-Month Return Over the Last 3 Years
3 months ending Aug 31, 2022
-8.58%

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 2.10%
Net Expense Ratio 2.04%

Net Expense Ratio excluding Investment Related Expenses is 2.04%

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

Ratings

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 Feb 28, 2025 out of 58, 12,253, 58, 11 and 58 Funds, respectively in Lipper's Global Natural Resources classification.

Holdings

Holdings

as of Feb 28, 2025
Name Weight (%)
EXXON MOBIL CORP 19.28
CHEVRON CORP 10.70
SHELL PLC 9.64
TOTALENERGIES SE 4.67
WILLIAMS COMPANIES INC 4.32
Name Weight (%)
BP PLC 4.20
EOG RESOURCES INC 4.01
CHENIERE ENERGY INC 3.50
CONOCOPHILLIPS 3.48
TARGA RESOURCES CORP 3.26
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 Feb 28, 2025

% of Market Value

as of Feb 28, 2025

% of Market Value

as of Feb 28, 2025

% of Market Value

as of Feb 28, 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

Alastair Bishop
Alastair Bishop
Mark Hume
Mark Hume
Portfolio Manager

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Carefully consider the Funds' investment objectives, risk factors, and charges and expenses before investing. This and other information can be found in the Funds' prospectuses or, if available, the summary prospectuses, which may be obtained by visiting the iShares ETF and BlackRock Fund prospectus pages. Read the prospectus carefully before investing. Investing involves risk, including possible loss of principal.

The Funds are distributed by BlackRock Investments, LLC (together with its affiliates, “BlackRock”).

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