Multi Asset

BZOAX

BlackRock College Advantage 529 - College

Buy BZOAX
  • NAV as of Dec 23, 2024 $12.96
    52 WK: 12.16 - 13.04
  • 1 Day NAV Change as of Dec 23, 2024 0.00 (0.00%)
  • NAV Total Return as of Dec 23, 2024 YTD: 6.23%

Overview

Investment Approach

A simple way to invest for education. A professionally managed portfolio of diversified investments that adjusts over time.
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Performance

Performance

  1y 3y 5y 10y Incept.
Total Return (%) 9.48 1.71 3.87 - 3.85
Return w/ Sales Charge (%) 6.19 0.68 3.24 - 3.38
Benchmark (%) 8.88 1.16 3.21 - 3.42
  YTD 1m 3m 1y 3y 5y 10y Incept.
Total Return (%) 6.07 0.70 2.94 9.48 5.20 20.94 - 29.40
Return w/ Sales Charge (%) 2.88 -2.32 -0.15 6.19 2.05 17.31 - 25.52
Benchmark (%) 5.35 0.80 2.85 8.88 3.53 17.11 - 25.83
  2019 2020 2021 2022 2023
Total Return (%) 10.38 9.13 4.69 -8.63 6.74
Annual w/ Sales Charge (%) 7.07 5.86 1.55 -11.37 3.53
Benchmark (%) 10.16 7.55 4.52 -9.23 6.43

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 Dec 23, 2024
$1,235.8 M
Share Class launch date
Dec 01, 2017
Benchmark Index
Ohio College Custom Benchmark (USD)
Max Offer Price
as of Dec 23, 2024
$13.36
Size of Class (Millions)
as of Dec 23, 2024
$1,161.7 M
Asset Class
Multi Asset
CUSIP
67776G469
Open to New Investors
Yes
Expenses as of current program description

Portfolio Characteristics

Portfolio Characteristics

Alpha (3y)
as of Nov 30, 2024
0.06
Modified Duration
as of Nov 29, 2024
1.42 yrs
Fund Standard Deviation (3y)
as of Nov 30, 2024
4.70
Effective Duration
as of Nov 29, 2024
1.41 yrs
Average Market Cap (Millions)
as of -
-
R-Squared (3y)
as of Nov 30, 2024
98.58
Beta (3y)
as of Nov 30, 2024
0.99
Weighted Avg Maturity
as of Nov 29, 2024
1.66 yrs
This information must be preceded or accompanied by a current program description. For standardized performance, please see the Performance section above.

ESG Integration

ESG Integration

BlackRock considers many investment risks in our processes. In order to seek the best risk-adjusted returns for our clients, we manage material risks and opportunities that could impact portfolios, including financially material Environmental, Social and/or Governance (ESG) data or information, where available. See our Firm Wide ESG Integration Statement for more information on this approach and fund documentation for how these material risks are considered within this product, where applicable.

Fees

Fees

as of current program description
Gross Expense Ratio 0.64%
Net Expense Ratio 0.64%

Net Expense Ratio excluding Investment Related Expenses is 0.39%

  • Acquired Fund Fees and Expenses 0.25%
  • Interest expense 0.00%

Holdings

Holdings

Name Market Value Weight (%) Shares
as of Nov 29, 2024
Name Weight (%)
ISHARES 1-3 YEAR TREASURY BOND ETF 42.14
ISHARES SHORT TREASURY BOND ETF 29.97
DIVERSIFIED FIXED INCOME CLASS I 8.07
DIVERSIFIED EQUITY FUND - CA INST 6.15
BLK TACTICAL OPPORTUNITIES INST CL 4.53
Name Weight (%)
BLK ADV INTL INST CLASS 2.34
ISHARES CURRENCY HEDGED MSCI JAPAN 1.10
BLK ADV LG CAP CORE INSTL CLASS 0.97
ISHARES RUSSELL 1000 VALUE ETF TRU 0.95
ISHARES CORE US AGGREGATE BOND ETF 0.85
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 Nov 29, 2024

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
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

Philip Green
Philip Green
Head of Global Tactical Asset Allocation Team, Multi-Asset Strategies & Solutions

  

Read More

Phil Green, Managing Director, is the head of the Global Tactical Asset Allocation team within BlackRock's Multi-Asset Strategies & Solutions (MASS) group. The GTAA team manages multi-asset macro investment strategies including the Tactical Opportunities Fund and Sustainable Balanced Fund and custom mandates for institutional clients around the world.

 

Phil’s service with the firm dates back to 1999, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. Prior to joining MLIM, Phil was a portfolio manager at Bankers Trust Company.

Phil earned an MBA from the Stern School of Business of New York University and a BS in economics from the Wharton School of the University of Pennsylvania.

 

Phil is the author of many articles on investing, some of which have been published in the Financial Analysts Journal, Journal of Foreign Exchange & Money Markets, and the Journal of Investing.

 

Multi-Asset Strategies & Solutions (MASS) meets client demand for active asset allocation strategies and whole portfolio solutions through funds, model portfolios, and more. MASS draws on the toolkit of BlackRock's index, factor, and alpha-seeking capabilities to deliver cutting-edge insights and investment outcomes.

Portfolio Manager

Literature

Literature

 

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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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