Returns Chart

Key Stats

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Expense Ratio Total Assets Under Management Dividend Yield Turnover Ratio
2.34% 8.248B 0.00% 63.00%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized All Time Total Returns (Daily) Max Drawdown (All)
2.497B 6.09% Upgrade Upgrade

Basic Info

Investment Strategy
The investment seeks long-term capital growth. Normally, the fund invests at least 80% of its net assets in equity securities and related derivative instruments with similar economic characteristics. It seeks to achieve its investment objective by employing an event driven strategy, primarily investing in companies that have announced a material change or in companies that the advisor expects to undergo a material change. The fund's investment in equity securities may include common stock, preferred stock, securities convertible into common stock, non-convertible preferred stock, and depositary receipts.
General
Security Type Mutual Fund
Oldest Share Symbol BILPX
Equity Style Mid Cap/Growth
Fixed Income Style --
Broad Asset Class Alternative
Broad Category Alternative
Category Name Event Driven
Category Index Morningstar Mod Con Tgt Risk TR USD
Prospectus Objective Growth
Fund Owner Firm Name BlackRock
Prospectus Benchmark Index
Russell 1000 TR USD 100.0%
Broad Asset Class Benchmark Index
^MSACWINTR 100.0%
Manager Tenure
Mark McKenna 6.16 yrs

Net Fund Flows Versus Category

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1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: --
-- Category Low
-- Category High
1 Year
% Rank: 5
2.497B
-65.36M Category Low
2.497B Category High
3 Months
% Rank: --
-- Category Low
-- Category High
3 Years
% Rank: --
-- Category Low
-- Category High
6 Months
% Rank: --
-- Category Low
-- Category High
5 Years
% Rank: --
-- Category Low
-- Category High
YTD
% Rank: --
-- Category Low
-- Category High
10 Years
% Rank: --
-- Category Low
-- Category High
As of June 30, 2021

Performance Versus Category

 
20%
15%
10%
5%
0
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Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (NAV)
--
--
--
--
--
--
--
--
Category Rtn. (NAV)
--
--
--
--
--
--
--
--
% Rank in Cat (NAV)
--
--
--
--
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As of July 23, 2021. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2014
2015
2016
2017
2018
2019
2020
YTD
9.31%
-2.45%
3.17%
6.15%
4.40%
6.28%
5.23%
1.60%
4.16%
-2.36%
7.86%
23.97%
-9.41%
26.60%
16.25%
13.51%
0.65%
-0.10%
2.57%
1.83%
1.36%
2.74%
4.66%
1.34%
2.61%
-3.90%
3.35%
3.31%
-1.38%
3.90%
-0.35%
1.57%
4.20%
-0.84%
1.04%
5.72%
-3.10%
6.36%
6.27%
2.69%
1.63%
-0.52%
2.94%
2.74%
7.98%
6.32%
5.15%
1.56%
As of July 23, 2021.

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (7-23-21) 0.00%
30-Day SEC Yield --
7-Day SEC Yield (7-23-21) Upgrade
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio 38.17
Weighted Average Price to Sales Ratio Upgrade
Weighted Average Price to Book Ratio Upgrade
Weighted Median ROE Upgrade
Weighted Median ROA Upgrade
Forecasted Dividend Yield Upgrade
Forecasted PE Ratio Upgrade
Forecasted Price to Sales Ratio Upgrade
Forecasted Price to Book Ratio Upgrade
As of June 30, 2021

Growth Estimates

Forecasted 5 Yr Earnings Growth Upgrade
Forecasted Book Value Growth Upgrade
Forecasted Cash Flow Growth Upgrade
Forecasted Earnings Growth Upgrade
Forecasted Revenue Growth Upgrade
As of June 30, 2021

Asset Allocation

As of June 30, 2021.
Type % Net % Long % Short
Cash 61.32% Upgrade Upgrade
Stock 33.02% Upgrade Upgrade
Bond 2.74% Upgrade Upgrade
Convertible 2.01% Upgrade Upgrade
Preferred 0.82% Upgrade Upgrade
Other 0.10% Upgrade Upgrade

Top 10 Holdings

Name % Weight Price % Change
BlackRock Liquidity T-Fund Instl 82.31% 1.00 0.00%
IHS Markit Ltd 6.71% 115.44 -0.10%
Maxim Integrated Products Inc 6.56% 99.28 1.18%
Alexion Pharmaceuticals Inc 5.83% 182.50 0.00%
Slack Technologies Inc Class A 5.54% 45.20 0.00%
Nuance Communications Inc 5.43% 55.15 0.20%
Xilinx Inc 5.20% 137.86 1.02%
Kansas City Southern 3.78% 271.40 0.62%
Willis Towers Watson PLC 2.99% 226.41 0.03%
Suez SA
2.86% -- --

Fees & Availability

Fees
Actual 12B-1 Fee Upgrade
Actual Management Fee Upgrade
Administration Fee --
Performance Fee --
Switching Fee --
Transaction Fee --
Maximum Front Load --
Maximum Deferred Load Upgrade
Maximum Redemption Fee --
General Availability
Available for Insurance Product No
Available for Retirement Plan No
Available for RRSP No
Purchase Details
Open to New Investors Yes
Open to Existing Investors Yes
Minimum Initial Investment Upgrade
Minimum Subsequent Investment Upgrade

Basic Info

Investment Strategy
The investment seeks long-term capital growth. Normally, the fund invests at least 80% of its net assets in equity securities and related derivative instruments with similar economic characteristics. It seeks to achieve its investment objective by employing an event driven strategy, primarily investing in companies that have announced a material change or in companies that the advisor expects to undergo a material change. The fund's investment in equity securities may include common stock, preferred stock, securities convertible into common stock, non-convertible preferred stock, and depositary receipts.
General
Security Type Mutual Fund
Oldest Share Symbol BILPX
Equity Style Mid Cap/Growth
Fixed Income Style --
Broad Asset Class Alternative
Broad Category Alternative
Category Name Event Driven
Category Index Morningstar Mod Con Tgt Risk TR USD
Prospectus Objective Growth
Fund Owner Firm Name BlackRock
Prospectus Benchmark Index
Russell 1000 TR USD 100.0%
Broad Asset Class Benchmark Index
^MSACWINTR 100.0%
Manager Tenure
Mark McKenna 6.16 yrs

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (7-23-21) 0.00%
30-Day SEC Yield --
7-Day SEC Yield (7-23-21) Upgrade
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio 38.17
Weighted Average Price to Sales Ratio Upgrade
Weighted Average Price to Book Ratio Upgrade
Weighted Median ROE Upgrade
Weighted Median ROA Upgrade
Forecasted Dividend Yield Upgrade
Forecasted PE Ratio Upgrade
Forecasted Price to Sales Ratio Upgrade
Forecasted Price to Book Ratio Upgrade
As of June 30, 2021

Growth Estimates

Forecasted 5 Yr Earnings Growth Upgrade
Forecasted Book Value Growth Upgrade
Forecasted Cash Flow Growth Upgrade
Forecasted Earnings Growth Upgrade
Forecasted Revenue Growth Upgrade
As of June 30, 2021

Fund Details

Key Dates
Inception Date 12/19/2007
Last Annual Report Date 5/31/2020
Last Prospectus Date 9/28/2020
Share Classes
BALPX A
BILPX Inst
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan No
Socially Responsible Fund No