- What does BACAX invest in?
- This portfolio commits a significant portion, specifically at least 80% of its total capital, to the equity shares of companies worldwide engaged in the energy and natural resources industries. Its scope also extends to businesses supporting these sectors, along with public utility providers across various services such as gas, water, cable, electricity, and telecommunications. The fund further emphasizes a concentrated approach by dedicating over 25% of its assets specifically to energy or natural resource enterprises. While it has complete flexibility to invest in companies located anywhere globally, it typically allocates its holdings across a minimum of three different countries and targets companies with economic connections to multiple international economies. This is classified as a non-diversified investment vehicle.
- What is the expense ratio of BACAX?
- BlackRock Fds, All-Cap Energy & Resources Ptf Investor A Class (BACAX) charges an expense ratio of 1.31%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is BACAX?
- BlackRock Fds, All-Cap Energy & Resources Ptf Investor A Class (BACAX) manages $330.0M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is BACAX actively managed or an index fund?
- BACAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was BACAX launched?
- BlackRock Fds, All-Cap Energy & Resources Ptf Investor A Class (BACAX) launched in February 2005 and is managed by BlackRock / iShares.
- How has BACAX performed?
- BACAX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
