BlackRock Event Driven Equity Inv A

Frequently Asked Questions About BALPX

What does BALPX invest in?

Ordinarily, the fund allocates a minimum of 80% of its total assets (including any borrowed funds for investment) to stocks and equity-linked derivative instruments. Its investment approach is event-driven, concentrating primarily on companies that have either publicly disclosed or are anticipated by BlackRock to undergo significant corporate changes.

What is the expense ratio of BALPX?

BlackRock Event Driven Equity Inv A (BALPX) charges an expense ratio of 1.51%. This is the annual fee deducted from fund assets to cover management and operations.

How big is BALPX?

BlackRock Event Driven Equity Inv A (BALPX) is one share class of a fund that manages $4.47B across all of its share classes (BILPX reports the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is BALPX actively managed or an index fund?

BALPX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (BALPX's is 1.51%) in exchange for the discretion to over- or under-weight positions.

When was BALPX launched?

BlackRock Event Driven Equity Inv A (BALPX) launched in December 2007 and is managed by BlackRock.

How has BALPX performed?

BALPX'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.