BlackRock Event Driven Equity Fund

Frequently Asked Questions About BILPX

What does BILPX invest in?

Typically, this fund allocates a minimum of 80% of its total assets (including any capital acquired through borrowing for investment purposes) to equity holdings and associated derivative instruments that share comparable financial profiles. To achieve its investment goals, the fund's manager employs an "event-driven" approach, predominantly investing in companies that have either publicly announced a significant operational or structural change, or those that BlackRock anticipates will undergo such a substantial transformation.

What is the expense ratio of BILPX?

BlackRock Event Driven Equity Fund (BILPX) charges an expense ratio of 1.26%. This is the annual fee deducted from fund assets to cover management and operations.

How big is BILPX?

BlackRock Event Driven Equity Fund (BILPX) manages $4.47B 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 BILPX actively managed or an index fund?

BILPX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was BILPX launched?

BlackRock Event Driven Equity Fund (BILPX) launched in December 2007 and is managed by BlackRock.

How has BILPX performed?

BILPX'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.