# BlackRock Mid-Cap Growth Equity Portfolio (BMGAX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/bmgax for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: BlackRock · Asset class: Equity - Strategy: Actively Managed · Inception: 1996-12-27 The BlackRock Mid-Cap Growth Equity Portfolio typically dedicates a substantial portion of its capital, specifically a minimum of 80% of its net assets, to equity securities. These are shares of U.S. companies with medium market capitalizations, which the portfolio's management identifies as having robust, above-average potential for earnings growth. The fund's advisor generally benchmarks these mid-cap companies, at the time of investment, against those found within the Russell Midcap® Growth Index for market capitalization comparability. While its primary focus is on common stock, the por... ## Key Facts | Metric | Value | |---|---| | Price | $24.31 | | Expense Ratio | 1.05% | | AUM (All Share Classes) | $4.04B | | NAV | $23.87 | | Holdings Count | 63 | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | $11.15 /share | | Distribution Frequency | Semi-Annual | | 52-Week Range | $23.47 – $37.42 | | Beta | 1.31 | ## Latest Distribution - Amount: $5.2681 /share - Ex-date: 2026-07-22 - Pay date: 2026-07-23 ## Frequently Asked Questions ### What does BMGAX invest in? The BlackRock Mid-Cap Growth Equity Portfolio typically dedicates a substantial portion of its capital, specifically a minimum of 80% of its net assets, to equity securities. These are shares of U.S. companies with medium market capitalizations, which the portfolio's management identifies as having robust, above-average potential for earnings growth. The fund's advisor generally benchmarks these mid-cap companies, at the time of investment, against those found within the Russell Midcap® Growth Index for market capitalization comparability. While its primary focus is on common stock, the portfolio also maintains the flexibility to invest in preferred stock, convertible securities, and various other equity-related instruments. ### What is the expense ratio of BMGAX? BlackRock Mid-Cap Growth Equity Portfolio (BMGAX) charges an expense ratio of 1.05%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is BMGAX? BlackRock Mid-Cap Growth Equity Portfolio (BMGAX) is one share class of a fund that manages $4.04B across all of its share classes (BMGCX, BMGKX, BMRRX, CMGIX report 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 BMGAX actively managed or an index fund? BMGAX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (BMGAX's is 1.05%) in exchange for the discretion to over- or under-weight positions. ### When was BMGAX launched? BlackRock Mid-Cap Growth Equity Portfolio (BMGAX) launched in December 1996 and is managed by BlackRock. ### How has BMGAX performed? BMGAX'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. ### Does BMGAX pay a dividend? BlackRock Mid-Cap Growth Equity Portfolio (BMGAX) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does BMGAX pay dividends? BlackRock Mid-Cap Growth Equity Portfolio pays dividends Semi-Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is BMGAX's dividend yield? BMGAX's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is BMGAX's next ex-dividend date? The most recently announced ex-dividend date for BMGAX was 2026-07-22. The next ex-date typically follows Semi-Annual; once announced it appears at the top of the dividend history table on this page. ### How much will BMGAX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.05% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does BMGAX charge its expense ratio? The expense ratio is deducted in tiny daily slices from BMGAX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does BMGAX cost more than a fund like VOO? BMGAX is actively managed (current expense ratio 1.05%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether BMGAX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to BMGAX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as BMGAX (1.05%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/bmgax - Distribution history: https://www.dividenddata.com/funds/bmgax/dividend - Holdings & diversification: https://www.dividenddata.com/funds/bmgax/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/bmgax/expenses - Peer comparison: https://www.dividenddata.com/funds/bmgax/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.