- What does BMGKX invest in?
- This fund allocates a minimum of 80% of its net assets to stocks issued by U.S. companies with medium market capitalizations. The investment team seeks out businesses that they believe offer considerable potential for stronger-than-average earnings expansion. The fund's advisor typically defines these mid-cap entities as those whose market values, at the time of initial purchase, are comparable to the companies found within the Russell Midcap® Growth Index. While the portfolio primarily comprises common stock, it also has the flexibility to include preferred stock, convertible securities, and other types of equity instruments.
- What is the expense ratio of BMGKX?
- BlackRock Mid-Cap Growth Equity K (BMGKX) charges an expense ratio of 0.73%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is BMGKX?
- BlackRock Mid-Cap Growth Equity K (BMGKX) is one share class of a fund that manages $4.04B across all of its share classes (BMGAX, BMGCX, 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 BMGKX actively managed or an index fund?
- BMGKX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (BMGKX's is 0.73%) in exchange for the discretion to over- or under-weight positions.
- When was BMGKX launched?
- BlackRock Mid-Cap Growth Equity K (BMGKX) launched in January 2000 and is managed by BlackRock.
- How has BMGKX performed?
- BMGKX'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.
