# BlackRock Mid-Cap Growth Equity Portfolio Institutional Shares (CMGIX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/cmgix 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 This fund primarily allocates at least 80% of its net assets to common stock and other equity instruments issued by U.S. companies of medium market capitalization. The investment management team targets businesses they believe possess the capacity for above-average earnings expansion. For investment purposes, the fund's advisor generally considers mid-capitalization companies to be those with market valuations aligned with firms included in the Russell Midcap® Growth Index at the time of purchase. While concentrating on common stock, the fund also has the flexibility to invest in preferred... ## Key Facts | Metric | Value | |---|---| | Price | $31.07 | | Expense Ratio | 0.80% | | AUM (All Share Classes) | $4.04B | | NAV | $30.51 | | Holdings Count | 63 | | Distribution Yield (TTM) | 36.04% | | Annual Distribution (TTM) | $11.20 /share | | Distribution Frequency | Semi-Annual | | 52-Week Range | $30.00 – $44.45 | | Beta | 1.30 | ## Latest Distribution - Amount: $5.2681 /share - Ex-date: 2026-07-22 - Pay date: 2026-07-23 ## Frequently Asked Questions ### What does CMGIX invest in? This fund primarily allocates at least 80% of its net assets to common stock and other equity instruments issued by U.S. companies of medium market capitalization. The investment management team targets businesses they believe possess the capacity for above-average earnings expansion. For investment purposes, the fund's advisor generally considers mid-capitalization companies to be those with market valuations aligned with firms included in the Russell Midcap® Growth Index at the time of purchase. While concentrating on common stock, the fund also has the flexibility to invest in preferred stock, convertible securities, and other types of equity. ### What is the expense ratio of CMGIX? BlackRock Mid-Cap Growth Equity Portfolio Institutional Shares (CMGIX) charges an expense ratio of 0.80%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is CMGIX? BlackRock Mid-Cap Growth Equity Portfolio Institutional Shares (CMGIX) is one share class of a fund that manages $4.04B across all of its share classes (BMGAX, BMGCX, BMGKX, BMRRX 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 CMGIX actively managed or an index fund? CMGIX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (CMGIX's is 0.80%) in exchange for the discretion to over- or under-weight positions. ### When was CMGIX launched? BlackRock Mid-Cap Growth Equity Portfolio Institutional Shares (CMGIX) launched in December 1996 and is managed by BlackRock. ### How has CMGIX performed? CMGIX'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 CMGIX pay a dividend? BlackRock Mid-Cap Growth Equity Portfolio Institutional Shares (CMGIX) currently distributes little or no income. Trailing-twelve-month yield is 36.04%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does CMGIX pay dividends? BlackRock Mid-Cap Growth Equity Portfolio Institutional Shares 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 CMGIX's dividend yield? CMGIX's trailing-twelve-month yield is 36.04%, calculated from the sum of dividends over the past year divided by the current price. ### When is CMGIX's next ex-dividend date? The most recently announced ex-dividend date for CMGIX 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 CMGIX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.80% 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 CMGIX charge its expense ratio? The expense ratio is deducted in tiny daily slices from CMGIX'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 CMGIX cost more than a fund like VOO? CMGIX is actively managed (current expense ratio 0.80%). 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 CMGIX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to CMGIX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as CMGIX (0.80%) 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/cmgix - Distribution history: https://www.dividenddata.com/funds/cmgix/dividend - Holdings & diversification: https://www.dividenddata.com/funds/cmgix/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/cmgix/expenses - Peer comparison: https://www.dividenddata.com/funds/cmgix/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.