BlackRock Emerging Markets Fund, Inc.

Frequently Asked Questions About MADCX

What does MADCX invest in?

This fund typically commits a minimum of 80% of its net assets, plus any borrowed capital utilized for investment, to equity instruments issued by companies located in developing economies. These developing economies are broadly situated across regions including Asia, Latin America, Eastern Europe, and Africa. In this context, the definition of developing capital markets encompasses, but is not exclusively confined to, the markets of all countries that constitute the MSCI Emerging Markets Index. Furthermore, the fund typically allocates capital to a minimum of three distinct countries simultaneously.

What is the expense ratio of MADCX?

BlackRock Emerging Markets Fund, Inc. (MADCX) charges an expense ratio of 0.87%. This is the annual fee deducted from fund assets to cover management and operations.

How big is MADCX?

BlackRock Emerging Markets Fund, Inc. (MADCX) manages $1.50B 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 MADCX actively managed or an index fund?

MADCX is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (MADCX's is 0.87%) because there's no security selection cost.

When was MADCX launched?

BlackRock Emerging Markets Fund, Inc. (MADCX) launched in September 1989 and is managed by BlackRock.

How has MADCX performed?

MADCX'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.