- What does MDDCX invest in?
- The fund primarily commits a minimum of 80% of its net assets, plus any leveraged capital, to equity securities issued by companies situated in evolving capital market countries. These nations are commonly found in regions such as Asia, Latin America, Eastern Europe, and Africa. For classification purposes, "developing capital markets" broadly includes, but is not confined to, all the countries listed in the MSCI Emerging Markets Index. Typically, the portfolio maintains investments in no fewer than three distinct countries simultaneously.
- What is the expense ratio of MDDCX?
- BlackRock Emerging Markets Fund, Inc. (MDDCX) charges an expense ratio of 1.12%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is MDDCX?
- BlackRock Emerging Markets Fund, Inc. (MDDCX) 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 MDDCX actively managed or an index fund?
- MDDCX 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 (MDDCX's is 1.12%) because there's no security selection cost.
- When was MDDCX launched?
- BlackRock Emerging Markets Fund, Inc. (MDDCX) launched in October 1994 and is managed by BlackRock.
- How has MDDCX performed?
- MDDCX'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.
