# BlackRock Emerging Markets Fund, Inc. (MDDCX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/mddcx 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: Passive Index · Inception: 1994-10-21 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. ## Key Facts | Metric | Value | |---|---| | Price | $30.61 | | Expense Ratio | 1.12% | | Assets Under Management | $1.51B | | NAV | $30.61 | | Holdings Count | 72 | | Distribution Yield (TTM) | 7.16% | | Annual Distribution (TTM) | $2.19 /share | | Distribution Frequency | Semi-Annual | | 52-Week Range | $27.04 – $38.67 | | Beta | 1.18 | ## Latest Distribution - Amount: $1.0778 /share - Ex-date: 2026-07-22 - Pay date: 2026-07-23 ## Frequently Asked Questions ### 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 $1.51B 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. ### Does MDDCX pay a dividend? BlackRock Emerging Markets Fund, Inc. (MDDCX) currently distributes little or no income. Trailing-twelve-month yield is 7.16%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does MDDCX pay dividends? BlackRock Emerging Markets Fund, Inc. 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 MDDCX's dividend yield? MDDCX's trailing-twelve-month yield is 7.16%, calculated from the sum of dividends over the past year divided by the current price. ### When is MDDCX's next ex-dividend date? The most recently announced ex-dividend date for MDDCX 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 MDDCX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.12% 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 MDDCX charge its expense ratio? The expense ratio is deducted in tiny daily slices from MDDCX'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 MDDCX cost more than a fund like VOO? MDDCX is a passive index fund (current expense ratio 1.12%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to MDDCX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as MDDCX (1.12%) 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/mddcx - Distribution history: https://www.dividenddata.com/funds/mddcx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/mddcx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/mddcx/expenses - Peer comparison: https://www.dividenddata.com/funds/mddcx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.