- What does MDLRX invest in?
- The fund seeks to invest at least 80% of its net assets plus the amount of any borrowings for investment purposes in large cap equity securities and derivatives that have similar economic characteristics to such securities. The adviser primarily intends to invest in equity securities, which include common stock, preferred stock and convertible securities, or other financial instruments that are components of, or have characteristics similar to, the securities included in the Russell 1000® Index.
- What is the expense ratio of MDLRX?
- BlackRock Advantage Large Cap Core Fund (MDLRX) charges an expense ratio of 0.73%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is MDLRX?
- BlackRock Advantage Large Cap Core Fund (MDLRX) manages $4.09B 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 MDLRX actively managed or an index fund?
- MDLRX 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 (MDLRX's is 0.73%) because there's no security selection cost.
- When was MDLRX launched?
- BlackRock Advantage Large Cap Core Fund (MDLRX) launched in December 1999 and is managed by BlackRock.
- How has MDLRX performed?
- MDLRX'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.
