# BlackRock Advantage Large Cap Value Fund - Class A (MDLVX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/mdlvx 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: 1999-12-22 This fund is designed to commit at least 80% of its total assets, including any borrowed capital, to large-capitalization U.S. company stocks and derivative instruments that possess similar economic traits. The portfolio manager's main approach involves investing in a range of equity-linked securities, such as common shares, preferred stock, and convertible bonds, or other financial instruments that are components of or exhibit characteristics comparable to those found in the Russell 1000 Value Index. ## Key Facts | Metric | Value | |---|---| | Price | $37.30 | | Expense Ratio | 0.79% | | Assets Under Management | $913.0M | | NAV | $37.30 (2026-10-29 close) | | Holdings Count | 281 | | Distribution Yield (TTM) | 10.36% | | Annual Distribution (TTM) | $3.86 /share | | Distribution Frequency | Semi-Annual | | 52-Week Range | $30.82 – $38.08 | | Beta | 0.82 | ## Latest Distribution - Amount: $2.5335 /share - Ex-date: 2026-07-22 - Pay date: 2026-07-23 ## Frequently Asked Questions ### What does MDLVX invest in? This fund is designed to commit at least 80% of its total assets, including any borrowed capital, to large-capitalization U.S. company stocks and derivative instruments that possess similar economic traits. The portfolio manager's main approach involves investing in a range of equity-linked securities, such as common shares, preferred stock, and convertible bonds, or other financial instruments that are components of or exhibit characteristics comparable to those found in the Russell 1000 Value Index. ### What is the expense ratio of MDLVX? BlackRock Advantage Large Cap Value Fund - Class A (MDLVX) charges an expense ratio of 0.79%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is MDLVX? BlackRock Advantage Large Cap Value Fund - Class A (MDLVX) manages $913.0M 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 MDLVX actively managed or an index fund? MDLVX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (MDLVX's is 0.79%) in exchange for the discretion to over- or under-weight positions. ### When was MDLVX launched? BlackRock Advantage Large Cap Value Fund - Class A (MDLVX) launched in December 1999 and is managed by BlackRock. ### How has MDLVX performed? MDLVX'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 MDLVX pay a dividend? BlackRock Advantage Large Cap Value Fund - Class A (MDLVX) currently distributes little or no income. Trailing-twelve-month yield is 10.36%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does MDLVX pay dividends? BlackRock Advantage Large Cap Value Fund - Class A 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 MDLVX's dividend yield? MDLVX's trailing-twelve-month yield is 10.36%, calculated from the sum of dividends over the past year divided by the current price. ### When is MDLVX's next ex-dividend date? The most recently announced ex-dividend date for MDLVX 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 MDLVX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.79% 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 MDLVX charge its expense ratio? The expense ratio is deducted in tiny daily slices from MDLVX'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 MDLVX cost more than a fund like VOO? MDLVX is actively managed (current expense ratio 0.79%). 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 MDLVX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to MDLVX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as MDLVX (0.79%) 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/mdlvx - Distribution history: https://www.dividenddata.com/funds/mdlvx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/mdlvx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/mdlvx/expenses - Peer comparison: https://www.dividenddata.com/funds/mdlvx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.