- What does SHISX invest in?
- This investment vehicle aims to achieve long-term capital appreciation for its shareholders. It primarily allocates a minimum of 80% of its total assets to equities, predominantly common stock, of companies operating in the health sciences sector and associated industries. This encompasses businesses involved in areas such as healthcare equipment and supplies, service providers, biotechnology, and pharmaceuticals. A key strategy involves concentrating over 25% of its portfolio in these health sciences or related sectors. Furthermore, the fund may invest in companies situated in non-U.S. countries.
- What is the expense ratio of SHISX?
- BlackRock Health Sciences Opportunities Portfolio Service Shares (SHISX) charges an expense ratio of 1.16%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is SHISX?
- BlackRock Health Sciences Opportunities Portfolio Service Shares (SHISX) is one share class of a fund that manages $6.44B across all of its share classes (BHSRX, SHSAX, SHSCX, SHSKX, SHSSX report the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.
- Is SHISX actively managed or an index fund?
- SHISX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (SHISX's is 1.16%) in exchange for the discretion to over- or under-weight positions.
- When was SHISX launched?
- BlackRock Health Sciences Opportunities Portfolio Service Shares (SHISX) launched in January 2005 and is managed by BlackRock.
- How has SHISX performed?
- SHISX'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.
