Address And Details
|40 East 52nd Street , New York, NY 10022|
|Fund Manager||Mark McKenna|
|Manager Tenure||6 Years 6 Months|
Strategy And Objective
The investment objective of BlackRock Event Driven Equity Fund (the Fund ) is to seek long-term capital growth. Under normal circumstances, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities and related derivative instruments with similar economic characteristics. The Fund seeks to achieve its investment objective by employing an event driven strategy, primarily investing in companies that have announced a material change or in companies that BlackRock expects to undergo a material change. A material change that could impact the price of securities for purposes of the Fund s investment strategies is referred to herein as a catalyst. The Fund focuses on identifying investments that have a sufficiently defined catalyst. These catalysts span a broad spectrum and include, for example, announced mergers and acquisitions, spin-offs and split-offs, financial or strategic restructurings, management changes,synergistic acquisitions, as well as other trans formative events.
Net Asset Value
- 1 Week
- 1 Month
- 3 Months
- 1 Yr Return
- 5 Yr Return
Equity Sector Breakdown
|Asset Type||% Of Allocation|
|Total Net Assets||78.20 M|
|Criteria||3 Years||5 Years||10 Years|
|Minimum Initial IRA||$0|
|Timeframe||Average Annual Current Performance Monthly As Of 10/31/2021||Average Annual Current Performance Quarterly As Of 09/30/2021||Avg Annual Current Performance Monthly As Of 10/31/2021||Avg Annual Current Performance Quarterly As Of 09/30/2021|
|Life Of Fund||
Top 10 Holdings
|Symbol||Company Name||% Of Assets|
|HWM||HOWMET AEROSPACE INC||1.13%|
|DWNI:GR||DEUTSCHE WOHNEN AG||0.86%|
|ELAN||ELANCO ANIMAL HEALTH INC||0.64%|
|NVST||ENVISTA HOLDINGS CORP||0.57%|
|GFL||GFL ENVIRONMENTAL INC||0.52%|
|HYG||ISHARES IBOXX HIGH YLD CORP B||0.47%|
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