BlackRock Energy Opportunities Fund Institutional Class (BACIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
12.00
-0.07 (-0.58%)
Mar 24, 2023, 8:01 PM EDT
-0.58%
Fund Assets275.27M
Expense Ratio0.91%
Min. Investment$2,000,000
Turnover35.00%
Dividend (ttm)0.36
Dividend Yield2.59%
Dividend Growth-3.97%
Payout FrequencySemi-Annual
Ex-Dividend Daten/a
Previous Close12.07
YTD Return-9.98%
1-Year Return-15.88%
5-Year Return119.66%
52-Week Low12.00
52-Week High14.83
Beta (5Y)0.66
Holdings31
Inception DateFeb 16, 2005

About BACIX

BlackRock Energy Opportunities Fund Institutional Class is a mutual fund focused on providing long-term capital growth by investing primarily in equity securities of global energy companies and related businesses. The fund employs a multi-cap approach, allocating assets across companies of various sizes, though it heavily favors large-cap firms. Its portfolio is concentrated in major industry players such as Exxon Mobil, Chevron, Shell, and TotalEnergies, which together constitute a significant portion of the fund’s holdings. Key sectors represented include integrated energy, exploration and production, distribution, refining, and oil services. The fund benchmarks its performance against the MSCI World Energy Index and is managed with a strategy that seeks to benefit from trends in the global energy market. With a net expense ratio of 0.91%, it targets institutional investors and aims to provide exposure to the energy sector’s growth and income opportunities, serving as a specialized tool for diversification or targeted allocation in energy within broader investment portfolios.

Fund Family BlackRock
Category Equity Energy
Ticker Symbol BACIX
Share Class Institutional
Index MSCI World/Energy NR

Performance

BACIX had a total return of -15.88% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.82%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
BACAXInvestor A1.32%
BACCXInvestor C2.04%

Top 10 Holdings

70.81% of assets
NameSymbolWeight
Exxon Mobil CorporationXOM19.62%
Shell plcSHEL10.46%
Chevron CorporationCVX9.74%
TotalEnergies SETTE7.10%
Canadian Natural Resources LimitedCNQ4.16%
Cheniere Energy, Inc.LNG4.13%
TC Energy CorporationTRP4.08%
The Williams Companies, Inc.WMB4.06%
Kinder Morgan, Inc.KMI3.80%
EOG Resources, Inc.EOG3.65%

Dividend History

Ex-DividendAmountPay Date
Jul 17, 2025$0.16439Jul 18, 2025
Dec 10, 2024$0.19639Dec 11, 2024
Jul 18, 2024$0.15402Jul 19, 2024
Dec 7, 2023$0.22166Dec 8, 2023
Jul 20, 2023$0.22219Jul 21, 2023
Dec 8, 2022$0.18785Dec 9, 2022