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
Performance Rating Above Average
Risk Rating Below Average
Ticker Symbol BACIX
Share Class Institutional
Index MSCI World/Energy NR
BACIX had a total return of 44.06% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.25%.
