BlackRock Defensive Advantage Emerging Markets Fund (BIDEX)
| Fund Assets | 12.99M |
| Expense Ratio | n/a |
| Min. Investment | $2,000,000 |
| Turnover | 218.00% |
| Dividend (ttm) | 0.84 |
| Dividend Yield | 7.24% |
| Dividend Growth | 224.05% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 9, 2025 |
| Previous Close | 11.57 |
| YTD Return | 7.04% |
| 1-Year Return | 19.89% |
| 5-Year Return | 30.89% |
| 52-Week Low | 9.06 |
| 52-Week High | 11.64 |
| Beta (5Y) | n/a |
| Holdings | 206 |
| Inception Date | Dec 22, 2020 |
About BIDEX
BlackRock Defensive Advantage Emerging Markets Fund Institutional is an actively managed mutual fund focused on long-term capital appreciation through equities tied to emerging markets, complemented by derivatives to shape risk exposures. The strategy emphasizes a defensive, low-volatility profile, seeking smoother return patterns relative to the broader emerging-markets universe while maintaining diversified exposure across regions and sectors. According to its sponsor, the portfolio typically invests at least 80% of net assets in emerging-markets equities or related instruments, with notable holdings spanning financials, technology, and healthcare, including positions in large regional banks and leading semiconductor and electronics firms. The fund’s design targets the structural breadth of emerging economies while aiming to mitigate downside through its risk-managed approach, reflected in characteristics such as a moderate top-10 concentration and active use of cash equivalents. It is offered in an institutional share class with a stated net expense ratio around the second-lowest fee quintile within its category, after waivers. The fund does not pursue a dedicated sustainable or impact mandate, and its benchmark context aligns with minimum-volatility constructs within emerging markets.
Performance
BIDEX had a total return of 19.89% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.27%.
Top 10 Holdings
15.89% of assets| Name | Symbol | Weight |
|---|---|---|
| BlackRock Liquidity Funds - T-Fund | TSTXX | 2.28% |
| Samsung Electronics Co., Ltd. | 005930 | 1.69% |
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 1.60% |
| First Abu Dhabi Bank P.J.S.C. | FAB | 1.53% |
| Delta Electronics, Inc. | 2308 | 1.49% |
| Bharti Airtel Limited | BHARTIARTL | 1.48% |
| Malayan Banking Berhad | MAYBANK | 1.46% |
| Credicorp Ltd. | BAP | 1.46% |
| Etihad Etisalat Company | 7020 | 1.45% |
| Dubai Electricity & Water Authority PJSC | DEWA.DB | 1.44% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 9, 2025 | $0.75794 | Dec 10, 2025 |
| Jul 17, 2025 | $0.07929 | Jul 18, 2025 |
| Dec 10, 2024 | $0.17762 | Dec 11, 2024 |
| Jul 18, 2024 | $0.08074 | Jul 19, 2024 |
| Dec 8, 2023 | $0.12677 | Dec 11, 2023 |
| Jul 20, 2023 | $0.07597 | Jul 21, 2023 |