BlackRock 60/40 Target Allocation Fund Institutional Shares (BIGPX)
| Fund Assets | 2.01B |
| Expense Ratio | 0.34% |
| Min. Investment | $2,000,000 |
| Turnover | 104.00% |
| Dividend (ttm) | 1.29 |
| Dividend Yield | 8.29% |
| Dividend Growth | -2.85% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 29, 2025 |
| Previous Close | 15.61 |
| YTD Return | -3.83% |
| 1-Year Return | 12.63% |
| 5-Year Return | 21.48% |
| 52-Week Low | 13.86 |
| 52-Week High | 17.62 |
| Beta (5Y) | n/a |
| Holdings | 26 |
| Inception Date | Dec 21, 2006 |
About BIGPX
The BlackRock 60/40 Target Allocation Fund Institutional Shares is a balanced mutual fund designed to provide a diversified investment solution by allocating approximately 60% of its assets to equities and 40% to fixed-income securities. Managed as a fund of funds, it blends both BlackRock’s actively managed strategies and a broad selection of BlackRock iShares exchange-traded funds, creating a globally diversified portfolio across various asset classes, sectors, and geographies. The fund’s primary objective is to seek long-term capital appreciation, while also considering the generation of current income, providing a core solution for investors looking for a moderate risk-return profile typical of the classic 60/40 investment approach. Notable features include an institutional-class structure with a substantial minimum investment requirement and a low net expense ratio, aligning with BlackRock’s emphasis on efficient, cost-effective portfolio construction. The fund’s strategic allocation and diversified holdings make it significant for institutional investors seeking a turnkey, risk-focused asset allocation strategy that leverages both active and passive management styles for potential market resilience and broad exposure.
Performance
BIGPX had a total return of 12.63% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.50%.
Top 10 Holdings
67.46% of assets| Name | Symbol | Weight |
|---|---|---|
| BlackRock Total Return Fund Class K Shares | MPHQX | 10.78% |
| iShares U.S. Equity Factor Rotation Active ETF | DYNF | 7.90% |
| iShares S&P 500 Value ETF | n/a | 7.89% |
| iShares Core MSCI Emerging Markets ETF | IEMG | 7.21% |
| iShares S&P 500 Growth ETF | IVW | 7.06% |
| iShares 10-20 Year Treasury Bond ETF | TLH | 5.90% |
| iShares S&P 100 ETF | OEF | 5.85% |
| BlackRock Strategic Income Opportunities Portfolio Class K | BSIKX | 5.82% |
| iShares Core S&P 500 ETF | IVV | 4.99% |
| BlackRock Technology Opportunities Fund Class K | BTEKX | 4.08% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 29, 2025 | $1.29095 | Dec 30, 2025 |
| Dec 24, 2024 | $1.32881 | Dec 26, 2024 |
| Dec 22, 2023 | $0.44399 | Dec 26, 2023 |
| Dec 23, 2022 | $0.33862 | Dec 27, 2022 |
| Dec 31, 2021 | $1.20782 | Jan 3, 2022 |
| Dec 31, 2020 | $0.59916 | Jan 4, 2021 |