BlackRock U.S. Insights Lon/Shr Eq Ins (BILSX)
| Fund Assets | 12.51M |
| Expense Ratio | n/a |
| Min. Investment | $2,000,000,000 |
| Turnover | 313.00% |
| Dividend (ttm) | 0.03 |
| Dividend Yield | 0.26% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 10, 2024 |
| Previous Close | 10.13 |
| YTD Return | 7.54% |
| 1-Year Return | 4.69% |
| 5-Year Return | n/a |
| 52-Week Low | 8.54 |
| 52-Week High | 10.21 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About BILSX
BlackRock U.S. Insights Long/Short Equity Fund Institutional Shares is a mutual fund designed to pursue total return over the long term through a long/short equity strategy. The fund primarily invests in large-cap U.S. companies, utilizing both long and short positions to seek performance regardless of overall market direction. Its main objective is to offer downside protection while capturing upside potential, effectively adopting a defensive investment style that aims to mitigate market volatility and losses during adverse conditions. The fund holds a diversified portfolio with significant allocations to sectors such as technology, energy, and consumer cyclicals. Notable holdings include large corporations like Microsoft, NVIDIA, Alphabet, Apple, and Amazon, alongside positions in U.S. Treasury Bills to enhance liquidity and provide stability. Managed by BlackRock, one of the world’s leading asset managers, the fund charges an expense ratio that is in line with its peers and is positioned within the long-short equity category. While its performance has varied compared to benchmarks and category averages, the fund plays a notable role in offering institutional investors exposure to alternative equity strategies that balance growth potential with risk management.
Performance
BILSX had a total return of 4.69% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.36%.