About BIRAX
BlackRock Sustainable Advantage Large Cap Core Fund Investor A Shares is a mutual fund designed to provide broad exposure to U.S. large-cap equities with a specific focus on sustainability. The fund strategically invests at least 80% of its assets in large-cap equity securities and similar instruments, aiming to achieve a total return while maintaining enhanced environmental, social, and governance (ESG) characteristics relative to the Russell 1000 Index, its benchmark. Notably, the fund seeks to deliver an aggregate ESG profile superior to the index, a lower carbon emissions footprint, and a portfolio composition that includes companies better positioned for climate-related opportunities.
Managed by a substantial team of quantitative investors, the fund balances traditional investment signals with ESG and climate considerations, appealing to investors who prioritize responsible corporate practices alongside financial performance. Its holdings feature leading U.S. companies across sectors such as technology, consumer, healthcare, and communication services, with significant allocations to firms like Microsoft, Apple, and NVIDIA. The fund plays a pivotal role in the market by integrating sustainable investing principles into mainstream large-cap portfolios, supporting the transition toward a more climate-conscious and responsible investment landscape.
Fund Family BlackRock
Category Large Blend
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol BIRAX
Index Russell 1000 TR USD
BIRAX had a total return of 26.24% in the past year, including dividends. Since the fund's
inception, the average annual return has been 15.11%.
