BlackRock Sustainable Advantage Large Cap Core Fund Institutional Shares (BIRIX)
| Fund Assets | 869.51M |
| Expense Ratio | 0.48% |
| Min. Investment | $2,000,000 |
| Turnover | 108.00% |
| Dividend (ttm) | 3.65 |
| Dividend Yield | 16.28% |
| Dividend Growth | 1,692.96% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 10, 2024 |
| Previous Close | 22.38 |
| YTD Return | 5.99% |
| 1-Year Return | 10.22% |
| 5-Year Return | 103.59% |
| 52-Week Low | 17.89 |
| 52-Week High | 24.20 |
| Beta (5Y) | n/a |
| Holdings | 249 |
| Inception Date | Oct 5, 2015 |
About BIRIX
The BlackRock Sustainable Advantage Large Cap Core Fund is a mutual fund that invests primarily in large-cap U.S. equity securities, with a focus on integrating environmental, social, and governance (ESG) factors into its investment process. The fund aims to deliver a core large-cap equity portfolio that maintains ESG characteristics superior to the benchmark Russell 1000 Index, with comparatively lower aggregate carbon emissions and targeted exposure to climate-related opportunities. Notable holdings frequently include major technology and consumer companies such as Apple, Microsoft, NVIDIA, Amazon, and Alphabet. The fund employs a quantitative investment approach, leveraging proprietary models that combine traditional financial analysis with ESG data. This strategy positions the fund as a potential key holding for institutional investors seeking exposure to leading U.S. companies while incorporating sustainability considerations. The BlackRock Sustainable Advantage Large Cap Core Fund is managed by a dedicated team and is categorized in the large blend investment style, serving as a core equity allocation for portfolios prioritizing both financial and non-financial (ESG) outcomes.
Performance
BIRIX had a total return of 10.22% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.13%.
Top 10 Holdings
32.49% of assets| Name | Symbol | Weight |
|---|---|---|
| Apple Inc. | AAPL | 6.45% |
| Microsoft Corporation | MSFT | 6.12% |
| NVIDIA Corporation | NVDA | 5.15% |
| Amazon.com, Inc. | AMZN | 3.60% |
| Meta Platforms, Inc. | META | 2.57% |
| Alphabet Inc. | GOOGL | 2.34% |
| Walmart Inc. | WMT | 1.64% |
| Broadcom Inc. | AVGO | 1.58% |
| Visa Inc. | V | 1.54% |
| Alphabet Inc. | GOOG | 1.52% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 10, 2024 | $1.1896 | Dec 11, 2024 |
| Jul 18, 2024 | $2.46446 | Jul 19, 2024 |
| Dec 8, 2023 | $0.12289 | Dec 11, 2023 |
| Jul 20, 2023 | $0.08091 | Jul 21, 2023 |
| Dec 7, 2022 | $0.1326 | Dec 8, 2022 |
| Jul 14, 2022 | $0.06495 | Jul 15, 2022 |