About BKMPX
BlackRock 40/60 Target Allocation Fund Class K is a mutual fund structured to provide a balanced and diversified investment approach, targeting a mix of approximately 40% equity and 60% fixed income exposure. Its primary function is to offer investors a core solution that blends exchange-traded funds (ETFs) with actively managed strategies, seeking both long-term capital appreciation and high current income, with a particular emphasis on income generation.
The fund invests across multiple asset classes, including U.S. and international equities, government and corporate bonds, and other fixed income instruments, allocating assets broadly across geographies and sectors to reduce risks associated with concentration. With around 22 holdings and over $700 million in assets, it employs a multi-manager, risk-focused process that leverages BlackRock’s extensive resources and expertise. The strategy uses both passive and active components, potentially including the use of derivatives to manage risks or enhance returns.
This fund is notable for its low expense ratio and positioning within the 'Moderately Conservative Allocation' category, reflecting its intent to offer a steady investment option for those balancing growth and income needs. It is widely recognized for cost efficiency and disciplined management, making it a core holding for diversified, long-term portfolios seeking risk-controlled exposure to global markets.
Fund Family BlackRock
Category Allocation--30% to 50% Equity
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol BKMPX
Index MSCI AC World NR USD
BKMPX had a total return of 12.31% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.84%.
