BlackRock High Equity Income Fund Institutional Shares (BMCIX)
| Fund Assets | 2.07B |
| Expense Ratio | 0.85% |
| Min. Investment | $2,000,000 |
| Turnover | 130.00% |
| Dividend (ttm) | 2.37 |
| Dividend Yield | 7.69% |
| Dividend Growth | 8.37% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 30.67 |
| YTD Return | 2.96% |
| 1-Year Return | 16.25% |
| 5-Year Return | 64.24% |
| 52-Week Low | 23.30 |
| 52-Week High | 31.36 |
| Beta (5Y) | n/a |
| Holdings | 137 |
| Inception Date | May 1, 1998 |
About BMCIX
BlackRock High Equity Income Fund Institutional Shares is an actively managed mutual fund designed to provide investors with high current income while preserving the potential for capital appreciation. The fund primarily invests at least 80% of its net assets in equity securities and equity-related instruments, such as equity-linked notes and covered call options. While the strategy may encompass companies of all market capitalizations, there is a general focus on large-cap value stocks, often targeting established firms with robust dividend profiles and consistent earnings. A distinguishing feature of the fund is its use of derivatives to enhance income, particularly through covered call strategies, which helps generate additional yield from equity holdings. This positions the fund within the derivative income category. The portfolio is diversified across sectors, with significant representations in healthcare, financial services, and technology. With a high trailing twelve-month yield—recently reported above 8%—the fund appeals to investors seeking substantial income distributions. Managed by an experienced team at BlackRock, the fund benchmarks its performance against the Russell 1000 Value Index. Its institutional share class, requiring a sizable minimum investment, is designed for large investors such as pension funds or endowments looking for reliable income and equity exposure within a disciplined risk framework.
Performance
BMCIX had a total return of 16.25% in the past year, including dividends. Since the fund's inception, the average annual return has been 18.77%.
Top 10 Holdings
36.86% of assets| Name | Symbol | Weight |
|---|---|---|
| Societe Generale Sa | n/a | 5.75% |
| BlackRock Liquidity Funds - T-Fund | TSTXX | 5.28% |
| Royal Bank Of Canada | n/a | 4.56% |
| Morgan Stanley & Co Llc | n/a | 3.83% |
| Nomura Holdings Inc | n/a | 3.62% |
| Bnp Paribas Sa | n/a | 3.54% |
| Ubs Ag (London Branch) | n/a | 3.14% |
| Citigroup Inc. | C | 2.78% |
| Goldman Sachs International | n/a | 2.21% |
| Samsung Electronics Co Ltd DR | SSU.DE | 2.16% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.18208 | Jan 30, 2026 |
| Dec 31, 2025 | $0.22336 | Dec 31, 2025 |
| Nov 28, 2025 | $0.21539 | Nov 28, 2025 |
| Oct 31, 2025 | $0.19523 | Oct 31, 2025 |
| Sep 30, 2025 | $0.18731 | Sep 30, 2025 |
| Aug 29, 2025 | $0.19092 | Aug 29, 2025 |