About BMGKX
BlackRock Mid-Cap Growth Equity Fund Class K is a mutual fund designed to provide long-term capital appreciation by focusing on growth-oriented equities issued by U.S. mid-cap companies. The fund typically invests at least 80% of its assets in these mid-sized firms, which are often considered to combine elements of stability and dynamic growth potential. Its portfolio is diversified across sectors, with notable holdings in technology, industrials, financial services, and healthcare, including companies such as AppLovin Corp, Palantir Technologies, Axon Enterprise, and Heico Corp. Managed by BlackRock Advisors LLC, the fund employs a high-conviction strategy and seeks to outperform its benchmark, the Russell Midcap Growth Index, through disciplined stock selection and active management. Classified in the mid-cap growth category, the fund appeals to investors looking for exposure to companies positioned for above-average earnings growth within the mid-cap universe. Its management team leverages fundamental research to identify and invest in businesses with sustainable competitive advantages and strong growth prospects. The fund is recognized for its robust investment process and has received ratings from industry evaluators like Morningstar, underscoring its relevance for growth-focused portfolio allocations.
Fund Family BlackRock
Category Mid-Cap Growth
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol BMGKX
Index Russell MidCap Growth TR
BMGKX had a total return of -4.70% in the past year, including dividends. Since the fund's
inception, the average annual return has been 16.04%.
