About BRGKX
The iShares Russell 1000 Large-Cap Index Fund Class K is a mutual fund designed to closely track the performance of the Russell 1000 Index, which represents a broad cross-section of large- and mid-capitalization U.S. companies. By investing at least 80% of its assets in the same stocks and in similar weightings as the index, the fund provides diversified exposure to more than 1,000 leading U.S. corporations across major sectors. Key holdings typically include well-known technology giants like Microsoft, Apple, and NVIDIA, as well as influential companies in consumer discretionary, communication services, healthcare, and financial services sectors.
This fund is structured for institutional and retirement investors, featuring a low expense ratio, large minimum investment, and a focus on cost efficiency. Its primary role is to offer investors a straightforward, cost-effective vehicle for large-cap U.S. equity exposure, closely mirroring the risk and return characteristics of the broader market. By maintaining a strict indexing approach with minimal turnover, the fund emphasizes stable, long-term growth alongside broad market trends.
Fund Family BlackRock
Category Large Blend
Stock Exchange NASDAQ
Ticker Symbol BRGKX
Index Russell 1000 TR USD
BRGKX had a total return of 17.37% in the past year, including dividends. Since the fund's
inception, the average annual return has been 13.17%.