About BRGNX
The iShares Russell 1000 Large-Cap Index Fund Institutional Shares is a large blend mutual fund designed to closely track the performance of the Russell 1000 Index. This index comprises the largest 1,000 publicly traded companies in the United States, representing approximately 93% of the investable U.S. equity market. The fund employs a passive investment strategy, investing all of its assets in a master portfolio that mirrors the index’s composition, with holdings weighted by market capitalization. Its portfolio features a strong emphasis on leading technology, consumer discretionary, communication services, and healthcare companies, with significant positions in Microsoft, Apple, NVIDIA, Amazon, and Alphabet among others. The fund is characterized by its low expense ratio and institutional share class structure, making it cost-efficient for large-scale investors. By providing broad exposure to U.S. large-cap equities, it serves as a core holding for institutional portfolios seeking diversified participation in the overall growth and stability of major American corporations.
Fund Family BlackRock
Category Large Blend
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol BRGNX
Index Russell 1000 TR USD
BRGNX had a total return of 24.46% in the past year, including dividends.
Since the fund's inception, the average annual return has been 13.66%.
