About BRMPX
BlackRock 40/60 Target Allocation Fund Class R is a moderately conservative mutual fund designed for investors seeking a balanced mix of growth and income. This fund employs a fund-of-funds approach, strategically allocating approximately 40% of assets to equities and 60% to fixed-income securities, aligning with a risk-focused, diversified portfolio construction. Its equity holdings predominantly represent large-cap growth, including exposure to prominent index-tracking ETFs and quality factor strategies, while the fixed-income segment features U.S. Treasury bonds, broad-market bond ETFs, securitized assets, and mortgage-backed securities. This combination aims to provide smoother returns and mitigate volatility, making it suitable for retirement-oriented investors or those with a moderate risk tolerance. The fund’s assets are diversified across both domestic and international markets, and its largest positions tend to be core BlackRock bond and income funds as well as flagship equity ETFs. By offering a simple solution with relatively low fees, the fund plays a significant role as a core holding in asset allocation strategies, facilitating disciplined portfolio management in the broader financial market.
Fund Family BlackRock
Category Allocation--30% to 50% Equity
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol BRMPX
Index MSCI AC World NR USD
BRMPX had a total return of 6.83% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.56%.
