Blackrock Collegeadvantage 529 Plan - College 2044 Option Fund (BZAFX)
| Fund Assets | n/a |
| Expense Ratio | n/a |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 12.56 |
| YTD Return | 2.45% |
| 1-Year Return | 16.82% |
| 5-Year Return | n/a |
| 52-Week Low | 9.20 |
| 52-Week High | 12.70 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About BZAFX
BlackRock Collective 2044 Option Fund A is a mutual fund specifically designed as a target date investment option within BlackRock's CollegeAdvantage 529 Plan. Its primary purpose is to help individuals and families save for future education expenses, with the investment portfolio managed to align with a beneficiary's projected college enrollment year of 2044. The fund employs a glide path strategy, meaning its asset allocation gradually becomes more conservative as the target date approaches, balancing long-term growth potential in the early years with increased preservation of capital closer to the planned enrollment period. This disciplined approach seeks to reduce risk as the beneficiary nears college age, making the fund a suitable component in long-term education savings strategies. By leveraging BlackRock’s extensive expertise in diversified asset management, the fund provides exposure to a mix of equities, fixed income, and other securities, supporting families in systematically preparing for rising higher education costs while benefiting from the advantages of a 529 college savings plan.
Performance
BZAFX had a total return of 16.82% in the past year, including dividends. Since the fund's inception, the average annual return has been 16.02%.