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Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

BlackRock 20/80 Target Allocation Fund

BICPX | Fund

$10.87

$551 M

2.45%

$0.27

0.31%

Vitals

YTD Return

-12.8%

1 yr return

-7.2%

3 Yr Avg Return

3.5%

5 Yr Avg Return

3.6%

Net Assets

$551 M

Holdings in Top 10

95.8%

52 WEEK LOW AND HIGH

$10.8
$10.69
$13.16

Expenses

OPERATING FEES

Expense Ratio 0.31%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 72.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$2,000,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Allocation--15% to 30% Equity

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

BlackRock 20/80 Target Allocation Fund

BICPX | Fund

$10.87

$551 M

2.45%

$0.27

0.31%

BICPX - Profile

Distributions

  • YTD Total Return -12.8%
  • 3 Yr Annualized Total Return 3.5%
  • 5 Yr Annualized Total Return 3.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.96%
DIVIDENDS
  • Dividend Yield 2.5%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    BlackRock 20/80 Target Allocation Fund
  • Fund Family Name
    BlackRock
  • Inception Date
    Dec 21, 2006
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Michael Gates

Fund Description

The fund, which is a fund of funds, normally obtains exposure to equity securities (and certain other instruments) in an amount equal to 20% of its assets and exposure to fixed-income securities in an amount equal to 80% of its assets. Normally, the advisor intends to invest primarily in affiliated open-end funds and affiliated ETFs. The fund may have indirect exposure to derivative instruments through its investments in certain underlying funds.

BICPX - Performance

Return Ranking - Trailing

Period BICPX Return Category Return Low Category Return High Rank in Category (%)
YTD -12.8% -35.2% 8.0% 70.71%
1 Yr -7.2% -17.5% 15.5% 67.14%
3 Yr 3.5%* -2.6% 9.8% 23.48%
5 Yr 3.6%* -3.6% 7.2% 16.92%
10 Yr 5.4%* 1.2% 6.2% 4.55%

* Annualized

Return Ranking - Calendar

Period BICPX Return Category Return Low Category Return High Rank in Category (%)
2021 -0.2% -8.5% 3.8% 45.59%
2020 5.9% -16.2% 11.1% 19.53%
2019 9.9% 3.0% 10.9% 7.03%
2018 -7.0% -14.7% -1.2% 50.40%
2017 5.1% -3.3% 14.3% 27.27%

Total Return Ranking - Trailing

Period BICPX Return Category Return Low Category Return High Rank in Category (%)
YTD -12.8% -35.2% 8.0% 69.29%
1 Yr -7.2% -21.0% 15.5% 58.57%
3 Yr 3.5%* -3.7% 9.8% 23.48%
5 Yr 3.6%* -4.0% 7.2% 16.92%
10 Yr 5.4%* 1.2% 6.2% 4.55%

* Annualized

Total Return Ranking - Calendar

Period BICPX Return Category Return Low Category Return High Rank in Category (%)
2021 -0.2% -8.5% 3.8% 45.59%
2020 5.9% -16.2% 11.1% 19.53%
2019 9.9% 3.0% 10.9% 7.03%
2018 -2.2% -14.7% 0.4% 10.40%
2017 7.9% -3.3% 17.4% 18.18%

NAV & Total Return History

BICPX - Holdings

Concentration Analysis

BICPX Category Low Category High BICPX % Rank
Net Assets 551 M 1.58 M 6.08 B 38.46%
Number of Holdings 16 3 7774 75.52%
Net Assets in Top 10 577 M -56 M 5.07 B 28.67%
Weighting of Top 10 95.76% 10.9% 100.0% 20.15%

Top 10 Holdings

  1. BlackRock Total Return Fund - CT 25.13%
  2. BlackRock Total Return Fund - CT 25.13%
  3. BlackRock Total Return Fund - CT 25.13%
  4. BlackRock Total Return Fund - CT 25.13%
  5. BlackRock Total Return Fund - CT 25.13%
  6. BlackRock Total Return Fund - CT 25.13%
  7. BlackRock Total Return Fund - CT 25.13%
  8. BlackRock Total Return Fund - CT 25.13%
  9. BlackRock Total Return Fund - CT 25.13%
  10. BlackRock Total Return Fund - CT 25.13%

Asset Allocation

Weighting Return Low Return High BICPX % Rank
Bonds 		67.56% 0.00% 130.40% 59.44%
Stocks 		22.32% -1.95% 57.00% 44.06%
Cash 		7.88% -54.98% 76.00% 36.36%
Convertible Bonds 		2.23% 0.00% 3.97% 25.17%
Other 		0.02% -3.09% 22.34% 56.64%
Preferred Stocks 		0.00% 0.00% 3.73% 98.60%

Stock Sector Breakdown

Weighting Return Low Return High BICPX % Rank
Technology 		21.61% 0.00% 25.62% 25.87%
Financial Services 		14.73% 0.00% 20.10% 51.05%
Healthcare 		12.68% 0.00% 19.76% 48.25%
Consumer Cyclical 		11.56% 0.00% 19.49% 18.88%
Industrials 		10.09% 0.00% 29.86% 64.34%
Communication Services 		7.67% 0.00% 11.71% 30.77%
Consumer Defense 		6.68% 0.00% 22.77% 55.94%
Energy 		4.45% 0.00% 27.98% 58.04%
Basic Materials 		4.00% 0.00% 12.77% 64.34%
Real Estate 		3.83% 0.00% 78.69% 59.44%
Utilities 		2.71% 0.00% 91.26% 63.64%

Stock Geographic Breakdown

Weighting Return Low Return High BICPX % Rank
US 		16.98% -1.96% 56.43% 38.46%
Non US 		5.34% -2.14% 14.08% 46.15%

Bond Sector Breakdown

Weighting Return Low Return High BICPX % Rank
Corporate 		27.08% 0.00% 73.91% 59.44%
Government 		26.35% 0.00% 62.10% 62.24%
Derivative 		22.22% 0.00% 23.66% 5.59%
Securitized 		14.28% 0.00% 61.25% 72.73%
Cash & Equivalents 		9.68% 1.69% 100.00% 47.55%
Municipal 		0.39% 0.00% 20.03% 30.77%

Bond Geographic Breakdown

Weighting Return Low Return High BICPX % Rank
US 		56.72% 0.00% 130.40% 55.24%
Non US 		10.84% -1.54% 27.51% 40.56%

BICPX - Expenses

Operational Fees

BICPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.31% 0.11% 3.16% 97.20%
Management Fee 0.00% 0.00% 1.25% 15.38%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.06% 0.01% 0.70% 38.46%

Sales Fees

BICPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.00% 5.75% N/A
Deferred Load N/A 1.00% 4.50% N/A

Trading Fees

BICPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

BICPX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 72.00% 6.00% 318.00% 87.30%

BICPX - Distributions

Dividend Yield Analysis

BICPX Category Low Category High BICPX % Rank
Dividend Yield 2.45% 0.00% 8.70% 99.30%

Dividend Distribution Analysis

BICPX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Quarterly

Net Income Ratio Analysis

BICPX Category Low Category High BICPX % Rank
Net Income Ratio 1.96% -1.30% 3.99% 31.16%

Capital Gain Distribution Analysis

BICPX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Monthly Annually

Dividend Payout History

View More +

BICPX - Fund Manager Analysis

Managers

Michael Gates

Start Date

Tenure

Tenure Rank

May 26, 2015

7.02

7.0%

Michael Gates, CFA, Managing Director, leads the Model Portfolio Solutions team in the Americas and is the lead portfolio manager for the Target Allocation Funds. He and his team also manage a series of outcome-oriented and total return asset allocation strategies for retail advisors and managed account investors. Mr. Gates' service with BlackRock dates back to 2009, where he served as part of the Multi-Asset Strategies group, as well as BlackRock's Global Trading group. Prior to 2009, Mr. Gates worked for Barclays Global Investors (BGI), which merged with BlackRock in 2009, in a variety of research roles, focused on fixed income and alternative investment strategies. Previously Mr. Gates worked as an analyst responsible for equity risk models at Barra. Mr. Gates earned his MS in Economics from the University of California, Davis, and a BS, with honors, from the University of California, Davis.

Lisa O'Connor

Start Date

Tenure

Tenure Rank

Jan 28, 2019

3.34

3.3%

Lisa O'Connor is the Global Head of Investments for the LifePath and Model Portfolio Solutions team within the Multi-Asset Strategies group. The team is responsible for the development and management of strategic and tactical asset allocation models. Prior to joining BlackRock in April 2017 - Ms. O'Connor served as the Head of Global Portfolio Management for SSGA's Global Macro fund. The fund utilized both proprietary quantitative and fundamental strategies for alpha generation. Ms. O'Connor was named one of the 50 leading women in hedge funds by the Hedge Fund Journal in 2015. Lisa Mears O’Connor,Managing Director of BlackRock since 2017, Investment Head for the Model Portfolio Solutions group. Previously, Ms. O'Connor was a Managing Director and Head of Global Portfolio Management of State Street Global Advisors from 2013 to 2017 and a Managing Director of Mellon Capital Management from 2001 to 2013.She received her M.B.A from the University of California at Berkeley in 2002. Ms. Mears O’Connor has attained the Chartered Financial Analyst (“CFA”) designation in 1998. Ms. Mears O’Connor has over 17 years of investment experience.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 26.96 6.14 1.92

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