BlackRock Energy Opportunities Fund (BACIX)
The fund invests at least 80% of its total assets in equity securities of global energy and natural resources companies and companies in associated businesses, as well as utilities (such as gas, water, cable, electrical and telecommunications utilities). It will concentrate its investments (i.e., invest more than 25% of its assets) in energy or natural resources companies. The fund may invest without limit in companies located anywhere in the world and will generally invest in at least three countries and in companies tied economically to a number of countries. It is non-diversified.
Fund Info
| ISIN | US0919372849 |
|---|---|
| CUSIP | 091937284 |
| Issuer | Blackrock |
| Inception Date | Feb 15, 2005 |
| Category | Energy Equities |
| Min. Investment | $2,000,000 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Value |
Expense Ratio
BACIX has a high expense ratio of 0.91%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: BACIX vs. FBGRX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in BlackRock Energy Opportunities Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
BlackRock Energy Opportunities Fund had a return of 9.46% year-to-date (YTD) and 18.36% in the last 12 months. Over the past 10 years, BlackRock Energy Opportunities Fund had an annualized return of 1.25%, while the S&P 500 had an annualized return of 10.33%, indicating that BlackRock Energy Opportunities Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 9.46% | 5.21% |
| 1 month | -1.85% | -4.30% |
| 6 months | 8.39% | 18.42% |
| 1 year | 18.36% | 21.82% |
| 5 years (annualized) | 10.11% | 11.27% |
| 10 years (annualized) | 1.25% | 10.33% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.14% | 2.55% | 9.26% | 0.14% | ||||||||
| 2023 | -3.71% | -0.22% | -0.83% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of BACIX is 38, suggesting that the investment has average results relative to the market in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
BlackRock Energy Opportunities Fund(BACIX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for BlackRock Energy Opportunities Fund (BACIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
BlackRock Energy Opportunities Fund granted a 3.09% dividend yield in the last twelve months. The annual payout for that period amounted to $0.44 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.44 | $0.44 | $0.33 | $0.25 | $0.25 | $0.30 | $0.31 | $0.32 | $0.28 | $0.24 | $0.24 | $0.11 |
Dividend yield | 3.09% | 3.39% | 2.49% | 2.67% | 3.66% | 3.06% | 3.43% | 2.76% | 2.38% | 2.51% | 1.78% | 0.68% |
Monthly Dividends
The table displays the monthly dividend distributions for BlackRock Energy Opportunities Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.30 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.31 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.32 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.28 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 |
| 2013 | $0.11 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the BlackRock Energy Opportunities Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the BlackRock Energy Opportunities Fund was 77.77%, occurring on Mar 18, 2020. The portfolio has not yet recovered.
The current BlackRock Energy Opportunities Fund drawdown is 12.84%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -77.77% | Jul 2, 2008 | 2946 | Mar 18, 2020 | — | — | — |
| -22.71% | May 11, 2006 | 100 | Oct 3, 2006 | 130 | Apr 12, 2007 | 230 |
| -15.61% | Jul 20, 2007 | 20 | Aug 16, 2007 | 24 | Sep 20, 2007 | 44 |
| -15.1% | Jan 4, 2008 | 13 | Jan 23, 2008 | 22 | Feb 25, 2008 | 35 |
| -14.21% | Oct 4, 2005 | 13 | Oct 20, 2005 | 36 | Dec 12, 2005 | 49 |
Volatility
Volatility Chart
The current BlackRock Energy Opportunities Fund volatility is 4.48%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.