BlackRock High Equity Income Fund Class A (BMEAX)

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BlackRock High Equity Income Fund Class A (BMEAX) is up 7.1% since the beginning of the year. BMEAX is currently trading at $26 per share. Investors who bought $1,000 worth of BMEAX shares 5 years ago would now be looking at an investment worth $1,426.

BlackRock High Equity Income Fund Class A (BMEAX) has returned 7.08% so far this year and 21.45% over the past 12 months. Over the last ten years, BMEAX has returned 8.82% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.

Based on dividend-adjusted daily data since Apr 30, 1998, BMEAX's average daily return is +0.05%, while the average monthly return is +1.13%. At this rate, an investment would double in approximately 5.1 years.

Historically, 64% of months were positive and 36% were negative. The best month was Feb 2000 with a return of +43.3%, while the worst month was Aug 1998 at -19.8%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 5 months.

On a daily basis, BMEAX closed higher 53% of trading days. The best single day was Oct 13, 2008 with a return of +9.8%, while the worst single day was Mar 16, 2020 at -10.6%.

BlackRock High Equity Income Fund Class A has an annualized alpha of 5.25%, beta of 0.93, and R2 of 0.72 versus S&P 500 Index. Calculated based on daily prices since May 01, 1998.

• This fund captured 118.77% of S&P 500 Index gains but only 98.10% of its losses - a favorable profile for investors.
• This fund generated an annualized alpha of 5.25% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
• With beta of 0.93 and R2 of 0.72, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

BMEAX has a high expense ratio of 1.10%, indicating above-average management fees.

BMEAX ranks 43 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for BlackRock High Equity Income Fund Class A (BMEAX) and compare them to S&P 500 Index.

BlackRock High Equity Income Fund Class A provided a 7.52% dividend yield over the last twelve months, with an annual payout of $1.96 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for BlackRock High Equity Income Fund Class A. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the BlackRock High Equity Income Fund Class A. 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 High Equity Income Fund Class A was 73.05%, occurring on Mar 12, 2003. Recovery took 2515 trading sessions.

The current BlackRock High Equity Income Fund Class A drawdown is 0.11%.

The chart below shows the rolling one-month volatility.