BlackRock Unconstrained Equity Fund (MAEGX)
The investment seeks to provide high total investment return. The fund seeks to achieve its investment objective through a fully managed investment policy utilizing global equity securities. It will, under normal circumstances, invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities. The fund may invest in the securities of companies of any market capitalization. It has no geographic limits on where it may invest. The fund may invest up to 20% of its net assets (plus any borrowings for investment purposes) in cash investments if prospective equity returns are expected to be unattractive.
Fund Info
US09251W4033
09251W403
Nov 3, 2005
$2,000,000
Large-Cap
Growth
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in BlackRock Unconstrained Equity 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 Unconstrained Equity Fund had a return of 7.31% year-to-date (YTD) and 14.36% in the last 12 months. Over the past 10 years, BlackRock Unconstrained Equity Fund had an annualized return of -0.32%, while the S&P 500 had an annualized return of 11.16%, indicating that BlackRock Unconstrained Equity Fund did not perform as well as the benchmark.
MAEGX
7.31%
-1.83%
-2.52%
14.36%
-1.05%
-0.32%
^GSPC (Benchmark)
23.62%
0.54%
11.19%
30.63%
13.61%
11.16%
Monthly Returns
The table below presents the monthly returns of MAEGX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 3.54% | 5.58% | 2.32% | -6.19% | 3.08% | 2.92% | -3.53% | 3.73% | -0.07% | -4.63% | 7.31% | ||
| 2023 | 10.99% | -2.50% | 8.06% | 2.37% | 0.77% | 4.09% | 0.33% | -1.55% | -6.04% | -1.94% | 10.87% | 5.27% | 33.37% |
| 2022 | -7.36% | -1.63% | 1.43% | -9.82% | -2.89% | -7.31% | -4.67% | -7.12% | -10.14% | 6.45% | 10.82% | -4.88% | -33.01% |
| 2021 | -3.02% | 3.95% | 3.33% | 5.80% | 0.85% | 2.42% | -13.86% | 2.62% | -3.62% | 4.59% | -4.06% | 0.83% | -1.88% |
| 2020 | -2.05% | -6.97% | -11.84% | 11.23% | 5.25% | 0.62% | 2.23% | 7.00% | -2.20% | -2.62% | 12.16% | -0.93% | 9.56% |
| 2019 | 7.04% | 5.44% | 2.93% | 2.69% | -4.81% | 6.20% | 0.79% | -0.64% | 0.86% | 3.99% | 2.95% | -8.50% | 19.32% |
| 2018 | 5.60% | -5.23% | 0.15% | 0.15% | 1.83% | -0.45% | 4.15% | 0.80% | 0.36% | -6.44% | 3.21% | -14.06% | -11.03% |
| 2017 | 3.22% | 2.58% | 1.04% | 3.35% | 2.49% | 0.16% | 0.32% | 0.89% | 3.04% | 1.79% | 2.29% | -2.17% | 20.57% |
| 2016 | -6.94% | -1.21% | 4.15% | 0.45% | 0.63% | -0.09% | 3.32% | -1.65% | 0.18% | -5.29% | 0.28% | 1.87% | -4.76% |
| 2015 | -1.33% | 5.56% | -1.36% | 2.06% | 1.87% | -1.98% | 1.80% | -8.02% | -3.84% | 6.49% | 0.08% | -9.07% | -8.64% |
| 2014 | -4.27% | 6.41% | 0.54% | 0.61% | 0.40% | 0.47% | -1.26% | 2.55% | -2.42% | 2.48% | 2.16% | -17.23% | -11.01% |
| 2013 | 4.03% | 0.63% | 4.08% | 2.72% | 0.37% | -2.49% | 2.85% | -2.85% | 6.16% | 2.40% | 2.00% | -0.50% | 20.76% |
Expense Ratio
MAEGX has a high expense ratio of 0.95%, indicating higher-than-average management fees.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MAEGX is 17, indicating that it is in the bottom 17% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for BlackRock Unconstrained Equity Fund (MAEGX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
BlackRock Unconstrained Equity Fund provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.00 | $0.08 | $0.04 | $0.12 | $0.10 | $0.08 | $0.10 | $0.12 | $0.19 | $0.18 |
Dividend yield | 0.00% | 0.00% | 0.00% | 0.57% | 0.26% | 0.84% | 0.89% | 0.61% | 0.93% | 1.08% | 1.46% | 1.27% |
Monthly Dividends
The table displays the monthly dividend distributions for BlackRock Unconstrained Equity 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.12 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.10 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.08 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.10 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.12 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 | $0.19 |
| 2013 | $0.18 | $0.18 |
Drawdowns
Drawdowns Chart
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the BlackRock Unconstrained Equity 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 Unconstrained Equity Fund was 51.97%, occurring on Mar 9, 2009. Recovery took 1041 trading sessions.
The current BlackRock Unconstrained Equity Fund drawdown is 19.31%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -51.97% | Nov 1, 2007 | 338 | Mar 9, 2009 | 1041 | Apr 29, 2013 | 1379 |
| -50.69% | Jul 13, 2021 | 319 | Oct 14, 2022 | — | — | — |
| -36.86% | Dec 9, 2019 | 72 | Mar 23, 2020 | 166 | Nov 16, 2020 | 238 |
| -35.01% | Dec 1, 2014 | 302 | Feb 11, 2016 | 950 | Nov 19, 2019 | 1252 |
| -14.32% | May 10, 2006 | 24 | Jun 13, 2006 | 102 | Nov 7, 2006 | 126 |
Volatility
Volatility Chart
The current BlackRock Unconstrained Equity Fund volatility is 4.10%, 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.