Equity

BLSIX

Advantage Emerging Markets Fund

Overview

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Performance

Performance

  1y 3y 5y 10y
5.40 0.90 7.10 1.32
Benchmark (%) 8.09 1.44 7.94 3.71
Morningstar Category Avg. (%) 4.96 1.72 8.84 3.59
Morningstar Ranking 404/777 429/714 410/636 413/435
Morningstar Quartile 3 3 3 4
Lipper Category Avg. (%) 5.29 6.31 9.94 4.99
Lipper Ranking 402/756 413/698 399/619 389/415
Lipper Quartile 3 3 3 4
  YTD 1m 3m 1y 3y 5y 10y
2.91 1.38 2.91 5.40 2.74 40.90 13.96
Benchmark (%) 2.93 0.63 2.93 8.09 4.39 46.55 43.89
Morningstar Category Avg. (%) 1.77 0.73 1.77 4.96 5.26 52.77 42.36
Lipper Category Avg. (%) 0.09 -2.07 0.09 5.29 20.91 64.95 66.73
  2020 2021 2022 2023 2024
Total Return (%) 16.60 -4.26 -21.52 9.36 6.49
Benchmark (%) 18.31 -2.54 -20.09 9.83 7.50
Morningstar Category Avg. (%) 17.90 0.38 -20.86 12.32 6.04

Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.

The Fund's returns prior to June 12, 2017 are the returns of the Fund when it followed different investment strategies under the name “BlackRock Emerging Markets Long/Short Equity Fund.”
Click here for Distribution data

Key Facts

Key Facts

Size of Fund (Millions)
as of Apr 25, 2025
$184.2 M
Share Class launch date
Oct 06, 2011
Benchmark Index
MSCI Emerging Markets Index
Morningstar Category
Diversified Emerging Mkts
CUSIP
091936690
Open to New Investors
Yes
Size of Class (Millions)
as of Apr 25, 2025
$4.7 M
Asset Class
Equity
Distribution Frequency
Annual
Lipper Classification
Emerging Markets Funds
Max Offer Price
as of Apr 25, 2025
$10.11
Turnover Percent in the Annual Report
as of Apr 30, 2024
162%

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of Mar 31, 2025
198
P/E Ratio - Forward
as of Mar 31, 2025
11.69
Average Market Cap (Millions)
as of -
-
Fund Standard Deviation (3y)
as of Mar 31, 2025
17.74
Best 3-Month Return Over the Last 3 Years
3 months ending Jan 31, 2023
24.24%
Active Share
as of Mar 31, 2025
48.71%
P/B Ratio
as of Mar 31, 2025
1.72
Alpha (3y)
as of Mar 31, 2025
-0.04
R-Squared (3y)
as of Mar 31, 2025
96.38
Beta (3y)
as of Mar 31, 2025
0.99
Worst 3-Month Return Over the Last 3 Years
3 months ending Oct 31, 2022
-13.87%

This information must be preceded or accompanied by a current prospectus. For standardized performance, please see the Performance section above.

Fees

Fees

as of current prospectus
Gross Expense Ratio 1.44%
Net Expense Ratio 0.86%

Net Expense Ratio excluding Investment Related Expenses is 0.85%

  • Acquired Fund Fees and Expenses 0.01%
  • Interest expense 0.00%

Ratings

Ratings

Lipper Leader

 
 
Overall Lipper Leaders ratings based on an equal-weighted average of percentile ranks for each measure over 3-, 5-, and 10-year periods (if applicable) and do not take into account the effects of sales charges for these categories (Consistent Return, Preservation, Total Return, Expense, and Tax Efficiency) as of Mar 31, 2025 out of 697, 12,247, 698, 394 and 698 Funds, respectively in Lipper's Emerging Markets Funds classification.

Holdings

Holdings

as of Mar 31, 2025
Name Weight (%)
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD 9.09
TENCENT HOLDINGS LTD 5.87
ALIBABA GROUP HOLDING LTD 3.65
SAMSUNG ELECTRONICS CO LTD 2.80
BHARTI AIRTEL LTD 1.68
Name Weight (%)
INFOSYS LTD 1.68
MEDIATEK INC 1.65
BYD CO LTD 1.65
PING AN INSURANCE GROUP CO OF CHINA LTD 1.49
MEITUAN 1.41
Name Market Value Weight (%) Shares
Holdings are subject to change. Fund holdings and allocations shown are unaudited, and may not be representative of current or future investments. The Fund is actively managed and its details, holdings and characteristics will vary. Holdings shown should not be deemed as a recommendation to buy or sell securities. The user relies on this data at its own risk and neither BlackRock nor any other party makes any representations or express or implied warranties (which are expressly disclaimed) nor shall they incur any liability for any errors or omissions in the data.

Exposure Breakdowns

Exposure Breakdowns

as of Mar 31, 2025

% of Market Value

Type Fund Benchmark Net
as of Mar 31, 2025

% of Market Value

Type Fund Benchmark Net
as of Mar 31, 2025

% of Market Value

Type Fund Benchmark Net
as of Mar 31, 2025

% of Market Value

Type Fund Benchmark Net
Negative weightings may result from specific circumstances (including timing differences between trade and settle dates of securities purchased by the funds) and/or the use of certain financial instruments, including derivatives, which may be used to gain or reduce market exposure and/or risk management.

Allocations are subject to change.

Portfolio Managers

Portfolio Managers

Jeff Shen, PhD
Co-Chief Investment Officer and Co-Head of BlackRock’s Systematic Equities

   

Richard Mathieson
Managing Director, Systematic Equities
David Piazza
BlackRock Systematic Active Equity Investment Team

  

Gerardo Rodriguez
Managing Director, Global co-Head of Product Strategy for BlackRock Systematic Equities and Chief Operating Officer of BlackRock Systematic

    

Portfolio Manager

Literature

Literature

 

Funds related to BLSIX

Funds related to BLSIX

BDMIX
Global Equity Market Neutral Fund
EEMV
iShares MSCI Emerging Markets Min Vol Factor ETF
IEMG
iShares Core MSCI Emerging Markets ETF

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