Best BlackRock Mutual Funds for 2013

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Best BlackRock mutual funds for 2013; top stock, bond funds by BlackRock Inc. The 20 best mutual funds for 2013 are BlackRock US Mortgage Portfolio, BlackRock Equity Dividend fund, BlackRock High Yield Bond, BlackRock National Municipal, etc.

Best BlackRock Mutual Funds 2013Popular BlackRock Mutual Funds

BlackRock is not only famous for its iShares ETFs. It is one of the world’s biggest asset management firms. It currently has more than $3.6 trillion of assets in its management. It offers services in >60 countries to individuals, corporations, and governments around the world. Larry Fink is the current BlackRock CEO.

These best BlackRock mutual funds for 2013 are selected based on its performance history. The class A funds do have sales load. You might want to select other classes which don’t have any sales load and lower expense ratio fee. The funds are ranked with 3 star rating or higher by Morningstar. You may find the fund review below and other fund information. I also have selected my favorite funds below.

The 20 best BlackRock mutual funds for 2013 are:
  1. BlackRock US Mortgage Portfolio Fund
  2. BlackRock Equity Dividend Fund
  3. BlackRock High Yield Bond Fund
  4. BlackRock National Municipal Fund
  5. BlackRock Health Sciences Opportunities Fund
  6. BlackRock Multi-Asset Income Fund
  7. BlackRock Global Dividend Income Fund
  8. BlackRock GNMA Fund
  9. BlackRock PA Municipal Bond Fund
  10. BlackRock Global Allocation Fund
  11. BlackRock Capital Appreciation Fund
  12. BlackRock Strategic Income Opportunities Fund
  13. BlackRock S&P 500 Index Fund
  14. BlackRock International Opportunities Fund
  15. BlackRock US Opportunities Fund
  16. BlackRock Floating Rate Income Fund
  17. BlackRock Large Cap Growth Fund
  18. BlackRock Managed Volatility Fund
  19. BlackRock Small Cap Growth Equity Fund
  20. BlackRock Long-Horizon Equity Fund
Updated on 2/18/2013

Top Bond Fund

BlackRock US Mortgage Portfolio Fund (BMPAX)

The BlackRock US Mortgage Portfolio Fund is the only 5-star BlackRock mutual fund. It utilizes its assets to purchase mortgage-backed securities located in United States. The fund’s yield is 3.37%. The fund’s shares price is currently $10.28. Its expense ratio is 0.92%. This short term bond fund is managed by Akiva Dickstein and Matthew Kraeger.

MoreBest PIMCO Mutual Funds for 2013

As one of the best BlackRock mutual funds for 2013, it has returned 6.46% over the past 1 year, 7.45% over the past 3 year, and 7.29% over the past 5 year. The past 4 year performance is listed below:
  • Year 2012: 7.91% 
  • Year 2011: 4.79%
  • Year 2010: 11.84%
  • Year 2009: 13.71%
BlackRock Equity Dividend Fund (MDDVX)

BlackRock Equity Dividend FundBlackRock Equity Dividend Fund aim is to provide long term total return. This large value fund has total net assets of $26.3 billion. The best fund provides 2.08% dividend yield. The most recent distribution was given in Dec 11, 2012 ($0.13). Morningstar ranks this fund with 4-stars and Silver rating. It also has annual expense ratio of 0.98%.

In 2013, this best fund has YTD return of 5.18%. Since its inception, it has 15 years of positive return and only 3 years of negative return. The best 1-year total return was recorded in 2003 with 25.93%. Russell 1000 Value and S&P 500 are the fund’s benchmarks. The shares price is $20.83 (2/8/2013).

The top 6 equity holdings as of 4th quarter of 2012 are Chevron (3.0%), JP Morgan Chase (2.9%), Wells Fargo (2.8%), Pfizer (2.2%), ExxonMobil (2.1%) and Home Depot (2.1%). The top sector allocation is Financials (16.5%) and Industrials (14.3%).

BlackRock High Yield Bond Fund (BHYAX)

BlackRock High Yield Bond Fund invests mainly in non-investment grade corporate bonds. The management team of this High Yield bond fund consists of James Keenan, Derek Schoenhofen, Mitchell Garfin and Charlie McCarthy. It has total net assets of $10.2 billion. The minimum initial investment is $1,000. The dividend yield is 5.87% which is distributed on daily basis. The most recent dividend was distributed on December 31, 2012.

BlackRock High Yield Bond FundSince its inception, this best BlackRock mutual fund 2013 has recorded 12 years of positive return and 2 years of negative return. It has 1.54% YTD return. The fund’s benchmark is Barclays US Corp HY 2% Iss Cap. The fund has modified duration of 3.57 years.

As of December 2012, the top 5 industries are Independent Energy (8.4%), Health Care (7.2%), Technology (6.0%), Electric (5.8%) and Non-Captive Diversified (5.7%). The top holdings as of September 2012 are Texas Energy Future Capital Holdings LLC (2.6%), Ally Financial Inc (2.4%) and Hamlet Holdings LLC (2.4%).

BlackRock Inflation Protected Bond Fund (BPRAX)

Morningstar analysts rank this fund with 2-stars and Bronze rating. It has 1.68% dividend yield and annual expense ratio of 0.76%. This best inflation-protected bond fund has $5.3 billion of total net assets. The annual holdings turnover as of January 10, 2013 is 120.00%, which is quite high compared to the average in the category (67.72%).

MoreBest Fidelity Mutual Funds 2013

Based on the load adjusted return, the fixed income fund has returned 2.35% over the past 1-year and 5.92% over the past 5-year. It has managed to have positive returns since its inception in 2004. The best achievement was in 2007 with 11.83% and the lowest was in 2008 with 0.23%. It has effective duration of 8.13 years. The fund is currently managed by Brian Weinstein and Martin Hegarty.

BlackRock Global Dividend Income Fund (BABDX)

As part of best BlackRock mutual funds, this BABDX fund has $1.3 billion of total net assets. This best world stock mutual fund has 1.11% of annual expense ratio. It has 2.33% dividend yield. The fund’s CUSIP is 09256H385. It focuses its investment in dividend-paying equity securities.

In 2013, the year-to-date return is 4.16%. Based on the load adjusted returns, this fund has returned 4.28% over the past year and 6.97% over the past 3-year. Since its inception in 2008, it has always contributed positive return so far, with its best 1-year total return in 2009 (22.93%).

The top 5 stocks as of December 2012 are Pfizer (3.2%), Imperial Tobacco Group (3.1%), Roche (3.0%), Novartis (2.8%), Sanofi (2.8%) and Johnson & Johnson (2.8%). The top geographic allocation is Developed Europe (46.1%) and United States (36.5%).

BlackRock US Opportunities FundBlackRock US Opportunities Fund (BMEAX)

This BlackRock US Opportunities Fund uses its assets to purchase U.S. emerging capitalization companies with relatively attractive earnings growth potential and valuation. Jean Rosenbaum and Thomas Callan are the fund managers. This BMEAX fund has $2.0 billion of total net assets. The annual expense ratio rate is 1.51% which is a little bit higher than category average, 1.36%. This fund is currently closed to new investors.

The minimum initial investment for brokerage or IRA account is $1,000. There is 0.25% 12b1 fee and 5.25% front-end sales load fee. The fund has 5.40% YTD return. Based on the load adjusted returns, it has returned 5.52% over the past 3-year and 11.31% over the past decade.

The top equity holdings as of December 2012 are SBA Communications (2.1%), United Rentals (2.0%), Eastman Chemical (1.8%), Triumph Group (1.8%), Ingersoll-Rand (1.8%), Crown Holdings (1.8%) and Cytec Industries (1.8%).  Industrials and Consumer Discretionary are the top sector allocations.

BlackRock International Opportunities Fund (BREAX)

BlackRock International Opportunities FundThis BREAX fund is part of Foreign Large Blend mutual fund. It has $1.8 billion of total net assets. The 12-month dividend yield is 1.42% and is distributed quarterly. Investors of this fund have just received its last dividend in December 2012 ($0.47). It also has 1.57% annual expense ratio.  The annual holdings turnover as per January 10, 2013 is 99.00%.

This best BlackRock mutual fund for 2013 has 3-stars and Neutral rating from Morningstar. It has its best 1-year total return in 1999 with 150.50%. The worst 1-year total return was occurred in 2008 with -43.34%. The current YTD return of this fund is 2.20%. The benchmark of this fund is MSCI All Country World ex-US.

As of December 2012, the top equity holdings are Roche (2.4%), AIA Group (2.3%), Syngenta (2.3%) and Volvo (2.2%). The top geographic allocation is Developed Europe (61.7%) and Japan (12.1%).

Disclosure: No position

Fund Information

NoFund DescriptionCategoryRatingAssets (M)
1BlackRock US Mortgage Portfolio AShort-Term Bond525.36
2BlackRock Equity Dividend Inv ALarge Value49641.3
3BlackRock High Yield Bond Inv AHigh Yield Bond43646.09
4BlackRock National Municipal Inv AMuni National Long42158.86
5BlackRock Health Sciences Opps Inv AHealth41118.76
6BlackRock Multi-Asset Income Investor AConservative Allocation4630.71
7BlackRock Global Dividend Income Inv AWorld Stock4466.06
8BlackRock GNMA Inv AIntermediate Government4444.33
9BlackRock PA Municipal Bond Inv AMuni Pennsylvania458.21
10BlackRock Global Allocation Inv AWorld Allocation317705.88
11BlackRock Capital Appreciation Inv ALarge Growth31855.01
12BlackRock Strategic Income Opps Inv ANontraditional Bond31231.35
13BlackRock S&P 500 Index ALarge Blend3820.84
14BlackRock International Opp Inv AForeign Large Blend3726.47
15BlackRock US Opportunities Inv AMid-Cap Growth3555.74
16BlackRock Floating Rate Income Inv ABank Loan3521.38
17BlackRock Large Cap Growth Inv ALarge Growth3407.31
18BlackRock Managed Volatility Inv AModerate Allocation3389.58
19BlackRock Small Cap Growth Equity Inv ASmall Growth3355.68
20BlackRock Long-Horizon Equity Inv AWorld Stock3352.22

Fund Performance

NoFund DescriptionTickerRatingExpense RatioYield1 Year Return %5 Year Return %
1BlackRock Equity Dividend Inv AMDDVX40.982.082.112.39
2BlackRock US Opportunities Inv ABMEAX31.510.153.323.5
3BlackRock International Opp Inv ABREAX31.571.420.95-2.12
4BlackRock Global Dividend Income Inv ABABDX41.112.331.06N/A
5BlackRock High Yield Bond Inv ABHYAX40.925.871.119.94
6BlackRock Inflation Protected Bond Inv ABPRAX20.761.68-0.176.39
7BlackRock National Municipal Inv AMDNLX40.723.70.526.03
8BlackRock Total Return Inv AMDHQX213.550.255.02
9BlackRock Multi-Asset Income Investor ABAICX40.84.091.09N/A
10BlackRock Global Allocation Inv AMDLOX31.071.171.112.54
11BlackRock Latin America Inv AMDLTX31.531.432.090.49
12BlackRock LifePath Retirement Investor ALPRAX31.11.710.554.39
13BlackRock Health Sciences Opps Inv ASHSAX41.280.34.467.02

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