BlackRock Inc. (BLK) is the world’s largest asset management corporation with over $238 billion worth of assets under management (excluding money market assets). It caters to institutional, intermediary and individual investors through a wide range of products and services. It offers a range of risk management, strategic advisor and enterprise investment system services. BlackRock’s offerings range from individual and institutional separate accounts to mutual funds and other pooled investment options. In order to strike a balance between risk and opportunities, BlackRock aims to provide a wide range of investment solutions to its clients.
Below we share with you three top-rated BlackRock funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. To view the Zacks Rank and past performance of all BlackRock mutual funds, investors can click here to see the complete list of BlackRock funds .
BlackRock Small Cap Growth Equity Investor A (CSGEX – MF report) invests a major portion of its assets in equity securities of small capitalization domestic companies. According to CSGEX advisors, companies with a market cap similar to those included in the Russell 2000 Index are considered small cap firms. CSGEX may also participate in IPO markets. The BlackRock Small Cap Growth Equity Investor A fund has a three-year annualized return of 4.7%.
Travis Cooke is the fund manager of CSGEX since 2013.
BlackRock California Municipal Opportunities Investor A (MECMX – MF report) seeks income exempt from Federal and California income taxes. MECMX invests a large portion of its assets in California municipal bonds. MECMX invests a least half of its assets in investment grade securities. MECMX may also invest a maximum of half of its assets in non-investment grade bonds. The BlackRock California Municipal Opportunities Investor A fund has a three-year annualized return of 3.6%.
