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BLACKROCK EUROFUND
mutual fund
MDEFX
Payout Change
Pending
Price as of:
$20.53
+0.12
+0.59%
primary theme
Europe Equity
share class
MDEFX (Mutual Fund)
BLACKROCK EUROFUND
Payout Change
Pending
Price as of:
$20.53
+0.12
+0.59%
primary theme
Europe Equity
share class
MDEFX (Mutual Fund)
BLACKROCK EUROFUND
Payout Change
Pending
Price as of:
$20.53
+0.12
+0.59%
primary theme
Europe Equity
share class
Name
As of 12/11/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
8.3%
1 yr return
10.6%
3 Yr Avg Return
0.3%
5 Yr Avg Return
7.5%
Net Assets
$110 M
Holdings in Top 10
47.5%
52 WEEK LOW AND HIGH
$20.4
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.50%
SALES FEES
Front Load 5.25%
Deferred Load N/A
TRADING FEES
Turnover 26.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/11/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
MDEFX - Profile
Distributions
- YTD Total Return 8.3%
- 3 Yr Annualized Total Return 0.3%
- 5 Yr Annualized Total Return 7.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.03%
- Dividend Yield 1.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameBLACKROCK EUROFUND
-
Fund Family NameBlackRock-advised Funds
-
Inception DateNov 29, 1994
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAndreas Zoellinger
Fund Description
Under normal circumstances, the Fund will invest at least 80% of its net assets in equity securities, including common stock and convertible securities, of companies located in Europe. For these purposes, “net assets” include any borrowings for investment purposes. Equity securities include common stock, preferred stock or securities or other instruments whose price is linked to the value of common stock. Common stock are securities representing shares of ownership of a corporation. Convertible securities are securities, such as corporate bonds or preferred stock, that are exchangeable for shares of common stock of the issuer or another company. The Fund may also purchase convertible securities.
The Fund may invest in companies of any size. The Fund has no limits on the geographic asset distribution of its investments within Europe. However, the Fund currently expects that a majority of the Fund’s assets will be invested in equity securities of companies located in countries participating in the European Monetary Union (the “Eurozone”). Other exposure may include, without limitation, investments in companies located in European Union Member States that Fund management believes are likely to join the Eurozone in the foreseeable future and in companies based elsewhere that exercise the predominant part of their economic activity in Eurozone countries.
MDEFX - Performance
Return Ranking - Trailing
| Period | MDEFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.3% | 0.3% | 19.8% | 27.91% |
| 1 Yr | 10.6% | 3.7% | 25.8% | 52.33% |
| 3 Yr | 0.3%* | -8.0% | 8.5% | 67.06% |
| 5 Yr | 7.5%* | -0.1% | 10.9% | 32.53% |
| 10 Yr | 4.8%* | 1.9% | 9.3% | 67.86% |
* Annualized
Return Ranking - Calendar
| Period | MDEFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 18.9% | 2.0% | 24.0% | 17.44% |
| 2022 | -24.4% | -45.1% | -3.8% | 69.41% |
| 2021 | 19.3% | -8.7% | 23.4% | 20.24% |
| 2020 | 19.2% | -19.4% | 44.5% | 20.48% |
| 2019 | 24.7% | 7.4% | 44.8% | 19.51% |
Total Return Ranking - Trailing
| Period | MDEFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.3% | 0.3% | 19.8% | 27.91% |
| 1 Yr | 10.6% | 3.7% | 25.8% | 52.33% |
| 3 Yr | 0.3%* | -8.0% | 8.5% | 67.06% |
| 5 Yr | 7.5%* | -0.1% | 10.9% | 32.53% |
| 10 Yr | 4.8%* | 1.9% | 9.3% | 67.86% |
* Annualized
Total Return Ranking - Calendar
| Period | MDEFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 20.4% | 3.7% | 27.2% | 20.93% |
| 2022 | -24.0% | -45.1% | -0.6% | 85.88% |
| 2021 | 19.3% | -1.2% | 24.7% | 23.81% |
| 2020 | 19.2% | -19.4% | 55.6% | 20.48% |
| 2019 | 24.9% | 13.5% | 46.3% | 39.02% |
NAV & Total Return History
MDEFX - Holdings
Concentration Analysis
| MDEFX | Category Low | Category High | MDEFX % Rank | |
|---|---|---|---|---|
| Net Assets | 110 M | 5.07 M | 24.7 B | 77.01% |
| Number of Holdings | 44 | 18 | 1831 | 82.56% |
| Net Assets in Top 10 | 52.1 M | 1.52 M | 5.23 B | 75.58% |
| Weighting of Top 10 | 47.50% | 7.7% | 102.0% | 16.28% |
Top 10 Holdings
- ASML Holding NV 8.47%
- Schneider Electric SE 5.95%
- SAP SE 5.66%
- Safran SA 4.54%
- UniCredit SpA 4.46%
- Siemens AG 4.15%
- MTU Aero Engines AG 3.83%
- ASM International NV 3.67%
- LVMH Moet Hennessy Louis Vuitton SE 3.41%
- Hermes International SCA 3.36%
Asset Allocation
| Weighting | Return Low | Return High | MDEFX % Rank | |
|---|---|---|---|---|
| Stocks | 102.35% | 0.00% | 108.46% | 6.98% |
| Cash | 0.43% | 0.05% | 26.39% | 91.86% |
| Preferred Stocks | 0.00% | 0.00% | 4.56% | 90.70% |
| Other | 0.00% | -12.19% | 16.25% | 81.40% |
| Convertible Bonds | 0.00% | 0.00% | 0.81% | 72.09% |
| Bonds | 0.00% | 0.00% | 73.08% | 72.09% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | MDEFX % Rank | |
|---|---|---|---|---|
| Industrials | 27.53% | 2.47% | 34.57% | 25.00% |
| Technology | 19.63% | 0.00% | 27.53% | 13.10% |
| Consumer Cyclical | 13.62% | 0.00% | 37.84% | 22.62% |
| Financial Services | 10.56% | 0.00% | 36.14% | 84.52% |
| Basic Materials | 9.28% | 0.00% | 19.84% | 30.95% |
| Healthcare | 6.40% | 0.00% | 28.53% | 86.90% |
| Communication Services | 5.22% | 0.00% | 10.93% | 53.57% |
| Energy | 3.71% | 0.00% | 73.53% | 75.00% |
| Consumer Defense | 2.55% | 0.00% | 23.04% | 96.43% |
| Utilities | 1.50% | 0.00% | 15.55% | 70.24% |
| Real Estate | 0.00% | 0.00% | 12.81% | 96.43% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | MDEFX % Rank | |
|---|---|---|---|---|
| Non US | 99.00% | 0.00% | 106.03% | 20.93% |
| US | 3.36% | 0.00% | 101.92% | 30.23% |
MDEFX - Expenses
Operational Fees
| MDEFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.50% | 0.07% | 3.96% | 23.26% |
| Management Fee | 0.75% | 0.06% | 1.19% | 54.02% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 62.16% |
| Administrative Fee | N/A | 0.01% | 0.25% | N/A |
Sales Fees
| MDEFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 5.25% | 3.50% | 5.75% | 90.00% |
| Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
| MDEFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 1.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| MDEFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 26.00% | 1.68% | 184.00% | 49.23% |
MDEFX - Distributions
Dividend Yield Analysis
| MDEFX | Category Low | Category High | MDEFX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.05% | 0.00% | 6.89% | 82.76% |
Dividend Distribution Analysis
| MDEFX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Monthly | Annual |
Net Income Ratio Analysis
| MDEFX | Category Low | Category High | MDEFX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.03% | -1.72% | 4.06% | 89.53% |
Capital Gain Distribution Analysis
| MDEFX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 08, 2023 | $0.218 | OrdinaryDividend |
| Dec 07, 2022 | $0.081 | OrdinaryDividend |
| Dec 05, 2019 | $0.018 | OrdinaryDividend |
| Dec 06, 2018 | $0.314 | OrdinaryDividend |
| Dec 11, 2017 | $0.151 | OrdinaryDividend |
| Dec 13, 2016 | $0.259 | OrdinaryDividend |
| Dec 15, 2015 | $0.221 | OrdinaryDividend |
| Dec 17, 2014 | $0.404 | OrdinaryDividend |
| Dec 11, 2013 | $0.152 | OrdinaryDividend |
| Dec 13, 2012 | $0.147 | OrdinaryDividend |
| Dec 12, 2011 | $0.382 | OrdinaryDividend |
| Dec 14, 2010 | $0.190 | OrdinaryDividend |
| Dec 14, 2009 | $0.381 | OrdinaryDividend |
| Dec 11, 2008 | $0.719 | CapitalGainLongTerm |
| Dec 11, 2008 | $0.373 | OrdinaryDividend |
| Dec 14, 2007 | $0.619 | CapitalGainShortTerm |
| Dec 14, 2007 | $3.170 | CapitalGainLongTerm |
| Dec 14, 2007 | $0.508 | OrdinaryDividend |
| Dec 13, 2006 | $0.001 | CapitalGainLongTerm |
| Dec 13, 2006 | $0.000 | OrdinaryDividend |
| Nov 01, 2006 | $0.672 | ExtraDividend |
| Nov 01, 2006 | $1.736 | CapitalGainLongTerm |
MDEFX - Fund Manager Analysis
Managers
Andreas Zoellinger
Start Date
Tenure
Tenure Rank
Oct 23, 2018
3.61
3.6%
Andreas Zoellinger, CFA, Managing Director of BlackRock, Inc. since 2015; Director of BlackRock, Inc. from 2009 to 2014. Mr. Zoellinger service with the firm dates back to 2001, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. Prior to joining MLIM as an analyst within the European Equity team, he was a trainee with a major German bank. Mr. Zoellinger earned a Diplom-Kaufmann degree in Business Administration from the University of Munich & the University of Edinburgh in 2001.
Tom Joy
Start Date
Tenure
Tenure Rank
Feb 01, 2019
3.33
3.3%
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.09 | 24.59 | 7.27 | 0.64 |
