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BlackRock Advantage SMID Cap Fund, Inc.
mutual fund
MDSPX
Payout Change
Pending
Price as of:
$29.05
-0.56
-1.89%
primary theme
U.S. Mid-Cap Blend Equity
share class
MDSPX (Mutual Fund)
BlackRock Advantage SMID Cap Fund, Inc.
Payout Change
Pending
Price as of:
$29.05
-0.56
-1.89%
primary theme
U.S. Mid-Cap Blend Equity
share class
MDSPX (Mutual Fund)
BlackRock Advantage SMID Cap Fund, Inc.
Payout Change
Pending
Price as of:
$29.05
-0.56
-1.89%
primary theme
U.S. Mid-Cap Blend Equity
share class
Name
As of 12/10/2024Price
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
16.9%
1 yr return
25.2%
3 Yr Avg Return
5.9%
5 Yr Avg Return
3.3%
Net Assets
$440 M
Holdings in Top 10
11.9%
52 WEEK LOW AND HIGH
$29.6
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.05%
SALES FEES
Front Load 5.25%
Deferred Load N/A
TRADING FEES
Turnover 145.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/10/2024Price
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
MDSPX - Profile
Distributions
- YTD Total Return 16.9%
- 3 Yr Annualized Total Return 5.9%
- 5 Yr Annualized Total Return 3.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.57%
- Dividend Yield 0.0%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameBlackRock Advantage SMID Cap Fund, Inc.
-
Fund Family NameBlackRock-Advised Funds
-
Inception DateNov 28, 1994
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerRichard Mathieson
Fund Description
Under normal circumstances, the Fund seeks to invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of U.S. small and medium capitalization companies, and derivatives that have similar economic characteristics to such securities. The Fund primarily intends to invest in equity securities or other financial instruments that are components of, or have characteristics similar to, the securities included in the Russell 2500™ Index. The Russell 2500™ Index is an index that measures the performance of the small to mid-cap segment of the U.S. equity universe, commonly referred to as “smid” cap. The Russell 2500™ Index is a subset of the Russell 3000® Index. It includes approximately 2500 of the smallest securities based on a combination of their market cap and current index membership. The Fund may invest in issuers of any market capitalization. The equity securities in which the Fund invests primarily consist of common stock, but may also include preferred stock and convertible securities. From time to time, the Fund may invest in shares of companies through “new issues” or initial public offerings (“IPOs”).
The Fund may use derivatives, including options, futures, swaps (including, but not limited to, total return swaps that may be referred to as contracts for difference) and forward contracts, both to seek to increase the return of the Fund and to hedge (or protect) the value of its assets against adverse movements in interest rates and movements in the securities markets. In order to manage cash flows into or out of the Fund effectively, the Fund may buy and sell financial futures contracts or options on such contracts. Derivatives are financial instruments whose value is derived from another security, a currency or an index, including but not limited to the Russell 2500TM Index.
The Fund seeks to pursue its investment objective by investing in securities in a disciplined manner, by using proprietary return forecast models that incorporate quantitative analysis. These forecast models are designed to identify aspects of mispricing across stocks which the Fund can seek to capture by over- and under-weighting particular equity securities while seeking to control incremental risk. BlackRock then constructs and rebalances the portfolio by integrating its investment insights with the model-based optimization process.
The Fund may engage in active and frequent trading of portfolio securities to seek to achieve its primary investment strategies.
MDSPX - Performance
Return Ranking - Trailing
| Period | MDSPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 16.9% | -3.2% | 49.5% | 57.51% |
| 1 Yr | 25.2% | 6.4% | 56.1% | 23.23% |
| 3 Yr | 5.9%* | -18.0% | 25.7% | 50.57% |
| 5 Yr | 3.3%* | 0.3% | 25.8% | 99.38% |
| 10 Yr | 6.0%* | 3.0% | 13.9% | 91.43% |
* Annualized
Return Ranking - Calendar
| Period | MDSPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 17.5% | -12.9% | 28.8% | 12.75% |
| 2022 | -17.5% | -52.6% | 20.1% | 34.86% |
| 2021 | -22.1% | -43.8% | 32.4% | 99.42% |
| 2020 | 13.9% | -10.6% | 82.1% | 23.56% |
| 2019 | 25.1% | -8.5% | 37.5% | 36.22% |
Total Return Ranking - Trailing
| Period | MDSPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 16.9% | -3.2% | 49.5% | 57.51% |
| 1 Yr | 25.2% | 6.4% | 56.1% | 23.23% |
| 3 Yr | 5.9%* | -18.0% | 25.7% | 50.57% |
| 5 Yr | 3.3%* | 0.3% | 25.8% | 99.38% |
| 10 Yr | 6.0%* | 3.0% | 13.9% | 91.43% |
* Annualized
Total Return Ranking - Calendar
| Period | MDSPX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 18.6% | 1.2% | 31.3% | 19.83% |
| 2022 | -16.1% | -45.7% | 21.1% | 64.57% |
| 2021 | -17.4% | -30.2% | 52.8% | 99.71% |
| 2020 | 19.5% | -8.4% | 84.3% | 15.41% |
| 2019 | 28.6% | 1.0% | 43.4% | 39.74% |
NAV & Total Return History
MDSPX - Holdings
Concentration Analysis
| MDSPX | Category Low | Category High | MDSPX % Rank | |
|---|---|---|---|---|
| Net Assets | 440 M | 728 K | 175 B | 53.80% |
| Number of Holdings | 512 | 1 | 2780 | 8.45% |
| Net Assets in Top 10 | 52.3 M | 402 K | 15.4 B | 67.04% |
| Weighting of Top 10 | 11.89% | 0.5% | 100.0% | 74.86% |
Top 10 Holdings
- Toll Brothers Inc 1.35%
- Reinsurance Group of America Inc 1.28%
- EMCOR Group Inc 1.26%
- Wingstop Inc 1.24%
- Lamar Advertising Co 1.19%
- Flowserve Corp 1.18%
- Advanced Drainage Systems Inc 1.16%
- Zurn Elkay Water Solutions Corp 1.09%
- ExlService Holdings Inc 1.07%
- Brixmor Property Group Inc 1.06%
Asset Allocation
| Weighting | Return Low | Return High | MDSPX % Rank | |
|---|---|---|---|---|
| Stocks | 99.06% | 0.86% | 100.25% | 37.46% |
| Cash | 1.57% | 0.00% | 99.07% | 54.08% |
| Other | 0.02% | 0.00% | 51.08% | 23.66% |
| Preferred Stocks | 0.00% | 0.00% | 11.12% | 61.41% |
| Convertible Bonds | 0.00% | 0.00% | 1.78% | 60.85% |
| Bonds | 0.00% | 0.00% | 72.71% | 64.23% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | MDSPX % Rank | |
|---|---|---|---|---|
| Technology | 17.94% | 0.00% | 40.65% | 28.81% |
| Financial Services | 15.98% | 0.00% | 46.10% | 24.29% |
| Industrials | 15.23% | 0.00% | 45.89% | 63.28% |
| Consumer Cyclical | 12.58% | 2.49% | 46.48% | 55.08% |
| Healthcare | 12.11% | 0.00% | 24.06% | 28.25% |
| Real Estate | 10.20% | 0.00% | 25.82% | 15.25% |
| Energy | 6.65% | 0.00% | 58.13% | 32.20% |
| Basic Materials | 3.79% | 0.00% | 16.35% | 79.94% |
| Communication Services | 2.22% | 0.00% | 30.98% | 54.80% |
| Consumer Defense | 1.81% | 0.00% | 32.18% | 91.53% |
| Utilities | 1.49% | 0.00% | 18.97% | 77.97% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | MDSPX % Rank | |
|---|---|---|---|---|
| US | 99.06% | 0.86% | 100.25% | 35.49% |
| Non US | 0.00% | 0.00% | 10.11% | 66.20% |
MDSPX - Expenses
Operational Fees
| MDSPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.05% | 0.03% | 19.40% | 43.91% |
| Management Fee | 0.50% | 0.00% | 1.50% | 28.33% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 52.41% |
| Administrative Fee | 0.06% | 0.01% | 0.30% | 27.88% |
Sales Fees
| MDSPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 5.25% | 3.50% | 5.75% | 85.71% |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| MDSPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | 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.
| MDSPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 145.00% | 0.00% | 304.00% | 96.20% |
MDSPX - Distributions
Dividend Yield Analysis
| MDSPX | Category Low | Category High | MDSPX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 29.78% | 56.62% |
Dividend Distribution Analysis
| MDSPX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | SemiAnnual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| MDSPX | Category Low | Category High | MDSPX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.57% | -2.06% | 3.38% | 36.54% |
Capital Gain Distribution Analysis
| MDSPX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 08, 2023 | $0.205 | OrdinaryDividend |
| Dec 08, 2022 | $0.378 | OrdinaryDividend |
| Dec 07, 2021 | $1.478 | OrdinaryDividend |
| Apr 07, 2021 | $0.045 | OrdinaryDividend |
| Dec 07, 2020 | $1.575 | OrdinaryDividend |
| Jul 16, 2020 | $0.000 | OrdinaryDividend |
| Dec 05, 2019 | $0.338 | CapitalGainLongTerm |
| Dec 05, 2019 | $0.430 | OrdinaryDividend |
| Dec 06, 2018 | $0.342 | OrdinaryDividend |
| Dec 06, 2018 | $0.199 | CapitalGainShortTerm |
| Dec 06, 2018 | $0.107 | CapitalGainLongTerm |
| Apr 11, 2018 | $0.043 | OrdinaryDividend |
| Apr 11, 2018 | $0.983 | CapitalGainShortTerm |
| Apr 11, 2018 | $4.943 | CapitalGainLongTerm |
| Dec 04, 2017 | $2.443 | CapitalGainLongTerm |
| Dec 04, 2017 | $0.018 | OrdinaryDividend |
| Jul 20, 2017 | $1.077 | CapitalGainShortTerm |
| Jul 20, 2017 | $1.657 | CapitalGainLongTerm |
| Dec 06, 2016 | $1.183 | CapitalGainLongTerm |
| Dec 09, 2015 | $0.880 | OrdinaryDividend |
| Jul 22, 2010 | $0.001 | OrdinaryDividend |
| Jul 23, 2009 | $0.015 | OrdinaryDividend |
| Jul 17, 2008 | $0.310 | CapitalGainLongTerm |
| Dec 06, 2007 | $0.977 | CapitalGainShortTerm |
| Dec 06, 2007 | $1.779 | CapitalGainLongTerm |
| Jul 19, 2007 | $0.026 | CapitalGainShortTerm |
| Jul 19, 2007 | $1.087 | CapitalGainLongTerm |
| Dec 05, 2006 | $0.863 | CapitalGainShortTerm |
| Dec 05, 2006 | $1.069 | CapitalGainLongTerm |
MDSPX - Fund Manager Analysis
Managers
Richard Mathieson
Start Date
Tenure
Tenure Rank
Dec 15, 2017
4.46
4.5%
Richard Mathieson, CA, Managing Director of BlackRock, Inc. since 2011; Director of BlackRock, Inc. from 2009 to 2011; Principal at Barclays Global Investors from 2008 to 2009; Equity Analyst for Exista UK from 2007 to 2008; Principal at Barclays Global Investors from 2005 to 2007; Associate of Barclays Global Investors from 2001 to 2005. Mr. Mathieson is a member of the Systematic Active Equity division within BlackRock's Active Equities Group. He is a Portfolio Manager responsible for global equity strategies. Prior to this he led the Investment Strategy team in EMEA for Scientific Active Equity. Mr. Mathieson's service with the firm dates back to 2002, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. Prior to rejoining BGI in 2008, Mr. Mathieson was an equity analyst for a specialist investment company focused on European financial stocks. Previously he was with BGI as a senior portfolio manager, where he was responsible for managing both long only and market neutral strategies. Prior to joining the BlackRock, Inc. in 1999, Robert was a mortgage banking specialist at Ohio Savings Bank. Mr. Mathieson qualified as a Chartered Accountant with PricewaterhouseCoopers in 2000, and holds a Bachelor of Accountancy from the University of Glasgow
Travis Cooke
Start Date
Tenure
Tenure Rank
Dec 15, 2017
4.46
4.5%
Travis Cooke, CFA, Managing Director, is Head of the US portfolio management group within BlackRock's Scientific Active Equity (SAE) team. He is responsible for the management of the US long-only, partial long-short, and long-short equity strategies within SAE.
Raffaele Savi
Start Date
Tenure
Tenure Rank
Dec 15, 2017
4.46
4.5%
Raffaele Savi, Managing Director, is Co-CIO of Active Equity and Co-Head of Systematic Active Equity (SAE). He is responsible for BlackRock's North American, European, and Developed Market Equity Strategies. He is a member of the Global Operating and Human Capital Committees. Prior to moving to his current role in 2010, Mr. Savi was the investment lead for the US Equity team within the Scientific Active Equity group. Mr. Savi's service with the firm dates back to 2006, including his years with Barclay's Global Investors (BGI), which merged with BlackRock in 2009.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.25 | 38.44 | 7.3 | 5.78 |
