BlackRock High Equity Income Fund Q4 2024 Commentary
2025-03-23 14:48:00 ET
Summary
- BlackRock High Equity Income Fund posted returns of -4.24% (Institutional shares) and -4.28% (Investor A shares, without sales charge) for the fourth quarter of 2024.
- Stock selection in the utilities sector was the largest contributor to relative performance, notably investment decisions in the electric utilities industry.
- The largest detractor was security selection and an overweight position in the health care sector, notably investment decisions in the health care equipment & supplies industry.
Average annual total returns (%) as of 12/31/24
4Q24 (not annualized) | YTD (not annualized) | 1 Year | 3 Year | 5 Years | 10 Years | |
Institutional | -4.24 | 7.73 | 7.73 | 5.26 | 7.42 | 7.33 |
Investor A (Without Sales Charge) | -4.28 | 7.48 | 7.48 | 4.99 | 7.15 | 7.03 |
Investor A (With Sales Charge) | -9.31 | 1.84 | 1.84 | 3.12 | 6.00 | 6.45 |
Russell 1000 Value 1 | -1.98 | 14.37 | 14.37 | 5.63 | 8.68 | 8.49 |
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BlackRock High Equity Income Fund Q4 2024 CommentaryNASDAQ: FIS
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