Best BlackRock Mutual Funds: BlackRock US Opportunities Inv A (BMEAX)
Category: U.S. stocks
BlackRock US Opportunities Inv A (BMEAX) is a midcap stock fund that can work well as a core holding in a portfolio of BlackRock mutual funds. While the holdings are primarily midcap stocks, there is a good mix of large-cap and small-cap stocks as well.
For example, within the top 10 holdings, you will find Sirius XM Holdings (SIRI), Alliance Data Systems Corp (ADS), and BankUnited Inc (BKU), spanning the range of large-cap, midcap and small-cap stocks.
BMEAX outperforms 96% of its midcap category peers for 10-year annualized return, and the lead fund manager, Thomas Callan, has been at the helm for 12 years. The expense ratio is a bit above category average at 1.47%, and the minimum initial purchase amount is $1,000.
Front load fees vary according to the type of fund and size of the investment, but most investors can expect to pay at least 4%.