Best BlackRock Mutual Funds: BlackRock Balanced Capital Inv A (MDCPX)
Category: Balanced / Tactical Allocation
BlackRock Balanced Capital Inv A (MDCPX) seeks high returns with a mix of stocks, bonds and convertible securities. Giving MDCPX its “tactical” categorization, the fund can also employ hedging tactics with derivatives, such as credit default swaps, indexed and inverse floating rate securities, options, and futures.
Performance history is impressive with 1-year, 3-year, 5-year, and 10-year returns beating the average tactical allocation fund. In addition, the expense ratio is below category average at 0.97%.
The minimum initial investment is $1,000.
As of this writing, Kent Thune did not hold a position in any of the aforementioned securities. Under no circumstances does this information represent a recommendation to buy or sell securities.