BlackRock International Dividend Fund
Data updated: 2024-10-24
C000004068 — BlackRock International Dividend Fund. Europe Large Cap Value Industrials Equity · $895.89M AUM. Holdings, fees, performance and SEC filings.
C000004068 Fund Overview
BlackRock International Dividend Fund is a US mutual fund managed by Blackrock Funds, categorised as Europe Large Cap Value Industrials Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Blackrock Funds
- Category: Europe Large Cap Value Industrials Equity
- Assets under management: $895.89M
- 1-year return: 26.0%
- SEC CIK: 0000844779
- SEC series ID: S000001511
- Share class ID: C000004068
C000004068 Investment Objective and Strategy
BlackRock International Dividend Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Blackrock Funds.
Investment objective
The investment objective of BlackRock International Dividend Fund (formerly known as BlackRock International Opportunities Portfolio) (the “Fund”), a series of BlackRock Funds SM (the “Trust”), is to seek long-term total return and current income.
Principal investment strategy
Under normal circumstances, the Fund will invest at least 80% of its net assets plus the amount of any borrowings for investment purposes in dividend-paying equity securities issued by foreign companies of any market capitalization and derivatives that have similar economic characteristics to such securities. Foreign securities may include securities (i) of foreign government issuers, (ii) of issuers organized or located outside the United States, (iii) of issuers which primarily trade in a market located outside the United States, or (iv) of issuers doing a substantial amount of business outside the United States, which the Fund considers to be companies that derive at least 50% of their revenue or profits from business outside the United States or have at least 50% of their sales or assets outside the United States.
The Fund will allocate its assets among various regions and countries (but in no less than three different countries). For temporary defensive purposes the Fund may deviate very substantially from this allocation. Under normal circumstances, the Funds portfolio generally consists of 25 to 40 securities. The Fund will primarily invest in equity securities, which include common stock, preferred stock, securities convertible into common and preferred stock and non-convertible preferred stock. The Fund may invest in securities of non-U.S. issuers that can be U.S. dollar based or non-U.S. dollar based. The Fund may invest in securities of companies of any market capitalization, but intends to invest primarily in securities of large capitalization companies. The combination of equity securities will be varied from time to time both with respect to types of securities and markets in response to changing market and economic trends.
The Fund may invest in shares of companies through initial public offerings (IPOs) or new issues. The Fund may invest up to 20% of its net assets in global fixed-income securities, including corporate bonds, U.S. Government debt securities, non-U.S. Government and supranational debt securities (an example of such an entity is the International Bank for Reconstruction and Development (the World Bank)), asset-backed securities, mortgage-backed securities, corporate loans, emerging market debt securities and non-investment grade debt securities (high yield or junk bonds). Investment in fixed-income securities will be made on an opportunistic basis. The Fund may invest in fixed-income securities of any duration or maturity. The Fund has no geographic limits in where it may invest outside of the United States.
The Fund may invest in both developed and emerging markets. The Fund may use derivatives, including options, futures, indexed securities, inverse securities, swaps and forward contracts, both to seek to increase the return of the Fund or to hedge (or protect) the value of its assets against adverse movements in currency exchange rates, interest rates and movements in the securities markets. The Fund may enter into currency transactions on a hedged or unhedged basis in order to seek total return. The Fund may, when consistent with its investment objective, buy or sell options or futures on a security or an index of securities and may buy options on a currency or a basket of currencies, or enter into foreign currency transactions, including swaps. The Fund may also use forward foreign currency exchange contracts, which are obligations to buy or sell a currency at a pre-determined rate in the future.
Derivatives are financial instruments whose value is derived from another security, a currency or an index. The use of options, futures, indexed securities, inverse securities, swaps and forward contracts can be effective in protecting or enhancing the value of the Funds assets. The Fund may, but under normal market conditions generally does not intend to, use derivatives for speculation to increase returns. The Fund may engage in active and frequent trading of portfolio securities to achieve its principal investment strategies. The Fund is classified as diversified under the Investment Company Act of 1940, as amended.
C000004068 Holdings
Top 10 holdings of BlackRock International Dividend Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Tsmc | 5.70% |
| Novo Nordisk A/S | 5.01% |
| AstraZeneca PLC | 3.80% |
| Assa Abloy AB | 3.79% |
| Air Liquide SA | 3.51% |
| Relx PLC | 3.46% |
| LVMH Moet Hennessy Louis Vuitt | 3.36% |
| ASML Holding NV | 3.34% |
| Baker Hughes Co | 3.27% |
| Texas Instruments Inc | 3.08% |
C000004068 Portfolio Allocation
Asset-class allocation of BlackRock International Dividend Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.1% |
| Cash & Equivalents | 1.8% |
C000004068 Performance
Total returns for C000004068 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 26.0% |
| 3 years (annualised) | 13.4% |
C000004068 Risk Information
Risk metrics for C000004068, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 15.1%
C000004068 Costs and Fees
C000004068 costs about $109 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.09%
- Gross expense ratio: 1.41%
- Portfolio turnover: 71%
- Brokerage commissions: 4.52 bps of average net assets (SEC N-CEN)
C000004068 Cashflows
Over the 12 months to 2024-08, BlackRock International Dividend Fund had net inflows of $493.87M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-08 | $3.90M |
| 2024-07 | $125.30M |
| 2024-06 | −$2.63M |
| 2024-05 | −$21.99M |
| 2024-04 | $2.73M |
| 2024-03 | −$3.43M |
C000004068 Debt Constituents
No individual debt constituents are reported in BlackRock International Dividend Fund's latest SEC N-PORT filing.
C000004068 Prospectus and SEC Filings
Official BlackRock International Dividend Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2024-09-26
- Prospectus (485BPOS) — filed 2023-09-27
- Prospectus supplement (497) — filed 2023-04-20
- Portfolio holdings (N-PORT) — filed 2024-10-24
- Portfolio holdings (N-PORT) — filed 2024-07-24
- Portfolio holdings (N-PORT) — filed 2024-04-24
- Annual census (N-CEN) — filed 2024-08-08
- Annual census (N-CEN) — filed 2023-08-04
Related Funds
Other Europe Large Cap Value Industrials Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.