C000051321 Performance — BlackRock Event Driven Equity Fund, Institutional Class
Data updated: 2026-09-24
C000051321 returned +1.83% year to date and +5.87% over one year to May 2026. Annualised returns are +6.51% over 3 years and +3.28% over 5 years. Against its Event-Driven category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $121, against $120 for the category, and to $106 over one year, against $108. Volatility over the past three years was 3.25% a year. In the 12 months to May 2026 the fund took in a net $140.8M, and assets reached $4.78B.
C000051321 Growth of $100
What $100 invested in BlackRock Event Driven Equity Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Event-Driven category average over the same months.
| Period | C000051321 | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $106 | $108 |
| 3 years (Jun 2023 – May 2026) | $121 | $120 |
| 5 years (Jun 2021 – May 2026) | $117 | $118 |
| Since data start (Jul 2019 – May 2026) | $133 | $137 |
C000051321 Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.83% |
| 1 year | +5.87% |
| 3 years (annualised) | +6.51% |
| 5 years (annualised) | +3.28% |
C000051321 Annual Returns
Calendar-year total returns of BlackRock Event Driven Equity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +1.83% |
| 2025 | +8.44% |
| 2024 | +2.21% |
| 2023 | +5.38% |
| 2022 | 0.00% |
| 2021 | +1.94% |
| 2020 | +6.31% |
| 2019 (Jul–Dec) | +2.98% |
C000051321 Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −0.3% | +1.4% | −0.6% | +1.2% | +0.1% | — | — | — | — | — | — | — |
| 2025 | +1.2% | +0.4% | −0.1% | +1.4% | +1.4% | +1.1% | +0.5% | +0.8% | −0.1% | +0.1% | +0.6% | +0.9% |
| 2024 | −0.5% | +0.8% | +0.4% | −0.9% | +0.5% | −0.1% | +2.0% | +0.4% | +0.2% | −1.1% | +1.2% | −0.7% |
| 2023 | +1.5% | −0.4% | −0.3% | +0.2% | −2.5% | +1.7% | +1.2% | +0.6% | −0.3% | −1.3% | +2.6% | +2.4% |
| 2022 | −0.7% | +1.0% | −0.2% | −0.7% | −0.3% | −1.1% | +1.0% | +0.6% | −1.2% | +1.5% | +0.1% | 0.0% |
| 2021 | −0.1% | +0.3% | +0.5% | +1.8% | +0.7% | −0.6% | −1.7% | +0.3% | 0.0% | +0.1% | −0.1% | +0.7% |
| 2020 | +0.2% | −0.2% | −5.1% | +4.2% | +1.2% | +0.2% | +1.2% | +0.9% | −0.1% | +0.7% | +2.3% | +0.7% |
| 2019 | — | — | — | — | — | — | +1.1% | +0.2% | +0.2% | +0.5% | +0.4% | +0.5% |
C000051321 Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 3.25%
- 3-year Sharpe ratio: 0.62 (vs 4.5% risk-free rate)
- Best month: +2.58% (Nov 2023)
- Worst month: −1.32% (Oct 2023)
C000051321 Fund Flows
Monthly money in and out of BlackRock Event Driven Equity Fund, from SEC Form N-PORT.
- 12-month net flow: $140.8M
- 12-month gross sales (incl. reinvestments): $1.8B
- Sales ÷ redemptions: 1.09×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $88.1M | $126.1M | −$37.9M |
| Apr 2026 | $94.7M | $164.3M | −$69.6M |
| Mar 2026 | $107.5M | $173.7M | −$66.2M |
| Feb 2026 | $216.0M | $83.7M | $132.4M |
| Jan 2026 | $128.5M | $104.4M | $24.1M |
| Dec 2025 | $144.8M | $121.6M | $23.2M |
| Nov 2025 | $84.9M | $274.0M | −$189.2M |
| Oct 2025 | $120.1M | $98.9M | $21.3M |
| Sep 2025 | $93.3M | $110.5M | −$17.3M |
| Aug 2025 | $147.2M | $61.0M | $86.3M |
| Jul 2025 | $472.1M | $198.1M | $274.1M |
| Jun 2025 | $65.6M | $105.9M | −$40.3M |
C000051321 Assets Under Management
Net assets of BlackRock Event Driven Equity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-29 | $4.78B |
| 2026-02-27 | $4.92B |
| 2025-11-28 | $4.72B |
| 2025-08-29 | $4.88B |
| 2025-05-30 | $4.57B |
| 2025-02-28 | $4.66B |
| 2024-11-29 | $4.79B |
| 2024-08-30 | $4.92B |
| 2024-05-31 | $5.22B |
| 2024-02-29 | $5.65B |
| 2023-11-30 | $5.59B |
| 2023-08-31 | $6.08B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.