BlackRock Real Estate Securities Fund
Data updated: 2026-09-23
C000118599 — BlackRock Real Estate Securities Fund. United States Real Estate · $443.46M AUM. Holdings, fees, performance and SEC filings.
C000118599 Fund Overview
BlackRock Real Estate Securities Fund is a US mutual fund managed by Blackrock Funds, categorised as United States Real Estate. 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: United States Real Estate
- Assets under management: $443.46M
- 1-year return: 15.5%
- SEC CIK: 0000844779
- SEC series ID: S000038448
- Share class ID: C000118599
C000118599 Investment Objective and Strategy
BlackRock Real Estate Securities 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 Real Estate Securities Fund (the Fund), a series of BlackRock Funds SM (the Trust), is to seek total return comprised of long-term growth of capital and dividend income.
Principal investment strategy
Under normal conditions, the Fund invests at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) in a portfolio of equity investments in issuers that are primarily engaged in or related to the real estate industry inside the United States. An issuer is primarily engaged in or related to the real estate industry if it derives at least 50% of its gross revenues or net profits from the ownership, development, construction, financing, management or sale of commercial, industrial or residential real estate or interests therein or has 50% of its assets in real estate or real estate interests. The Fund may invest up to 20% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) in a portfolio of equity investments in issuers that are primarily engaged in or related to the real estate industry outside the United States and fixed-income investments, such as government, corporate and bank debt obligations.
Real estate industry companies may include real estate investment trusts (REITs), REIT-like structures, or real estate operating companies whose businesses and services are related to the real estate industry. The Fund primarily buys common stock but also can invest in preferred stock and convertible securities. The Fund concentrates its investments in securities of issuers in the real estate industry. The Fund is classified as non-diversified under the Investment Company Act of 1940, as amended.
C000118599 Holdings
Top 10 holdings of BlackRock Real Estate Securities Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Prologis, Inc. | 9.41% |
| Welltower, Inc. | 8.58% |
| Equinix, Inc. | 6.16% |
| American Tower Corp. | 5.96% |
| Digital Realty Trust, Inc. | 5.58% |
| Public Storage | 4.52% |
| Equity Residential | 3.51% |
| W.p. Carey, Inc. | 3.50% |
| Janus Living, Inc. | 3.25% |
| American Healthcare REIT, Inc. | 3.15% |
C000118599 Portfolio Allocation
Asset-class allocation of BlackRock Real Estate Securities Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 97.5% |
| Cash & Equivalents | 2.5% |
C000118599 Performance
Total returns for C000118599 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 13.0% |
| 1 year | 15.5% |
| 3 years (annualised) | 9.7% |
| 5 years (annualised) | 3.9% |
C000118599 Risk Information
Risk metrics for C000118599, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 14.4%
C000118599 Costs and Fees
C000118599 costs about $100 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.00%
- Gross expense ratio: 1.34%
- Portfolio turnover: 129%
- Brokerage commissions: 12.42 bps of average net assets (SEC N-CEN)
C000118599 Cashflows
Over the 12 months to 2026-04, BlackRock Real Estate Securities Fund had net inflows of $66.76M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | −$6.92M |
| 2026-03 | $56.45M |
| 2026-02 | −$3.95M |
| 2026-01 | −$2.16M |
| 2025-12 | $6.68M |
| 2025-11 | $614.27K |
C000118599 Debt Constituents
No individual debt constituents are reported in BlackRock Real Estate Securities Fund's latest SEC N-PORT filing.
C000118599 Prospectus and SEC Filings
Official BlackRock Real Estate Securities Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-05-21
- Prospectus (485BPOS) — filed 2025-05-28
- Prospectus (485BPOS) — filed 2024-05-22
- Portfolio holdings (N-PORT) — filed 2026-09-23
- Portfolio holdings (N-PORT) — filed 2026-06-24
- Portfolio holdings (N-PORT) — filed 2026-03-27
- Annual census (N-CEN) — filed 2026-04-15
- Annual census (N-CEN) — filed 2025-04-15
Related Funds
Other United States Real Estate 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.