BlackRock GA Disciplined Volatility Equity Fund
Data updated: 2025-09-24
C000206473 — BlackRock GA Disciplined Volatility Equity Fund. Global (incl. US) Large Cap Blend / Core Equity. Holdings, fees, performance and SEC filings.
C000206473 Fund Overview
BlackRock GA Disciplined Volatility Equity Fund is a US mutual fund managed by Managed Account Series, categorised as Global (incl. US) Large Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Managed Account Series
- Category: Global (incl. US) Large Cap Blend / Core Equity
- Assets under management: $1.14B
- 1-year return: 11.5%
- SEC CIK: 0001323737
- SEC series ID: S000057851
- Share class ID: C000206473
C000206473 Investment Objective and Strategy
BlackRock GA Disciplined Volatility Equity Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Managed Account Series.
Investment objective
The investment objective of the BlackRock GA Disciplined Volatility Equity Fund (the “Fund”) is to seek to provide risk-adjusted total return.
Principal investment strategy
The Fund will, under normal circumstances, invest at least 80% of its net assets (plus borrowings for investment purposes) in equity securities. The Fund seeks to achieve its investment objective by investing in both equity and fixed-income securities, including money market securities and other short-term securities or instruments that the Fund management team believes may offer attractive risk-adjusted returns. Equity securities include common stock, preferred stock, securities convertible into common stock, American Depository Receipts, or securities or other instruments whose price is linked to the value of common stock. 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 the securities of companies of any market capitalization. The Fund may also invest in Real Estate Investment Trusts. The Fund seeks to provide risk-adjusted total return while managing volatility levels by using a systematic, model-based approach. Generally, the Fund seeks diversification across markets, industries and issuers as one of its strategies to reduce volatility. Fund management will consider a variety of factors when selecting the markets, such as the rate of economic growth, natural resources, capital reinvestment and the social and political environment. The Fund may invest in developed and emerging markets, including frontier markets. This flexibility allows Fund management to look for investments in markets around the world that it believes will provide the best relative asset allocation to meet the Funds objective.
In pursuing its investment objective, the Fund may utilize short positions. The Fund expects to implement short positions through short sales of any instrument that the Fund may purchase for investment or by using options, swaps, futures, forwards, contracts for difference or other derivative instruments. With respect to the Funds fixed-income investments, the Fund may invest in all types of debt securities, including, but not limited to, U.S. and foreign government bonds, corporate bonds and convertible bonds, structured notes, credit-linked notes, loan assignments and participations, mortgage- and asset-backed securities, inflation-linked bonds, and securities issued or guaranteed by certain international organizations such as the World Bank. The Fund may invest in junk bonds, corporate loans, bank loans and distressed securities.
These securities offer the possibility of relatively higher returns but are significantly riskier than higher rated debt securities. The Fund may invest in debt securities of any maturity or duration. The Fund may use derivatives, including options, futures, indexed securities, inverse securities, credit default swaps, swaps (including, but not limited to, total return swaps that may be referred to as contracts for difference) and forward contracts both to seek to increase the return of the Fund and to hedge (or protect) the value of its assets against adverse movements in currency exchange rates, interest rates and movements in the securities markets. Derivatives are financial instruments whose value is derived from another security, a commodity (such as oil or gas), a currency or an index.
The Fund has the ability to use forward currency contracts and other currency derivatives. From time to time, the Fund may own foreign cash equivalents or foreign bank deposits as part of the Funds investment strategy. The Fund may also invest in non-U.S. currencies, however, the Fund may underweight or overweight a currency based on the Fund management teams outlook. The Fund may invest a portion of its assets in securities related to real assets (like real estate- or precious metals-related securities) such as stock, bonds or convertible bonds issued by real estate investment trusts or companies that mine precious metals. The Fund may hold a portion of its assets in cash or cash equivalents. The Fund may seek to provide exposure to the investment returns of real assets that trade in the commodity markets through investment in commodity-linked derivative instruments and investment vehicles such as exchange traded funds that invest exclusively in commodities and are designed to provide this exposure without direct investment in physical commodities.
The Fund may gain exposure to commodity markets by investing up to 25% of its total assets in Cayman GA Disciplined Volatility Equity Fund, Ltd. (the Subsidiary), a wholly owned subsidiary of the Fund formed in the Cayman Islands, which invests primarily in commodity-related instruments. The Subsidiary may also hold cash and invest in other instruments, including fixed income securities, either as investments or to serve as margin or collateral for the Subsidiarys derivative positions. The Subsidiary (unlike the Fund) may invest without limitation in commodity-related instruments.
C000206473 Holdings
Top 10 holdings of BlackRock GA Disciplined Volatility Equity Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Johnson & Johnson | 1.68% |
| KDDI Corp | 1.49% |
| AT&T Inc | 1.46% |
| T-Mobile US Inc | 1.42% |
| Progressive Corp/The | 1.38% |
| Verizon Communications Inc | 1.35% |
| JPMorgan Chase Bank NA | 1.32% |
| McKesson Corp | 1.14% |
| Meta Platforms Inc | 1.12% |
| BlackRock Liquidity Funds | 1.07% |
C000206473 Portfolio Allocation
Asset-class allocation of BlackRock GA Disciplined Volatility Equity Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.7% |
| Cash & Equivalents | 1.1% |
C000206473 Performance
Total returns for C000206473 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 11.5% |
| 3 years (annualised) | 11.9% |
| 5 years (annualised) | 9.8% |
C000206473 Risk Information
Risk metrics for C000206473, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 8.8%
C000206473 Costs and Fees
C000206473 costs about $58 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.58%
- Gross expense ratio: 0.60%
- Portfolio turnover: 196%
- Brokerage commissions: 14.88 bps of average net assets (SEC N-CEN)
C000206473 Cashflows
Over the 12 months to 2025-07, BlackRock GA Disciplined Volatility Equity Fund had net inflows of $522.63M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2025-07 | $125.58M |
| 2025-06 | $66.89M |
| 2025-05 | $41.22M |
| 2025-04 | $64.10M |
| 2025-03 | $22.88M |
| 2025-02 | $25.14M |
C000206473 Debt Constituents
No individual debt constituents are reported in BlackRock GA Disciplined Volatility Equity Fund's latest SEC N-PORT filing.
C000206473 Prospectus and SEC Filings
Official BlackRock GA Disciplined Volatility Equity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-08-26
- Prospectus (485BPOS) — filed 2024-08-28
- Prospectus (485BPOS) — filed 2023-08-25
- Portfolio holdings (N-PORT) — filed 2025-09-24
- Portfolio holdings (N-PORT) — filed 2025-06-26
- Portfolio holdings (N-PORT) — filed 2025-03-27
- Annual census (N-CEN) — filed 2025-07-11
- Annual census (N-CEN) — filed 2024-07-12
Related Funds
Other Global (incl. US) Large Cap Blend / Core 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.