BlackRock U.S. Impact Fund
Data updated: 2023-09-27
C000219483 — BlackRock U.S. Impact Fund. Global (incl. US) Blend / Core Equity · $5.77M AUM. Holdings, fees, performance and SEC filings.
C000219483 Fund Overview
BlackRock U.S. Impact Fund is a US mutual fund managed by Blackrock Funds, categorised as Global (incl. US) 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: Blackrock Funds
- Category: Global (incl. US) Blend / Core Equity
- Assets under management: $5.77M
- 1-year return: -4.6%
- SEC CIK: 0000844779
- SEC series ID: S000068583
- Share class ID: C000219483
C000219483 Investment Objective and Strategy
BlackRock U.S. Impact 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 U.S. Impact Fund (the Fund), a series of BlackRock Funds SM (the Trust), is to seek total return.
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 U.S. securities. The Fund will invest primarily in equity securities and other financial instruments that have similar economic characteristics to such securities. Equity securities include, but are not limited to, common stock, preferred stock, convertible securities and depositary receipts. The Fund may invest in issuers of any market capitalization, including small- to mid-capitalization companies. BlackRock will seek to invest in portfolio securities that BlackRock believes (i) can bring additional and measurable impact based on the Impact Themes (as defined below) and (ii) also have the potential to produce attractive long-term returns across economic sectors.
As part of its methodology, BlackRock identifies Impact Themes (including, but not limited to, affordable housing, education and skilling, financial and digital inclusion, public health, safety and security, efficiency, electrification and digitalization, green energy, pollution remediation and prevention, sustainable food, water and waste) that seek to encapsulate companies which are helping to address the United Nations Sustainable Development Goals (SDGs) through their products and services. The SDGs are a series of goals published by the United Nations that recognize that ending poverty and other deprivations must go hand-in-hand with improvements in health, education, and economic growth, and reduction in inequalities, while tackling climate change and working to preserve the planets oceans and forests.
BlackRock maps its Impact Themes to the SDGs and considers whether a portfolio companys core business areas align to the Impact Themes. BlackRock considers three main criteria when selecting portfolio constituents for the investment universe: materiality (that a majority of revenues or business activity advances one or more of the SDGs); additionality (that a companys products and/or services address a specific need that is unlikely to be met by other institutions); and measurability (that the impact a company is achieving over time can be quantified). The Fund is classified as non-diversified under the Investment Company Act of 1940, as amended.
C000219483 Performance
Total returns for C000219483 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -4.6% |
| 3 years (annualised) | 1.8% |
C000219483 Risk Information
Risk metrics for C000219483, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 17.6%
C000219483 Costs and Fees
C000219483 costs about $75 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.75%
- Gross expense ratio: 1.27%
- Portfolio turnover: 112%
- Brokerage commissions: 2.91 bps of average net assets (SEC N-CEN)
C000219483 Cashflows
Over the 12 months to 2023-07, BlackRock U.S. Impact Fund had net inflows of $10.28K, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-07 | −$10.19K |
| 2023-06 | $864 |
| 2023-05 | $820 |
| 2023-04 | $412 |
| 2023-03 | $1.95K |
| 2023-02 | $1.47K |
C000219483 Debt Constituents
No individual debt constituents are reported in BlackRock U.S. Impact Fund's latest SEC N-PORT filing.
C000219483 Prospectus and SEC Filings
Official BlackRock U.S. Impact Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2022-08-24
- Prospectus (485BPOS) — filed 2021-08-26
- Prospectus supplement (497) — filed 2021-02-12
- Portfolio holdings (N-PORT) — filed 2023-09-27
- Portfolio holdings (N-PORT) — filed 2023-06-26
- Portfolio holdings (N-PORT) — filed 2023-03-28
- Annual census (N-CEN) — filed 2023-07-12
- Annual census (N-CEN) — filed 2022-07-12
Related Funds
Other Global (incl. US) 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.