Fund Evaluator:
BlackRock Advantage International Inv C (BROCX)
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Best Performing in Foreign Large Blend Over the Last Year
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Fund Details
BlackRock Advantage International Inv C Overview
BlackRock Advantage International Inv C (BROCX) is an actively managed International Equity Foreign Large Blend fund. BlackRock launched the fund in 2006.
The investment seeks to provide long-term capital appreciation. The fund seeks to invest at least 80% of its net assets plus the amount of any borrowings for investment purposes in non-U.S. equity securities and equity-like instruments of companies that are components of, or have characteristics similar to, the companies included in the MSCI EAFE® Index (the "MSCI EAFE Index") and derivatives that are tied economically to securities of the MSCI EAFE Index. Equity securities include common stock, preferred stock and convertible securities. It primarily seeks to buy common stock and may also invest in preferred stock and convertible securities.
About BlackRock Advantage International Inv C (BROCX)
There are 3 members of the management team with an average tenure of 9.14 years: Kevin Franklin (2017), Richard Mathieson (2017), Raffaele Savi (2017). Management tenure is more important for actively managed funds than passive index funds.
The fund has 1 primary benchmark: MSCI EAFE NR USD index with a weighting of 100%. BlackRock Advantage International Inv C has 547 securities in its portfolio. The top 10 holdings constitute 17.6% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
BlackRock Advantage International Inv C is part of the Equity global asset class and is within the International Equity fund group. BlackRock Advantage International Inv C has 99.3% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.4%. There is 99.3% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). BlackRock Advantage International Inv C has 0.3% of the portfolio in cash.
Assets Under Management
The fund has $20 million in total assets, which is below the $2 billion average for the Foreign Large Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
BROCX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The BlackRock Advantage International Inv C expense ratio is high compared to funds in the Foreign Large Blend category. BlackRock Advantage International Inv C has an expense ratio of 1.50%, which is 59% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. BlackRock Advantage International Inv C has a portfolio turnover rate of 113%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 62% for the Foreign Large Blend category.
Recently, in the month of July 2026, BlackRock Advantage International Inv C returned 1.5%, which earned it a grade of B, as the Foreign Large Blend category had an average return of 0.7%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
BlackRock Advantage International Inv C has a trailing yield of 2.09%, which is below the 2.17% category average. The fund normally distributes its income semi-annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
BlackRock Advantage International Inv C Grades
Year to date, the fund has returned 12.3%, 0.6 percentage points better than the category, which translates into a grade of C. The fund has returned 25.1% over the past year (grade of C), 16.8% over the past three years (grade of B) and 9.9% per year over the past five years (grade of B) and 8.9% per year over the past 10 years (grade of C).
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BROCX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| BROCX Return (NAV) | 1.5% | 5.1% | 25.1% | 16.8% | 9.9% | 8.9% |
| BROCX Grade | B | B | C | B | B | C |
| +/- Category | 0.8% | 0.7% | 0.9% | 0.9% | 1.5% | -0.2% |
| Foreign Large Blend Avg | 0.7% | 4.4% | 24.2% | 15.9% | 8.4% | 9.1% |
| BROCX Tax Cost Ratio | na | na | 2.7% | 1.6% | 1.5% | 1.1% |
BROCX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| BROCX Return (NAV) | 12.3% | 31.2% | 5.7% | 18.2% | -14.3% | 11.9% | 6.3% | 20.4% | -15.9% | 22.9% | 2.1% |
| BROCX Grade | C | C | B | B | B | B | F | D | D | F | B |
| +/- Category | 0.6% | 0.6% | 0.8% | 2.0% | 2.1% | 1.8% | -5.5% | -2.5% | -0.6% | -3.5% | 1.1% |
| Foreign Large Blend Avg | 11.6% | 30.5% | 4.9% | 16.2% | -16.4% | 10.2% | 11.8% | 22.9% | -15.2% | 26.4% | 1.0% |
| Risk Measures | |
| Standard Deviation: | 12.3% |
| Total Risk Index: | 1.01 - Average |
| Category Risk Index: | 0.95 - Below Average |
| Category Risk Grade: | B (21% Rank) |
| Beta: | 0.83 |
| R-Squared: | 87% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Blend |
| Bond Investment Style: | na |
| Yield: | 2.1% |
| Dividend Distribution: | Semi-Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $8912 Mil |
| Fund Total Assets: | $ 21 Mil |
| Share Class Type: | C |
| Portfolio Turnover: | 113% |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 9.1 years | |||
| Average Tenure: 9.1 years | |||
| Managers (Year): Franklin Kevin (2017), Mathieson Richard (2017), Savi Raffaele (2017) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 547 |
| % in Top 10 Holdings: | 17.6% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 99.3% |
Portfolio Allocation |
|
| Domestic Stock: | 0.4% |
| Foreign Stock: | 99.3% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.1% |
| Cash: | 0.3% |
Purchase Information
| Fund Family: | BlackRock |
| Phone Number: | 800-441-7762 |
| Website: | www.blackrock.com |
| Status: | Open |
| Inception Date: | January 31, 2006 |
| Min. Initial Purchase: | $1,000 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | No |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 1.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 1.00% |
Expenses and Fees | |
| Expense Ratio (%): | 1.50% ( Rating : High ) |
| Category Average Expense Ratio (%): | 0.94% |
| Share Class: | BlackRock Advantage International Instl |
| Min. Subsequent Purchase: | $ 50 |
| Min. Subsequent IRA Purchase: | $ 0 |
