Fund Evaluator:
BlackRock Advantage Global Investor A (MDGCX)
Follow This Fund
Best Performing in Global Large-Stock Blend Over the Last Year
| 26.2% | Victory Cornerstone Equity (UCEQX) |
| 24.5% | Destinations Real Assets Z (DRAZX) |
| 23.8% | Victory Capital Growth (USCGX) |
| 23.7% | Destinations Real Assets I (DRAFX) |
| 23.7% | Victory World Equity (USAWX) |
Fund Details
BlackRock Advantage Global Investor A Overview
BlackRock Advantage Global Investor A (MDGCX) is an actively managed International Equity Global Large-Stock Blend fund. BlackRock launched the fund in 1994.
The investment seeks long-term capital appreciation. The advisor primarily intends to invest in equity securities or other financial instruments that are components of, or have characteristics similar to, the securities included in the MSCI All Country World Index. The advisor anticipates it will allocate a substantial amount of its total assets in foreign securities, which may include securities (i) of foreign government issuers, (ii) of issuers organized or located outside the U.S., (iii) of issuers which primarily trade in a market located outside the U.S., or (iv) of issuers doing a substantial amount of business outside the U.S.
About BlackRock Advantage Global Investor A (MDGCX)
There are 3 members of the management team with an average tenure of 8.77 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 ACWI NR USD index with a weighting of 100%. BlackRock Advantage Global Investor A has 274 securities in its portfolio. The top 10 holdings constitute 26.9% 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 Global Investor A is part of the Equity global asset class and is within the International Equity fund group. BlackRock Advantage Global Investor A has 33.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 65.5%. There is 33.6% 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 Global Investor A has 0.6% of the portfolio in cash.
Assets Under Management
The fund has $341 million in total assets, which is below the $1 billion average for the Global Large-Stock 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.
MDGCX 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 Global Investor A expense ratio is high compared to funds in the Global Large-Stock Blend category. BlackRock Advantage Global Investor A has an expense ratio of 0.96%, which is 8% lower than its category average, making the fund expense ratio grade a C. 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 Global Investor A has a portfolio turnover rate of 160%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 43% for the Global Large-Stock Blend category.
Recently, in the month of July 2026, BlackRock Advantage Global Investor A returned 0.6%, which earned it a grade of C, as the Global Large-Stock Blend category had an average return of 0.8%. 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 Global Investor A has a trailing yield of 1.05%, which is above the 0.95% 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 Global Investor A Grades
Year to date, the fund has returned 16.8%, 7.0 percentage points better than the category, which translates into a grade of A. The fund has returned 30.5% over the past year (grade of A), 21.1% over the past three years (grade of A) and 12.4% per year over the past five years (grade of A) and 12.7% per year over the past 10 years (grade of A).
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MDGCX 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 |
|
| MDGCX Return (NAV) | 0.6% | 4.2% | 30.5% | 21.1% | 12.4% | 12.7% |
| MDGCX Grade | C | C | A | A | A | A |
| +/- Category | -0.2% | 0.5% | 11.7% | 5.8% | 3.5% | 2.0% |
| Global Large-Stock Blend Avg | 0.8% | 3.7% | 18.8% | 15.3% | 8.9% | 10.7% |
| MDGCX Tax Cost Ratio | na | na | 2.8% | 2.3% | 2.6% | 2.4% |
MDGCX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| MDGCX Return (NAV) | 16.8% | 23.6% | 18.6% | 22.4% | -17.9% | 17.6% | 15.5% | 25.5% | -11.7% | 23.5% | 7.6% |
| MDGCX Grade | A | B | A | B | C | C | B | D | D | C | B |
| +/- Category | 7.0% | 3.6% | 5.4% | 3.7% | -1.7% | 0.1% | 0.9% | -0.4% | -1.4% | 0.5% | 1.0% |
| Global Large-Stock Blend Avg | 9.8% | 20.1% | 13.2% | 18.8% | -16.2% | 17.5% | 14.6% | 25.9% | -10.4% | 23.0% | 6.6% |
| Risk Measures | |
| Standard Deviation: | 12.5% |
| Total Risk Index: | 1.02 - Average |
| Category Risk Index: | 1.01 - Average |
| Category Risk Grade: | C (53% Rank) |
| Beta: | 0.97 |
| R-Squared: | 96% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Value |
| Bond Investment Style: | na |
| Yield: | 1.1% |
| Dividend Distribution: | Semi-Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $617 Mil |
| Fund Total Assets: | $ 342 Mil |
| Share Class Type: | A |
| Portfolio Turnover: | 160% |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 8.8 years | |||
| Average Tenure: 8.8 years | |||
| Managers (Year): Franklin Kevin (2017), Mathieson Richard (2017), Savi Raffaele (2017) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 274 |
| % in Top 10 Holdings: | 26.9% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 33.6% |
Portfolio Allocation |
|
| Domestic Stock: | 65.5% |
| Foreign Stock: | 33.6% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.3% |
| Cash: | 0.6% |
Purchase Information
| Fund Family: | BlackRock |
| Phone Number: | 800-441-7762 |
| Website: | www.blackrock.com |
| Status: | Open |
| Inception Date: | August 5, 1994 |
| Min. Initial Purchase: | $1,000 |
| Min. Initial IRA Purchase: | $1,000 |
| True No-Load: | No |
| Front Load Maximum: | 5.25% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.25% |
Expenses and Fees | |
| Expense Ratio (%): | 0.96% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.05% |
| Share Class: | BlackRock Advantage Global Investor A |
| Min. Subsequent Purchase: | $ 50 |
| Min. Subsequent IRA Purchase: | $ 0 |
