BlackRock 20/80 Target Allocation Inv A
BACPX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- WILMINGTON DE 19809 Wilmington DE United States of America 19809
- IPO Date
- Dec 26, 2006
- CIK
- 0000844779
- Website
- blackrock.com
- Similar Companies
- Business
- BlackRock 20/80 Target Allocation Fund Investor A (BACPX) is an open-end fund of funds that seeks a balance between long-term capital appreciation and high current income, with an emphasis on income, through a conservative allocation targeting approximately 20% equity and 80% fixed income exposure. The fund invests primarily in a diversified portfolio of underlying BlackRock mutual funds and iShares ETFs, including BlackRock Total Return Fund Class K Shares (approximately 17%); iShares 10-20 Year Treasury Bond ETF (approximately 13%); BlackRock Strategic Income Opportunities Portfolio Class K (approximately 12%); iShares Flexible Income Active ETF (approximately 8%); iShares Core International Aggregate Bond ETF; BlackRock Securitized Income Fund Institutional Shares; iShares Core S&P ETF Trust; iShares Core U.S. Aggregate Bond ETF; iShares 0-5 Year TIPS Bond ETF; and iShares S&P 500 Growth ETF Trust, among others, providing exposure to U.S. bonds (58%), non-U.S. bonds (22%), U.S. stocks (17%), non-U.S. stocks (5%), and other assets. It offers investors a risk-focused, multi-asset strategy blending active funds and ETFs across geographies, with primary exposure to North America (91%), emerging markets (5%), Europe (3%), and other regions; sectors include technology (6%), financial services (4%), and communication services (2%). Launched on December 21, 2006, and domiciled in the United States, the fund is managed by a team including Michael Gates (since 2015), Lisa O'Connor (since 2019), and Suzanne Ly (since 2025), with total net assets of approximately $443 million and a net expense ratio of 0.64% (gross 0.75%), subject to a 5.25% front-end sales charge. Available to U.S. investors through platforms like Schwab and Fidelity, it targets conservative allocation strategies with a minimum initial investment of $1,000. In June 2025, BlackRock, the fund's sponsor, completed its $12 billion acquisition of HPS Investment Partners, enhancing its private credit capabilities and integrating them with its $3 trillion public fixed income platform to meet evolving client demands across public and private markets. This strategic move supports broader fixed income exposures within funds like BACPX, positioning BlackRock to capitalize on structural shifts in financing toward capital markets.