BlackRock High Equity Income Fund
BMCIX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
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
FRC
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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 - Income
- Address
- WILMINGTON DE 19809 Wilmington DE United States of America 19809
- IPO Date
- Apr 30, 1998
- CIK
- 0000844779
- Website
- blackrock.com
- Similar Companies
- Business
- BlackRock High Equity Income Fund (BMCIX) is a mutual fund managed by BlackRock Advisors, LLC, that seeks total return and current income through a portfolio emphasizing high dividend-yielding U.S. equity securities. The fund invests primarily in common stocks of U.S. companies with above-average dividend yields relative to the market; convertible securities; preferred stocks; and debt securities, including those issued by non-U.S. companies, with up to 20% allocation to emerging market securities. It employs a bottom-up investment process focusing on dividend growth, financial strength, and valuation, complemented by options strategies such as covered calls and credit spreads to enhance income. The fund operates globally with a focus on U.S. large- and mid-cap equities, targeting income-oriented investors including retirees and institutions. Launched in 2001 and domiciled in Wilmington, Delaware, under the BlackRock, Inc. umbrella. In recent developments, the fund benefited from BlackRock's 2024 strategic enhancements to its income-focused offerings amid market volatility, including expanded use of systematic equity strategies and integration of AI-driven analytics for dividend selection; no major acquisitions or name changes reported in 2024-2025.