BlackRock Mid-Cap Value Fund
MDRFX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- WILMINGTON DE 19809 Wilmington DE United States of America 02199
- IPO Date
- Jan 31, 1995
- Website
- mfs.com
- Similar Companies
- Business
- BlackRock Mid-Cap Value Fund Investor A Shares (MDRFX) is an open-end mutual fund that invests primarily in equity securities of mid-capitalization companies exhibiting value characteristics, with a focus on those paying attractive, sustainable, and growing dividends to deliver mid-cap equity returns with reduced volatility. The fund offers Investor A shares with a front-end sales charge, alongside other share classes including Institutional (MARFX), Investor C (MCRFX), Class K (MJRFX), and Class R (MRRFX); it employs a fundamental, bottom-up investment process emphasizing high-quality companies across sectors such as financials, industrials, health care, consumer staples, and information technology, with top holdings including First Citizens Bancshares Inc., SS&C Technologies Holdings Inc., Cardinal Health Inc., CVS Health Corp., and L3Harris Technologies Inc. Managed by BlackRock Advisors, LLC, the fund targets long-term capital appreciation and dividend income for individual and institutional investors seeking exposure to U.S. mid-cap value stocks, benchmarked against the Russell Midcap Value Index and Russell 1000 Index. Established in 1994 as part of BlackRock Mid-Cap Value Series, Inc., and headquartered at 100 Bellevue Parkway, Wilmington, Delaware, with principal operations in New York, New York, the fund previously operated under the name BlackRock Mid Cap Value Opportunities Fund until a strategy shift prior to June 12, 2017, after which returns reflect the current mid-cap value dividend-focused approach. It maintains a portfolio turnover rate of approximately 28% to 62%, a net expense ratio of 1.00% for Investor A shares (excluding certain investment-related expenses at 0.99%), and total net assets exceeding $881 million as of April 30, 2025. In recent developments, the fund announced an upcoming portfolio manager transition effective December 31, 2025, with Tony DeSpirito, a managing director since 2017, stepping down from his role, while the team continues under David Zhao and others including Cem Inal and Kyle McClements as of late 2025; this follows performance contributions from sectors like communication services, financials, and industrials, and detractors in energy and consumer staples during the fiscal year ended April 30, 2025, which posted a 2.79% return for Investor A shares versus 5.24% for the Russell Midcap Value Index. The fund does not pursue an ESG, sustainable, or impact investment strategy, prioritizing instead traditional value and dividend growth metrics across its approximately 114 holdings.