Fossil fuel companiesare fueling the climate crisis.


BlackRock Large Cap Focus Value Fund

Shareclass
BlackRock Large Cap Focus Value Instl (MABAX)
Type
Open-end mutual fund
Fossil fuel exposure of 13.59% places the fund in the F tier, between 9% and 100% exposure.

Methodology
F
Investments in major fossil fuel companies
Hess Corp
Carbon Underground 200Top 200 carbon reserves
$42.1 MILLION
BP PLC ADR
Carbon Underground 200Top 200 carbon reserves
$39.07 MILLION
Shell PLC
Carbon Underground 200Top 200 carbon reserves
$35.66 MILLION
Suncor Energy Inc
Carbon Underground 200Top 200 carbon reserves
$19.57 MILLION
Fossil fuel holdings
Energy sector
Top 200 owners of carbon reserves
Top 200 owners of carbon reserves
Carbon Underground 200
4
holdings
$136.41M
invested
6.96%
of portfolio
Coal industry
Coal industry
Coal miners, coal services, owners of coal reserves
No direct stock holdings
Oil/gas industry
Oil/gas industry
Oil/gas producers and refiners, oil field services and equipment companies, pipeline operators
8
holdings
$266.09M
invested
14%
of portfolio
Utility sector
Top 50 coal-fired utilities
Top 50 coal-fired utilities
Macroclimate 50
No direct stock holdings
Fossil-fired utilities
Fossil-fired utilities
Utilities burning fossil fuels or distributing gas
2
holdings
$99.43M
invested
5.08%
of portfolio
  When calculating a portfolio's screen exposure, we only consider long investments, ignoring any shorts or liabilities.
All fossil fuel companies
8 holdings
8 holdings
  • 1. Sempra
    Oil/gas industryFossil-fired utility
    $49.85M
    2.55%
  • 2. Entergy Corp
    Oil/gas industryFossil-fired utility
    $49.58M
    2.53%
  • 3. Hess Corp
    Carbon Underground 200Oil/gas industry
    $42.1M
    2.15%
  • 4. BP PLC ADR
    Carbon Underground 200Oil/gas industry
    $39.07M
    1.99%
  • 5. Shell PLC
    Carbon Underground 200Oil/gas industry
    $35.66M
    1.82%
See all
Share to spread the word.
Business as usual is fueling climate destruction.
BlackRock Large Cap Focus Value Fund $MABAX is 14% ($266.09 MILLION) invested in fossil fuel stocks
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Financial performance
Performance data provided byMorningstarFind more financial data on MABAX at Morningstar.com
Current fund
MABAX
BlackRock Large Cap Focus Value Fund
Family
BlackRock/iShares
Category
Large Value
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 10/31/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: S&P 500
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower
 10-yr returns 
-4.63% less in annualized returns
More invested in fossil fuels 
5.26% more invested
Higher fossil finance risk score 
41 points higher
Lower fossil insurance risk score 
8 points lower
Less invested in Clean200 
7.68% less invested
Current fund
MABAX
BlackRock Large Cap Focus Value Fund
Family
BlackRock/iShares
Category
Large Value
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 10/31/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: S&P 500
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower
 10-yr returns 
-4.63% less in annualized returns
More invested in fossil fuels 
5.26% more invested
Higher fossil finance risk score 
41 points higher
Lower fossil insurance risk score 
8 points lower
Less invested in Clean200 
7.68% less invested
Current fund
MABAX
BlackRock Large Cap Focus Value Fund
Family
BlackRock/iShares
Category
Large Value
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 10/31/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: S&P 500
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower
 10-yr returns 
-4.63% less in annualized returns
More invested in fossil fuels 
5.26% more invested
Higher fossil finance risk score 
41 points higher
Lower fossil insurance risk score 
8 points lower
Less invested in Clean200 
7.68% less invested
Month-end trailing returns  
Annualized returns
Climate analysis
1-yr
3-yr
5-yr
10-yr
Fossil fuel %
This fund
MABAX - BlackRock Large Cap Focus Value Fund
29%
7.94%
11%
8.34%
14% 
Benchmark
IVV - iShares Core S&P 500 ETF
38%
9.05%
15%
13%
8.32% 
Fund compared to benchmark
 
-9.35%
-1.12%
-4.32%
-4.63%
5.26%  higher
Find more financial data on MABAX at Morningstar.com
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