BlackRock Basic Value Fund
Fund offered by:
BlackRock
Ticker: MABAX
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A fund can earn up to five badges for avoiding stock investments in different fossil fuel sectors.
See how we track fossil fuel investments
$330.64 MILLION
in fossil fuel investments
9
fossil fuel stocks found
16%
of assets flagged
Data as of 6/30/19
  For each fossil fuel category, we show the fund's exposure, or a green badge if it's clean.
Click a category to see the breakdown of companies in the pie chart and list below.
Producers energy sector
Carbon Underground 200
Carbon Underground 200
Top 200 owners of coal and oil/gas reserves
8.48%
of assets
5
holdings
$180.88M
invested
Coal industry
Coal industry
Coal miners and owners of coal reserves
2.38%
of assets
1
holdings
$50.65M
invested
Oil/gas industry
Oil/gas industry
Oil/gas producers and refiners, oil field services and equipment companies, pipeline operators
8.8%
of assets
6
holdings
$187.67M
invested
Consumers utility sector
Macroclimate 30
Macroclimate 30
30 largest coal-fired utilities
4.71%
of assets
2
holdings
$100.35M
invested
Fossil-fired utilities
Fossil-fired utilities
Electric utilities powered by coal and natural gas
6.71%
of assets
3
holdings
$142.97M
invested
All fossil fuel companies
9 holdings
9 holdings
  • 1. BP PLC ADR
    Carbon Underground 200Oil/gas industry
    2.94% of assets
    $62.71M invested
  • 2. FirstEnergy Corp
    Carbon Underground 200Coal industryMacroclimate 30Fossil-fired utility
    2.38% of assets
    $50.65M invested
  • 3. The AES Corp
    Macroclimate 30Fossil-fired utility
    2.33% of assets
    $49.69M invested
  • 4. Williams Companies Inc
    Oil/gas industry
    2.09% of assets
    $44.58M invested
  • 5. Exelon Corp
    Fossil-fired utility
    2% of assets
    $42.62M invested
See all
Share to spread the word that business as usual is killing the climate.
BlackRock Basic Value Fund $MABAX is 16% invested in fossil fuel stocks, with $330.64 MILLION invested across 9 equity holdings
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Financial performance
Performance data provided byMorningstarFind more financial data on MABAX at Morningstar.com
Current fund
MABAX
BlackRock Basic Value Fund
Family
BlackRock
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: 7/31/19
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 
-3.01% less in annualized returns
More invested in fossil fuels 
5.86% more invested
Higher carbon footprint 
200 tonnes CO2e/$1M USD higher
More invested in Clean200 
3.27% more invested
Current fund
MABAX
BlackRock Basic Value Fund
Family
BlackRock
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: 7/31/19
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 
-3.01% less in annualized returns
More invested in fossil fuels 
5.86% more invested
Higher carbon footprint 
200 tonnes CO2e/$1M USD higher
More invested in Clean200 
3.27% more invested
Current fund
MABAX
BlackRock Basic Value Fund
Family
BlackRock
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: 7/31/19
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 
-3.01% less in annualized returns
More invested in fossil fuels 
5.86% more invested
Higher carbon footprint 
200 tonnes CO2e/$1M USD higher
More invested in Clean200 
3.27% more invested
Month-end trailing returns  
Annualized returns
Climate analysis
1-yr
3-yr
5-yr
10-yr
Fossil fuel %
This fund
MABAX - BlackRock Basic Value Fund
1.08%
7.91%
5.86%
11%
16% 
Benchmark
IVV - iShares Core S&P 500 ETF
7.96%
13%
11%
14%
9.65% 
Fund compared to benchmark
 
-6.87%
-5.41%
-5.43%
-3.01%
5.86%  higher
Find more financial data on MABAX at Morningstar.com
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