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 12.99% places the fund in the F tier, between 9% and 100% exposure.

Methodology
F
Investments in major fossil fuel companies
BP PLC ADR
Carbon Underground 200Top 200 carbon reserves
$46.3 MILLION
Shell PLC
Carbon Underground 200Top 200 carbon reserves
$44.96 MILLION
American Electric Power Co Inc
Macroclimate 30Top 30 coal-fired power
$38.54 MILLION
Chevron Corp
Carbon Underground 200Top 200 carbon reserves
$21.33 MILLION
Suncor Energy Inc
Carbon Underground 200Top 200 carbon reserves
$18.61 MILLION
Fossil fuel holdings
Energy sector
Top 200 owners of carbon reserves
Top 200 owners of carbon reserves
Carbon Underground 200
4
holdings
$131.2M
invested
7.06%
of portfolio
Coal industry
Coal industry
Coal miners, coal services, owners of coal reserves
1
holdings
$38.54M
invested
2.07%
of portfolio
Oil/gas industry
Oil/gas industry
Oil/gas producers and refiners, oil field services and equipment companies, pipeline operators
8
holdings
$241.37M
invested
13%
of portfolio
Utility sector
Top 30 coal-fired utilities
Top 30 coal-fired utilities
Macroclimate 30
1
holdings
$38.54M
invested
2.07%
of portfolio
Fossil-fired utilities
Fossil-fired utilities
Utilities burning fossil fuels or distributing gas
2
holdings
$77.23M
invested
4.16%
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. BP PLC ADR
    Carbon Underground 200Oil/gas industry
    $46.3M
    2.49%
  • 2. Shell PLC
    Carbon Underground 200Oil/gas industry
    $44.96M
    2.42%
  • 3. Sempra
    Oil/gas industryFossil-fired utility
    $38.7M
    2.08%
  • 4. American Electric Power Co Inc
    Coal industryOil/gas industryMacroclimate 30Fossil-fired utility
    $38.54M
    2.07%
  • 5. Chevron Corp
    Carbon Underground 200Oil/gas industry
    $21.33M
    1.15%
See all
Share to spread the word.
Business as usual is fueling climate destruction.
BlackRock Large Cap Focus Value Fund $MABAX is 13% ($241.37 MILLION) invested in fossil fuel stocks
Tweet 
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: 2/29/24
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 
-4.43% less in annualized returns
More invested in fossil fuels 
4.48% more invested
Higher fossil finance risk score 
31 points higher
Lower fossil insurance risk score 
8 points lower
Less invested in Clean200 
15.51% 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: 2/29/24
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 
-4.43% less in annualized returns
More invested in fossil fuels 
4.48% more invested
Higher fossil finance risk score 
31 points higher
Lower fossil insurance risk score 
8 points lower
Less invested in Clean200 
15.51% 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: 2/29/24
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 
-4.43% less in annualized returns
More invested in fossil fuels 
4.48% more invested
Higher fossil finance risk score 
31 points higher
Lower fossil insurance risk score 
8 points lower
Less invested in Clean200 
15.51% 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
15%
10%
10%
8.22%
13% 
Benchmark
IVV - iShares Core S&P 500 ETF
30%
12%
15%
13%
8.51% 
Fund compared to benchmark
 
-15.84%
-1.86%
-4.58%
-4.43%
4.48%  higher
Find more financial data on MABAX at Morningstar.com
What's next?
Learn how to make a change and move your money
Get started with our action toolkit
Ask your employer about fossil free options for your retirement plan
Find sustainable funds that are A-grade fossil free
Divest Invest invites you to join them in pledging to invest fossil free
Visit Deforestation Free Funds to see exposure to rainforest destruction
More from Invest Your Values
See how mutual funds and ETFs are rated on issues ranging from fossil fuels, to deforestation, gender equality, guns, prisons, weapons, and tobacco


We offer sustainable investment tools that highlight issues dealing with climate change, gender equality and more

About us

Invest Your Values is funded by contributions to As You Sow, a non-profit 501(c)3.

Donate

Invest Your Values is a project by As You Sow, a 501(c)3 nonprofit empowering shareholders to change corporations for good

Visit As You Sow

Legal    
© Copyright 2024 As You Sow. All rights reserved.
Main Post Office, PO Box 751, Berkeley, CA 94701

Connect with As You Sow

Contact us      

Disclaimer: As You Sow is not an investment adviser

As You Sow is not an investment adviser as that term is defined under federal and state (California) laws and regulations. As You Sow is a tax-exempt, nonprofit organization dedicated to educating and empowering shareholders to change corporations for the good through the collection, analysis and dissemination of relevant information to the public, free of charge. As You Sow does not provide financial planning, legal or tax advice. Nothing on this website shall constitute or be construed as an offering of financial instruments, or as investment advice or investment recommendations.
See our full disclaimer