BlackRock Basic Value Fund
Fund offered by:
BlackRock/iShares
Ticker: MABAX
Fossil fuel grade: Fossil fuel exposure of 9.97% places the fund in the D grade range of between 7% and 11% exposure.Fossil fuel exposure of 9.97% places the fund in the D grade range of between 7% and 11% exposure.How we track fossil fuel investments
D
$186.57 MILLION
in fossil fuel investments
12
fossil fuel stocks found
9.97%
of assets flagged
Data as of 9/30/20
Fossil fuel holdings
  For each fossil fuel category, we show the fund's exposure, if we found any.
Click a category to see the breakdown of companies in the pie chart and list below.
Producers energy sector
Top 200 owners of carbon reserves
Top 200 owners of carbon reserves
Carbon Underground 200
2.93%
of assets
4
holdings
$54.76M
invested
Coal industry
Coal industry
Coal miners and 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
4.85%
of assets
6
holdings
$90.7M
invested
Consumers utility sector
Top 30 coal-fired utilities
Top 30 coal-fired utilities
Macroclimate 30
1.47%
of assets
1
holdings
$27.46M
invested
Fossil-fired utilities
Fossil-fired utilities
Electric utilities powered by coal and natural gas
5.12%
of assets
6
holdings
$95.86M
invested
All fossil fuel companies
12 holdings
12 holdings
  • 1. Berkshire Hathaway Inc Class B
    Macroclimate 30Fossil-fired utility
    1.47% of assets
    $27.46M invested
  • 2. Marathon Petroleum Corp
    Oil/gas industry
    1.4% of assets
    $26.26M invested
  • 3. Pioneer Natural Resources Co
    Carbon Underground 200Oil/gas industry
    0.95% of assets
    $17.8M invested
  • 4. ConocoPhillips
    Carbon Underground 200Oil/gas industry
    0.94% of assets
    $17.53M invested
  • 5. Public Service Enterprise Group Inc
    Fossil-fired utility
    0.93% of assets
    $17.32M invested
See all
Share to spread the word that business as usual is killing the climate.
BlackRock Basic Value Fund $MABAX is 9.97% invested in fossil fuel stocks, with $186.57 MILLION invested across 12 equity holdings
Tweet 
Financial performance
Performance data provided byMorningstarFind more financial data on MABAX at Morningstar.com
Current fund
MABAX
BlackRock Basic 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: 10/31/20
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 
-5.01% less in annualized returns
More invested in fossil fuels 
3.39% more invested
Higher carbon footprint 
12 tonnes CO2e/$1M USD higher
Less invested in Clean200 
1.5% less invested
Current fund
MABAX
BlackRock Basic 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: 10/31/20
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 
-5.01% less in annualized returns
More invested in fossil fuels 
3.39% more invested
Higher carbon footprint 
12 tonnes CO2e/$1M USD higher
Less invested in Clean200 
1.5% less invested
Current fund
MABAX
BlackRock Basic 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: 10/31/20
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 
-5.01% less in annualized returns
More invested in fossil fuels 
3.39% more invested
Higher carbon footprint 
12 tonnes CO2e/$1M USD higher
Less invested in Clean200 
1.5% less 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
-10.15%
0.6%
3.68%
7.94%
9.97% 
Benchmark
IVV - iShares Core S&P 500 ETF
9.68%
10%
12%
13%
6.58% 
Fund compared to benchmark
 
-19.83%
-9.79%
-7.99%
-5.01%
3.39%  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 socially responsible funds that are five-badge 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