Fossil fuel companiesare fueling the climate crisis.


BlackRock Equity Dividend Fund

Shareclass
BlackRock Equity Dividend Instl (MADVX)
Type
Open-end mutual fund
Fossil fuel exposure of 13.65% places the fund in the F tier, between 9% and 100% exposure.

Methodology
F
Investments in major fossil fuel companies
BP PLC
Carbon Underground 200Top 200 carbon reserves
$405.77 MILLION
Shell PLC
Carbon Underground 200Top 200 carbon reserves
$307.47 MILLION
Hess Corp
Carbon Underground 200Top 200 carbon reserves
$219.75 MILLION
American Electric Power Co Inc
Macroclimate 50Top 50 coal-fired power
$149.9 MILLION
Suncor Energy Inc
Carbon Underground 200Top 200 carbon reserves
$113.09 MILLION
EQT Corp
Carbon Underground 200Top 200 carbon reserves
$53.3 MILLION
Fossil fuel holdings
Energy sector
Top 200 owners of carbon reserves
Top 200 owners of carbon reserves
Carbon Underground 200
5
holdings
$1.1B
invested
5.64%
of portfolio
Coal industry
Coal industry
Coal miners, coal services, owners of coal reserves
3
holdings
$436.91M
invested
2.24%
of portfolio
Oil/gas industry
Oil/gas industry
Oil/gas producers and refiners, oil field services and equipment companies, pipeline operators
12
holdings
$2.29B
invested
12%
of portfolio
Utility sector
Top 50 coal-fired utilities
Top 50 coal-fired utilities
Macroclimate 50
1
holdings
$149.9M
invested
0.77%
of portfolio
Fossil-fired utilities
Fossil-fired utilities
Utilities burning fossil fuels or distributing gas
6
holdings
$1.06B
invested
5.42%
of portfolio
  When calculating a portfolio's screen exposure, we only consider long investments, ignoring any shorts or liabilities.
All fossil fuel companies
14 holdings
14 holdings
  • 1. BP PLC
    Carbon Underground 200Oil/gas industry
    $405.77M
    2.08%
  • 2. Shell PLC
    Carbon Underground 200Oil/gas industry
    $307.47M
    1.58%
  • 3. Sempra
    Oil/gas industryFossil-fired utility
    $241.91M
    1.24%
  • 4. Hess Corp
    Carbon Underground 200Oil/gas industry
    $219.75M
    1.13%
  • 5. PG&E Corp
    Fossil-fired utility
    $203.73M
    1.04%
See all
Share to spread the word.
Business as usual is fueling climate destruction.
BlackRock Equity Dividend Fund $MADVX is 14% ($2.66 BILLION) invested in fossil fuel stocks
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Financial performance
Performance data provided byMorningstarFind more financial data on MADVX at Morningstar.com
Current fund
MADVX
BlackRock Equity Dividend 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 
-3.42% less in annualized returns
More invested in fossil fuels 
5.32% more invested
Higher fossil finance risk score 
38 points higher
Lower fossil insurance risk score 
9 points lower
Less invested in Clean200 
5.95% less invested
Current fund
MADVX
BlackRock Equity Dividend 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 
-3.42% less in annualized returns
More invested in fossil fuels 
5.32% more invested
Higher fossil finance risk score 
38 points higher
Lower fossil insurance risk score 
9 points lower
Less invested in Clean200 
5.95% less invested
Current fund
MADVX
BlackRock Equity Dividend 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 
-3.42% less in annualized returns
More invested in fossil fuels 
5.32% more invested
Higher fossil finance risk score 
38 points higher
Lower fossil insurance risk score 
9 points lower
Less invested in Clean200 
5.95% less invested
Month-end trailing returns  
Annualized returns
Climate analysis
1-yr
3-yr
5-yr
10-yr
Fossil fuel %
This fund
MADVX - BlackRock Equity Dividend Fund
26%
6.69%
10%
9.54%
14% 
Benchmark
IVV - iShares Core S&P 500 ETF
38%
9.05%
15%
13%
8.32% 
Fund compared to benchmark
 
-12.17%
-2.37%
-5.2%
-3.42%
5.32%  higher
Find more financial data on MADVX at Morningstar.com
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