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 13.1% 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
$469.27 MILLION
Shell PLC
Carbon Underground 200Top 200 carbon reserves
$453.69 MILLION
Chevron Corp
Carbon Underground 200Top 200 carbon reserves
$223.98 MILLION
Suncor Energy Inc
Carbon Underground 200Top 200 carbon reserves
$216.84 MILLION
American Electric Power Co Inc
Macroclimate 30Top 30 coal-fired power
$216.36 MILLION
Fossil fuel holdings
Energy sector
Top 200 owners of carbon reserves
Top 200 owners of carbon reserves
Carbon Underground 200
4
holdings
$1.36B
invested
7.16%
of portfolio
Coal industry
Coal industry
Coal miners, coal services, owners of coal reserves
2
holdings
$283.46M
invested
1.49%
of portfolio
Oil/gas industry
Oil/gas industry
Oil/gas producers and refiners, oil field services and equipment companies, pipeline operators
9
holdings
$2.08B
invested
11%
of portfolio
Utility sector
Top 30 coal-fired utilities
Top 30 coal-fired utilities
Macroclimate 30
1
holdings
$216.36M
invested
1.14%
of portfolio
Fossil-fired utilities
Fossil-fired utilities
Utilities burning fossil fuels or distributing gas
6
holdings
$820.06M
invested
4.31%
of portfolio
  When calculating a portfolio's screen exposure, we only consider long investments, ignoring any shorts or liabilities.
All fossil fuel companies
13 holdings
13 holdings
  • 1. BP PLC
    Carbon Underground 200Oil/gas industry
    $469.27M
    2.46%
  • 2. Shell PLC
    Carbon Underground 200Oil/gas industry
    $453.69M
    2.38%
  • 3. Chevron Corp
    Carbon Underground 200Oil/gas industry
    $223.98M
    1.18%
  • 4. Suncor Energy Inc
    Carbon Underground 200Oil/gas industry
    $216.84M
    1.14%
  • 5. American Electric Power Co Inc
    Coal industryOil/gas industryMacroclimate 30Fossil-fired utility
    $216.36M
    1.14%
See all
Share to spread the word.
Business as usual is fueling climate destruction.
BlackRock Equity Dividend Fund $MADVX is 13% ($2.49 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: 5/31/24
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 
-3.11% less in annualized returns
More invested in fossil fuels 
4.16% more invested
Higher fossil finance risk score 
44 points higher
Lower fossil insurance risk score 
1 points lower
Less invested in Clean200 
9.02% 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: 5/31/24
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 
-3.11% less in annualized returns
More invested in fossil fuels 
4.16% more invested
Higher fossil finance risk score 
44 points higher
Lower fossil insurance risk score 
1 points lower
Less invested in Clean200 
9.02% 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: 5/31/24
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 
-3.11% less in annualized returns
More invested in fossil fuels 
4.16% more invested
Higher fossil finance risk score 
44 points higher
Lower fossil insurance risk score 
1 points lower
Less invested in Clean200 
9.02% 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
21%
5.78%
11%
9.54%
13% 
Benchmark
IVV - iShares Core S&P 500 ETF
28%
9.54%
16%
13%
8.94% 
Fund compared to benchmark
 
-6.82%
-3.75%
-4.31%
-3.11%
4.16%  higher
Find more financial data on MADVX at Morningstar.com
What's next?
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