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% 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
$371.35 MILLION
Shell PLC
Carbon Underground 200Top 200 carbon reserves
$311.17 MILLION
Hess Corp
Carbon Underground 200Top 200 carbon reserves
$216.36 MILLION
American Electric Power Co Inc
Macroclimate 50Top 50 coal-fired power
$114.5 MILLION
Suncor Energy Inc
Carbon Underground 200Top 200 carbon reserves
$105.66 MILLION
Fossil fuel holdings
Energy sector
Top 200 owners of carbon reserves
Top 200 owners of carbon reserves
Carbon Underground 200
4
holdings
$1B
invested
5.28%
of portfolio
Coal industry
Coal industry
Coal miners, coal services, owners of coal reserves
3
holdings
$411.68M
invested
2.16%
of portfolio
Oil/gas industry
Oil/gas industry
Oil/gas producers and refiners, oil field services and equipment companies, pipeline operators
11
holdings
$2.13B
invested
11%
of portfolio
Utility sector
Top 50 coal-fired utilities
Top 50 coal-fired utilities
Macroclimate 50
1
holdings
$114.5M
invested
0.6%
of portfolio
Fossil-fired utilities
Fossil-fired utilities
Utilities burning fossil fuels or distributing gas
6
holdings
$965.65M
invested
5.07%
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
    $371.35M
    1.95%
  • 2. Shell PLC
    Carbon Underground 200Oil/gas industry
    $311.17M
    1.63%
  • 3. Sempra
    Oil/gas industryFossil-fired utility
    $230.69M
    1.21%
  • 4. Hess Corp
    Carbon Underground 200Oil/gas industry
    $216.36M
    1.14%
  • 5. Air Products & Chemicals Inc
    Coal industryOil/gas industry
    $206.3M
    1.08%
See all
Share to spread the word.
Business as usual is fueling climate destruction.
BlackRock Equity Dividend Fund $MADVX is 13% ($2.47 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: 11/30/24
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 
-3.46% less in annualized returns
More invested in fossil fuels 
4.6% more invested
Higher fossil finance risk score 
42 points higher
Lower fossil insurance risk score 
8 points lower
Less invested in Clean200 
6% 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: 11/30/24
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 
-3.46% less in annualized returns
More invested in fossil fuels 
4.6% more invested
Higher fossil finance risk score 
42 points higher
Lower fossil insurance risk score 
8 points lower
Less invested in Clean200 
6% 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: 11/30/24
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 
-3.46% less in annualized returns
More invested in fossil fuels 
4.6% more invested
Higher fossil finance risk score 
42 points higher
Lower fossil insurance risk score 
8 points lower
Less invested in Clean200 
6% 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
23%
10%
10%
9.85%
13% 
Benchmark
IVV - iShares Core S&P 500 ETF
34%
11%
16%
13%
8.4% 
Fund compared to benchmark
 
-11.32%
-1.2%
-5.47%
-3.46%
4.6%  higher
Find more financial data on MADVX at Morningstar.com
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