BlackRock Basic Value Fund
Fund offered by:
BlackRock/iShares
Ticker: MABAX
Deforestation grade: B
This grade is based on how much money the fund has invested in three key deforestation-driving sectors: commodity producers, banks and lenders, and major consumer brands.
See how we track deforestation-risk investments
B
15.54%
INVESTED IN DEFORESTATION-RISK COMPANIES
producers
AGRIBUSINESS
deforestation-risk producers and traders of palm oil, paper/pulp, rubber, timber, cattle, and soy
banks
BANKS AND LENDERS
that finance deforestation-risk agribusiness producers via lending and underwriting
consumers
MAJOR CONSUMER BRANDS
that use deforestation-risk agribusiness commodities in products
9
HOLDINGS FLAGGED
15%
OF ASSETS FLAGGED
This fund contains
 $241.96 MILLION invested 
in holdings flagged for deforestation risk
BlackRock, the world's largest investment firm, is among the world's top investors in the agribusiness companies responsible for destroying our tropical rainforests. To make the urgent transformations needed to end global deforestation and reign in the climate crisis, BlackRock needs to change its ways. Tell BlackRock to adopt a No Deforestation Policy!
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producers
Commodity producers
0 holdings
0% of assets
$0 invested
banks
Banks and lenders
3 holdings
6.74% of assets
$107.09 MILLION invested
consumers
Major consumer brands
6 holdings
8.49% of assets
$134.87 MILLION invested
No holdings icon
Commodity producers
0 HOLDINGS
Companies that produce and trade palm oil, paper/pulp, rubber, timber, cattle, and soy, and have a past record or a significant risk of contributing to deforestation, land grabbing, and human rights abuses. Investing in any of these companies assigns a fund a grade of F.
Banks and lenders
Banks and lenders
3 HOLDINGS
Financial institutions directly and indirectly involved in underwriting and lending to deforestation-risk producers and traders. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
3 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Citigroup Inc
    3.15%3.15% of portfolio
    $50.05M$50.05M invested
  • 2. JPMorgan Chase & Co
    1.88%1.88% of portfolio
    $29.83M$29.83M invested
  • 3. Bank of America Corp
    1.71%1.71% of portfolio
    $27.21M$27.21M invested
Major consumer brands
Major consumer brands
6 HOLDINGS
Consumer goods retailers that source palm oil, paper/pulp, rubber, timber, cattle, and soy from deforestation-risk producers and traders and sell it to consumers worldwide. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
6 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Dollar Tree Inc
    Palm oil major consumer brand
    2.55%2.55% of portfolio
    $40.44M$40.44M invested
    Palm oil major consumer brand
  • 2. Unilever NV ADR
    Palm oil major consumer brand
    2.3%2.3% of portfolio
    $36.5M$36.5M invested
    Palm oil major consumer brand
  • 3. CVS Health Corp
    Palm oil major consumer brand
    1.58%1.58% of portfolio
    $25.18M$25.18M invested
    Palm oil major consumer brand
  • 4. Lowe's Companies Inc
    Cattle major consumer brandTimber major consumer brandRubber major consumer brand
    1.12%1.12% of portfolio
    $17.86M$17.86M invested
    Cattle major consumer brandTimber major consumer brandRubber major consumer brand
  • 5. Kellogg Co
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    0.51%0.51% of portfolio
    $8.18M$8.18M invested
    Soy major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
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DATA AS OF 5/31/20
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: 6/30/20
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 
-4.67% less in annualized returns
Less invested in commodity producers 
0.29% less invested
More invested in banks and lenders 
4.26% more invested
Less invested in major consumer brands 
7.19% 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: 6/30/20
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 
-4.67% less in annualized returns
Less invested in commodity producers 
0.29% less invested
More invested in banks and lenders 
4.26% more invested
Less invested in major consumer brands 
7.19% 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: 6/30/20
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 
-4.67% less in annualized returns
Less invested in commodity producers 
0.29% less invested
More invested in banks and lenders 
4.26% more invested
Less invested in major consumer brands 
7.19% less invested
Month-end trailing returns  
Annualized returns
Deforestation analysis
1-yr
3-yr
5-yr
10-yr
Commodity producers
This fund
MABAX - BlackRock Basic Value Fund
-8.97%
1.69%
2.47%
9.25%
0% 
Benchmark
IVV - iShares Core S&P 500 ETF
7.47%
11%
11%
14%
0.29% 
Fund compared to benchmark
 
-16.44%
-9.01%
-8.22%
-4.67%
0.29%  lower
Find more financial data on MABAX at Morningstar.com
Take Action
Call on U.S. investment firms to implement Deforestation and Land Grab-Free investment policies.
Find top-graded funds that avoid deforestation-risk investments.
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