Mutual Fund Insights: BlackRock Utilities & Telecom I Fund (MAGUX)

In-depth Analysis of BlackRock Utilities & Telecom I Fund (MAGUX)

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See BlackRock Utilities & Telecom I Fund (MAGUX) performance details as of January 31, 2010

  

Last Trade: $10.91 on 3/12/2010, Change: -0.05 (-0.46%)

  

Fund Manager - Kathleen Anderson

Fund Manager Tenure: 7.2 years
Fundmojo Fund Grade: B (Score: 0.62)     (What does this score mean?)

Anderson's service with the firm dates back to 1993, including her years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. At MLIM, she served several roles, including analyst and portfolio manager for the Utility and Telecommunications Fund and associate portfolio manager for the Equity Dividend Fund. Prior to joining MLIM, Ms. Anderson served as a research associate at Chancellor Capital Management (formerly Citigroup Investment Management) from 1983 until 1993.  Get more insights on Kathleen Anderson

  

 What we like about BlackRock Utilities & Telecom I Fund (MAGUX)

Data for BlackRock Utilities & Telecom I Fund (MAGUX) as of January 31, 2010

• BlackRock Utilities & Telecom I Fund (MAGUX) management has been with BlackRock Utilities & Telecom I Fund for 7.2 years
• BlackRock Utilities & Telecom I Fund (MAGUX) has good mid-term performance (3-year return -3.97% vs -4.27% Utilities category average)
• BlackRock Utilities & Telecom I Fund (MAGUX) has good Long-term performance (5-year return 5.13% vs 4.68% Utilities category average)
• BlackRock Utilities & Telecom I Fund (MAGUX) ratio of up-years vs down years is greater than 2
• BlackRock Utilities & Telecom I Fund (MAGUX) has an annual stock turnover rate of 30.00% vs Utilities average of 108.07%. It is good that BlackRock Utilities & Telecom I management does not trade extensively for its return.
• BlackRock Utilities & Telecom I Fund (MAGUX) is less volatile than its peers as it has a 3-year Standard Deviation of 18.41, lower than category average of 18.85
• BlackRock Utilities & Telecom I Fund (MAGUX) has a lower management fee than its Utilities average: 1.14% vs 1.40%
• BlackRock Utilities & Telecom I Fund (MAGUX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

  

 What we are cautious about BlackRock Utilities & Telecom I Fund (MAGUX)

Data for BlackRock Utilities & Telecom I Fund (MAGUX) as of January 31, 2010

• BlackRock Utilities & Telecom I Fund is a focused fund with 35.15% of the portfolio on top 10 securities. This tends to produce more volatility compared to a diversified fund. See fund top 10 holdings.
• BlackRock Utilities & Telecom I Fund (MAGUX) has a less-than-ideal short-term performance (1-year return 11.47% vs 15.37% Utilities category average)
• BlackRock Utilities & Telecom I Fund (MAGUX) has a Morningstar rating of 3 and below

See BlackRock Utilities & Telecom I Fund (MAGUX) performance details as of January 31, 2010

  

  

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BlackRock Utilities & Telecom I Fund (MAGUX) Net Asset

Track net asset change of BlackRock Utilities & Telecom I fund (MAGUX)

Date	Net Asset
01/2010	$14.86M
11/2009	$15.44M
10/2009	$14.85M

More historic net asset information on BlackRock Utilities & Telecom I Fund (MAGUX)

  

BlackRock Utilities & Telecom I Fund (MAGUX) Portfolio Allocation

Track portfolio allocation change of BlackRock Utilities & Telecom I fund (MAGUX)

Date	Cash	Stock	Bond	Other
10/2009	1.71%	98.26%	0.02%	0%
08/2009	4.3%	95.68%	0.02%	0%
05/2009	5.84%	113.58%	0.04%	0%

Click here to see more historic asset allocation information on BlackRock Utilities & Telecom I Fund (MAGUX)

  

Most Recent Top 10 Holdings in BlackRock Utilities & Telecom I Fund (MAGUX)

Discover what BlackRock Utilities & Telecom I Fund (MAGUX) manager is buying

31-Oct-09 F P L GROUP INC [4.01%] AT&T INC. [3.81%] VERIZON COMMUN [3.76%] NRG ENERGY INC [3.59%] ENTERGY CP [3.54%] SOUTHERN CO [3.52%] DOMINION RES NEW [3.4%] AMER ELECTRIC POW CO [3.39%] PUB ENTRPR GP [3.34%] PPL CORP [2.79%]

31-Aug-09 F P L GROUP INC [4.4%] NRG ENERGY INC [4.02%] VERIZON COMMUN [3.78%] AT&T INC. [3.7%] ENTERGY CP [3.49%] PUB ENTRPR GP [3.4%] AMER ELECTRIC POW CO [3.38%] SOUTHERN CO [3.37%] DOMINION RES NEW [3.16%] PPL CORP [2.67%]

31-May-09 F P L GROUP INC [4.62%] PUB ENTRPR GP [4.32%] VERIZON COMMUN [3.72%] AT&T INC. [3.68%] NRG ENERGY INC [3.51%] PPL CORP [3.5%] SOUTHERN CO [3.21%] ENTERGY CP [3.14%] AMER ELECTRIC POW CO [2.95%] FIRSTENERGY CP [2.27%]

Click here for Stock Holding Change Map in BlackRock Utilities & Telecom I Fund (MAGUX)

  

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Latest News on BlackRock Utilities & Telecom I (MAGUX)

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See more information on BlackRock Utilities & Telecom I Fund (MAGUX)

• BlackRock Utilities & Telecom I Fund Insights
• BlackRock Utilities & Telecom I Fund Performance Data
• BlackRock Utilities & Telecom I Fund News
• BlackRock Utilities & Telecom I Fund Score Explaination
• BlackRock Utilities & Telecom I Fund Manager Information
• Historic BlackRock Utilities & Telecom I Fund Asset Allocation Report
• Historic BlackRock Utilities & Telecom I Fund Top 10 Holding Tracking
• Historic BlackRock Utilities & Telecom I Fund Asset Under Management Tracking