BICPX

About BICPX

BlackRock 20/80 Target Allocation Fund Institutional Shares is a diversified mutual fund designed to provide a blend of income and moderate capital appreciation through a strategic allocation of assets. By employing a fund-of-funds approach, it primarily invests 80% of its portfolio in fixed income securities and 20% in equities, aiming for enhanced current income with lower overall portfolio volatility. The fund leverages a mix of BlackRock-managed ETFs and actively managed mutual funds to achieve broad exposure across multiple asset classes, geographies, and sectors. Notable bond holdings include U.S. Treasury and aggregate bond ETFs, complemented by select mortgage-backed and global bond funds, while equity allocations focus mainly on large-cap U.S. stocks with some international exposure. This conservative allocation makes the fund particularly relevant for investors seeking income generation and risk mitigation rather than aggressive growth. Managed by BlackRock’s experienced multi-asset team, the fund emphasizes disciplined rebalancing and cost efficiency, with a competitive expense ratio and a turnover policy that adapts to changing market conditions. It does not pursue a dedicated ESG strategy, but does offer transparency on sustainability metrics for informational purposes.