BlackRock Mid-Cap Growth Equity Fund Class K (BMGKX)

Overview

The fund is designed for investors looking to capitalize on the growth potential of U.S. mid-capitalization companies. These companies are selected based on their superior earnings growth potential as identified by the fund's management team. The fund aims to primarily invest in equity securities, following a strategy that targets investments in companies with market capitalizations that align with the Russell Midcap® Growth Index. This approach is intended to provide investors exposure to a segment of the market that the fund adviser believes offers significant growth opportunities.

Products and Services

• Equity Securities of U.S. Mid-Cap Companies

  The fund primarily invests in equity securities, such as common and preferred stocks, issued by U.S. mid-capitalization companies. These companies are selected based on their potential for above-average earnings growth, with market capitalizations that are comparable to those within the Russell Midcap® Growth Index at the time of investment. This focus on mid-cap growth companies is central to the fund's investment strategy.

• Preferred Stock and Convertible Securities

  In addition to common stock, the fund has the flexibility to invest in preferred stock and convertible securities. These investments offer potential for income generation and capital appreciation, while also providing diversification benefits to the fund's portfolio. The inclusion of preferred stock and convertible securities allows the fund to explore broader investment opportunities beyond common stocks, which can enhance the fund's overall return potential.

• Other Equity Securities

  The fund can also invest in other types of equity securities as part of its diversified investment approach. This may include securities that do not fit the traditional categories of common or preferred stock, providing the fund with additional flexibility to capitalize on unique market opportunities. The selection of these securities is guided by the fund management's expertise in identifying companies with the potential for above-average earnings growth.