Mid Cap Value
This Mid Cap Value strategy invests a diversified portfolio of 60 to 80 U.S. stocksof mid-cap companies with attractive valuations, low market expectations, andpotential for fundamental improvement. Long-term capital appreciation is soughtthrough internally driven stock selection, emphasizing traditional measures ofvalue. Our goal is to generate consistent excess return by adding value throughbottom-up fundamental research.
|Initial Universe||Initial investment universe consists of publicly traded U.S. companies with market capitalizations primarily between $1 billion and $10 billion.|
Quantitative Screens & Company Meetings
|A series of screens and evaluation of management team quality are applied to identify potentially undervalued candidates for in-depth fundamental research.|
Fundamental Company Research
|Analysts evaluate and attempt to understand each company through analysis of business prospects relative to share price, and thorough assessment of risk/reward tradeoffs.|
|Portfolio Construction||Portfolio construction is driven by bottom-up stock selection. The strategy is diversified across 60-80 holdings, with the top positions rarely exceeding 3%.|
|Tailored Portfolio Construction||The target portfolio can be modified to accommodate your particularinvestment restrictions or guidelines.|
|Sell Discipline||Generally, stocks are sold for the following reasons: |
Anthony F. Forcione
Managed Account Team (MAT)Client accounts are managed by BlackRock's Managed Account Team implementing the investment process developed and maintained by the Mid Cap Value investment team.
Investment involves risk. The investment process described herein reflects the current process for selecting portfolio investments and is subject to change.