07/31/2024 | Press release | Distributed by Public on 07/31/2024 12:19
Summary Prospectus
|
Shareholder Fees
(fees paid directly from your investment)
|
Investor A
Shares
|
Investor C
Shares
|
Institutional
Shares
|
|||
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering
price)
|
None
|
None
|
None
|
|||
Maximum Deferred Sales Charge (Load) (as a percentage of offering price or
redemption proceeds, whichever is lower)
|
None1
|
1.00%2
|
None
|
|||
Annual Fund Operating Expenses
(expenses that you pay each year as a
percentage of the value of your investment)
|
Investor A
Shares
|
Investor C
Shares
|
Institutional
Shares
|
|||
Management Fee
|
0.42%
|
0.42%
|
0.42%
|
|||
Distribution and/or Service (12b-1) Fees
|
0.25%
|
1.00%
|
None
|
|||
Other Expenses
|
0.11%
|
0.19%
|
0.10%
|
|||
Total Annual Fund Operating Expenses
|
0.78%
|
1.61%
|
0.52%
|
|||
Fee Waivers and/or Expense Reimbursements3
|
(0.23)%
|
(0.31)%
|
(0.32)%
|
|||
Total Annual Fund Operating Expenses After Fee Waivers and/or Expense
Reimbursements3
|
0.55%
|
1.30%
|
0.20%
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
|
Investor A Shares1
|
$56
|
$226
|
$411
|
$945
|
Investor C Shares2
|
$232
|
$478
|
$847
|
$1,662
|
Institutional Shares
|
$20
|
$134
|
$259
|
$622
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
|
Investor C Shares
|
$132
|
$478
|
$847
|
$1,662
|
For the periods ended 12/31/23
Average Annual Total Returns
|
1 Year
|
5 Years
|
10 Years
|
BlackRock Wealth Liquid Environmentally Aware Fund - Investor A Shares
|
|||
Return Before Taxes
|
4.82
%
|
1.69
%
|
1.09
%
|
BlackRock Wealth Liquid Environmentally Aware Fund - Investor C Shares
|
|||
Return Before Taxes
|
2.98
%
|
1.23
%
|
0.85
%
|
BlackRock Wealth Liquid Environmentally Aware Fund - Institutional Shares
|
|||
Return Before Taxes
|
5.13
%
|
1.89
%
|
1.30
%
|
Investor A Shares
|
Institutional Shares
|
|
Minimum Initial
Investment
|
$1,000 for all accounts except:
•$50, if establishing an Automatic Investment
Plan.
•There is no investment minimum for employer-
sponsored retirement plans (not including SEP
IRAs, SIMPLE IRAs or SARSEPs).
•There is no investment minimum for certain fee-
based programs.
|
There is no minimum initial investment for:
•Employer-sponsored retirement plans (not
including SEP IRAs, SIMPLE IRAs or SARSEPs)
and state sponsored 529 college savings plans,
each of which may purchase shares of the Fund
through a Financial Intermediary that has entered
into an agreement with the Fund's distributor to
purchase such shares.
•Clients of Financial Intermediaries that: (i) charge
such clients a fee for advisory, investment
consulting, or similar services or (ii) have entered
into an agreement with the Fund's distributor to
offer Institutional Shares through a no-load
program or investment platform.
•Clients investing through a self-directed IRA
brokerage account program sponsored by a
retirement plan record-keeper, provided that such
program offers only mutual fund options and that
the program maintains an account with the Fund
on an omnibus basis.
$2 million for individuals.
$1,000 for:
•Clients investing through Financial Intermediaries
that offer such shares on a platform that charges
a transaction based sales commission outside of
the Fund.
•Tax-qualified accounts for insurance agents that
are registered representatives of an insurance
company's broker-dealer that has entered into an
agreement with the Fund's distributor to offer
Institutional Shares, and the family members of
such persons.
|
Minimum Additional
Investment
|
$50 for all accounts (with the exception of certain
employer-sponsored retirement plans which may
have a lower minimum).
|
No subsequent minimum.
|