Summary
BlackRock Capital Appreciation Fund is a mutual fund run by BlackRock. It does not trade on an exchange: you buy it from the fund company at a price set once a day. Positions inside: 45. The ten largest make up 47% of the fund.
- Yearly costs
- 0.92%
- Fund size
- $3.61B
- Positions
- 45
- Dividend yield
- 36.27%
- Running since
- 1997
What speaks for it
- A large fund with $3.61B under management.
- It has been running since 1997.
What to watch
- Costs of 0.92% a year are above the middle of comparable funds (0.40%).
- In the last five years its price once dropped by 49% from its high.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -5.3%
- 3 months
- -20%
- This year
- -11%
- 1 year
- -20%
- 3 years
- +11%
- 5 years
- -24%
- 10 years
- +31%
- Avg. market cap
- $733.7B
- P/E
- 36.0x
- Forward P/E
- 25.9x
- P/S
- 4.7x
- P/B
- 8.1x
- P/FCF
- 20.5x
- EV/EBITDA
- 26.1x
- Dividend yield
- 0.40%
- ROIC
- 15.2%
- ROE
- 34.8%
- Gross margin
- 43.2%
- Operating margin
- 24.1%
- Net margin
- 18.8%
- Payout ratio
- 14.6%
- Net debt/EBITDA
- 1.2x
- Beta
- 1.26
Weighted average of the 27 largest companies, which make up 56% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 NVIDIA 13%
- 2 MICROSOFT 5.0%
- 3 AAApple AAPL 4.7%
- 4 ALPHABET CLASS A 4.6%
- 5 AMAmazon.com, Inc. AMZN.TO 4.1%
- 6 ALPHABET CLASS C 3.7%
- 7 MUMicron Technology, Inc. MU.TO 3.7%
- 8 ELI LILLY 2.9%
- 9 PAPalo Alto Networks PANW 2.6%
- 10 WPWheaton Precious Metals Corp. WPM.TO 2.6%
Positions in the fund: 45. The ten largest make up 47% of it.
Composition as of Oct 18, 2026.
Where is it spread?
Spread outBy country
- United States 50%
- Canada 3.8%
- Ireland 2.3%
- Other countries 44%
By company size
- Mega cap 50%
- Large cap 48%
- Mid cap 2.7%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 56% of the fund.
Largest country: United States (50%). Largest size group: Mega cap (50%).
What does it cost me?
Expensive- A year from $10,000
- $92.00
- Over 20 years
- $4,282
From every $10,000 invested the fund takes $92.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $4,282.
How has it done?
Growing slowly- A year on average, 10 years
- +2.7%
- Deepest drop
- -49%
- Yearly volatility
- 31%
Average yearly growth over the last ten years: 2.7%. Deepest drop in these years: 49% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 36.27%
- Payments a year
- 1
- Last payment
- $7.47
Over the last 12 months it paid $11.22 per share, which is 36.27% of today's price. The last payment was $7.47 on Jul 22, 2026.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 36.0
- Average Bulios Score
- 64 out of 100
Weight by Bulios Fair Price
- Undervalued 3.3%
- Fairly valued 5.7%
- Overvalued 91%
On average the companies inside trade for 36.0 times their yearly profit. By Fair Price, 91% of the rated weight comes out as overvalued.
Counted from its largest companies (27), which make up 56% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Can I buy it as an ETF?
A mutual fund is bought from the fund company. These ETFs hold much of the same and trade on an exchange, so an ordinary broker carries them.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
BG BGRO iShares Large Cap Growth Active ETF | United States | 0.55% | $9.87M | +9.1% | Pays out | 32% |