Both BACAX and MAGRX are mutual funds. BACAX has a lower 5-year return than MAGRX (6.57% vs 11.7%). BACAX has a higher expense ratio than MAGRX (1.32% vs 0.94%). Below is the comparison between BACAX and MAGRX.
| BACAX | MAGRX | |
|---|---|---|
| Security Type | Mutual fund | Mutual fund |
| Segment | Specialty: Equity Energy | Specialty: Equity Energy |
| Family | BlackRock | BlackRock |
| Net Assets | $189.10M | $151.90M |
| Expense Ratio | 1.32% | 0.94% |
| Management Style | active | active |
| Dividend Yield | 1.87% | 3.33% |
| Minimum Investment | $1,000.00 | $2,000,000.00 |
| YTD Return | 37.51% | 16.02% |
| 1-Year Return | 16.33% | 5.22% |
| 3-Year Return | 11.03% | 18.65% |
| 5-Year Return | 6.57% | 11.70% |
| 10-Year Return | 2.80% | 5.91% |
BACAX
BACAX description
The Fund seeks to provide long-term growth of capital by investing at least 80% of its total assets in securities of global energy and natural resources companies and companies in associated businesses, as well as utilities. The Fund may invest without limit in companies located anywhere in the world.
BACAX performance & returns
| YTD Return | 37.51% |
| 1-Month Return | 1.29% |
| 3-Month Return | 16.33% |
| 1-Year Return | 16.33% |
| 3-Year Return | 11.03% |
| 5-Year Return | 6.57% |
| 10-Year Return | 2.80% |
BACAX holdings
Top 10 Holdings (62.96% of Total Assets)
| Name | Symbol | % Assets |
|---|---|---|
| Chevron Corp | CVX | 13.53% |
| Total SE | FP.PA | 9.67% |
| Royal Dutch Shell PLC Class A | RDSA.L | 8.78% |
| BP PLC | BP..L | 6.76% |
| ConocoPhillips | COP | 4.73% |
| TC Energy Corp | TRP.TO | 4.66% |
| Williams Companies Inc | WMB | 4.28% |
| Kinder Morgan Inc Class P | KMI | 4.17% |
| Suncor Energy Inc | SU.TO | 3.34% |
| Pioneer Natural Resources Co | PXD | 3.04% |
BACAX pros
The following are BACAX strengths from our perspective:
- BACAX 3-year return is 11.03%, which is higher than the 3-year return of the benchmark index (MSCI World/Energy NR USD), 9.47%.
BACAX cons
The following are BACAX weaknesses from our perspective:
- BACAX net assets are $189.10 million. This fund is not a popular choice with retail investors.
- BACAX 10-year return is 2.8%, which is lower than the 10-year return of the benchmark index (MSCI World/Energy NR USD), 3.99%.
- BACAX 15-year return is 0.63%, which is lower than the 15-year return of the benchmark index (MSCI World/Energy NR USD), 2.05%.
- BACAX expense ratio is 1.32%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
- Warning: this fund has a 12b1 and front-end sales fee. The maximum 12b1 fee is 0.25%, while the maximum front-end sales load is 5.25%. A 12b-1 fee is an annual marketing or distribution fee on a mutual fund. Front-end sales load, also known as sales charge, is a fee paid when mutual funds shares are purchased. Those fees are subtracted from your total investable assets.
Other relevant BACAX comparisons
You may also want to check out the following BACAX comparisons that investors often look for on Finny
- BACAX vs VGELX
- BACAX vs FSENX
- BACAX vs VGENX
- BACAX vs VENAX
- BACAX vs FNARX
- BACAX vs FANIX
- BACAX vs IENAX
- BACAX vs MAGRX
- BACAX vs BACIX
- BACAX vs MDGRX
MAGRX
MAGRX description
The Fund seeks long-term growth and to protect the purchasing power of capital through investment in equity securities of domestic and foreign companies with substantial natural resource assets.
MAGRX performance & returns
| YTD Return | 16.02% |
| 1-Month Return | -6.82% |
| 3-Month Return | 5.22% |
| 1-Year Return | 5.22% |
| 3-Year Return | 18.65% |
| 5-Year Return | 11.70% |
| 10-Year Return | 5.91% |
MAGRX holdings
Top 10 Holdings (44.29% of Total Assets)
MAGRX pros
The following are MAGRX strengths from our perspective:
- MAGRX 3-year return is 18.65%, which is higher than the 3-year return of the benchmark index (S&P Global Natural Resources NR USD), 14.63%.
- MAGRX 5-year return is 11.7%, which is higher than the 5-year return of the benchmark index (S&P Global Natural Resources NR USD), 10.6%.
- MAGRX 10-year return is 5.91%, which is higher than the 10-year return of the benchmark index (S&P Global Natural Resources NR USD), 5.86%.
- MAGRX 15-year return is 3.27%, which is higher than the 15-year return of the benchmark index (S&P Global Natural Resources NR USD), 3.16%.
- Good news: this fund does not have 12b1, front-end or back-end sales fees.
Other relevant MAGRX comparisons
You may also want to check out the following MAGRX comparisons that investors often look for on Finny
- MAGRX vs VGELX
- MAGRX vs FSENX
- MAGRX vs VGENX
- MAGRX vs VENAX
- MAGRX vs FNARX
- MAGRX vs FANIX
- MAGRX vs IENAX
- MAGRX vs BACAX
- MAGRX vs BACIX
- MAGRX vs MDGRX