BALPX BlackRock Event Driven Equity Inv A Forecast, Technical & Fundamental Analysis

The most notable companies in this group are Exxon Mobil Corp (NYSE:XOM), Chevron Corp (NYSE:CVX), Pioneer Natural Resource Co (null:PXD), Hess Corp (NYSE:HES), Splunk (NASDAQ:SPLK).

The investment seeks long-term capital growth. Normally, the fund invests at least 80% of its net assets in equity securities and related derivative instruments with similar economic characteristics. It seeks to achieve its investment objective by employing an event driven strategy, primarily investing in companies that have announced a material change or in companies that the advisor expects to undergo a material change. The fund's investment in equity securities may include common stock, preferred stock, securities convertible into common stock, non-convertible preferred stock, and depositary receipts.

The average market capitalization across the BlackRock Event Driven Equity Inv A MF is 211.7B. The market cap for tickers in the group ranges from 12.6B to 461.22B. XOM holds the highest valuation in this group at 461.22B. The lowest valued company is KRTX at 12.6B.

The average weekly volume growth across all stocks in the BlackRock Event Driven Equity Inv A MF was -64%. For the same stocks of the MF, the average monthly volume growth was -39% and the average quarterly volume growth was -66%