BlackRock 80/20 Target Allocation Fund
Actively managed U.S. stock fund
As of its 2026 Q2 report, BlackRock 80/20 Target Allocation Fund held 20 positions with $2.71B in net assets. Its ten largest holdings made up 80.9% of the fund. Its share classes cost 0.3%–1.4% a year. Over the 12 months to May 2026, it returned 27.8%, with dividends reinvested. In 2026 Q2 it added no new positions and exited 1.
The investment objective of the BlackRock 80/20 Target Allocation Fund ( 80/20 Fund or the Fund) is to seek long term capital appreciation. Current income is not a consideration.
The fund is a fund of funds that obtains 80% exposure to equity securities and 20% exposure to fixed-income securities primarily through investments in underlying funds, including affiliated open-end funds and exchange-traded funds. Equity underlying funds may invest in domestic and international equities, real estate-related securities, or commodity-related instruments, while fixed-income underlying funds may invest in bonds, government securities, mortgage-backed securities, high-yield bonds, and cash instruments. The portfolio managers may vary the equity and fixed-income allocation by up to 10 percentage points from the stated targets based on market conditions. Because the fund's returns depend on the performance of the underlying funds selected, performance will diverge from any benchmark by the degree to which those underlying funds diverge from their own benchmarks.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
ISHARES TRUST | 22.54% | $610.35M | 815.0K | $748.89 |
International Tilts Master for BR_AGR | 10.06% | $272.47M | 10.4M | $26.18 |
BLACKROCK ETF TRUST | 9.14% | $247.46M | 3.6M | $68.01 |
iShares Trust | 8.94% | $242.14M | 1.8M | $137.53 |
iShares Trust | 7.01% | $189.70M | 835.5K | $227.06 |
ISHARES INC | 6.00% | $162.41M | 2.0M | $82.84 |
MPHQXBlackRock Bond Fund, Inc. | 4.97% | $134.56M | 13.6M | $9.92 |
BTEKXBlackRock Funds | 4.22% | $114.36M | 1.0M | $111.83 |
BLACKROCK ETF TRUST | 3.99% | $108.13M | 2.1M | $50.37 |
ISHARES TRUST | 3.99% | $107.99M | 1.1M | $100.35 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
All 20 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 99.80% |
| Cash & short-term | 0.33% |
How it has done
C000050684 share class · total returns with dividends reinvested
Volatility over the last 12 months: 11.87%. Past returns are a record, not a forecast.
Jun 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
This fund changed legal form during the period shown. The history above is continuous — it spans both eras, and the change is not a gap in reporting.
Fees & fund details
BlackRock 80/20 Target Allocation Fund is an actively managed U.S. equity fund.
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Features
- Fund of funds
- Expense ratio, by class
- 0.30% – 1.40%
- Portfolio turnover
- 52.00% a year · as of 2026 Q1
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
0 new
1 exited
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