BlackRock Emerging Markets Fund, Inc.
BlackRock Emerging Markets Fund, Inc.
Fund classification
Classified from what the fund holds · as of 2026 Q2
BlackRock Emerging Markets Fund, Inc. is an actively managed emerging-markets equity fund.
- Asset class
- Equity
- Region
- Emerging markets
- Management
- Actively managed
- Fund type
- Open-end fund
Fund profile
As filed in the prospectus · 2025 Q3
The investment objective of BlackRock Emerging Markets Fund, Inc. (Emerging Markets Fundor the Fund) is to seek long-term capital appreciation by investing in securities, principally equity securities, of issuers in countries having smaller capital markets.
The fund invests at least 80% of assets in equity securities of issuers in countries with developing capital markets, including those in the MSCI Emerging Markets Index, and may allocate up to 20% to Chinese equities accessible through Stock Connect programs. The fund normally holds positions in at least three countries and may use derivatives and structured instruments to gain market exposure. Because the fund's country and issuer selections depend on manager discretion rather than mechanical index tracking, its returns may diverge from any particular emerging markets benchmark.
| Share class | Gross | Net |
|---|---|---|
| C000005814 | 1.37% | 1.12% |
| C000005816 | 2.12% | 1.87% |
| C000005817 | 1.02% | 0.87% |
| C000198223 | 0.87% | 0.82% |
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Portfolio turnover 141.00% · as of 2025 Q3
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 92.03% |
| Cash & short-term | 7.37% |
| Derivatives | 0.33% |
Derivatives are shown at market value, not notional exposure.
Latest quarter
What changed since the fund's previous filing
Largest new: Petroleo Brasileiro SA (Preference), Hyundai Rotem Co. Ltd., Acter Group Corp. Ltd., Sasol Ltd., PTT Exploration & Production PCL, Victory Giant Technology Huizhou Co. Ltd., Montage Technology Co. Ltd., CIMB Group Holdings Bhd.
Largest exited: Accton Technology Corp., Eldorado Gold Corp., China Resources Land Ltd., Lojas Renner SA, Midea Group Co. Ltd., BBB Foods, Inc., Akbank TAS, Eicher Motors Ltd.
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
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.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| — | Taiwan Semiconductor Manufacturing Co. Ltd. | 11.37% | $69.42 | $238.53M | 3.4M |
| TSTXX | BlackRock Liquidity FundsTSTXX | 6.41% | — | $134.46M | — |
| — | Samsung Electronics Co. Ltd. | 5.58% | $150.59 | $117.13M | 777.8K |
| — | Tencent Holdings Ltd. | 4.85% | $60.73 | $101.79M | 1.7M |
| — | SK Hynix, Inc. | 4.79% | $891.77 | $100.50M | 112.7K |
| — | SK Square Co. Ltd. | 3.95% | $582.00 | $82.90M | 142.4K |
| — | Elite Material Co. Ltd. | 3.46% | $149.00 | $72.57M | 487.0K |
| — | Wiwynn Corp. | 2.63% | $150.14 | $55.10M | 367.0K |
| — | Delta Electronics, Inc. | 2.57% | $70.13 | $54.00M | 770.0K |
| — | OTP Bank Nyrt. | 2.30% | $134.13 | $48.16M | 359.0K |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
Top 10 positions are 47.91% of net assets, top 25 70.12%, across 89 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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