BlackRock Mid-Cap Growth Equity Portfolio
Actively managed U.S. stock fund
As of its 2026 Q2 report, BlackRock Mid-Cap Growth Equity Portfolio held 59 positions with $5.61B in net assets. Its ten largest holdings made up 38.0% of the fund. The CMGIX share class costs 0.8% a year. Over the 12 months to May 2026, CMGIX returned 10.6%, with dividends reinvested. In 2026 Q2 it added 16 new positions and exited 11.
The investment objective of BlackRock Mid-Cap Growth Equity Portfolio ( Mid-Cap Growth Equity or the Fund), a series of BlackRock Funds SM (the Trust ), is long-term capital appreciation.
The fund invests at least 80% of its net assets in common and preferred stock of U.S. mid-capitalization companies—those with market capitalizations in the range of the Russell Midcap Growth Index—that are also included in at least one major growth index as determined by BlackRock. The fund may also use derivatives, primarily to hedge risk, and may invest in convertible securities and IPOs. Because the fund's selection depends on inclusion in growth indices as BlackRock determines them, holdings may diverge from any single benchmark.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
4.70% | $263.78M | 1.0M | $258.25 | |
SNOWSNOWFLAKE INC | 4.38% | $246.10M | 963.0K | $255.55 |
4.32% | $242.72M | 540.9K | $448.72 | |
3.86% | $216.52M | 685.8K | $315.71 | |
3.81% | $214.06M | 136.7K | $1,566.21 | |
HEIHEICO CORP | 3.67% | $205.93M | 591.4K | $348.18 |
3.63% | $203.59M | 286.0K | $711.73 | |
ROYAL CARIBBEAN CRUISES LTD | 3.60% | $201.82M | 709.1K | $284.63 |
DDOGDATADOG INC | 3.03% | $170.06M | 687.5K | $247.35 |
3.03% | $169.98M | 2.3M | $73.65 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-05-29 — not a live quote, and not what the fund paid.
All 59 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 | 100.16% |
| Cash & short-term | 2.63% |
By sector
- Industrials
- 28.6%
- Information Technology
- 22.6%
- Consumer Discretionary
- 12.5%
- Health Care
- 8.2%
- 7 other sectors
- 28.2%
- Industrials
- 28.6%
- Information Technology
- 22.6%
- Consumer Discretionary
- 12.5%
- Health Care
- 8.2%
- Financials
- 7.0%
- Communication Services
- 5.8%
- Consumer Staples
- 5.2%
- Energy
- 4.7%
- International
- 2.9%
- Cash
- 2.6%
- Utilities
- 0.1%
How it has done
CMGIX share class · total returns with dividends reinvested
Volatility over the last 12 months: 16.02%. Past returns are a record, not a forecast.
The 6 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.80% | +10.56% | +45.17% | +9.06% | -18.70% | |
| 1.05% | +10.28% | +44.12% | +7.68% | -18.78% | |
| 1.05% | +10.31% | +44.15% | +7.70% | -18.78% | |
| 1.80% | +9.47% | +40.95% | +3.77% | -18.96% | |
| 1.30% | +10.03% | +43.07% | +6.33% | -18.86% | |
| 0.71% | +10.64% | +45.56% | +9.54% | -18.69% |
These classes hold the same portfolio, so the 5.77pp spread over 5 years is the cost difference between them — roughly 1.15pp a year — not a difference in what they own.
Fees & fund details
BlackRock Mid-Cap Growth Equity Portfolio is an actively managed U.S. equity fund. 64% of CMGIX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 86% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.71% – 1.80%· CMGIX 0.80%
- Portfolio turnover
- 87.00% a year · as of 2025 Q3
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.
16 new· the largest 8
11 exited· the largest 8
Understand how this fund fits with the rest.
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