iShares Russell Mid-Cap Index Fund

BlackRock Funds

U.S. equity index fund
$2.39B NAV
809 positions · as of 2026-04-30 · filed 2026-06-25

Fund classification

Classified from what the fund holds · as of 2026 Q2

iShares Russell Mid-Cap Index Fund is a U.S. equity index fund that tracks the Russell Midcap Index. 19% of iShares Russell Mid-Cap Index Fund’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 91% of the fund’s equity).

Asset class
Equity
Region
United States
Management
Index (passive)
Fund type
Open-end fund

Fund profile

As filed in the prospectus · 2025 Q4

The investment objective of iShares Russell Mid-Cap Index Fund (the Fund), a series of BlackRock Funds SM (the Trust), is to seek to track the investment results of an index composed of mid-capitalization U.S. equities.

Strategy · summarised

The fund tracks the Russell Midcap Index, which comprises approximately 800 mid-capitalization U.S. equities, using representative sampling to hold a portfolio with similar investment and fundamental characteristics to the index. Because the fund may not hold all index securities, its returns may diverge from the index.

Expenses
0.04% 0.36%across 3 share classes
Share classExpense ratio
C0001559400.10%
C0001559410.04%
C0001636040.36%

Portfolio turnover 17.00% · as of 2025 Q4

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

101.57%
of net assets
Stocks99.18%
Cash & short-term2.33%
Derivatives0.06%

Look-through blends 1 underlying fund; 0.0% of NAV was not looked through and stays direct-classified.

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
Industrials18.2%
Information Technology14.3%
Financials12.8%
Consumer Discretionary9.5%
10 smaller45.2%

Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).

Portfolio growth profile

How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2

Revenue growth
19%of stock holdings in top-quartile growers
covering 91% of the fund’s equity

Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 8 new11 exited

Largest new: Amcor PLC, MDLN, Chicago Mercantile Exchange ×2, Versigent PLC, CRBG, CBC, CONTRA HOLOGIC INCORPO

Largest exited: Amcor PLC, Exact Sciences Corp, Hologic Inc, CMA, Dayforce Inc, Confluent Inc, Air Lease Corp, Sealed Air Corp

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

1-year
+25.70%
3-year
+56.65%
5-year
+44.70%
Volatility
11.34%
Worst 3-yr fall
-12.93%
Cumulative return· May 2023 – 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

Issuer%NAVValue
BlackRock Funds III1.58%$37.75M
iShares Russell Mid-Cap ETF1.20%$28.73M
Sandisk CorpSNDK1.14%$27.25M
Western Digital CorpWDC1.07%$25.69M
Corning IncGLW0.93%$22.28M
Vertiv Holdings CoVRT0.91%$21.72M
Quanta Services IncPWR0.78%$18.62M
BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES0.72%$17.26M
Howmet Aerospace IncHWM0.71%$16.93M
The Bank of New York Mellon CorpBNY0.67%$16.08M
Showing 10 of 809Sign in to see more

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 9.72% of net assets, top 25 17.54%, across 795 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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