What is the relationship between Merrill Lynch and BlackRock?
Merrill Lynch has agreed to merge its asset-management business with BlackRock in exchange for a nearly 50 percent stake in the money manager, the two companies said Wednesday. The move recasts BlackRock as the largest publicly traded money manager and could signal the end of Merrill’s proprietary fund woes.
What is BlackRock Equity Dividend?
BlackRock describes the Equity Dividend Fund as a core, conservative holding for investors. It is a slow and steady investment that looks for undervalued dividend-paying stocks but will trade lower yields for steady growth.
Is BlackRock part of Merrill Lynch?
BlackRock acquires Merrill Lynch Investment Management, expanding its retail and international presence.
Which mutual fund is best for dividend?
2. Top Dividend Yield Funds
| Mutual fund | 5 Yr. Returns | 3 Yr. Returns |
|---|---|---|
| UTI Dividend Yield Fund. | 17.39% | 20.63% |
| Principal Dividend Yield Fund Growth | 17.05% | 19.46% |
| Principal Dividend Yield Fund – Direct Plan Growth | 18.61% | 19.21% |
| ICICI Prudential Dividend Yield Equity Fund – Direct Plan – Growth | 15.87% | 18.87% |
How many BlackRock funds are there?
120 mutual funds
BlackRock, the world’s largest asset manager, runs more than 120 mutual funds, in addition to an extensive array of exchange-traded funds through its iShares unit.
What is BlackRock equity Fund?
The Fund aims to achieve long-term capital growth on your investment. The Fund seeks to gain at least 70% of its investment exposure to equity securities (e.g. shares) of companies domiciled in, listed in, or the main business of which is in, the United States of America.
What is equity dividend rate?
The equity dividend rate is a commercial real estate return metric that describes the relationship between the cash received by an investor in a given year relative to the amount of cash invested. It represents the annual return on investment on the cash invested.
Which mutual fund gives highest monthly dividend?
Best Dividend Paying Mutual Funds
- UTI Mastershare (D) – This is a large cap equity fund and has assets worth Rs.
- Invesco India Growth Fund – Direct Plan (D) – This fund holds assets worth Rs.
- Canara Robeco F.O.R.C.E Fund – Regular Plan (D) – It is an equity fund with assets worth Rs.