Top 5 Blackrock Mutual Funds - Best of Fund Family

BlackRock Inc. is one of the world's leading asset management firms and offers a range of risk management, strategic advisor and enterprise investment system services. With over $3.56 trillion worth of assets under management, the company caters to institutional, intermediary as well as individual investors. Its offerings range from individual and institutional separate accounts, mutual funds and other pooled investment options. BlackRock aims to provide a wide range of investment solutions, helping investors strike a balance between risk and opportunities.

Below we will share with you 5 top rated BlackRock funds. Each has earned a Zacks #1 Rank (Strong Buy) as we expect the fund to outperform its peers in the future. To view the Zacks Rank and past performance of all BlackRock funds, then click here.

BlackRock Mid-Cap Value Equity A (BMCAX) invests the majority of its assets in value stocks of domestic mid-cap companies. The fund focuses on acquiring common stock but may also purchase preferred stock and related convertible securities. It may also invest in real estate investment trusts. The fund returned 15.24% over the last one year period.

Anthony F. Forcione is the fund manager and he has managed this BlackRock fund since 2005.

BlackRock GNMA A (BGPAX) seeks total return. The fund invests heavily in securities issued by the Government National Mortgage Association (GNMA). It may also purchase other government securities with maturity periods ranging from five to ten years. The fund may utilize derivatives to enhance returns or manage risk. The fund has a ten year annualized return of 5.45%.

As of June 2011, this fund held 1132 issues, with 20.37% of its total assets invested in GNMA 4.5%.

BlackRock US Opportunities A (BMEAX) invests a large share of its assets in domestic emerging capitalizations companies with the potential to deliver superior growth. The companies selected for investment purposes must have market capitalizations within the range of the Russell Midcap Index. The fund returned 15.12% over the last one year period.

The BlackRock fund has a minimum initial investment of $1,000 and an expense ratio of 1.51% compared to a category average of 1.41%.

BlackRock Utilities & Telecomm A (MDGUX) seeks both current income and capital growth. The fund invests the majority of its assets in domestic and foreign utilities and telecom companies. It may purchase both equity and fixed-income securities. It may invest in both developed and emerging markets. The fund has a five year annualized return of 2.43%.

Kathleen M. Anderson is the fund manager and he has managed this BlackRock fund since 2002.

BlackRock Healthcare A (MDHCX) invests at least 80% of its assets in the healthcare sector. The fund focuses on purchasing securities of companies that have the potential for superior earnings growth. It may also invest in foreign and convertible securities, depositary receipts and rights. The fund returned 9.18% over the last one year period.

The BlackRock fund has a minimum initial investment of $1,000 and an expense ratio of 1.58% compared to a category average of 1.60%.

To view the Zacks Rank and past performance of all BlackRock funds, then click here.

About Zacks Mutual Fund Rank

By applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward. Learn more about the Zacks Mutual Fund Rank at http://www.zacks.com/funds.