BlackRock Mid-Cap Growth Equity Portfolio Class R 

The fund typically allocates a minimum of 80% of its net capital to equity investments in U.S. companies with medium market capitalizations. Its management team seeks out businesses they believe exhibit the potential for above-average earnings growth. At the time of initial investment, the fund's advisor generally categorizes these mid-cap companies as those possessing market capitalizations comparable in scale to the constituents of the Russell Midcap® Growth Index. While common stock is the primary focus of its portfolio, the fund also has the flexibility to invest in preferred stock, convertible securities, and other forms of equity instruments.