BlackRock Emerging Markets Fund, Inc. (MDDCX)
BlackRock Emerging Markets Fund, Inc. operates in the Asset Management industry of the Financial Services sector, headquartered in Wilmington, DE, US. The stock last traded at $34.06, up 0.00% on the session, giving a market capitalisation of $2.23B. Its beta of 1.18 implies it has historically moved more than the broad market.
The fund primarily commits a minimum of 80% of its net assets, plus any leveraged capital, to equity securities issued by companies situated in evolving capital market countries. These nations are commonly found in regions such as Asia, Latin America, Eastern Europe, and Africa. For classification purposes, "developing capital markets" broadly includes, but is not confined to, all the countries listed in the MSCI Emerging Markets Index. Typically, the portfolio maintains investments in no fewer than three distinct countries simultaneously.
BlackRock Emerging Markets Fund, Inc. is most often compared with the following Financial Services names: