Investment objective & strategy
As of Sept. 24, 2025 · prospectusObjective. The investment objective of BlackRock Capital Appreciation Fund, Inc. (the Fund) is to seek long-term growth of capital.
Strategy. The Fund will seek to achieve its investment objective by investing primarily in a diversified portfolio consisting primarily of common stock of U.S. companies that Fund management believes have exhibited above-average growth rates in earnings over the long term. In other words, Fund management tries to choose investments that will increase in value over the long term. The Fund will generally invest at least 65% of its total assets in the following equity securities: ? Common stock; ? Convertible preferred stock; and ? Rights to subscribe to common stock. Of these securities the Fund generally seeks to invest primarily in common stock. The Fund may also purchase securities convertible into common stock. The Fund may invest in companies of any … The Fund will seek to achieve its investment objective by investing primarily in a diversified portfolio consisting primarily of common stock of U.S. companies that Fund management believes have exhibited above-average growth rates in earnings over the long term. In other words, Fund management tries to choose investments that will increase in value over the long term. The Fund will generally invest at least 65% of its total assets in the following equity securities: ? Common stock; ? Convertible preferred stock; and ? Rights to subscribe to common stock. Of these securities the Fund generally seeks to invest primarily in common stock. The Fund may also purchase securities convertible into common stock. The Fund may invest in companies of any size but emphasizes investments in companies that have medium to large stock market capitalizations (currently, approximately $2 billion or more). Convertible securities generally are debt securities or preferred stock that may be converted into common stock. Convertible securities typically pay current income as either interest (debt security convertibles) or dividends (preferred stock). A convertibles value usually reflects both the stream of current income payments and the market value of the underlying common stock. The Fund may purchase securities pursuant to the exercise of subscription rights, which allow an issuers existing shareholders to purchase additional common stock at a price substantially below the market price of the shares.
Top holdings
As of Feb. 27, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| NVIDIA CORP | — | $484.04M | 13.76% |
| AMAZON.COM INC | — | $267.20M | 7.59% |
| MICROSOFT CORP | — | $238.50M | 6.78% |
| APPLE INC | — | $208.20M | 5.92% |
| ALPHABET INC CL A | — | $179.95M | 5.11% |
| BROADCOM INC | — | $164.79M | 4.68% |
| HOWMET AEROSPACE INC | — | $114.87M | 3.26% |
| META PLATFORMS INC CL A | — | $109.53M | 3.11% |
| LILLY ELI and CO | — | $107.63M | 3.06% |
| ARISTA NETWORKS INC | — | $92.55M | 2.63% |
Portfolio moves
Nov 28, 2025 → Feb 27, 2026How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| BlackRock Large Cap Focus Growth Fund, Inc. | 99% | 0.62% |
| iShares Large Cap Growth Active ETF | 89% | 0.55% |
| Growth Fund · VCULX | 85% | 0.61% |
Advisers
| Firm | Role |
|---|---|
| BlackRock Advisors, LLC | Adviser |
Footnotes
- Net assets and holdings count as of February 27, 2026, from the fund's N-PORT filing.
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