BlackRock Sustainable Emerging Markets Equity Fund posted returns of -5.34% (Institutional shares) and -5.38% (Investor A ...

The P/B ratio shows how a stock's market price compares to its book value. It helps gauge whether a stock is undervalued or overvalued relative to its net assets.

The Fund’s investment objective is to replicate the price and the performance, before fees and expenses, of an index that provides exposure to entities involved in serving national defense industries.