BlackRock Emerging Markets Fund, Inc. (MADCX) is a publicly traded company in the Financial Services sector, operating within the Asset Management industry. The company is headquartered in Wilmington, DE, United States. The current CEO is Anne Frances Ackerley.
MADCX has IPO date of 1989-08-31, listed on the NASDAQ, a market capitalization of $2.35B.
The fund normally invests at least 80% of its net assets plus any borrowings for investment purposes in equity securities of issuers located in countries with developing capital markets. Countries with developing capital markets can be found in regions such as Asia, Latin America, Eastern Europe and Africa. For this purpose, developing capital markets include, but are not limited to, the markets of all countries that comprise the MSCI Emerging Markets Index. It normally invests in at least three countries at any given time.
