BlackRock Short Obligations Fund (BBSOX)
The investment seeks current income consistent with preservation of capital. The fund will invest in U.S. dollar-denominated investment grade and short-term fixed and floating rate debt securities maturing in three years or less (with certain exceptions) and will maintain a dollar-weighted average maturity of 180 days or less and a dollar-weighted average life of 365 days or less. It invests a significant portion of its assets in securities issued by financial services companies, including banks, broker-dealers and insurance companies, and repurchase agreements secured by such obligations.
Share Price Chart
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Performance
The chart shows the growth of $10,000 invested in BlackRock Short Obligations Fund in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $11,194 for a total return of roughly 11.94%. All prices are adjusted for splits and dividends.
Compare to other instruments
Return
BlackRock Short Obligations Fund had a return of 0.71% year-to-date (YTD) and 2.07% in the last 12 months. Over the past 10 years, BlackRock Short Obligations Fund had an annualized return of 1.13%, while the S&P 500 had an annualized return of 9.86%, indicating that BlackRock Short Obligations Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | 0.20% | -3.13% |
| Year-To-Date | 0.71% | 2.92% |
| 6 months | 1.85% | 2.02% |
| 1 year | 2.07% | -11.46% |
| 5 years (annualized) | 1.58% | 7.79% |
| 10 years (annualized) | 1.13% | 9.86% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 0.51% | 0.20% | ||||||||||
| 2022 | -0.02% | 0.12% | 0.45% | 0.49% |
Dividend History
BlackRock Short Obligations Fund granted a 2.13% dividend yield in the last twelve months. The annual payout for that period amounted to $0.21 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.21 | $0.15 | $0.04 | $0.12 | $0.26 | $0.22 | $0.13 | $0.10 | $0.06 | $0.01 |
Dividend yield | 2.13% | 1.50% | 0.36% | 1.17% | 2.64% | 2.38% | 1.39% | 1.15% | 0.69% | 0.16% |
Monthly Dividends
The table displays the monthly dividend distributions for BlackRock Short Obligations Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $0.03 | $0.03 | ||||||||||
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.00 | $0.00 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2018 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2017 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.00 | $0.02 |
| 2016 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 |
| 2015 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 |
| 2014 | $0.01 | $0.00 | $0.01 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below shows the maximum drawdowns of the BlackRock Short Obligations Fund. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.
The maximum drawdown since January 2010 for the BlackRock Short Obligations Fund is 1.59%, recorded on Mar 23, 2020. It took 32 trading sessions for the portfolio to recover.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -1.59% | Mar 6, 2020 | 12 | Mar 23, 2020 | 32 | May 7, 2020 | 44 |
| -1.01% | Oct 4, 2021 | 176 | Jun 14, 2022 | 117 | Nov 30, 2022 | 293 |
| -0.3% | Mar 14, 2023 | 3 | Mar 16, 2023 | — | — | — |
| -0.3% | Feb 27, 2023 | 1 | Feb 27, 2023 | 1 | Feb 28, 2023 | 2 |
| -0.2% | Feb 3, 2023 | 8 | Feb 14, 2023 | 7 | Feb 24, 2023 | 15 |
| -0.2% | Feb 6, 2018 | 15 | Feb 27, 2018 | 2 | Mar 1, 2018 | 17 |
| -0.1% | Feb 1, 2019 | 1 | Feb 1, 2019 | 1 | Feb 4, 2019 | 2 |
| -0.1% | Oct 3, 2018 | 1 | Oct 3, 2018 | 20 | Oct 31, 2018 | 21 |
| -0.1% | Aug 27, 2015 | 1 | Aug 27, 2015 | 6 | Sep 4, 2015 | 7 |
| -0.1% | Aug 13, 2015 | 1 | Aug 13, 2015 | 4 | Aug 19, 2015 | 5 |
Volatility Chart
Current BlackRock Short Obligations Fund volatility is 1.59%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.