Bridge Builder Core Bond Fund (BBTBX)
The investment seeks to provide total return (capital appreciation plus income). The fund invests, under normal market conditions, at least 80% of its net assets (plus the amount of borrowings for investment purposes) in fixed income securities and other instruments, such as derivatives and certain investment companies, with economic characteristics similar to fixed income securities. It may invest in futures, primarily interest rate and U.S. Treasury futures, and swaps, primarily interest rate swaps.
Share Price Chart
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Performance
The chart shows the growth of $10,000 invested in Bridge Builder Core Bond Fund in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $11,883 for a total return of roughly 18.83%. All prices are adjusted for splits and dividends.
Compare to other instruments
Return
Bridge Builder Core Bond Fund had a return of 2.63% year-to-date (YTD) and -5.61% in the last 12 months. Over the past 10 years, Bridge Builder Core Bond Fund had an annualized return of 1.86%, while the S&P 500 had an annualized return of 8.99%, indicating that Bridge Builder Core Bond Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | 1.18% | -3.13% |
| Year-To-Date | 2.63% | 2.92% |
| 6 months | 1.97% | 2.02% |
| 1 year | -5.61% | -11.46% |
| 5 years (annualized) | 1.37% | 7.79% |
| 10 years (annualized) | 1.86% | 8.99% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 3.48% | -2.36% | ||||||||||
| 2022 | -4.22% | -1.43% | 3.67% | -0.37% |
Dividend History
Bridge Builder Core Bond Fund granted a 3.69% dividend yield in the last twelve months. The annual payout for that period amounted to $0.33 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.33 | $0.26 | $0.25 | $0.51 | $0.33 | $0.30 | $0.27 | $0.33 | $0.27 | $0.24 | $0.02 |
Dividend yield | 3.69% | 2.98% | 2.46% | 4.99% | 3.49% | 3.44% | 3.16% | 4.03% | 3.35% | 3.03% | 0.23% |
Monthly Dividends
The table displays the monthly dividend distributions for Bridge Builder Core Bond 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 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 |
| 2020 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.23 |
| 2019 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.05 |
| 2018 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 |
| 2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 |
| 2016 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.10 |
| 2015 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.05 |
| 2014 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 |
| 2013 | $0.02 |
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 Bridge Builder Core Bond 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 Bridge Builder Core Bond Fund is 18.00%, recorded on Oct 24, 2022. The portfolio has not recovered from it yet.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -18% | Aug 5, 2021 | 308 | Oct 24, 2022 | — | — | — |
| -7.69% | Mar 9, 2020 | 9 | Mar 19, 2020 | 57 | Jun 10, 2020 | 66 |
| -4.13% | Sep 8, 2016 | 70 | Dec 15, 2016 | 156 | Aug 1, 2017 | 226 |
| -3.53% | Jan 5, 2021 | 51 | Mar 18, 2021 | 94 | Aug 2, 2021 | 145 |
| -3.26% | Sep 8, 2017 | 173 | May 16, 2018 | 159 | Jan 3, 2019 | 332 |
| -2.62% | Apr 20, 2015 | 49 | Jun 26, 2015 | 151 | Feb 2, 2016 | 200 |
| -2.17% | Sep 5, 2019 | 7 | Sep 13, 2019 | 88 | Jan 21, 2020 | 95 |
| -1.75% | Feb 3, 2015 | 23 | Mar 6, 2015 | 29 | Apr 17, 2015 | 52 |
| -1.4% | Oct 31, 2013 | 39 | Dec 26, 2013 | 22 | Jan 29, 2014 | 61 |
| -1.38% | Aug 7, 2020 | 54 | Oct 22, 2020 | 26 | Nov 30, 2020 | 80 |
Volatility Chart
Current Bridge Builder Core Bond Fund volatility is 10.85%. 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.