BlackRock Advantage CoreAlpha Bond Fund (BCRIX)
The fund is a "feeder" fund that invests all of its assets in the Master Portfolio, which has the same investment objective and strategies as the fund. It invests, under normal circumstances, at least 80% of the value of its net assets, plus the amount of any borrowing for investment purposes, in bonds. The fund may invest in bonds issued by companies located in countries other than the United States, including companies in emerging markets.
Fund Info
ISIN | US09260T3005 |
---|---|
CUSIP | 09260T300 |
Issuer | Blackrock |
Inception Date | Feb 28, 2011 |
Category | Intermediate Core Bond |
Min. Investment | $2,000,000 |
Asset Class | Bond |
Expense Ratio
The BlackRock Advantage CoreAlpha Bond Fund has a high expense ratio of 0.28%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Popular comparisons: BCRIX vs. TLT
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in BlackRock Advantage CoreAlpha Bond Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
BlackRock Advantage CoreAlpha Bond Fund had a return of -0.93% year-to-date (YTD) and 2.49% in the last 12 months. Over the past 10 years, BlackRock Advantage CoreAlpha Bond Fund had an annualized return of 1.30%, while the S&P 500 had an annualized return of 10.96%, indicating that BlackRock Advantage CoreAlpha Bond Fund did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | -0.93% | 10.04% |
1 month | 1.04% | 3.53% |
6 months | 6.50% | 22.79% |
1 year | 2.49% | 32.16% |
5 years (annualized) | -0.22% | 13.15% |
10 years (annualized) | 1.30% | 10.96% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | -0.12% | -1.38% | ||||||||||
2023 | -0.64% | -2.51% | -1.84% | 4.77% | 3.96% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
This table presents risk-adjusted performance metrics for BlackRock Advantage CoreAlpha Bond Fund (BCRIX) and compares them with a selected benchmark (^GSPC). These performance indicators assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
BlackRock Advantage CoreAlpha Bond Fund | 0.32 | ||||
S&P 500 | 2.76 |
Dividends
Dividend History
BlackRock Advantage CoreAlpha Bond Fund granted a 3.93% dividend yield in the last twelve months. The annual payout for that period amounted to $0.34 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.34 | $0.33 | $0.05 | $0.26 | $0.68 | $0.38 | $0.31 | $0.30 | $0.28 | $0.29 | $0.27 | $0.27 |
Dividend yield | 3.93% | 3.72% | 0.55% | 2.49% | 6.27% | 3.62% | 3.08% | 2.86% | 2.75% | 2.76% | 2.57% | 2.62% |
Monthly Dividends
The table displays the monthly dividend distributions for BlackRock Advantage CoreAlpha 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.03 | $0.03 | ||||||||||
2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.06 |
2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 |
2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.05 |
2020 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.43 |
2019 | $0.03 | $0.03 | $0.00 | $0.00 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.14 |
2018 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 |
2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 |
2016 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 |
2015 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
2014 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
2013 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the BlackRock Advantage CoreAlpha Bond Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the BlackRock Advantage CoreAlpha Bond Fund was 20.77%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current BlackRock Advantage CoreAlpha Bond Fund drawdown is 13.73%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-20.77% | Jan 5, 2021 | 455 | Oct 24, 2022 | — | — | — |
-8.91% | Mar 10, 2020 | 11 | Mar 24, 2020 | 54 | Jun 10, 2020 | 65 |
-5.61% | May 3, 2013 | 87 | Sep 5, 2013 | 182 | May 28, 2014 | 269 |
-5.17% | Sep 8, 2016 | 71 | Dec 16, 2016 | 179 | Sep 5, 2017 | 250 |
-3.02% | Feb 3, 2015 | 101 | Jun 26, 2015 | 182 | Mar 17, 2016 | 283 |
Volatility
Volatility Chart
The current BlackRock Advantage CoreAlpha Bond Fund volatility is 1.28%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.