- ISIN
- US09260T3005
- CUSIP
- 09260T300
- Issuer
- BlackRock
- Inception Date
- Feb 28, 2011
- Category
- Intermediate Core Bond
- Min. Investment
- $2,000,000
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
BCRIX Performance Chart
BlackRock Advantage CoreAlpha Bond Fund (BCRIX) is up 0.3% since the beginning of the year. BCRIX is currently trading at $9 per share. Investors who bought $1,000 worth of BCRIX shares 5 years ago would now be looking at an investment worth $977.
Loading charts...
Returns By Period
BlackRock Advantage CoreAlpha Bond Fund (BCRIX) has returned 0.28% so far this year and 4.98% over the past 12 months. Over the last ten years, BCRIX has returned 1.59% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
BlackRock Advantage CoreAlpha Bond Fund
- 1D
- 0.23%
- 1M
- 0.86%
- YTD
- 0.28%
- 6M
- 0.79%
- 1Y
- 4.98%
- 3Y*
- 4.11%
- 5Y*
- -0.46%
- 10Y*
- 1.59%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
BCRIX Monthly Returns History
Based on dividend-adjusted daily data since Feb 28, 2011, BCRIX's average daily return is +0.01%, while the average monthly return is +0.17%. At this rate, an investment would double in approximately 34.0 years.
Historically, 57% of months were positive and 43% were negative. The best month was Nov 2023 with a return of +4.8%, while the worst month was Sep 2022 at -4.6%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 6 months.
On a daily basis, BCRIX closed higher 44% of trading days. The best single day was Nov 10, 2022 with a return of +2.0%, while the worst single day was Mar 18, 2020 at -2.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.27% | 1.51% | -1.90% | 0.26% | 0.28% | -0.12% | 0.28% | ||||||
| 2025 | 0.51% | 2.01% | -0.30% | 0.47% | -1.00% | 1.79% | -0.08% | 1.20% | 1.08% | 0.51% | 0.63% | -0.18% | 6.81% |
| 2024 | -0.12% | -1.38% | 0.82% | -2.07% | 1.57% | 0.97% | 2.51% | 1.54% | 1.63% | -2.63% | 1.07% | -1.55% | 2.21% |
| 2023 | 3.38% | -2.77% | 2.36% | 0.61% | -1.19% | -0.41% | -0.07% | -0.64% | -2.51% | -2.16% | 4.77% | 3.96% | 5.07% |
| 2022 | -1.98% | -1.61% | -2.95% | -4.18% | 0.18% | -1.85% | 2.22% | -2.53% | -4.57% | -1.54% | 3.80% | -0.45% | -14.70% |
| 2021 | -0.57% | -1.60% | -1.16% | 0.94% | 0.26% | 0.73% | 1.03% | -0.03% | -0.88% | -0.70% | 0.26% | -0.25% | -1.97% |
Benchmark Metrics
BlackRock Advantage CoreAlpha Bond Fund has an annualized alpha of 2.33%, beta of -0.02, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since February 28, 2011.
- This fund participated in 12.45% of S&P 500 Index downside but only 11.42% of its upside - more exposed to losses than it benefited from rallies.
- Beta of -0.02 may look defensive, but with R2 of 0.00 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.00 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 2.33%
- Beta
- -0.02
- R²
- 0.00
- Upside Capture
- 11.42%
- Downside Capture
- 12.45%
Expense Ratio
BCRIX has an expense ratio of 0.28%, placing it in the medium range.
Return for Risk
Risk / Return Rank
BCRIX ranks 23 for risk / return — below 23% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for BlackRock Advantage CoreAlpha Bond Fund (BCRIX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BCRIX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.73 | ||
| Sortino ratioReturn per unit of downside risk | -0.80 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.37 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.66 | 2.78 | -1.12 |
| Martin ratioReturn relative to average drawdown | 4.69 | 12.44 | -7.75 |
Dividends
Dividend History
BlackRock Advantage CoreAlpha Bond Fund provided a 4.68% dividend yield over the last twelve months, with an annual payout of $0.40 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.40 | $0.40 | $0.39 | $0.30 | $0.16 | $0.26 | $0.67 | $0.40 | $0.31 | $0.29 | $0.33 | $0.30 |
Dividend yield | 4.68% | 4.59% | 4.53% | 3.41% | 1.85% | 2.49% | 6.25% | 3.75% | 3.07% | 2.81% | 3.21% | 2.93% |
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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.16 | ||||||
| 2025 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.40 |
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.39 |
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.00 | $0.03 | $0.06 | $0.30 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.00 | $0.00 | $0.02 | $0.00 | $0.02 | $0.02 | $0.02 | $0.16 |
| 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 | $0.26 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
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 20.21%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current BlackRock Advantage CoreAlpha Bond Fund drawdown is 3.81%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -20.21%Oct 2022 | 1y 9mo | — | 5y 5moJan 2021 - now |
COVID crash2020 | -8.91%Mar 2020 | 14d | 2mo 18d | 3mo 2dMar 2020 - Jun 2020 |
2013 pullback2013 | -6.38%Sep 2013 | 4mo 5d | 1y 1mo | 1y 5moMay 2013 - Oct 2014 |
2016 pullback2016 | -4.72%Dec 2016 | 3mo 9d | 8mo 18d | 11mo 27dSep 2016 - Aug 2017 |
2018 pullback2018 | -3.03%May 2018 | 8mo 11d | 7mo 21d | 1y 3moSep 2017 - Jan 2019 |
Drawdown Indicators
| BCRIX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.21% | -56.78% | +36.57% |
Max Drawdown (1Y)Largest decline over 1 year | -3.01% | -9.10% | +6.09% |
Max Drawdown (3Y)Largest decline over 3 years | -6.40% | -18.90% | +12.50% |
Max Drawdown (5Y)Largest decline over 5 years | -20.05% | -25.43% | +5.38% |
Max Drawdown (10Y)Largest decline over 10 years | -20.21% | -33.92% | +13.71% |
Current DrawdownCurrent decline from peak | -3.81% | -1.80% | -2.01% |
Average DrawdownAverage peak-to-trough decline | -4.11% | -10.71% | +6.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.06% | 2.03% | -0.97% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with BCRIX
Add BlackRock Advantage CoreAlpha Bond Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with BCRIX