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BlackRock Advantage CoreAlpha Bond Fund (BCRIX)

Mutual Fund · Currency in USD · Last updated Mar 21, 2023

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.

Share Price Chart


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Performance

The chart shows the growth of $10,000 invested in BlackRock Advantage CoreAlpha Bond Fund in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $12,363 for a total return of roughly 23.63%. All prices are adjusted for splits and dividends.


0.00%5.00%10.00%NovemberDecember2023FebruaryMarch
2.42%
7.43%
BCRIX (BlackRock Advantage CoreAlpha Bond Fund)
Benchmark (^GSPC)

S&P 500

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Return

BlackRock Advantage CoreAlpha Bond Fund had a return of 2.03% year-to-date (YTD) and -8.32% in the last 12 months. Over the past 10 years, BlackRock Advantage CoreAlpha Bond Fund had an annualized return of 1.09%, while the S&P 500 had an annualized return of 9.86%, indicating that BlackRock Advantage CoreAlpha Bond Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month0.95%-3.13%
Year-To-Date2.03%2.92%
6 months0.61%2.02%
1 year-8.32%-11.46%
5 years (annualized)0.54%7.79%
10 years (annualized)1.09%9.86%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20233.38%-2.77%
2022-4.52%-1.71%3.62%-0.63%

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current BlackRock Advantage CoreAlpha Bond Fund Sharpe ratio is -1.00. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-2.50-2.00-1.50-1.00-0.50NovemberDecember2023FebruaryMarch
-1.00
-0.45
BCRIX (BlackRock Advantage CoreAlpha Bond Fund)
Benchmark (^GSPC)

Dividend History

BlackRock Advantage CoreAlpha Bond Fund granted a 1.25% dividend yield in the last twelve months. The annual payout for that period amounted to $0.11 per share.


PeriodTTM20222021202020192018201720162015201420132012
Dividend$0.11$0.05$0.26$0.68$0.43$0.31$0.30$0.28$0.29$0.27$0.27$0.28

Dividend yield

1.25%0.56%2.51%6.49%4.54%3.54%3.39%3.35%3.46%3.31%3.46%3.55%

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.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.02$0.02
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$0.03$0.03$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
2012$0.02$0.02$0.02$0.02$0.03$0.03$0.02$0.02$0.02$0.02$0.02$0.02

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-26.00%-24.00%-22.00%-20.00%-18.00%-16.00%-14.00%-12.00%NovemberDecember2023FebruaryMarch
-15.73%
-17.62%
BCRIX (BlackRock Advantage CoreAlpha Bond Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the BlackRock Advantage CoreAlpha 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 BlackRock Advantage CoreAlpha Bond Fund is 20.77%, recorded on Oct 24, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-20.77%Jan 5, 2021455Oct 24, 2022
-8.91%Mar 10, 202011Mar 24, 202054Jun 10, 202065
-5.61%May 3, 201387Sep 5, 2013182May 28, 2014269
-5.17%Sep 8, 201671Dec 16, 2016179Sep 5, 2017250
-3.02%Feb 3, 2015101Jun 26, 2015182Mar 17, 2016283
-3%Sep 8, 2017174May 17, 2018158Jan 3, 2019332
-2.21%Sep 5, 20197Sep 13, 201988Jan 21, 202095
-1.66%Sep 23, 201114Oct 12, 201114Nov 1, 201128
-1.57%Aug 7, 202054Oct 22, 202048Dec 31, 2020102
-1.33%Sep 2, 201413Sep 18, 201413Oct 7, 201426

Volatility Chart

Current BlackRock Advantage CoreAlpha Bond Fund volatility is 11.35%. 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.


0.00%10.00%20.00%30.00%40.00%NovemberDecember2023FebruaryMarch
11.35%
20.82%
BCRIX (BlackRock Advantage CoreAlpha Bond Fund)
Benchmark (^GSPC)