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.
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.
Compare to other instruments
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.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | 0.95% | -3.13% |
| Year-To-Date | 2.03% | 2.92% |
| 6 months | 0.61% | 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
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 3.38% | -2.77% | ||||||||||
| 2022 | -4.52% | -1.71% | 3.62% | -0.63% |
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.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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.
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, 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 |
| -3% | Sep 8, 2017 | 174 | May 17, 2018 | 158 | Jan 3, 2019 | 332 |
| -2.21% | Sep 5, 2019 | 7 | Sep 13, 2019 | 88 | Jan 21, 2020 | 95 |
| -1.66% | Sep 23, 2011 | 14 | Oct 12, 2011 | 14 | Nov 1, 2011 | 28 |
| -1.57% | Aug 7, 2020 | 54 | Oct 22, 2020 | 48 | Dec 31, 2020 | 102 |
| -1.33% | Sep 2, 2014 | 13 | Sep 18, 2014 | 13 | Oct 7, 2014 | 26 |
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.