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BlackRock Core Bond Portfolio (BFMCX)

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

The fund normally invests at least 80% of its assets in bonds and maintains an average portfolio duration that is within ±20% of the duration of the benchmark. The management team selects bonds from several sectors including: U.S. treasuries and agency securities, commercial and residential mortgage-backed securities, CMOs, asset-backed securities and corporate bonds. The fund may invest up to 25% of its assets in assets of foreign issuers, of which 10% (as a percentage of the fund's assets) may be invested in emerging markets issuers.

Share Price Chart


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Performance

The chart shows the growth of $10,000 invested in BlackRock Core Bond Portfolio in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $31,267 for a total return of roughly 212.67%. All prices are adjusted for splits and dividends.


0.00%5.00%10.00%NovemberDecember2023FebruaryMarch
4.18%
7.43%
BFMCX (BlackRock Core Bond Portfolio)
Benchmark (^GSPC)

S&P 500

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BlackRock Core Bond Portfolio

Return

BlackRock Core Bond Portfolio had a return of 2.87% year-to-date (YTD) and -5.92% in the last 12 months. Over the past 10 years, BlackRock Core Bond Portfolio had an annualized return of 1.51%, while the S&P 500 had an annualized return of 9.86%, indicating that BlackRock Core Bond Portfolio did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month1.23%-3.13%
Year-To-Date2.87%2.92%
6 months2.19%2.02%
1 year-5.92%-11.46%
5 years (annualized)1.16%7.79%
10 years (annualized)1.51%9.86%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20233.69%-2.45%
2022-4.80%-1.35%4.03%-0.46%

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 Core Bond Portfolio Sharpe ratio is -0.68. 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
-0.68
-0.45
BFMCX (BlackRock Core Bond Portfolio)
Benchmark (^GSPC)

Dividend History

BlackRock Core Bond Portfolio granted a 3.21% dividend yield in the last twelve months. The annual payout for that period amounted to $0.27 per share.


PeriodTTM20222021202020192018201720162015201420132012
Dividend$0.27$0.21$0.22$0.58$0.28$0.26$0.26$0.23$0.25$0.29$0.28$0.32

Dividend yield

3.21%2.60%2.29%6.07%3.17%3.27%3.18%2.95%3.20%3.80%3.88%4.39%

Monthly Dividends

The table displays the monthly dividend distributions for BlackRock Core Bond Portfolio. 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$0.01$0.01$0.01$0.01$0.01$0.01$0.02$0.02$0.02$0.02$0.02$0.03
2021$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.07
2020$0.02$0.02$0.02$0.02$0.01$0.01$0.02$0.02$0.02$0.02$0.01$0.40
2019$0.02$0.02$0.03$0.03$0.03$0.02$0.02$0.02$0.02$0.02$0.02$0.02
2018$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02
2017$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02
2016$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02
2015$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.04
2014$0.03$0.03$0.03$0.03$0.03$0.03$0.02$0.02$0.02$0.02$0.02$0.02
2013$0.02$0.02$0.02$0.03$0.03$0.02$0.02$0.02$0.02$0.02$0.02$0.02
2012$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03

Drawdowns Chart

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


-25.00%-20.00%-15.00%-10.00%NovemberDecember2023FebruaryMarch
-12.52%
-17.62%
BFMCX (BlackRock Core Bond Portfolio)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the BlackRock Core Bond Portfolio. 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 Core Bond Portfolio is 19.11%, recorded on Oct 20, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-19.11%Jan 4, 2021454Oct 20, 2022
-16.24%Feb 6, 2008201Nov 20, 2008180Aug 11, 2009381
-8.97%Mar 10, 20208Mar 19, 202057Jun 10, 202065
-7.31%Dec 28, 1995120Jun 12, 1996122Nov 29, 1996242
-5.04%May 3, 201387Sep 5, 2013150Apr 10, 2014237
-4.64%Jun 16, 200341Aug 13, 200390Dec 19, 2003131
-4.47%Nov 8, 200127Dec 17, 2001112May 30, 2002139
-4.01%Jul 11, 2016113Dec 16, 2016171Aug 23, 2017284
-3.85%Mar 18, 200440May 13, 200474Aug 30, 2004114
-3.73%Nov 5, 201028Dec 15, 2010115Jun 1, 2011143

Volatility Chart

Current BlackRock Core Bond Portfolio volatility is 11.18%. 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
11.18%
20.82%
BFMCX (BlackRock Core Bond Portfolio)
Benchmark (^GSPC)