BlackRock Core Bond Portfolio (BFMCX)
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.
Fund Info
| ISIN | US09260B3096 |
|---|---|
| CUSIP | 09260B309 |
| Issuer | Blackrock |
| Inception Date | Dec 9, 1992 |
| Category | Intermediate Core Bond |
| Min. Investment | $2,000,000 |
| Asset Class | Bond |
Expense Ratio
The BlackRock Core Bond Portfolio has a high expense ratio of 0.44%, indicating higher-than-average management fees.
Share Price Chart
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Popular comparisons: BFMCX vs. SPY
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in BlackRock Core Bond Portfolio, 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 Core Bond Portfolio had a return of -3.08% year-to-date (YTD) and -1.64% in the last 12 months. Over the past 10 years, BlackRock Core Bond Portfolio had an annualized return of 1.33%, while the S&P 500 had an annualized return of 10.55%, indicating that BlackRock Core Bond Portfolio did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -3.08% | 6.33% |
| 1 month | -1.97% | -2.81% |
| 6 months | 6.03% | 21.13% |
| 1 year | -1.64% | 24.56% |
| 5 years (annualized) | 0.12% | 11.55% |
| 10 years (annualized) | 1.33% | 10.55% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.03% | -1.47% | 0.96% | |||||||||
| 2023 | -2.62% | -1.80% | 4.72% | 3.71% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
BlackRock Core Bond Portfolio(BFMCX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for BlackRock Core Bond Portfolio (BFMCX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
BlackRock Core Bond Portfolio granted a 4.11% dividend yield in the last twelve months. The annual payout for that period amounted to $0.33 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.33 | $0.32 | $0.21 | $0.24 | $0.58 | $0.28 | $0.26 | $0.26 | $0.23 | $0.25 | $0.29 | $0.28 |
Dividend yield | 4.11% | 3.79% | 2.54% | 2.50% | 5.76% | 2.85% | 2.81% | 2.69% | 2.43% | 2.58% | 2.98% | 2.95% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.03 | $0.03 | $0.03 | |||||||||
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 |
| 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 | $0.04 | $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 |
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 Core Bond Portfolio. 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 Core Bond Portfolio was 18.91%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current BlackRock Core Bond Portfolio drawdown is 12.62%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -18.91% | Sep 15, 2021 | 280 | Oct 24, 2022 | — | — | — |
| -16.24% | Feb 6, 2008 | 201 | Nov 20, 2008 | 180 | Aug 11, 2009 | 381 |
| -8.97% | Mar 10, 2020 | 8 | Mar 19, 2020 | 57 | Jun 10, 2020 | 65 |
| -7.31% | Dec 28, 1995 | 120 | Jun 12, 1996 | 122 | Nov 29, 1996 | 242 |
| -5.04% | May 3, 2013 | 87 | Sep 5, 2013 | 150 | Apr 10, 2014 | 237 |
Volatility
Volatility Chart
The current BlackRock Core Bond Portfolio volatility is 1.89%, 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.