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BlackRock Low Duration Bond Portfolio (BFMSX)

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

The fund invests primarily in investment grade bonds and maintains an average portfolio duration that is between 0 and 3 years. It normally invests at least 80% of its assets in debt securities. The fund may invest up to 20% of its assets in non-investment grade bonds (commonly called "high yield" or "junk bonds"). It may also invest up to 35% 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 Low Duration Bond Portfolio in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $22,576 for a total return of roughly 125.76%. All prices are adjusted for splits and dividends.


0.00%5.00%10.00%NovemberDecember2023FebruaryMarch
3.37%
7.43%
BFMSX (BlackRock Low Duration Bond Portfolio)
Benchmark (^GSPC)

S&P 500

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Return

BlackRock Low Duration Bond Portfolio had a return of 1.27% year-to-date (YTD) and 0.34% in the last 12 months. Over the past 10 years, BlackRock Low Duration Bond Portfolio had an annualized return of 1.35%, while the S&P 500 had an annualized return of 9.86%, indicating that BlackRock Low Duration Bond Portfolio did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month0.74%-3.13%
Year-To-Date1.27%2.92%
6 months2.69%2.02%
1 year0.34%-11.46%
5 years (annualized)1.36%7.79%
10 years (annualized)1.35%9.86%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20231.21%-0.72%
2022-1.65%-0.41%1.18%1.53%

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 Low Duration Bond Portfolio Sharpe ratio is 0.11. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

The chart below displays rolling 12-month Sharpe Ratio.


-3.00-2.50-2.00-1.50-1.00-0.500.000.50NovemberDecember2023FebruaryMarch
0.11
-0.45
BFMSX (BlackRock Low Duration Bond Portfolio)
Benchmark (^GSPC)

Dividend History

BlackRock Low Duration Bond Portfolio granted a 4.96% dividend yield in the last twelve months. The annual payout for that period amounted to $0.44 per share.


PeriodTTM20222021202020192018201720162015201420132012
Dividend$0.44$0.38$0.13$0.20$0.25$0.24$0.21$0.17$0.18$0.22$0.21$0.26

Dividend yield

4.96%4.31%1.44%2.17%2.84%2.81%2.49%2.07%2.23%2.76%2.67%3.29%

Monthly Dividends

The table displays the monthly dividend distributions for BlackRock Low Duration Bond Portfolio. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.03$0.03
2022$0.01$0.01$0.01$0.01$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.20
2021$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.02
2020$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.01$0.01
2019$0.02$0.02$0.02$0.02$0.02$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$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.02$0.02$0.02
2015$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.04
2014$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.01$0.01$0.03
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$0.02$0.02$0.02$0.02$0.02$0.02$0.02$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%-5.00%NovemberDecember2023FebruaryMarch
-3.29%
-17.62%
BFMSX (BlackRock Low Duration Bond Portfolio)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the BlackRock Low Duration 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 Low Duration Bond Portfolio is 13.68%, recorded on Nov 20, 2008. It took 298 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-13.68%Mar 5, 2008182Nov 20, 2008298Jan 29, 2010480
-7.49%Jun 10, 2021345Oct 20, 2022
-7.39%Mar 5, 202014Mar 24, 202071Jul 6, 202085
-4.69%Sep 28, 1993331Jan 3, 1995477Oct 31, 1996808
-1.73%May 10, 201331Jun 24, 2013111Nov 29, 2013142
-1.58%Nov 8, 200112Nov 26, 200164Feb 28, 200276
-1.51%Aug 3, 201148Oct 10, 201161Jan 6, 2012109
-1.33%Mar 26, 200454Jun 14, 200448Aug 20, 2004102
-1.28%Mar 1, 200217Mar 25, 200225Apr 30, 200242
-1.28%Jun 25, 200334Aug 13, 200391Dec 22, 2003125

Volatility Chart

Current BlackRock Low Duration Bond Portfolio volatility is 6.69%. 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
6.69%
20.82%
BFMSX (BlackRock Low Duration Bond Portfolio)
Benchmark (^GSPC)