BlackRock Low Duration Bond Portfolio (BFMSX)
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
Loading data...
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.
Compare to other instruments
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.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | 0.74% | -3.13% |
| Year-To-Date | 1.27% | 2.92% |
| 6 months | 2.69% | 2.02% |
| 1 year | 0.34% | -11.46% |
| 5 years (annualized) | 1.36% | 7.79% |
| 10 years (annualized) | 1.35% | 9.86% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 1.21% | -0.72% | ||||||||||
| 2022 | -1.65% | -0.41% | 1.18% | 1.53% |
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.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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.
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, 2008 | 182 | Nov 20, 2008 | 298 | Jan 29, 2010 | 480 |
| -7.49% | Jun 10, 2021 | 345 | Oct 20, 2022 | — | — | — |
| -7.39% | Mar 5, 2020 | 14 | Mar 24, 2020 | 71 | Jul 6, 2020 | 85 |
| -4.69% | Sep 28, 1993 | 331 | Jan 3, 1995 | 477 | Oct 31, 1996 | 808 |
| -1.73% | May 10, 2013 | 31 | Jun 24, 2013 | 111 | Nov 29, 2013 | 142 |
| -1.58% | Nov 8, 2001 | 12 | Nov 26, 2001 | 64 | Feb 28, 2002 | 76 |
| -1.51% | Aug 3, 2011 | 48 | Oct 10, 2011 | 61 | Jan 6, 2012 | 109 |
| -1.33% | Mar 26, 2004 | 54 | Jun 14, 2004 | 48 | Aug 20, 2004 | 102 |
| -1.28% | Mar 1, 2002 | 17 | Mar 25, 2002 | 25 | Apr 30, 2002 | 42 |
| -1.28% | Jun 25, 2003 | 34 | Aug 13, 2003 | 91 | Dec 22, 2003 | 125 |
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.