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.
Fund Info
ISIN | US09260B4656 |
---|---|
CUSIP | 09260B465 |
Issuer | Blackrock |
Inception Date | Jul 17, 1992 |
Category | Short-Term Bond |
Min. Investment | $2,000,000 |
Asset Class | Bond |
Expense Ratio
The BlackRock Low Duration Bond Portfolio has a high expense ratio of 0.41%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in BlackRock Low Duration 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 Low Duration Bond Portfolio had a return of 0.38% year-to-date (YTD) and 4.85% in the last 12 months. Over the past 10 years, BlackRock Low Duration Bond Portfolio had an annualized return of 1.57%, while the S&P 500 had an annualized return of 10.89%, indicating that BlackRock Low Duration Bond Portfolio did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 0.38% | 10.16% |
1 month | 0.58% | 3.47% |
6 months | 4.05% | 22.20% |
1 year | 4.85% | 30.45% |
5 years (annualized) | 1.45% | 13.16% |
10 years (annualized) | 1.57% | 10.89% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 0.48% | -0.20% | ||||||||||
2023 | 0.46% | -0.22% | 0.15% | 1.62% | 1.50% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
This table presents risk-adjusted performance metrics for BlackRock Low Duration Bond Portfolio (BFMSX) and compares them with a selected benchmark (^GSPC). These performance indicators assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
BlackRock Low Duration Bond Portfolio | 1.84 | ||||
S&P 500 | 2.79 |
Dividends
Dividend History
BlackRock Low Duration Bond Portfolio granted a 4.14% dividend yield in the last twelve months. The annual payout for that period amounted to $0.37 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.37 | $0.36 | $0.30 | $0.13 | $0.20 | $0.25 | $0.24 | $0.21 | $0.17 | $0.18 | $0.22 | $0.21 |
Dividend yield | 4.14% | 4.00% | 3.34% | 1.31% | 2.04% | 2.62% | 2.50% | 2.18% | 1.77% | 1.88% | 2.28% | 2.15% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.03 | $0.03 | ||||||||||
2023 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $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 | $0.11 |
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 |
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 Low Duration 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 Low Duration Bond Portfolio was 13.68%, occurring on Nov 20, 2008. Recovery took 298 trading sessions.
The current BlackRock Low Duration Bond Portfolio drawdown is 0.22%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-13.68% | Mar 5, 2008 | 182 | Nov 20, 2008 | 298 | Jan 29, 2010 | 480 |
-7.55% | Jun 10, 2021 | 345 | Oct 20, 2022 | 299 | Dec 29, 2023 | 644 |
-7.39% | Mar 5, 2020 | 14 | Mar 24, 2020 | 71 | Jul 6, 2020 | 85 |
-4.69% | Sep 9, 1993 | 344 | Jan 3, 1995 | 477 | Oct 31, 1996 | 821 |
-1.73% | May 10, 2013 | 31 | Jun 24, 2013 | 111 | Nov 29, 2013 | 142 |
Volatility
Volatility Chart
The current BlackRock Low Duration Bond Portfolio volatility is 0.47%, 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.