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BlackRock High Yield Bond Portfolio Institutional ...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISINUS09260B6305
CUSIP09260B630
IssuerBlackrock
Inception DateNov 19, 1998
CategoryHigh Yield Bonds
Min. Investment$2,000,000
Home Pagewww.blackrock.com
Asset ClassBond

Expense Ratio

BHYIX has a high expense ratio of 0.59%, indicating higher-than-average management fees.


Expense ratio chart for BHYIX: current value at 0.59% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.59%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


BlackRock High Yield Bond Portfolio Institutional Shares

Popular comparisons: BHYIX vs. BAGIX, BHYIX vs. HYGH, BHYIX vs. IFX.DE, BHYIX vs. DB1.DE, BHYIX vs. VWEHX, BHYIX vs. HYG, BHYIX vs. FTBFX, BHYIX vs. CNDX.L, BHYIX vs. BRK-B, BHYIX vs. BND

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in BlackRock High Yield Bond Portfolio Institutional Shares, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


320.00%340.00%360.00%380.00%2024FebruaryMarchAprilMayJune
384.03%
378.85%
BHYIX (BlackRock High Yield Bond Portfolio Institutional Shares)
Benchmark (^GSPC)

S&P 500

Returns By Period

BlackRock High Yield Bond Portfolio Institutional Shares had a return of 2.87% year-to-date (YTD) and 12.01% in the last 12 months. Over the past 10 years, BlackRock High Yield Bond Portfolio Institutional Shares had an annualized return of 3.98%, while the S&P 500 had an annualized return of 10.85%, indicating that BlackRock High Yield Bond Portfolio Institutional Shares did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date2.87%14.57%
1 month0.91%3.01%
6 months3.65%14.93%
1 year12.01%25.67%
5 years (annualized)4.23%13.42%
10 years (annualized)3.98%10.85%

Monthly Returns

The table below presents the monthly returns of BHYIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.29%0.43%0.71%-0.07%1.05%2.87%
20234.16%-1.54%1.32%0.99%-1.03%1.79%1.35%0.31%-1.05%-1.20%4.41%3.55%13.58%
2022-2.55%-0.95%-0.51%-3.48%-0.11%-6.73%6.25%-2.39%-3.91%2.70%2.04%-1.16%-10.85%
20210.00%0.64%0.29%1.17%0.42%1.55%0.28%0.52%0.00%-0.12%-1.02%2.09%5.94%
2020-0.07%-1.53%-12.06%4.74%4.11%0.61%5.06%0.83%-1.04%0.56%3.92%1.78%5.87%
20194.59%1.66%0.91%1.55%-1.35%2.49%0.74%0.74%0.45%0.33%0.46%1.79%15.21%
20180.86%-0.99%-0.58%0.72%0.21%0.07%1.29%0.49%0.49%-1.96%-0.96%-2.44%-2.83%
20171.30%1.50%-0.02%1.01%0.75%0.08%1.51%-0.18%1.09%0.46%-0.07%0.35%8.03%
2016-1.34%0.45%2.65%3.28%0.49%0.24%2.54%2.09%0.62%0.11%0.23%1.55%13.56%
20150.17%2.42%-0.57%1.31%0.44%-1.43%0.09%-1.45%-2.95%2.60%-1.82%-3.32%-4.62%
20140.77%2.18%0.15%0.31%1.17%1.05%-1.20%1.93%-2.17%0.98%0.10%-3.56%1.56%
20131.36%0.59%1.26%1.75%-0.54%-2.62%2.42%-0.33%1.61%2.09%0.84%-0.70%7.90%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of BHYIX is 91, placing it in the top 9% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of BHYIX is 9191
BHYIX (BlackRock High Yield Bond Portfolio Institutional Shares)
The Sharpe Ratio Rank of BHYIX is 9393Sharpe Ratio Rank
The Sortino Ratio Rank of BHYIX is 9494Sortino Ratio Rank
The Omega Ratio Rank of BHYIX is 9494Omega Ratio Rank
The Calmar Ratio Rank of BHYIX is 8383Calmar Ratio Rank
The Martin Ratio Rank of BHYIX is 9292Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for BlackRock High Yield Bond Portfolio Institutional Shares (BHYIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


BHYIX
Sharpe ratio
The chart of Sharpe ratio for BHYIX, currently valued at 2.57, compared to the broader market-1.000.001.002.003.004.002.57
Sortino ratio
The chart of Sortino ratio for BHYIX, currently valued at 4.36, compared to the broader market-2.000.002.004.006.008.0010.0012.004.36
Omega ratio
The chart of Omega ratio for BHYIX, currently valued at 1.58, compared to the broader market1.002.003.001.58
Calmar ratio
The chart of Calmar ratio for BHYIX, currently valued at 1.62, compared to the broader market0.005.0010.0015.001.62
Martin ratio
The chart of Martin ratio for BHYIX, currently valued at 12.60, compared to the broader market0.0020.0040.0060.0080.0012.60
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.24, compared to the broader market-1.000.001.002.003.004.002.24
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.16, compared to the broader market-2.000.002.004.006.008.0010.0012.003.16
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.39, compared to the broader market1.002.003.001.39
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.78, compared to the broader market0.005.0010.0015.001.78
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 8.36, compared to the broader market0.0020.0040.0060.0080.008.36

Sharpe Ratio

The current BlackRock High Yield Bond Portfolio Institutional Shares Sharpe ratio is 2.57. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of BlackRock High Yield Bond Portfolio Institutional Shares with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio1.502.002.503.002024FebruaryMarchAprilMayJune
2.57
2.24
BHYIX (BlackRock High Yield Bond Portfolio Institutional Shares)
Benchmark (^GSPC)

Dividends

Dividend History

BlackRock High Yield Bond Portfolio Institutional Shares granted a 6.96% dividend yield in the last twelve months. The annual payout for that period amounted to $0.49 per share.


PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.49$0.47$0.36$0.40$0.40$0.43$0.45$0.44$0.43$0.41$0.47$0.50

Dividend yield

6.96%6.62%5.36%5.12%5.12%5.58%6.31%5.63%5.60%5.69%5.93%6.10%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.04$0.04$0.04$0.04$0.04$0.00$0.21
2023$0.04$0.03$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.47
2022$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.00$0.36
2021$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.06$0.40
2020$0.03$0.03$0.04$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.04$0.40
2019$0.04$0.03$0.04$0.04$0.04$0.04$0.04$0.04$0.03$0.04$0.04$0.04$0.43
2018$0.04$0.03$0.04$0.03$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.05$0.45
2017$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.03$0.04$0.44
2016$0.03$0.03$0.04$0.03$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.43
2015$0.03$0.03$0.03$0.03$0.04$0.04$0.04$0.04$0.03$0.03$0.03$0.03$0.41
2014$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.47
2013$0.04$0.04$0.04$0.04$0.05$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.50

Drawdowns

Drawdowns Chart

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


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%2024FebruaryMarchAprilMayJune
-0.28%
-0.41%
BHYIX (BlackRock High Yield Bond Portfolio Institutional Shares)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the BlackRock High Yield Bond Portfolio Institutional Shares. 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 High Yield Bond Portfolio Institutional Shares was 34.81%, occurring on Dec 16, 2008. Recovery took 198 trading sessions.

The current BlackRock High Yield Bond Portfolio Institutional Shares drawdown is 0.28%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-34.81%Jun 4, 2007388Dec 16, 2008198Sep 30, 2009586
-23.24%Feb 21, 202022Mar 23, 2020140Oct 9, 2020162
-14.66%Jan 3, 2022187Sep 29, 2022304Dec 14, 2023491
-13.34%Sep 2, 2014365Feb 11, 2016128Aug 15, 2016493
-11.98%Sep 8, 200062Dec 5, 2000324Mar 28, 2002386

Volatility

Volatility Chart

The current BlackRock High Yield Bond Portfolio Institutional Shares volatility is 1.12%, 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.


1.00%2.00%3.00%4.00%2024FebruaryMarchAprilMayJune
1.12%
2.38%
BHYIX (BlackRock High Yield Bond Portfolio Institutional Shares)
Benchmark (^GSPC)