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

Fund Info

ISIN

US09260B6305

CUSIP

09260B630

Issuer

Blackrock

Inception Date

Nov 19, 1998

Min. Investment

$2,000,000

Asset Class

Bond

Expense Ratio

BHYIX has an expense ratio of 0.59%, placing it in the medium range.


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.


Performance

Performance Chart


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Returns By Period

BlackRock High Yield Bond Portfolio Institutional Shares (BHYIX) returned 2.29% year-to-date (YTD) and 8.13% over the past 12 months. Over the past 10 years, BHYIX returned 4.80% annually, underperforming the S&P 500 benchmark at 10.87%.


BHYIX

YTD

2.29%

1M

3.19%

6M

2.63%

1Y

8.13%

5Y*

6.97%

10Y*

4.80%

^GSPC (Benchmark)

YTD

1.30%

1M

12.94%

6M

1.49%

1Y

12.48%

5Y*

15.82%

10Y*

10.87%

*Annualized

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
20251.41%0.53%-1.09%0.14%1.28%2.29%
20240.29%0.43%0.71%-0.06%1.05%1.02%1.74%1.58%1.27%-0.54%1.26%-0.77%8.24%
20234.16%-1.54%1.33%0.99%-1.02%1.79%1.35%0.31%-1.04%-1.19%4.40%3.56%13.65%
2022-2.55%-0.95%-0.50%-3.49%-0.10%-6.74%6.25%-2.39%-3.93%2.70%2.04%-0.64%-10.40%
20210.00%0.65%0.29%1.17%0.41%1.56%0.28%0.52%-0.00%-0.11%-1.02%1.69%5.54%
2020-0.08%-1.51%-12.05%4.74%4.11%0.62%5.06%0.83%-1.03%0.57%3.92%1.75%5.87%
20194.58%1.66%0.91%1.55%-1.35%2.49%0.75%0.73%0.44%0.33%0.46%1.79%15.19%
20180.86%-0.98%-0.58%0.72%0.21%0.09%1.29%0.48%0.49%-1.97%-0.96%-2.57%-2.95%
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%3.27%0.49%0.24%2.54%2.09%0.62%0.10%0.23%1.55%13.56%
20150.16%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%-3.55%1.57%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 93, BHYIX is among the top 7% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of BHYIX is 9393
Overall Rank
The Sharpe Ratio Rank of BHYIX is 9393
Sharpe Ratio Rank
The Sortino Ratio Rank of BHYIX is 9292
Sortino Ratio Rank
The Omega Ratio Rank of BHYIX is 9393
Omega Ratio Rank
The Calmar Ratio Rank of BHYIX is 9393
Calmar Ratio Rank
The Martin Ratio Rank of BHYIX is 9393
Martin 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.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

BlackRock High Yield Bond Portfolio Institutional Shares Sharpe ratios as of May 17, 2025 (values are recalculated daily):

  • 1-Year: 1.99
  • 5-Year: 1.25
  • 10-Year: 0.78
  • All Time: 1.14

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of BlackRock High Yield Bond Portfolio Institutional Shares compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


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Dividends

Dividend History

BlackRock High Yield Bond Portfolio Institutional Shares provided a 7.36% dividend yield over the last twelve months, with an annual payout of $0.52 per share. The fund has been increasing its distributions for 2 consecutive years.


5.00%5.50%6.00%6.50%7.00%7.50%$0.00$0.10$0.20$0.30$0.40$0.5020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$0.52$0.53$0.47$0.36$0.40$0.40$0.43$0.45$0.44$0.43$0.41$0.47

Dividend yield

7.36%7.44%6.62%5.36%5.12%5.12%5.58%6.31%5.63%5.60%5.69%5.93%

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
2025$0.04$0.04$0.04$0.04$0.00$0.16
2024$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.07$0.53
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

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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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 0.14%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-34.81%Jun 4, 2007388Dec 16, 2008198Sep 30, 2009586
-23.23%Feb 21, 202022Mar 23, 2020140Oct 9, 2020162
-14.75%Nov 10, 2021223Sep 29, 2022304Dec 14, 2023527
-13.34%Sep 2, 2014365Feb 11, 2016128Aug 15, 2016493
-11.99%Sep 8, 200062Dec 5, 2000324Mar 28, 2002386

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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