- ISIN
- US09256H6909
- CUSIP
- 09256H690
- Issuer
- BlackRock
- Inception Date
- Dec 20, 2006
- Category
- Diversified Portfolio
- Min. Investment
- $2,000,000
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
BIAPX Performance Chart
BlackRock 80/20 Target Allocation Fund (BIAPX) is up 12.8% since the beginning of the year. BIAPX is currently trading at $21 per share. Investors who bought $1,000 worth of BIAPX shares 5 years ago would now be looking at an investment worth $1,480.
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Returns By Period
BlackRock 80/20 Target Allocation Fund (BIAPX) has returned 12.78% so far this year and 27.61% over the past 12 months. Over the last ten years, BIAPX has returned 10.63% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.
BlackRock 80/20 Target Allocation Fund
- 1D
- 0.38%
- 1M
- 6.22%
- YTD
- 12.78%
- 6M
- 13.30%
- 1Y
- 27.61%
- 3Y*
- 15.39%
- 5Y*
- 8.16%
- 10Y*
- 10.63%
Benchmark (S&P 500 Index)
- 1D
- -0.74%
- 1M
- 4.90%
- YTD
- 10.35%
- 6M
- 10.28%
- 1Y
- 26.52%
- 3Y*
- 20.83%
- 5Y*
- 12.30%
- 10Y*
- 13.66%
BIAPX Monthly Returns History
Based on dividend-adjusted daily data since Dec 26, 2006, BIAPX's average daily return is +0.04%, while the average monthly return is +0.73%. At this rate, an investment would double in approximately 7.9 years.
Historically, 65% of months were positive and 35% were negative. The best month was Oct 2011 with a return of +11.2%, while the worst month was Oct 2008 at -18.1%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 6 months.
On a daily basis, BIAPX closed higher 51% of trading days. The best single day was Oct 13, 2008 with a return of +11.7%, while the worst single day was Oct 15, 2008 at -9.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.34% | 1.04% | -5.46% | 8.88% | 5.25% | 0.67% | 12.78% | ||||||
| 2025 | 2.74% | -0.35% | -4.07% | 0.36% | 5.25% | 4.19% | 1.05% | 2.29% | 3.41% | 2.11% | -0.15% | 0.46% | 18.33% |
| 2024 | 0.75% | 3.49% | 2.77% | -3.69% | 4.32% | 2.45% | 0.91% | 2.42% | 1.43% | -2.06% | 3.88% | -10.35% | 5.46% |
| 2023 | 6.02% | -2.84% | 1.88% | 2.32% | -0.33% | 4.62% | 2.43% | -1.94% | -4.02% | -2.46% | 8.10% | 4.71% | 19.20% |
| 2022 | -3.94% | -2.26% | 1.81% | -7.25% | 0.66% | -7.37% | 5.47% | -2.70% | -7.55% | 4.57% | 6.45% | -3.96% | -16.15% |
| 2021 | 0.19% | 2.10% | 1.74% | 3.49% | 1.18% | 1.17% | 0.23% | 1.79% | -3.17% | 4.68% | -2.29% | 3.19% | 14.95% |
Benchmark Metrics
BlackRock 80/20 Target Allocation Fund has an annualized alpha of 0.58%, beta of 0.81, and R2 of 0.82 versus S&P 500 Index. Calculated based on daily prices since December 27, 2006.
- This fund participated in 93.39% of S&P 500 Index downside but only 88.44% of its upside - more exposed to losses than it benefited from rallies.
- Alpha
- 0.58%
- Beta
- 0.81
- R²
- 0.82
- Upside Capture
- 88.44%
- Downside Capture
- 93.39%
Expense Ratio
BIAPX has an expense ratio of 0.10%, which is considered low.
Return for Risk
Risk / Return Rank
BIAPX ranks 74 for risk / return — better than 74% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for BlackRock 80/20 Target Allocation Fund (BIAPX) and compare them to S&P 500 Index.
| BIAPX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.31 | ||
| Sortino ratioReturn per unit of downside risk | +0.53 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.41 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 3.27 | 2.93 | +0.34 |
| Martin ratioReturn relative to average drawdown | 15.06 | 13.52 | +1.54 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
BlackRock 80/20 Target Allocation Fund provided a 5.30% dividend yield over the last twelve months, with an annual payout of $1.12 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.12 | $1.12 | $0.00 | $0.68 | $0.32 | $1.03 | $0.32 | $0.33 | $0.69 | $0.40 | $0.19 | $1.47 |
Dividend yield | 5.30% | 5.98% | 0.00% | 4.28% | 2.30% | 6.04% | 2.07% | 2.49% | 6.26% | 3.12% | 1.67% | 13.86% |
Monthly Dividends
The table displays the monthly dividend distributions for BlackRock 80/20 Target Allocation Fund. 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.12 | $1.12 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.68 | $0.68 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.32 | $0.32 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.03 | $1.03 |
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 80/20 Target Allocation Fund. 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 80/20 Target Allocation Fund was 53.40%, occurring on Mar 9, 2009. Recovery took 968 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -53.40%Mar 2009 | 1y 4mo | 3y 10mo | 5y 2moNov 2007 - Jan 2013 |
COVID crash2020 | -27.13%Mar 2020 | 29d | 4mo 16d | 5mo 15dFeb 2020 - Aug 2020 |
Bear market2022 | -23.29%Oct 2022 | 11mo 9d | 1y 2mo | 2y 1moNov 2021 - Dec 2023 |
2025 selloff2025 | -20.90%Apr 2025 | 4mo | 5mo 3d | 9mo 3dDec 2024 - Sep 2025 |
2016 correction2016 | -16.76%Feb 2016 | 8mo 25d | 10mo 28d | 1y 7moMay 2015 - Jan 2017 |
Drawdown Indicators
| BIAPX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.40% | -56.78% | +3.38% |
Max Drawdown (1Y)Largest decline over 1 year | -8.64% | -9.10% | +0.46% |
Max Drawdown (3Y)Largest decline over 3 years | -20.90% | -18.90% | -2.00% |
Max Drawdown (5Y)Largest decline over 5 years | -23.29% | -25.43% | +2.14% |
Max Drawdown (10Y)Largest decline over 10 years | -27.13% | -33.92% | +6.79% |
Current DrawdownCurrent decline from peak | 0.00% | -0.74% | +0.74% |
Average DrawdownAverage peak-to-trough decline | -7.99% | -10.72% | +2.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.87% | 1.97% | -0.10% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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