BlackRock 20/80 Target Allocation Fund (BICPX)
The investment seeks a balance between long term capital appreciation and high current income, with an emphasis on income. The fund, which is a fund of funds, normally obtains exposure to equity securities (and certain other instruments) in an amount equal to 20% of its assets and exposure to fixed-income securities in an amount equal to 80% of its assets. Normally, the advisor intends to invest primarily in affiliated open-end funds and affiliated ETFs. The fund may, when consistent with its investment objective, buy or sell options or futures, or enter into total return swaps and foreign currency transactions (collectively, commonly known as derivatives).
Fund Info
US09256H7659
09256H765
Dec 20, 2006
$2,000,000
Large-Cap
Blend
Expense Ratio
BICPX has an expense ratio of 0.11%, which is considered low.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
BlackRock 20/80 Target Allocation Fund (BICPX) returned 1.91% year-to-date (YTD) and 6.66% over the past 12 months. Over the past 10 years, BICPX returned 2.19% annually, underperforming the S&P 500 benchmark at 10.78%.
BICPX
1.91%
2.57%
1.38%
6.66%
2.20%
2.19%
^GSPC (Benchmark)
0.19%
9.00%
-1.55%
12.31%
15.59%
10.78%
Monthly Returns
The table below presents the monthly returns of BICPX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.28% | 1.44% | -1.24% | 0.00% | 0.45% | 1.91% | |||||||
| 2024 | 0.28% | 0.09% | 1.48% | -2.82% | 2.53% | 1.37% | 1.98% | 1.68% | 1.39% | -2.05% | 1.66% | -1.56% | 6.01% |
| 2023 | 4.09% | -2.52% | 1.73% | 1.32% | -0.93% | 1.03% | 0.56% | -1.11% | -2.90% | -1.92% | 5.59% | 3.90% | 8.75% |
| 2022 | -2.97% | -1.40% | -1.09% | -4.75% | 0.18% | -3.73% | 3.32% | -2.50% | -5.13% | 0.10% | 4.34% | -1.65% | -14.67% |
| 2021 | -0.24% | 0.08% | 0.00% | 1.36% | 0.63% | 1.02% | 0.47% | 0.54% | -1.23% | 1.40% | -0.77% | -1.39% | 1.84% |
| 2020 | 1.19% | -0.75% | -4.98% | 3.55% | 2.32% | 1.26% | 2.65% | 1.05% | -0.72% | -0.16% | 3.62% | -1.38% | 7.56% |
| 2019 | 2.70% | 0.91% | 1.53% | 0.88% | -0.09% | 2.28% | 0.43% | 1.11% | 0.17% | 0.59% | 0.50% | 0.88% | 12.52% |
| 2018 | 0.87% | -1.80% | -0.00% | -0.53% | 0.70% | -0.26% | 0.88% | 0.87% | -0.09% | -2.24% | 0.26% | -2.23% | -3.58% |
| 2017 | 0.73% | 1.44% | 0.09% | 0.71% | 0.88% | 0.09% | 0.96% | 0.78% | 0.17% | 0.77% | 0.43% | 0.62% | 7.94% |
| 2016 | -0.64% | -0.09% | 1.76% | 0.55% | 0.18% | 0.91% | 1.26% | 0.09% | 0.18% | -0.88% | -0.98% | 0.85% | 3.17% |
| 2015 | 0.26% | 2.71% | -0.09% | 0.26% | 0.60% | -1.27% | 0.69% | -1.53% | -0.69% | 1.57% | -0.26% | -4.98% | -2.90% |
| 2014 | -0.52% | 2.33% | -0.08% | 0.34% | 1.43% | 0.91% | -0.66% | 1.66% | -1.06% | 0.41% | 1.97% | -5.35% | 1.15% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 83, BICPX is among the top 17% 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.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for BlackRock 20/80 Target Allocation Fund (BICPX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
BlackRock 20/80 Target Allocation Fund provided a 4.29% dividend yield over the last twelve months, with an annual payout of $0.48 per share. The fund has been increasing its distributions for 4 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.48 | $0.48 | $0.38 | $0.36 | $0.27 | $0.20 | $0.29 | $0.40 | $0.31 | $0.20 | $0.23 | $0.40 |
Dividend yield | 4.29% | 4.38% | 3.51% | 3.54% | 2.14% | 1.58% | 2.42% | 3.73% | 2.71% | 1.86% | 2.12% | 3.48% |
Monthly Dividends
The table displays the monthly dividend distributions for BlackRock 20/80 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.48 | $0.48 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.38 | $0.38 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.36 | $0.36 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.27 | $0.27 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $0.20 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.29 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.40 | $0.40 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.31 | $0.31 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $0.20 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.23 | $0.23 |
| 2014 | $0.40 | $0.40 |
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 20/80 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 20/80 Target Allocation Fund was 32.52%, occurring on Mar 9, 2009. Recovery took 398 trading sessions.
The current BlackRock 20/80 Target Allocation Fund drawdown is 3.01%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -32.52% | Mar 28, 2008 | 238 | Mar 9, 2009 | 398 | Oct 5, 2010 | 636 |
| -21.11% | Nov 10, 2021 | 238 | Oct 20, 2022 | — | — | — |
| -11.42% | Feb 21, 2020 | 21 | Mar 20, 2020 | 53 | Jun 5, 2020 | 74 |
| -10.15% | Dec 29, 2014 | 283 | Feb 11, 2016 | 396 | Sep 7, 2017 | 679 |
| -9.05% | May 2, 2011 | 108 | Oct 3, 2011 | 88 | Feb 8, 2012 | 196 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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