BlackRock Event Driven Equity Fund (BILPX)
Normally, the fund invests at least 80% of its net assets in equity securities and related derivative instruments with similar economic characteristics. It seeks to achieve its investment objective by employing an event driven strategy, primarily investing in companies that have announced a material change or in companies that the advisor expects to undergo a material change. The fund's investment in equity securities may include common stock, preferred stock, securities convertible into common stock, non-convertible preferred stock, and depositary receipts.
Fund Info
| ISIN | US09250J7349 |
|---|---|
| CUSIP | 09250J734 |
| Issuer | Blackrock |
| Inception Date | Dec 18, 2007 |
| Category | Event Driven |
| Min. Investment | $2,000,000 |
| Asset Class | Alternatives |
Expense Ratio
The BlackRock Event Driven Equity Fund has a high expense ratio of 1.16%, indicating higher-than-average management fees.
Share Price Chart
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Popular comparisons: BILPX vs. VTI
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in BlackRock Event Driven Equity Fund, 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 Event Driven Equity Fund had a return of -0.30% year-to-date (YTD) and 4.20% in the last 12 months. Over the past 10 years, BlackRock Event Driven Equity Fund had an annualized return of 4.07%, while the S&P 500 had an annualized return of 10.55%, indicating that BlackRock Event Driven Equity Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -0.30% | 6.33% |
| 1 month | -0.60% | -2.81% |
| 6 months | 4.52% | 21.13% |
| 1 year | 4.20% | 24.56% |
| 5 years (annualized) | 3.40% | 11.55% |
| 10 years (annualized) | 4.07% | 10.55% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.50% | 0.80% | 0.40% | |||||||||
| 2023 | -0.31% | -1.32% | 2.58% | 2.41% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
BlackRock Event Driven Equity Fund(BILPX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for BlackRock Event Driven Equity Fund (BILPX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
BlackRock Event Driven Equity Fund granted a 1.99% dividend yield in the last twelve months. The annual payout for that period amounted to $0.20 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.20 | $0.20 | $0.25 | $0.26 | $0.30 | $0.33 | $0.18 | $0.46 | $0.10 | $5.83 | $0.33 |
Dividend yield | 1.99% | 1.99% | 2.58% | 2.66% | 2.97% | 3.41% | 1.97% | 5.12% | 1.11% | 67.92% | 2.18% |
Monthly Dividends
The table displays the monthly dividend distributions for BlackRock Event Driven Equity 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $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 | $0.20 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.33 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.46 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $5.83 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2014 | $0.33 |
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 Event Driven Equity 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 Event Driven Equity Fund was 47.49%, occurring on Mar 9, 2009. Recovery took 536 trading sessions.
The current BlackRock Event Driven Equity Fund drawdown is 1.19%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -47.49% | Dec 27, 2007 | 300 | Mar 9, 2009 | 536 | Apr 21, 2011 | 836 |
| -25.47% | Jul 8, 2011 | 61 | Oct 3, 2011 | 238 | Sep 13, 2012 | 299 |
| -11.58% | Feb 21, 2020 | 19 | Mar 18, 2020 | 54 | Jun 4, 2020 | 73 |
| -10.99% | Mar 23, 2015 | 206 | Jan 13, 2016 | 324 | Apr 27, 2017 | 530 |
| -9.07% | Sep 19, 2014 | 19 | Oct 15, 2014 | 12 | Oct 31, 2014 | 31 |
Volatility
Volatility Chart
The current BlackRock Event Driven Equity Fund 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.