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BlackRock Real Estate Securities Fund (BIREX)

Mutual Fund · Currency in USD · Last updated Mar 21, 2023

The fund normally invests at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) in a portfolio of equity investments in issuers that are primarily engaged in or related to the real estate industry inside the United States. It may invest up to 20% of its net assets plus any borrowings for investment purposes in a portfolio of equity investments in issuers that are primarily engaged in or related to the real estate industry outside the United States and fixed-income investments.

Share Price Chart


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Performance

The chart shows the growth of $10,000 invested in BlackRock Real Estate Securities Fund in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $20,834 for a total return of roughly 108.34%. All prices are adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%15.00%NovemberDecember2023FebruaryMarch
0.88%
7.43%
BIREX (BlackRock Real Estate Securities Fund)
Benchmark (^GSPC)

S&P 500

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Return

BlackRock Real Estate Securities Fund had a return of -0.97% year-to-date (YTD) and -21.36% in the last 12 months. Over the past 10 years, BlackRock Real Estate Securities Fund had an annualized return of 6.88%, while the S&P 500 had an annualized return of 9.86%, indicating that BlackRock Real Estate Securities Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month-8.32%-3.13%
Year-To-Date-0.97%2.92%
6 months-7.45%2.02%
1 year-21.36%-11.46%
5 years (annualized)6.68%7.79%
10 years (annualized)6.88%9.86%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
202310.26%-5.84%
2022-11.86%2.60%5.34%-4.18%

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current BlackRock Real Estate Securities Fund Sharpe ratio is -0.84. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-1.20-1.00-0.80-0.60-0.40-0.20NovemberDecember2023FebruaryMarch
-0.84
-0.45
BIREX (BlackRock Real Estate Securities Fund)
Benchmark (^GSPC)

Dividend History

BlackRock Real Estate Securities Fund granted a 4.41% dividend yield in the last twelve months. The annual payout for that period amounted to $0.58 per share.


PeriodTTM20222021202020192018201720162015201420132012
Dividend$0.58$0.58$0.31$0.36$0.28$0.35$1.20$0.90$0.84$0.28$0.42$0.05

Dividend yield

4.41%4.36%1.71%2.91%2.13%3.46%11.45%9.15%9.22%3.15%6.29%0.74%

Monthly Dividends

The table displays the monthly dividend distributions for BlackRock Real Estate Securities Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.00$0.00
2022$0.00$0.00$0.00$0.07$0.00$0.00$0.30$0.00$0.00$0.09$0.00$0.13
2021$0.00$0.00$0.00$0.07$0.00$0.00$0.07$0.00$0.00$0.09$0.00$0.08
2020$0.00$0.00$0.00$0.05$0.00$0.00$0.15$0.00$0.00$0.08$0.00$0.09
2019$0.00$0.00$0.00$0.05$0.00$0.00$0.06$0.00$0.00$0.06$0.00$0.10
2018$0.00$0.00$0.00$0.10$0.00$0.00$0.10$0.00$0.00$0.08$0.00$0.07
2017$0.00$0.00$0.00$0.05$0.00$0.00$0.06$0.00$0.00$0.06$0.00$1.03
2016$0.00$0.00$0.00$0.04$0.00$0.00$0.06$0.00$0.00$0.05$0.00$0.74
2015$0.00$0.00$0.00$0.05$0.00$0.00$0.38$0.00$0.00$0.04$0.00$0.37
2014$0.00$0.00$0.00$0.03$0.00$0.00$0.04$0.00$0.00$0.04$0.00$0.17
2013$0.00$0.00$0.00$0.07$0.00$0.00$0.03$0.00$0.00$0.08$0.00$0.25
2012$0.05

Drawdowns Chart

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


-30.00%-25.00%-20.00%-15.00%NovemberDecember2023FebruaryMarch
-27.59%
-17.62%
BIREX (BlackRock Real Estate Securities Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the BlackRock Real Estate Securities Fund. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the BlackRock Real Estate Securities Fund is 41.92%, recorded on Mar 23, 2020. It took 246 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-41.92%Feb 24, 202021Mar 23, 2020246Mar 15, 2021267
-33.2%Jan 3, 2022198Oct 14, 2022
-17.41%May 22, 201362Aug 19, 2013176May 1, 2014238
-17.09%Jan 27, 2015264Feb 11, 201657May 4, 2016321
-14.6%Aug 2, 201667Nov 3, 2016418Jul 5, 2018485
-13.46%Dec 7, 201812Dec 24, 201825Jan 31, 201937
-8.03%Aug 30, 201831Oct 12, 201835Dec 3, 201866
-7.47%Sep 8, 201414Sep 25, 201422Oct 27, 201436
-6.84%Sep 7, 202118Sep 30, 202118Oct 26, 202136
-6.25%May 11, 20167May 19, 201627Jun 28, 201634

Volatility Chart

Current BlackRock Real Estate Securities Fund volatility is 27.82%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


10.00%15.00%20.00%25.00%30.00%35.00%40.00%45.00%NovemberDecember2023FebruaryMarch
27.82%
20.82%
BIREX (BlackRock Real Estate Securities Fund)
Benchmark (^GSPC)