BlackRock Real Estate Securities Fund (BIREX)
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.
Compare to other instruments
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.
| Period | Return | Benchmark |
|---|---|---|
| 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
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 10.26% | -5.84% | ||||||||||
| 2022 | -11.86% | 2.60% | 5.34% | -4.18% |
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.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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.
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, 2020 | 21 | Mar 23, 2020 | 246 | Mar 15, 2021 | 267 |
| -33.2% | Jan 3, 2022 | 198 | Oct 14, 2022 | — | — | — |
| -17.41% | May 22, 2013 | 62 | Aug 19, 2013 | 176 | May 1, 2014 | 238 |
| -17.09% | Jan 27, 2015 | 264 | Feb 11, 2016 | 57 | May 4, 2016 | 321 |
| -14.6% | Aug 2, 2016 | 67 | Nov 3, 2016 | 418 | Jul 5, 2018 | 485 |
| -13.46% | Dec 7, 2018 | 12 | Dec 24, 2018 | 25 | Jan 31, 2019 | 37 |
| -8.03% | Aug 30, 2018 | 31 | Oct 12, 2018 | 35 | Dec 3, 2018 | 66 |
| -7.47% | Sep 8, 2014 | 14 | Sep 25, 2014 | 22 | Oct 27, 2014 | 36 |
| -6.84% | Sep 7, 2021 | 18 | Sep 30, 2021 | 18 | Oct 26, 2021 | 36 |
| -6.25% | May 11, 2016 | 7 | May 19, 2016 | 27 | Jun 28, 2016 | 34 |
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.