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.
Fund Info
| ISIN | US0919365835 |
|---|---|
| CUSIP | 091936583 |
| Issuer | Blackrock |
| Inception Date | Sep 28, 2012 |
| Category | REIT |
| Min. Investment | $2,000,000 |
| Asset Class | Real Estate |
Expense Ratio
The BlackRock Real Estate Securities Fund has a high expense ratio of 0.75%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: BIREX vs. VOO, BIREX vs. VGSLX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in BlackRock Real Estate Securities 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 Real Estate Securities Fund had a return of -7.99% year-to-date (YTD) and 2.82% in the last 12 months. Over the past 10 years, BlackRock Real Estate Securities Fund had an annualized return of 6.34%, while the S&P 500 had an annualized return of 10.55%, indicating that BlackRock Real Estate Securities Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -7.99% | 6.30% |
| 1 month | -4.21% | -3.13% |
| 6 months | 13.40% | 19.37% |
| 1 year | 2.82% | 22.56% |
| 5 years (annualized) | 3.25% | 11.65% |
| 10 years (annualized) | 6.34% | 10.55% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -4.76% | 1.29% | 1.90% | |||||||||
| 2023 | -6.72% | -3.18% | 12.10% | 8.95% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
BlackRock Real Estate Securities Fund(BIREX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for BlackRock Real Estate Securities Fund (BIREX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
BlackRock Real Estate Securities Fund granted a 3.08% dividend yield in the last twelve months. The annual payout for that period amounted to $0.41 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.41 | $0.42 | $0.71 | $0.31 | $0.36 | $0.28 | $0.35 | $1.20 | $0.90 | $0.84 | $0.28 | $0.42 |
Dividend yield | 3.08% | 2.87% | 5.34% | 1.63% | 2.72% | 1.93% | 3.07% | 9.88% | 7.18% | 6.75% | 2.15% | 4.21% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | |||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.08 | $0.00 | $0.13 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.09 | $0.00 | $0.26 |
| 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 | $0.07 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.08 | $0.00 | $0.25 |
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 Real Estate Securities 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 Real Estate Securities Fund was 41.92%, occurring on Mar 23, 2020. Recovery took 246 trading sessions.
The current BlackRock Real Estate Securities Fund drawdown is 23.59%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -41.92% | Feb 24, 2020 | 21 | Mar 23, 2020 | 246 | Mar 15, 2021 | 267 |
| -34.13% | Jan 3, 2022 | 456 | Oct 25, 2023 | — | — | — |
| -17.42% | 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 |
Volatility
Volatility Chart
The current BlackRock Real Estate Securities Fund volatility is 6.42%, 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.