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BlackRock Allocation Target Shares Series M Portfolio (BRAMX)

Mutual Fund · Currency in USD · Last updated Mar 22, 2023

The fund will principally invest in the following securities: commercial and residential mortgage-backed securities; asset-backed securities; collateralized mortgage obligations; U.S. Treasury and agency securities; cash equivalent investments; when-issued and delayed delivery securities; derivatives; and dollar rolls.

Share Price Chart


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Performance

The chart shows the growth of $10,000 invested in BlackRock Allocation Target Shares Series M Portfolio in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $14,303 for a total return of roughly 43.03%. All prices are adjusted for splits and dividends.


50.00%100.00%150.00%200.00%250.00%NovemberDecember2023FebruaryMarch
43.03%
238.19%
BRAMX (BlackRock Allocation Target Shares Series M Portfolio)
Benchmark (^GSPC)

S&P 500

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Return

BlackRock Allocation Target Shares Series M Portfolio had a return of 1.64% year-to-date (YTD) and -6.45% in the last 12 months. Over the past 10 years, BlackRock Allocation Target Shares Series M Portfolio had an annualized return of 0.99%, while the S&P 500 had an annualized return of 9.92%, indicating that BlackRock Allocation Target Shares Series M Portfolio did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month0.39%-1.87%
Year-To-Date1.64%4.25%
6 months1.08%2.64%
1 year-6.45%-10.31%
5 years (annualized)0.58%8.11%
10 years (annualized)0.99%9.92%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20233.30%-2.43%
2022-4.83%-1.54%4.02%-0.68%

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 Allocation Target Shares Series M Portfolio Sharpe ratio is -0.75. 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.


-2.50-2.00-1.50-1.00-0.50NovemberDecember2023FebruaryMarch
-0.75
-0.44
BRAMX (BlackRock Allocation Target Shares Series M Portfolio)
Benchmark (^GSPC)

Dividend History

BlackRock Allocation Target Shares Series M Portfolio granted a 3.46% dividend yield in the last twelve months. The annual payout for that period amounted to $0.29 per share.


PeriodTTM2022202120202019201820172016201520142013
Dividend$0.29$0.23$0.21$0.31$0.34$0.30$0.31$0.30$0.33$0.15$0.01

Dividend yield

3.46%2.80%2.21%3.33%3.79%3.56%3.76%3.70%4.22%1.93%0.15%

Monthly Dividends

The table displays the monthly dividend distributions for BlackRock Allocation Target Shares Series M Portfolio. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.02$0.02
2022$0.02$0.02$0.02$0.01$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02
2021$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.01$0.01$0.01
2020$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.02$0.02
2019$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.02$0.02$0.03
2018$0.03$0.02$0.00$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03
2017$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03
2016$0.03$0.03$0.03$0.03$0.03$0.02$0.02$0.02$0.02$0.03$0.03$0.02
2015$0.03$0.03$0.02$0.02$0.02$0.02$0.02$0.02$0.03$0.03$0.03$0.07
2014$0.00$0.00$0.00$0.00$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.03
2013$0.01$0.00$0.00$0.00$0.00$0.00

Drawdowns Chart

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


-25.00%-20.00%-15.00%-10.00%NovemberDecember2023FebruaryMarch
-11.35%
-16.55%
BRAMX (BlackRock Allocation Target Shares Series M Portfolio)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the BlackRock Allocation Target Shares Series M Portfolio. 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 Allocation Target Shares Series M Portfolio is 23.93%, recorded on Nov 20, 2008. It took 212 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-23.93%May 21, 2008128Nov 20, 2008212Sep 25, 2009340
-17.07%Aug 3, 2021308Oct 20, 2022
-15.38%Sep 27, 2012235Sep 5, 20131341Jan 3, 20191576
-7.02%Sep 1, 2010111Feb 8, 2011121Aug 2, 2011232
-5.52%Jan 16, 200835Mar 6, 200851May 19, 200886
-3.74%Mar 9, 20209Mar 19, 202027Apr 28, 202036
-3.59%Sep 23, 201125Oct 27, 201164Jan 31, 201289
-2.33%May 1, 200730Jun 12, 200735Aug 2, 200765
-2.27%Dec 1, 200919Dec 28, 200927Feb 5, 201046
-1.91%Dec 4, 200716Dec 26, 20073Dec 31, 200719

Volatility Chart

Current BlackRock Allocation Target Shares Series M Portfolio volatility is 11.24%. 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.


0.00%10.00%20.00%30.00%40.00%NovemberDecember2023FebruaryMarch
11.24%
22.09%
BRAMX (BlackRock Allocation Target Shares Series M Portfolio)
Benchmark (^GSPC)