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BlackRock Strategic Income Opportunities Fund Clas...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISINUS09256H2866
CUSIP09256H286
IssuerBlackrock
Inception DateFeb 5, 2008
CategoryTotal Bond Market
Home Pagewww.blackrock.com
Asset ClassBond

Expense Ratio

BSIIX features an expense ratio of 0.69%, falling within the medium range.


Expense ratio chart for BSIIX: current value at 0.69% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.69%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


BlackRock Strategic Income Opportunities Fund Class I

Popular comparisons: BSIIX vs. VTEB, BSIIX vs. IUS, BSIIX vs. ACSNX, BSIIX vs. VOO, BSIIX vs. SWPPX, BSIIX vs. BND, BSIIX vs. DODIX, BSIIX vs. WOBDX, BSIIX vs. FDVV, BSIIX vs. VTIP

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in BlackRock Strategic Income Opportunities Fund Class I, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%AprilMayJuneJulyAugustSeptember
4.77%
6.19%
BSIIX (BlackRock Strategic Income Opportunities Fund Class I)
Benchmark (^GSPC)

S&P 500

Returns By Period

BlackRock Strategic Income Opportunities Fund Class I had a return of 5.30% year-to-date (YTD) and 10.56% in the last 12 months. Over the past 10 years, BlackRock Strategic Income Opportunities Fund Class I had an annualized return of 3.01%, while the S&P 500 had an annualized return of 10.74%, indicating that BlackRock Strategic Income Opportunities Fund Class I did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date5.30%15.21%
1 month1.59%2.83%
6 months4.77%6.19%
1 year10.56%22.46%
5 years (annualized)3.27%12.84%
10 years (annualized)3.01%10.74%

Monthly Returns

The table below presents the monthly returns of BSIIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.26%-0.39%0.64%-1.03%1.30%0.84%1.89%1.07%5.30%
20232.21%-1.18%0.62%0.38%-0.26%0.28%0.94%-0.35%-1.31%0.11%2.73%2.99%7.29%
2022-1.02%-1.05%-0.81%-0.50%-0.26%-1.93%1.56%-0.82%-2.49%-0.16%1.67%0.12%-5.61%
20210.01%0.48%-0.19%0.46%0.29%0.20%0.02%0.31%-0.39%-0.12%-0.44%0.35%0.98%
20200.73%0.10%-6.56%2.48%2.29%1.41%1.95%0.76%0.06%0.06%2.74%1.27%7.18%
20191.30%0.25%0.80%0.82%0.11%1.65%0.40%0.39%0.07%0.48%-0.03%0.99%7.47%
20181.38%-0.54%-0.40%-0.32%-0.23%-0.24%0.27%0.06%0.04%-0.35%-0.25%0.17%-0.44%
20170.62%0.75%0.08%0.19%0.60%0.21%0.63%0.40%0.47%0.33%-0.05%0.57%4.92%
2016-0.60%-0.54%0.59%0.84%-0.05%0.57%1.00%0.30%0.34%0.17%0.20%0.77%3.63%
20150.85%0.55%0.16%-0.09%-0.08%-0.61%0.09%-0.42%-0.65%0.58%-0.11%-0.57%-0.30%
20140.17%0.99%0.51%0.53%0.62%0.50%0.23%0.10%-0.42%-0.02%0.60%0.05%3.91%
20130.83%0.23%0.05%1.29%0.01%-1.92%0.40%-0.43%0.88%0.89%0.48%0.56%3.29%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of BSIIX is 91, placing it in the top 9% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of BSIIX is 9191
BSIIX (BlackRock Strategic Income Opportunities Fund Class I)
The Sharpe Ratio Rank of BSIIX is 9393Sharpe Ratio Rank
The Sortino Ratio Rank of BSIIX is 9292Sortino Ratio Rank
The Omega Ratio Rank of BSIIX is 9090Omega Ratio Rank
The Calmar Ratio Rank of BSIIX is 8686Calmar Ratio Rank
The Martin Ratio Rank of BSIIX is 9292Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for BlackRock Strategic Income Opportunities Fund Class I (BSIIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


BSIIX
Sharpe ratio
The chart of Sharpe ratio for BSIIX, currently valued at 2.99, compared to the broader market-1.000.001.002.003.004.005.002.99
Sortino ratio
The chart of Sortino ratio for BSIIX, currently valued at 4.72, compared to the broader market0.005.0010.004.72
Omega ratio
The chart of Omega ratio for BSIIX, currently valued at 1.61, compared to the broader market1.002.003.004.001.61
Calmar ratio
The chart of Calmar ratio for BSIIX, currently valued at 1.84, compared to the broader market0.005.0010.0015.0020.001.84
Martin ratio
The chart of Martin ratio for BSIIX, currently valued at 15.69, compared to the broader market0.0020.0040.0060.0080.0015.69
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 1.83, compared to the broader market-1.000.001.002.003.004.005.001.83
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.49, compared to the broader market0.005.0010.002.49
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.33, compared to the broader market1.002.003.004.001.33
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.64, compared to the broader market0.005.0010.0015.0020.001.64
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 8.72, compared to the broader market0.0020.0040.0060.0080.008.72

Sharpe Ratio

The current BlackRock Strategic Income Opportunities Fund Class I Sharpe ratio is 2.99. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of BlackRock Strategic Income Opportunities Fund Class I with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00AprilMayJuneJulyAugustSeptember
2.99
1.83
BSIIX (BlackRock Strategic Income Opportunities Fund Class I)
Benchmark (^GSPC)

Dividends

Dividend History

BlackRock Strategic Income Opportunities Fund Class I granted a 4.54% dividend yield in the last twelve months. The annual payout for that period amounted to $0.44 per share.


PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.44$0.42$0.38$0.32$0.30$0.34$0.32$0.35$0.29$0.31$0.44$0.27

Dividend yield

4.54%4.44%4.16%3.16%2.89%3.38%3.30%3.47%2.92%3.19%4.39%2.63%

Monthly Dividends

The table displays the monthly dividend distributions for BlackRock Strategic Income Opportunities Fund Class I. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.03$0.03$0.04$0.04$0.04$0.04$0.04$0.04$0.00$0.30
2023$0.03$0.03$0.04$0.03$0.04$0.04$0.04$0.04$0.03$0.04$0.04$0.03$0.42
2022$0.02$0.01$0.02$0.02$0.03$0.02$0.03$0.03$0.02$0.03$0.03$0.12$0.38
2021$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.01$0.11$0.32
2020$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.03$0.03$0.03$0.03$0.05$0.30
2019$0.03$0.02$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.34
2018$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.02$0.03$0.03$0.03$0.32
2017$0.02$0.02$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.04$0.03$0.35
2016$0.02$0.02$0.02$0.02$0.03$0.03$0.03$0.03$0.02$0.03$0.03$0.03$0.29
2015$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.11$0.31
2014$0.02$0.02$0.02$0.02$0.02$0.02$0.04$0.02$0.02$0.02$0.02$0.20$0.44
2013$0.02$0.02$0.03$0.03$0.03$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.27

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-8.00%-6.00%-4.00%-2.00%0.00%AprilMayJuneJulyAugustSeptember0
-3.03%
BSIIX (BlackRock Strategic Income Opportunities Fund Class I)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the BlackRock Strategic Income Opportunities Fund Class I. 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 Strategic Income Opportunities Fund Class I was 18.76%, occurring on Dec 12, 2008. Recovery took 189 trading sessions.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-18.76%May 21, 2008143Dec 12, 2008189Sep 15, 2009332
-9.93%Feb 24, 202023Mar 25, 202081Jul 21, 2020104
-8.47%Sep 14, 2021279Oct 20, 2022295Dec 21, 2023574
-3.82%Jun 2, 201188Oct 5, 201199Feb 28, 2012187
-3.43%Apr 14, 2015212Feb 12, 2016127Aug 15, 2016339

Volatility

Volatility Chart

The current BlackRock Strategic Income Opportunities Fund Class I volatility is 0.70%, 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.


1.00%2.00%3.00%4.00%5.00%6.00%AprilMayJuneJulyAugustSeptember
0.70%
4.49%
BSIIX (BlackRock Strategic Income Opportunities Fund Class I)
Benchmark (^GSPC)