BlackRock Strategic Global Bond Fund (MAWIX)

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

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

BlackRock Strategic Global Bond Fund (MAWIX) has returned -2.25% so far this year and 4.18% over the past 12 months. Over the last ten years, MAWIX has returned 1.76% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since May 31, 1996, MAWIX's average daily return is +0.01%, while the average monthly return is +0.32%. At this rate, your investment would double in approximately 18.1 years.

Historically, 63% of months were positive and 37% were negative. The best month was Apr 2003 with a return of +7.4%, while the worst month was Aug 1998 at -23.9%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 4 months.

On a daily basis, MAWIX closed higher 39% of trading days. The best single day was Aug 13, 1998 with a return of +2.2%, while the worst single day was Aug 27, 1998 at -4.4%.

BlackRock Strategic Global Bond Fund has an annualized alpha of 3.32%, beta of 0.04, and R² of 0.02 versus S&P 500 Index. Calculated based on daily prices since June 03, 1996.

• This fund participated in 24.66% of S&P 500 Index downside but only 24.44% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.04 may look defensive, but with R² of 0.02 this fund is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R² of 0.02 means this fund moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

MAWIX has an expense ratio of 0.57%, placing it in the medium range.

MAWIX ranks 42 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for BlackRock Strategic Global Bond Fund (MAWIX) and compare them to a chosen benchmark (S&P 500 Index).

BlackRock Strategic Global Bond Fund provided a 4.21% dividend yield over the last twelve months, with an annual payout of $0.22 per share. The fund has been increasing its distributions for 4 consecutive years.

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

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.

The table below displays the maximum drawdowns of the BlackRock Strategic Global Bond 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 Strategic Global Bond Fund was 32.07%, occurring on Sep 11, 1998. Recovery took 1170 trading sessions.

The current BlackRock Strategic Global Bond Fund drawdown is 5.34%.

The chart below shows the rolling one-month volatility.