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BlackRock U.S. Government Bond Portfolio (PNIGX) Sharpe Ratio

Mutual Fund · Currency in USD · Last updated Jun 5, 2026

Under normal circumstances, the fund invests at least 80% of its assets in bonds that are issued or guaranteed by the U.S. government and its agencies. It invests primarily in the highest rated government and agency bonds and maintains an average portfolio duration that is within ±20% of the Bloomberg Barclays U.S. government/Mortgage Index. The fund may also invest up to 5% of its assets in dollar-denominated investment grade securities that are rated below the highest rating category at the time of purchase.

Sharpe ratio is not yet available for PNIGX. This metric requires at least 12 months of historical daily returns to calculate. Check back once this data is available.

How it compares to other similar mutual funds

The table compares BlackRock U.S. Government Bond Portfolio's Sharpe Ratio with other mutual funds in the Government Bonds category across multiple time periods, showing how PNIGX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 5, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
FEUGXFederated Hermes Adjustable Rate Fund3.80
GUSTXGMO U.S. Treasury Fund3.34
VSBIXVanguard Short-Term Treasury Index Fund Institutional Shares2.73
VGIVXVanguard Emerging Markets Government Bond Index Fund Institutional Shares2.70
VSBSXVanguard Short-Term Treasury Index Fund Admiral Shares2.68
VGAVXVanguard Emerging Markets Government Bond Index Fund Admiral Shares2.66
MDSIXIntegrity Short Term Government Fund2.42
DFFGXDFA Short-Term Government Portfolio2.33
VFFIXVictory INCORE Fund for Income Class I2.05
TCSGXSEI Daily Income Trust Short-Duration Government Fund1.97
PNIGXBlackRock U.S. Government Bond Portfolio—

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows PNIGX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when PNIGX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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