C000202328 Performance — BlackRock Sustainable Advantage CoreAlpha Bond Fund, Institutional Class
Data updated: 2024-08-09
C000202328 returned +2.03% over one year to May 2024. The annualised 3-year return is −3.44%. The fund trailed its Long-Term Core Bond category average: $100 invested three years ago grew to $90, against $91 for the category, and to $102 over one year, against $102. Volatility over the past three years was 7.61% a year. In the 12 months to May 2024 the fund lost a net $5.4M, and assets reached $48.35M.
C000202328 Growth of $100
What $100 invested in BlackRock Sustainable Advantage CoreAlpha Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Long-Term Core Bond category average over the same months.
| Period | C000202328 | Category average |
|---|---|---|
| 1 year (Jun 2023 – May 2024) | $102 | $102 |
| 3 years (Jun 2021 – May 2024) | $90 | $91 |
| Since data start (Sep 2019 – May 2024) | $95 | $96 |
C000202328 Trailing Returns
Total returns to May 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +2.03% |
| 3 years (annualised) | −3.44% |
C000202328 Annual Returns
Calendar-year total returns of BlackRock Sustainable Advantage CoreAlpha Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–May) | −1.31% |
| 2023 | +5.83% |
| 2022 | −13.97% |
| 2021 | −2.35% |
| 2020 | +8.81% |
| 2019 (Sep–Dec) | −0.49% |
C000202328 Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | −0.4% | −1.3% | +0.8% | −2.0% | +1.6% | — | — | — | — | — | — | — |
| 2023 | +3.3% | −2.6% | +2.4% | +0.6% | −1.2% | −0.3% | −0.1% | −0.8% | −2.5% | −1.7% | +4.9% | +4.0% |
| 2022 | −2.0% | −1.6% | −2.7% | −4.2% | +0.4% | −1.7% | +2.5% | −2.8% | −4.4% | −1.3% | +3.7% | −0.5% |
| 2021 | −0.7% | −1.6% | −1.2% | +0.8% | +0.1% | +0.8% | +1.0% | −0.1% | −0.8% | −0.6% | +0.2% | −0.3% |
| 2020 | +1.9% | +1.6% | −0.2% | +2.3% | +0.4% | +0.8% | +1.7% | −0.8% | −0.1% | −0.5% | +1.2% | +0.3% |
| 2019 | — | — | — | — | — | — | — | — | −0.5% | +0.3% | −0.2% | −0.1% |
C000202328 Risk
Risk measures from monthly returns over Jun 2021 – May 2024.
- 3-year volatility (annualised): 7.61%
- 3-year Sharpe ratio: -1.04 (vs 4.5% risk-free rate)
- Best month: +4.92% (Nov 2023)
- Worst month: −4.43% (Sep 2022)
C000202328 Fund Flows
Monthly money in and out of BlackRock Sustainable Advantage CoreAlpha Bond Fund, from SEC Form N-PORT.
- 12-month net flow: −$5.4M
- 12-month gross sales (incl. reinvestments): $24.5M
- Sales ÷ redemptions: 0.82×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2024 | $7.1M | $1.6M | $5.4M |
| Apr 2024 | $2.5M | $1.2M | $1.2M |
| Mar 2024 | $919K | $1.3M | −$386K |
| Feb 2024 | $2.6M | $644K | $2.0M |
| Jan 2024 | $2.0M | $1.1M | $842K |
| Dec 2023 | $1.5M | $1.2M | $336K |
| Nov 2023 | $1.0M | $2.9M | −$1.9M |
| Oct 2023 | $1.5M | $1.5M | $40K |
| Sep 2023 | $2.0M | $1.7M | $318K |
| Aug 2023 | $872K | $1.6M | −$748K |
| Jul 2023 | $1.2M | $12.2M | −$10.9M |
| Jun 2023 | $1.3M | $2.9M | −$1.6M |
C000202328 Assets Under Management
Net assets of BlackRock Sustainable Advantage CoreAlpha Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-05-31 | $48.35M |
| 2024-02-29 | $42.41M |
| 2023-11-30 | $38.88M |
| 2023-08-31 | $40.72M |
| 2023-05-31 | $54.90M |
| 2023-02-28 | $56.04M |
| 2022-11-30 | $63.93M |
| 2022-08-31 | $67.51M |
| 2022-05-31 | $66.48M |
| 2022-02-28 | $72.62M |
| 2021-11-30 | $73.03M |
| 2021-08-31 | $69.48M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.