Returns Chart

Key Stats

Net Expense Ratio Total Assets Under Management Weighted Average Dividend Yield Turnover Ratio (Generic)
0.24% 1.279B -- 506.0%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized Total Returns Since Inception (Daily) Max Drawdown (Since Inception)
-13.47M 6.73%

Basic Info

Investment Strategy
The Fund seeks to provide a combination of income and capital growth. The Fund invests at least 80% of the value of its net assets in fixed income instruments. The Fund seeks to invest a substantial portion of its assets in US registered, dollar-denominated bonds or derivatives with similar economic characteristics.
General
Security Type Mutual Fund
Equity Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Bond USD
Peer Group General Bond Funds
Global Macro Bond HC
US Macro General Domestic Taxable Fixed Income Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective General Bond Funds
Fund Owner Firm Name BlackRock
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

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Net Fund Flows Versus Peer Group

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1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: 82
-49.20M Peer Group Low
2.247B Peer Group High
1 Year
% Rank: 76
-13.47M
-406.09M Peer Group Low
14.14B Peer Group High
3 Months
% Rank: 46
-1.274B Peer Group Low
2.806B Peer Group High
3 Years
% Rank: 7
-10.43B Peer Group Low
21.23B Peer Group High
6 Months
% Rank: 19
-1.779B Peer Group Low
5.222B Peer Group High
5 Years
% Rank: 12
-1.255B Peer Group Low
53.85B Peer Group High
YTD
% Rank: 84
-49.20M Peer Group Low
2.247B Peer Group High
10 Years
% Rank: 14
-1.944B Peer Group Low
81.71B Peer Group High
Date Unavailable

Performance Versus Peer Group

 
20%
15%
10%
5%
0
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
Peer Group Rtn. (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
% Rank in Peer Group (NAV)
5.0
5.0
5.0
5.0
5.0
5.0
5.0
5.0
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Annual Total Returns Versus Peers

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Name
2019
2020
2021
2022
2023
2024
2025
YTD
--
--
--
--
--
1.73%
7.31%
0.13%
8.72%
7.51%
-1.54%
-13.01%
5.53%
1.25%
7.30%
-0.03%
9.85%
7.81%
-0.88%
-14.44%
7.28%
2.82%
7.71%
0.26%
10.23%
9.22%
-0.92%
-14.08%
6.99%
2.27%
7.28%
0.24%
10.09%
8.38%
0.61%
-15.74%
5.76%
2.44%
7.47%
0.10%
9.57%
8.98%
-1.55%
-14.07%
4.41%
1.11%
7.56%
0.05%
As of February 05, 2026.

Fundamentals

General
Distribution Yield --
Dividend Yield TTM (2-4-26) 4.89%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings 3767

Fund Details

Key Dates
Inception Date 9/19/2023
Share Classes
BDVFX K
Attributes
Inverse Fund No
Leveraged Fund --
Currency Hedged Fund --
Socially Responsible Fund No

Asset Allocation

As of December 31, 2025.
Type % Net
Cash -51.27%
Stock 0.07%
Bond 88.10%
Convertible 0.00%
Preferred 0.00%
Other 63.09%
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Top 10 Holdings

Name % Weight Price % Change
BlackRock Liquidity T-Fund Institutional 19.20% 1.00 0.00%
3-Mon SOFR DEC26
14.39% -- --
Forward Overnight Index Swap General Security
12.68% -- --
2YR T-NOTE MAR26
8.86% -- --
5YR T NOTE MAR26
7.93% -- --
BUND FUT 6% MAR6
6.33% -- --
Federal National Mortgage Association 5.5% 01-JAN-2056
6.28% -- --
10Y TNotes MAR26
6.15% -- --
FEDERAL NATIONAL MORTGAGE ASSOCIATION FNMA-New 3.5 02/01/2042 FIX USD Agency 2.86% -- --
United States of America USGB 4.875 10/31/2030 FIX USD Government 2.47% 104.57 -0.00%

Fees & Availability

Fees
Actual 12B-1 Fee --
Actual Management Fee 0.03%
Administration Fee 684.2K%
Maximum Front Load --
Maximum Deferred Load --
Maximum Redemption Fee --
General Availability
Available for Insurance Product No
Available for RRSP No
Purchase Details
Open to New Investors Yes
Minimum Initial Investment 2.00M None
Minimum Subsequent Investment 0.00 None

Basic Info

Investment Strategy
The Fund seeks to provide a combination of income and capital growth. The Fund invests at least 80% of the value of its net assets in fixed income instruments. The Fund seeks to invest a substantial portion of its assets in US registered, dollar-denominated bonds or derivatives with similar economic characteristics.
General
Security Type Mutual Fund
Equity Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Bond USD
Peer Group General Bond Funds
Global Macro Bond HC
US Macro General Domestic Taxable Fixed Income Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective General Bond Funds
Fund Owner Firm Name BlackRock
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

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Fundamentals

General
Distribution Yield --
Dividend Yield TTM (2-4-26) 4.89%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings 3767

Fund Details

Key Dates
Inception Date 9/19/2023
Share Classes
BDVFX K
Attributes
Inverse Fund No
Leveraged Fund --
Currency Hedged Fund --
Socially Responsible Fund No

Top Portfolio Holders

Name % Weight
Portfolio A 5.00%
Portfolio B 3.50%
Portfolio C 2.25%
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Excel Add-In Codes

Name: =YCI("M:BDVIX", "name")
Broad Asset Class: =YCI("M:BDVIX", "broad_asset_class")
Broad Category: =YCI("M:BDVIX", "broad_category_group")
Prospectus Objective: =YCI("M:BDVIX", "prospectus_objective")
To find the codes for any of our securities and financial metrics, see our Complete Excel Reference.
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