BlackRock Global Equity Market Neutral Fund C Shares (BDMCX)
| Fund Assets | 5.80B |
| Expense Ratio | 2.35% |
| Min. Investment | $1,000 |
| Turnover | 44.00% |
| Dividend (ttm) | 1.40 |
| Dividend Yield | 11.40% |
| Dividend Growth | -16.89% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Jul 17, 2025 |
| Previous Close | 12.28 |
| YTD Return | 0.90% |
| 1-Year Return | 2.80% |
| 5-Year Return | 37.21% |
| 52-Week Low | 12.10 |
| 52-Week High | 13.26 |
| Beta (5Y) | n/a |
| Holdings | 4464 |
| Inception Date | Dec 20, 2012 |
About BDMCX
The BlackRock Global Equity Market Neutral Fund C Shares is an open-end mutual fund employing a market-neutral strategy with the goal of generating returns that are largely independent of overall equity market movements. As part of BlackRock’s suite of alternative investment offerings, the fund utilizes a long/short equity approach, aiming to exploit inefficiencies by taking both long and short positions in global stocks and related instruments. This strategy is designed to provide low volatility relative to traditional equity investments, making it a potential diversifying component in broader investment portfolios. The fund leverages advanced data analytics and proprietary research to identify mispriced securities across global developed markets, relying on quantitative techniques as well as fundamental insights. It is managed by an experienced team with a long track record in executing equity market neutral strategies, and benefits from the extensive research and technological capabilities of BlackRock. The fund primarily invests in equities and equity-related derivatives and does not seek to follow a specific ESG or impact investing mandate. Its primary purpose is to offer investors consistent risk-adjusted returns and diversification from directional equity market risk, serving as an alternative to traditional long-only global equity funds.
Performance
BDMCX had a total return of 2.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.12%.
Top 10 Holdings
62.15% of assets| Name | Symbol | Weight |
|---|---|---|
| E-mini S&P 500 Future June 25 | n/a | 9.33% |
| United States Treasury Bills | B.0 06.12.25 | 7.75% |
| United States Treasury Bills | B.0 07.03.25 | 7.21% |
| United States Treasury Bills | B.0 06.05.25 | 7.04% |
| United States Treasury Bills | B.0 07.10.25 | 6.95% |
| United States Treasury Bills | B.0 07.15.25 | 5.27% |
| EUR - Spendable Cash | n/a | 5.07% |
| United States Treasury Bills | B.0 06.24.25 | 4.74% |
| United States Treasury Bills | B.0 07.22.25 | 4.39% |
| United States Treasury Bills | B.0 06.10.25 | 4.37% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 17, 2025 | $0.67608 | Jul 18, 2025 |
| Dec 10, 2024 | $0.7241 | Dec 11, 2024 |
| Jul 18, 2024 | $0.94521 | Jul 19, 2024 |
| Dec 8, 2023 | $0.73954 | Dec 11, 2023 |
| Jul 20, 2023 | $0.07835 | Jul 21, 2023 |
| Jul 15, 2021 | $0.14284 | Jul 16, 2021 |