BlackRock Global Equity Market Neutral Fund Institutional Shares (BDMIX)
| Fund Assets | 720.16M |
| Expense Ratio | 1.35% |
| Min. Investment | $2,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 1.79 |
| Dividend Yield | 12.25% |
| Dividend Growth | 90.87% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 10, 2024 |
| Previous Close | 14.61 |
| YTD Return | 8.52% |
| 1-Year Return | 17.91% |
| 5-Year Return | 56.90% |
| 52-Week Low | 13.43 |
| 52-Week High | 14.77 |
| Beta (5Y) | n/a |
| Holdings | 3954 |
| Inception Date | Dec 20, 2012 |
About BDMIX
The Fund's investment strategy focuses on Alt Long/Short Eq with 1.57% total expense ratio. The minimum amount to invest in BlackRock Funds: BlackRock Global Long/Short Equity Fund; Institutional Class Shares is $2,000,000 on a standard taxable account. BlackRock Funds: BlackRock Global Long/Short Equity Fund; Institutional Class Shares seeks total return over the long term. BDMIX invests at least 80% of its total assets in equity instruments and related derivative instruments issued by companies located in developed markets. BDMIX takes both long and short positions in a variety of developed market equity instruments.
Performance
BDMIX had a total return of 17.91% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.84%.
Top 10 Holdings
67.97% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Bills | B.0 04.22.25 | 9.88% |
| United States Treasury Bills | B.0 04.29.25 | 7.64% |
| United States Treasury Bills | B.0 04.01.25 | 7.54% |
| United States Treasury Bills | B.0 05.01.25 | 7.53% |
| United States Treasury Bills | B.0 04.10.25 | 6.39% |
| United States Treasury Bills | B.0 05.08.25 | 6.38% |
| United States Treasury Bills | B.0 04.03.25 | 6.22% |
| E-mini S&P 500 Future June 25 | n/a | 5.81% |
| United States Treasury Bills | B.0 04.08.25 | 5.42% |
| United States Treasury Bills | B.0 04.15.25 | 5.16% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 10, 2024 | $0.80369 | Dec 11, 2024 |
| Jul 18, 2024 | $0.98603 | Jul 19, 2024 |
| Dec 8, 2023 | $0.81036 | Dec 11, 2023 |
| Jul 20, 2023 | $0.12731 | Jul 21, 2023 |
| Jul 15, 2021 | $0.14284 | Jul 16, 2021 |
| Jul 16, 2020 | $0.03418 | Jul 17, 2020 |