BlackRock Global Equity Market Neutral Fund Institutional Shares (BDMIX)

Fund Assets	14.26B
Expense Ratio	1.34%
Min. Investment	$2,000,000
Turnover	113.00%
Dividend (ttm)	1.39
Dividend Yield	9.00%
Dividend Growth	-5.71%
Payout Frequency	Semi-Annual
Ex-Dividend Date	Jul 22, 2026

Previous Close	15.37
YTD Return	13.44%
1-Year Return	21.21%
5-Year Return	91.12%
52-Week Low	14.20
52-Week High	16.51
Beta (5Y)	0.06
Holdings	3871
Inception Date	Dec 20, 2012

About BDMIX

The BlackRock Global Equity Market Neutral Fund is an alternative mutual fund designed to provide true diversification and consistent returns by employing a market-neutral equity strategy. Its primary function is to generate returns independent of broad equity market movements by simultaneously taking long and short positions in equities and related derivatives, focusing on equities from developed markets. The fund utilizes a sophisticated, quantitative research process, leveraging BlackRock’s team of researchers and advanced technologies—such as machine learning and big data analysis—to systematically identify overvalued and undervalued stocks through proprietary signals and ranking methodologies. With an average net market exposure of less than 10% since inception, the strategy seeks to minimize sensitivity to directional market risk while maintaining a diversified profile, often involving thousands of holdings on both sides of the portfolio. Managed by BlackRock’s well-regarded systematic active equity team, the fund’s robust and adaptive investment process is notable for its ability to rapidly incorporate new data and market themes, aiming for a consistent, differentiated return stream compared to traditional equity funds. This fund does not follow a sustainable or ESG mandate and is structured primarily for institutional investors seeking diversification within multi-asset portfolios.

• Fund Family: BlackRock
• Category: Equity Market Neutral
• Performance Rating: High
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: BDMIX
• Index: ICE BofA US 3-Month T Bill TR IX

Performance

BDMIX had a total return of 21.21% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.93%.

Top 10 Holdings

64.45% of assets

Name	Symbol	Weight
E-mini S&P 500 Future Sept 25	n/a	9.22%
United States Treasury Bills	B.0 07.10.25	8.18%
United States Treasury Bills	B.0 07.17.25	7.68%
United States Treasury Bills	B.0 07.24.25	6.78%
EUR - Spendable Cash	n/a	6.40%
United States Treasury Bills	B.0 07.15.25	6.15%
United States Treasury Bills	B.0 07.03.25	6.13%
United States Treasury Bills	B.0 07.08.25	4.82%
United States Treasury Bills	B.0 07.01.25	4.76%
United States Treasury Bills	B.0 07.29.25	4.33%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 22, 2026	$1.1591	Jul 23, 2026
Dec 9, 2025	$0.59439	Dec 10, 2025
Jul 17, 2025	$0.70834	Jul 18, 2025
Dec 10, 2024	$0.80369	Dec 11, 2024
Jul 18, 2024	$0.98603	Jul 19, 2024
Dec 8, 2023	$0.81036	Dec 11, 2023

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Aug 26, 2026

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