BlackRock Systematic Multi-Strategy Fund Institutional Shares (BIMBX)

Fund Assets	7.91B
Expense Ratio	0.92%
Min. Investment	$2,000,000
Turnover	270.00%
Dividend (ttm)	0.37
Dividend Yield	3.52%
Dividend Growth	n/a
Payout Frequency	Annual
Ex-Dividend Date	Jul 22, 2026

Previous Close	10.41
YTD Return	1.66%
1-Year Return	3.86%
5-Year Return	19.86%
52-Week Low	10.26
52-Week High	10.81
Beta (5Y)	0.15
Holdings	4413
Inception Date	May 19, 2015

About BIMBX

BlackRock Systematic Multi-Strategy Fund Institutional Shares is a diversified alternative mutual fund designed to deliver total return through a systematic, credit‑oriented approach. It allocates across global asset classes with an emphasis on fixed and floating rate debt—spanning agency mortgage‑backed securities, asset‑backed credit, corporate bonds, and related derivatives—while selectively incorporating equities and currencies to broaden return sources and manage correlation. The strategy aims for lower correlation to traditional equity and core bond benchmarks by blending income‑generating credit exposures with tactical overlays and active risk management. The portfolio typically holds thousands of line items and actively uses mortgage TBAs and credit risk transfer securities among its notable positions, reflecting deep exposure to securitized markets. Positioned within the multistrategy category, it targets steady, benchmark‑agnostic outcomes, seeking resilience across rate and credit cycles rather than directional market bets. The fund’s institutional share class features professional‑grade risk controls, high portfolio turnover consistent with systematic rebalancing, and a policy framework that does not pursue a sustainable or ESG mandate. It serves institutions and sophisticated allocators seeking a core alternative credit sleeve to complement traditional fixed income.

• Fund Family: BlackRock
• Category: Multistrategy
• Performance Rating: Average
• Risk Rating: Below Average
• Stock Exchange: NASDAQ
• Ticker Symbol: BIMBX
• Index: ICE BofA US 3-Month T Bill TR IX

Performance

BIMBX had a total return of 3.86% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.91%.

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 22, 2026	$0.13053	Jul 23, 2026
Dec 26, 2025	$0.23534	Dec 29, 2025
Dec 30, 2024	$0.41153	Dec 31, 2024
Dec 28, 2023	$0.42447	Dec 29, 2023
Jul 20, 2023	$0.01642	Jul 21, 2023
Dec 29, 2022	$0.39351	Dec 30, 2022

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 27, 2026

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