BlackRock Systematic Multi-Strategy Fund Institutional Shares (BIMBX)
| Fund Assets | 8.45B |
| Expense Ratio | 0.93% |
| Min. Investment | $2,000,000 |
| Turnover | 270.00% |
| Dividend (ttm) | 0.24 |
| Dividend Yield | 2.25% |
| Dividend Growth | -42.81% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 26, 2025 |
| Previous Close | 10.49 |
| YTD Return | 0.96% |
| 1-Year Return | 3.36% |
| 5-Year Return | 22.64% |
| 52-Week Low | 10.17 |
| 52-Week High | 10.81 |
| Beta (5Y) | 0.19 |
| Holdings | 2313 |
| 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.
Performance
BIMBX had a total return of 3.36% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.04%.
Top 10 Holdings
42.62% of assets| Name | Symbol | Weight |
|---|---|---|
| Cash Offset | n/a | 11.24% |
| FSWP: OIS 3.215690 18-MAR-2028 SOF Receive | n/a | 6.71% |
| United States Treasury Bills | B.0 02.05.26 | 6.31% |
| United States Treasury Bills | B.0 01.22.26 | 5.25% |
| FSWP: OIS 3.469390 18-MAR-2028 SON Receive | n/a | 3.63% |
| FSWP: OIS 4.018220 18-MAR-2036 SON Receive | n/a | 2.57% |
| FSWP: OIS 3.346780 18-MAR-2031 SOF Receive | n/a | 2.21% |
| United States Treasury Bills | B.0 04.21.26 | 2.11% |
| AUD/USD Purchased | n/a | 1.35% |
| Federal National Mortgage Association | FNCL.2 1.14 | 1.24% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Jul 14, 2022 | $0.08818 | Jul 15, 2022 |