BlackRock 40/60 Target Allocation Fund (BIMPX)
| Fund Assets | 749.38M |
| Expense Ratio | 0.30% |
| Min. Investment | $2,000,000 |
| Turnover | 103.00% |
| Dividend (ttm) | 0.44 |
| Dividend Yield | 3.09% |
| Dividend Growth | 21.19% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 24, 2024 |
| Previous Close | 14.14 |
| YTD Return | 10.82% |
| 1-Year Return | 7.04% |
| 5-Year Return | 29.48% |
| 52-Week Low | 12.08 |
| 52-Week High | 14.14 |
| Beta (5Y) | n/a |
| Holdings | 25 |
| Inception Date | Dec 21, 2006 |
About BIMPX
BlackRock 40/60 Target Allocation Fund Institutional is a diversified mutual fund designed to provide a balanced blend of income and capital appreciation through a strategic allocation of approximately 40% equities and 60% fixed income securities. Its primary purpose is to offer institutional investors a moderately conservative investment solution, emphasizing stability and income generation while maintaining exposure to growth opportunities. The fund employs a multi-asset approach, combining both exchange-traded funds (ETFs) and actively managed strategies to achieve broad market diversification across regions, asset classes, and market sectors. Noteworthy features include cost efficiency—with a net expense ratio among the lowest in its peer group—and a portfolio constructed around top holdings such as BlackRock Total Return Fund, iShares Core Total USD Bond Market ETF, S&P 500 ETFs, and targeted sector allocations. With origins dating back to 2006, the fund is notable for its consistent risk-adjusted performance and its role as a core allocation vehicle in institutional portfolios seeking long-term balance between risk and return.
Performance
BIMPX had a total return of 7.04% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.97%.
Top 10 Holdings
68.93% of assets| Name | Symbol | Weight |
|---|---|---|
| BlackRock Total Return K | MPHQX | 13.67% |
| iShares 10-20 Year Treasury Bond ETF | TLH | 10.64% |
| BlackRock Strategic Income Opps K | BSIKX | 7.92% |
| iShares Core S&P 500 ETF | IVV | 6.29% |
| iShares Flexible Income Active ETF | BINC | 5.85% |
| iShares S&P 500 Growth ETF | IVW | 5.42% |
| iShares U.S. Equity Factor Rotation Active ETF | DYNF | 5.24% |
| BlackRock Securitized Income Instl | MSUMX | 4.94% |
| iShares MSCI USA Quality Factor ETF | QUAL | 4.89% |
| iShares Core Total USD Bond Market ETF | IUSB | 4.07% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 24, 2024 | $0.43684 | Dec 26, 2024 |
| Dec 22, 2023 | $0.36047 | Dec 26, 2023 |
| Dec 23, 2022 | $0.3405 | Dec 27, 2022 |
| Dec 31, 2021 | $0.8562 | Jan 3, 2022 |
| Dec 31, 2020 | $0.60174 | Jan 4, 2021 |
| Dec 31, 2019 | $0.32146 | Jan 2, 2020 |