BlackRock 40/60 Target Allocation Fund Institutional (BIMPX)
| Fund Assets | 767.43M |
| Expense Ratio | 0.30% |
| Min. Investment | $2,000,000 |
| Turnover | 103.00% |
| Dividend (ttm) | 0.78 |
| Dividend Yield | 5.62% |
| Dividend Growth | 78.12% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 29, 2025 |
| Previous Close | 13.90 |
| YTD Return | 1.10% |
| 1-Year Return | 12.64% |
| 5-Year Return | 27.05% |
| 52-Week Low | 11.53 |
| 52-Week High | 13.99 |
| Beta (5Y) | n/a |
| Holdings | 24 |
| 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 12.64% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.91%.
Top 10 Holdings
69.58% of assets| Name | Symbol | Weight |
|---|---|---|
| BlackRock Total Return Fund Class K Shares | MPHQX | 13.79% |
| iShares 10-20 Year Treasury Bond ETF | TLH | 10.84% |
| BlackRock Strategic Income Opportunities Portfolio Class K | BSIKX | 8.00% |
| iShares U.S. Equity Factor Rotation Active ETF | DYNF | 5.98% |
| iShares S&P 500 Value ETF | n/a | 5.94% |
| iShares Flexible Income Active ETF | BINC | 5.93% |
| iShares S&P 500 Growth ETF | IVW | 5.14% |
| iShares S&P 100 ETF | OEF | 4.98% |
| iShares Securitized Income Active ETF | MSUMX | 4.96% |
| iShares Core S&P 500 ETF | IVV | 4.01% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 29, 2025 | $0.77812 | Dec 30, 2025 |
| 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 |