BlackRock 40/60 Target Allocation Fund Institutional (BIMPX)
| Fund Assets | 610.72M |
| Expense Ratio | 0.30% |
| Min. Investment | $2,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.44 |
| Dividend Yield | 3.21% |
| Dividend Growth | 21.19% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 24, 2024 |
| Previous Close | 13.57 |
| YTD Return | 6.51% |
| 1-Year Return | 6.67% |
| 5-Year Return | 28.74% |
| 52-Week Low | 12.08 |
| 52-Week High | 13.59 |
| Beta (5Y) | n/a |
| Holdings | 25 |
| Inception Date | Dec 21, 2006 |
About BIMPX
BIMPX was founded on 2006-12-21. The Fund's investment strategy focuses on Balanced with 0.13% total expense ratio. The minimum amount to invest in BlackRock Funds II: BlackRock 40/60 Target Allocation Fund; Institutional Class Shares is $2,000,000 on a standard taxable account. BlackRock Funds II: BlackRock 40/60 Target Allocation Fund; Institutional Class Shares seeks a balance between long-term capital appreciation and high current income, with a greater emphasis on capital appreciation. BIMPX, which is a fund-of-funds, normally invests 60% of its assets in funds that invest in equity securities and 40% funds that invest primarily in fixed income securities.
Performance
BIMPX had a total return of 6.67% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.81%.
Top 10 Holdings
68.96% of assets| Name | Symbol | Weight |
|---|---|---|
| BlackRock Total Return Fund Class K Shares | MPHQX | 13.92% |
| iShares 10-20 Year Treasury Bond ETF | TLH | 10.85% |
| BlackRock Strategic Income Opportunities Portfolio Class K | BSIKX | 8.07% |
| iShares Core S&P 500 ETF | IVV | 6.05% |
| iShares Flexible Income Active ETF | BINC | 5.96% |
| iShares S&P 500 Growth ETF | IVW | 5.09% |
| BlackRock US Mortgage Portfolio Institutional Shares | MSUMX | 5.05% |
| iShares U.S. Equity Factor Rotation Active ETF | DYNF | 5.00% |
| iShares MSCI USA Quality Factor ETF | QUAL | 4.85% |
| iShares Core Total USD Bond Market ETF | IUSB | 4.13% |
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 |