BlackRock Systematic Multi-Strat K (BKMBX)
| Fund Assets | 8.45B |
| Expense Ratio | n/a |
| Min. Investment | $5,000,000 |
| Turnover | 270.00% |
| Dividend (ttm) | 0.25 |
| Dividend Yield | 2.35% |
| Dividend Growth | -41.50% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 26, 2025 |
| Previous Close | 10.49 |
| YTD Return | 1.26% |
| 1-Year Return | 3.46% |
| 5-Year Return | 26.58% |
| 52-Week Low | 10.16 |
| 52-Week High | 10.80 |
| Beta (5Y) | n/a |
| Holdings | 2313 |
| Inception Date | Sep 29, 2020 |
About BKMBX
BlackRock Systematic Multi-Strategy Fund Class K is an open‑end mutual fund designed as a diversified alternative strategy aiming for total return from current income and capital appreciation. According to BlackRock, the strategy blends multiple systematic sleeves—spanning rates, credit, currency, and other liquid alternatives—to target low correlation with traditional equities and provide a smoother return profile across market cycles. The fund invests across global asset classes with an emphasis on fixed and floating rate debt securities, complemented by opportunistic use of derivatives and shorting to manage risk and seek alpha. It is positioned as a potential portfolio diversifier relative to core bond exposures, with an explicit objective of participating in both up and down markets while controlling drawdowns. Independent analyses highlight its historical ability to limit maximum drawdowns and deliver positive results in challenging bond environments, underscoring its risk-managed design. BlackRock notes that the fund integrates ESG considerations in its investment process but does not pursue a dedicated ESG outcome, keeping the focus on systematic, outcome‑oriented total return.
Performance
BKMBX had a total return of 3.46% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.52%.
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 | $0.24691 | Dec 29, 2025 |
| Dec 30, 2024 | $0.4221 | Dec 31, 2024 |
| Dec 28, 2023 | $0.43836 | Dec 29, 2023 |
| Jul 20, 2023 | $0.01642 | Jul 21, 2023 |
| Dec 29, 2022 | $0.40536 | Dec 30, 2022 |
| Jul 14, 2022 | $0.08818 | Jul 15, 2022 |