BlackRock Systematic Multi-Strat K (BKMBX)

Fund Assets	7.23B
Expense Ratio	0.792%
Min. Investment	$5,000,000
Turnover	270.00%
Dividend (ttm)	0.38
Dividend Yield	3.65%
Dividend Growth	n/a
Payout Frequency	Annual
Ex-Dividend Date	Jul 22, 2026

Previous Close	10.29
YTD Return	0.59%
1-Year Return	2.68%
5-Year Return	23.20%
52-Week Low	10.17
52-Week High	10.80
Beta (5Y)	n/a
Holdings	3116
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.

• Fund Family: BlackRock
• Category: Multistrategy
• Performance Rating: Below Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: BKMBX
• Index: ICE BofA US 3-Month T Bill TR IX

Performance

BKMBX had a total return of 2.68% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.99%.

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 22, 2026	$0.13053	Jul 23, 2026
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

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 15, 2026

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