BlackRock Systematic Multi-Strategy Fund Investor C Shares (BMBCX)
| Fund Assets | 8.45B |
| Expense Ratio | 1.89% |
| Min. Investment | $1,000 |
| Turnover | 270.00% |
| Dividend (ttm) | 0.13 |
| Dividend Yield | 1.28% |
| Dividend Growth | -57.62% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 26, 2025 |
| Previous Close | 10.37 |
| YTD Return | 0.97% |
| 1-Year Return | 2.27% |
| 5-Year Return | 17.22% |
| 52-Week Low | 10.04 |
| 52-Week High | 10.69 |
| Beta (5Y) | n/a |
| Holdings | 2313 |
| Inception Date | May 19, 2015 |
About BMBCX
BlackRock Systematic Multi-Strategy Fund Investor C is an alternative mutual fund designed to deliver total return through a diversified, systematic approach across global asset classes. The strategy emphasizes credit-oriented and fixed income exposures—such as securitized assets, investment-grade and high-yield corporate credit, and sovereign debt—supplemented by selective use of derivatives to manage risk and express views with low structural equity beta. The portfolio is built to seek current income and capital appreciation with lower correlation to traditional stock and core bond markets, aiming to perform across varying market regimes. The fund dynamically allocates among regions and credit qualities, often incorporating mortgage-related securities and index-based credit instruments, while actively managing duration, spread, and liquidity profiles. As part of a broader multi-strategy framework, it blends carry, value, and macro signals within a risk-managed process. Investor C shares carry a distribution and service fee structure typical of this share class and are targeted to retail investors seeking an institutional-style, multi-asset alternative solution in a single vehicle.
Performance
BMBCX had a total return of 2.27% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.03%.
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 | $0.13222 | Dec 29, 2025 |
| Dec 30, 2024 | $0.31202 | Dec 31, 2024 |
| Dec 28, 2023 | $0.31671 | Dec 29, 2023 |
| Jul 20, 2023 | $0.01642 | Jul 21, 2023 |
| Dec 29, 2022 | $0.29271 | Dec 30, 2022 |
| Jul 14, 2022 | $0.08818 | Jul 15, 2022 |