Morningstar

BlackRock Systematic Multi-Strategy Fund Institutional Shares BIMBX

Morningstar Medalist Rating
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Medalist Rating as of See BlackRock Investment Hub
  • NAV / 1-Day Return $10.31  /  −0.19 %
  • Fund Size $7.2B
  • Adjusted Expense Ratio 0.920%
  • Net Expense Ratio 0.920%
  • Fee Level: Distribution Low
  • Share Class Type Institutional
  • Morningstar Category Multistrategy
  • Alternative Style Box (Funds) Low/Medium
  • Minimum Initial Investment $2M
  • Investment Status Open
  • TTM Yield 3.60%
  • Turnover Ratio 270%
NAV and 1-Day Return as of

Morningstar’s Analysis BIMBX

Will BIMBX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable BIMBX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the BIMBX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of BIMBX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Yield, downside protection, and diversification.

Senior Analyst Chris Tate

Chris Tate

Senior Analyst

Summary

BlackRock Systematic Multistrategy smartly pairs an income-oriented profile with meaningful downside protection and diversification benefits.

by Chris Tate
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Portfolio Holdings BIMBX

More BIMBX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings −8.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cash Offset

41.12 3B
—

ICE: (CDX.NA.HY.46.V3)

4.03 323M
Derivative

FSWP: OIS 4.490380 16-SEP-2028 SON Receive

4.00 320M
Government

FSWP: OIS 4.262730 16-SEP-2036 SON Receive

2.00 160M
Government

FSWP: OIS 4.494390 16-SEP-2031 SON Pay

1.70 136M
Government

United States Treasury Bills

1.60 128M
Government

10 Year Australian Treasury Bond Future Sept 26

1.53 122M
Government

Federal National Mortgage Association

1.27 102M
Securitized

FSWP: OIS 3.988940 16-SEP-2028 SOF Receive

1.23 99M
Government

Freddie Mac Stacr Remic Trust 2022-DNA7

1.23 98M
Securitized

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