BlackRock Systematic Multi-Strategy Fund
Name
As of 02/10/2025Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
2.0%
1 yr return
7.7%
3 Yr Avg Return
4.8%
5 Yr Avg Return
4.2%
Net Assets
$7.01 B
Holdings in Top 10
14.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.93%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 02/10/2025Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
BIMBX - Profile
Distributions
- YTD Total Return 2.0%
- 3 Yr Annualized Total Return 4.8%
- 5 Yr Annualized Total Return 4.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.09%
- Dividend Yield 4.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameBlackRock Systematic Multi-Strategy Fund
-
Fund Family NameBlackRock-advised Funds
-
Inception DateMay 19, 2015
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerScott Radell
Fund Description
BIMBX - Performance
Return Ranking - Trailing
Period | BIMBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.0% | -73.0% | 19.4% | 53.05% |
1 Yr | 7.7% | -9.1% | 86.9% | 69.45% |
3 Yr | 4.8%* | -9.5% | 16.2% | 26.91% |
5 Yr | 4.2%* | -4.9% | 14.4% | 15.70% |
10 Yr | N/A* | -0.9% | 7.5% | N/A |
* Annualized
Return Ranking - Calendar
Period | BIMBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2024 | 2.6% | -22.7% | 305.1% | 47.78% |
2023 | 1.9% | -9.8% | 27.3% | 56.45% |
2022 | -7.6% | -20.8% | 10.9% | N/A |
2021 | 3.5% | -12.4% | 29.4% | N/A |
2020 | 2.2% | -10.5% | 15.8% | N/A |
Total Return Ranking - Trailing
Period | BIMBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.0% | -73.0% | 19.4% | 53.05% |
1 Yr | 7.7% | -13.4% | 86.9% | 63.64% |
3 Yr | 4.8%* | -9.5% | 16.2% | 25.30% |
5 Yr | 4.2%* | -5.3% | 14.4% | 15.70% |
10 Yr | N/A* | -0.9% | 7.5% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | BIMBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2024 | 6.8% | -22.7% | 305.1% | 47.78% |
2023 | 6.4% | -9.8% | 27.3% | 56.85% |
2022 | -2.9% | -20.8% | 10.9% | N/A |
2021 | 6.2% | -8.4% | 29.4% | N/A |
2020 | 6.0% | -10.2% | 18.0% | N/A |
NAV & Total Return History
BIMBX - Holdings
Concentration Analysis
BIMBX | Category Low | Category High | BIMBX % Rank | |
---|---|---|---|---|
Net Assets | 7.01 B | 1.5 M | 5.01 B | 2.58% |
Number of Holdings | 1952 | 4 | 4478 | 3.53% |
Net Assets in Top 10 | 986 M | -398 M | 2.55 B | 5.65% |
Weighting of Top 10 | 14.06% | 13.1% | 100.0% | 90.37% |
Top 10 Holdings
- TRS: BlackRock Systematic Multi-Strategy Fund - SMS LARGE CAP MS CFD 3.11%
- BlackRock Liquidity Funds: T-Fund, Institutional Shares 1.76%
- Uniform Mortgage-Backed Security, TBA 1.37%
- Uniform Mortgage-Backed Security, TBA 1.26%
- TRS:SMS Defensive Equity - SG CFD 1.21%
- TRS: BlackRock Systematic Multi-Strategy Fund - SMS LARGE CAP BARC CFD 1.10%
- Freddie Mac STACR REMIC Trust 2021-DNA7 1.09%
- Freddie Mac STACR REMIC Trust 2021-DNA6 1.07%
- Freddie Mac STACR REMIC Trust 2021-HQA1 1.06%
- Freddie Mac STACR REMIC Trust 2022-HQA1 1.02%
Asset Allocation
Weighting | Return Low | Return High | BIMBX % Rank | |
---|---|---|---|---|
Bonds | 93.89% | -326.45% | 6347.80% | 10.25% |
Stocks | 11.06% | -3.75% | 97.95% | 78.80% |
Other | 8.89% | -21.53% | 148.54% | 87.99% |
Convertible Bonds | 2.29% | 0.00% | 87.92% | 19.43% |
Cash | 1.76% | -6278.21% | 410.43% | 67.84% |
Preferred Stocks | 0.00% | -0.12% | 46.97% | 92.58% |
Stock Sector Breakdown
Weighting | Return Low | Return High | BIMBX % Rank | |
---|---|---|---|---|
Consumer Cyclical | 18.73% | 0.00% | 29.09% | 12.99% |
Healthcare | 13.98% | 0.00% | 45.63% | 24.80% |
Energy | 11.17% | 0.00% | 100.00% | 8.66% |
Technology | 10.97% | 0.00% | 39.58% | 94.88% |
Industrials | 8.80% | 0.00% | 21.45% | 10.24% |
Consumer Defense | 8.01% | 0.00% | 13.62% | 7.09% |
Real Estate | 6.47% | 0.00% | 51.26% | 25.59% |
Financial Services | 6.32% | 0.00% | 59.28% | 87.40% |
Communication Services | 5.56% | 0.00% | 21.78% | 96.06% |
Basic Materials | 5.12% | 0.00% | 27.46% | 22.83% |
Utilities | 4.87% | 0.00% | 9.23% | 5.12% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | BIMBX % Rank | |
---|---|---|---|---|
US | 11.06% | -8.85% | 91.88% | 63.25% |
Non US | 0.00% | -19.62% | 42.11% | 91.87% |
Bond Sector Breakdown
Weighting | Return Low | Return High | BIMBX % Rank | |
---|---|---|---|---|
Securitized | 32.30% | 0.00% | 56.83% | 6.71% |
Corporate | 26.51% | 0.00% | 87.73% | 18.37% |
Derivative | 7.47% | 0.00% | 88.81% | 98.94% |
Cash & Equivalents | 1.76% | 0.27% | 100.00% | 60.78% |
Government | 0.15% | 0.00% | 84.29% | 81.98% |
Municipal | 0.00% | 0.00% | 27.33% | 96.82% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | BIMBX % Rank | |
---|---|---|---|---|
US | 93.89% | -126.19% | 6311.18% | 8.48% |
Non US | 0.00% | -382.37% | 121.02% | 53.36% |
BIMBX - Expenses
Operational Fees
BIMBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.93% | 0.29% | 31.15% | 89.57% |
Management Fee | 0.73% | 0.00% | 2.50% | 36.40% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.06% | 0.01% | 0.30% | 8.22% |
Sales Fees
BIMBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
BIMBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
BIMBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 491.00% | 98.83% |
BIMBX - Distributions
Dividend Yield Analysis
BIMBX | Category Low | Category High | BIMBX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.99% | 0.00% | 4.56% | 96.47% |
Dividend Distribution Analysis
BIMBX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | Quarterly | Annually |
Net Income Ratio Analysis
BIMBX | Category Low | Category High | BIMBX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.09% | -2.51% | 6.83% | 23.74% |
Capital Gain Distribution Analysis
BIMBX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 30, 2024 | $0.412 | OrdinaryDividend |
Dec 28, 2023 | $0.424 | OrdinaryDividend |
Jul 20, 2023 | $0.016 | OrdinaryDividend |
Dec 29, 2022 | $0.394 | OrdinaryDividend |
Jul 14, 2022 | $0.088 | OrdinaryDividend |
Dec 30, 2021 | $0.274 | OrdinaryDividend |
Dec 30, 2020 | $0.064 | OrdinaryDividend |
Jul 16, 2020 | $0.040 | OrdinaryDividend |
Apr 08, 2020 | $0.028 | OrdinaryDividend |
Dec 31, 2019 | $0.189 | CapitalGainShortTerm |
Dec 31, 2019 | $0.012 | CapitalGainLongTerm |
Dec 31, 2019 | $0.028 | OrdinaryDividend |
Oct 10, 2019 | $0.048 | OrdinaryDividend |
Jul 18, 2019 | $0.053 | OrdinaryDividend |
Apr 10, 2019 | $0.056 | OrdinaryDividend |
Dec 28, 2018 | $0.071 | OrdinaryDividend |
Dec 28, 2018 | $0.088 | CapitalGainShortTerm |
Oct 11, 2018 | $0.070 | OrdinaryDividend |
BIMBX - Fund Manager Analysis
Managers
Scott Radell
Start Date
Tenure
Tenure Rank
May 19, 2015
7.04
7.0%
Scott Radell has been employed as managing director and portfolio manager with BlackRock Investment Management LLC and BlackRock Financial Advisers (formerly, Barclays Global Fund Advisors) and its predecessors since 2009. Mr. Radell served as a portfolio manager at Barclays Global Fund Advisors and its affiliates since 2004. Radell was a credit strategist from 2003 to 2004 before becoming a CoreAlpha Bond Portfolio Manager and prior to that he was employed by Morgan Stanley Asset Management as a credit analyst from 1996 to 2003.
Tom Parker
Start Date
Tenure
Tenure Rank
May 19, 2015
7.04
7.0%
Managing Director of BlackRock, Inc. since 2009; Chief Investment Officer of BlackRock’s Systematic Fixed Income Group since 2015;Deputy Chief Investment Officer of BlackRock’s Model-Based Fixed Income Portfolio Management Group since 2010; Co-Head of Credit Investments and Member of the Fixed Income Research Approval Committee of Barclays Global Investors (“BGI”) from 2001 to 2009.
Jeffrey Rosenberg
Start Date
Tenure
Tenure Rank
Oct 01, 2018
3.67
3.7%
Jeffrey Rosenberg, CFA. Jointly and primarily responsible for the day-to-day management of the Fund’s portfolio since 2018, including setting the Fund’s overall investment strategy and overseeing the management of the Fund Managing Director of BlackRock, Inc. since 2011; Chief Fixed Income Strategist and member of the BlackRock Investment Institute since 2016; Chief Investment Strategist for Fundamental Fixed Income at BlackRock since 2011; Chief Credit Strategist at Bank of America Merrill Lynch from 2002 to 2011.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.02 | 17.37 | 4.48 | 1.67 |