BlackRock Systematic Multi-Strategy Fund
BIMBX
NASDAQ- -
USD
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- -
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 100 Bellevue Parkway Wilmington DE United States of America 19809
- IPO Date
- May 19, 2015
- CIK
- 0000844779
- Website
- blackrock.com
- Similar Companies
- Business
- BlackRock Systematic Multi-Strategy Fund (BIMBX) is an open-end mutual fund that seeks total return comprised of current income and capital appreciation through a diversified mix of global assets and strategies using a systematic, credit-oriented approach. The Fund, managed by BlackRock Advisors, LLC with sub-advisers BlackRock International Limited and BlackRock Asset Management North Asia Limited, invests across core fixed-income and equity allocations; long/short macro strategies; long/short alpha strategies; and quantitative model-based approaches, employing derivatives such as swaps, options, futures, forwards, and credit default swaps to achieve long and short positions. Its portfolio emphasizes U.S. investment grade credit, non-agency mortgages, agency residential mortgages, U.S. high yield credit, non-U.S. credit, and emerging markets debt and equity, with significant exposure to North America and limited allocations to Asia Pacific, Europe, and emerging markets; key holdings include UMBS 30-Year TBA, Uniform MBS, and GNMA2 30-Year TBA. Launched on May 19, 2015 as part of BlackRock Funds IV and domiciled in the United States with administrative addresses in Boston, Massachusetts, and Dublin, Ireland, the Fund targets institutional and retail investors seeking multistrategy exposure with lower correlation to traditional equity and fixed-income markets, maintaining total net assets of approximately $7.95 billion as of recent data. Share classes include Institutional (BIMBX, net expense ratio 0.93%), Investor A (BAMBX), Investor C (BMBCX), and Class K (BKMBX), with a minimum initial investment of $2 million for Institutional shares. The Fund benchmarks against the ICE BofA 3-Month U.S. Treasury Bill Index and Bloomberg U.S. Aggregate Bond Index, delivering annualized returns of 6.83% (1-year), 5.78% (3-year), and 3.81% (5-year) as of June 30, 2025, outperforming its Morningstar Multistrategy category average. In recent developments, the Fund amended its prospectus effective October 21, 2025, to introduce exposure to commodity markets via up to 25% of total assets (inclusive of leverage) invested in a newly formed Cayman Islands wholly-owned subsidiary, BlackRock Cayman Systematic Multi-Strategy Fund, Ltd., which holds commodity-linked derivatives, exchange-traded funds, and related instruments without limitation, alongside contractual fee waivers through June 30, 2026. Previously known as BlackRock Alternative Capital Strategies Fund, it reorganized with a predecessor fund on September 17, 2018, adopting its performance history while maintaining the same investment objective, strategies, and management team led by portfolio managers Scott Radell, Tom Parker, Jeffrey Rosenberg, and Chad Meuse. Amid BlackRock's broader expansions, including its systematic active strategies and multi-manager platforms in 2025, the Fund continues to evolve within the firm's alternatives division without specific fund-level acquisitions or partnerships reported.