Morningstar

BlackRock Systematic Multi-Strat K BKMBX

Morningstar Medalist Rating
Medalist Rating as of | See BlackRock Investment Hub
  • NAV / 1-Day Return 10.69  /  −0.37 %
  • Total Assets 7.0 Bil
  • Adj. Expense Ratio
    0.820%
  • Expense Ratio 0.820%
  • Distribution Fee Level Low
  • Share Class Type Retirement, Large
  • Category Multistrategy
  • Alt Style Correlation / Relative Volatility High/Low
  • Min. Initial Investment 5.0 Mil
  • Status Open
  • TTM Yield 4.07%
  • Turnover 344%

USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 11:09 PM GMT+0

Morningstar’s Analysis BKMBX

Will BKMBX outperform in 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 BKMBX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the BKMBX 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 BKMBX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A distinct take on multistrategy investing.

Director Simon Scott

Simon Scott

Director

Summary

A hugely experienced systematic fixed-income team leads BlackRock Systematic Multistrategy. Its thoughtful combination of three complementary strategies offer yield alongside downside protection.

by Simon Scott
Rated on Published on

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Portfolio Holdings BKMBX

More BKMBX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 17.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Us 2Yr Note Dec 24

20.92 1.4 Bil
Government

Us Ultra T-Bond Dec 24

4.95 340.2 Mil
Government

Euro Bund Future Sept 24

2.79 192.1 Mil
Government

ICE: (CDX.NA.HY.42.V1)

2.48 170.2 Mil
Derivative

10 Year Australian Treasury Bond Future Sept 24

2.41 165.9 Mil
Government

CAD/USD Purchased

2.16 148.2 Mil
Derivative

EUR/USD Purchased

1.87 128.6 Mil
Derivative

SGD/USD Purchased

1.50 103.0 Mil
Derivative

Federal National Mortgage Association

1.39 95.3 Mil
Securitized

AUD/USD Purchased

1.28 88.2 Mil
Derivative

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