# BlackRock Systematic Multi-Strategy Fund (BAMBX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/bambx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: BlackRock · Asset class: Fixed Income - Strategy: Actively Managed · Inception: 2015-05-19 To achieve its financial aims, the fund diversifies its holdings across various global asset classes. A significant portion of its investments are directed towards fixed and floating rate bonds, as well as equity instruments. The portfolio typically includes both U.S. and foreign securities, extending to include those issued by companies based in developing markets. ## Key Facts | Metric | Value | |---|---| | Price | $10.54 | | Expense Ratio | 1.20% | | AUM (All Share Classes) | $7.24B | | NAV | $10.50 | | Holdings Count | 2201 | | Distribution Yield (TTM) | 3.17% | | Annual Distribution (TTM) | $0.33 /share | | Distribution Frequency | Semi-Annual | | 52-Week Range | $10.14 – $10.79 | | Beta | 0.15 | ## Latest Distribution - Amount: $0.1305 /share - Ex-date: 2026-07-22 - Pay date: 2026-07-23 ## Frequently Asked Questions ### What does BAMBX invest in? To achieve its financial aims, the fund diversifies its holdings across various global asset classes. A significant portion of its investments are directed towards fixed and floating rate bonds, as well as equity instruments. The portfolio typically includes both U.S. and foreign securities, extending to include those issued by companies based in developing markets. ### What is the expense ratio of BAMBX? BlackRock Systematic Multi-Strategy Fund (BAMBX) charges an expense ratio of 1.20%. This is the annual fee deducted from fund assets to cover management and operations. ### What is BAMBX's dividend yield? BAMBX's trailing-twelve-month yield is 3.17%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of BAMBX? Effective duration measures BAMBX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. BAMBX's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of BAMBX? BAMBX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of BAMBX? Yield to maturity (YTM) is the total return you'd earn from BAMBX if every bond in the portfolio is held to maturity at the current price. BAMBX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### Does BAMBX pay a dividend? Yes, BlackRock Systematic Multi-Strategy Fund (BAMBX) distributes dividends to shareholders. The trailing-twelve-month yield is 3.17%. Full dividend history is on this page. ### How often does BAMBX pay dividends? BlackRock Systematic Multi-Strategy Fund pays dividends Semi-Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is BAMBX's next ex-dividend date? The most recently announced ex-dividend date for BAMBX was 2026-07-22. The next ex-date typically follows Semi-Annual; once announced it appears at the top of the dividend history table on this page. ### How much will BAMBX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.20% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does BAMBX charge its expense ratio? The expense ratio is deducted in tiny daily slices from BAMBX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does BAMBX cost more than a fund like VOO? BAMBX is actively managed (current expense ratio 1.20%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether BAMBX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to BAMBX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as BAMBX (1.20%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/bambx - Distribution history: https://www.dividenddata.com/funds/bambx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/bambx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/bambx/expenses - Peer comparison: https://www.dividenddata.com/funds/bambx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.