What is the expense ratio of IIMFX?

Bluerock Institutional High Income Credit Fund (IIMFX) charges an expense ratio of 1.97%. This is the annual fee deducted from fund assets to cover management and operations.

What is IIMFX's dividend yield?

IIMFX's trailing-twelve-month yield is 9.66%, calculated from the sum of dividends over the past year divided by the current price.

Bluerock Institutional High Income Credit Fund (IIMFX) manages $82.0M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is IIMFX actively managed or an index fund?

IIMFX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was IIMFX launched?

Bluerock Institutional High Income Credit Fund (IIMFX) launched in April 2023 and is managed by the fund issuer.

IIMFX

Bluerock Institutional High Income Credit Fund

NASDAQ·Asset Management · Financial Services

$22.29$0.02+0.09%

Market closed·Sep 11 8:00 PM UTC

Price Chart

$22.29+$0.02 (+0.09%)today

−9.35%CAGR −2.33%

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FromTo

Jul 11, 2022Jul 11, 2022 → Sep 12, 2026· 4.2 yrsSep 12, 2026

Key Metrics

DistributionDividend Tab

Annual Distribution (FWD)$2.00

Distribution Yield (FWD)8.99%

Annual Distribution (TTM)$2.15

Distribution Yield (TTM)9.66%

Distribution Growth (5Y)—

FrequencyQuarterly

Most Recent$0.50

Ex-Dividend DateJun 30

Payment DateJun 30

Cost & RiskExpenses Tab

Expense Ratio1.97%

Cost per 10k Invested$197

AUM$82.05M

Avg Daily Volume—

Price$22.29

NAV$22.29

Premium / Discount+0.00%

52-Week Range$22.29 – $23.44

Beta−0.07

Fund Overview

The Bluerock High Income Institutional Credit Fund operates as a closed-end investment vehicle, directing its focus towards various investment activities. Its primary goal is to generate income, while a secondary objective involves achieving long-term risk-adjusted returns that outperform the broader markets. This fund was established on August 19, 2021, and its principal operations are based in New York, NY.

Cost Verdict

Is IIMFX's expense ratio expensive, average, or a steal for its category?

Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

Issuer: —
Asset Class: Equity
Strategy: Thematic
Inception: April 17, 2023
Fund Type: Mutual Fund
Domicile: US
Currency: USD
ISIN: US09630W5040
CUSIP: 09630W504
Website: www.bluerock.com/bluerock-high-income-institutional-credit-fund

Latest News

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Frequently Asked Questions About IIMFX

What does IIMFX invest in?: The Bluerock High Income Institutional Credit Fund operates as a closed-end investment vehicle, directing its focus towards various investment activities. Its primary goal is to generate income, while a secondary objective involves achieving long-term risk-adjusted returns that outperform the broader markets. This fund was established on August 19, 2021, and its principal operations are based in New York, NY.
What is the expense ratio of IIMFX?: Bluerock Institutional High Income Credit Fund (IIMFX) charges an expense ratio of 1.97%. This is the annual fee deducted from fund assets to cover management and operations.
What is IIMFX's dividend yield?: IIMFX's trailing-twelve-month yield is 9.66%, calculated from the sum of dividends over the past year divided by the current price.
How big is IIMFX?: Bluerock Institutional High Income Credit Fund (IIMFX) manages $82.0M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
Is IIMFX actively managed or an index fund?: IIMFX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
When was IIMFX launched?: Bluerock Institutional High Income Credit Fund (IIMFX) launched in April 2023 and is managed by the fund issuer.