Welcome to our dedicated page for Bluerock High Income Institutional Credit Fund;A news (Ticker: IIMAX), a resource for investors and traders seeking the latest updates and insights on Bluerock High Income Institutional Credit Fund;A stock.
Bluerock High Income Institutional Credit Fund (IIMAX) provides institutional-grade private credit exposure through collateralized loan obligations (CLOs) and senior secured loans. This news hub offers investors timely updates on quarterly distributions, portfolio diversification strategies, and market positioning within the structured finance sector.
Access essential updates including earnings announcements, CLO acquisitions, and strategic partner developments. Our curated news collection enables informed analysis of the Fund’s income generation capabilities while monitoring key risk factors inherent to credit-focused investments.
Discover updates on liquidity management through quarterly repurchase offers, fee structure adjustments, and regulatory filings. Content spans operational developments, portfolio rebalancing activities, and expert commentary on floating rate loan environments.
Bookmark this page for centralized access to IIMAX’s latest financial communications. Regularly updated information supports ongoing due diligence for income-oriented investors navigating alternative fixed income markets.
Bluerock High Income Institutional Credit Fund announced its Q4 2024 distribution at a 12.2% annualized rate, marking its tenth consecutive quarterly distribution. The Fund achieved a 13.7% total return in 2024 and paid approximately $0.72 per share for Q4 2024 shareholders.
The Fund has strategically diversified its portfolio in 2024, focusing on senior positions within the CLO structure. As of December 31, 2024, it manages approximately $177 million in net assets and maintains positions in 93 collateralized loan obligations, representing about $30 billion in aggregate underlying loan value across over 2,250 senior secured loans.
The Fund's I-Share (IIMWX) performance shows a 13.70% one-year return and a 10.08% return since its inception in June 2022. The Fund has implemented expense limitations until January 31, 2026, capping net annual operating expenses at 2.10% for A shares, 2.85% for C shares, and 1.85% for I shares.
Bluerock High Income Institutional Credit Fund (IIMAX) announced its Q3 2024 distribution, marking the ninth consecutive quarterly regular distribution at a rate of 2.75% (11% annualized) plus a supplemental distribution of 0.85% (3.4% annualized), totaling a 14.4% annualized rate. Shareholders invested for the entire quarter will receive approximately $0.85 per share. The Fund has paid about $6.40/share in total distributions since its inception on 6.21.2022.
The Fund has diversified its portfolio, investing in more senior positions within the CLO capital structure, reducing potential risk while maintaining double-digit yield generation. It currently holds positions in 68 collateralized loan obligations representing about $25 billion in aggregate underlying loan value, with exposure to approximately 1,850 underlying senior secured loans across various industries. The Fund's net assets under management are approximately $161 million as of September 30, 2024.
