Multi-Asset Income

A go-anywhere income solution

Improve your income potential with a tactical, unconstrained strategy that sources opportunities across geographies and asset classes. BlackRock Multi-Asset Income Fund takes a risk-first approach while seeking to deliver a consistently attractive yield.

Performance and positioning update

  • Stocks and bonds rallied into year-end driven by soft-landing optimism and improving economic sentiment. The fund delivered a positive return.
  • We added exposure to dividend growth equities and high yield bonds during the month, modestly increasing risk to seek to capitalize upon the improving risk sentiment driven by relatively dovish Fed posturing at the latest Federal Open Market Committee. The growth, jobs, and inflation backdrop likely allow the Fed to cut rates in 2024, although current expectations may be too aggressive, in our opinion.

The fund has delivered higher yield than global stocks or bonds

Investing involves risk, including possible loss of principal.