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

  • Positive stock and bond returns helped the fund deliver positive performance for the month. Many equity indices ended the quarter at record highs amidst a strong earnings and broader growth backdrop.
  • We trimmed corporate credit where spreads have compressed in favor of equities, where we believe there is more scope for upside given the strong growth backdrop. We also cut duration and added to TIPs and floating rate in light of stickier inflation and risks to the timing of Fed easing.

The fund has delivered higher yield than global stocks or bonds

The fund has delivered higher yield than global stocks or bonds

Source: Morningstar. Data as of 03/31/24 since strategy inception (11/28/11). Fund data based on Institutional share class. Other share classes will vary. Average fund yield shown is 30-day SEC yield as of 03/31/2024: 6.19% (subsidized); 6.08% (unsubsidized). Core bonds represented by Bloomberg U.S. Aggregate Bond Index. Global equities represented by MSCI World Index. Past performance is no guarantee of future results. Index performance shown for illustrative purposes. It is not possible to invest directly in an index. Must be preceded or accompanied by a prospectus.

Performance data quoted represents past performance and is no guarantee of future results. Investment returns and principal values may fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. All returns assume reinvestment of dividends and capital gains. Current performance may be lower or higher than that shown. Refer to for most recent month-end performance.