Fixed income menus used to be simple: Just add a core bond fund for conservative investors at or near retirement, or as a diversifier for do-it-yourself participants. In today’s changing fixed income environment, menu options demand a global perspective and a new focus on risk.

Total Return Fund

Seeks to maximize risk-adjusted total return by investing in a range of fixed income sectors.

Strategic Income Opportunities Fund

A flexible, core bond alternative built to adapt to changing bond markets.

High Yield Bond Fund

Prudently balances risk and return while seeking income opportunities.

Fixed income concerns?

Time to Rethink Fixed Income Menu Options

It's time for plan sponsors to rethink fixed income menu options in their Defined Contribution plans. Explore the reasons why from BlackRock's DC experts.

Investing involves risk, including possible loss of principal.

Diversification and asset allocation may not protect against market risk or loss of principal.

The Funds are actively managed funds and do not seek to replicate the performance of a specified index. The Funds may have a higher portfolio turnover than funds that seek to replicate the performance of an index.

Bond values fluctuate in price so the value of your investment can go down depending on market conditions. The two main risks related to fixed income investing are interest-rate risk and credit risk. Typically, when interest rates rise, there is a corresponding decline in the market value of bonds. Credit risk refers to the possibility that the issuer of the bond will not be able to make principal and interest payments.

Carefully consider the Funds' investment objectives, risk factors, and charges and expenses before investing. This and other information can be found in the Funds' prospectuses or, if available, the summary prospectuses which may be obtained visiting the iShares ETF and BlackRock Mutual Fund prospectus pages. Read the prospectus carefully before investing.