Puerto Rico's governor stunned the market in late June with the announcement that the island s significant debt was "not payable." BlackRock's Municipals Teams offers an analysis and discusses why Puerto Rico isn't a systemic threat.
The Fed is gearing up to raise interest rates, but there are some pretty big factors that will work to keep longer-term rates relatively subdued. Rick Rieder, Chief Investment Officer of Fundamental Fixed Income, looks beyond the Fed.
Overall creditworthiness among state and local issuers of municipal debt remains strong. But investors might expect more headlines around stressed names as budget battles and court challenges over pension reform persist this summer.
The latest legal challenge to the Affordable Care Act is set for Supreme Court ruling in June. Read why Erin Xie, Portfolio Manager of the BlackRock Health Sciences Opportunities Fund, is unshaken and sees great potential in health care stocks.
One of the tried-and-true mantras of investing is the importance of diversification. But not all diversification is created equal, and one way to achieve broader diversification is through alternative investing.
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.