BONDS / FIXED INCOME

Monthly Commentary: Multi-Asset Income Fund

Jun 17, 2025

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 update

  • The fund (Institutional share class) delivered a positive return of 1.7%, outperforming its new performance benchmark* by 0.7% in May.

*The fund introduced a performance benchmark of 33.34% MSCI World High Yield Dividend Index, 33.33% Bloomberg U.S. Corporate High Yield 2% Issuer Capped Index and 33.33% Bloomberg U.S. Aggregate Bond Index on April 30th, 2025. This benchmark is in addition to the existing risk benchmark comprised of 50% MSCI World Index and 50% Bloomberg U.S. Aggregate Bond Index.

View fund commentary

Since inception of the strategy, the fund has provided a consistent and compelling level of monthly income.

mai monthly

Source: Morningstar and Bloomberg. Fund yield is 30-day SEC yield (subsidized), Institutional share class. Core bonds: Bloomberg U.S. Aggregate Bond Index. Global equities: MSCI World Index.

Alex Shingler
Alex Shingler
Co-Head of Income Investing, Multi-Asset Strategies & Solutions
Alex Shingler, CFA, Managing Director, is co-head of Income Investing for BlackRock’s Multi-Asset Strategies & Solutions group. He is a portfolio manager for a number of income strategies including the Multi-Asset Income Fund, Dynamic High Income Fund, and Managed Income Fund.
Justin Christofel
Justin Christofel
Co-Head of Income Investing, Multi-Asset Strategies & Solutions
Justin Christofel, CFA, CAIA, Managing Director, is co-head of Income Investing for BlackRock’s Multi-Asset Strategies & Solutions group. He is a portfolio manager for a number of income strategies including the Multi-Asset Income Fund, Dynamic High Income Fund, Managed Income Fund, and Multi-Asset Income model portfolios.

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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 blackrock.com for most recent month-end performance.

To obtain more information on the fund, including the standardized average annual total returns as of the most recent calendar quarter and current month-end, please visit Multi-Asset Income Fund.