BlackRock boosts high yield range with fixed maturity bond fund

BlackRock has launched a high yield fixed maturity bond fund in response to demand for alternative returns sources and income-focused diversified bond portfolios.

The BSF USD High Yield Fixed Maturity Bond Fund is a fixed term high yield bond strategy with an expected five-year maturity. It aims to deliver regular income while providing improved downside protection and mitigated volatility against the broad US high yield market. 

The fund, which will be managed by senior US high yield portfolio manager Mitchell Garfin, invests in US dollar-denominated high yield corporate bonds, with maturities predominately around five years.

Garfin said: “Investors are diversifying the ways in which they access the bond markets. Fixed maturity portfolios are gaining traction as their hybrid structure allows investors to enjoy the diversification benefits of investing in a mutual fund while mitigating the risks of a concentrated portfolio of individual bonds. “

The fund is registered for sale in Austria, Belgium, Switzerland, Germany, Denmark, Spain, France, Ireland, Italy, Luxembourg, Netherlands, Norway, Finland, Sweden, the UK and distributed in Latin America.

©2018 funds europe

HAVE YOU READ?

THOUGHT LEADERSHIP

Innovative US companies are providing some of the solutions to the climate crisis and transition to a more sustainable economy. We see potential opportunities in areas including renewable energy and…
FIND OUT MORE
This white paper outlines key challenges impeding the growth of private markets and explores how technological innovation can provide solutions to unlock access to private market funds for a growing…
DOWNLOAD NOW

IRELAND SPOTLIGHT

Visit our dedicated Ireland channel for all the latest news and analysis on the country's investment industry.
READ MORE

PRIVATE MARKETS FUND ADMIN REPORT

Private_Markets_Fund_Admin_Report

LATEST PODCAST