BlackRock Files for Launch of New Active Fixed Income ETF

Share post:

BlackRock, the world’s largest asset manager, has filed with the Securities and Exchange Commission to introduce the BlackRock Total Return ETF, an actively managed fund aiming to outperform the Bloomberg U.S. Aggregate Bond Index. This ETF, managed by Rick Rieder, BlackRock’s Chief Investment Officer of Global Fixed Income, follows the success of the BlackRock Flexible Income ETF (BINC), which was launched in May. With over $2.42 trillion in assets under management across 421 ETFs, BlackRock continues to meet investor demand for actively managed funds. The BlackRock Total Return ETF will primarily invest in a diversified portfolio of fixed-income securities, including corporate bonds, mortgage-backed securities, and government obligations. It mirrors the same index as its mutual fund counterpart, the BlackRock Total Return Fund (MAHQX), and seeks to leverage the benefits of ETFs, such as competitive fees and ease of investing, compared to traditional mutual funds.

ETF Newz Says:

BlackRock, the world’s largest asset manager, has filed with the Securities and Exchange Commission to introduce the BlackRock Total Return ETF, an actively managed fund aiming to outperform the Bloomberg U.S. Aggregate Bond Index. This ETF, managed by Rick Rieder, BlackRock’s Chief Investment Officer of Global Fixed Income, follows the success of the BlackRock Flexible Income ETF (BINC), which was launched in May. With over $2.42 trillion in assets under management across 421 ETFs, BlackRock continues to meet investor demand for actively managed funds. The BlackRock Total Return ETF will primarily invest in a diversified portfolio of fixed-income securities, including corporate bonds, mortgage-backed securities, and government obligations. It mirrors the same index as its mutual fund counterpart, the BlackRock Total Return Fund (MAHQX), and seeks to leverage the benefits of ETFs, such as competitive fees and ease of investing, compared to traditional mutual funds.

Related

Maintain Your Horses! A Space Bitcoin ETF May perhaps well also Already Be Priced into Crypto.

There is a growing belief that the recent price surge in bitcoin could already factor in the potential approval of a spot Bitcoin ETF- a pivotal strategic investment move that holds significant influence in the crypto market. Investors and financial enthusiasts alike are keenly awaiting regulatory approval, a decision that could potentially catalyze the future growth trajectory of bitcoin prices. This speculation underscores not only the potential value that bitcoin holds as a digital asset but also the evolving role of institutional reactiveness in the cryptocurrency landscape.

Tim Draper’s Bold Prediction: Bitcoin (BTC) Price Set to Skyrocket to $250K!

In the world of finance, Bitcoin is increasingly recognized as a transformative force. With the potential to challenge...

Bitcoin ETF: Navigating the Perils of SEC Rejection and Fierce Opposition from Funds

A recent court order has directed the Securities and Exchange Commission (SEC) to reconsider its denial of Grayscale's...

Nike’s Shocking 10% Plunge: Sales Outlook Slashed

Nike, a leading athletic apparel⁢ company, ⁣recently announced plans to reduce costs by $2 ‍billion over the next...