BlackRock Launches Flexible Income ETF

Rick Rieder, from BlackRock, recently discussed the company’s newly launched ETF, the BlackRock Flexible Income ETF (BINC), on “Bloomberg ETF IQ.” The fund, launched at the end of May, is designed to generate long-term income by primarily investing in “harder-to-reach” fixed income sectors, including high yield, emerging markets debt, and securitized assets. BINC aims to provide investors with exposure to diverse fixed income segments, offering potential income opportunities in challenging market environments.