BlackRock launches high income multi-asset fund

To 'broaden income sources'

BlackRock has launched the Dynamic High Income fund with a flexible approach to asset allocation as income generation continues to be a primary objective for investors.

The fund seeks to deliver consistent high income and an attractive total return through a range of asset classes. This includes global REITs, preferred stocks, floating rate loans, mortgage-back securities and equity call options. It will be managed by Michael Fredericks, Justin Christofel and Alex Shingler from the group's multi-asset income investing team and will employ a "flexible approach to asset allocation". First launched in the US as a 1940 Act mutual fund in 2014, the fund seeks a balance between consistent, high-income and attractive total return, while managing risk relati...