New York, NY – Investing in funds involves various risks that potential investors must consider before making any decisions. It’s crucial to understand that the fund’s portfolio is actively managed, leading to varying characteristics that may change over time. While the holdings listed should not be taken as advice to buy or sell securities, it’s important to note that bond values are subject to fluctuations based on market conditions. Investors face fixed income risks related to interest rates and credit, meaning that when interest rates rise, bond values typically decrease. Credit risk also impacts investments, as it refers to the potential of the bond issuer being unable to meet payments. Moreover, the fund may utilize derivatives to either hedge its investments or aim for higher returns, but this practice comes with liquidity, leverage, and credit risks that can affect returns and increase volatility. International investing presents its own set of risks, such as political risks, currency fluctuations, illiquidity, and volatility, with these risks being more pronounced in emerging markets.
The opinions expressed by the fund’s portfolio management team are current as of June 30, 2024, but are subject to change as conditions evolve. The information and opinions discussed are derived from sources—both proprietary and nonproprietary—that BlackRock deems reliable, but they are not guaranteed to be entirely accurate or comprehensive in nature. BlackRock compensates for obtaining or using third-party ratings and rankings, adding another layer of complexity to the investment landscape.
It’s essential for potential investors to carefully consider the fund’s investment objectives, risks, charges, and expenses before deciding to invest. Detailed information can be found in the prospectus and, where available, the summary prospectus, offering a comprehensive guide to the fund and other BlackRock offerings. Individuals can access this information, along with details on other BlackRock funds, by contacting 800-882-0052 or consulting their financial advisor. Reading the prospectus thoroughly before making any investment is strongly advised.
Investing in Class R shares is limited to select investors, including specific retirement plans, as outlined in the prospectus. The Bloomberg U.S. Aggregate Bond Index encompasses the entire U.S. investment-grade bond market, providing a broad overview of the sector. When considering potential investments, it’s vital to acknowledge the risks involved and conduct thorough research to make informed decisions. As the investment landscape continues to evolve, staying informed and seeking professional advice are crucial steps for navigating the market successfully.
