BlackRock’s fixed income SMAs
Explore BlackRock’s full platform of fixed income SMAs to address your clients’ needs.
Fixed Income Strategy | Avg. yield to worst (%) | Avg. coupon (%) | Avg. effective duration (yrs) | Fact Sheet | Sample Portfolio | GIPS Composite Report |
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Short-Term Municipal | 3.34 | 5.00 | 2.76 | Fact Sheet | Sample Portfolio | GIPS Composite Report |
Intermediate Municipal | 3.31 | 5.00 | 4.77 | Fact Sheet | Sample Portfolio | GIPS Composite Report |
Long-Term Municipal | 3.52 | 4.93 | 8.01 | Fact Sheet | Sample Portfolio | GIPS Composite Report |
Municipal Opportunities† | 4.30 | 4.97 | 4.51 | Fact Sheet | Sample Portfolio | GIPS Composite Report |
Municipal Ladder 1-5 year | 3.31 | 5.00 | 2.76 | Fact Sheet | Sample Portfolio | GIPS Composite Report |
Municipal Ladder 1-10 year | 3.23 | 5.00 | 3.82 | Fact Sheet | Sample Portfolio | GIPS Composite Report |
Municipal Ladder 5-15 year | 3.35 | 5.00 | 5.56 | Fact Sheet | Sample Portfolio | GIPS Composite Report |
Municipal Ladder 10-20 year | 3.60 | 4.91 | 6.05 | Fact Sheet | Sample Portfolio | GIPS Composite Report |
*For illustrative purposes only. Past performance is not indicative of future results. Portfolio characteristic data is pulled from the respective sample portfolio. The portfolio characteristics shown are the
data points most requested by Financial Advisor clients. Please click on the sample portfolio link for more information. Data as of June 3, 2024.
† BlackRock Allocation Target Shares (BATS) mutual funds available for use within BlackRock Separately Managed Account Strategies
Fixed Income Strategy | Avg. yield to worst (%) | Avg. coupon (%) | Avg. effective duration (yrs) | Fact Sheet | Sample Portfolio | GIPS Composite Report |
---|---|---|---|---|---|---|
Short-Term Taxable | 5.01 | 3.81 | 1.77 | Fact Sheet | Sample Portfolio | GIPS Composite Report |
Intermediate Taxable | 4.97 | 3.16 | 4.27 | Fact Sheet | Sample Portfolio | GIPS Composite Report |
Fundamental Core Taxable | 4.97 | 3.12 | 5.97 | Fact Sheet | Sample Portfolio | GIPS Composite Report |
Short Duration† | 5.17 | 3.79 | 1.78 | Fact Sheet | Sample Portfolio | GIPS Composite Report |
Core Bond† | 5.00 | 3.33 | 6.01 | Fact Sheet | Sample Portfolio | GIPS Composite Report |
Government/Corporate Taxable | 4.69 | 2.77 | 6.20 | Fact Sheet | Sample Portfolio | GIPS Composite Report |
Corporate Ladder 1-5 year | 5.30 | 4.05 | 2.42 | Fact Sheet | Sample Portfolio | GIPS Composite Report |
Corporate Ladder 1-10 year | 5.12 | 3.80 | 4.12 | Fact Sheet | Sample Portfolio | GIPS Composite Report |
*For illustrative purposes only. Past performance is not indicative of future results. Portfolio characteristic data is pulled from the respective sample portfolio. The portfolio characteristics shown are the
data points most requested by Financial Advisor clients. Please click on the sample portfolio link for more information. Data as of June 3, 2024.
† BlackRock Allocation Target Shares (BATS) mutual funds available for use within BlackRock Separately Managed Account Strategies
A discussion on fixed income SMAs: Hear from the experts
Kevin Staub, SMA Commercial Strategy and Duane Liedl, Senior Portfolio Manager discuss fixed income SMAs and how BlackRock is partnering with advisors to help deliver personalized solutions to their clients.
Why SMAs for fixed income investors?
A fixed income SMA is a portfolio of individual bonds that blends the benefits of direct ownership and institutional asset management. The unique structure of an SMA can provide benefits to both advisors and their clients.
Why BlackRock for fixed income SMAS
Scale matters when trading municipal bonds
BlackRock customizes fixed income SMAs across five dimensions
FAQ's
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Not all bonds are created equal. Some of the key differences between municipal and taxable bonds include the issuer and type of projects that will be funded, risk profile, yields and tax implications. It is important to consider the potential benefits and risks of each when deciding the best option for your specific situation.
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Taxes vary according to the type of bond you own. Tax-equivalent yield is the return calculation that puts a taxable and tax-exempt bond on equal footing. To calculate tax-equivalent yield, divide the municipal (tax-free) yield by 100% minus the investor’s tax bracket. This formula helps in comparing municipal and taxable bonds.
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Bonds typically pay interest on a semiannual basis, or every 6-months.
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- Bonds / Fixed Income
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Bonds / Fixed Income
Strategic Income Opportunities Fund
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Bonds / Fixed Income
Total Return Fund
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Bonds / Fixed Income
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Bonds / Fixed Income
Rotation to Duration: Seeking a More Resilient Portfolio
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Bonds / Fixed Income
No time to yield: Getting your clients into bonds
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Bonds / Fixed Income
Taking Stock of (and in) Markets
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Tax
There’s Still Time to Reduce Tax Drag
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Bonds / Fixed Income
The Fixed Income opportunity for 2024
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Tax
Rising muni yields can create opportunity for tax-aware investors
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Tax
Play offense: Tax-loss harvest bond funds to help lower tax bills
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Bonds / Fixed Income
What’s going on with the rise in rates?
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Bonds / Fixed Income
7 Ways to use iBonds® ETFs to help your clients and your practice
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Bonds / Fixed Income
Drive for Show, Putt for Dough
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Bonds / Fixed Income
How bond ETFs can help advisors reshape client portfolios
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Multi-Asset
Making the Move to Mortgage-Backed Securities
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Bonds / Fixed Income
Inflation, Interest Rates, and your Bond Portfolio
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Bonds / Fixed Income
Yields are back and it may be time to rethink your allocation
Apr 13, 2023 | By Karen Veraa, CFAYields are back and advisors have an opportunity to rethink their clients’ overall asset allocation – and the tools they use to build fixed income portfolios. -
Multi-Asset
The new environment for cash investing
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Bonds / Fixed Income
Housing is about more than just where we live…
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