BlackRock Impact Bond Fund 

The fund's objective is to generate both current income and appreciation in capital. It pursues this goal by building a diversified portfolio predominantly comprised of debt instruments, utilizing advanced model-driven approaches for both strategic asset allocation and the selection of individual securities. Prior to investing, BlackRock's management diligently vets potential issuers, excluding those that do not align with its internal Environmental, Social, and Governance (ESG) standards. Typically, the fund commits a substantial portion—at least 80%—of its total assets to fixed-income investments.