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NEW YORK - BlackRock announced it will liquidate 14 U.S.-domiciled mutual funds and ETFs over the coming months as part of its ongoing assessment of how its funds meet investor objectives and evolving client needs.
The liquidations include seven mutual funds and seven ETFs, with liquidation dates scheduled for July 18, August 21, and September 19, 2025. For the ETFs, the last trading date will be August 18, 2025, with liquidation following three days later.
Among the funds being closed are several sustainability-focused products, including the BlackRock Impact Mortgage Fund, BlackRock Impact Municipal Fund, and the iShares ESG Advanced Investment Grade Corporate Bond ETF. Other funds set for liquidation include specialty ETFs such as the iShares Future Cloud 5G and Tech ETF (NYSE: IDAT) and the iShares Inflation Hedged U.S. Aggregate Bond ETF (NYSE: AGIH), which currently offers a 3.74% dividend yield and has shown a 4.31% total return over the past year according to InvestingPro data.
The asset manager noted that investors will continue to incur management fees until the liquidations are complete. Those who sell ETF shares before liquidation will bear standard transaction costs and commissions, and investors may experience capital gains or losses on their investments. AGIH maintains a "GOOD" financial health score according to InvestingPro analysis, with the fund currently trading near its 52-week high of $25.25.
BlackRock currently offers over 700 mutual funds and ETFs in the U.S. market. The company’s sustainable and transition investing platform manages more than $1 trillion in client assets, having grown approximately 850% over the past five years.
The announcement comes as BlackRock continues to evolve its investment platform, which has attracted more than $2.2 trillion in net inflows globally over the past five years, according to the company’s press release statement.
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