BlackRock Converts Two Global Allocation Mutual Funds Into Active ETFs; Launches BDYN & BDVL To Deliver $50B Platform Expertise In ETF Form

The ETFs are managed by a portfolio team led by Rick Rieder, CIO of Global Fixed Income

Today, BlackRock announced the conversion of two mutual funds from its Global Allocation suite into active ETFs, creating the iShares Dynamic Equity Active ETF (NASDAQ: BDYN) and the iShares Disciplined Volatility Equity Active ETF (NASDAQ: BDVL). The Funds offer access to the expertise of BlackRock's $50 billion Global Allocation platform in the convenience and efficiency of an ETF.