Rick Reider, Scott Thiel and Bob Miller

The fund is managed in a team based approach with over 150 individuals responsible for research across the various sectors and selection of individual securities. However, overall responsibility for allocation of risk rests with three key individuals as detailed below:

Rick Rieder, Managing Director, is BlackRock’s Chief Investment Officer of Fundamental Fixed Income, Co-head of Americas Fixed Income and a member of the Executive Committee of the firm-wide Alpha Strategy business. He is also a member of BlackRock’s Global Operating Committee. He joined Blackrock in 2009.

Scott Thiel, Managing Director, is BlackRock’s Deputy Chief Investment Officer of Fixed Income, Fundamental Portfolios, and Head of European and Global Bonds. He is a member of the Fixed Income Executive Committee and the EMEA Executive Committee. He joined Blackrock in 2002.

Bob Miller, Managing Director, is Head of the Multi-Sector Retail & Rates team within BlackRock’s Americas Fixed Income Group and a member of the Americas Fixed Income Executive Team. He is a portfolio manager of BlackRock’s Core Bond, Total Return and Strategic Income Opportunities Funds.