FINANCIAL_SERVICESAMENDED

Board Liquidates BlackRock Multi-Asset Income Fund Holding

The Board voted unanimously to liquidate the BlackRock Multi-Asset Income Fund position, keeping $2 million in cash and shifting the balance equally to Fidelity 500 Index and Baird Aggregate Bond funds. This action effectively removes BlackRock's multi-asset income strategy from the portfolio.

Status
AMENDED
Document date
May 22, 2025
Contract type
FINANCIAL_SERVICES
Vendor
Blackrock Multi-asset Income Fund
Agency
City of Delray Beach · FL

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Renewal
Allocation to this fund is being fully redeemed and reallocated; the fund will no longer be used in the plan's lineup following execution of the sale.
Document type
Minutes
Source document
city-of-delray-beach-retirement-system-meeting-minutes-may-22-2025_a39.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Delray Beach?

Blackrock Multi-asset Income Fund was awarded this financial services contract by City of Delray Beach, as recorded on May 22, 2025.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in city-of-delray-beach-retirement-system-meeting-minutes-may-22-2025_a39.pdf (Minutes), dated May 22, 2025 from City of Delray Beach. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Blackrock Multi-asset Income Fund hold?

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