During the same time frame high-yield bonds slumped 26% and bank loans fell 24%, while 5-year Treasuries gained 16%, according to our research (municipal bonds, another high-quality fixed income assetclass, returned 9% over the same time span, as measured by the BarCap 5-year Municipal Bond Index).
The BlackRock segment manages assets on behalf of institutional and individual investors worldwide through a variety of equity, fixed income, multi-asset class, alternative and cash management separate accounts and funds, including iShares.
Not that you need to deprive yourself of yields if you want to get into fixed-income, an assetclass as a whole that has flexed its muscles of late, but you would have had to take on some credit risk.