In a sea of income-generating exchange-traded funds, BlackRock’s actively managed Flexible Income ETF (BINC) seeks to stand out with a multi-sector approach that balances high quality and high yield. It doesn’t hurt that the fund is being run by Rick Rieder, chief investment officer of fixed income, who oversees $2.8 trillion in fixed income assets for the firm. The ETF, which has a 5.49% 30-day SEC yield, seeks to maximize income and provide investors access to harder-to-reach sectors. “The way we built this portfolio is marrying high yield, investment-grade credit, agency mortgages and securitized [products],” Rieder said. This mixture of high quality and higher yielding assets also help tamp down volatility, he added. BINC mountain 2023-05-23 BINC’s performance since May 23, 2023. The fund debuted on May 23. Since then, it has had a total return of more than 6%, according to…