When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
WFCNP - BIT: Investing In This High-Yielding CEF Might Be A Risky Play For Present Turbulent Times
Wells Fargo & Co D/E Pfd
This time, we will present our readers with the BlackRock Multi-Sector Income Trust (BIT) which was incorporated back in February 2013. It is structured as a closed-end fund and has a total AUM of approximately $520 million. It has been distributing its shareholders a monthly dividend payment of $0.1237 per share over the last couple of months. That makes up an interesting 10.80% dividend yield as of April 9, 2020. Based on our analysis, we believe that the fund will have to increase its share of return of capital in order to be