BHK - BlackRock Core Bond Trust: A Leveraged Bet On Quality Fixed Income
Fund Overview — The BlackRock Core Bond Trust (BHK)
(Source: Fund Factsheet)
With diversified holdings in corporate bonds, this closed-end fund seeks to deliver high current income and capital gains to its investors. While the vast majority of the holdings are investment grade, the fund attempts to enhance returns by using leverage and allocating assets to long duration and high yield bonds. Notwithstanding that long duration securities have been getting hammered, its possible that bonds have found their bottom and now presents a great opportunity to pick up shares cheaply. As such,