ISRG - BME: Quality Healthcare Fund With 6% Income And An Attractive Discount
2024-07-07 09:00:00 ET
Summary
- BlackRock Health Sciences Trust is a healthcare sector-specific closed-end fund that invests in a fairly diversified portfolio of common stocks in the healthcare sector.
- It currently provides a reasonable yield of 6.3% plus an attractive discount of close to -8% (below NAV).
- The BME closed-end fund has a very decent long-term record of nearly 19 years, matching and even exceeding the performance of the S&P 500. However, the recent near and midterm performance has been lackluster.
Summary
BlackRock Health Sciences Trust ( BME ) is a healthcare sector-specific closed-end fund, or CEF, that invests in a fairly diversified portfolio of common stocks in the healthcare sector....
BME: Quality Healthcare Fund With 6% Income And An Attractive Discount