BDJ News and Press, Blackrock Enhanced Equity Dividend Trust From 01/11/24

BlackRock Advisors, LLC (“BlackRock”) released today share repurchase activity for certain BlackRock-advised closed-end funds (the “Funds”) during the quarter ended December 31, 2023. The Funds have authorized open market share repurchase programs (the “Repurcha...

2024-01-06 10:13:00 ET Summary I have a total of 41 positions in my closed-end fund portfolio, with the top ten positions making up 36.52% of the portfolio. We have four new names making their way to my top ten list since the prior update, but three were already positions that hav...

2023-12-19 10:49:08 ET Summary NFJ is a hybrid fund that invests in equity and convertible securities; in addition, the fund employs a covered call strategy. The fund's historical performance has been lackluster, but it is currently trading at a wide discount that could make it mo...

2023-12-19 10:24:05 ET Summary The Madison Covered Call and Equity Strategy Fund offers a 9.92% yield, higher than most equity funds. The MCN closed-end fund has slightly underperformed the S&P 500 Index in the past two months but has a higher yield. The MCN fund's covered...

2023-12-16 20:55:43 ET Summary BlackRock Enhanced Equity Dividend Fund has seen a sharp recovery from the October lows as the fund's discount tightened back up. That said, the fund's discount is still attractive relative to its historical level and could still be considered an att...

2023-12-15 13:00:00 ET Summary Stocks were up slightly as the jobs report shifted the narrative towards 'higher for longer.' The payroll report came in stronger than expected, but the narrative was that it was a hawkish report, meaning higher rates for longer. Discounts for CE...

2023-12-06 09:18:23 ET More on BlackRock Enhanced Equity Dividend Trust BDJ: A Relatively Safe Way To Earn Income And Still Invest In Equities BDJ: Deep Discount Creating A Long-Term Opportunity BlackRock Enhanced Equity Dividend Fund declares $0.0562 dividend ...

2023-12-05 18:43:47 ET Summary BlackRock Enhanced Global Dividend Trust is a closed-end fund that aims to provide income-seeking investors with upside exposure while writing covered calls against a portion of its equity holdings. The BOE closed-end fund offers diversification thro...

2023-12-04 09:15:50 ET Summary The Eaton Vance Enhanced Equity Income Fund II offers a reasonably high level of current income without sacrificing potential stock appreciation. The fund has a yield of 7.47%, lower than other funds with a similar strategy, reducing the appeal of th...

2023-11-25 09:30:00 ET Summary For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatil...