BFO News and Press, Blackrock Florida Municipal 2020 Term Trust

Last year, we were looking at distribution changes due to the COVID pandemic sell-off. CEFs distribute out most of their earnings as distributions, so they pay relatively higher yields. However, relatively higher yields mean that any downturn is likely to cause distribution cuts. ...

BlackRock Advisors, LLC today announced details regarding the final liquidation of BlackRock Municipal 2020 Term Trust (NYSE:BKK, CUSIP: 09249X109) and BlackRock Florida Municipal 2020 Term Trust (NYSE:BFO, CUSIP: 09250M109) (each, a “Fund” and together, the “Funds&...

BlackRock Advisors, LLC announced today that the Board of each of BlackRock Florida Municipal 2020 Term Trust (NYSE:BFO, CUSIP: 09250M109) and BlackRock Municipal 2020 Term Trust (NYSE:BKK, CUSIP: 09249X109) (each, a “Fund” and together, the “Funds”) approved...

BlackRock Florida Municipal 2020 Term Trust (BFO) declares $0.248/share special dividend.Payable Dec. 22; for shareholders of record Dec. 15; ex-div Dec. 14.See BFO Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: BlackRock Florida Municipal 2020 Term Tru...

The Boards of Trustees of BlackRock Municipal 2020 Term Trust (NYSE: BKK, CUSIP: 09249X109) and BlackRock Florida Municipal 2020 Term Trust (NYSE: BFO, CUSIP: 09250M109) (together the “Funds”) today announced the declaration of a special tax-exempt income cash distribution...

Photo Source: REUTERS/Ralph Orlowski. Bull and bear, symbols for successful and bad trading are seen in front of the German stock exchange (Deutsche Boerse), as markets react to the coronavirus disease (COVID-19) in Frankfurt, Germany, March 25, 2020. For the month, only 3% of all closed-e...

All high-yield assets have been crushed in this market - in some cases worse than equities. Closed-End Bond Funds ("CEFs"), Business Development Companies ("BDCs"), Real Estate Investment Trusts ("REITs"), preferred stocks, and even some mutual funds have been massacred. Why? Investors are...

Note: This article was released to CEF/ETF income Laboratory members on February 21, 2020. Chemist's "Quality" Closed-End Fund Report Quantitative screens help to rapidly narrow down attractive candidates from the database of 500-plus closed-end funds [CEFs] for further due diligence and...

Our weekly commentary goes out each Sunday evening and discusses the relevant CEF news on the week along with general market action. This report was issued on December 8 th to members of Yield Hunting. Macro Picture Last week we saw trade hopes spur the equity markets to new record ...

BlackRock Florida Municipal 2020 Term Trust (NYSE: BFO ) declares $0.0025/share monthly dividend  (Jan. 2020 dividend), -87.5% decrease from prior dividend of $0.02. Forward yield 0.21% Payable Feb. 3; for shareholders of record Jan. 15; ex-div Jan. 14. See BFO Dividend Sco...