BGIO News and Press, BlackRock 2022 Global Income Opportunity Trust of Beneficial Interest

The market rallied back from two and a half weeks of losses to finish the week in the green. The "sell the rumor, buy the news" adage comes to mind. It is unlikely we are out of the woods just yet - especially if the war escalates to include neighbors, or worse, NATO. I would be cauti...

BGIO is a fixed income CEF that seeks to distribute a high level of current income. BGIO is a term fund meaning it has a set maturity date. The final liquidating distribution is set to be made on or around December 31, 2021. All distributions paid after the date of the adoptio...

Launched in 2017 with the goal of providing investors with a return of 500bps over the 1-3 mo T-Bill rate, BGIO will complete its liquidation at the end of 2021. Based on its performance, BGIO will have met that goal with its yield but its CAGR appears to be coming up short. For i...

15 out of 24 CEF sectors positive on price and 6 out of 24 sectors positive on NAV last week. PCF and RIV rights offering results. Guggenheim mergers are completed. For further details see: Weekly Closed-End Fund Roundup: PCF, RIV Rights Offering Results, Guggenheim Merg...

Gainers: CURO Group Holdings (NYSE:CURO) +10%. Fathom Holdings (NASDAQ:FTHM) +10%. BlackRock 2022 Global Income Opportunity Trust (NYSE:BGIO) +6%. Losers: CNFinance Holdings (NYSE:CNF) -17%. Victory Capital Holdings (NASDAQ:VCTR) -11%. Xiaobai Maimai (NASDAQ:HX) -10%. Comstock Holding Compani...

21 out of 24 CEF sectors positive on price and 22 out of 24 sectors positive on NAV last week. US equity leads while emerging market income lags. Asia equity is the highest-yielding CEF sector. For further details see: Weekly Closed-End Fund Roundup: November 7, 2021

BlackRock 2022 Global Income Opportunity Trust  (NYSE:BGIO) declares $2.017/share monthly dividend, in line with previous. Forward yield 516.96% Payable Nov. 30; for shareholders of record Nov. 15; ex-div Nov. 12. See BGIO Dividend Scorecard, Yield Chart, & Dividend Growth. For fur...

In June BlackRock announced a plan of liquidation for BlackRock 2022 Global Income Opportunity Trust (NYSE: BGIO, CUSIP: 09258P104) in accordance with its investment objective of terminating on or before February 28, 2022. Under BGIO’s plan of liquidation, the fund began ...

Major indices hit record highs again this week with mid-caps joining large-cap at all-time highs. August was the seventh consecutive month of gains for the S&P. Discounts widened for the third straight week with taxables going from 2.21% on August 15 to +0.68% on September 5. Whil...

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. ...