ECAT News and Press, BlackRock ESG Capital Allocation Trust of Beneficial Interest From 08/17/23

2023-08-17 18:06:32 ET Summary High inflation is a major problem in the U.S., pushing up the cost of living and putting pressure on household budgets. Investors can earn income by purchasing shares of closed-end funds like the RiverNorth Opportunities Fund. The RIV closed-end ...

2023-07-16 06:10:11 ET Summary In June, the broader indexes headed higher, with more participation outside of only the mega-cap growth names. As usual, I continue to put capital to work every month, but I've also been letting some cash accumulate, too, as the broader indexes conti...

2023-07-14 06:04:57 ET Summary 18 out of 22 CEF sectors positive on price, and 11 out of 22 sectors positive on NAV last week. Saba files lawsuits against 16 CEFs, seeking to invalidate share control provisions. The battle is heating up. Author’s note: This ...

ISS Recommends ECAT Shareholders Vote FOR the Election of Saba Nominee Ilya Gurevich on the GOLD Proxy Card and DO NOT VOTE on All Incumbent Directors (Cynthia L. Egan, Lorenzo A. Flores, Stayce D. Harris and Catherine A. Lynch) on BlackRock’s WHITE Proxy Ca...

2023-06-14 10:38:06 ET Summary RiverNorth Opportunities Fund is trading at an attractive discount, with a diverse portfolio and exposure to fixed income, SPACs, investment company bonds, and equity. The fund's discount and underlying CEFs' discounts provide potential upside, but l...

2023-06-07 15:38:53 ET Summary Saba Capital has submitted a notice of intent to nominate four independent trustee candidates for BlackRock ESG Capital Allocation Trust's board and present five advisory proposals at the annual meeting. The activist shareholder aims to address the u...

2023-05-09 13:22:54 ET BlackRock ESG Capital Allocation Trust ( NYSE: ECAT ) declared $0.125/share monthly dividend , in line with previous. Forward yield 9.65% Payable May 31; for shareholders of record May 15; ex-div May 12. See ECAT Dividend Scorecard, Yie...

2023-04-30 01:44:27 ET Summary Discounts/premiums are one of the most important metrics for CEFs that can provide opportunities for investors. Closed-end funds often see expanded discounts during volatile years, which we experienced in 2022. Volatility has been coming down in ...

2023-04-19 15:53:10 ET Summary Invesco CEF Income Composite ETF is a fund of closed-end funds. PCEF has outperformed its competitor Amplify High Income ETF in the last 10 years. However, historical return, distribution growth and holding discount are concerning. Bonus: A s...

Please replace the release dated April 11, 2023, with the following corrected version due to changes in the table, "Summary of share repurchase activity since Repurchase Program inception as of March 31, 2023" . The updated release reads: BLACKROCK CLOSED-END FUND SHARE REPURCHASE P...