BCAT: Big Yield, 8% Discount On Fixed Income/Equity Mix

January 03, 2025 09:15:00 am

Source: SeekingAlpha

2025-01-03 09:15:00 ET

Summary

BlackRock Capital Allocation Term Trust offers a balanced mix of 55% equity and 45% fixed income, with a big dividend yield.
BCAT's monthly payout increased significantly in June 2024, resulting in a high yield.
BCAT is currently trading at a 7.79% discount to NAV.

Looking for a high-yield income vehicle with a mix of equity and fixed income? While market pundits had thought that the Fed would embark on a heavy regime of lower rates in 2024, that didn't turn out to be the case, with just two rate cuts thus far. In addition, the Fed's forecast for more rate cuts in 2025 has fallen short of predictions, thus far....

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BCAT: Big Yield, 8% Discount On Fixed Income/Equity Mix