Previous 10 | Next 10 |
BlackRock is seeking to generate income and provide access to private markets using the “closed” fund structure. Closed-end funds have long been used for their income potential - for example, the average closed-end fund yields 6.3% 1 . Unlike other daily liquid funds, ...
We review CEF market valuation and performance over the first full week of October and highlight recent market events. The CEF market took advantage of the rally in stocks and mostly shrugged off the continued rise in Treasury yields. We take a look at CEF seasonality dynamics as ...
BCAT recently went down along with the rest of the market. However, despite the downward pressure, the NAV held up relatively well during this time. This seems to be their hybrid portfolio at work, combining equities and fixed-income. For further details see: BCAT: Dip C...
NUSI is another of these new ETF options that produce a high amount of income as a way of attracting new assets from yield hungry investors. The fund pays a healthy 7.3%+ dividend yield but that is not earned, instead paid out of gains from the underlying index (the Nasdaq 100). T...
BlackRock Capital Allocation Trust (the “Trust”) (NYSE: BCAT, CUSIP: 09260U109) today announced that the Trust has entered into a 179-day rolling line of credit facility (the “Credit Facility”) with BNP Paribas Prime Brokerage International, Limited (“...
While the size of the listed CEF universe pales in comparison to open-end mutual funds or ETFs, CEFs offer investors several potential benefits that are often overlooked. CEFs can offer access to high-growth private markets in an investor-friendly structure. Unlike mutual funds an...
Replay information is now available for the conference call held on Thursday, June 24 th . The call featured Rick Rieder and Phil Ruvinsky, portfolio managers for BlackRock Capital Allocation Trust (NYSE: BCAT) and BlackRock Innovation and Growth Trust (NYSE: BIGZ) , ...
BlackRock will host a conference call on Thursday, June 24 th at 4:00pm ET. The call will feature Rick Rieder and Phil Ruvinsky, portfolio managers for BlackRock Capital Allocation Trust (NYSE: BCAT) and BlackRock Innovation and Growth Trust (NYSE: BIGZ) , respective...
Checking in on BCAT now that it is a bit more settled, the fund no longer has a large allocation to cash. The fund has also slipped to a discount, potentially offering some opportunity to enter into shares. Overall, I like the approach of the fund and the sponsor and feel as thoug...
The proverbial shot-across-the-bow came last week as the markets finally reacted to inflation fears as reflected in the sizzling CPI (Consumer Price Index) and PPI (Producer Price Index) numbers. The closure of the Colonial Pipeline due to a cyber attack didn't help either as gasoline...
News, Short Squeeze, Breakout and More Instantly...
BlackRock Capital Allocation Trust of Beneficial Interest Company Name:
BCAT Stock Symbol:
NYSE Market:
The BlackRock closed-end funds (the “Funds”) listed below announced today the results of the Quarterly Measurement Period (as defined below) under their previously announced discount management programs (the “Programs”). Funds with a Trigger Event (as defined below) at...
A Leading Independent Proxy Advisory Firm Has Now Endorsed Boardroom Change at the BlackRock Innovation and Growth Term Trust, BlackRock ESG Capital Allocation Term Trust, the BlackRock Science and Technology Term Trust and BlackRock California Municipal Income Trust ISS Concludes There a...
A Leading Independent Proxy Advisory Firm Concludes “Direct Intervention at the Board Level is Necessary” Based on the Funds’ Unacceptable Performance and Anti-Shareholder Governance Visit HeyBlackRock.com to Learn How to Vote “FOR” Each of S...