BlackRock Credit Allocation Income Trust Aktie News

BlackRock Credit Allocation Income Trust is a debt-focused closed-end fund that boasts a 9.23% current yield. The BTZ closed-end fund claims to invest in a combination of floating-rate and fixed-rate debt, but the portfolio is almost entirely in fixed-rate assets with floating-rate securities an afterthought. The BTZ fund substantially underperformed competing funds that are more flexible in th...

NEW YORK--(BUSINESS WIRE)--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Municipal Funds: Declaration- 3/1/2024   Ex-Date- 3/14/2024   Record- 3/15/2024   Payable- 4/1/2024 National Funds Ticker Distribution Change From Prior Distribution BlackRock Municipal Income Quality Trust* BYM $0.052500 - BlackRock Long-Term Municipal Advantage Trust* B...

NEW YORK--(BUSINESS WIRE)--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Certain BlackRock Municipal Funds previously declared their February distributions. Taxable Municipal Fund: Declaration- 2/1/2024 Ex-Date- 2/14/2024 Record- 2/15/2024 Payable- 2/29/2024 Fund Ticker Distribution Change From Prior Distribution BlackRock Taxable Municipal Bo...

The BlackRock Credit Allocation Income Trust offers a current yield of 9.68%, lower than other debt funds in the market. The fund's shares have increased by 7.19% since October 12, 2023, outperforming the Bloomberg U.S. Aggregate Bond Index. BTZ's performance history suggests competent management, but it favors fixed-rate securities over floating-rate securities, which may impact performance.

NEW YORK--(BUSINESS WIRE)--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. BlackRock Floating Rate Income Trust (NYSE: BGT), BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE: FRA) and BlackRock Debt Strategies Fund, Inc. (NYSE: DSU) announced increases to their monthly distributions. Certain BlackRock municipal Funds previously declare...

Investment-grade corporate-focused closed-end funds offer attractive fixed-income options with higher yields in the current higher-rate environment. Leverage and discounts/premiums in CEFs add volatility to consider when investing in these funds, which would otherwise be for more conservative investors. Besides the higher yields, when rates decline investment-grade funds should see a significan...

NEW YORK--(BUSINESS WIRE)--Today, BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYSE: BGR), BlackRock Enhanced International Dividend Trust (NYSE: BGY), BlackRock Health Sciences Trust (NYSE: BME), BlackRock Health Sciences Term Trust (NYSE: BMEZ), BlackRock Enhanced Global Dividend Trust...

The BlackRock Credit Allocation Income Trust offers a high yield of 10.29%, but it is lower than other fixed-income closed-end funds. The BTZ closed-end fund has outperformed its peers in the past, but may have been slower to adapt its strategy to higher interest rates. The BTZ fund's leverage is above the preferred level, but it is not out of line with other debt-focused closed-end funds.