BlackRock Resources and Price, Forecast, Insider, Ratings, Fundamentals & Signals

New york--(business wire)---- $bbn--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 (nyse: boe), blackrock utilities, infrastructure & power opportunities trust (nyse: bui), bla.

New york--(business wire)---- $bbn--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 (nyse: boe), blackrock utilities, infrastructure & power opportunities trust (nyse: bui), bla.

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* bta $0.043500 - blackrock muniassets fund, inc.* mua $0.055500 - blackrock municipal income fund, inc.

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 (nyse: boe), blackrock utilities, infrastructure & power opportunities trust (nyse: bui), bla.

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 (nyse: boe), blackrock utilities, infrastructure & power opportunities trust (nyse: bui), bla.

We look to extract more value from the price we pay. It allows us to generate strong income and achieve growing total returns. We discuss two picks to enjoy up to 8% yields.

The current portfolio of the BlackRock Resources & Commodities Strategy has over 22% upside potential on consensus price targets for 2024. However, fundamentals seem weak to support market multiple expansion with EPS growth of -2% in 2024 and 8% in 2025. The current MDP that provides an 8% distribution yield is not funded by holding dividends nor call options writing and may dip into capital.

For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.

BlackRock Resources & Commodities Strategy Trust is an equity closed-end fund that invests in commodity-focused stocks. BCX currently has a significant 14% discount to its Net Asset Value, providing an opportunity for investors to gain exposure to its portfolio at a reduced price. BCX offers a substantial 7.00% dividend yield, which could become even more attractive if interest rate cuts materialize. Additionally, the fund's weighted consensus estimates suggest a potential upside of 19%.

BlackRock Resources & Commodities Strategy Trust is a closed-end fund that focuses on high current income from stocks in the commodity and natural resources industries. BCX has historically outperformed a passive ETF, adding 1-2% in active returns. However, I am concerned about a weak global economy, particularly in commodity-hungry China. Therefore, recommend investors stay on the sidelines for now.

2 Top Dividends To Buy In February, Yields Up To 7.8%

Retirement requires a steady stream of income, no matter what storms are coming. Commodities are being left behind, a poor choice by many. Reframe your understanding and lock up outstanding income.

BlackRock Resources & Commodities Strategy Trust is a closed-end fund focused on non-real estate hard assets such as energy, mining, and agriculture sectors. The fund has underperformed in terms of total returns over the last decade. BCX currently trades at a solid discount to NAV and offers a big yield.

For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.

Steve Eisman believes the era of investing in hyper-growth sectors is over. The “Big Short” investor finds meaningful opportunities in the fixed-income camp, construction, utilities, and materials. We are actively buying this asset class, and discuss our top picks in this category with up to ~10% yields.