BlackRock Enhanced 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)--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 declared their december, january and february distributions and declared special distributions today in order.

For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns.

BlackRock Enhanced Capital and Income Fund Inc is a closed-end fund that mainly invests in the equities of U.S. listed companies. It also writes call and put options to generate income. The CII CEF has a solid long-term record of performance; however, the yield is a bit on the lower side compared to other similar funds. We believe it is an attractive fund for income investors who do not mind a slightly lower yield in the range of 6% but desire higher long-term growth in return.

BlackRock Enhanced Capital and Income Fund (CII) trades at an attractive discount relative to its long-term level and has strong performance thanks to its tech exposure. CII implements a covered call strategy, which can limit upside potential but brings in options premiums for higher distribution rates. The fund's distribution yield is 6.23% and, naturally, primarily relies on capital gains from its portfolio, which has not been a problem lately.

CII: Decent Income Fund But Don't Expect Much Growth Without Reinvesting Distributions

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.

The Nasdaq and S&P 500 had recently entered correction territory and that volatility pushed some tech-oriented funds to some attractive discount levels where they remain. BlackRock Enhanced Capital and Income (CII) and Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV) have put up solid results and provide monthly distributions to investors. CII and ETV both have an option writing strategy with tech-heavy portfolios.

BlackRock Enhanced Capital and Income Fund (CII) is a solid choice for long-term income investors, offering attractive returns and a steady monthly distribution. However, the fund's narrow discount and even recently trading at a premium to its net asset value should put investors in a more cautious approach. CII's tech-concentrated portfolio has contributed to its performance, and this has helped it pay out a solid monthly distribution to investors over the years.

The BlackRock Enhanced Capital and Income Fund offers a solution for generating additional income to offset rising inflation. The fund's yield is currently 6.41%, higher than the S&P 500 Index or U.S. Utilities Index. The fund's portfolio includes large positions in Microsoft, Alphabet, and Amazon, which may pose risks during a market correction.

BlackRock Enhanced Capital and Income Fund has performed well in 2023 due to its focus on tech-heavy mega-cap growth names. The fund's covered call strategy generates gains for the distribution and potential downside protection in uncertain economic times. Despite some shifts in sector weightings, the fund's top holdings have remained consistent, with a focus on large-cap U.S. companies.

The Enhanced Capital and Income Fund is an equity closed-end fund (CEF) that uses a buy-write strategy. CII writes single-name options instead of index options, which has helped it outperform its peers in 2023, with the introduction of 0DTE options having served as a Index VIX compressor. CII is closely correlated to the S&P 500, and any risk-off event will see this fund drop almost as much as the index.