12.10 0.00 (0.00%)
After hours: 4:17PM EST
|Bid||11.86 x 800|
|Ask||12.20 x 800|
|Day's Range||12.09 - 12.17|
|52 Week Range||11.06 - 12.78|
|Beta (3Y Monthly)||0.45|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.80 (6.68%)|
|1y Target Est||N/A|
BlackRock Advisors, LLC (“BlackRock”) announced today certain information regarding the investment policies for BlackRock Credit Allocation Income Trust (BTZ) (the "Fund"), including a change to a non-fundamental investment policy. The policies as described below are intended to provide greater flexibility for BTZ to continue to invest in what BlackRock believes are the most attractive credit opportunities. The Fund’s Board of Trustees has approved changes to a non-fundamental investment policy of the Fund, as set forth below.
The BlackRock registered closed-end funds (each a "Fund" and collectively, the "Funds") announced today that Henry Gabbay will become an independent director/trustee of each Fund on January 1, 2019. Mr. Gabbay is a director/trustee of certain BlackRock open-end funds. For additional information on BlackRock, please visit www.blackrock.com | Twitter: @blackrock | Blog: www.blackrockblog.com | LinkedIn: www.linkedin.com/company/blackrock.
Certain BlackRock closed-end funds announced distributions today as detailed below. Certain municipal Funds announced a decrease in their monthly distribution rates. Generally, these distribution changes were made in order to better align the applicable Funds’ distribution rates with their current and projected level of earnings.
Replay information is now available for BlackRock’s fixed income outlook & tax loss strategies closed-end fund conference call that was held on Wednesday, October 17th. To coincide with the call, BlackRock has published a market insights piece that highlights BlackRock’s views on closed-end fund tax loss selling strategies heading into year-end.
BlackRock will host a fixed income outlook & tax loss strategies closed-end fund conference call on Wednesday, October 17th at 4:15pm ET.
BlackRock Advisors, LLC announced today that the Boards of Directors/Trustees of twenty BlackRock taxable fixed-income and equity closed-end funds have authorized the renewal of open market share repurchase programs .