|Bid||0.00 x 1300|
|Ask||14.06 x 1300|
|Day's Range||13.51 - 13.59|
|52 Week Range||11.06 - 13.91|
|Beta (3Y Monthly)||-0.02|
|PE Ratio (TTM)||16.88|
|Forward Dividend & Yield||0.80 (5.95%)|
|1y Target Est||N/A|
On September 5, 2019, the Board of Directors/Trustees (the "Board") of each fund listed in the table below (each, a “Fund” and together, the “Funds”) approved a Managed Distribution Plan (the "Plan") for each Fund. Pursuant to the Plan, each Fund will pay a monthly distribution to shareholders at a stated annual rate as a percentage of the 3-month average net asset value (“NAV”) as of July 31, 2019 for each applicable Fund. Payment of monthly distributions under each Fund’s Plan will commence in October 2019.
Certain BlackRock closed-end funds announced distributions today as detailed below. BlackRock Florida Municipal 2020 Term Trust declared its June and July distribution early.
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.
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.