|Bid||10.11 x 1000|
|Ask||11.13 x 800|
|Day's Range||10.57 - 10.60|
|52 Week Range||9.48 - 11.72|
|Beta (3Y Monthly)||0.51|
|PE Ratio (TTM)||14.65|
|Forward Dividend & Yield||0.82 (7.78%)|
|1y Target Est||N/A|
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.
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 .
The Tender Offer, which expired at 5:00 p.m. Eastern time on April 17, 2018, was oversubscribed. Therefore, in accordance with the terms and conditions of the Tender Offer, the Fund will purchase Shares from all tendering stockholders on a pro rata basis, after disregarding "odd lots" and fractions, based on the number of Shares properly tendered ("Pro-Ration Factor"). The final results of the Tender Offer are provided in the table below.
BlackRock Debt Strategies Fund, Inc. announced today the expiration and preliminary results of the Fund's tender offer for up to 10% of its outstanding shares of common stock , or 5,879,192 Shares.
BlackRock Debt Strategies Fund, Inc. announced today the results of the First Measurement Period under its previously announced discount management program .
BlackRock Debt Strategies Fund, Inc. announced today the adoption of a three-year discount management program that is expected to end in 2020. The Fund intends to repurchase its common shares in the Program based on three 3-month measurement periods .