|Bid||11.38 x 500|
|Ask||11.79 x 2400|
|Day's Range||11.42 - 11.48|
|52 Week Range||11.26 - 11.85|
|PE Ratio (TTM)||5.51|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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 .
Certain BlackRock closed-end funds announced distributions today as detailed below. In addition, several Funds declared special distributions.
Saba Capital Management is using the power of large stakes in closed-end funds to bring about tender offers at smaller-than-usual discounts to net asset values. There are benefits to tendering your shares and disadvantages to holding on.
BlackRock Advisors, LLC announced today that the Boards of Directors/Trustees of twenty BlackRock taxable and equity closed-end funds have authorized the renewal of open market share repurchase programs .
BlackRock Advisors, LLC today announced that, in connection with the liquidation of BlackRock Defined Opportunity Credit Trust , the Fund’s common shares will continue to trade the “regular way” on the New York Stock Exchange through August 2, 2017 and will be suspended from trading before the opening of trading on August 3, 2017.
Certain BlackRock closed-end funds announced distributions today as detailed below. BlackRock Science and Technology Trust, Inc. announced an increase in its monthly distribution rate.
Replay information is now available for BlackRock’s “Seeking Opportunities in a Changing Fixed Income Market” Conference Call that was held on Thursday, June 1st. Additional information on the call can be found below.