|Bid||0.00 x 4000|
|Ask||0.00 x 800|
|Day's Range||11.94 - 12.17|
|52 Week Range||11.94 - 14.63|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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 .
In a recent interview with CNBC, U.S. President Donald Trump unsurprisingly made his discontent known, saying he's "not happy" about the Federal Reserve's latest monetary policy moves to raise interest rates. President Trump's comments also stem from concern that a rising dollar in conjunction with rising rates will discourage investment from abroad. Looking at the U.S. Dollar Index Chart, the greenback has been gaining strength, particularly within the past few months where it has ticked above its 50-day simple moving average. While rising rates may not conjure up thoughts of excitement for President Trump, fixed-income investors allocating their capital into ETFs that feature a floating rate component are rejoicing.
Certain BlackRock closed-end funds announced distributions today as detailed below. In addition, several Funds declared special distributions.