BLACKR.CAP.ALL.TR. SBI

We review the CEF market valuation and performance through the first week of February and highlight recent market action. CEFs had a strong week, with most sectors in the green, driven by EM Equity and Muni sectors, and year-to-date gains in both NAVs and discounts. We take a look at why preferred CEFs have sharply outperformed their ETF counterparts last year.» Mehr auf seekingalpha.com

NEW YORK--(BUSINESS WIRE)---- $BBN--Today, BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYSE: BGR), BlackRock Enhanced International Dividend Trust (NYSE: BGY), BlackRock Health Sciences Trust (NYSE: BME), BlackRock Health Sciences Term Trust (NYSE: BMEZ), BlackRock Enhanced Global Dividend Trust (NYSE: BOE), BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI), Bla.» Mehr auf businesswire.com

BCAT delivers a sizeable distribution yield thanks to its 20% managed distribution policy, which seemed to have helped the fund's discount narrow since our prior update. This policy, along with a discount management program, was implemented due to activist pressure from Saba Capital Management, but Saba has recently reduced its stake. Due to recent market volatility, the fund's share price has fallen along with its underlying portfolio; further, its discount has also widened once again, making it a more interesting choice.» Mehr auf seekingalpha.com