BlackRock Innovation & Growth Trust

BlackRock Enhanced Equity Dividend Trust

Blackrock Health Sciences Trust

BlackRock Health Sciences Trust II

BlackRock Enhanced Global Dividend Trust

BlackRock Science and Technology Trust II

Constellation Energy Corp

BlackRock Enhanced Capital and Income Fund

Ellsworth Growth and Income Fund

Eaton Vance Tax-Advantaged Dividend Income Fund

abrdn Healthcare Investors 

Nuveen Real Asset Income & Growth Fund

NRG Energy

NXG NextGen Infrastructure Income Fund

PIMCO Dynamic Income Strategy Fund

Vistra Energy

This month, I've added to 11 different positions, but most of these were related to repurchases after the BlackRock tender offers. While I added to 11 different positions, these were all positions I had already held previously, so there were no new positions this month. In fact, I sold out of a fund to consolidate my holdings and reduce the number of funds held, as I did last month as well.

11 Closed-End Fund Buys In The Month Of November 2024

Invesco Global Listed Private Equity ETF

If you've been investing for a while, you've probably thought about private equity more than once. Adding exposure to “PE” firms, which buy and sell privately held businesses, is a great way to diversify beyond the big names of the S&P 500.

Collect 12% Yields By Investing Like A Billionaire In 2025

BlackRock Taxable Municipal Bond Trust

BlackRock Capital Allocation Trust

BlackRock Resources & Commodities Strategy Trust

BlackRock Energy and Resources Trust

BlackRock Enhanced International Dividend Trust

BlackRock Science & Technology

BlackRock Utilities Infrastructure & Power Opportunities Trust

Blackrock ESG Capital Allocation Trust

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.

Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions

NEW YORK--(BUSINESS WIRE)---- $BIGZ--The BlackRock closed-end funds (the “Funds”) listed below announced today the final results of each Fund's tender offer (each, a “Tender Offer”) for up to 2.5% of its outstanding common shares (the “Shares”). The Tender Offers, which expired at 5:00 p.m. Eastern time on November 20, 2024, were oversubscribed for each Fund. Therefore, in accordance with the terms and conditions of the Tender Offers, each Fund will purchase Shares from all tendering shareholders on a pr.

Certain BlackRock Funds Announce Final Results of Tender Offers

NEW YORK--(BUSINESS WIRE)---- $BIGZ--The BlackRock closed-end funds (the “Funds”) listed below announced today the expiration and preliminary results of each Fund's tender offer (each, a “Tender Offer”) for up to 2.5% of its outstanding common shares (the “Shares”). Each Tender Offer commenced on October 18, 2024 and expired at 5:00 p.m. Eastern time on November 20, 2024. Based on preliminary information, the number of Shares properly tendered for each Fund and not withdrawn is noted in the table below.

Certain BlackRock Funds Announce Expiration and Preliminary Results of Tender Offers

One often-overlooked way for closed-end funds (CEFs) to give us a profit boost is for management to buy back a fund's shares.

BlackRock Is Quietly Boosting These 3 Big Closed-End Funds

NEW YORK--(BUSINESS WIRE)---- $BCAT--Today, each of BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT), BlackRock Capital Allocation Term Trust (NYSE: BCAT), BlackRock Health Sciences Term Trust (NYSE: BMEZ), BlackRock Science and Technology Term Trust (NYSE: BSTZ), and BlackRock Innovation and Growth Term Trust (NYSE: BIGZ) (each a “Fund,” and collectively the “Funds”) declared its October distribution early under each Fund's managed distribution plan (“Plan”). Each Fund has adopted a Plan to supp.

Distribution Dates and Amounts Announced for ECAT, BCAT, BMEZ, BSTZ and BIGZ

Blackrock California Muni Income Trust

Blackrock New York Municipal Income Trust

BlackRock MuniHoldings New York Quality Fund Inc

BlackRock MuniYield Pennsylvania Quality Fund

BlackRock MuniYield New York Quality Fund Inc

NEW YORK--(BUSINESS WIRE)--BlackRock Advisors, LLC (“BlackRock”) announced today the final certified voting results of the 2024 Annual Meetings of Shareholders (the “Annual Meetings”) of the ten closed-end funds contested by Saba Capital Management, L.P. (“Saba”): BlackRock Capital Allocation Term Trust (NYSE: BCAT) BlackRock California Municipal Income Trust (NYSE: BFZ) BlackRock Innovation and Growth Term Trust (NYSE: BIGZ) BlackRock Health Sciences Term Trust (NYSE: BMEZ) BlackRock New York.

BlackRock Announces Certified Results of 2024 Annual Meetings of Ten Contested Closed-End Funds

BlackRock Innovation and Growth Term Trust focuses on small and mid-cap technology stocks, including private companies, with a 12% coverage ratio for covered calls. The fund's performance has been underwhelming since October 2022, up only 5% in share price and 25% in total returns, potentially due to its choice of stocks and private holdings. Currently trading at a NAV discount of -13%, the fund pays about 9 cents per share in monthly dividends, subject to change based on NAV fluctuations.

BIGZ: Hasn't Lived Up To Its Potential So Far

NEW YORK--(BUSINESS WIRE)--BlackRock Advisors, LLC (“BlackRock”) announced today that leading independent proxy advisory firm Glass Lewis has issued recommendations for the reelection of ALL of BlackRock's Board nominees and against ALL proposals put forth by dissident shareholder Saba Capital Management, L.P. (“Saba”) at the upcoming contested meetings for ten closed-end funds advised by BlackRock. Glass Lewis has recommended that shareholders vote on the WHITE proxy card: FOR ALL Board nomine.

Glass Lewis Supports ALL of BlackRock's Board Nominees and Rejects ALL of Saba's Proposals to Terminate BlackRock as Investment Adviser at Contested CEF Annual Meetings

NEW YORK--(BUSINESS WIRE)--BlackRock Advisors, LLC (“BlackRock”) announced today that Institutional Shareholder Services Inc. (“ISS”), a leading independent proxy advisory firm, has issued additional supportive reports for BlackRock and its Board nominees at several closed-end funds, and against the proposals put forth by dissident shareholder Saba Capital Management, L.P. (“Saba”). ISS has recommended that shareholders vote: AGAINST ALL proposals to terminate BlackRock as investment adviser of.

ISS Rejects ALL Proposals to Terminate BlackRock as Investment Adviser and Recommends Shareholders Support ALL BlackRock Board Nominees at BCAT, BMEZ, BNY, MPA on WHITE Proxy Card at Upcoming CEF Annual Meetings

India Fund Inc

Nuveen New York AMT

PIMCO Corporate & Income Strategy Fund

Pimco High Income Fund

Cohen & Steers Select Preferred and Income Fund

TCW Strategic Income Fund

XAI Octagon Floating Rate & Alternative Income Term Trust

Technology Select Sector SPDR Fund

Health Care Select Sector SPDR Fund

Taxable bond CEF space value shrinking as discounts tighten. Opportunities exist, especially following activists. Focus on top-down assessment, cheap sectors, and specific funds like Cohen & Steers Select Preferred and Income.

CEF Report | May 2024 | Activism Is Heating Up

Columbia Seligman Premium Technology Growth Func Inc

Every now and then, we have a “big-dividend shootout”—we pit two big payers against each other and see which one wins out.

How To Analyze 8%-Yielding Tech CEFs

NEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. (together with its affiliates, “Saba” or “we”) today issued a presentation detailing its plan to deliver shareholder value at 10 BlackRock Advisors, LLC (“BlackRock”) closed-end funds (collectively, the “Funds”).1 The presentation can be viewed here. As a reminder, Saba has submitted proposals to (i.) elect new, independent directors to each of the Funds' Boards of Trustees, and (ii.) terminate the management agreement between BlackRock a.

Saba Capital Releases Presentation Detailing Plan to Deliver Enhanced Shareholder Value at 10 BlackRock Closed-End Funds

NEW YORK--(BUSINESS WIRE)--Today, the Board of Trustees of each of BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT), BlackRock Capital Allocation Term Trust (NYSE: BCAT), BlackRock Health Sciences Term Trust (NYSE: BMEZ), BlackRock Science and Technology Term Trust (NYSE: BSTZ), and BlackRock Innovation and Growth Term Trust (NYSE: BIGZ) (each a “Fund,” and collectively the “Funds”) announced increased distribution rates under each Fund's managed distribution plan (“Plan”). Each Fund ha.

BlackRock Announces Increased Distribution Rates for Certain Closed-End Funds

Highland Income Fund

A couple weeks ago, on May 3, BlackRock BlackRock , the world's largest investment firm, did something that will send a shockwave through our favorite high-yield investments: closed-end funds (CEFs).

BlackRock Just Sent These 8%+ Payers Soaring

The BlackRock Innovation & Growth Term Trust fund has significantly underperformed since the equity bear market in 2022. BIGZ's venture capital portfolio has seen little turnover and has continued to decrease in value despite buoyant equity markets. Until the market starts to reward high-growth small-cap companies, I believe BIGZ will continue to struggle.

BIGZ: Risk Appetite Still Missing For Venture Capital

Growth and innovation stocks are expected to perform well in 2024 after experiencing a cycle of boom and bust. The BlackRock Innovation and Growth Term Trust presents an interesting investment opportunity as it may have bottomed out and is trading at a 17% discount to NAV. BIGZ is a complex closed-end fund with high risks.

BIGZ: 17% Discount To NAV, But Be Careful

Closed-end funds offer investment opportunities at a sizeable discount to net asset value. BlackRock Innovation and Growth Term Trust is a closed-end fund with a 15.18% discount to NAV. Boaz Weinstein, a successful investor, has been advocating for better governance in BlackRock closed-end funds.

BIGZ: 15% Discount To NAV And 6% Annualized Distribution

With much of the U.S. stock market in a correction there are plenty of attractive stocks to consider. This is especially true in income investing.

Grab these 2 funds with rich 11%-12% yields while you can

BlackRock 2037 Municipal Target Term Trust

Guggenheim Active Allocation Fund

MainStay CBRE Global Infrastructure Megatrends Fund

Pioneer Municipal High Income Opportunities Fund

Neuberger Berman Next Generation Connectivity Fund

Nuveen Core Plus Impact Fund

Nuveen Variable Rate Preferred & Income Fund

PIMCO Access Income Fund

PIMCO Dynamic Income Opportunities Fund

Pimco Municipal Income Fund

RiverNorth Flexible Mncpl Inm Fnd II Inc

Thornburg Income Builder Opportunities Trust

Western Asset Diversified Income Fund

In 2021, a dozen closed-end funds, or CEFs, were launched, but none of them performed well, with all of them experiencing negative total returns since inception. The CEFs trade at wide discounts to NAV, with an average discount of -12.5%, and offer high yield income with annual yields as high as 12.9%. The hybrid funds with global allocations and higher yielding taxable fixed income funds have performed better than municipal fixed income funds and equity funds.

The Dirty Dozen CEFs From 2021: A Summary

NEW YORK--(BUSINESS WIRE)--BlackRock Advisors, LLC (“BlackRock”) released today share repurchase activity for certain BlackRock-advised closed-end funds (the “Funds”) during the quarter ended September 30, 2023. The Funds have authorized open market share repurchase programs (the “Repurchase Programs”) pursuant to which each Fund may repurchase, through November 30, 2023, up to 5% of its outstanding common shares in open market transactions. The Repurchase Programs seek to enhance shareholder v.

BIGZ, BMEZ, BSTZ, BCAT, and ECAT Repurchased over $137 Million of Shares in 2023

BSTZ, BMEZ, and BIGZ have announced a change in distribution policy. The funds will now pay monthly distributions at an annual rate of 6% based on the 12-month rolling average daily net asset value. The new distribution policy will likely not have a significant effect on the funds' market prices, as they are already at significant discounts.

Why BSTZ, BMEZ, And BIGZ Distribution Cuts Aren't A Big Deal

NEW YORK--(BUSINESS WIRE)--Each of BlackRock Science and Technology Term Trust (NYSE: BSTZ), BlackRock Health Sciences Term Trust (NYSE: BMEZ) and BlackRock Innovation and Growth Term Trust (NYSE: BIGZ) (each a “Fund,” and collectively the “Funds”) has announced changes to its distribution rate under its managed distribution plan (“Plan”). Each Fund has adopted a Plan to support a level distribution of income, capital gains and/or return of capital. Effective with the distribution to be declare.

BlackRock Science and Technology Term Trust (BSTZ), BlackRock Health Sciences Term Trust (BMEZ) and BlackRock Innovation and Growth Term Trust (BIGZ) Announce Changes to Distribution Rates Under Managed Distribution Plans

NEW YORK--(BUSINESS WIRE)--BlackRock today announced the release of quarterly fund commentaries for BlackRock Innovation and Growth Term Trust (NYSE: BIGZ), BlackRock Science and Technology Term Trust (NYSE: BSTZ), BlackRock Health Sciences Term Trust (NYSE: BMEZ), BlackRock Capital Allocation Term Trust (NYSE: BCAT), BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT), and BlackRock 2037 Municipal Target Term Trust (NYSE: BMN) (the “Trusts”) for the second quarter of 2023. Use the links p.

News for BlackRock Innovation & Growth Trust ETF (BIGZ)