BlackRock Innovation & Growth Trust

BlackRock Capital Allocation Trust

BlackRock Health Sciences Trust II

ClearBridge Energy MLP Fund Inc

Blackrock ESG Capital Allocation Trust

Templeton Global Income Fund

On July 28, 2023, Saba Capital Management, L.P. (Trades, Portfolio), a renowned investment firm, increased its position in ClearBridge MLP & Midstream Fund Inc. ( CEM , Financial) to 1,641,792 shares.

Saba Capital Management, L.P. Boosts Position in ClearBridge MLP & Midstream Fund Inc.

BlackRock Innovation and Growth Term Trust (BIGZ) has underperformed since its inception in mid-2021, but its long-term potential remains uncertain due to its evolving strategy and focus on American mid-cap and small-cap stocks. The fund now trades at a NAV discount of -16% after launching with a NAV premium of 15% just two years ago. I think it's too soon to judge this fund either way, but it's unlikely to outperform unless we have an environment similar to 2020-2021 where small-to-mid cap growth stocks outperformed.

BIGZ: It's Too Soon To Judge Yet

Adams Diversified Equity Fund

ClearBridge Energy MLP Total Return Fund Inc

ClearBridge Energy MLP Opportunity Fund Inc

FS Credit Opportunities Corp

BlackRock Municipal Income Fund

Tortoise Energy Independence Fund, Inc.

Tortoise MLP Fund

Adams Natural Resources Fund Inc

Royce Global Value

Western Asset

Tortoise Essential Assets Income Term Fund

Tortoise Pipeline & Energy Fund

Tortoise Energy Infrastructure

18 out of 22 CEF sectors positive on price, and 11 out of 22 sectors positive on NAV last week. Saba files lawsuits against 16 CEFs, seeking to invalidate share control provisions. The battle is heating up.

Weekly Closed-End Fund Roundup: Saba Continues CEF Battles (July 2, 2023)

Blackrock California Muni Income Trust

NEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. (“Saba” or “we”), a significant shareholder of the BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT) (“ECAT”), the BlackRock Innovation and Growth Term Trust (NYSE: BIGZ) (“BIGZ”) and the BlackRock California Municipal Income Trust (NYSE: BFZ) (“BFZ”) (collectively, the “Funds”), today announced that Institutional Shareholder Services Inc. (“ISS”) has supported its case for change at the aforementioned closed-end funds advised by B.

Leading Independent Proxy Advisory Firm ISS Supports Saba Capital's Case for Change at Three BlackRock Closed-End Funds

Neuberger Berman Next Generation Connectivity Fund

AI bubble? Bear market rally? I don't care because I see five dividends between 10.1% and 13.5%.

These Fund Yields Up To 13% And Leave ETFs In The Dust

BIGZ hasn't provided anything to be too excited about since its launch, as growth took a plunge shortly after it entered the market. The fund's discount remains attractive if one is looking for a growth-oriented fund with a monthly distribution.

BIGZ: A Growth Fund That Also Provides Monthly Distributions

BlackRock Resources & Commodities Strategy Trust

Blackrock Municipal Income Trust

BlackRock Energy and Resources Trust

BlackRock Floating Rate Income Trust

BlackRock Enhanced International Dividend Trust

Blackrock Municipal Income Trust II

Blackrock New York Municipal Income Trust

BlackRock Enhanced Global Dividend Trust

BlackRock Science and Technology Trust II

BlackRock MuniHoldings Fund

BlackRock MuniHoldings New York Quality Fund Inc

BlackRock MuniYield Michigan Quality Fund Inc

BlackRock MuniYield Pennsylvania Quality Fund

BlackRock MuniYield Quality Fund II Inc

BlackRock MuniHoldings California Quality Fund Inc

BlackRock MuniHoldings Quality Fund II Inc

BlackRock MuniHoldings New Jersey Quality Fund Inc

BlackRock MuniVest Fund Inc

BlackRock MuniVest Fund II Inc

BlackRock MuniYield Fund

BlackRock MuniYield Quality Fund III Inc

BlackRock MuniYield New York Quality Fund Inc

NEW YORK--(BUSINESS WIRE)--Please replace the release dated April 11, 2023, with the following corrected version due to changes in the table, "Summary of share repurchase activity since Repurchase Program inception as of March 31, 2023".

CORRECTING and REPLACING BlackRock Closed-End Fund Share Repurchase Program Update

NEW YORK--(BUSINESS WIRE)--BlackRock Advisors, LLC (“BlackRock”) will host a conference call on Wednesday, March 15, 2023 at 2:00pm ET featuring Phil Ruvinsky, Head of BlackRock's U.S. Growth Team and the Portfolio Manager for BlackRock Innovation and Growth Trust (“BIGZ” or the “Trust”).

BlackRock to Host BlackRock Innovation and Growth Trust (BIGZ) Conference Call on March 15, 2023 at 2:00pm ET

BlackRock 2037 Municipal Target Term Trust

NEW YORK--(BUSINESS WIRE)--BlackRock today announced the release of quarterly fund commentaries for BlackRock Innovation and Growth Trust (NYSE: BIGZ), BlackRock Science and Technology Trust II (NYSE: BSTZ), BlackRock Health Sciences Trust II (NYSE: BMEZ), BlackRock Capital Allocation Trust (NYSE: BCAT), BlackRock ESG Capital Allocation Trust (NYSE: ECAT), and BlackRock 2037 Municipal Target Term Trust (NYSE: BMN) (the “Trusts”) for the fourth quarter of 2022.

BlackRock Announces Release of Fourth Quarter Commentaries for Certain Closed-End Funds (BIGZ, BSTZ, BMEZ, BCAT, ECAT, and BMN)

Cornerstone Strategic Value Fund Inc

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

It was back in November of 2012, yes, over a decade ago, that I wrote my first article discussing the benefits of high Return of Capital (ROC) in equity CEF distributions. Back then, I first wrote (link below) about the risks and tax-differences between high ROC in equity based CEFs vs tax-free distributions in municipal bond CEFs.

Equity CEFs: The Best Return Of Capital Funds For 2023 (And A Look At BIGZ, CLM And ETW)

Virtus Artificial Intelligence & Technology Opportunities Fund

ARK Innovation ETF

Eaton Vance Tax-Managed Buy-Write Opportunities Fund

Eaton Vance Tax-Advantaged Bond & Opportunity Stategies Fund

Gabelli Dividend & Income Trust

abrdn Healthcare Investors 

abrdn Life Sciences Investors 

Voya Asia Pacific High Dividend Equity Income Fund

Voya Global Advantage and Premium Opportunity Fund

iShares Russell 1000 Growth ETF

NXG NextGen Infrastructure Income Fund

Pimco Global Stockplus & Income Fund

Invesco QQQ

SPDR S&P 500 ETF Trust

2022 was a year to forget, while most believe 2023 will begin with the same issues that took the equity and bond markets well into bear market territory last year. That is, a hawkish Federal Reserve that doesn't want to let up on strangling inflation into submission while draining market liquidity.

Equity CEFs: Top Picks For 2023

BlackRock Innovation and Growth Trust (BIGZ) focuses on mid-cap and small-cap companies that are innovative and are believed to have above-average earnings growth potential. BIGZ is down significantly this year, but not as much as Cathie Wood's ARK ETFs.

BIGZ: Tax Loss Selling Creates Another Tech CEF Bargain

The BIGZ fund allocates 25% to private investments in 'innovative' companies. The fund also pays a high current distribution yield of 12.3%.

BIGZ: Venture Capital Fund In Disguise

BlackRock Science & Technology

Cohen & Steers Reit And Preferred Income Fund Inc

Royce Value Trust

Reaves Utility Income Fund

While vanilla investors worry along with the herd, we contrarians are buying.

Wall Street Is Jam-Packed With 8%+ Fire-Sale Dividends

BlackRock's BIGZ holds mid- and small-capitalization companies, primarily those which are publicly listed as well as around 27% of private sector holdings. It uses a dynamic option strategy to manage risks in addition to generating income for shareholders.

BIGZ: Growth Stocks, Private Covered Calls, And High Dividend Yields

CBRE Global Real Estate Income Fund

Nuveen Core Plus Impact Fund

One nice thing—and probably the only nice thing—about the 2022 market selloff is that it's given us dividend investors an opportunity to grab 10% yields we can count on for the long haul.

Play The Market Rebound With These 10%+ Yielding Funds

Western Asset Diversified Income Fund

I want to show you how to build a “three-click” income portfolio that gives us three things every income investor craves.

A 3-Click “Mini-Portfolio” Yielding 10.6%, Trading At A Massive Discount

John Hancock Financial Opportunities Fund

DoubleLine Yield Opportunities Fund

Special Opportunities Fund Inc

The market has remained volatile as we have been experiencing through 2022. In fact, the major indexes have been reaching new lows as we went through April.

5 Closed-End Funds Bought In April 2022

NEW YORK--(BUSINESS WIRE)--BlackRock today announced the release of quarterly fund commentary for BlackRock Innovation and Growth Trust (NYSE: BIGZ; the “Trust”). BIGZ is a closed-end fund that seeks to take a differentiated approach to investing in innovative companies. The Trust focuses on small-cap, mid-cap, and private companies where the investment adviser believes exceptional, multi-year runways for earnings growth can be unlocked through the power of innovation. You can find the commenta

BlackRock Announces Release of First Quarter Commentary for BlackRock Innovation and Growth Trust (BIGZ)

BIGZ is currently trading at a near 15% discount.

BIGZ: A Buy If You Can Stomach It

Liberty All-Star Growth Fund

PIMCO Strategic Income Fund Inc

Today we're going to dive into a three-fund portfolio that throws off a massive 9.7% dividend yield.

3 Overlooked Funds Yielding 9.7% (With Upside)

BIGZ is an actively managed fund with a focus on innovative and high-growth tech names. While the segment has faced extreme volatility over the last several months, we believe the current level offers attractive value as a turnaround opportunity.

BIGZ: Unique 11% High-Yield And Exposure To High-Growth Tech

NEW YORK--(BUSINESS WIRE)--Replay information is now available for the BlackRock Innovation and Growth Trust (the “Trust”) (NYSE: BIGZ, CUSIP: 09260Q108) conference call that was held on February 9th. The call featured portfolio manager Phil Ruvinsky and lead portfolio strategist Ryan McNulty. Topics included: Why smaller growth companies have underperformed the market. What we're doing to take advantage of market volatility. Opportunities in private equity as a key differentiator. Replay detai

BlackRock Innovation and Growth Trust (BIGZ) Call Replay Now Available

NEW YORK--(BUSINESS WIRE)--BlackRock Advisors, LLC (“BlackRock”) will host a conference call for BlackRock Innovation and Growth Trust (the “Trust”) (NYSE: BIGZ, CUSIP: 09260Q108) on Wednesday, February 9th at 2:00pm ET. The call will feature portfolio manager Phil Ruvinsky and lead portfolio strategist Ryan McNulty. Topics will include: Why smaller growth companies have underperformed the market. What we're doing to take advantage of market volatility. Opportunities in private equity as a key

BlackRock Innovation and Growth Trust (BIGZ) Update Call on Wednesday, February 9th at 2pm ET

NEW YORK--(BUSINESS WIRE)--BlackRock today announced the release of quarterly fund commentaries for BlackRock Innovation and Growth Trust (NYSE: BIGZ), BlackRock Science and Technology Trust II (NYSE: BSTZ), BlackRock Health Sciences Trust II (NYSE: BMEZ), BlackRock Capital Allocation Trust (NYSE: BCAT), and BlackRock ESG Capital Allocation Trust (NYSE: ECAT) (the “Funds”) for the fourth quarter of 2021. Learn more about each Fund's performance and current positioning in its latest commentary:

News for BlackRock Innovation & Growth Trust ETF (BIGZ)