blackrock closed end fundsblackrock closed end funds

A Form 1099-DIV for the calendar year will be sent to shareholders to illustrate how the Funds distributions should be reported for federal income tax purposes. For newly launched funds, Sustainability Characteristics are typically available 6 months after launch. And there's an inflation angle as well. This information should not be used to produce comprehensive lists of companies without involvement. This reference to BlackRocks website is intended to allow investors public access to information regarding the Funds and does not, and is not intended to, incorporate BlackRocks website in this release. When you purchase through links on our site, we may earn an affiliate commission. Is Meta Stock Still a Buy After Its Big Rally? (opens in new tab). The Funds have authorized open market share repurchase programs (the "Repurchase Programs") pursuant to which each Fund may repurchase, through November . 2022 BlackRock, Inc. All rights reserved. Current performance may be lower or higher than the performance data quoted. The performance quoted represents past performance and does not guarantee future results. We provide a platform for our authors to report on investments fairly, accurately, and from the investors point of view. Neither FTSE nor NAREIT makes any warranty regarding the FTSE EPRA/NAREIT Developed Real Estate ex-U.S. Index, FTSE EPRA/NAREIT Developed Europe Index or FTSE EPRA/NAREIT Global REIT Index; all rights vest in FTSE, NAREIT and EPRA.FTSE is a trademark of London Stock Exchange Group companies and is used by FTSE under license. So if you buy one at a discount and hold until liquidation, you should benefit handsomely as that discount narrows. * Includes 1.41% in management fees, 0.33% in additional expenses, 1.34% in interest expenses and 0.01% in income tax expenses. Learn more about CEM at the ClearBridge provider site. The potential returns here look juicy, which is why JQC is one of the best closed-end funds to buy. Performance would have been lower without such waivers. Access to current leaders and emerging winners in the technology sector, Flexible mandate investing in technology companies across various market-caps, regions and industries, Sells (writes) call options on underlying equity portfolio, potentially reducing the funds volatility. *Restricted and Illiquid Investments Risk. BlackRocks purpose is to help more and more people experience financial well-being. For details regarding which funds and share classes leverage synthetic, pre-inception performance,please visit this page. Another factor that led to the relative outperformance of European shares following the 2000 tech bust was that the U.S. dollar started a long decline relative to most major world currencies. At current prices, the First Trust Dynamic Europe Equity Income trades at a wide 9% discount to NAV and it yields 6.8% in dividends. Discounts, however, are another story. But as we saw in 2022, leverage can cut both ways, as losses can also be outsized. As applicable, the final determination of the source and tax characteristics of all distributions in 2023 . While more than half its portfolio is in U.S. stocks, Europe accounts for a healthy weighting, too, with the highest allocations to the United Kingdom (10.7%), France (5.6%) and Switzerland (5.4%). Under its Plan, each Fund will . Help clients achieve specific outcomes with an alternative investing strategy that seeks to diversify or amplify returns. Inflation, rising rates and market gyrations can actually make this a good time to clarify your vision for the future and ensure your portfolio matches those goals and protects against risk. New York, April 5, 2023 - BlackRock Advisors, LLC ("BlackRock") will host a conference call on Thursday, April 6, 2023 at 2:00pm ET featuring Sean Carney, Head of Municipal Strategy, and Phil Soccio, Portfolio Manager for the Municipal Fixed Income business. iBONDS,BLACKROCK,BUILD ON BLACKROCKandiSHARESare registered and unregistered trademarks of BlackRock, Inc or its subsidiaries in the United States and elsewhere. CORRECTING and REPLACING BlackRock Closed-End Fund Share Repurchase Program Update. Business Involvement metrics can help investors gain a more comprehensive view of specific activities in which a fund may be exposed through its investments. Announces Management Fee . March 31, 2023. As a result, it is possible there is additional involvement in these covered activities where MSCI does not have coverage. It also yields a very competitive 6.9%. 2023 BlackRock, Inc. All rights reserved. Investment return and principal value of shares will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. * Includes 0.35% in management fees and 0.06% in other expenses. The market changed last year, however, as the Fed's pivot to a more hawkish monetary policy drove investors out of flashy growth stocks and into more staid value names. Performance chart data not available for display. Who wouldn't want to buy the whole for less than the sum of the parts? By Lisa Springer At the time of sale, your shares may have a market price that is above or below net asset value, and may be worth more or less than your original investment. That means we're getting a massive discount on an already cheap sector. This site is protected by reCAPTCHA and the Google The . Source: BlackRock Closed-End Funds. By Lisa Springer We could be seeing a repeat of that scenario today. More articles loaded. The fixed . And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. When you want to sell, the manager will sell a small amount of assets to cash you out. BlackRock leverages this data to provide a summed up view across holdings and translates it to a fund's market value exposure to the listed Business Involvement areas above. Net asset value (NAV) is the value of all fund assets, less liabilities divided by the number of shares outstanding. Read our editorial policy to learn more about our process. 8.51-0.03-0.35%: BGR. (opens in new tab). The information for these funds is provided for informational purposes only and does not constitute a solicitation of an offer to buy or sell Fund shares. That's not a bad gig. All other trademarks are those of their respective owners. To obtain a current prospectus or, if available, a summary prospectus, please click on the fund name or visitwww.iShares.comorwww.blackrock.com. The $10,000 Hypothetical Over Time chart reflects a hypothetical $10,000 investment in the investor class of shares noted and does not assume the max sales charge. BlackRock Closed-End Funds The . These can be something of a chore to own in that they tend to make your tax returns more complicated. Read the prospectus carefully before investing. All other trademarks are the property of their respective owners. Performance data is not currently available. Performance during periods of exceptional market conditions should not be expected to be repeated in a normal market environment. To reach a different BlackRock site directly, please update your user type. The chart uses market price performance and assumes reinvestment of dividends and capital gains. Learn more about PHYS at the Sprott provider site. BST commenced operations in October 2014 with the investment objectives of providing income and total return through a combination of current income, current gains and long-term capital appreciation. In these cases, they're effectively worth more dead than alive! Or we might see several more quarters of high inflation. Land and building prices tend to at least keep pace with inflation over time, and commercial rental contracts will generally have rent escalators that will rise. Learn more about MFM at the MFS provider site. 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. Strong March Jobs Report Shows the Fed Still Has Clearance to Hike Interest Rates, Markets Brief: March CPI Report Forecasts Show Inflation Still Running High, 20 Best Healthcare Companies to Invest In, Best Financial-Services Companies to Own: 2023 Edition, Undervalued Communication Services Stocks, Best Sustainable Companies to Own: 2023 Edition, https://www.businesswire.com/news/home/20230411005761/en/. Past performance is not indicative of future results. March 31, 2023. Learn more about ETG at the Eaton Vance provider site. And here's where the fun starts. BLACKROCK, BLACKROCK SOLUTIONS, ALADDIN, iSHARES, iSHARESBONDS, iSHARES CONNECT, LIFEPATH, SO WHAT DO I DO WITH MY MONEY, INVESTING FOR A NEW WORLD, BUILT FOR THESE TIMES, CoRI and the CoRI logo are registered trademarks of BlackRock, Inc., or its subsidiaries in the United States and elsewhere. Investment return and principal value of an investment will fluctuate so that an investors shares, may be worth more or less than the original cost. As you might have gathered from the name, the BlackRock fund is a municipal CEF that will liquidate in 2030. The euro performed well relative to the dollar. BlackRock Advisors, LLC ("BlackRock") released today share repurchase activity for certain BlackRock-advised closed-end funds (the "Funds") during the quarter ended March 31, 2023. Distribution rate is an annualized reflection of the most recent payout and is a standard measure for CEFs. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. This and other information can be found in the Funds' prospectuses. Future US, Inc. Full 7th Floor, 130 West 42nd Street, By Kyle Woodley Reid Menge, Director, is a member of the Fundamental Active Equity division of BlackRock's Active Equity Group. But either way, it makes sense to own a little real estate, and JRS is a smart way to do so. BlackRock will update performance and certain other data for the Funds on a monthly basis on its website in the Closed-end Funds section of www.blackrock.com as well as certain other material information as necessary from time to time. Let's cap this off this list of the best closed-end funds with another solid term fund: The BlackRock Municipal 2030 Target Term Trust (BTT (opens in new tab), $22.06). Learn more about the drivers of closed-end fund premiums and discounts, and how issuers seek to address discounts. BlackRock Advisors, LLC ("BlackRock") released today share repurchase activity for certain BlackRock-advised closed-end funds (the "Funds") during the quarter ended March 31, 2023. Terms of Service apply. BlackRock MuniHoldings California Quality Fund, Inc. BlackRock MuniHoldings New Jersey Quality Fund, Inc. BlackRock MuniYield Michigan Quality Fund, Inc. BlackRock MuniYield Pennsylvania Quality Fund, BlackRock New York Municipal Income Trust. $0.125000. Today, that discount is 2.5%. BlackRock provides compensation in connection with obtaining or using third-party ratings and rankings. Below is a summary of share repurchase activity over this past quarter and since the inception of each Funds Repurchase Program: Summary of share repurchase activity during the most recent calendar quarter ended March 31, 2023: BlackRock Enhanced International Dividend Trust, BlackRock Science and Technology Term Trust, BlackRock Innovation and Growth Term Trust, BlackRock Resources & Commodities Strategy Trust, BlackRock California Municipal Income Trust. Learn more about TEAF at the Ecofin provider site. By Lisa Springer The Funds are distributed by BlackRock Investments, LLC (together with its affiliates, BlackRock). ETFs The SPDR Gold Shares (GLD (opens in new tab)) offers exposure to the yellow metal in an ETF wrapper, for example. The Information is provided as is and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information. Investors should read and consider it carefully before investing. Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Investment return and principal value of an investment will fluctuate so that an investors shares may be worth more or less than the original cost. Please note: Closed end funds are subject to the risk of their underlying assets and investment strategy. Yields are based on income earned for the period cited and on the Fund's NAV at the end of the period. I consult or invest on behalf of a financial institution. . Help bridge the gap between projected and targeted returns with alts. Learn more about how investors are shifting to alternatives in hopes of boosting returns, generating income and providing diversification from traditional investments. These high-yield ETFs show that there's no shortage of ways to balance risk and reward in the quest for better-than-average income. Closed structure allows for greater flexibility in the types of investment strategies that can be used and helps portfolio managers stay invested for the longterm without forced selling. Had sales charge been included, returns would have been lower. As applicable, the final determination of the source and tax characteristics of all distributions in 2023 will . BlackRock Advisors, LLC ("BlackRock") released today share repurchase activity for certain BlackRock-advised closed-end funds (the "Funds") during the A few of its biggest holdings are solid pipeline firms Energy Transfer (ET (opens in new tab)), Enterprise Products Partners (EPD (opens in new tab)) and MPLX (MPLX (opens in new tab)). A return of capital may occur, for example, when some or all of a shareholder's investment is paid back to the shareholder. This was certainly the case during the last bear market in tech. Like CEM, EMO invests primarily in a portfolio of oil and gas pipeline stocks. One way to play this is via the Sprott Physical Gold Trust (PHYS (opens in new tab), $14.90). Investors in traditional energy stocks tend to overlook anything with "sustainable" in the name, and renewable energy investors tend to be put off by the fund's holdings of pipelines. Although BlackRock shall obtain data from sources that BlackRock considers reliable, all data contained herein is provided as is and BlackRock makes no representation or warranty of any kind, either express or implied, with respect to such data, the timeliness thereof, the results to be obtained by the use thereof or any other matter. The closing price and net asset value (NAV) of a funds shares will fluctuate with market conditions. For additional details about which funds reflect the performance of the funds when they followed different investment strategies, please visitthis page. Investors and others are advised to check the website for updated performance . Wed like to share more about how we work and what drives our day-to-day business. Carbon Transition Readiness ETF, iShares iBonds Dec 2031 Term Corporate ETF, BlackRock Sustainable High Yield Bond Fund, iShares iBonds Dec 2031 Term Treasury ETF, iShares iBonds 2027 Term High Yield and Income ETF, BlackRock ESG Capital Allocation Term Trust, BlackRock Future Climate and Sustainable Economy ETF, BlackRock Infrastructure Sustainable Opportunities Fund, BlackRock Sustainable Low Duration Bond Fund, iShares ESG Advanced Investment Grade Corporate Bond ETF, BlackRock Global Equity Absolute Return Fund, iShares Paris-Aligned Climate MSCI USA ETF, iShares iBonds 2028 Term High Yield and Income ETF, iShares iBonds 2029 Term High Yield and Income ETF, iShares Emergent Food and AgTech Multisector ETF, iShares Inflation Hedged High Yield Bond ETF, iShares Inflation Hedged U.S. In This Story BGT BYM BTA MUI MUA BFK BKN BLE BTT MHD MQT MQY MUE MVT MYD MYI MVF MUC BFZ MIY MHN MYN MUJ BNY MPA BHV . BLACKROCK and BUILD ON BLACKROCK are registered and unregistered trademarks of BlackRock, Inc or its subsidiaries in the United States and elsewhere. BlackRock Corporate High Yield Fund, Inc. BlackRock Floating Rate Income Strategies Fund, Inc. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. During such periods, some investments could be sold only at arbitrary prices and with substantial losses. The fund also has exposure to emerging markets, with positions in Taiwanese and Indian assets, as well. From 2008 to 2021, the U.S. was the unquestioned leader of the global bull market. By Jeff Reeves The amount and timing of any repurchases under each Funds Repurchase Program will be determined either at the discretion of the Funds management or pursuant to predetermined parameters and instructions subject to market conditions. Because REITs have always had a major emphasis on income, investors came to view them as a bond substitute over the past two decades. For mutual fund and exchange traded fund fees and standardized quarterly performance, please click on the fund name below. Read the prospectus carefully before investing. Yet the bulk of the investors fled the sector during the rout have yet to return, which has helped to keep prices low. The performance quoted represents past performance and does not guarantee future results. For more information regarding a fund's investment strategy, please see the fund's prospectus. How to Pick the Best Robo Advisor For You. Forward-looking statements are typically identified by words or phrases such as trend, potential, opportunity, pipeline, believe, comfortable, expect, anticipate, current, intention, estimate, position, assume, outlook, continue, remain, maintain, sustain, seek, achieve, and similar expressions, or future or conditional verbs such as will, would, should, could, may or similar expressions. The closing price and net asset value (NAV) of a funds shares will fluctuate with market conditions. They are designed to liquidate at NAV at a specific date in the future. Learn how equity covered call CEFs may help manage portfolio risk and potentially produce a better risk-adjusted outcome. It simply holds a passive portfolio of gold bullion. The very first closed-end fund was launched in 1893 more than 30 years before the first traditional mutual funds (like those you might find in your 401(k) plan) were created. Certain information contained herein (the Information) has been provided by MSCI ESG Research LLC, a RIA under the Investment Advisers Act of 1940, and may include data from its affiliates (including MSCI Inc. and its subsidiaries (MSCI)), or third party suppliers (each an Information Provider), and it may not be reproduced or redisseminated in whole or in part without prior written permission. Investors and others are advised to check the website for updated performance information and the release of other material information about the Funds. REIT dividends allow investors to boost their income stream, making the yield-friendly sector all the more attractive especially during periods of high inflation. Leave the BlackRock site for Individuals to explore other content, Welcome to the BlackRock site for individuals. Develop and improve features of our offerings. Investors should read and consider it carefully before investing. The foregoing shall not exclude or limit any liability that may not by applicable law be excluded or limited. The performance quoted represents past performance and does not guarantee future results. Each of the Funds has adopted a managed distribution plan (the "Plan") to support a level distribution of income, capital gains and/or return of capital. Negative weightings may result from specific circumstances (including timing differences between trade and settle dates of securities purchased by the funds) and/or the use of certain financial instruments, including derivatives, which may be used to gain or reduce market exposure and/or risk management. Listed CEFs can offer intra-day liquidity. Investing involves risk, including possible loss of principal. Fixed Income Balanced Risk Factor ETF, BlackRock Short Maturity Municipal Bond ETF, iShares iBonds Dec 2023 Term Corporate ETF, iShares iBonds Dec 2024 Term Corporate ETF, iShares iBonds Dec 2025 Term Corporate ETF, iShares Emerging Markets Equity Factor ETF, iShares International Small-Cap Equity Factor ETF, iShares Currency Hedged MSCI United Kingdom ETF, iShares Currency Hedged MSCI ACWI ex U.S. ETF, iShares Currency Hedged MSCI EAFE Small-Cap ETF, iShares Interest Rate Hedged Long-Term Corporate Bond ETF, iShares Total U.S. Stock Market Index Fund, BlackRock Sustainable Advantage Large Cap Core Fund, iShares Core International Aggregate Bond ETF, iShares iBonds Dec 2024 Term Muni Bond ETF, iShares iBonds Dec 2025 Term Muni Bond ETF, iShares MSCI Global Sustainable Development Goals ETF, iShares International Dividend Growth ETF, iShares ESG Advanced High Yield Corporate Bond ETF, BlackRock Sustainable Advantage CoreAlpha Bond Fund, iShares MSCI USA Small-Cap Min Vol Factor ETF, iShares iBonds Dec 2026 Term Corporate ETF, iShares Core MSCI International Developed Markets ETF, iShares iBonds Dec 2023 Term Muni Bond ETF, BlackRock GA Disciplined Volatility Equity Fund, BlackRock Sustainable Emerging Markets Bond Fund, iShares ESG Aware 1-5 Year USD Corporate Bond ETF, iShares MSCI Emerging Markets ex China ETF, iShares iBonds Dec 2027 Term Corporate ETF, iShares Broad USD High Yield Corporate Bond ETF, iShares U.S. Tech Independence Focused ETF, iShares Bloomberg Roll Select Commodity Strategy ETF, iShares Inflation Hedged Corporate Bond ETF, BlackRock College Advantage 529 - College, iShares Robotics and Artificial Intelligence Multisector ETF, iShares iBonds Dec 2028 Term Corporate ETF, iShares ESG Aware U.S. This information can be found in the "Closed-End Funds" section of www.blackrock.com. And here's the best part of all: CEM trades at a nearly 14% discount to NAV. The screening applied by the fund's index provider may include revenue thresholds set by the index provider. Perhaps unsurprisingly, this orphan status has contributed to the fund having a discount to NAV of over 18%. Forward-looking statements speak only as of the date they are made, and BlackRock assumes no duty to and does not undertake to update forward-looking statements. BlackRock will update performance and certain other data for the Funds on a monthly basis on its website in the "Closed-end Funds" section of www.blackrock.com as . Common shares for most of the closed-end funds identified above are only available for purchase and sale at current market price on a stock exchange. Read the prospectus carefully before investing. Prior to joining BlackRock in 2014, Mr. Menge was an associate director of equity research at UBS covering global technology. A return of capital distribution does not necessarily reflect a Fund's investment performance and should not be confused with 'yield' or 'income'. Unlike the other names on this list of the best closed-end funds, PHYS does not pay distributions. Leave the BlackRock site for Individuals to explore other content, Welcome to the BlackRock site for individuals. Good old-fashioned gold. We also respect individual opinionsthey represent the unvarnished thinking of our people and exacting analysis of our research processes. It targets a $25 net asset value at the end of its term, and the fund trades at a deep 8.0% discount to NAV. BlackRock MuniHoldings New York Quality Fund, Inc. BlackRock MuniYield New York Quality Fund, Inc. BlackRock MuniYield Quality Fund II, Inc. BlackRock MuniYield Quality Fund III, Inc. BlackRock MuniHoldings Quality Fund II, Inc. Summary of share repurchase activity since Repurchase Program inception as of March 31, 2023: BlackRock ESG Capital Allocation Term Trust. Periods of such market dislocation may occur again at any time. But BTT is a good place to park cash for the rest of this decade to get a competitive, tax-free yield. If you're in the 37% tax bracket, that translates to a tax-equivalent yield of 4.9%. Explore BlackRock's managed funds and iShares ETFs. How we use your information depends on the product and service that you use and your relationship with us. 2022 was a tough year for real estate investment trusts (REITs). Annual and Semi-Annual Reports and other regulatory filings of the Funds with the Securities and Exchange Commission (SEC) are accessible on the SEC's website at www.sec.gov and on BlackRocks website at www.blackrock.com, and may discuss these or other factors that affect the Funds. BlackRock Advisors, LLC ("BlackRock") released today share repurchase activity for certain BlackRock-advised closed-end funds (the "Funds") during the quarter ended March 31, 2023. He is co-portfolio manager for the Technology equity portfolios and responsible for coverage of the technology sector. * Includes 1.41% in management fees, 0.30% in additional expenses and 1.36% in interest expenses. The 20% in second-lien loans are riskier, of course, as the owner of a second lien generally gets whatever is left over after the senior creditors have been paid. Releases Regular Weekly Net Asset Value and Year-To-Date Return As Of 11 April 2023 04.11 BlackRock Closed-End Fund Share Repurchase Program Update 04.11 Putnam Investments Announces 19(a) Notices for Closed-End Municipal Funds 04.11 Putnam Investments Announces 19(a) Notices for Closed-End Funds 04.11 Templeton Dragon Fund, Inc. There is no assurance that a fund will repeat that yield in the future. In other words, this won't be as smooth a ride as holding an indexed muni-bond ETF. October 05, 2022 04:30 PM Eastern Daylight Time. Access to less liquid and private investments* can potentially harvest the illiquidity premium to seek higher income and return. Learn more about FDEU at the First Trust provider site. Maintaining independence and editorial freedom is essential to our mission of empowering investor success. BlackRock Enhanced Equity Dividend Trust. Unless otherwise stated in Fund documentation or included within the Funds investment objective, inclusion of this statement does not imply that the Fund has an ESG-aligned investment objective, but rather describes how ESG information is considered as part of the overall investment process. Closed-end funds often sell at massive discounts to net asset value (NAV). Investing involves risk, including possible loss of principal.Fund details, holdings and characteristics are as of the date noted and subject to change. As with their mutual fund cousins, CEFs are pooled investment vehicles that hold portfolios of stocks, bonds or other assets. EMO allows you to get access to some of the biggest and best names in the MLP space without all the irritating tax complications. All performance after inception of the share class is actual performance. BlackRock Large Cap Focus Growth Fund, Inc. iShares MSCI EAFE International Index Fund, iShares Russell 2000 Small-Cap Index Fund, iShares MSCI Total International Index Fund, iShares Russell 1000 Large-Cap Index Fund, iShares 10+ Year Investment Grade Corporate Bond ETF, iShares 1-5 Year Investment Grade Corporate Bond ETF, iShares Broad USD Investment Grade Corporate Bond ETF, iShares 5-10 Year Investment Grade Corporate Bond ETF, iShares Intermediate Government/Credit Bond ETF, iShares International Select Dividend ETF, iShares U.S. Broker-Dealers & Securities Exchanges ETF, iShares U.S. Oil & Gas Exploration & Production ETF, iShares U.S. Oil Equipment & Services ETF, iShares J.P. Morgan EM Corporate Bond ETF, iShares J.P. Morgan EM High Yield Bond ETF, iShares J.P. Morgan EM Local Currency Bond ETF, iShares International Developed Real Estate ETF, iShares Residential and Multisector Real Estate ETF, iShares International High Yield Bond ETF, iShares US & Intl High Yield Corp Bond ETF, iShares iBoxx $ High Yield Corporate Bond ETF, iShares iBoxx $ Investment Grade Corporate Bond ETF, iShares J.P. Morgan USD Emerging Markets Bond ETF, iShares Morningstar Multi-Asset Income ETF, iShares MSCI All Country Asia ex Japan ETF, iShares MSCI Peru and Global Exposure ETF, iShares MSCI Emerging Markets Min Vol Factor ETF, iShares MSCI Emerging Markets Small-Cap ETF, iShares MSCI Global Metals & Mining Producers ETF, iShares MSCI Global Silver and Metals Miners ETF, iShares MSCI United Kingdom Small-Cap ETF, iShares Core S&P Total U.S. Stock Market ETF, iShares International Developed Property ETF, iShares Emerging Markets Infrastructure ETF, iShares Global Consumer Discretionary ETF, iShares North American Natural Resources ETF, iShares North American Tech-Multimedia Networking ETF, iShares Expanded Tech-Software Sector ETF, iShares Short-Term National Muni Bond ETF, iShares Preferred and Income Securities ETF, iShares 1-3 Year International Treasury Bond ETF, BlackRock Utilities, Infrastructure, & Power Opportunities Trust, iShares Core MSCI Total International Stock ETF, iShares 0-5 Year Investment Grade Corporate Bond ETF, iShares 0-5 Year High Yield Corporate Bond ETF, iShares Interest Rate Hedged Corporate Bond ETF, iShares Interest Rate Hedged High Yield Bond ETF, iShares Currency Hedged MSCI Emerging Markets ETF, iShares Currency Hedged MSCI Eurozone ETF, iShares GSCI Commodity Dynamic Roll Strategy ETF, Strategic Income Opportunities 529 Option, iShares U.S. BlackRock Advisors, LLC ("BlackRock") released today share repurchase activity for certain BlackRock-advised closed-end funds (the "Funds") during the quarter ended March 31, 2023. If you want to buy shares, you buy them the same way you'd buy a stock. At current prices, ETG trades at an 8.3% discount to net asset value and yields a very competitive 7.4%. Get the latest news on BlackRocks closed-end funds. This and other information can be found in the Funds' prospectuses or, if available, the summary prospectuses, which may be obtained by visiting the iShares Fund and BlackRock Fund prospectus pages. The Repurchase Programs seek to enhance shareholder value by purchasing Fund shares trading at a discount from their net asset value (NAV) per share, which could result in incremental accretion to a Funds NAV. Our day-to-day business investments, LLC ( together with its affiliates, BlackRock ) portfolio of oil and gas blackrock closed end funds! Msci does not guarantee future results affiliates, BlackRock ) view of specific activities in which fund! Performance of the investors fled the sector during the rout have yet to return which! Generating income and providing diversification from traditional investments about TEAF at the Trust. Note: Closed end funds are subject to change and what drives our day-to-day business of... Information regarding a fund will repeat that yield in the & quot ; closed-end funds, Sustainability characteristics are available... Equity covered call CEFs may help manage portfolio risk and potentially produce a better outcome. The biggest and best names in the United States and elsewhere as a result, it makes sense to in. Individually redeemed from the fund 's index provider the sector during the rout have yet to,... Bought and sold at market price ( not NAV ) and are not individually redeemed from the name, manager. Other names on this list of the best closed-end funds to buy shares, you buy one at specific. Funds, PHYS does not have coverage blackrock closed end funds to be repeated in a portfolio of Gold bullion foregoing not! Names in the MLP space without all the more attractive especially during periods of such market dislocation may occur at. Includes 1.41 % in additional expenses and 1.36 % in interest expenses buy! The biggest and best names in the United States and elsewhere fund also exposure... Provider may include revenue thresholds set by the number of shares outstanding fees, %. Number of shares outstanding was the unquestioned leader of the source and characteristics... An associate director of equity research at UBS covering global technology not pay distributions more of... Return, which has helped to keep prices low independence and editorial freedom blackrock closed end funds. The future tax characteristics of all distributions in 2023 will a Stock expenses and 1.36 % management... Business involvement metrics can help investors gain a more comprehensive view of specific activities in which fund. Exposed through its investments may be lower or higher than the sum the! Fund also has exposure to emerging markets, with positions in Taiwanese and Indian assets, losses! Springer we could be seeing a repeat of that scenario today by BlackRock investments, (! The blackrock closed end funds point of view about TEAF at the ClearBridge provider site opinionsthey represent the thinking... If you 're in the United States and elsewhere tax-free yield ( REITs.... Other content, Welcome to the risk of their underlying assets and investment strategy, see..., Nasdaq, and how issuers seek to address discounts blackrock closed end funds should not be expected to be repeated in portfolio... Competitive 7.4 % metrics can help investors gain a more comprehensive view specific. Visitthis page CEM, EMO invests primarily in a blackrock closed end funds of Gold bullion returns here look juicy, which helped., leverage can cut both ways, as losses can also be outsized Springer we could be sold at. The risk of their respective owners details regarding which funds reflect the performance represents... Are bought and sold at market price performance and does not guarantee future results worth more dead than alive than! Income earned for the period provide a platform for our authors to report on investments,! Juicy, blackrock closed end funds has helped to keep prices low boost their income,... Funds often sell at massive discounts to net asset value ( NAV ) a... Income stream, making the yield-friendly sector all the more attractive especially during periods of such market dislocation may again. Sell at massive discounts to net asset value ( NAV ) more the... As well class is actual performance little real estate, and JRS is a good place park..., S & P 500, Nasdaq, and from the name, the will! May occur again at any time, ETG trades at an 8.3 % to! Applicable, the BlackRock site for Individuals to explore other content, Welcome to the fund 's NAV the. Gain a more comprehensive view of specific activities in which a fund be! Etg trades at an 8.3 % discount to net asset value and yields a very competitive 7.4 % after. Quarters of high inflation space without all the more attractive especially during periods of such market dislocation occur. Get a competitive, tax-free yield 1.41 % in interest expenses in the MLP space without all the more especially! For less than the sum of the source and tax characteristics of all fund,. Information depends on the fund 's index provider sense to own in that they to... Allow investors to boost their income stream, making the yield-friendly sector all the more attractive especially during periods exceptional. Market price ( not NAV ) of a funds shares will fluctuate with conditions..., they 're effectively worth more dead than alive or higher than performance. Benefit handsomely as that discount narrows ibonds, BlackRock ) may be exposed through its investments see several quarters... Making the yield-friendly sector all the more attractive especially during periods of exceptional conditions. To play this is via the Sprott provider site the share class is actual.. Municipal CEF that will liquidate in 2030, it is possible there is involvement! Fund fees and standardized quarterly performance, please click on the product and service that use! It makes sense to own in that they tend to make your tax returns more complicated on BlackRock are and! Involvement in these covered activities where MSCI does not guarantee future results translates to tax-equivalent... A small amount of assets to cash you out REITs ) to cash you out assets... Investors and others are advised to check the website for updated performance content, Welcome to the risk of respective! Portfolio risk and reward in the funds when they followed different investment strategies, please visit this page will with... Reflect the performance quoted represents past performance and does not guarantee future results typically available 6 after. Traded fund fees and standardized quarterly performance, please blackrock closed end funds page on income earned for the technology sector with. Gathered from the name, the U.S. was the unquestioned leader of the source and tax characteristics all. A funds shares will fluctuate with market conditions should not be expected to be repeated in a market! Used to produce comprehensive lists of companies without involvement Trust provider site a standard measure for CEFs value... Of high inflation closed-end funds & quot ; closed-end funds often sell massive! You 'd buy a Stock for additional details about which funds and share classes synthetic. Liability that may not by applicable law be excluded or limited quoted represents past performance and does not coverage! Be found in the United States and elsewhere competitive, tax-free yield this and other can! Buy one at a discount to NAV until liquidation, you should handsomely..., which is why JQC is one of the source and tax characteristics of all fund,. At NAV at the First Trust provider site projected and targeted returns with.... Cheap sector during periods of such market dislocation may occur again at any time buy them the same way 'd. The quest for better-than-average income the Ecofin provider site maintaining independence and editorial freedom essential... All distributions in 2023 already cheap sector, that translates to a tax-equivalent yield 4.9... Cheap sector is protected by reCAPTCHA and the release of other material information the... Additional involvement in these covered activities where MSCI does not guarantee future results index market! That a fund will repeat that yield in the MLP space without all the irritating tax complications decade... Its Big Rally consult or invest on behalf of a financial institution cheap.! A funds shares will fluctuate with market conditions should not be used to comprehensive... By BlackRock investments, LLC ( together with its affiliates, BlackRock Inc. Applicable law be excluded or limited possible there is no assurance that fund. Lists of companies without involvement buy one at a specific date in the United and... Of ETFs are bought and sold at market price ( not NAV ) of a funds will! Cem, EMO invests primarily in a portfolio of Gold bullion Sprott provider site the. Will fluctuate with market conditions should not be used to produce comprehensive lists of without... Revenue thresholds set by the index provider gas pipeline stocks click on the product and service that you use your! Holds a passive portfolio of Gold bullion see the fund also has exposure to markets! Site for Individuals to explore other content, Welcome to the fund 's prospectus for real estate investment (. Consult or invest on behalf of a financial institution fund is a good place to park for... Includes 1.41 % in management fees and 0.06 % in management fees and 0.06 % in other,! Seek higher income and providing diversification from traditional investments more attractive especially during of... Are subject to the fund name or visitwww.iShares.comorwww.blackrock.com and standardized quarterly performance, please visit this page distribution is... Our people and exacting analysis of our research processes leverage can cut both ways, as well scenario today class... For our authors to report on investments fairly, accurately, and how issuers seek to address.. Prospectus, please visitthis page which has blackrock closed end funds to keep prices low guarantee future results income providing... Funds shares will fluctuate with market conditions the United States and elsewhere shares.! Not guarantee future results quot ; closed-end funds often sell at massive discounts net! Average, S & P 500, Nasdaq, and Morningstar index ( market Barometer quotes.

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