Summary: BlackRock listed distributions per share for multiple funds with estimated sources of the distributions, including net income, net realized short-term gains, net realized long-term gains, and return of capital. The distributions are subject to change based on the discretion of each fund's Board of Directors/Trustees.
Full articleSummary: BlackRock Health Sciences Term Trust (BMEZ) has declared a distribution amount of $0.176020 per share with a record date of September 16, 2024, and a pay date of September 30, 2024. The distribution consists of return of capital. It is noted that the fund has distributed more than its net income and capital gains.
Full articleSummary: Saba Capital Management, L.P. strategically increased its holdings in BlackRock Health Sciences Trust II by acquiring an additional 47,682 shares, reflecting confidence in BMEZ and enhancing its portfolio. The recent acquisition was executed at a price slightly below the current market price, increasing the firm's total shares in BMEZ to 20,586,113. BMEZ operates in the health sciences sector with a focus on equity securities of companies.
Full articleSummary: BlackRock closed-end funds announced final results of Tender Offers which were oversubscribed, Shares to be purchased on a pro rata basis. Payments expected within five business days. Offer made pursuant to documents filed with SEC.
Full articleSummary: Private Advisor Group LLC raised its stake in BlackRock Health Sciences Term Trust by 24.0% during the 4th quarter. Other large investors also modified their holdings. Major shareholder Saba Capital Management, L.P. acquired 193,297 shares. The company announced a monthly dividend.
Full articleSummary: BlackRock announced increased distribution rates under five of their Funds to support a level monthly distribution of income, capital gains, and/or return of capital, effective immediately. The Funds will adopt a managed distribution plan based on their 12-month rolling average daily net asset value, calculated 5 business days prior to the declaration date of each distribution.
Full articleSummary: BlackRock announced increased distribution rates for certain closed-end funds with monthly returns, adjusting the annual distribution rates of ECAT and BCAT to 20% and BMEZ, BSTZ, BIGZ to 12%. The Board of Trustees aims to enhance returns for shareholders through managed distribution plans.
Full articleSummary: Benjamin F. Edwards & Company Inc. increased its holdings in BlackRock Health Sciences Term Trust by 24.1% in the fourth quarter, while several other hedge funds also acquired shares of the company. The stock of BlackRock Health Sciences Term Trust increased by 0.1%. The company announced a monthly dividend and there was insider buying activity reported.
Full articleSummary: BlackRock closed-end funds announced the adoption of discount management programs, offering to repurchase a portion of common shares at a discount to NAV under certain conditions. The Program consists of four Measurement Periods ending March 31, 2025, aimed at enhancing long-term shareholder value.
Full articleSummary: BlackRock closed-end funds announced the adoption of discount management programs, offering to repurchase a portion of common shares if certain conditions are met during specified time periods. The adoption of the programs is to enhance long-term shareholder value.
Full articleSummary: BlackRock closed-end funds have announced the adoption of discount management programs, offering to repurchase a portion of common shares at a discount on NAV if certain conditions are met. The programs will be executed in four Measurement Periods until March 31, 2025.
Full articleSummary: BlackRock closed-end funds announced adoption of a discount management program consisting of four Measurement Periods expiring in 2025 with the goal of repurchasing shares at a discount, promoting long-term shareholder value.
Full article