BlackRock Capital Allocation Term Trust

BCAT

時価総額 $13.8億

NEW YORK--(BUSINESS WIRE)---- $BCAT--The BlackRock closed-end funds (the “Funds”) listed below announced today the results of the Measurement Period (as defined below) under their previously announced discount management programs (the “Programs”). Under the Programs, if a Fund's common shares trade at an average daily discount to net asset value ("NAV") of greater than 10.00% during the 9-month measurement period (the "Measurement Period"), the Fund intends to offer to repurchase, as soon as practicable.

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.

BlackRock Capital Allocation Term Trust announced a rights offering with a conservative 1-for-5 ratio and a 98.5% NAV floor. The subscription price is set at 95% of market price, capped at $0.01 below NAV, minimizing dilution to a worst-case ~-0.25%. BCAT's premium compressed sharply post-announcement, highlighting the risk of holding CEFs at elevated premiums ahead of offerings.

NEW YORK--(BUSINESS WIRE)---- $BCAT--BlackRock Capital Allocation Term Trust (NYSE: BCAT) (the "Fund") today announced the terms of transferable rights ("Rights") to be issued to the holders of the Fund's common shares of beneficial interest, par value $0.001 per share ("Shares"), as of September 25, 2026 (the "Record Date"). Holders of Rights will be entitled to subscribe for additional Shares (the "Offer") at a discount to the net asset value (“NAV”) of the Shares. BlackRock Advisors, LLC (the “Adviser.

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.

A year ago, the Guggenheim Strategic Opportunity fund (GOF) was on top of the CEF world, trading at a 30% market price premium over its NAV. But there was another equity/fixed-income CEF coming up on its heels and once the BlackRock Capital Allocation fund (BCAT) got a 124% distribution raise in 2024, it was off to-the-races. The result has been one of the most diverging fortunes for both funds that I have ever seen in CEFs.

BlackRock Capital Allocation Term Trust remains a hold, with its high yield supported by recent tech-driven rallies but unsustainable over the long term. BCAT's option writing and concentrated portfolio have fueled outperformance, but these strategies cap long-term growth and risk NAV erosion as payouts exceed earnings. Current distributions are largely return of capital, with 91% YTD, signaling NAV drawdown and limited sustainability if market momentum fades or interest rates rise.

NEW YORK--(BUSINESS WIRE)--BlackRock Provides Update on Closed-End Fund Discount Management Programs.

NEW YORK--(BUSINESS WIRE)--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), BlackRock Enhanced Large Cap Core Fund, Inc. (NYSE: CII), BlackRock Science and Technology Trust (NYSE: BST), BlackRock Science and Technology Term Trust (NYSE: BSTZ), BlackRock Technology and Private Equity Term Trust (NYSE: BTX), BlackRock Capital Allocation Term Trust (NYSE: BCAT), and BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT) (collectively, the “Funds”) paid the following distributions per share:

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.