Blackrock ESG Capital Allocation Trust

Aberdeen Standard Global Infr Inc Fd

Nuveen AMT-Free Municipal Value Fund

In June, the broader indexes headed higher, with more participation outside of only the mega-cap growth names. As usual, I continue to put capital to work every month, but I've also been letting some cash accumulate, too, as the broader indexes continue to march. This month I've added to my position in ASGI and NUW; I've also added ECAT as a new position to my portfolio as a tactical play.

3 Closed-End Fund Buys In The Month Of June 2023

Adams Diversified Equity Fund

BlackRock Innovation & Growth Trust

ClearBridge Energy MLP Fund Inc

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

Saba Capital has submitted a notice of intent to nominate four independent trustee candidates for BlackRock ESG Capital Allocation Trust's board and present five advisory proposals at the annual meeting. The activist shareholder aims to address the underperformance and significant discount to NAV of the closed-end fund (CEF). We believe Saba Capital's involvement is positive for the CEF's shareholders, as it has a history of creating value by closing gaps between fund assets and share values.

ECAT: Saba Trying To Shake Things Up

Bancroft Fund Ltd

Center Coast Brookfield MLP & Energy Infrastructure Fund

Destra Multi-Alternative Fund

Western Asset Mortgage Opportunity Fund

DNP Select Income Fund Inc

Eagle Point Credit

Eagle Point Credit Company Inc - 6.6875% NT REDEEM 30/04/2028 USD 25

Eaton Vance Enhanced Equity Income Fund II

Aberdeen Global Income Fund

First Trust Dynamic Europe Equity Income Fund

GDL Fund

Gabelli Multimedia Trust

Guggenheim Strategic Opportunities Fund

Gabelli Utility Trust

Highland Income Fund

Highland Global Credit Allocation Fund.

Voya Global Advantage and Premium Opportunity Fund

Voya Global Equity Dividend and Premium Opportunity Fund

CBRE Global Real Estate Income Fund

Discounts/premiums are one of the most important metrics for CEFs that can provide opportunities for investors. Closed-end funds often see expanded discounts during volatile years, which we experienced in 2022.

Closed-End Fund: April 2023 Check On Valuation

Alpine Total Dynamic Dividend Fund

YieldShares High Income ETF

If you're looking for the best closed-end funds (CEFs) to buy, it helps if you understand what they are and aren't. They are similar to initial public offerings (IPOs) and stocks in that an amount of capital is raised at the launch.

3 Closed-End Funds to Buy With Big Discounts

BlackRock ESG Capital Allocation Trust is a new multi-asset closed-end fund from BlackRock. The fund currently has a 60% equity/40% fixed income build being overweight large-cap growth names and investment-grade bonds.

ECAT: High ROC Fund Set For More Weakness

BlackRock Capital Allocation Trust

BlackRock Health Sciences Trust II

BlackRock 2037 Municipal Target Term Trust

BlackRock Science and Technology Trust II

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)

NEW YORK--( BUSINESS WIRE )--BlackRock Capital Allocation Trust (NYSE: BCAT) and BlackRock ESG Capital Allocation Trust (NYSE: ECAT) (each, a “Fund” and together, the “Funds”) announced distributions as detailed below, including increases to their annual distribution rates and monthly distribution amount per share. Each Fund has adopted a managed distribution plan (a “Plan”) to support a level distribution of income, capital gains and/or return of capital.

BlackRock Capital Allocation Trust (BCAT) and BlackRock ESG Capital Allocation Trust (ECAT) Announce Increases to Distribution Rates Under Managed Distribution Plan

NEW YORK--( BUSINESS WIRE )--BlackRock Advisors, LLC (“BlackRock”) will host a conference call on Wednesday, January 25th at 2:00pm ET featuring Rick Rieder, BlackRock's Chief Investment Officer of Global Fixed Income, and Portfolio Manager for BlackRock ESG Capital Allocation Trust (NYSE: ECAT) and BlackRock Capital Allocation Trust (NYSE: BCAT) (each, a “Trust”).

BlackRock ESG Capital Allocation Trust (ECAT) and BlackRock Capital Allocation Trust (BCAT) conference call featuring Rick Rieder to be held on Wednesday, January 25th at 2:00pm ET

ECAT is a recently launched asset allocation fund that adheres to ESG selection criteria. The fund pays a $0.10 / month distribution that has been 82% funded through ROC.

ECAT: ESG-Focused Asset Allocation Fund

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

ECAT fund was launched around one year ago. Since then, the broader equity and bond market has been under pressure.

ECAT: A Multi-Asset Fund With An Enticing Discount

NEW YORK--(BUSINESS WIRE)--BlackRock Advisors, LLC (“BlackRock”) will host a conference call on Thursday, April 14th at 10:30am ET featuring portfolio managers Rick Rieder, Tony Kim and Erin Xie. BlackRock closed-end funds covered: BlackRock Capital Allocation Trust (NYSE: BCAT, CUSIP: 09260U109) BlackRock ESG Capital Allocation Trust (NYSE: ECAT, CUSIP: 09262F100) BlackRock Science and Technology Trust II (NYSE: BSTZ, CUSIP: 09260K101) BlackRock Health Sciences Trust II (NYSE: BMEZ, CUSIP: 092

BlackRock Closed-End Fund (“CEF”) Call on Thursday, April 14th at 10:30am ET

ECAT launched relatively recently, at the end of September 2021 and is an interesting offering in the CEF space.

ECAT: A Glimpse Into This Newer Fund

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:

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

ECAT is a new $2 Billion BlackRock fund that invests in issues that meet ESG (environmental, social and governance) criteria.

ECAT: New BlackRock ESG Fund Yields 6.6% Available At An Attractive Discount

NEW YORK--(BUSINESS WIRE)--The Board of Trustees of BlackRock ESG Capital Allocation Trust (NYSE: ECAT, CUSIP: 09262F100) (the “Trust”) announced today the Trust's initial monthly distribution, payable on December 31, 2021. Details are as follows: Declaration Date- 11/29/2021   Ex-Date- 12/16/2021   Record Date- 12/17/2021   Payable Date- 12/31/2021 Trust Ticker Initial Monthly Per-Share Distribution Yield on Initial Public Offering (“IPO”) Price* BlackRock ESG Capital Allocation Trust ECAT $0.

News for Blackrock ESG Capital Allocation Trust ETF (ECAT)