BOE invests in a portfolio of dividend-paying stocks from around the world and writes covered c… BlackRock Enhanced Global Dividend Trust aims to provide current income and gains to investors, with long-term capital appreciation as a secondary goal. Carefully consider the Funds’ investment objectives, risk factors, and charges and expenses before investing. This and other information can be found in the Funds’ prospectuses which may be obtained by visiting the SEC Edgar database. Business Involvement metrics are calculated by BlackRock using data from MSCI ESG Research which provides a profile of each company’s specific business involvement.
BlackRock funds are also available through certain brokerage accounts.
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Business Involvement metrics can help investors gain a more comprehensive view of specific activities in which a fund may be exposed through its investments. Despite issuing all that stock, the company’s cash position (cash, cash equivalents, and restricted cash) has fallen from $1.5 billion at the end of last June to around $1 billion at the end of the second quarter. Meanwhile, the company has nearly $1.7 billion of total liabilities, which includes convertible senior notes, various lease obligations, and other liabilities. The company has raised over $570 million this year via the proceeds of public and private stock offerings. That’s a massive amount of stock dilution for a company with a market cap currently around $1.7 billion. The current dividend yield for BlackRock Enhanced Global Dividend Trust is 6.79%.
Plug Power isn’t a buy at any price
The discount remains attractive on this fund that focuses on global positions. BOE’s largest sector allocation is to tech, though not overwhelmingly so. The first period of Tender Offers for the BlackRock equity CEFs is now complete.
- It invests in stocks of companies across all market capitalizations.
- Many Americans are looking for additional sources of income to help offset rising food and energy bills.
- The fund offers a global tilt and implements a covered call writing str…
- I have added to five positions in my portfolio, but I haven’t included any new names.
- A return of capital may occur, for example, when some or all of a shareholder’s investment is paid back to the shareholder.
BOE: Looking Attractive With A Deep Discount
Derivatives entail risks relating to liquidity, leverage and credit that may reduce returns and increase volatility. There is no assurance that the Fund will achieve its investment objective. The Fund is subject to numerous risks, including investment risks.
ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities. I have added to five positions in my portfolio, but I haven’t included any new names. There was a mix of funds that were at attractive discounts, but also some that were pushing premiums. BOE’s discount is attractive and leads to an enticing distribution yield for shareholders. The fund’s option writing and sector diversification strategy have helped keep losses at a relatively reduced… Investors today are desperate for additional sources of income to maintain their lifestyles in the face of the rapidly rising cost of living.
She sits on the team’s Leadership Committee and also provides research analyst coverage, https://forexanalytics.info/ primarily of the financials sector. Olivia has 14 years of industry experience and has been co-PM on the Global and International Dividend strategies for over three years. She was named as a portfolio manager in recognition of her experience as well as her significant contributions to the Global Core Equity team as a research analyst.
BOE Dividend Payments
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. Christopher M. Accettella, Director, is a member of the Equity Derivatives team within BlackRock’s Fundamental Active Equity division. He is a portfolio manager for equity derivatives overlay and hedging assignments, including BlackRock’s equity closed end funds. Kyle G. McClements, CFA, Managing Director, is Head of the Equity Derivatives team within BlackRock’s Fundamental Active Equity division. For more information regarding a fund’s investment strategy, please see the fund’s prospectus. Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.
BlackRock Enhanced Global Dividend Trust Stock Price Performance
A return of capital may occur, for example, when some or all of a shareholder’s investment is paid back to the shareholder. A return of capital distribution does not necessarily reflect a Fund’s investment performance and should not be confused with ‘yield’ or ‘income’. When distributions exceed total return performance, the difference will reduce the Fund’s net asset value per share. A Form 1099-DIV for the calendar year will be sent to shareholders to illustrate how the Fund’s distributions should be reported for federal income tax purposes.
BlackRock Enhanced Global Dividend Trust Return vs. S&P
The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security.
The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation. The screening applied by the fund’s index provider may include revenue thresholds set by the index provider. The information displayed on this website may not include all of the screens that apply to the relevant index or the relevant fund. These screens are described in more detail in the fund’s prospectus, other fund documents, and the relevant index methodology document. Returns are shown net of advisory fees paid by the fund and net of the fund’s operating fees and expenses.
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