BlackRock Core Bond Trust (BHK)
BHK Price and Sentiment
BHK Latest news
A reliable selection criterion for building a portfolio of funds that are likely to produce above-average returns over the long haul is the goal of every CEF investor. For me, the flexible combination of a positive NAV since inception, discount on NAV, and leverage represents a practical rule of thumb for long-term CEF investing.
Investors continue to struggle with generating any degree of income off of the assets in their portfolios. BHK invests in mostly high-quality investment-grade bonds, particularly U.S. Treasuries, so is able to keep its default rate incredibly low.
BTZ's diversified holdings, strong 6.5% distribution yield, and market-beating returns make the fund a buy.
BHK is a diversified bond fund. It is also one of the strongest, safest bond funds in the market today.
Fixed income CEF discounts continue to tighten and are approaching 20-year highs. This won't last for long. Part II of this report will focus on when this ends.
NEW YORK--(BUSINESS WIRE)--Today, BlackRock Enhanced Government Fund, Inc. (NYSE: EGF) , BlackRock Debt Strategies Fund, Inc. (NYSE: DSU), BlackRock Floating Rate Income Strategies Fund, Inc. (NYSE: FRA), BlackRock Floating Rate Income Trust (NYSE: BGT), BlackRock Corporate High Yield Fund, Inc. (NYSE: HYT), BlackRock Credit Allocation Income Trust (NYSE: BTZ), BlackRock Limited Duration Income Trust (NYSE: BLW), BlackRock Core Bond Trust (NYSE: BHK), and BlackRock Multi-Sector Income Trust (NY
The BHK fund has generated strong returns supported by the low interest rate environment and fundamental tailwinds towards investment grade bonds. The fund appears expensive considering a historically narrow discount to NAV and also tight distribution yield which warrants caution.
If you’re looking to boost your portfolio’s income stream, look at CEFs yielding 7%+
BHK is a leveraged CEF focusing on fixed-income securities.