BlackRock Health Sciences Trust (BME)
BME Price and Sentiment
BME Latest news
Closed-End Funds: Revisiting The Funds That Have Never Cut Distributions And Have An Inception Pre-20082021-10-19 19:09
There were a total of 7 closed-end funds that have never cut their distributions with inceptions before 2008/09's GFC. We will see the loss of one of those names with PKO set to merge with PDI.
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.
Market volatility has been ramping up throughout the month of September as historically it has been the weakest month. We are at historically narrow discounts/premiums for closed-end funds and that could mean things get even more volatile.
BME's portfolio is dominated by large-cap healthcare names that are rather boring.
BlackRock Health Sciences is a close-ended fund with a healthcare focus. The fund utilizes complex options strategies to optimize its overall returns.
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 Trust II (NYSE: BMEZ), BlackRock Enhanced Global Dividend Trust (NYSE: BOE), BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI), Black
A 5% yield in a hot sector is attractive if the distribution is well supported.
We recently touched on rights offerings and tender offers, and today we'll discuss at-the-market offerings.
BME is a healthcare-focused fund that has a long and successful track record. This fund is one of the most consistent dividends payers, never cutting their distribution since inception - and that is with an inception pre-2008.