BlackRock Capital Allocation Term Trust (NYSE:BCAT – Get Free Report) declared a monthly dividend on Friday, February 27th. Investors of record on Monday, June 15th will be given a dividend of 0.2579 per share on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 19.3%. The ex-dividend date of this dividend is Monday, June 15th.
BlackRock Capital Allocation Term Trust Price Performance
NYSE:BCAT opened at $16.04 on Friday. The business’s fifty day moving average price is $15.27 and its 200 day moving average price is $14.83. BlackRock Capital Allocation Term Trust has a 1-year low of $13.73 and a 1-year high of $16.05.
About BlackRock Capital Allocation Term Trust
BlackRock Capital Allocation Term Trust (NYSE: BCAT) is a closed-end, diversified management investment company organized as a term trust. The fund’s primary objective is to deliver high current income and total return by investing across a broad range of credit and equity markets. BCAT seeks to achieve this objective through a portfolio of corporate debt securities, floating-rate loans, convertible securities, common and preferred equity, and asset-backed securities.
BCAT employs an actively managed, multi-sector credit approach that spans investment-grade and below-investment-grade bonds, senior secured loans and structured credit.
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