BlackRock Capital Allocation Term Trust (BCAT)
| Market Value | 1.57B |
| Revenue (ttm) | n/a |
| Net Income (ttm) | n/a |
| Shares Out | 107.46M |
| EPS (ttm) | n/a |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $3.13 (21.46%) |
| Ex-Dividend Date | Mar 14, 2025 |
| Volume | 552,538 |
| Open | 14.59 |
| Previous Close | 14.66 |
| Day's Range | 14.57 - 14.67 |
| 52-Week Range | 14.48 - 17.18 |
| Beta | 0.77 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About BCAT
BlackRock Capital Allocation Term Trust is a newly organized, non-diversified, closed-end management investment company with no operating history. Its investment objectives are to provide total return and income through a combination of current income, current gains and long-term capital appreciation. The Trust is headquartered in Wilmington, DE. [Read more]
News
CEF Weekly Review: Will BTT Terminate?
We review the CEF market valuation and performance through the first week of March and highlight recent market action. Nearly all CEF sectors were down due to poor risk sentiment, but year-to-date per...
BCAT: NAV May Continue To Erode Due To Generous Distribution (Rating Downgrade)
BlackRock Capital Allocation Term Trust offers a 22.7% dividend yield, making it attractive for income-focused investors despite a 4.3% price decline in the past year. BCAT's blended portfolio of equi...
Certain BlackRock Closed-End Funds Announce Renewal of Discount Management Programs
NEW YORK--(BUSINESS WIRE)---- $BCAT--The BlackRock closed-end funds listed below (each, a “Fund” and collectively, the “Funds”) announced today the renewal of their discount management programs (each,...
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
NEW YORK--(BUSINESS WIRE)---- $BBN--Today, BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYS...
CEF Weekly Review: Explaining Preferred CEFs Double-Digit Gains
We review the CEF market valuation and performance through the first week of February and highlight recent market action. CEFs had a strong week, with most sectors in the green, driven by EM Equity an...
BCAT: Multi-Asset Fund Provides Hefty Distribution Yield (Rating Downgrade)
BCAT delivers a sizeable distribution yield thanks to its 20% managed distribution policy, which seemed to have helped the fund's discount narrow since our prior update. This policy, along with a disc...
BCAT: Big Yield, 8% Discount On Fixed Income/Equity Mix
BlackRock Capital Allocation Term Trust offers a balanced mix of 55% equity and 45% fixed income, with a big dividend yield. BCAT's monthly payout increased significantly in June 2024, resulting in a ...
Certain BlackRock Closed-End Funds Announce Tender Offer in Conjunction with Results of the Quarterly Measurement Period of their Discount Management Programs
NEW YORK--(BUSINESS WIRE)---- $BCAT--The BlackRock closed-end funds (the “Funds”) listed below announced today the results of the Quarterly Measurement Period (as defined below) under their previously...
BCAT: The Easy Money Has Been Made (Rating Downgrade)
Shares of BlackRock Capital Allocation Term Trust have delivered a 21% total return since my January 30, 2024, Buy recommendation. BCAT's outperformance has been driven by a significant narrowing of i...
Distribution Dates and Amounts Announced for ECAT, BCAT, BMEZ, BSTZ and BIGZ
NEW YORK--(BUSINESS WIRE)---- $BCAT--Today, each of BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT), BlackRock Capital Allocation Term Trust (NYSE: BCAT), BlackRock Health Sciences Term Trust...
Certain BlackRock Funds Announce Expiration and Preliminary Results of Tender Offers: CII, BDJ, BGR, BCAT
NEW YORK--(BUSINESS WIRE)---- $BCAT--The BlackRock closed-end funds (the “Funds”) listed below announced today the expiration and preliminary results of each Fund's tender offer (each, a “Tender Offer...
BCAT: May Benefit From Future Interest Rate Cuts
BlackRock's Capital Allocation Term Trust offers a high yield of 21% with monthly distributions, providing a steady income stream for investors. BCAT's portfolio strategy includes a diverse mix of equ...
BlackRock Announces Certified Results of 2024 Annual Meetings of Ten Contested Closed-End Funds
NEW YORK--(BUSINESS WIRE)--BlackRock Advisors, LLC (“BlackRock”) announced today the final certified voting results of the 2024 Annual Meetings of Shareholders (the “Annual Meetings”) of the ten close...
Glass Lewis Supports ALL of BlackRock's Board Nominees and Rejects ALL of Saba's Proposals to Terminate BlackRock as Investment Adviser at Contested CEF Annual Meetings
NEW YORK--(BUSINESS WIRE)--BlackRock Advisors, LLC (“BlackRock”) announced today that leading independent proxy advisory firm Glass Lewis has issued recommendations for the reelection of ALL of BlackR...
ISS Rejects ALL Proposals to Terminate BlackRock as Investment Adviser and Recommends Shareholders Support ALL BlackRock Board Nominees at BCAT, BMEZ, BNY, MPA on WHITE Proxy Card at Upcoming CEF Annual Meetings
NEW YORK--(BUSINESS WIRE)--BlackRock Advisors, LLC (“BlackRock”) announced today that Institutional Shareholder Services Inc. (“ISS”), a leading independent proxy advisory firm, has issued additional ...
CEF Report | May 2024 | Activism Is Heating Up
Taxable bond CEF space value shrinking as discounts tighten. Opportunities exist, especially following activists. Focus on top-down assessment, cheap sectors, and specific funds like Cohen & Steers Se...
Will ECAT And BCAT Be The Poster Children Of A Market Top?
There appears to be growing evidence that CEF fund sponsors and income-hungry investors are willing to sacrifice longer-term fund prosperity for higher yields today. By increasing annualized NAV distr...
Finding Opportunities In The Closed-End Fund World
Closed-end funds have unique features that make them very attractive investment vehicles for the right asset classes and investors who understand them. Especially for complex and/or less liquid asset ...
Saba Capital Releases Presentation Detailing Plan to Deliver Enhanced Shareholder Value at 10 BlackRock Closed-End Funds
NEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. (together with its affiliates, “Saba” or “we”) today issued a presentation detailing its plan to deliver shareholder value at 10 BlackRock Advi...
BlackRock Announces Increased Distribution Rates for Certain Closed-End Funds
NEW YORK--(BUSINESS WIRE)--Today, the Board of Trustees of each of BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT), BlackRock Capital Allocation Term Trust (NYSE: BCAT), BlackRock Health Scie...
Certain BlackRock Closed-End Funds Announce Adoption of Discount Management Program
NEW YORK--(BUSINESS WIRE)---- $BCAT--The BlackRock closed-end funds (the “Funds”) listed below announced today the adoption of discount management programs (the "Programs"). Under the terms of the Pro...
BCAT: Attractive Discount And Activist Pressure Heating Up
BlackRock Capital Allocation Term Trust (BCAT) is a closed-end fund that offers exposure to a diversified portfolio of fixed income and equities. BCAT's discount has narrowed since November but has wi...
BCAT: Large Discount To NAV And Private Markets Exposure
The BlackRock Capital Allocation Term Trust offers investors exposure to private credit and private equity assets. The fund has delivered poor historical performance but is now trading at a substantia...
BCAT: Deeply Discounted As Saba Builds Larger Position
BlackRock Capital Allocation Term Trust provides exposure to an actively managed portfolio split between equities and fixed-income. The fund continues to operate without leveraging up from borrowings,...
BCAT: A Very Interesting Blended Term Fund With A 10% Yield
The BlackRock Capital Allocation Term Trust is an interesting term closed-end fund that liquidates in 2032. The fund invests in both stocks and bonds, which is unusual for a term fund, but it could ac...