BlackRock ESG Capital Allocation Term Trust (ECAT)
| Market Value | 1.71B |
| Revenue (ttm) | n/a |
| Net Income (ttm) | n/a |
| Shares Out | 101.89M |
| EPS (ttm) | n/a |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $3.68 (21.99%) |
| Ex-Dividend Date | Dec 16, 2024 |
| Volume | 346,853 |
| Open | 16.47 |
| Previous Close | 16.64 |
| Day's Range | 16.40 - 16.87 |
| 52-Week Range | 15.96 - 18.14 |
| Beta | 0.96 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About ECAT
BlackRock ESG Capital Allocation Term Trust is a newly-organized, non-diversified, closed-end management investment company with no operating history. It provides total return and income through a combination of current income, current gains and long-term capital appreciation. The company is headquartered in Wilmington, DE. [Read more]
News
ECAT: A High Distribution Yield With Key Activist Remaining Invested
BlackRock ESG Capital Allocation Term Trust maintains a high distribution yield, but the discount continues to narrow. I remain neutral and cautious on ECAT stock at its current shallow discount, but ...
ECAT: 21% Yield On ESG Stocks
The article provides an in-depth profile of a high-yield fund, including its dividend history, holdings, and performance metrics. Detailed analysis of the fund's valuation is included to help investor...
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...
ECAT: High Distribution Helps Narrow Discount
BlackRock ESG Capital Allocation Term Trust provides investors exposure to a highly flexible and diversified portfolio of equities and fixed-income securities. The fund had significant activist pressu...
9 Closed-End Fund Buys In The Month Of August 2024
The broader equity market saw declines in early August but ended near all-time highs to finish off the month. I put some capital to work this month at the low, but not as much as I had planned initial...
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...
ECAT: One Of The Dirty Dozen CEFs Now Yields 20% And Is A Buy Before The Discount Closes
ECAT has shown strong performance, exceeding the S&P 500 total return in the past year, and now offers a 20% yield at market price while trading at a discount. The fund's strategy includes a mix of eq...
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...
U.S. Court of Appeals for the Second Circuit Reaffirms Ruling That Certain Closed-End Funds, Including Funds Advised by BlackRock, Violated the Investment Company Act of 1940
NEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. (together with certain of its affiliates, “Saba” or “we”) today commented on the outcome of the appeal brought in the United States Court of Ap...
U.S. District Court for the Southern District of New York Denies BlackRock's Motion to Dismiss Saba Capital's Entrenchment Bylaw Lawsuit
NEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. (together with certain of its affiliates, “Saba” or “we”) today commented on a ruling in the lawsuit it brought in the United States District C...
4 Closed-End Fund Buys In The Month Of May 2024
The overall broader indexes were heading higher after April's rather brief and shallow pullback. There was a bit more volatility toward the end of the month, which will be interesting to see if that d...
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 ...
ECAT: 20% Yield, Significant Changes May Be On The Way
Closed end funds often sell discounted to their daily NAV/share, making them attractive for high-yield investors. BlackRock ESG Capital Allocation Term Trust is a CEF that focuses on environmental, so...
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...
5 High Yield CEFs That Raised Distributions In 2024
Several high-yielding closed-end funds have announced increased monthly distributions for 2024. The funds mentioned have a forward annual yield exceeding 10%, except for one that yields 9.5%.
My Top 10 Closed-End Fund Holdings: December 2023
I have a total of 41 positions in my closed-end fund portfolio, with the top ten positions making up 36.52% of the portfolio. We have four new names making their way to my top ten list since the prior...
BlackRock ESG Capital Allocation Term Trust (ECAT) Announces Increase to Distribution Under Managed Distribution Plan
NEW YORK--(BUSINESS WIRE)--BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT, the “Trust”) announced an increase to its monthly distribution amount per share. This change was made in order to be...
ECAT: Attractive Discount And Activist Position Grows
BlackRock ESG Capital Allocation Term Trust is a target of the activist group Saba Capital Management. Even if Saba is unsuccessful, the fund is still worth considering with the large discount in a hi...
5 Closed-End Fund Buys In The Month Of October 2023 (And 1 ETF)
October was a challenging month for the equity and fixed-income markets, with surging risk-free rates in the Treasury market putting pressure across the board. I've added to positions with utility, RE...
The Dirty Dozen CEFs From 2021: A Summary
In 2021, a dozen closed-end funds, or CEFs, were launched, but none of them performed well, with all of them experiencing negative total returns since inception. The CEFs trade at wide discounts to NA...
BIGZ, BMEZ, BSTZ, BCAT, and ECAT Repurchased over $137 Million of Shares in 2023
NEW YORK--(BUSINESS WIRE)--BlackRock Advisors, LLC (“BlackRock”) released today share repurchase activity for certain BlackRock-advised closed-end funds (the “Funds”) during the quarter ended Septembe...
ECAT: Activist Saba Capital Has Been Buying This ESG Focused CEF Which Yields 9.9%
BlackRock ESG Capital Allocation Trust (ECAT) aims to provide total return and income through flexible investments in public and private markets tied to ESG growth opportunities. The fund is well-dive...