BlackRock Enhanced Government Fund, Inc. (EGF)
| Market Value | 36.06M |
| Revenue (ttm) | 1.81M |
| Net Income (ttm) | 765,766 |
| Shares Out | 3.74M |
| EPS (ttm) | 0.20 |
| PE Ratio | 47.09 |
| Forward PE | n/a |
| Dividend | $0.49 (5.10%) |
| Ex-Dividend Date | Dec 16, 2024 |
| Volume | 176 |
| Open | 9.65 |
| Previous Close | 9.66 |
| Day's Range | 9.65 - 9.65 |
| 52-Week Range | 9.05 - 11.51 |
| Beta | 0.27 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About EGF
BlackRock Enhanced Government Fund, Inc. is a closed-ended fixed income mutual fund launched by BlackRock, Inc. It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It primarily invests in a portfolio of United States government and government agency securities, including the U.S. government mortgage-backed securities. The fund invests in non U.S. government debt securities of foreign or domestic issuers, including commercial paper, notes, corporate bonds, debentures, asset-backed securities, mortgage-backed secur... [Read more]
News
CEF Weekly Review: The Difficulties Of High-Quality CEFs
We review the CEF market valuation and performance through the second week of December and highlight recent market action. CEFs mostly declined this week due to a 0.25% rise in 10-year Treasury yields...
BlackRock Announces Board Approval of Closed-End Fund Reorganization
NEW YORK--(BUSINESS WIRE)---- $BKT--BlackRock Advisors, LLC announced today that the Boards of Directors of BlackRock Enhanced Government Fund, Inc. (NYSE: EGF) and BlackRock Income Trust, Inc. (NYSE:...
BlackRock Enhanced Government Fund, Inc. Completes Annual Repurchase Offer
NEW YORK--(BUSINESS WIRE)---- $EGF--BlackRock Enhanced Government Fund, Inc. (the “Fund”) (NYSE: EGF, CUSIP: 09255K108) today announced the completion of its annual offer to repurchase a portion of it...
BlackRock Enhanced Government Fund, Inc. Announces Expiration of Annual Repurchase Offer
NEW YORK--(BUSINESS WIRE)---- $EGF--BlackRock Enhanced Government Fund, Inc. (the “Fund”) (NYSE: EGF, CUSIP: 09255K108) announced the expiration of the Fund's annual repurchase offer for its shares of...
BlackRock Enhanced Government Fund, Inc. Announces Upcoming Repurchase Offer
NEW YORK--(BUSINESS WIRE)---- $EGF--Today, BlackRock Enhanced Government Fund, Inc. (the "Fund") (NYSE: EGF, CUSIP: 09255K108) announced that the annual offer to repurchase outstanding shares of commo...
Rates Spark: ECB Presser Bear-Flattened The Curve
The ECB cut rates by 25bp as widely anticipated, but a slightly hawkish tilt bear flattened the EUR curve, which in our view remains priced aggressively. In the US, as the markets head towards the Fed...
Current Alpha Opportunities In The CEF Space
With market valuations back to expensive levels, we are looking at a number of alpha strategies in the CEF space. These include interval and term funds, relative value as well as leaning against inves...
Estimating The Impact Of Lower Rates On Bond Fund Dividends
It generally takes a few years for changes in Federal Reserve rates to fully impact bond fund dividends. Bond funds are still benefitting from prior rate hikes. Perhaps by enough to cancel out any fut...
Closed-End Funds: Investment-Grade Corporate Fixed-Income Exposure To Consider
Investment-grade corporate-focused closed-end funds offer attractive fixed-income options with higher yields in the current higher-rate environment. Leverage and discounts/premiums in CEFs add volatil...
Selling Time? Oil, Inflation, Debt Concerns And A T-Bill Portfolio
The market is showing signs of weakness and lacks sustainable upside momentum. The recent sell-off has broken key moving averages, indicating a potential shift in market sentiment.
Closed-End Funds: Term Structure Potential Vs. Perpetual Funds
Term funds have a few topics making them different that I hope to clear up with today's overview. Term funds can benefit shareholders as NAV is realized one way or another.
EGF - AAA Fund With Overwritten Swaptions
BlackRock Enhanced Government Fund is a fixed income closed-end fund. The CEF comes from the BlackRock suite but is on the small side with only a $40 mm AUM.
Rates Outlook: Swap Spreads To See Widening Pressure
While there is upward pressure on market rates in 2022, it's not coming from higher net supply. In fact, lower net supply can help to richen government bonds. On top of that, we should see flatter cur...
Tapering Impact On Treasury Supply
At the November FOMC meeting, the Fed officially announced that it would begin tapering its bond purchase program, starting in mid-November. When the Fed began tapering its QE3 program over the course...
CEF Weekly Market Review: October Brings Better Tidings
We review CEF market valuation and performance over the third week of October and highlight recent market events. The CEF market has partly retraced its September weakness as equity NAV strength and a...
Rates Spark: The Long Way Up
Higher rates are ongoing, but we wouldn't blame it on the, very moderate in our view, central bank tone. Improving economic data after the Covid 19-induced soft patch is a more credible, and durable, ...
Federal Reserve Watch: Fed Keeps Reserves Into Commercial Banks
The commercial banking system now maintains the largest amount of reserve balances it has ever held, thanks to the effort of the Federal Reserve System. Because of this liquidity in the banks, short-t...
Volatility Despite Good EU Numbers - This Is How I Invest
I don't often write articles on the general economy or macro. However, for the past five weeks, I've gotten requests and messages to talk about what numbers and trends indicate. Given that I'm a EU in...
