BlackRock Enhanced Government Fund, Inc. (EGF)

NYSE: EGF · Real-Time Price · USD
9.62
-0.37 (-3.74%)
Nov 20, 2024, 2:48 PM EST - Market closed
-3.74%
Market Value 35.95M
Revenue (ttm) 1.81M
Net Income (ttm) 765,766
Shares Out 3.74M
EPS (ttm) 0.20
PE Ratio 46.95
Forward PE n/a
Dividend $0.49 (5.12%)
Ex-Dividend Date Nov 15, 2024
Volume 236
Open 9.62
Previous Close 9.99
Day's Range 9.62 - 9.62
52-Week Range 9.05 - 11.51
Beta 0.25
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]

Sector Financials
Founded 2006
Country United States
Stock Exchange NYSE
Ticker Symbol EGF
Full Company Profile

News

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...

2 days ago - Business Wire

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...

5 days ago - Business Wire

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...

6 weeks ago - Business Wire

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...

2 months ago - Seeking Alpha

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...

Other symbols: HYIJPIPFORSF
5 months ago - Seeking Alpha

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...

10 months ago - Seeking Alpha

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...

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1 year ago - Seeking Alpha

Closed-End Funds: Revisiting Valuations As We End Q3 2023

Closed-End Funds: Revisiting Valuations As We End Q3 2023

1 year ago - Seeking Alpha

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.

1 year ago - Seeking Alpha

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.

1 year ago - Seeking Alpha

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.

2 years ago - Seeking Alpha

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...

3 years ago - Seeking Alpha

Mind The Bond Market

The deficit spending that supported the economy in 2020 is showing up in hot inflation numbers in 2021. While I think the inflation numbers will get better in 2022, I do not believe they will get back...

3 years ago - Seeking Alpha

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...

3 years ago - Seeking Alpha

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...

Other symbols: BGHDCFEICHFRORIVRSFTEI
3 years ago - Seeking Alpha

Inflation Expectations Come Unanchored

Inflation expectation is a key metric the Fed watches closely. Housing costs - based on different measures of rents - account for one-third of CPI.

3 years ago - Seeking Alpha

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, ...

3 years ago - Seeking Alpha

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...

3 years ago - Seeking Alpha

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...

3 years ago - Seeking Alpha

For Bonds It's Probably 'Game Over'

The tremendous bull bond market run from 1981 is probably now ending.

5 years ago - Seeking Alpha

Bonds Could Be The Fade Of A Lifetime

The world is in love with bonds, and it's not hard to understand why.

5 years ago - Seeking Alpha

Playing The Long Ball

The global financial markets are being held prisoner by rising trade tensions, primarily between the US and China.

5 years ago - Seeking Alpha

Front-Running Easy Money

The three-month stock-to-bond ratios in the U.S. and Europe have soared, indicating that equities should lose momentum in Q2 at the expense of a further decline in bond yields.

6 years ago - Seeking Alpha