BlackRock Announces Distribution Increases for Certain Closed-End Funds
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BlackRock has announced increases in monthly distribution amounts for certain closed-end funds, including BCX, under their managed distribution plans. The December distributions have been declared early.
November 22, 2024 | 10:45 pm
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BlackRock has increased the monthly distribution for BCX, a closed-end fund, under its managed distribution plan. This could attract more investors seeking income.
The increase in monthly distribution for BCX is likely to attract income-focused investors, potentially driving up demand and the fund's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80