CII: Appealing Long-Term Fund For Generating Attractive Monthly Distributions [Seeking Alpha]
Blackrock Capital and Income Fund, Inc. (CII)
US:NYSE Investor Relations:
blackrock.com/investing/products/240242/blackrock-enhanced-capital-and-income-fund-inc-usd-fund
Company Research
Source: Seeking Alpha
CII implements a covered call strategy, which can limit upside potential but brings in options premiums for higher distribution rates. The fund's distribution yield is 6.23% and, naturally, primarily relies on capital gains from its portfolio, which has not been a problem lately. This idea was discussed in more depth with members of my private investing community, CEF/ETF Income Laboratory. Learn More » Written by Nick Ackerman, co-produced by Stanford Chemist. BlackRock Enhanced Capital and Income Fund Inc ( NYSE: CII ) continues to trade at an attractive discount. The fund's performance has been quite strong thanks to the heavy tech exposure it carries. This is a closed-end fund that benchmarks against the Russell 1000 Index and also implements a covered call strategy on a portion of its portfolio. The covered call strategy can limit some upside potential, but it can also bring in options premiums that can mean higher distribution rates for its shareholders. Our last upda
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Sec Filings
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- CII's page on the SEC website