BlackRock Call Replay for BCAT and BIGZ Closed-End Funds Now Available
BlackRock held a conference call on June 24 featuring portfolio managers Rick Rieder and Phil Ruvinsky, discussing the performance and strategies of BlackRock Capital Allocation Trust (NYSE: BCAT) and BlackRock Innovation and Growth Trust (NYSE: BIGZ).
Listeners can access the replay by dialing 888-203-1112, using the passcode 7885364. For more updates, investors are encouraged to visit www.blackrock.com/CEF.
- Conference call showcased insights from portfolio managers.
- Accessibility of performance updates for investors.
- Continued engagement in financial technology and investment strategies.
- None.
Replay information is now available for the conference call held on Thursday, June 24th. The call featured Rick Rieder and Phil Ruvinsky, portfolio managers for BlackRock Capital Allocation Trust (NYSE: BCAT) and BlackRock Innovation and Growth Trust (NYSE: BIGZ), respectively.
Featuring:
- Rick Rieder, CIO of Global Fixed Income and Head of the Global Allocation Team
- Phil Ruvinsky, Portfolio Manager, Alpha Strategies Group
Replay details:
Dial-in |
888-203-1112 |
Replay Passcode |
7885364 |
For more information on BlackRock’s closed-end funds, please visit www.blackrock.com/CEF
About BlackRock
BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock
Availability of Fund Updates
BlackRock will update performance and certain other data for the Funds on a monthly basis on its website in the “Closed-end Funds” section of www.blackrock.com as well as certain other material information as necessary from time to time. Investors and others are advised to check the website for updated performance information and the release of other material information about the Funds. This reference to BlackRock’s website is intended to allow investors public access to information regarding the Funds and does not, and is not intended to, incorporate BlackRock’s website in this release.
Forward-Looking Statements
This press release, and other statements that BlackRock or a Fund may make, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to a Fund’s or BlackRock’s future financial or business performance, strategies or expectations. Forward-looking statements are typically identified by words or phrases such as “trend,” “potential,” “opportunity,” “pipeline,” “believe,” “comfortable,” “expect,” “anticipate,” “current,” “intention,” “estimate,” “position,” “assume,” “outlook,” “continue,” “remain,” “maintain,” “sustain,” “seek,” “achieve,” and similar expressions, or future or conditional verbs such as “will,” “would,” “should,” “could,” “may” or similar expressions.
BlackRock cautions that forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time. Forward-looking statements speak only as of the date they are made, and BlackRock assumes no duty to and does not undertake to update forward-looking statements. Actual results could differ materially from those anticipated in forward-looking statements and future results could differ materially from historical performance.
With respect to the Funds, the following factors, among others, could cause actual events to differ materially from forward-looking statements or historical performance: (1) changes and volatility in political, economic or industry conditions, the interest rate environment, foreign exchange rates or financial and capital markets, which could result in changes in demand for the Funds or in a Fund’s net asset value; (2) the relative and absolute investment performance of a Fund and its investments; (3) the impact of increased competition; (4) the unfavorable resolution of any legal proceedings; (5) the extent and timing of any distributions or share repurchases; (6) the impact, extent and timing of technological changes; (7) the impact of legislative and regulatory actions and reforms, including the Dodd-Frank Wall Street Reform and Consumer Protection Act, and regulatory, supervisory or enforcement actions of government agencies relating to a Fund or BlackRock, as applicable; (8) terrorist activities, international hostilities and natural disasters, which may adversely affect the general economy, domestic and local financial and capital markets, specific industries or BlackRock; (9) BlackRock’s ability to attract and retain highly talented professionals; (10) the impact of BlackRock electing to provide support to its products from time to time; and (11) the impact of problems at other financial institutions or the failure or negative performance of products at other financial institutions.
Annual and Semi-Annual Reports and other regulatory filings of the Funds with the Securities and Exchange Commission (“SEC”) are accessible on the SEC's website at www.sec.gov and on BlackRock’s website at www.blackrock.com, and may discuss these or other factors that affect the Funds. The information contained on BlackRock’s website is not a part of this press release.
IMPORTANT INFORMATION
Carefully consider a fund’s investment objective, risk factors, and charges and expenses before investing. This and other information can be found in the fund’s prospectus which may be obtained by visiting the SEC Edgar database. Read the prospectus carefully before investing.
This material is for informational purposes only and is not intended to be relied upon as research or investment or tax advice, and is not a recommendation, offer or solicitation to purchase or sell any securities or to adopt any investment strategy, nor shall any securities be offered or sold to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction.
There is no assurance that a fund will achieve its investment objective. Investing in a fund involves numerous risks, including investment risks and the possible loss of principal amount invested. The funds are not complete investment programs and you may lose money investing in a fund. An investment in a fund may not be appropriate for all investors.
Performance results reflect past performance and are no guarantee of future results. Current performance may be lower or higher than the performance data quoted. All returns assume reinvestment of all dividends and/or distributions at the price of the fund on the ex-dividend date. The dividend yield, market value and net asset value of a fund's shares will fluctuate with market conditions. Closed-end funds may trade at a premium to NAV but often trade at a discount.
The amounts and sources of fund distributions reported in any notices to shareholders are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon a fund's investment experience during the remainder of its fiscal year and may be subject to change based on tax regulations. A fund will send a Form 1099-DIV for the calendar year that will tell shareholders how to report these distributions for federal income tax purposes. Some funds make distributions of ordinary income and capital gains at calendar year end. Those distributions temporarily cause extraordinarily high yields. There is no assurance that a fund will repeat that yield in the future. Subsequent monthly distributions that do not include ordinary income or capital gains in the form of dividends will likely be lower.
Some investors may be subject to the alternative minimum tax (AMT).
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FAQ
What was discussed in the BlackRock conference call on June 24 regarding BCAT and BIGZ?
How can I access the replay of the BlackRock conference call?
Where can I find updates on BlackRock's closed-end funds?
