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BTZ: 6.8% yielding CEF, Supported By Current Low-Interest Rate Environment

johnNjohnN
edited February 2020 in The Bullpen
https://seekingalpha.com/article/4323606-btz-6_8-yielding-cef-supported-current-low-interest-rate-environment

Btz yielding CEF, Supported By Current Low-Interest Rate Environment
Feb. 12, 2020 4:07 PM ETBlackRock Credit Allocation Income Trust IV (BTZ)AGG, BHK, BLK

The key bullish catalyst is an expected steady interest rate environment in the U.S. over the next several quarters.
The fund recently reported a monthly distribution of $0.0832, which currently makes up a 6.83% yield.
The fund has outperformed its key benchmark, Bloomberg Barclays US Aggregate Bond, by a wide margin over the last 10 years
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