BlackRock Announces Release of Third Quarter Commentaries for Certain Closed-End Funds (BIGZ, BSTZ, BMEZ and BCAT)

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Nov 08, 2021

BlackRock is seeking to generate income and provide access to private markets using the “closed” fund structure. Closed-end funds have long been used for their income potential - for example, the average closed-end fund yields 6.3%1. Unlike other daily liquid funds, many closed-end funds can invest in private markets that may enhance returns by accessing the illiquidity premium. With interest rates at historic lows and public equity markets reaching all-time highs, BlackRock believes investors should consider closed-end funds to help address these investor challenges.