BlackRock Core Bond Trust

BHK

Market cap $718M

Overview Fund Activity

9.94 USD

+0.07

0.71%

At close Updated Sep 16, 4:00 PM EDT

Pre-market

After hours

9.95

+0.01

0.1%

1 day

0.71%

5 days

0.4%

1 month

4.08%

3 months

2.9%

6 months

-6.49%

Year to date

-4.79%

1 year

-15.91%

5 years

-37.64%

10 years

-20.48%

About: Blackrock Core Bond Trust is a closed-ended management investment company. Its objective is to provide current income and capital appreciation. The trust seeks to achieve its investment objective by investing a majority of its managed assets in bonds that are investment-grade quality at the time of investment. The trust's investments will include a broad range of bonds, including corporate bonds, U.S. government and agency securities and mortgage-related securities.

Financials Asset Management

0

Funds holding %

of 7,463 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

200% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 9

104% more capital invested

Capital invested by funds: $129M [Q1] → $262M (+$133M) [Q2]

44% more repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 25

29.15% more ownership

Funds ownership: 21.95% [Q1] → 51.1% (+29.15%) [Q2]

17% more funds holding

Funds holding: 94 [Q1] → 110 (+16) [Q2]

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Financial journalist opinion

4 Stronger Alternatives To BND

BND is one of the largest bond ETFs in the market. It tracks a simple bond index, providing investors with diversified, broad-based exposure to these investments. BND compares unfavorably to several of its peers on different grounds, including dividend yield, returns, risk-adjusted returns, and tax benefits.

4 Stronger Alternatives To BND

BHK: Await Better Interest Rate Conditions Before Entry

BHK trades at a discount to its net asset value, offering potential value for investors seeking entry below intrinsic worth. The fund's current dividend yield is attractive at approximately 9.3%, appealing to income-focused investors. However, there are concerns regarding the sustainability of BHK's dividend coverage, which may impact future payouts.

BHK: Await Better Interest Rate Conditions Before Entry

Closed-End Funds: Screening For Potential Opportunities To Kick Off H2 2025

We closed out the first half of 2025, making it an appropriate time to give the overall CEF space a fresh look for potential opportunities. As the broader equity indexes have been performing quite well, discounts in the CEF space have narrowed overall. The best relative value more broadly is in the municipal bond space and the "hybrid" funds.

Closed-End Funds: Screening For Potential Opportunities To Kick Off H2 2025

BlackRock Core Bond Trust (BHK) Announces Results of its Over-subscribed Rights Offering

NEW YORK--(BUSINESS WIRE)---- $BHK--BlackRock Core Bond Trust (NYSE: BHK) (the "Fund") today announced the successful completion of its transferable rights offer (the “Offer”) which expired on June 18, 2025 (the “Expiration Date”). The Offer entitled rights holders to subscribe for up to an aggregate of 18,056,056 shares of the Fund's common shares of beneficial interest, par value of $0.001 per share (each, a “Common Share”). The final subscription price of $9.22 per Common Share was determined based u.

BlackRock Core Bond Trust (BHK) Announces Results of its Over-subscribed Rights Offering

BHK: Rights Offering Putting Pressure On This CEF

BHK is a fixed income CEF focused on investment grade bonds, currently under pressure due to higher rates and a newly announced rights offering. The rights offering allows investors to buy new shares at a 5-10% discount, but typically puts short-term pressure on share prices until late June. BHK's performance has lagged in 2025, down about 5% total return, mainly due to its leveraged exposure to long-term interest rates.

BHK: Rights Offering Putting Pressure On This CEF

CEF Weekly Wrap: Rights Offerings On A Roll

We review the CEF market valuation and performance through the fourth week of May and highlight recent market action. CEF markets declined as equity momentum faded and bond yields rose, with REIT and MLP sectors underperforming. BlackRock Core Bond Trust launched a rights offering, citing higher yields.

CEF Weekly Wrap: Rights Offerings On A Roll

BlackRock Core Bond Trust (BHK) Announces Terms of Rights Offering

NEW YORK--(BUSINESS WIRE)---- $BHK--BlackRock Core Bond Trust (NYSE: BHK) (the "Fund") today announced that its Board of Trustees (the "Board") has approved the terms of the issuance of transferable rights ("Rights") to the holders of the Fund's common shares of beneficial interest (par value $0.001 per share) ("Shares") as of May 27, 2025 (the "Record Date"). Holders of Rights will be entitled to subscribe for additional Shares (the "Offer") at a discount to the market price of the Shares. After consid.

BlackRock Core Bond Trust (BHK) Announces Terms of Rights Offering

BHK: Understand What You Are Holding, A Leveraged Play On Rates

BHK is a fixed-income CEF with high leverage, primarily holding investment-grade bonds, and its performance is highly sensitive to interest rate changes. The fund's recent outperformance was driven by a significant shift lower in interest rates in August/September 2024, but it has underperformed as rates have risen. BHK's current distribution yield of 8.3% is not fully supported by its portfolio, making it a risky bet for income-focused investors.

BHK: Understand What You Are Holding, A Leveraged Play On Rates

BHK: Could Be Okay In A Recession, But Destructive Distributions Are A Problem

The BlackRock Core Bond Trust offers a high yield of 8.34%, primarily investing in investment-grade bonds, making it attractive for income-seeking, risk-averse investors. Despite its high yield, the BHK closed-end fund has struggled with poor real returns over the past decade due to low yields and losses once rates started rising. It is uncertain whether or not the U.S. will enter a recession or not as "soft data" and "hard data" disagrees.

BHK: Could Be Okay In A Recession, But Destructive Distributions Are A Problem

BHK: 4 Reasons Why I Am Cautious

The BlackRock Core Bond Trust aims to provide high current income and capital appreciation through diversified fixed income investments. The product focuses on investment-grade bonds but also has exposure to high-yield securities. BHK is currently trading at a premium to NAV, while most peer funds trade at a discount to NAV.

BHK: 4 Reasons Why I Am Cautious

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