BlackRock Enhanced Captial and Income Fund
CII

$19.50

0.21%

Market Cap: $861M

About: Blackrock Enhanced Cap&Inc Fund, Inc is a closed-end management investment company. Its objective is to provide total return through a combination of current income and capital appreciation. The trust seeks to achieve its investment objective by investing a majority of its total assets in a portfolio of equity securities of U.S. and foreign issuers.

0

Funds holding %

of 6,728 funds

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Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

86% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 7

28% more repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 25

7% more funds holding

Funds holding: 92 [Q1] → 98 (+6) [Q2]

3% less capital invested

Capital invested by funds: $203M [Q1] → $196M (-$6.21M) [Q2]

1.3% less ownership

Funds ownership: 23.56% [Q1] → 22.27% (-1.3%) [Q2]

100% less funds holding in top 10

Funds holding in top 10: 1 [Q1] → 0 (-1) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for CII.

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Financial journalist opinion

Based on 3 articles about CII published over the past 30 days

CII: Discount Stays Attractive With Market Volatility

BlackRock Enhanced Capital and Income Fund offers investors an attractive discount, with the potential for some of that discount to be realized with tender offers. The CII fund's tech-heavy portfolio aligns with its benchmark, the Russell 1000 Index, but they also utilize a covered call strategy. The covered call strategy and strong underlying portfolio performance have led to attractive and stable monthly distributions for investors.

CII: Discount Stays Attractive With Market Volatility

9 Closed-End Fund Buys In The Month Of August 2024

The broader equity market saw declines in early August but ended near all-time highs to finish off the month. I put some capital to work this month at the low, but not as much as I had planned initially, as the market swiftly recovered. Most of the moves this month were corporate action-driven events, primarily the BlackRock tender offers, as we finished up the first measurement period.

9 Closed-End Fund Buys In The Month Of August 2024

CII: A Distribution Increase Could Be In This CEF's Future

The BlackRock Enhanced Capital and Income Fund offers a 6.21% yield, higher than money market funds and U.S. Treasuries, making it attractive for income-focused investors. Despite recent underperformance, the fund's net asset value increased by 10.63% since the previous article, suggesting potential for a future distribution increase and share price appreciation. The fund's tech-heavy portfolio and covered call strategy balance income and capital appreciation, but investors should ensure proper diversification due to high-tech exposure.

CII: A Distribution Increase Could Be In This CEF's Future

CII: Attractive Total Returns, Attractive Distribution, And Trading At A Discount

BlackRock Enhanced Capital and Income Fund (CII) is a closed-end fund that utilizes a covered call strategy. CII has a rather concentrated portfolio, with top holdings in the tech giants, though it isn't unlike the broader market these days. The fund continues to trade at an attractive discount to its NAV, which makes it an appealing choice to consider.

CII: Attractive Total Returns, Attractive Distribution, And Trading At A Discount

CII: Obtaining A High Yield At A Discount To NAV

BlackRock Enhanced Capital and Income Fund prioritizes reliable income with consistent distributions and capital appreciation. CII uses an option writing strategy on holdings to generate income, reduce volatility, and maintain a diverse portfolio across sectors. CII offers a high dividend yield of 6.1%, with steady growth in dividends since 2016, making it a strong long-term income investment option.

CII: Obtaining A High Yield At A Discount To NAV

Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds

NEW YORK--(BUSINESS WIRE)---- $BBN--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Certain BlackRock Funds previously declared their June distributions on May 20, 2024 BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT), BlackRock Capital Allocation Term Trust (NYSE: BCAT), BlackRock Health Sciences Term Trust (NYSE: BMEZ), BlackRock Science and Technology Term Trust (NYSE: BSTZ), and BlackRock Innovation and Growth Term Trust (NYSE: BIGZ) previous.

Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds

Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions

NEW YORK--(BUSINESS WIRE)---- $BBN--Today, BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYSE: BGR), BlackRock Enhanced International Dividend Trust (NYSE: BGY), BlackRock Health Sciences Trust (NYSE: BME), BlackRock Health Sciences Term Trust (NYSE: BMEZ), BlackRock Enhanced Global Dividend Trust (NYSE: BOE), BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI), Bla.

Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions

5 Best CEFs This Month For A 10% Yield (May 2024)

For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper draw-downs than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.

5 Best CEFs This Month For A 10% Yield (May 2024)

5 Closed-End Fund Buys In The Month Of April 2024

April turned out to be a little more exciting, with the broader equity market pulling back. This helped to create some added volatility that saw discounts widen in some closed-end funds. Every month I put some money to work in an effort to grow my monthly cash flow over time.

5 Closed-End Fund Buys In The Month Of April 2024

Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions

NEW YORK--(BUSINESS WIRE)---- $BBN--Today, BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYSE: BGR), BlackRock Enhanced International Dividend Trust (NYSE: BGY), BlackRock Health Sciences Trust (NYSE: BME), BlackRock Health Sciences Term Trust (NYSE: BMEZ), BlackRock Enhanced Global Dividend Trust (NYSE: BOE), BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI), Bla.

Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions

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