BlackRock Enhanced Captial and Income FundCII
CII
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 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
1.45% less ownership
Funds ownership: 23.94% [Q2] → 22.49% (-1.45%) [Q3]
2% less funds holding
Funds holding: 98 [Q2] → 96 (-2) [Q3]
8% less capital invested
Capital invested by funds: $211M [Q2] → $193M (-$17.8M) [Q3]
16% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 32
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
Research analyst outlook
We haven’t received any recent analyst ratings for CII.
Financial journalist opinion
Based on 4 articles about CII published over the past 30 days
Negative
Seeking Alpha
15 hours ago
CII: 8.5% Income, 7% Discount, And Lower Volatility
BlackRock Enhanced Capital and Income Fund Inc is a closed-end fund that invests in the equity of large-cap stocks, mostly from the S&P 500. It also utilizes a buy-write call options strategy on the underlying individual holdings to lower volatility and generate income. CII offers a high-income yield of 8.5% after its recent distribution increase and a moderately high discount of roughly 7%. We would rate the fund as a 'hold' for existing owners and a 'buy' for the new investors.
Neutral
Seeking Alpha
1 week ago
11 Closed-End Fund Buys In The Month Of November 2024
This month, I've added to 11 different positions, but most of these were related to repurchases after the BlackRock tender offers. While I added to 11 different positions, these were all positions I had already held previously, so there were no new positions this month. In fact, I sold out of a fund to consolidate my holdings and reduce the number of funds held, as I did last month as well.
Neutral
Business Wire
3 weeks ago
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.
Neutral
Seeking Alpha
3 weeks ago
CII: Name Change And Policy Tweak For This Equity CEF
The BlackRock Enhanced Capital and Income Fund is a buy-write equity CEF with 50 holdings, focusing on large-cap stocks and writing single-name options. The fund is changing its name to BlackRock Enhanced Large Cap Core Fund and introducing an 80% large-cap equity investment policy, effective December 31, 2024. CII's performance is closely correlated with the S&P 500, benefiting from market volatility through option premiums, but it mirrors market drawdowns.
Neutral
Business Wire
4 weeks ago
BlackRock Enhanced Capital and Income Fund, Inc. Approves Name and Investment Policy Changes
NEW YORK--(BUSINESS WIRE)---- $CII--Today, the Board of Directors (the “Board”) of BlackRock Enhanced Capital and Income Fund, Inc. (NYSE: CII) (the "Fund") approved changing the name of the Fund to “BlackRock Enhanced Large Cap Core Fund, Inc.” In connection with the name change, the Board has approved the adoption of a non-fundamental investment policy to invest at least 80% of the Fund's net assets plus the amount of any borrowings for investment purposes, in large cap equity securities and derivativ.
Neutral
Business Wire
1 month ago
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.
Positive
Seeking Alpha
2 months ago
CSQ And CII: Attractive Distributions With Solid Track Records
Closed-end funds often pay relatively higher distribution yields to investors, but it can come at the sacrifice of lower NAV over time. Today, we're looking at two funds that have been able to pay out attractive distribution rates but also have seen their NAVs higher now than at inception. I believe both funds are strong long-term investments, balancing out more modest distribution yields that can allow for NAV to trend flat or potentially appreciate over time, as we've seen.
Neutral
Business Wire
2 months ago
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.
Neutral
Seeking Alpha
3 months ago
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.
Positive
Seeking Alpha
3 months ago
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.
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