BLK Stock Recent News
BLK LATEST HEADLINES
NEW YORK--(BUSINESS WIRE)---- $BFK--The BlackRock closed-end funds (each a “Fund,” and collectively the “Funds”) listed below announced today the implementation of voluntary management fee waivers, effective May 1, 2024. Under the terms of this initiative, BlackRock Advisors, LLC (“BlackRock”) intends to waive management fees if certain conditions, detailed below, are met. In addition, BlackRock will be waiving an additional one-time $2 million in management/advisory fees pro-rata across the Funds. “We.
NEW YORK--(BUSINESS WIRE)--Today, the Board of Directors/Trustees of BlackRock MuniYield Pennsylvania Quality Fund (NYSE: MPA) and BlackRock California Municipal Income Trust (NYSE: BFZ), (each a “Fund,” and collectively the “Funds”) announced distributions, which reflect distribution increases for the Funds. “We have taken this step to support shareholders of these Funds, consistent with our goal of delivering long-term value. We are focused on enhancing returns for our closed-end fund shareho.
A couple weeks ago, on May 3, BlackRock BlackRock , the world's largest investment firm, did something that will send a shockwave through our favorite high-yield investments: closed-end funds (CEFs).
Changes to how the Federal Reserve manages one of world's most crucial piles of assets pose “underappreciated” risks to financial markets, BlackRock warned in a Friday client note.
Boaz Weinstein is fighting for control or reform at 10 BlackRock closed-end funds, which trade at a steep discount to their net asset value.
The enormous power supply required by data centres to support artificial intelligence (AI) technologies will create competitive issues among countries and put Europe at a disadvantage, the CEO of BlackRock said on Friday.
BlackRock's stock (NYSE: BLK) has given negligible returns YTD as compared to the 11% rise in the S&P500 index over the same period. Further, at its current price of $816 per share, the stock is trading 11% below its fair value of $914 – Trefis' estimate for BlackRock's valuation.
Hello! Vanguard has hired a new CEO, former BlackRock executive Salim Ramji. In this week's ETF Wrap, you'll see how Vanguard stacks up against BlackRock in its close competition for assets in the U.S. ETF world.
Blackrock, one of the UK's largest fund managers, has warned Chancellor Jeremy Hunt that forcing institutions to invest in UK stocks will make pensioners worse off. Hunt has asked some pension providers to disclose how much they invest in UK equities, raising questions over whether he might mandate a minimum amount of British stocks to be held in portfolios.
Blackrock, one of the UK's largest fund managers, has warned Chancellor Jeremy Hunt that forcing institutions to invest in UK stocks will make pensioners worse off. Hunt has asked some pension providers to disclose how much they invest in UK equities, raising questions over whether he might mandate a minimum amount of British stocks to be held in portfolios.