BTZ Stock Recent News

BTZ provides high current income from a portfolio of credit instruments. It has a relatively high duration of 6.4 years, which caused 2022's poor performance.

BTZ has been under pressure along with everything else through 2022 as interest rates have wreaked havoc. Now that some large declines are in and the fund has gone to a discount, there could be a better opportunity here.

This diversified CEF, while volatile, can be a great pick to deliver yield. The portfolio is managed by the reputable and prestigious BlackRock.