BGY: Discount Opens Up For This International Closed-End Fund (Rating Upgrade)

Impact · against what's priced in

The rating upgrade and double-digit discount for BGY provide a marginally positive entry point, but the fund's structure and strategy are standard for this vehicle. There is no material impact on BlackRock.

BGY+0.20

No priced-in read yet

In context

The fund's current double-digit discount to NAV and rating upgrade create a more attractive entry point for income investors.

Read from the article alone

Actual

• blackrock▲400%
• cef▲300%
• dividends
• BGY
• BLK
• call writing
• closed end funds
• income investing