How To Play The BlackRock Tender Offers: Start With Buying BOE

hapabapa For those who participated in the Tender Offer program from BlackRock, they may have been surprised by how many shares were actually tendered. That's because the Pro-Ration Factor (see below) was dependent on how many shareholders of each fund put in their shares to be tendered. So using the first grouping of funds listed below, if a smaller number of shareholders put in for the offer, the result would be a higher percent in the Pro-Ration Factor based on the number of tendered shares purchased ...