Discount management programs

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Certain BlackRock Closed-End Funds Provide Updates on their Discount Management Programs
Businesswireยท 2025-10-02 00:19
Core Viewpoint - BlackRock's closed-end funds have announced the results of their discount management programs, which aim to repurchase a minimum of 5% of outstanding common shares if the shares trade at an average daily discount to net asset value (NAV) greater than 10% during the measurement period [1] Group 1 - The funds are implementing discount management programs to address trading discounts [1] - Each fund intends to repurchase at least 5% of its outstanding common shares under these programs [1] - The measurement period is defined as the timeframe during which the average daily discount to NAV is assessed [1]