NEW YORK--(BUSINESS WIRE)--Replay information is now available for the conference call held on Thursday, June 24th. The call featured Rick Rieder and Phil Ruvinsky, portfolio managers for BlackRock Capital Allocation Trust (NYSE: BCAT) and BlackRock Innovation and Growth Trust (NYSE: BIGZ), respectively.
- Rick Rieder, CIO of Global Fixed Income and Head of the Global Allocation Team
- Phil Ruvinsky, Portfolio Manager, Alpha Strategies Group
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Performance results reflect past performance and are no guarantee of future results. Current performance may be lower or higher than the performance data quoted. All returns assume reinvestment of all dividends and/or distributions at the price of the fund on the ex-dividend date. The dividend yield, market value and net asset value of a fund's shares will fluctuate with market conditions. Closed-end funds may trade at a premium to NAV but often trade at a discount.
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The BlackRock CEFs are actively managed and their characteristics will vary. Stock and bond values fluctuate in price so the value of your investment can go down depending on market conditions. International investing involves special risks including, but not limited to political risks, currency fluctuations, illiquidity and volatility. These risks may be heightened for investments in emerging markets. Fixed income risks include interest-rate and credit risk. Typically, when interest rates rise, there is a corresponding decline in bond values. Credit risk refers to the possibility that the bond issuer will not be able to make principal and interest payments. Principal of mortgage- or asset-backed securities normally may be prepaid at any time, reducing the yield and market value of those securities. Obligations of U.S. government agencies are supported by varying degrees of credit but generally are not backed by the full faith and credit of the US government. Non-investment-grade debt securities (high-yield/junk bonds) may be subject to greater market fluctuations, risk of default or loss of income and principal than higher rated securities. Investments in emerging markets may be considered speculative and are more likely to experience hyperinflation and currency devaluations, which adversely affect returns. In addition, many emerging securities markets have lower trading volumes and less liquidity. A fund may use derivatives to hedge its investments or to seek to enhance returns. Derivatives entail risks relating to liquidity, leverage and credit that may reduce returns and increase volatility. Refer to a fund’s prospectus for more information.
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