From Seekingalpha · Nick Ackerman · · 50s
BGY Discount Opens for International Fund
BlackRock Enhanced International Dividend Trust (BGY) discount hits double-digit levels, offering cheaper entry for international investors.
In brief
BlackRock Enhanced International Dividend Trust (BGY) discount hits double-digit levels, offering cheaper entry for international investors. BlackRock Enhanced International Dividend Trust's discount to net asset value has reached double-digit levels, making it a more attractive entry point for international…
BlackRock Enhanced International Dividend Trust
BlackRock Enhanced International Dividend Trust offers pure international exposure with no U.S. holdings, focusing on Japan, the U.K., and Taiwan.
Double-Digit Discount to NAV
BGY's current discount to net asset value has hit double-digit levels, and relatively cheaper historical international valuations further make it a more attractive entry point.
Call-Writing Strategy
The fund's call-writing strategy overwrites a portion of the portfolio, balancing income generation with some upside participation to generate gains.
The essence
BlackRock Enhanced International Dividend Trust's discount to net asset value has reached double-digit levels, making it a more attractive entry point for international investors.
