Closed End Fund News

NEW YORK--(BUSINESS WIRE)--The BlackRock closed-end funds (the “Funds”) listed below announced today the expiration and preliminary results of each Fund’s tender offer (each, a “Tender Offer”) for up to 2.5% of its outstanding common shares (the “Shares”). Each Tender Offer commenced on April 16, 2025 and expired at 5:00 p.m. Eastern time on May 19, 2025. Based on preliminary information, the number of Shares properly tendered for each Fund and not withdrawn is noted in the table below. Fund Na...

NEW YORK--(BUSINESS WIRE)--BNY Mellon Investment Adviser, Inc. announced today that BNY Mellon Strategic Municipal Bond Fund, Inc. and BNY Mellon Strategic Municipals, Inc. (each, a "Fund") have declared a monthly distribution for each Fund's common shares as summarized below. The distributions are payable June 30, 2025 to shareholders of record on June 12, 2025, with an ex-dividend date of June 12, 2025. The increase to the Funds distribution is primarily due to higher yields earned on the Fun...

BOZEMAN, Mont.--(BUSINESS WIRE)--The Destra Multi-Alternative Fund (the “Fund” or “DMA”), a closed-end fund traded on the New York Stock Exchange under the symbol DMA, is pleased to announce that its Board of Trustees have approved a distribution increase for June, July, and August 2025. The new rate has been declared at $0.0825 cents per share in each month:   June July August DMA $0.0825 $0.0825 $0.0825 Payment Date 6/30/2025 7/31/2025 8/29/2025 Record Date 6/18/2025 7/18/2025 8/18/2025 “We a...

NEW YORK--(BUSINESS WIRE)--Category: Financials...

NEW YORK--(BUSINESS WIRE)--Category: Financials...

NEW YORK--(BUSINESS WIRE)--Category: Financials...

NEW YORK--(BUSINESS WIRE)--Category: Fund Announcement...

NEW YORK--(BUSINESS WIRE)--Category: Financials...

NEW YORK--(BUSINESS WIRE)--Category: Financials...

NEW YORK--(BUSINESS WIRE)--BlackRock Core Bond Trust (NYSE: BHK) (the "Fund") today announced that its Board of Trustees (the "Board") has approved the terms of the issuance of transferable rights ("Rights") to the holders of the Fund's common shares of beneficial interest (par value $0.001 per share) ("Shares") as of May 27, 2025 (the "Record Date"). Holders of Rights will be entitled to subscribe for additional Shares (the "Offer") at a discount to the market price of the Shares. After consid...