
Sep 24, 2026
1,551,775 Shares in BlackRock Capital Allocation Term Trust $BCAT Acquired by Bank of America Corp DE
Bank of America Corp DE has acquired a significant stake of 1,551,775 shares in BlackRock Capital Allocation Term Trust (NYSE:BCAT), valued at approximately $24.7 million, representing 1.47% of the fund. Other institutional investors have also adjusted their holdings in BCAT. The fund recently announced a monthly dividend of $0.2501 per share, reflecting an annualized yield of 21.5%, while its shares are trading near their 52-week low.
Company relevance
100.00%
Company sentiment
Neutral
Overall sentiment
Neutral