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Business Wire (Tue, 1-Oct 4:30 PM ET)
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Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
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Business Wire (Fri, 16-Aug 8:00 PM ET)
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Business Wire (Tue, 23-Jul 4:30 PM ET)
BlackRock Capital Allocation Trust is a non-diversified, closed-end management investment company. The investment objective is to provide total return and income through a combination of current income, current gains and long-term capital appreciation.
Blackrock Capital Allocation Term Trust Common Shares Of Beneficial Interest trades on the NYSE stock market under the symbol BCAT.
As of October 8, 2024, BCAT stock price climbed to $16.44 with 363,102 million shares trading.
BCAT has a beta of 0.62, meaning it tends to be less sensitive to market movements. BCAT has a correlation of 0.30 to the broad based SPY ETF.
BCAT has a market cap of $1.77 billion. This is considered a Small Cap stock.
In the last 3 years, BCAT traded as high as $20.43 and as low as $13.32.
BCAT has underperformed the market in the last year with a price return of +29.6% while the SPY ETF gained +35.1%. BCAT has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +2.7% and +0.2%, respectively, while the SPY returned +3.7% and +0.6%, respectively.
BCAT support price is $16.27 and resistance is $16.55 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BCAT shares will trade within this expected range on the day.