November 21, 2016 - By Pete Kolinski · 0 Comments
Blackrock Defined Opportunity Credit Trust (NYSE:BHL) institutional sentiment decreased to 1 in Q2 2016. Its down -0.60, from 1.6 in 2016Q1. The ratio is negative, as 8 active investment managers opened new or increased positions, while 5 sold and reduced stock positions in Blackrock Defined Opportunity Credit Trust. The active investment managers in our partner’s database reported: 1.13 million shares, down from 1.17 million shares in 2016Q1. Also, the number of active investment managers holding Blackrock Defined Opportunity Credit Trust in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 2 Increased: 7 New Position: 1.
BlackRock Defined Opportunity Credit Trust is a closed-end management investment company. The company has a market cap of $13. The Fund’s primary investment objective is to provide high current income, with a secondary objective of long-term capital appreciation. It currently has negative earnings. The Fund seeks to achieve its investment objectives by investing its assets in loan and debt instruments, and loan-related and debt-related instruments.
The stock closed at $13.36 during the last session. It is down 1.91% since April 19, 2016 and is uptrending. It has underperformed by 1.95% the S&P500.
Bessemer Group Inc holds 0.02% of its portfolio in Blackrock Defined Opportunity Credit Tr for 231,570 shares. Bank Of America Corp De owns 354,591 shares or 0% of their US portfolio. Moreover, Citigroup Inc has 0% invested in the company for 4,745 shares. The Massachusetts-based Commonwealth Equity Services Inc has invested 0% in the stock. Deutsche Bank Ag, a Germany-based fund reported 75,900 shares.#img1#
More notable recent Blackrock Defined Opportunity Credit Tr (NYSE:BHL) news were published by: Barrons.com which released: “Closed-End Funds Offering Attractive Income” on October 10, 2015, also Businesswire.com with their article: “Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds” published on July 01, 2016, Nytimes.com published: “Closed-End Funds Offer Bargains to Careful Buyers” on October 15, 2013. More interesting news about Blackrock Defined Opportunity Credit Tr (NYSE:BHL) were released by: Seekingalpha.com and their article: “PIMCO Dynamic Credit Income Fund (PCI): A Good Or Bad Investment?” published on September 21, 2016 as well as Streetinsider.com‘s news article titled: “Form NSAR-B BLACKROCK MUNICIPAL INCO For: Aug 31” with publication date: October 28, 2016.
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By Pete Kolinski