📈   BCAT: May Benefit From Future Interest Rate Cuts

Finance

I always valued the income aspect of investing because it has always made it a lot easier for me to stick with my investments over the long term. Receiving a growing stream of income on a monthly basis that can then be either spent or reinvested into my portfolio has helped build my confidence level as an investor. Market drops seem to matter less because no matter what the portfolio value looks like, the income tends to grow over time. As a result, I started seeking out high-quality asset classes that could satisfy my hunger for a higher yield. BlackRock's Capital Allocation Term Trust (NYSE:BCAT) sports a large yield of 21% and issues its distributions on a ...

seekingalpha.com     Aug 05, 2024