BlackRock High Equity Income Fund (BMCIX)
BlackRock High Equity Income Fund operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Wilmington, DE, US. The stock last traded at $32.88, up 0.00% on the session, giving a market capitalisation of $2.13B. Its beta of 0.69 implies it has historically moved less than the broad market.
The fund is designed to allocate at least 80% of its net assets, augmented by any borrowed capital for investment purposes, to a diversified portfolio of equity securities and instruments linked to equities, including specific equity-linked notes. While capable of investing across the entire spectrum of market capitalizations, its strategy generally favors large-cap companies. A substantial portion, up to 50% of its total assets, may be directed into these equity-linked notes, which are structured to provide both equity exposure and integration with covered call options or other financial instruments.
BlackRock High Equity Income Fund is most often compared with the following Financial Services names: