BGY: A Good International CEF If You Are Willing To Sacrifice Upside For Income
BGY offers high-yield international equity exposure, explicitly excluding U.S. stocks for diversification. Read why BGY CEF is a Hold.
Quick take
Read original at Seeking Alpha The BlackRock Enhanced International Dividend Trust offers high-yield international equity exposure. BGY delivered a 19.3% total return over 18 months, aided by an 8.95% yield and option-writing strategy. The fund trades at a 10% NAV discount with a 1.20% expense ratio.
Summarised by netranta from Seeking Alpha. Open the original for the full story.
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