General Info
About: The Fund is a diversified closed-end investment management company that seeks current income and gains. It has an interval fund structure according to which the Fund will annually repurchase between 5% and 25% of its outstanding shares. It invests at least 80% of its assets in US Government and its Agencies securities, including US Government mortgage-backed securities. It may also invest up to 20% of its assets in non-US Government Agency securities of foreign or domestic issuers, including commercial paper, notes, corporate bonds, debentures, asset-backed securities, mortgage-backed securities, corporate loans, sovereign debt securities and money market securities, that are rated in one of the four highest rating categories by at least one of the established rating agencies.
Tags: Asset Management Financial Services
Website: http://www.blackrock.com