BlackRock Income Strategies has published results for the year ended 30 September 2016. It recorded a 0.4% loss for investors on an NAV basis and a 10.2% loss to shareholders based on the share price. The dividend was unchanged at 6.54p.
These returns are disappointing in the context of the fund’s investment objective but the Board has already taken decisive action to address the situation. They expect a circular covering the proposed changes will be distributed to shareholders in March.
BIST : BlackRock Income Strategies looks to the future